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QUITO, Ecuador (AP) —A diplomatic rift between Ecuador and Russia appeared to intensify over the weekend after the European nation decided to ban some imports of bananas from Ecuador. The two countries have been at loggerheads recently after Ecuador decided to transfer some of its old Russian military equipment to the United States, in exchange for $200 million in new military gear. Ecuador is the world’s leading banana exporter, with sales worth around $3.5 billion in 2022. Photos You Should See View All 45 ImagesRussia’s decision to ban some banana imports came after President Daniel Noboa announced in January that Ecuador would transfer several tons of old Russian-made military equipment to the United States. Russia’s foreign ministry protested Noboa’s decision, saying that it violated a contract which stipulated that Ecuador could not sell the equipment to third parties without Russia’s consent.

Persons: Daniel Noboa, Noboa, Noboa’s, Carlos Estarellas, ” Estarellas, Richard Salazar, ACORBANEC, ”, Russia’s, “, ” Salazar, hadn’t Locations: QUITO, Ecuador, Russia, loggerheads, United States, Ecuadorian

Political Cartoons View All 253 ImagesThe news is a major blow to Port Talbot, a town of about 35,000 people whose economy has been built on the steel industry since the early 1900s. At its height in the 1960s, the Port Talbot steelworks employed around 20,000 people, before cheaper offerings from China and other countries hit production. More than 300,000 people worked in Britain’s steel industry in 1971; by 2021 it was about 26,000. Last year the U.K. government gave Tata up to 500 million pounds ($634 million) to make the Port Talbot steelworks greener. “We saw it with the coal industry and now it is happening again with the steel industry.

Persons: ”, T.V, Narendran, Port, Tata, “, Tata's, Anthony Slaughter Organizations: Tata Steel, Tata, ” Tata Steel, Unions, Port Talbot, Commons Library, Community, Green Party Locations: Port Talbot, Wales, China, Port

☆ A fire just razed a slum in the heart of one of Korea's ritziest neighborhoods. It highlights the vast wealth gap and tight proximity in which Seoul's richest and poorest live.
▼ + stars: | 2023-01-20 | by ( Cheryl Teh | Amanda Goh | ) www.businessinsider.com time to read: +6 min

On January 20, a fire tore through the shantytown of Guryong village in Seoul. Firefighters and rescue workers clean up the site of a fire at Guryong village in Seoul, South Korea, Friday, Jan. 20, 2023. ED JONES/Getty ImagesGuryong feels like a world away from Seoul, but it's very close to where the most well-heeled people in South Korea live. Around a fifth of single-person households in Seoul live in spaces under 14 square meters, or 150 square feet. But for now it's still Guryong village — a smoldering scar on the sparkling facade South Korea would rather have you looking at instead.

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