Five years ago, hailing an Uber ride from Midtown to the Lower East Side would cost Julianne Elise Beffa, 23, between $13 and $20 for a night out on the town at her favorite Lower East Side watering holes. Today, that same route costs her between $35 and $50 each way. “Years ago I’d pay…Continue Reading
Amid the Ukraine war and sanctions, Russia has begun delivering the second squadron of S-400 advanced surface-to-air missile defence system to India, ahead of schedule, officials said. By end of this month, the delivery of the critical system will be completed and thereafter it will be deployed. The first squadron of the S-400 system arrived…Continue Reading
In an accident, three army soldiers have died and five others were injured in India’s Kashmir Valley. The army vehicle overturned in South Kashmir’s Shopian district when it was en route to the encounter site in Badigam village, where four terrorists of LeT were killed by the security forces. The accident happened near Kanipora…Continue Reading
India is likely to receive normal monsoon rains this year, the state-run weather office said on Thursday, raising prospects of higher farm and general growth in Asia’s third-biggest economy. The rains, which usually lash the southern tip of Kerala state around June 1 and retreat by September, are expected to be 99 per cent of the long-term average this year, the India Meteorological Department said in a…Continue Reading
President Joe Biden will nominate Michael Barr to be the Federal Reserve’s top regulator in charge of big banks. Barr, who served as assistant Treasury secretary for financial institutions during the Obama administration, seen here at a Treasury Department meeting in Washington, D.C. on Nov. 30, 2010.Andrew Harrer | Bloomberg | Getty ImagesPresident Joe Biden…Continue Reading
The metropolis of Shanghai, where many foreign businesses are located, entered a two-part lockdown this week as municipal authorities sought to control an outbreak in China’s worst Covid wave in two years.Hector Retamal | Afp | Getty ImagesChina’s central bank kept a key interest rate unchanged on Friday in a surprise move, despite expectations for…Continue Reading
Russian businessman and politician Alexander Babakov on February 22, 2021, in Moscow, Russia.Mikhail Svetlov | Getty ImagesThe Department of Justice charged a high-ranking Russian legislator and two of his staffers with running a yearslong scheme to influence U.S. officials by peddling disinformation to advance the Kremlin’s interests, according to court documents made public Thursday.The three…Continue Reading
Businesses around the world have been facing labor shortages as many people quit their jobs — and Asia is no exception.A 2021 Mercer survey found that employers from Malaysia, Indonesia, the Philippines and Thailand observed a higher turnover rate, especially at the mid-career level, when compared with previous years. The Great Resignation isn’t ending any time…Continue Reading
China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found.Yi Fan | Visual China Group | Getty ImagesBEIJING — China’s latest Covid lockdowns are a greater risk for global inflation today than they were in 2020, Bernstein analysts said.That’s because the…Continue Reading
Medics say at least 117 Palestinians have been wounded in clashes with Israeli police at a major holy site in Jerusalem Topics Jersusalem | Israel-Palestine | palestine AP | PTI | Jerusalem Last Updated at April 15, 2022 13:31 IST Medics say at least 117 Palestinians have been wounded in clashes with Israeli police at a major holy site…Continue Reading
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