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While tech companies saw growth in the pandemic years, consumer spending has begin to shift away, prompting many companies to slow down.\u0026nbsp;In fact, some organisations have gone so far as to begin laying off workers as the world claws its way back from the pandemic years. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Here is a list of some of the biggest layoffs in tech so far:\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTesla\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earlier this year, Elon Musk had announced that his electric car company would be cutting back 10% of its workforces over the next three months. While the cuts were supposed to be directed at salaried workers and more hourly workers were supposed to be hired, the company fired \u003ca href=\\\\\\\"https://opoyi.com/technology/tesla-fires-200-hourly-workers-689917/\\\\\\\"\u003e200 out of 350\u003c/a\u003e of its Autopilot feature workers and shut down its San Mateo plant in \u003ca href=\\\\\\\"https://opoyi.com/topics/california/\\\\\\\"\u003eCalifornia\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCoinbase\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cryptocurrency has tanked hard in the past few months, leaving many crypto companies in the lurch and unsure of where they're headed. In June, Coinbase fired 18% of its total workforce, the equivalent of 1,100 people of its employees in fear of a recession and the barren wasteland that crypto turned into.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTwitter\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Twitter itself has been suffering lowered revenue which it claims is because of the 'uncertainty' that had risen from the $44 billion deal with Musk. The microblogging site is now locked in legal battle with him and while the \u003ca href=\\\\\\\"https://opoyi.com/technology/elon-musk-twitter-lawsuit-chancery-judge-sets-trial-date-for-october-17-713294/\\\\\\\"\u003eOctober date for the court trial\u003c/a\u003e is coming up, the company laid off 30% of its talent acquisition team in July 2022, according to a Wall Street Journal report.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eShopify\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ecommerce platform Shopify hasn't fared as well as its larger competitor Amazon. Late in July 2022, the company's CEO Tobi\u0026nbsp;Lütke wrote in a blog on the website that the company would be cutting 10% of jobs, with most of the cuts happening in\u0026nbsp;recruiting, support, and sales.\u0026nbsp; According to the post, the company had focused on hiring on the assumption that ecommerce would sustain after the pandemic, which turned out to be bet that \\\\\\\"didn't pay off.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSoundCloud\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The music streaming and distribution company is going through a tough time. The company despite changing its partner payout programme and registering profits for the first time ever in 2020, is being forced to\u003ca href=\\\\\\\"https://opoyi.com/technology/soundcloud-lays-off-20-of-its-global-workforce-718633/\\\\\\\"\u003e cut 20% of the jobs\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTikTok\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite being the rising star in the social media space and making Mark Zuckerberg sweat as \u003ca href=\\\\\\\"https://opoyi.com/topics/facebook/\\\\\\\"\u003eFacebook\u003c/a\u003e registered the first ever decline in revenue in a quarter, the \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e app has not been immune to the turbulence in tech.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The company has been laying off workers in the US and has been prepping its workers in the \u003ca href=\\\\\\\"https://opoyi.com/topics/uk/\\\\\\\"\u003eUK\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e for the same, according to five sources that spoke to tech magazine Wired.\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Rwit ","photo":"","username":"RwitG","id":"qTgouOtFVuIH","role":null},"topics":[{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"California","slug":"california","id":"sen4MeHKiU4x","isSection":0},{"name":"MarkZuckerberg","slug":"markzuckerberg","id":"Ao2iyyeoJzDM","isSection":0},{"name":"Facebook","slug":"facebook","id":"HLE8qquNLINg","isSection":0},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"UK","slug":"uk","id":"rBpj9Yi57Sni","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Science","slug":"science","id":"6RhBHV5lGAXq","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Rwit ","id":"qTgouOtFVuIH","username":"RwitG","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-06T10:46:10+05:30","publisher":0,"sourceFeed":null,"cleanText":"Despite a surge in the number of jobs available in the US, companies have begun to slow down hiring as fears of an incoming recession abound. ,Silicon Valley in particular, has become more closed off than ever before with many companies announcing cuts to spending as well as putting a freeze on hiring. While tech companies saw growth in the pandemic years, consumer spending has begin to shift away, prompting many companies to slow down. In fact, some organisations have gone so far as to begin laying off workers as the world claws its way back from the pandemic years. ,Here is a list of some of the biggest layoffs in tech so far:,Tesla,Earlier this year, Elon Musk had announced that his electric car company would be cutting back 10% of its workforces over the next three months. While the cuts were supposed to be directed at salaried workers and more hourly workers were supposed to be hired, the company fired 200 out of 350 of its Autopilot feature workers and shut down its San Mateo plant in California. Coinbase,Cryptocurrency has tanked hard in the past few months, leaving many crypto companies in the lurch and unsure of where they're headed. In June, Coinbase fired 18% of its total workforce, the equivalent of 1,100 people of its employees in fear of a recession and the barren wasteland that crypto turned into. ,Twitter,Twitter itself has been suffering lowered revenue which it claims is because of the 'uncertainty' that had risen from the $44 billion deal with Musk. The microblogging site is now locked in legal battle with him and while the October date for the court trial is coming up, the company laid off 30% of its talent acquisition team in July 2022, according to a Wall Street Journal report. Shopify,Ecommerce platform Shopify hasn't fared as well as its larger competitor Amazon. Late in July 2022, the company's CEO Tobi Lütke wrote in a blog on the website that the company would be cutting 10% of jobs, with most of the cuts happening in recruiting, support, and sales. According to the post, the company had focused on hiring on the assumption that ecommerce would sustain after the pandemic, which turned out to be bet that didn't pay off. SoundCloud,The music streaming and distribution company is going through a tough time. The company despite changing its partner payout programme and registering profits for the first time ever in 2020, is being forced to cut 20% of the jobs. TikTok,Despite being the rising star in the social media space and making Mark Zuckerberg sweat as Facebook registered the first ever decline in revenue in a quarter, the Chinese app has not been immune to the turbulence in tech. ,The company has been laying off workers in the US and has been prepping its workers in the UK and EU for the same, according to five sources that spoke to tech magazine Wired.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Silicon Valley,Elon Musk,San Mateo,California,Wall Street Journal,Mark Zuckerberg,Facebook,Chinese,US,UK,EU","originalPublishedOn":"2022-08-06T10:46:10+05:30"}},{"node":{"id":"bC4iP416Pklp","slug":"english/eu-regulators-investigating-apple-and-googles-billing-systems","slugV2":"technology/eu-regulators-investigating-apple-and-googles-billing-systems-718563/","title":"EU regulators investigating Apple and Google's billing systems","postType":1,"coverMedia":"/opoyi_ucg18JBOGaQ.jpg","coverCaption":"Google and Apple are most likely to be hit hard by the EU's new regulation for Big Tech(Photo Credit: Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-05T11:02:18+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eGoogle and Apple charge fees that can cost collectively cost app developers billions of dollars\u003c/li\u003e\n \u003cli\u003eLast month the European Union passed two laws to rein in Big Tech\u003c/li\u003e\n \u003cli\u003eThe new laws are expected to hit Google and Apple the hardest for their anti-competitive behaviour\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659677537302,\\\"strCount\\\":2854,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European Union anti-trust investigators have been asking app developers whether \u003ca href=\\\\\\\"https://opoyi.com/topics/google/\\\\\\\"\u003eGoogle\u003c/a\u003e has threatened to remove their apps from the Google Play Store if they use payment portals other than the search engine's own billing system, according to Reuters who spoke to two individuals who were familiar with the investigation. App developers received questionnaires last month, according to the report.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The search-engine company had told developers that their apps would be taken down from the Google storefront starting in June this year if they failed to follow its billing system, according to the Reuters report.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Google and \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e have been charging excessive fees to app developers, according to critics of the companies. Collectively, the fees can sometimes cost upwards of $1 billion, a sign of the two companies' growing monopoly, which the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e has begun to take active measures against through two new laws.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 16-question document covered two separate time periods, from 2017-2021 and 2019-2021.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/fast-track-to-surveillance-european-regulators-to-google-690752/\\\\\\\"\u003eFast track to surveillance: European regulators to Google\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"One question asked of developers was whether they were being allowed by Google to use a different payment system, whether they were forced to pay a fee, or whether the internet behemoth complained to developers about their chosen portals.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the questionnaire, developers were asked if they were forced to adopt Google Billing and drop other payment portals.\u0026nbsp; If they had begun to use other billing systems, had developers switched to Stripe, Ayden or Braintree\u0026nbsp;— all payment systems which function as independent entities.