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☆ Scientists solved the mystery of African elephant die-offs. The threat may not be over
▼ + stars: | 2023-11-06 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Thirty-five African elephants in northwestern Zimbabwe dropped dead under baffling circumstances between late August and November 2020. And the extreme conditions that scientists project will occur with more frequency as Earth warms could mean more elephant deaths in the future. Foggin said there was no proven connection between the Zimbabwe and Botswana elephant deaths. An embattled species under threatThe African elephant is a flagship species that faces significant pressure from poaching and habitat loss. Additionally, exporting wildlife samples for analysis involves obtaining multiple permits from different entities — a process which can take months,” the study said.

Persons: —, “, ”, Chris Foggin, ” Foggin, cyanobacterial, Foggin, Pasteurella Organizations: CNN, Victoria Falls Wildlife Trust, Nature Communications, International Union for Conservation of Locations: Zimbabwe, Victoria Falls, Botswana, Kazakhstan

☆ Erdogan Says He Will Try to Facilitate Sweden's NATO Bid Ratification
▼ + stars: | 2023-11-04 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

ANKARA (Reuters) - Turkish President Tayyip Erdogan said he would try to facilitate the parliamentary ratification of Sweden's NATO membership as much as possible, but added that Stockhom had still not taken sufficient action on Kurdish militants. Erdogan submitted a bill approving Sweden's NATO membership bid to parliament for ratification last month, a move welcomed by the alliance and Stockholm. Erdogan also said planned talks in parliament about Turkey's 2024 state budget would now take priority, suggesting that the approval of Sweden's NATO membership might not be rapid. "But we will try to facilitate the work (on ratifying Sweden's NATO bid) as much as possible. Finland's membership was sealed in April, but Sweden's bid had been held up by Turkey and Hungary.

Persons: Tayyip Erdogan, Stockhom, Erdogan, Haberturk, Jason Neely, Gareth Jones Organizations: NATO, Kurdistan Workers Party Locations: ANKARA, Stockholm, Turkey, Kazakhstan, embargoes, Sweden, Finland, Ukraine, Hungary

☆ Erdogan says he will try to facilitate Sweden's NATO bid ratification
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +2 min

ANKARA, Nov 4 (Reuters) - Turkish President Tayyip Erdogan said he would try to facilitate the parliamentary ratification of Sweden's NATO membership as much as possible, but added that Stockhom had still not taken sufficient action on Kurdish militants. Erdogan submitted a bill approving Sweden's NATO membership bid to parliament for ratification last month, a move welcomed by the alliance and Stockholm. Erdogan also said planned talks in parliament about Turkey's 2024 state budget would now take priority, suggesting that the approval of Sweden's NATO membership might not be rapid. "But we will try to facilitate the work (on ratifying Sweden's NATO bid) as much as possible. Finland's membership was sealed in April, but Sweden's bid had been held up by Turkey and Hungary.

Persons: Tayyip Erdogan, Stockhom, Erdogan, Haberturk, Jason Neely, Gareth Jones Organizations: NATO, Kurdistan Workers Party, Thomson Locations: ANKARA, Stockholm, Turkey, Kazakhstan, embargoes, Sweden, Finland, Ukraine, Hungary

☆ Turkey's Erdogan Says Post-War Gaza Must Be Part of Sovereign Palestinian State
▼ + stars: | 2023-11-04 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

ANKARA (Reuters) - Turkish President Tayyip Erdogan said Gaza must be part of an independent, sovereign Palestinian state once the Israel-Hamas war is over, and Ankara will not support any plans "gradually erasing Palestinians" from history. Turkey has called for an immediate ceasefire and offered to set up a system to guarantee it. Speaking to reporters on a return flight from Kazakhstan on Friday, Erdogan repeated his criticism of Western countries for their support of Israel, saying Ankara's trust in the European Union was "deeply shaken". "But otherwise, there can be no such thing as completely severing ties, especially not in international diplomacy," he was cited as saying by Haberturk. Prior to the Israel-Hamas war, Turkey was working to repair relations with Israel after years of acrimony.

