Oct 15 (Reuters) – Saudi Arabia will provide $400 million in humanitarian aid to Ukraine, Saudi state news agency SPA said, adding that Crown Prince Mohammed bin Salman made a phone call to Ukrainian President Volodymyr Zelenskiy on Friday. The crown prince expressed the kingdom’s readiness to continue efforts of mediation and support everything that...
Author: Berliner Tribüne (Berliner Tribüne)
How Britain’s pension scheme hedge became a trillion pound gamble
LONDON, Oct 15 (Reuters) – It started out simply enough: British pension schemes were looking for a way to match their assets to future pension payments. Schemes run for pharmacy Boots and bookseller WHSmith were early adopters in the 2000s of an investment strategy of dumping stocks for bonds, to shield themselves from interest rate...
Australia set to savour T20 World Cup defence on home soil
MELBOURNE, Oct 15 (Reuters) – On home pitches and with strength across the board, Australia are in the box seat to become the first team to win back-to-back T20 World Cups in a country that has eagerly awaited its chance to stage the global showpiece. Australia were to host the tournament for the first time...
NHS, No Health System, let the people die?
Islamabad, October 13 (special correspondent) – Nazir Khan 64, a cancer stage four patient, is on death bed, claims, he reached this condition because of the NHS and the incompetent Doctors in the UK. Mr Khan is a British citizen, and a resident of Hull, England. In the first week of June, he went to...
Flying car in Dubai
DUBAI, Oct 12 (Reuters) – A “flying car” built by Chinese electronic vehicle maker Xpeng Inc (9868.HK) made its first public flight in the United Arab Emirates, as the company works towards launching the electric aircraft on international markets. The X2 is a two-seater electric vertical take-off and landing (eVTOL) aircraft that is lifted by eight...
Biden vows consequences for Saudi Arabia after OPEC+ decision
WASHINGTON, Oct 12 (Reuters) – President Joe Biden pledged on Tuesday “there will be consequences” for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over U.S. objections. His announcement came a day after powerful Democratic Senator Bob Menendez, chairman of the Senate Foreign Relations Committee,...
China’s ‘liberal’ Wang Yang seen as possible premier as reshuffle looms
HONG KONG, Oct 12 (Reuters) – When Wang Yang was Chinese Communist Party boss of economic powerhouse Guangdong province, the man now considered a top contender to be China’s next premier displayed a liberal streak that has been less visible since Xi Jinping took power. During his time in Guangdong, which borders Hong Kong, Wang...
Biden doubts Putin would use nuclear weapon, Ukraine pleads for more military aid
KYIV, Oct 12 (Reuters) – U.S. President Joe Biden said on Wednesday he doubted whether Russian President Vladimir Putin would use a tactical nuclear weapon as Ukraine pleaded for a rapid increase in Western military aid to defend against missile strikes on its cities. Explosions rocked the Russian-occupied southern towns of Kherson and Melitopol and...
T20 Tri Series: Big win for New Zealand against Pakistan
Christchurch, October 11 (ESPN) –New Zealand 131 for 1 (Allen 62, Conway 49*, Shadab 1-26) beat Pakistan 130 for 7 (Bracewell 2-11, Santner 2-27, Southee 2-31) by nine wickets On a subcontinental-style pitch in Christchurch, New Zealand’s spin quartet, led by offspinner Michael Bracewell, pinned down Pakistan to a below-par 130 for 7 and set up the hosts’ second...
Chill in Europe as winter nears, Russian gas supply gap
LONDON, Oct 11 (Reuters) – Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as any sabotage of infrastructure or even deeper cuts to Russian supply would make power rationing or blackouts all but inevitable. Even if Europe manages to stay warm and keep the...