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\" Additionally, they were asked if migrating to another billing system affected the number of pre-existing users and their access to data.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/what-are-the-digital-market-and-digital-services-acts-695001/\\\\\\\"\u003eWhat are the Digital Market and Digital Services Acts?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Amongst the questions asked by EU regulators in the questionnaire was if Google's change in policy had affected developers' ability to distribute their product on the Google Play Store and whether it impacted their ability to attract \u003ca href=\\\\\\\"https://opoyi.com/topics/android/\\\\\\\"\u003eAndroid\u003c/a\u003e users.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Last month, the EU passed \u003ca href=\\\\\\\"https://opoyi.com/technology/european-union-makes-historic-tech-ruling-enforcement-worries-remain-694845/\\\\\\\"\u003etwo pieces of legislation\u003c/a\u003e which advocates say could help rein in Big Tech. However, critics are saying that if adequate resources are not allocated to enforcement, then the laws themselves would be \\\\\\\"hamstrung\\\\\\\".\\\"}}]}","relatedPosts":null,"location":{"name":"Brussels, Belgium"},"createdBy":{"name":"Rwit ","photo":"","username":"RwitG","id":"qTgouOtFVuIH","role":null},"topics":[{"name":"Google","slug":"google","id":"Cqu95TUqjxLY","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Android","slug":"android","id":"7hpkOPaREJYH","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Rwit ","id":"qTgouOtFVuIH","username":"RwitG","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-05T11:02:16+05:30","publisher":0,"sourceFeed":null,"cleanText":"European Union anti-trust investigators have been asking app developers whether Google has threatened to remove their apps from the Google Play Store if they use payment portals other than the search engine's own billing system, according to Reuters who spoke to two individuals who were familiar with the investigation. App developers received questionnaires last month, according to the report. ,The search-engine company had told developers that their apps would be taken down from the Google storefront starting in June this year if they failed to follow its billing system, according to the Reuters report. Google and Apple have been charging excessive fees to app developers, according to critics of the companies. Collectively, the fees can sometimes cost upwards of $1 billion, a sign of the two companies' growing monopoly, which the EU has begun to take active measures against through two new laws. ,The 16-question document covered two separate time periods, from 2017-2021 and 2019-2021. Also Read: Fast track to surveillance: European regulators to Google,One question asked of developers was whether they were being allowed by Google to use a different payment system, whether they were forced to pay a fee, or whether the internet behemoth complained to developers about their chosen portals. ,In the questionnaire, developers were asked if they were forced to adopt Google Billing and drop other payment portals. If they had begun to use other billing systems, had developers switched to Stripe, Ayden or Braintree — all payment systems which function as independent entities. , Additionally, they were asked if migrating to another billing system affected the number of pre-existing users and their access to data. ,Also Read: What are the Digital Market and Digital Services Acts?,Amongst the questions asked by EU regulators in the questionnaire was if Google's change in policy had affected developers' ability to distribute their product on the Google Play Store and whether it impacted their ability to attract Android users. ,Last month, the EU passed two pieces of legislation which advocates say could help rein in Big Tech. However, critics are saying that if adequate resources are not allocated to enforcement, then the laws themselves would be hamstrung.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.8476","longitude":"4.3572","name":"Brussels, Belgium","city":"Brussels"},"keywords":"Google,EU,European Union,Apple,Google Billing,Stripe,Android","originalPublishedOn":"2022-08-05T11:02:16+05:30"}},{"node":{"id":"xHRKkftXOYbL","slug":"english/g7-reacts-to-chinas-military-activity-in-taiwan-strait-amid-nancy-pelosis-visit","slugV2":"world/g7-reacts-to-chinas-military-activity-in-taiwan-strait-amid-nancy-pelosis-visit-717347/","title":"G7 reacts to China's 'military activity' in Taiwan Strait amid Nancy Pelosi’s visit","postType":1,"coverMedia":"/opoyi_N6HnbiGRU.jpg","coverCaption":"Taiwan's military is dwarfed by China's People's Liberation Army. (Photo Credit: Representational/ Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-04T01:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBeijing has warned the US that it would \"pay the price for its own mistake\"\u0026nbsp;\u003c/li\u003e\n \u003cli\u003eChina said it will take necessary \"countermeasures\" over Pelosi's visit to Taiwan\u003c/li\u003e\n \u003cli\u003eThe G7 countries and the European Union (EU) reacted to China's provocative activities\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659554251022,\\\"strCount\\\":3478,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Enraged over \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e House Speaker Nancy Pelosi's visit to \u003ca href=\\\\\\\"https://opoyi.com/topics/taiwan/\\\\\\\"\u003eTaiwan\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e launched a massive drill and carried out \\\\\\\"aggressive military activity\\\\\\\" in the Taiwan Strait.\u0026nbsp;G7 countries and the European Union (EU) reacted to the move saying that there is “no justification” to use Pelosi’s visit for increasing tensions in the region.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The military exercise, which began Tuesday evening, is reportedly PLA's \\\\\\\"rehearsal to reunify the island by force.\\\\\\\" The G7\u0026nbsp;called Beijing’s actions destabilising, and reiterated that there had been no change in the “one-China policy” or “basic positions” on Taiwan of the \u003ca href=\\\\\\\"https://opoyi.com/topics/g7/\\\\\\\"\u003eG7\u003c/a\u003e members.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wednesday, the seven countries and \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e reaffirmed their commitment to “maintaining the rules-based international order, peace and stability across the Taiwan Strait and beyond.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/they-cannot-prevent-world-leaders-or-anyone-from-traveling-to-taiwan-declares-nancy-pelosi-717292/\\\\\\\"\u003e'They cannot prevent world leaders or anyone from traveling to Taiwan' declares Nancy Pelosi\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The G7 countries include the United States, United Kingdom, \u003ca href=\\\\\\\"https://opoyi.com/topics/canada/\\\\\\\"\u003eCanada\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/italy/\\\\\\\"\u003eItaly\u003c/a\u003e, France and Japan. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The statement was also signed by the high representative of EU.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Pelosi’s visit to Taiwan has sparked off a strong diplomatic and military response from China.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"G7 countries said they were “concerned” by recent and announced “threatening actions” by China, “particularly live-fire exercises and economic coercion, which risk unnecessary escalation.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“There is no justification to use a visit as pretext for aggressive military activity in the Taiwan Strait. It is normal and routine for legislators from our countries to travel internationally. The PRC’s escalatory response risks increasing tensions and destabilising the region,” the statement read.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile,\u0026nbsp;China also initiated full-fledged isolation tactics, including an attack on the economy,\u0026nbsp;against Taiwan.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Taiwan's big corporations claimed that there were sudden import bans as at least 2000 out of 3200 Taiwanese food product imports were suspended. The General Administration of Customs said in a statement that it was banning the \\\\\\\"import of citrus fruits, chilled white hairtail, and frozen horse mackerel,\\\\\\\" beginning Thursday.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The official reason for the bans is stated as concerns about pests and chemical residue. However, Taiwan\u0026nbsp;believes these sudden moves are politically motivated.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/taiwan-airspace-sees-entry-of-27-chinese-warplanes-details-717140/\\\\\\\"\u003eTaiwan airspace sees entry of 27 Chinese warplanes: Details\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"China has placed the blame for the escalation in military activity on Pelosi’s visit. Pelosi and the Biden administration has\u0026nbsp;reiterated that there had been no change in the respective “one China policy” of the G7 countries.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“We reiterate our shared and steadfast commitment to maintaining peace and stability across the Taiwan Strait and encourage all parties to remain calm, exercise restraint, act with transparency, and maintain open lines of communication to prevent misunderstanding,” the statement said.