Persons: Tayyip Erdogan, Israel, Erdogan, Haberturk, Ibrahim Kalin, Benjamin Netanyahu, Netanyahu, Haberturk ., Ebrahim Raisi, Alexandra Hudson, Giles Elgood Organizations: European, Israeli, Islamic Cooperation Locations: ANKARA, Gaza, Palestinian, Israel, Ankara, Turkey, U.S, Britain, Kazakhstan, European Union, East Jerusalem, Riyadh

☆ War in Ukraine Loosens Russia’s Grip on Its Own Backyard
▼ + stars: | 2023-11-03 | by ( Yaroslav Trofimov | ) www.wsj.com time to read: 1 min

French President Emmanuel Macron, right, visiting Astana, Kazakhstan, on Wednesday for talks with President Kassym-Jomart Tokayev. Photo: Press Service of the President of Kazakhstan/ReutersWhen domestic turmoil engulfed Kazakhstan in January last year, Russian airborne troops quickly swooped in to help restore order. Moscow’s sway in much of the former Soviet Union—areas that Russians refer to as “near-abroad”—seemed to be at its peak. The invasion of Ukraine, launched the following month, bared the stark limits of Russian power in what Moscow considered its own backyard. Spooked by the bloodshed in Ukraine and by the international sanctions imposed on Russia, its neighbors and allies now are busy diversifying their relationships, hedging against Moscow by deepening ties with China and the West.

Persons: Emmanuel Macron, Kassym, Tokayev, ” — Organizations: Press Service, Reuters, Soviet Locations: Astana, Kazakhstan, Russian, Soviet Union, Ukraine, Moscow, Russia, China

☆ Top seed Sabalenka knocks Rybakina out of WTA Finals
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

[1/5] Nov 3, 2023; Cancun, Mexico; Aryna Sabalenka reacts to a point during her match against Elena Rybakina (KAZ) on day six of the GNP Saguaros WTA Finals Cancun. Mandatory Credit: Susan Mullane-USA TODAY Sports Acquire Licensing RightsNov 3 (Reuters) - Aryna Sabalenka outlasted Elena Rybakina 6-2 3-6 6-3 to reach the WTA Finals last four in a win-or-bust group match on Friday that was halted on Thursday due to stormy weather in Cancun. Under bright sunshine but still unrelenting winds, world number one Sabalenka unleashed an ace out wide on match point to send fourth seed Rybakina packing from the year-end tournament. "I didn't really think a lot about this match," Sabalenka told Tennis Channel. Belarusian Sabalenka joins American group winner Jessica Pegula in the semi-finals of the event between the world's top eight players.

Persons: Sabalenka, Elena Rybakina, KAZ, Susan Mullane, Jessica Pegula, Kazakhstan's Rybakina, Maria Sakkari, Iga, Coco Gauff, Marketa, Rory Carroll, Ken Ferris Organizations: Cancun, WTA, Tennis, Thomson Locations: Cancun, Mexico, Belarusian, Los Angeles

☆ Russia fumes at the West's charm offensive in its backyard, saying it's 'luring' its friends away
▼ + stars: | 2023-11-03 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

One top official in Moscow was fuming as he claimed the West was "luring" its "neighbours, friends, and allies" away from Russia. Moscow's disdainThe French leader's comments are likely to have enraged Moscow, which is already watching Western efforts to court Central Asia with suspicion and disdain. "Look at how Western powers are wooing Central Asia," Lavrov told the BelTA news agency, in comments published by Russia's Foreign Ministry. "They have created numerous formats such as 'Central Asia plus' involving the United States, the EU, and Japan ... On top of the Central Asia plus EU format, the Germans have created their own format. China's roleThere's certainly a tussle for influence that's taking place in Central Asia, with China also "courting" the region to a certain extent.

Persons: Vladimir Putin, Emmanuel Macron, Macron, Kassym, Sergei Lavrov, Lavrov, Ilham Aliyev, Serdar Berdimuhamedow, Emomali Rahmon, Alexander Lukashenko, Mark Galeotti, Galeotti, we've, Ed Jones, There's, Joe Biden, Jim Watson, Alexander Titov, Russia's, Xi Jinping, Gurbanguly Berdimuhamedov Organizations: Getty, Ukraine, Kazakh, CNBC, Russian, Central, Russia's Foreign Ministry, EU, Commonwealth of Independent States, Central Asia's, West, General, Afp, Georgia —, Queen's University of Belfast, U.S, Analysts, of, Forum, International Cooperation, Xinhua News Agency Locations: 13,2023, Bishkek, Kyrgyzstan, Russia, Moscow, Central Asia, Kazakhstan, Soviet, Astana, France, Uzbekistan, United States, Japan, Turkmenistan, Russian, London, Europe, China, Central, Ukraine, Central Asian, Tajikistan, New York City, Belarus, Donetsk, Kherson, Luhansk, Zaporizhzhia, North Korea, Nicaragua, Syria, South Caucasus, Armenia, Azerbaijan, Georgia, Latvia, Lithuania, Estonia, Moldova, Afghanistan, Beijing, People's, of Turkmenistan

