newszine

US sanctions don’t work, make human rights situation worse – UN sanctions rapporteur

1 hour ago DieselGasoil Comments Off on US sanctions don’t work, make human rights situation worse – UN sanctions rapporteur
From Venezuela to Iran, Liberia to Belarus, there’s barely a corner of the world not sanctioned by the US. But economic penalties don’t help regime change and unfairly impact civilians, the UN sanctions rapporteur told RT. When direct military action is out of the question, economic sanctions are often the US’ next weapon of choice. Read More

Russia wants to continue gas transit through Ukraine – energy ministry

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Moscow wants to sign a new gas transit deal with Ukraine after 2019, when the current contract with the country expires, Russia’s deputy energy minister has said. “We expect that, to some extent, we will be able to reach an agreement with Ukraine on the transit of gas… If this does not happen in May, Read More

Bayer boss calls Monsanto takeover ‘good idea’ despite mounting lawsuits

2 hours ago DieselGasoil Comments Off on Bayer boss calls Monsanto takeover ‘good idea’ despite mounting lawsuits
The CEO of German chemical giant Bayer, Werner Baumann, has defended the multibillion-dollar takeover of Monsanto despite the huge legal costs that are piling up over the firm’s Roundup weed killer. “The Monsanto acquisition was and is a good idea,” Baumann told Frankfurter Allgemeine when asked if he would change his mind about buying the Read More

Ivory Coast to conclude licensing of six oil blocks by midyear

3 hours ago DieselGasoil Comments Off on Ivory Coast to conclude licensing of six oil blocks by midyear
By Leanne de Bassompierre and Paul Burkhardt on 3/25/2019 ABIDJAN and JOHANNESBURG (Bloomberg) — Ivory Coast plans to conclude the licensing of six oil blocks by June as the country seeks to increase crude output amid rising interest from supermajors to explore in West Africa. The government is in talks with French and Italian majors Read More

Positive German data tempers equity selloff, safe havens in demand

4 hours ago DieselGasoil Comments Off on Positive German data tempers equity selloff, safe havens in demand
LONDON (Reuters) – World stocks hit a 12-day trough on Monday as fears for economic growth sent investors dashing for safe-haven assets, but the selloff lost some momentum after better-than-expected data from Germany. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 22, 2019. REUTERS/Staff The Ifo Read More

Russia’s 5th-generation fighter jet Su-57 offers huge export potential – trade minister

5 hours ago DieselGasoil Comments Off on Russia’s 5th-generation fighter jet Su-57 offers huge export potential – trade minister
Sukhoi’s newest supersonic stealth fighter jet, the Su-57, has outstanding characteristics and has great sales prospects abroad, according to the Russian Minister of Industry and Trade Denis Manturov. The minister stressed that Russia is ready to expand its cooperation with India, which is currently the country’s biggest partner in the sphere of aircraft construction. The Read More

Positive German data tempers equity selloff, lifts bond yields

6 hours ago DieselGasoil Comments Off on Positive German data tempers equity selloff, lifts bond yields
LONDON (Reuters) – World stocks hit a 12-day trough on Monday as fears for economic growth sent investors dashing for safe-haven assets, but the selloff lost some momentum after better-than-expected data from Germany. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 22, 2019. REUTERS/Staff The Ifo Read More

China building its first nuclear-powered icebreaker to enter the Arctic

7 hours ago DieselGasoil Comments Off on China building its first nuclear-powered icebreaker to enter the Arctic
Beijing is working to develop a 33,000-ton nuclear-powered icebreaker described in the tender documents as an “experimental platform.” It may pave the way for China’s production of a fleet of nuclear-fueled vessels. China General Nuclear Power Group (CGN) has invited bids for the contract to build a state-owned vessel, dubbed a “nuclear icebreaker,” according to Read More