\\\"}}]}","relatedPosts":null,"location":{"name":"China"},"createdBy":{"name":"Suman V","photo":null,"username":"sumanv","id":"KhO1NvH3W2sk","role":null},"topics":[{"name":"Taiwan","slug":"taiwan","id":"AmHZqT1DMin1","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"G7","slug":"g7","id":"BJJJj6XjBP54","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"PLA","slug":"pla","id":"BVw1LmkwJFDl","isSection":0},{"name":"UnitedKingdom","slug":"unitedkingdom","id":"ZT6urOP4Pu5S","isSection":0},{"name":"Canada","slug":"canada","id":"Go7uHdKEBarl","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Italy","slug":"italy","id":"kgwtQnXQHqXE","isSection":0},{"name":"France","slug":"france","id":"aF0AipAbPtoh","isSection":0},{"name":"Japan","slug":"japan","id":"anJhzDRc6xxB","isSection":0},{"name":"Biden","slug":"biden","id":"w3aFjwvXbPeA","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Suman V","id":"KhO1NvH3W2sk","username":"sumanv","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-04T01:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Enraged over US House Speaker Nancy Pelosi's visit to Taiwan, China launched a massive drill and carried out aggressive military activity in the Taiwan Strait. G7 countries and the European Union (EU) reacted to the move saying that there is “no justification” to use Pelosi’s visit for increasing tensions in the region. The military exercise, which began Tuesday evening, is reportedly PLA's rehearsal to reunify the island by force. The G7 called Beijing’s actions destabilising, and reiterated that there had been no change in the “one-China policy” or “basic positions” on Taiwan of the G7 members. On Wednesday, the seven countries and EU reaffirmed their commitment to “maintaining the rules-based international order, peace and stability across the Taiwan Strait and beyond.”,Also Read | 'They cannot prevent world leaders or anyone from traveling to Taiwan' declares Nancy Pelosi,The G7 countries include the United States, United Kingdom, Canada, Germany, Italy, France and Japan. ,The statement was also signed by the high representative of EU. Pelosi’s visit to Taiwan has sparked off a strong diplomatic and military response from China. G7 countries said they were “concerned” by recent and announced “threatening actions” by China, “particularly live-fire exercises and economic coercion, which risk unnecessary escalation.”,“There is no justification to use a visit as pretext for aggressive military activity in the Taiwan Strait. It is normal and routine for legislators from our countries to travel internationally. The PRC’s escalatory response risks increasing tensions and destabilising the region,” the statement read. Meanwhile, China also initiated full-fledged isolation tactics, including an attack on the economy, against Taiwan. Taiwan's big corporations claimed that there were sudden import bans as at least 2000 out of 3200 Taiwanese food product imports were suspended. The General Administration of Customs said in a statement that it was banning the import of citrus fruits, chilled white hairtail, and frozen horse mackerel, beginning Thursday. ,The official reason for the bans is stated as concerns about pests and chemical residue. However, Taiwan believes these sudden moves are politically motivated. Also Read | Taiwan airspace sees entry of 27 Chinese warplanes: Details,China has placed the blame for the escalation in military activity on Pelosi’s visit. Pelosi and the Biden administration has reiterated that there had been no change in the respective “one China policy” of the G7 countries. “We reiterate our shared and steadfast commitment to maintaining peace and stability across the Taiwan Strait and encourage all parties to remain calm, exercise restraint, act with transparency, and maintain open lines of communication to prevent misunderstanding,” the statement said.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"35.8617","longitude":"104.1954","name":"China","city":"Lanzhou"},"keywords":"Taiwan,China,the Taiwan Strait,EU,G7,US,Nancy Pelosi's,the European Union,Pelosi,PLA,the United States,United Kingdom,Canada,Germany,Italy","originalPublishedOn":"2022-08-04T01:40:00+05:30"}},{"node":{"id":"GP55ytCQ27ot","slug":"english/mario-draghi-resigns-are-inflation-pandemic-recovery-program-behind-italy-pms-decision","slugV2":"world/mario-draghi-resigns-are-inflation-pandemic-recovery-program-behind-italy-pms-decision-706544/","title":"Mario Draghi resigns: Are Inflation, pandemic recovery program behind Italy PM's decision?","postType":1,"coverMedia":"/opoyi_0Ja2MJWaX.jpg","coverCaption":"Former Italian Prime Minister Mario Draghi. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-21T16:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThree of Draghi's biggest partners in his alliance boycotted a confidence vote on Thursday\u003c/li\u003e\n \u003cli\u003eFive-Star, one of Draghi's major coalian allies wanted him to focus on tackling rising economic problems\u0026nbsp;\u003c/li\u003e\n \u003cli\u003eItaly is currently dealing with vital reforms to clinch rest of EU's pandemic recovery funds\u0026nbsp;\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658401450131,\\\"strCount\\\":2769,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Italian political sphere was handed a shock on Thursday morning when Prime Minister \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-mario-draghi-701437/\\\\\\\"\u003eMario Draghi\u003c/a\u003e resigned following major coalition allies boycotting a confidence vote.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Italian PM tendered his resignation to President \u003ca href=\\\\\\\"https://opoyi.com/world/italy-pm-giuseppe-conte-resigns-confirms-president-sergio-mattarella-113080/\\\\\\\"\u003eSergio Mattarella\u003c/a\u003e in the morning, who in turn asked Draghi to remain at his post in an interim capacity. The Italian government, led by Mario Draghi, had urged the right, left and populists to unite in order to see the term out. Draghi had also appealed to the parties to support and corroborate the implementation of the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e funded pandemic recovery program.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/italy-pm-mario-draghi-resigns-706447/\\\\\\\"\u003eItaly PM Mario Draghi resigns\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Giuseppe Conte, a leader for Five-Star, had announced on Wednesday that they would not be supporting the motion of confidence, pointing that the government needs to focus on tackling rising social problems as the third biggest economy in the EU. \u003ca href=\\\\\\\"https://opoyi.com/topics/italy/\\\\\\\"\u003eItaly\u003c/a\u003e is currently witnessing inflation and a hike in energy prices, similar to that of many countries around the world.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“I have a strong fear that September will be a time when many families will face the terrible choice of paying their electricity bill or buying food,” Conte said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“We are absolutely willing to dialogue, to make our constructive contribution to the government, to Draghi, (but) we are not willing to write a blank cheque,” he added.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The country is also dealing with reforms, which are vital in order to clinch the rest of the EU's 200 billion euros of the \u003ca href=\\\\\\\"https://opoyi.com/world/five-things-to-know-about-the-eu-virus-recovery-plan-520754/\\\\\\\"\u003erecovery funds\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/emmanuel-macron-asks-france-to-brace-for-total-cutoff-of-russian-gas-701365/\\\\\\\"\u003eEmmanuel Macron asks France to brace for 'total cutoff of Russian gas'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/boom-or-bust-as-spain-italy-get-biggest-slice-of-eu-fund-332997/\\\\\\\"\u003eItaly\u003c/a\u003e has been facing a political as well as \u003ca href=\\\\\\\"https://opoyi.com/india/in-the-making-a-south-asian-economic-crisis-256606/\\\\\\\"\u003eeconomic crisis\u003c/a\u003e for several months now, however, the outgoing PM has worked to increase the financial situation of the country during this time. As markets witnessed an interest rate hike for the first time since 2011, Italian bonds and stocks were sold quickly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, opinion polls are predicting an almost equal percentage of support for centre left Democratic Party and right wing Brothers of Italy, both of whom have been in stark opposition to Draghi’s alliance and policies.\\\"}}]}","relatedPosts":null,"location":{"name":"Rome, Metropolitan City of Rome, Italy"},"createdBy":{"name":"Sourav Neogi","photo":null,"username":"sneogi","id":"CL2xuYaQgB9F","role":null},"topics":[{"name":"MarioDraghi","slug":"mariodraghi","id":"I0HyHl0Nu092","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Italy","slug":"italy","id":"kgwtQnXQHqXE","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"DemocraticParty","slug":"democraticparty","id":"o5cIzycfE1Px","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sourav Neogi","id":"CL2xuYaQgB9F","username":"sneogi","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-21T16:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The Italian political sphere was handed a shock on Thursday morning when Prime Minister Mario Draghi resigned following major coalition allies boycotting a confidence vote. The Italian PM tendered his resignation to President Sergio Mattarella in the morning, who in turn asked Draghi to remain at his post in an interim capacity. The Italian government, led by Mario Draghi, had urged the right, left and populists to unite in order to see the term out. Draghi had also appealed to the parties to support and corroborate the implementation of the EU funded pandemic recovery program. Also Read: Italy PM Mario Draghi resigns,Giuseppe Conte, a leader for Five-Star, had announced on Wednesday that they would not be supporting the motion of confidence, pointing that the government needs to focus on tackling rising social problems as the third biggest economy in the EU. Italy is currently witnessing inflation and a hike in energy prices, similar to that of many countries around the world. “I have a strong fear that September will be a time when many families will face the terrible choice of paying their electricity bill or buying food,” Conte said. “We are absolutely willing to dialogue, to make our constructive contribution to the government, to Draghi, (but) we are not willing to write a blank cheque,” he added. The country is also dealing with reforms, which are vital in order to clinch the rest of the EU's 200 billion euros of the recovery funds. Also Read: Emmanuel Macron asks France to brace for 'total cutoff of Russian gas',Italy has been facing a political as well as economic crisis for several months now, however, the outgoing PM has worked to increase the financial situation of the country during this time. As markets witnessed an interest rate hike for the first time since 2011, Italian bonds and stocks were sold quickly. Meanwhile, opinion polls are predicting an almost equal percentage of support for centre left Democratic Party and right wing Brothers of Italy, both of whom have been in stark opposition to Draghi’s alliance and policies.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"41.9028","longitude":"12.4964","name":"Rome, Metropolitan City of Rome, Italy","city":"Rome"},"keywords":"Mario Draghi resignation,Mario Draghi inflation","originalPublishedOn":"2022-07-21T16:40:00+05:30"}},{"node":{"id":"vn58IGIu5Xbg","slug":"english/european-unions-gas-supply-could-keep-dwindling-russias-vladimir-putin-warns","slugV2":"world/european-unions-gas-supply-could-keep-dwindling-russias-vladimir-putin-warns-705422/","title":"European Union's gas supply could keep dwindling, Russia's Vladimir Putin warns","postType":1,"coverMedia":"/opoyi_70DMmEzeu.jpg","coverCaption":"Russian President Vladimir Putin attends a joint news conference. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-20T07:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eEU fears Russia could cut off its gas supply\u003c/li\u003e\n \u003cli\u003eGas supply to Germany through the Nord Stream will be cut in half\u003c/li\u003e\n \u003cli\u003eRussia could launch the recently completed Nord Stream 2 pipeline, Putin said\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658279184471,\\\"strCount\\\":3572,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/vladimir-putin-reaches-tehran-hold-talks-with-iran-turkey-leaders-705213/\\\\\\\"\u003eRussian President Vladimir Putin\u003c/a\u003e said Tuesday it is the West's own fault that the flow of Russian natural gas to European customers has dwindled and warned that it could continue ebbing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Putin's statement further cranked up pressure on the European Union, which fears \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e could cut off gas to wreak economic and political havoc in \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e in the winter.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Speaking to Russian reporters in \u003ca href=\\\\\\\"https://opoyi.com/topics/tehran/\\\\\\\"\u003eTehran\u003c/a\u003e, where he attended the talks with the leaders of \u003ca href=\\\\\\\"https://opoyi.com/topics/iran/\\\\\\\"\u003eIran\u003c/a\u003e and Turkey, Putin said the amount of gas pumped through the Nord Stream pipeline to \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e will fall further from 60 million to 30 million cubic meters a day, or about one fifth of its capacity, if a turbine isn't quickly replaced.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/emmanuel-macron-asks-france-to-brace-for-total-cutoff-of-russian-gas-701365/\\\\\\\"\u003eEmmanuel Macron asks France to brace for 'total cutoff of Russian gas'\u003c/a\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He added that Russia could launch the recently completed \u003ca href=\\\\\\\"https://opoyi.com/world/what-is-the-nord-stream-2-pipeline-explained-527512/\\\\\\\"\u003eNord Stream 2 pipeline\u003c/a\u003e that has never entered service, but noted that it would only have half of its designated capacity because the rest has been used for domestic needs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russian leader also warned the West that its plan to cap the prices of Russian oil as part of its sanctions over \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e will destabilize the global oil market and make prices soar.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We are hearing some crazy ideas about restricting the volumes of Russian oil and capping the Russian oil price,\\\\\\\" he said. \\\\\\\"The result will be the same — a rise in prices. Prices will skyrocket.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Since \u003ca href=\\\\\\\"https://opoyi.com/world/3-killed-15-injured-in-russian-missile-strike-on-ukraines-dnipro-report-702522/\\\\\\\"\u003eRussian troops rolled into Ukraine\u003c/a\u003e in February, the EU has approved bans on \u003ca href=\\\\\\\"https://opoyi.com/world/will-europe-ban-oil-from-russia-for-war-on-ukraine-196126/\\\\\\\"\u003eRussian coal and most oil\u003c/a\u003e to take effect later this year but did not include natural gas because the 27-nation bloc depends on it to power factories, generate electricity and heat homes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russia-plans-on-expanding-gay-propaganda-law-everything-to-know-705200/\\\\\\\"\u003eRussia plans on expanding 'gay propaganda' law: Everything to know\u003c/a\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, Russia's \u003ca href=\\\\\\\"https://opoyi.com/usa/why-russias-gazprom-is-halting-gas-flows-to-polands-pgnig-207490/\\\\\\\"\u003eGazprom state-controlled natural gas giant\u003c/a\u003e reduced gas deliveries through the Nord Stream 1 pipeline to Germany by 60% last month, citing technical problems after a turbine that Siemens sent to \u003ca href=\\\\\\\"https://opoyi.com/topics/canada/\\\\\\\"\u003eCanada\u003c/a\u003e for overhaul couldn't be returned because of sanctions. Canada and Germany made a deal to return the turbine, but Putin said Tuesday that Gazprom still hasn't received the relevant documents.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russian leader said that Gazprom was to shut another turbine for repairs in late July, and if the one that was sent to Canada isn't returned by that time the flow of gas will ebb even more.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As another reason for the supply reduction, he pointed out that Ukraine closed a branch of a transit pipeline carrying Russian gas to the West through territory controlled by Moscow-based separatists.\\\"}}]}","relatedPosts":null,"location":{"name":"Moscow, Russia"},"createdBy":{"name":"Aman Butani","photo":"","username":"amanbutani1975","id":"wo3kJpOpSZW2","role":null},"topics":[{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"International","slug":"international","id":"NYS6J2BBfSdS","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"Putin","slug":"putin","id":"ovA5x3iHSAu3","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Canada","slug":"canada","id":"Go7uHdKEBarl","isSection":0},{"name":"Tehran","slug":"tehran","id":"ZUOJ590XecTL","isSection":0},{"name":"Iran","slug":"iran","id":"NxNYOgJ2rxAq","isSection":0},{"name":"Turkey","slug":"turkey","id":"A6z1VcgKDNsr","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-20T07:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Russian President Vladimir Putin said Tuesday it is the West's own fault that the flow of Russian natural gas to European customers has dwindled and warned that it could continue ebbing. Putin's statement further cranked up pressure on the European Union, which fears Russia could cut off gas to wreak economic and political havoc in Europe in the winter. Speaking to Russian reporters in Tehran, where he attended the talks with the leaders of Iran and Turkey, Putin said the amount of gas pumped through the Nord Stream pipeline to Germany will fall further from 60 million to 30 million cubic meters a day, or about one fifth of its capacity, if a turbine isn't quickly replaced. Also Read: Emmanuel Macron asks France to brace for 'total cutoff of Russian gas',He added that Russia could launch the recently completed Nord Stream 2 pipeline that has never entered service, but noted that it would only have half of its designated capacity because the rest has been used for domestic needs. The Russian leader also warned the West that its plan to cap the prices of Russian oil as part of its sanctions over Ukraine will destabilize the global oil market and make prices soar. We are hearing some crazy ideas about restricting the volumes of Russian oil and capping the Russian oil price, he said. The result will be the same — a rise in prices. Prices will skyrocket. Since Russian troops rolled into Ukraine in February, the EU has approved bans on Russian coal and most oil to take effect later this year but did not include natural gas because the 27-nation bloc depends on it to power factories, generate electricity and heat homes. Also Read: Russia plans on expanding 'gay propaganda' law: Everything to know,However, Russia's Gazprom state-controlled natural gas giant reduced gas deliveries through the Nord Stream 1 pipeline to Germany by 60% last month, citing technical problems after a turbine that Siemens sent to Canada for overhaul couldn't be returned because of sanctions. Canada and Germany made a deal to return the turbine, but Putin said Tuesday that Gazprom still hasn't received the relevant documents. The Russian leader said that Gazprom was to shut another turbine for repairs in late July, and if the one that was sent to Canada isn't returned by that time the flow of gas will ebb even more. As another reason for the supply reduction, he pointed out that Ukraine closed a branch of a transit pipeline carrying Russian gas to the West through territory controlled by Moscow-based separatists.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"55.7558","longitude":"37.6173","name":"Moscow, Russia","city":"Moscow"},"keywords":"Russian,Putin,Russia,Germany,Ukraine,Canada,Vladimir Putin,European,the European Union,Europe,Tehran,Iran,Turkey,Nord Stream,EU","originalPublishedOn":"2022-07-20T07:00:00+05:30"}},{"node":{"id":"Y4k429IJMT5x","slug":"english/who-is-penny-mordaunt","slugV2":"world/who-is-penny-mordaunt-702046/","title":"Who is Penny Mordaunt?","postType":1,"coverMedia":"/opoyi_nYWDcj09x.jpg","coverCaption":"Penny Mordaunt is a British politician and member of the Conservative Party. Photo credit: Twitter","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-15T18:00:25+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMordaunt announced her run in the leadership race to become the Conservative Party's leader\u003c/li\u003e\n \u003cli\u003eShe was elected to the House of Commons in May 2010\u003c/li\u003e\n \u003cli\u003eShe also supported Brexit in the 2016 referendum on EU membership\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657888224462,\\\"strCount\\\":3759,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Penny Mordaunt is a \u003ca href=\\\\\\\"https://opoyi.com/topics/british/\\\\\\\"\u003eBritish\u003c/a\u003e politician and member of the\u0026nbsp;Conservative \u003ca href=\\\\\\\"https://opoyi.com/topics/party/\\\\\\\"\u003eParty\u003c/a\u003e,\u0026nbsp;serving as Minister of \u003ca href=\\\\\\\"https://opoyi.com/topics/state/\\\\\\\"\u003eState\u003c/a\u003e for Trade Policy since 2021. She has been\u0026nbsp;the Member of \u003ca href=\\\\\\\"https://opoyi.com/topics/parliament/\\\\\\\"\u003eParliament\u003c/a\u003e (MP) representing Portsmouth North since 2010.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following Johnson's resignation this month, Mordaunt announced she was running in the leadership race to become the next leader of the Conservative Party, which could, in turn, make her the next prime minister.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Born on March 4, 1973, in Torquay, Devon, to\u0026nbsp;a former paratrooper,\u0026nbsp;Mordaunt previously served in Theresa May's Cabinet as Secretary of State for International Development from 2017 to 2019 and Secretary of State for Defence from May to July 2019.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/list-of-all-uk-conservative-members-in-the-race-to-succeed-boris-johnson-698971/\\\\\\\"\u003eList of all UK Conservative members in the race to succeed Boris Johnson\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In an interview, Mordaunt said that she was named after the Arethusa-class cruiser HMS Penelope. Her father, John Mordaunt, born at Hilsea Barracks, served in the Parachute Regiment before retraining as a teacher. Her mother, Jennifer (née Snowden), was a special needs teacher at several Purbrook schools.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Mordaunt was educated at Oaklands Roman Catholic Comprehensive School in Waterlooville, Hampshire and studied drama at the Victoryland Theatre School. She read philosophy at the University of Reading, before working in the public relations industry. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She held roles within the Conservative Party under party leaders John Major and William Hague, and also worked for George W. Bush's presidential campaigns in 2000 and 2004.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/five-issues-that-led-to-the-resignation-of-uk-prime-minister-boris-johnson\\\\\\\"\u003eFive issues that led to the resignation of UK Prime Minister Boris Johnson\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Mordaunt was elected to the House of Commons in May 2010. She served as Parliamentary Under-Secretary of State for Decentralisation from 2014 to 2015 under the coalition government of David Cameron. She was later promoted by Cameron to Minister of State for the Armed Forces, the first woman to hold the post. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Mordaunt supported \u003ca href=\\\\\\\"https://opoyi.com/topics/brexit/\\\\\\\"\u003eBrexit\u003c/a\u003e in the 2016 referendum on \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e membership. After Theresa May was appointed Prime Minister, Mordaunt took the role of Minister of State for Disabled People, Work and Health. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In 2017, following the resignation of Priti Patel, she was appointed Secretary of State for International Development. She also served as Minister for Women and Equalities from 2018 to 2019. In May 2019, Mordaunt was appointed Secretary of State for Defence, replacing Gavin Williamson, becoming the first woman to hold the post.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/from-brexit-deal-to-partygate-a-timeline-of-british-pm-boris-johnsons-career-695829/\\\\\\\"\u003eFrom Brexit deal to Partygate, a timeline of British PM Boris Johnson's career\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She has also spent 85 days as\u0026nbsp;Defence Secretary before being removed from the position by new Prime Minister Boris \u003ca href=\\\\\\\"https://opoyi.com/topics/johnson/\\\\\\\"\u003eJohnson\u003c/a\u003e. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She re-entered government as Paymaster General in the February 2020 reshuffle. The 2021 reshuffle got her appointed as Minister of State for Trade Policy. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"John Lamont, who is coordinating Mordaunt's campaign in \u003ca href=\\\\\\\"https://opoyi.com/topics/scotland/\\\\\\\"\u003eScotland\u003c/a\u003e, called her an \\\\\\\"electoral asset\\\\\\\" and compared her to Cameron, saying he had also not been well known by the public before becoming party leader.\\\"}}]}","relatedPosts":null,"location":{"name":"United Kingdom"},"createdBy":{"name":"Suman V","photo":null,"username":"sumanv","id":"KhO1NvH3W2sk","role":null},"topics":[{"name":"UKPM","slug":"ukpm","id":"Dnn67Z3r5YVx","isSection":0},{"name":"British","slug":"british","id":"K4VzcWCbTUbp","isSection":0},{"name":"Party","slug":"party","id":"Krszglio23zJ","isSection":0},{"name":"Parliament","slug":"parliament","id":"f1AaZo7fTdEO","isSection":0},{"name":"Johnson","slug":"johnson","id":"HyeDGi0A2Pas","isSection":0},{"name":"state","slug":"state","id":"v4tdW52xHIeb","isSection":0},{"name":"Brexit","slug":"brexit","id":"iPoj1PlyiZFG","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"PritiPatel","slug":"pritipatel","id":"wQV65ZiG6gJo","isSection":0},{"name":"BorisJohnson","slug":"borisjohnson","id":"WjDr7Jisvlg3","isSection":0},{"name":"Scotland","slug":"scotland","id":"PcUVsdE5XAqN","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Suman V","id":"KhO1NvH3W2sk","username":"sumanv","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-15T18:00:24+05:30","publisher":0,"sourceFeed":null,"cleanText":"Penny Mordaunt is a British politician and member of the Conservative Party, serving as Minister of State for Trade Policy since 2021. She has been the Member of Parliament (MP) representing Portsmouth North since 2010. Following Johnson's resignation this month, Mordaunt announced she was running in the leadership race to become the next leader of the Conservative Party, which could, in turn, make her the next prime minister. Born on March 4, 1973, in Torquay, Devon, to a former paratrooper, Mordaunt previously served in Theresa May's Cabinet as Secretary of State for International Development from 2017 to 2019 and Secretary of State for Defence from May to July 2019. ,Also Read | List of all UK Conservative members in the race to succeed Boris Johnson,In an interview, Mordaunt said that she was named after the Arethusa-class cruiser HMS Penelope. Her father, John Mordaunt, born at Hilsea Barracks, served in the Parachute Regiment before retraining as a teacher. Her mother, Jennifer (née Snowden), was a special needs teacher at several Purbrook schools. Mordaunt was educated at Oaklands Roman Catholic Comprehensive School in Waterlooville, Hampshire and studied drama at the Victoryland Theatre School. She read philosophy at the University of Reading, before working in the public relations industry. ,She held roles within the Conservative Party under party leaders John Major and William Hague, and also worked for George W. Bush's presidential campaigns in 2000 and 2004. Also Read | Five issues that led to the resignation of UK Prime Minister Boris Johnson,Mordaunt was elected to the House of Commons in May 2010. She served as Parliamentary Under-Secretary of State for Decentralisation from 2014 to 2015 under the coalition government of David Cameron. She was later promoted by Cameron to Minister of State for the Armed Forces, the first woman to hold the post. ,Mordaunt supported Brexit in the 2016 referendum on EU membership. After Theresa May was appointed Prime Minister, Mordaunt took the role of Minister of State for Disabled People, Work and Health. ,In 2017, following the resignation of Priti Patel, she was appointed Secretary of State for International Development. She also served as Minister for Women and Equalities from 2018 to 2019. In May 2019, Mordaunt was appointed Secretary of State for Defence, replacing Gavin Williamson, becoming the first woman to hold the post. Also Read | From Brexit deal to Partygate, a timeline of British PM Boris Johnson's career,She has also spent 85 days as Defence Secretary before being removed from the position by new Prime Minister Boris Johnson. ,She re-entered government as Paymaster General in the February 2020 reshuffle. The 2021 reshuffle got her appointed as Minister of State for Trade Policy. ,John Lamont, who is coordinating Mordaunt's campaign in Scotland, called her an electoral asset and compared her to Cameron, saying he had also not been well known by the public before becoming party leader.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"55.3781","longitude":"-3.436","name":"United Kingdom","city":"Dumfries"},"keywords":"Mordaunt,State for Trade Policy,the Conservative Party,State for International Development,Penny Mordaunt,British,Party,Parliament,Portsmouth North,Johnson,Torquay,State,HMS Penelope,John Mordaunt,Hilsea Barracks","originalPublishedOn":"2022-07-15T18:00:24+05:30"}},{"node":{"id":"WacveRwRjJOv","slug":"english/emmanuel-macron-asks-france-to-brace-for-total-cutoff-of-russian-gas","slugV2":"world/emmanuel-macron-asks-france-to-brace-for-total-cutoff-of-russian-gas-701365/","title":"Emmanuel Macron asks France to brace for 'total cutoff of Russian gas'","postType":1,"coverMedia":"/opoyi_QM9Eo2HpE6H.jpg","coverCaption":"French President Emmanuel Macron (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-15T02:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMacron warned the French people to brace for a total cutoff of Russian natural gas\u003c/li\u003e\n \u003cli\u003e'Russia is using energy, like it is using food, as a weapon of war,' Macron stated\u003c/li\u003e\n \u003cli\u003eHe added that France will keep looking to diversify gas sources\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657826980287,\\\"strCount\\\":3036,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"French President \u003ca href=\\\\\\\"https://opoyi.com/world/a-look-at-emmanuel-macrons-5-year-presidential-reign-272335/\\\\\\\"\u003eEmmanuel Macron\u003c/a\u003e warned his country's people Thursday to prepare for a total cutoff of \u003ca href=\\\\\\\"https://opoyi.com/world/what-it-means-to-pay-for-natural-gas-using-rubles-explained-279875/\\\\\\\"\u003eRussian natural gas\u003c/a\u003e by supporting alternatives, having public lights switched off at night and engaging in a period of nationwide energy “sobriety.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/north-korea-recognises-independence-of-separatist-regions-in-ukraine-700823/\\\\\\\"\u003eNorth Korea recognises independence of separatist regions in Ukraine\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russian invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/world/us-reveals-details-of-sanctions-on-russia-as-fear-of-war-grips-ukraine-283899/\\\\\\\"\u003eensuing sanctions\u003c/a\u003e have aggravated other factors driving up prices for energy and others goods. With no end in sight for the Ukraine war, Macron said, the French should brace themselves for costs to remain high.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“This war will continue,\\\\\\\" he said in a televised interview marking France's national holiday, \u003ca href=\\\\\\\"https://opoyi.com/lifestyle/france-bastille-day-2022-why-is-it-observed-and-what-you-need-to-know-700882/\\\\\\\"\u003eBastille Day\u003c/a\u003e. “The summer, early autumn will be very hard.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Russia is using energy, like it is using food, as a weapon of war,” Macron said. “We should prepare ourselves for the scenario where we have to go without all \u003ca href=\\\\\\\"https://opoyi.com/usa/europe-balks-at-strict-russian-gas-sanctions-432605/\\\\\\\"\u003eRussian gas\u003c/a\u003e.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ukraines-volodymyr-zelensky-holds-russia-responsible-for-ongoing-sri-lanka-crisis-700806/\\\\\\\"\u003eUkraine's Volodymyr Zelensky holds Russia 'responsible' for ongoing Sri Lanka crisis\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He said the government would prepare a “sobriety plan” to conserve energy, which would start with turning off public lights at night when they aren’t useful.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/france/\\\\\\\"\u003eFrance\u003c/a\u003e will keep looking to diversify gas sources, he said, calling for a faster shift toward offshore windfarms and more European cross-border energy cooperation to weather the current crisis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Macron's political opponents on the far right and far left have blamed \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e sanctions for reducing the purchasing power of French consumers while failing to persuade Russian President Vladimir Putin to pull troops out of Ukraine. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"France's president gave no indication during the interview of policy shift toward Ukraine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity-699396/\\\\\\\"\u003eFor the first time in 20 years, the US dollar and the euro are at parity\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“What do you want us to do?” he asked. “We want to stop this war without getting involved in this war. At the same time, we want to do everything so that \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e doesn’t win, so that Ukraine can defend its territory. We don’t want a world war.”\\\"}}]}","relatedPosts":null,"location":{"name":"Paris, France"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"EmmanuelMacron","slug":"emmanuelmacron","id":"awTDrSE0bcZF","isSection":0},{"name":"France","slug":"france","id":"aF0AipAbPtoh","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Energy","slug":"energy","id":"FszysfApiYQF","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-15T02:20:00+05:30","publisher":0,"sourceFeed":"d6378cdc00d96b","cleanText":"French President Emmanuel Macron warned his country's people Thursday to prepare for a total cutoff of Russian natural gas by supporting alternatives, having public lights switched off at night and engaging in a period of nationwide energy “sobriety.”,Also read: North Korea recognises independence of separatist regions in Ukraine,The Russian invasion of Ukraine and ensuing sanctions have aggravated other factors driving up prices for energy and others goods. With no end in sight for the Ukraine war, Macron said, the French should brace themselves for costs to remain high. “This war will continue, he said in a televised interview marking France's national holiday, Bastille Day. “The summer, early autumn will be very hard.”,Russia is using energy, like it is using food, as a weapon of war,” Macron said. “We should prepare ourselves for the scenario where we have to go without all Russian gas.”,Also read: Ukraine's Volodymyr Zelensky holds Russia 'responsible' for ongoing Sri Lanka crisis,He said the government would prepare a “sobriety plan” to conserve energy, which would start with turning off public lights at night when they aren’t useful. France will keep looking to diversify gas sources, he said, calling for a faster shift toward offshore windfarms and more European cross-border energy cooperation to weather the current crisis. Macron's political opponents on the far right and far left have blamed EU sanctions for reducing the purchasing power of French consumers while failing to persuade Russian President Vladimir Putin to pull troops out of Ukraine. ,France's president gave no indication during the interview of policy shift toward Ukraine. Also read: For the first time in 20 years, the US dollar and the euro are at parity,“What do you want us to do?” he asked. “We want to stop this war without getting involved in this war. At the same time, we want to do everything so that Russia doesn’t win, so that Ukraine can defend its territory. We don’t want a world war.”","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"48.8566","longitude":"2.3522","name":"Paris, France","city":"Paris"},"keywords":"Russian,Ukraine,French,France,Russia,Emmanuel Macron,Macron,European,EU,Vladimir Putin","originalPublishedOn":"2022-07-15T02:20:00+05:30"}},{"node":{"id":"15t1qaSgdSgx","slug":"english/tiktok-privacy-changes-flagged-over-targeted-advertising-concerns","slugV2":"technology/tiktok-privacy-changes-flagged-over-targeted-advertising-concerns-699881/","title":"TikTok privacy changes flagged over targeted advertising concerns","postType":1,"coverMedia":"/opoyi_kPpgst-6S.jpg","coverCaption":"TikTok has gained widespread since its launch in 2018. (Picture credits: Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-13T05:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eItalian regulators flagged the changes to the Data Protection Commission\u003c/li\u003e\n \u003cli\u003eTikTok says that their targeted advertising helps build a better experience for its users\u003c/li\u003e\n \u003cli\u003eThe company already has two inquires open against it\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657667920894,\\\"strCount\\\":2586,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"TikTok may well be the first company forced to adhere to the European Union’s new regulations around targeting advertising, after the \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e company suspended changes to its privacy policy on targeted advertising so \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e regulators could check if they break data protection rules.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The issue was first flagged by Italian regulators, who found that the social media app was going to make use of targeted advertising on the platform without taking consent to use the data stored on a consumer’s device.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/what-are-the-digital-market-and-digital-services-acts-695001/\\\\\\\"\u003eWhat are the Digital Market and Digital Services Acts?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Italian regulators passed on the information to the Data Protection Commission (DPC), Ireland’s regulator who have become notorious for going after big tech companies to ensure they meet the standards set by the EU.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to a statement released by the DPC, TikTok paused the implementation of the planned changes so that the DPC could look for issues. The privacy changes have also been forwarded to other data regulators in the EU.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/european-union-makes-historic-tech-ruling-enforcement-worries-remain-694845/\\\\\\\"\u003eEuropean Union makes historic tech ruling, enforcement worries remain\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While TikTok has agreed to pause the changes for now, the company says that targeted advertising is “in line with industry practices” and that it provides the “best in-app experience for our community.” The company reiterated that it would engage with stakeholders and address the concerns brought up by regulators.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"TikTok, which is owned by the Chinese tech company Bytedance, has seen rapid growth in the last few years as users, particularly those from younger generations, have taken to the app. Various internet personalities have moved to the platform which has also given birth to a brand new set of internet-famous individuals. However, the company has courted controversy in the past, especially in India where it was removed by the government for allegedly “spying” on its users.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"With the new Data Services Act, companies that are found to be in breach of the rules can be fined up to 6% of their global turnover. Currently, they can be fined up to 4% of the same. Currently, the DPC has two other open inquiries into TikTok from last year related to the transfer and processing of children’s personal information to \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e. \\\"}}]}","relatedPosts":null,"location":{"name":"Dublin, Ireland"},"createdBy":{"name":"Rwit ","photo":"","username":"RwitG","id":"qTgouOtFVuIH","role":null},"topics":[{"name":"TikTok","slug":"tiktok","id":"TZ7CeSD69w3b","isSection":0},{"name":"TechNews","slug":"technews","id":"JM7PS4yEsSVK","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"Ireland","slug":"ireland","id":"Jy2fq5WBmk4C","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Rwit ","id":"qTgouOtFVuIH","username":"RwitG","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-13T05:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"TikTok may well be the first company forced to adhere to the European Union’s new regulations around targeting advertising, after the Chinese company suspended changes to its privacy policy on targeted advertising so EU regulators could check if they break data protection rules. The issue was first flagged by Italian regulators, who found that the social media app was going to make use of targeted advertising on the platform without taking consent to use the data stored on a consumer’s device. Also Read: What are the Digital Market and Digital Services Acts?,Italian regulators passed on the information to the Data Protection Commission (DPC), Ireland’s regulator who have become notorious for going after big tech companies to ensure they meet the standards set by the EU. ,According to a statement released by the DPC, TikTok paused the implementation of the planned changes so that the DPC could look for issues. The privacy changes have also been forwarded to other data regulators in the EU. ,Also Read: European Union makes historic tech ruling, enforcement worries remain,While TikTok has agreed to pause the changes for now, the company says that targeted advertising is “in line with industry practices” and that it provides the “best in-app experience for our community.” The company reiterated that it would engage with stakeholders and address the concerns brought up by regulators. ,TikTok, which is owned by the Chinese tech company Bytedance, has seen rapid growth in the last few years as users, particularly those from younger generations, have taken to the app. Various internet personalities have moved to the platform which has also given birth to a brand new set of internet-famous individuals. However, the company has courted controversy in the past, especially in India where it was removed by the government for allegedly “spying” on its users. ,With the new Data Services Act, companies that are found to be in breach of the rules can be fined up to 6% of their global turnover. Currently, they can be fined up to 4% of the same. Currently, the DPC has two other open inquiries into TikTok from last year related to the transfer and processing of children’s personal information to China.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"53.3498","longitude":"-6.2603","name":"Dublin, Ireland","city":"Dublin"},"keywords":"EU,Italian,the European Union,Chinese,the Data Protection Commission,Ireland,India,Data Services Act,China","originalPublishedOn":"2022-07-13T05:20:00+05:30"}},{"node":{"id":"rqDZwXCAdVgV","slug":"english/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity","slugV2":"business/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity-699396/","title":"For the first time in 20 years, the US dollar and the euro are at parity","postType":1,"coverMedia":"/opoyi_evHzdd5dQ.jpg","coverCaption":"The euro is down around 12% since the start of the year amid fears of recession (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-12T17:43:14+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe euro touched $1 on Tuesday\u003c/li\u003e\n \u003cli\u003eThe unusual event is a boon for US tourists in the Europe\u003c/li\u003e\n \u003cli\u003eECB said that it will raise interest rates this month for the first time since 2011\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657627990185,\\\"strCount\\\":4302,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The exchange rate between the euro (EUR) and the \u003ca href=\\\\\\\"https://opoyi.com/business/asian-stocks-trade-at-two-year-low-euro-approaches-parity-with-dollar-699111/\\\\\\\"\u003eUS\u003c/a\u003e dollar has reached parity for the first time in 20 years, meaning the two currencies are worth the same. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The euro touched $1 on Tuesday, down around 12% since the start of the year amid \u003ca href=\\\\\\\"https://opoyi.com/business/indian-rupee-hits-all-time-low-on-stronger-dollar-recession-worries-698468/\\\\\\\"\u003efears of recession\u003c/a\u003e on the continent abound, worsened by high inflation and energy supply disruptions caused by the \u003ca href=\\\\\\\"https://opoyi.com/topics/ukrainewar/\\\\\\\"\u003eRussia-Ukraine war\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The unusual event is a boon for US tourists in Europe, but not so positive for European visitors in the US.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/joe-bidens-trip-to-the-middle-east-6-things-to-look-out-for-699272/\\\\\\\"\u003eJoe Biden's trip to the Middle East: 6 things to look out for\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The European Union, which received nearly 40% of its gas through Russian pipelines before the war, is trying to reduce its dependence on Russian oil and gas. At the same time, \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e has reduced gas supplies to some \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e nations and recently cut the flow in the Nord Stream by 60%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For the last 10 days, this critical piece of gas import infrastructure in Europe has been shut down for scheduled maintenance. German officials are concerned that it may not be turned on again.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The energy crisis comes amid an economic slowdown, which has raised doubts that whether the European Central Bank (ECB) can adequately tighten policy to control\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003einflation\u003c/a\u003e. The \u003ca href=\\\\\\\"https://opoyi.com/topics/ecb/\\\\\\\"\u003eECB\u003c/a\u003e said that it will raise interest rates this month for the first time since 2011, as the \u003ca href=\\\\\\\"https://opoyi.com/world/uk-inflation-rate-hits-new-40-year-high-all-you-need-to-know-684400/\\\\\\\"\u003eeurozone inflation\u003c/a\u003e rate surged to 8.6%. Last week, \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e reported its first trade deficit in goods since 1991 as the oil prices and supply chain disruptions significantly increased the prices of imports.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Given the nature of Germany's exports which are commodity-price sensitive, it remains hard to imagine that the trade balance could improve significantly from here in the next few months given the expected slowdown in the eurozone economy,\\\\\\\" Saxo Bank foreign exchange strategists said in a recent note.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/eighth-january-6-committee-hearing-may-be-rescheduled-report-699156/\\\\\\\"\u003eEighth January 6 committee hearing may be rescheduled: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to some analysts, a series of aggressive interest rate hikes by central banks, along with slowing economic growth will put pressure on the euro while investors will shift to the US dollar as a safe heaven.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The US Federal Reserve is well ahead of Europe on tightening monetary policy, having \u003ca href=\\\\\\\"https://opoyi.com/usa/federal-reserve-hikes-rate-75bps-highest-since-1994-679791/\\\\\\\"\u003eincreased interest rates\u003c/a\u003e by 75 percentage points. It also hinted toward further increases this month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-denies-elon-musk-claims-of-deal-obligation-breaches-699075/\\\\\\\"\u003eTwitter denies Elon Musk claims of deal obligation breaches\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Deutsche Global Head of FX Research George Saravelos warned that this safe heaven retreat into the US dollar could become even more extreme if the US and Europe enter a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A situation where the euro is trading below the US dollar at a range of $0.95 to $0.97 could \\\\\\\"well be reached if both Europe and the US find themselves slip-sliding into a (deeper) recession in Q3 while the Fed is still hiking rates,\\\\\\\" wrote Saravelos in a note last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While that's good news for Americans planning to visit Europe this summer, it could be bad news for global economic stability. \\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Dollar","slug":"dollar","id":"d4dMgJojAZpc","isSection":0},{"name":"Euro","slug":"euro","id":"LinqUJWd4u6B","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"Forex","slug":"forex","id":"RljaSYLZDBMy","isSection":0},{"name":"Currency","slug":"currency","id":"7xmHuXmTpwKw","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"ECB","slug":"ecb","id":"ohb9b9WqgCnA","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-12T17:00:35+05:30","publisher":0,"sourceFeed":null,"cleanText":"The exchange rate between the euro (EUR) and the US dollar has reached parity for the first time in 20 years, meaning the two currencies are worth the same. ,The euro touched $1 on Tuesday, down around 12% since the start of the year amid fears of recession on the continent abound, worsened by high inflation and energy supply disruptions caused by the Russia-Ukraine war. The unusual event is a boon for US tourists in Europe, but not so positive for European visitors in the US. Also Read | Joe Biden's trip to the Middle East: 6 things to look out for,The European Union, which received nearly 40% of its gas through Russian pipelines before the war, is trying to reduce its dependence on Russian oil and gas. At the same time, Russia has reduced gas supplies to some EU nations and recently cut the flow in the Nord Stream by 60%. For the last 10 days, this critical piece of gas import infrastructure in Europe has been shut down for scheduled maintenance. German officials are concerned that it may not be turned on again. Also Read | Explained: Why has RBI allowed international trade settlement in Rupee,The energy crisis comes amid an economic slowdown, which has raised doubts that whether the European Central Bank (ECB) can adequately tighten policy to control inflation. The ECB said that it will raise interest rates this month for the first time since 2011, as the eurozone inflation rate surged to 8.6%. Last week, Germany reported its first trade deficit in goods since 1991 as the oil prices and supply chain disruptions significantly increased the prices of imports. Given the nature of Germany's exports which are commodity-price sensitive, it remains hard to imagine that the trade balance could improve significantly from here in the next few months given the expected slowdown in the eurozone economy, Saxo Bank foreign exchange strategists said in a recent note. Also Read | Eighth January 6 committee hearing may be rescheduled: Report,According to some analysts, a series of aggressive interest rate hikes by central banks, along with slowing economic growth will put pressure on the euro while investors will shift to the US dollar as a safe heaven. The US Federal Reserve is well ahead of Europe on tightening monetary policy, having increased interest rates by 75 percentage points. It also hinted toward further increases this month. Also Read | Twitter denies Elon Musk claims of deal obligation breaches,Deutsche Global Head of FX Research George Saravelos warned that this safe heaven retreat into the US dollar could become even more extreme if the US and Europe enter a recession. A situation where the euro is trading below the US dollar at a range of $0.95 to $0.97 could well be reached if both Europe and the US find themselves slip-sliding into a (deeper) recession in Q3 while the Fed is still hiking rates, wrote Saravelos in a note last week. Also Read | How to survive a market crash,While that's good news for Americans planning to visit Europe this summer, it could be bad news for global economic stability.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Russia,US,Russian,Europe,European,The European Union,US dollar, Euro, Dollar Euro at parity, parity,Germany,EU,the Nord Stream,the European Central Bank,ECB,Saxo Bank,The US Federal Reserve,George Saravelos,Fed,Eurozone inflation, inflation, Russia Ukainr","originalPublishedOn":"2022-07-12T17:00:35+05:30"}},{"node":{"id":"O8EbN2IyeGPK","slug":"english/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee","slugV2":"business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/","title":"Explained: Why has RBI allowed international trade settlement in Rupee","postType":1,"coverMedia":"/opoyi_3OqdQbnMN.jpg","coverCaption":"All exports and imports under this arrangement may be denominated and invoiced in INR. (Photo credit: Representational/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-12T12:42:22+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe action by the central bank follows increased pressure on the Indian rupee\u003c/li\u003e\n \u003cli\u003eThe RBI expects this new system to boost global trade growth, with a focus on Indian exports\u003c/li\u003e\n \u003cli\u003eIndian exporters and importers can trade with Russia, Iran and Sri Lanka through this mechanism\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657609940932,\\\"strCount\\\":4742,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/rbi/\\\\\\\"\u003eReserve Bank of India (RBI)\u003c/a\u003e has developed a system to settle international trade in rupees \\\\\\\"in order to stimulate the expansion of global trade with a focus on \u003ca href=\\\\\\\"https://opoyi.com/topics/indian/\\\\\\\"\u003eIndian\u003c/a\u003e exports and to support the growing interest of the global trading community in the rupee.\\\\\\\"\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The action by the central bank follows increased pressure on the Indian rupee as a result of Russia's invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e and sanctions imposed by the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e and the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehtas-wife-jyoti-presents-his-side-of-story-on-new-website-says-family-victim-of-tax-terrorism-695709/\\\\\\\"\u003eHarshad Mehta's wife Jyoti brings Big Bull's side of story to light\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/rbi/\\\\\\\"\u003eRBI\u003c/a\u003e mechanism is designed to help importers and exporters sidestep laws that prohibit the use of a global currency, such as the US dollar, in trade with certain countries. Several countries slapped sanctions on \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e when it attacked Ukraine. The new system may be used by Indian companies searching for alternate ways of payment for imports.