☆ Kazakhstan welcomes France's Macron under Moscow's disapproving gaze
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

Kazakh President Kassym-Jomart Tokayev shakes hands with French President Emmanuel Macron during a meeting in Astana, Kazakhstan November 1, 2023. Press service of the President of Kazakhstan/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. At a meeting with Kazakh President Kassym-Jomart Tokayev, Macron complimented Astana for refusing to side with Moscow on Ukraine and said the two countries planned to sign significant business deals. In addition to oil, Kazakhstan is a major exporter of uranium, and France's Orano already operates a joint venture with its state nuclear firm Kazatomprom. "We can call your visit historic, very important," Tokayev told Macron.

Persons: Kassym, Emmanuel Macron, Macron, Sergei Lavrov, France's, Tokayev, Tamara Vaal, Olzhas, Jason Neely Organizations: Press, Rights ASTANA, Kazakh, Astana, United Nations, Soviet Central, Foreign, Moscow, Thomson Locations: Astana, Kazakhstan, Handout, Central Asia, Ukraine, China, Europe, Russia, Moscow, Uzbekistan, Western, France

☆ No goal of month winner for Basel after horror-show October
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +1 min

Oct 31 (Reuters) - Swiss club Basel's season has gone from bad to worse since it began in July, and with no goals scored in October, they were unable to announce a goal of the month winner on Tuesday. With four defeats from four games in October, Basel conceded 10 goals and scored none, which led to the club posting a photo of a goal net and a caption which read "No goals in October = No goal of the month" on their social media accounts. The club are currently bottom of the Swiss league, with just one win in 11 games, and were also knocked out of the Europa Conference League in the second qualifying round by FC Tobol of Kazakhstan. The game should, they will hope, give them a decent chance of at least having some goals to choose from for November's goal of the month award. Reporting by Trevor Stynes Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Heiko Vogel, Fabio Celestini, Trevor Stynes, Christian Radnedge Organizations: Swiss, Europa Conference League, FC Tobol, Conference League, Basel, SC Kriens, Thomson Locations: Basel, Kazakhstan, It's

☆ Blast kills dozens of coal miners in Kazakhstan
▼ + stars: | 2023-10-30 | by ( Akanksha Sharma | Heather Chen | ) edition.cnn.com time to read: +1 min

CNN —At least 45 coal miners were killed in a fire sparked by a methane gas explosion at a mine in Kazakhstan, authorities in the country said on Sunday. In a statement, the Ministry for Emergency Situations said the blast sparked a blaze early on Saturday at the Kostenko mine in the Karaganda region, state-owned Kazinform news agency reported. More than 200 people were evacuated from the mine to safety and search efforts are ongoing for one missing miner, the ministry said. The mine is owned by Luxembourg-based ArcelorMittal, the world’s largest producer of steel, and run by its local representative ArcelorMittal Temirtau, which operates multiple coal and iron ore mines across Kazakhstan. The multi-billion dollar mining sector accounted for an estimated 17% of GDP in mineral-rich Kazakhstan in 2021, according to the US International Trade Administration.

Persons: ArcelorMittal, “, Kassym, Jomart Tokayev Organizations: CNN, Ministry, Emergency, General, Office, Kazakh, US International Trade Administration Locations: Kazakhstan, Karaganda, Luxembourg, Kazakh, Temirtau

☆ Russia to simplify inward investment for 'friendly' countries -prime minister
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

Russian Prime Minister Mikhail Mishustin delivers a speech during a session of the Moscow Financial Forum in the city of Moscow, Russia, September 28, 2023. Sputnik/Alexander Astafyev/Pool via REUTERS/File Photo Acquire Licensing RightsOct 30 (Reuters) - Prime Minister Mikhail Mishustin said on Monday that Russia would create a simplified procedure for citizens and companies from "friendly" countries to invest there. Mishustin said entities from a list of 25 countries would be allowed to open bank accounts in Russia and make deposits via a simplified procedure. It said the procedure would apply to 25 "friendly" countries including China, India, Brazil, Saudi Arabia, Turkey, Kazakhstan and Belarus. Moscow defines "unfriendly" countries as those that have joined a barrage of Western-led economic sanctions in response to Russia's war in Ukraine.

Persons: Mikhail Mishustin, Alexander Astafyev, Mishustin, Felix Light, Kevin Liffey Organizations: Russian, Sputnik, Thomson Locations: Moscow, Russia, China, India, Brazil, Saudi Arabia, Turkey, Kazakhstan, Belarus, Ukraine

☆ Death toll rises to 45 in ArcelorMittal Kazakh coal mine fire
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] Relatives of miners gather at the Kostenko coal mine operated by ArcelorMittal Temirtau during a power outage, as a rescue operation continues following a mine fire, in Karaganda, Kazakhstan October 28, 2023. On Saturday, operator ArcelorMittal Temirtau, the local unit of Luxembourg-based steelmaker ArcelorMittal, said 206 of 252 people at the Kostenko mine had been evacuated after what appeared to be a methane blast. Gennady Silinsky, a senior emergency services official, on Sunday confirmed the death toll and continuing operation in Karaganda, a major coal mining centre, to Kazakhstan's Khabar-24 television. "Work is going on round the clock in shifts in two areas of operations," Murat Katpanov, another emergency official, told Khabar-24. Earlier statements said rescue operations in the two areas - 4 km (2.5 miles) apart - were hampered by power cuts and wrecked equipment.

Persons: ArcelorMittal Temirtau, Stringer, ArcelorMittal, Gennady Silinsky, Kazakhstan's, Murat Katpanov, Khabar, Mariya Gordeyeva, Andrew Osborn, Alexander Smith, Ron Popeski, Marguerita Choy Organizations: REUTERS, Rights, ArcelorMittal, Sunday, Thomson Locations: Karaganda, Kazakhstan, Rights ALMATY, Luxembourg

☆ Opinion: My country abolished the death penalty. So can yours
▼ + stars: | 2023-10-29 | by ( Opinion Elbegdorj Tsakhia | ) edition.cnn.com time to read: +7 min

He is commissioner of the International Committee against Death Penalty (ICDP). When I entered office in 2009, I quickly came to realize that use of the death penalty in Mongolia had been arbitrary, secretive and cruel. By the end of 2022, more than two-thirds of the world’s nations had done away with the practice, according to the Washington, DC-based Death Penalty Information Center. Research from Amnesty International found no evidence that the death penalty deterred crime more than life imprisonment. When I became Mongolia’s president, five crimes were eligible for the death penalty: two forms of terrorist attacks, sabotage, rape and aggravated murder.

Persons: Tsakhia, Read, Tharman Shanmugaratnam, it’s, who’s, Elbegdorj, –, Lui Tuck Yew, Tharman Organizations: International, CNN, International Covenant, Civil, Political, Amnesty, Central African, Research, Amnesty International Locations: Mongolia, Singapore, Washington, DC, Kazakhstan, Papua New Guinea, Sierra Leone, Central African Republic, Iran, Saudi Arabia, China, Thailand, Malaysia, United States

☆ Death toll rises to 42 in ArcelorMittal Kazakh mine fire
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] Relatives of miners gather at the Kostenko coal mine operated by ArcelorMittal Temirtau during a power outage, as a rescue operation continues following a mine fire, in Karaganda, Kazakhstan October 28, 2023. REUTERS/Stringer Acquire Licensing RightsALMATY, Oct 29 (Reuters) - The death toll from a fire at a mine owned by ArcelorMittal in Kazakhstan rose to 42 people on Sunday as a search for four miners continued, the Ministry for Emergency Situations said. "The search operation is hampered by the presence of destroyed mining equipment, as well as rubble in some places", the ministry said in a statement. On Saturday, operator ArcelorMittal Temirtau, the local unit of Luxembourg-based steelmaker ArcelorMittal (MT.LU) , said 206 of 252 people at the Kostenko mine had been evacuated after what appeared to be a methane blast. The Ministry for Emergency Situations said it was still monitoring the gas situation at the mine.

Persons: ArcelorMittal Temirtau, Stringer, ArcelorMittal, Mariya Gordeyeva, Andrew Osborn, Alexander Smith Organizations: REUTERS, Rights, ArcelorMittal, Ministry, Emergency Situations, Emergency, Thomson Locations: Karaganda, Kazakhstan, Rights ALMATY, Luxembourg

☆ At least 21 dead, more missing after ArcelorMittal mine fire in Kazakhstan
▼ + stars: | 2023-10-28 | by ( ) www.reuters.com time to read: +1 min

ALMATY, Oct 28 (Reuters) - At least 21 people have died in a mine fire in Kazakhstan, ArcelorMittal Temirtau (MT.LU), the local unit of the Luxembourg-based steelmaker which operates the mine, said on Saturday. Of the 252 people at the Kostenko mine, 208 had been evacuated, with 18 seeking medical help, the company said in a statement. Kazakh President Kassym-Jomart Tokayev, who expressed condolences to victims' families, ordered his cabinet to stop investment cooperation with ArcelorMittal Temirtau. The government said in a statement that it was finalising a deal to nationalise the company, which operates the country's biggest steel mill. Last month First Deputy Prime Minister Roman Sklyar told reporters that Kazakhstan was in talks with potential investors who could take over the mill.

Persons: ArcelorMittal, Kassym, Tokayev, ArcelorMittal Temirtau, Roman Sklyar, Olzhas, William Mallard, Jason Neely Organizations: Thomson Locations: ALMATY, Kazakhstan, Luxembourg

☆ At least 28 dead, 18 missing after ArcelorMittal mine fire in Kazakhstan
▼ + stars: | 2023-10-28 | by ( ) www.reuters.com time to read: +2 min

[1/4] An ambulance drives out of the Kostenko coal mine operated by ArcelorMittal Temirtau as rescue operation continues following a mine fire, in Karaganda, Kazakhstan October 28, 2023. REUTERS/Stringer Acquire Licensing RightsSummaryCompanies Suspected methane blast, company saysSome 206 of 252 people evacuatedPresident declares Oct 29 national day of mourningGovernment, company say working to nationalise the firmALMATY, Oct 28 (Reuters) - At least 28 people have died and 18 remain missing after a mine fire in Kazakhstan, the Ministry for Emergency Situations said on Saturday. Operator ArcelorMittal Temirtau (MT.LU), the local unit of the Luxembourg-based steelmaker, said 206 of 252 people at the Kostenko mine had been evacuated after what appeared to be a methane blast. Kazakh President Kassym-Jomart Tokayev, who expressed condolences to the victims' families and declared a national day of mourning on Oct. 29, ordered his cabinet to stop investment cooperation with ArcelorMittal Temirtau. "ArcelorMittal is committed to completing this transaction as soon as possible in order to minimise disruption to the greatest extent possible."

Persons: ArcelorMittal Temirtau, Stringer, ArcelorMittal, Kassym, Tokayev, Roman Sklyar, Olzhas, William Mallard, Jason Neely Organizations: REUTERS, Ministry, Emergency, Kazakh, Thomson Locations: Karaganda, Kazakhstan, ALMATY, Luxembourg, Republic of Kazakhstan

☆ Putin is using a new massive table to keep his distance from officials — and it's just as ridiculous as the original
▼ + stars: | 2023-10-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Footage shows them meeting with Vladimir Putin in the Kremlin around a rectangular table. Putin is conscious of germs and likes to keep his distance from people, reports have speculated. AdvertisementAdvertisementRussian President Vladimir Putin revealed a new massive table to keep his distance from his officials — and it's just as ridiculous as the others. Russian President Vladimir Putin (left) German Chancellor Olaf Scholz on February 15, 2022. In June last year, he was seen with fellow heads of state at a massive table in Turkmenistan.

Persons: Vladimir Putin, Putin, —, Catherine Hall, Olaf Scholz, Anton Gerashchenko, Reddit, Emmanuel Macron Organizations: Service, Presidential, Reuters Locations: Moscow, Kremlin, Azerbaijan, Iran, Kazakhstan, Turkmenistan, Russia

☆ Chevron's third-quarter profit slumps, shares fall on earnings miss
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: +2 min

Results come after Chevron agreed to buy U.S. Hess for $53 billion to expand its shale and deepwater oil production. The earnings miss came after the company warned that maintenance in its oil and gas production and refining businesses would hurt results. It also suffered a setback in a Kazakhstan project with an about six-month delay in expanding oil and gas production at its Tengizchevroil operation. Profit from pumping oil and gas fell about 38% to $5.76 billion in the quarter from $9.3 billion a year ago. Oil prices recently rebounded from a mid-year slump as tighter supplies drove up crude prices.

Persons: Hess, Biraj Borkhataria Organizations: Chevron, Oil, PDC Energy, ACES, RBC, ACES Delta Locations: ACES Delta, Kazakhstan

☆ In the ultimate irony, Russia's obsession with Ukraine may have weakened its power over its other neighbors
▼ + stars: | 2023-10-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Russian President Vladimir Putin speaks during a press conference at the Commonwealth of Independent States' head of states meeting on Oct. 13, 2023, in Bishkek, Kyrgyzstan. This pool photograph distributed by Russian state owned agency Sputnik shows Russia's President Vladimir Putin and his Kyrgyz counterpart Sadyr Japarov attending a welcoming ceremony prior to their talks in Bishkek on October 12, 2023. In fact, she said, Kyiv's resistance highlighted to Russia's neighbors and partners that "Russian power is a bubble with only a nuclear button in its center." Russian President Vladimir Putin enters the hall during Russian-Uzbek talks at the Grand Kremlin Palace on Oct. 6, 2023. So it's fair to say that if you do not control Ukraine, you do not control the post-Soviet space," he told CNBC.

Persons: Vladimir Putin, —, Georgia —, It's, Emmanuel Dunand, Sadyr Japarov, Sergei Karpukhin, Vladimir Putin's, Dmitry Peskov, Peskov, Vira Konstantinova, Vladimir Milov, Putin, Milov, Milov —, — Putin, Igor Semivolos, Ilham Aliyev Organizations: Commonwealth of Independent States, Getty, Afp, Azerbaijan, Sputnik, Kyrgyz, AFP, CNBC, Russian, West, Center for Middle East Studies, Anadolu Agency Locations: Bishkek, Kyrgyzstan, Ukraine, Moscow, Soviet Union, South Caucasus, Armenia, Azerbaijan, Georgia, Belarus, Kazakhstan, Russia, Karabakh, Lachin, Nagorno, Kyiv, Transnistria, Moldova, Abkhazia, South Ossetia, USA, Turkey, Baku

☆ Russian war economy is overheating on a powder keg
▼ + stars: | 2023-10-25 | by ( Pierre Briancon | ) www.reuters.com time to read: +8 min

LONDON, Oct 25 (Reuters Breakingviews) - His war on Ukraine may not be unfolding according to plan, but President Vladimir Putin can still claim that the Russian economy is performing, as he says, “better than previously expected”. This kind of understatement is unusual for the Kremlin leader: with a tight labour market and inflation showing no signs of abating, the Russian economy is in fact overheating. And these are conservative numbers, because other types of war spending – such as new construction in the occupied territories – are hidden in other sections of the budget. The Russian currency is down 30% since its January high. Follow @pierrebri on XCONTEXT NEWSThe Russian economy will grow by 2.2% in 2023, the International Monetary Fund said in its October World Economic Outlook.

Persons: Vladimir Putin, “, Putin, Alexandra Prokopenko, Yevgeny Prigozhin, Wagner, Francesco Guerrera, Streisand Neto, Thomas Shum Organizations: Reuters, Kremlin, International Monetary, Bank of Russia, Reuters Graphics Reuters, Bank of, Danone, Carlsberg, International Monetary Fund, Thomson Locations: Ukraine, Russian, Russia, –, Moscow, Europe, Lithuania, microchips, Kazakhstan, Bank of Russia, United States, China, U.S, Beijing

☆ The Netherlands named the best place to retire — here's how other countries compare
▼ + stars: | 2023-10-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Retirement income systems vary in different countries, and the U.S. does not come out on top. The additional concerns make one thing even more important: retirement income systems. They have some of the strongest retirement systems, according to the Mercer CFA Institute Global Pension Index for 2023, which was published Tuesday. A total of 47 different retirement systems were assessed in the report. Retirement systems in the latter have "major weaknesses," the report said.

Organizations: Mercer CFA, Global, U.S Locations: U.S, Netherlands, Iceland, Denmark, Israel, Kazakhstan, Colombia, France, Spain, Canada , New Zealand, Germany, Mexico, Indonesia, South Africa, Thailand, Turkey, India, Philippines, Argentina

☆ Russian e-commerce firm Ozon notifies Nasdaq of delisting intention
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

A view shows the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. But trading in Ozon's securities on Nasdaq was suspended soon after Russia despatched troops to Ukraine in February 2022, as were listings of Russian companies on the London Stock Exchange. "We have no reason to believe that trading of Ozon's ADSs on Nasdaq will resume. This step is aimed at reducing costs associated with providing reports to the U.S. Securities and Exchange Commission's standards." Ozon said it planned to file for voluntary delisting by Oct. 30, and that the delisting would not affect its operations.

Persons: Evgenia, Ozon, Ozon's ADSs, Olga Popova, Alexander Marrow, Kevin Liffey Organizations: REUTERS, Nasdaq, London Stock Exchange, U.S . Securities, Exchange, Kazakhstan's Astana International Exchange, Thomson Locations: Moscow, Russia, Ukraine MOSCOW, Ukraine

☆ Russia makes up 40% of Indian oil imports, dents OPEC's share
▼ + stars: | 2023-10-20 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

Russia was the top oil supplier to India in April to September, followed by Iraq and Saudi Arabia. India's imports from Iraq and Saudi Arabia fell by 12% and about 23% to 928,000 bpd and 607,500 bpd, respectively, during the April-September period, the data showed. Imports from the Middle East in April-September declined by about 28% to 1.97 million bpd, dragging down the region's share in India's overall oil imports to 44% from 60% during the same year-ago period. India's oil imports from various regionsLower purchases from the Middle East dragged down the share of OPEC in India's overall imports to the lowest in 22 years. India's oil imports Opec's share of India's oil imports drop to record lowReporting by Nidhi Verma; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nidhi Verma, Miral Organizations: Saudi, Imports, Commonwealth of Independent States, CIS, Organization of, Petroleum, Thomson Locations: DELHI, India, Moscow, Ukraine, Middle, Russia, Iraq, Saudi Arabia, Azerbaijan, Kazakhstan, East, Africa

☆ Oil falls as Israel embargo concerns fade, Venezuela sanctions to ease
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: +3 min

Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no signs of supporting Iran's call for an oil embargo on Israel and as the United States plans to ease Venezuela sanctions to allow more oil to flow globally. Oil prices climbed about 2% in the previous session on concerns about disruptions to global supplies after Iran called for an oil embargo on Israel over the conflict in Gaza and after the U.S., the world's biggest oil consumer, reported a larger-than-expected inventory draw, adding to already tight supplies. Venezuela's oil flows could help to ease global oil prices, up amid the Israel-Hamas conflict, sanctions on Russia and OPEC+ decisions to reduce output, but Venezuela needs investments to boost output following years of sanctions. Distillate fuel stockpiles fell by 3.2 million barrels in the week to Oct. 13 to 113.8 million barrels, EIA data showed. Crude inventories fell by 4.5 million barrels to 419.7 million barrels, while gasoline fell by 2.4 million barrels to 223.3 million barrels.

Persons: WTI Organizations: OPEC, Brent, . West Texas, of, Petroleum, Iran's, RBC Capital Markets, Citi, United, Venezuelan, Energy Information Administration, Reuters Locations: Cushing , Oklahoma, Israel, United States, Venezuela, Iran, Gaza, U.S, Kazakhstan, Azerbaijan, Iraq, Russia, OPEC

☆ Iran’s Call for Oil Embargo on Israel Roils Markets
▼ + stars: | 2023-10-18 | by ( Stanley Reed | More About Stanley Reed | ) www.nytimes.com time to read: 1 min

The prospect of an oil embargo arising from the conflict between Israel and militant groups contributed to a sharp but brief jolt in oil prices on Wednesday. Iran’s foreign minister, Hossein Amir-Abdollahian, called for Islamic countries to boycott Israel, including stopping oil shipments, according to Iranian media. He was speaking at a meeting of the Organization of Islamic Cooperation in Jeddah, Saudi Arabia. Although Israel imports nearly all its oil, analysts said that such an embargo would probably have little immediate impact, because the country does not buy oil from major Persian Gulf producers like Saudi Arabia and the United Arab Emirates or Iran. Instead, Kazakhstan, where oil is mostly produced by joint ventures involving Western companies including Chevron and Exxon Mobil, and Azerbaijan are among Israel’s biggest suppliers.

Persons: Hossein Amir Organizations: Israel, of Islamic Cooperation, United Arab, Chevron, Exxon Mobil Locations: Israel, Jeddah, Saudi Arabia, Gulf, United Arab Emirates, Iran, Kazakhstan, Azerbaijan, Nigeria

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