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The RBI expects this new system to boost global trade growth, with a focus on Indian exports, and to \\\\\\\"support the growing interest of the global trading community in INR.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"All exports and imports under this arrangement may be denominated and invoiced in INR, according to the broad framework for cross-border trade transactions in INR under the Foreign Exchange Management Act, 1999 (FEMA), and the exchange rate between the currencies of the two trading nations may be market-determined.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Furthermore, a bank authorised to deal in foreign exchange in India can open Special Rupee Vostro Accounts of correspondent banks of the partner trading countries for the settlement of trade transactions with any country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"To enable international trade transactions to be settled through this structure; Indian importers can pay in INR, which will be credited into the Special Vostro account of the partner country's correspondent bank, against receipts for the supply of items or services from the offshore seller/supplier.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Indian exporters who use this method to export products and services will be paid INR from the balances in the specified Special Vostro account of the partner country's correspondent bank.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the RBI, Indian exporters may get advance payments in Indian rupees from international buyers using the Rupee Payment Mechanism. The issuance of bank guarantees for trade transactions conducted under this arrangement is permissible, subject to conformity to \u003ca href=\\\\\\\"https://opoyi.com/topics/fema/\\\\\\\"\u003eFEMA\u003c/a\u003e regulations and the Master Direction on Guarantees and Co-acceptances.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The balance in Special Vostro Accounts, according to the RBI, can be utilised for a variety of purposes, including project and investment payments, export/import advance flow management, investment in Government Treasury Bills, Government securities, and so on.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Indian exporters and importers may utilise this rupee payment mechanism for trade with nations like Russia, \u003ca href=\\\\\\\"https://opoyi.com/topics/iran/\\\\\\\"\u003eIran\u003c/a\u003e, and Sri Lanka, according to forex dealers.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-india-can-fight-ransomware-attacks-260225/\\\\\\\"\u003eHow India can fight ransomware attacks\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The trade deficit between India's exports and imports reached new highs in May and June. This increases the current account deficit, which some analysts predict will nearly double to more than 3% of GDP in FY23. The rupee is at an all-time low against the US dollar. According to economists, the RBI's action may not boost the external account immediately, but it may reduce demand for dollars in the medium run.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"RBI","slug":"rbi","id":"mmhRjdCmZCj0","isSection":0},{"name":"Forex","slug":"forex","id":"RljaSYLZDBMy","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ReserveBankOfIndia","slug":"reservebankofindia","id":"961q4n2jRxlD","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Export","slug":"export","id":"llhmvr2Rwsly","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"indian","slug":"indian","id":"YTJpdaKq5t2z","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"FEMA","slug":"fema","id":"nffSkRR0bF7z","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Iran","slug":"iran","id":"NxNYOgJ2rxAq","isSection":0},{"name":"SriLanka","slug":"srilanka","id":"mjdE0zWttiL5","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-12T12:42:21+05:30","publisher":0,"sourceFeed":null,"cleanText":"The Reserve Bank of India (RBI) has developed a system to settle international trade in rupees in order to stimulate the expansion of global trade with a focus on Indian exports and to support the growing interest of the global trading community in the rupee. ,The action by the central bank follows increased pressure on the Indian rupee as a result of Russia's invasion of Ukraine and sanctions imposed by the US and the EU. Also Read| Harshad Mehta's wife Jyoti brings Big Bull's side of story to light,The RBI mechanism is designed to help importers and exporters sidestep laws that prohibit the use of a global currency, such as the US dollar, in trade with certain countries. Several countries slapped sanctions on Russia when it attacked Ukraine. The new system may be used by Indian companies searching for alternate ways of payment for imports. The RBI expects this new system to boost global trade growth, with a focus on Indian exports, and to support the growing interest of the global trading community in INR. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,All exports and imports under this arrangement may be denominated and invoiced in INR, according to the broad framework for cross-border trade transactions in INR under the Foreign Exchange Management Act, 1999 (FEMA), and the exchange rate between the currencies of the two trading nations may be market-determined. Also Read| Impact of US Feds' biggest rate hike since 1994 on India,Furthermore, a bank authorised to deal in foreign exchange in India can open Special Rupee Vostro Accounts of correspondent banks of the partner trading countries for the settlement of trade transactions with any country. Also Read| How to survive a market crash,To enable international trade transactions to be settled through this structure; Indian importers can pay in INR, which will be credited into the Special Vostro account of the partner country's correspondent bank, against receipts for the supply of items or services from the offshore seller/supplier. Indian exporters who use this method to export products and services will be paid INR from the balances in the specified Special Vostro account of the partner country's correspondent bank. Also Read| Great Depression to COVID: Top 5 market crashes in American history,According to the RBI, Indian exporters may get advance payments in Indian rupees from international buyers using the Rupee Payment Mechanism. The issuance of bank guarantees for trade transactions conducted under this arrangement is permissible, subject to conformity to FEMA regulations and the Master Direction on Guarantees and Co-acceptances. The balance in Special Vostro Accounts, according to the RBI, can be utilised for a variety of purposes, including project and investment payments, export/import advance flow management, investment in Government Treasury Bills, Government securities, and so on. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Indian exporters and importers may utilise this rupee payment mechanism for trade with nations like Russia, Iran, and Sri Lanka, according to forex dealers. Also Read| How India can fight ransomware attacks,The trade deficit between India's exports and imports reached new highs in May and June. This increases the current account deficit, which some analysts predict will nearly double to more than 3% of GDP in FY23. The rupee is at an all-time low against the US dollar. According to economists, the RBI's action may not boost the external account immediately, but it may reduce demand for dollars in the medium run.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Indian,INR,Russia,RBI,Ukraine,US,FEMA,India,The Reserve Bank of India,EU,the Foreign Exchange Management Act,the Rupee Payment Mechanism,the Master Direction on Guarantees,Special Vostro Accounts,Government Treasury Bills","originalPublishedOn":"2022-07-12T12:42:21+05:30"}},{"node":{"id":"3nZ71V9dfbtb","slug":"english/list-of-all-uk-conservative-members-in-the-race-to-succeed-boris-johnson","slugV2":"world/list-of-all-uk-conservative-members-in-the-race-to-succeed-boris-johnson-698971/","title":"List of all UK Conservative members in the race to succeed Boris Johnson","postType":1,"coverMedia":"/opoyi_-WTZHAg__.jpg","coverCaption":"UK Prime Minister Boris Johnson arrives with his dog Dilyn to vote at a polling station in London, for local council elections, Thursday, May 5, 2022. (AP Photo)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-12T00:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBoris Johnson, the Prime Minister of the United Kingdom, resigned last week\u003c/li\u003e\n \u003cli\u003eThe Conservative leadership contest looks to be wide open\u003c/li\u003e\n \u003cli\u003eHere's a list of the runners in the race so far\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657566301298,\\\"strCount\\\":7225,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/house-of-commons-tells-johnson-bye-boris-after-pmq-watch-695179/\\\\\\\"\u003eBoris Johnson\u003c/a\u003e, the Prime Minister of the United Kingdom, resigned last week after several defections pushed the \u003ca href=\\\\\\\"https://opoyi.com/world/porn-in-parliament-british-conservative-party-mp-suspended-450489/\\\\\\\"\u003eConservative Party\u003c/a\u003e-led administration into a grave political crisis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Conservative leadership contest looks to be wide open, with contenders from practically every ideological side of the party vying for the position. There will be a variety of viewpoints for MPs and activists to consider, including one nation Tories and fiscal conservatives, Brexiters and remainers.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/five-issues-that-led-to-the-resignation-of-uk-prime-minister-boris-johnson\\\\\\\"\u003eFive issues that led to the resignation of UK Prime Minister Boris Johnson\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Here's a breakdown of the runners, as well as what we know about their political and social views.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eRishi Sunak\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/who-is-rishi-sunak-430404/\\\\\\\"\u003eSunak\u003c/a\u003e's tax and spending policies are quite dry: like Philip Hammond and George Osborne before him, he has championed the need of keeping the public finances under control, even if it means hiking taxes in the midst of an economic crisis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He is socially liberal, yet he has joined his campaign team with anti-woke fighter Oliver Dowden, and he supports US-style entrepreneurialism.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eLiz Truss\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/who-is-liz-truss-318533/\\\\\\\"\u003eTruss\u003c/a\u003e campaigned for a stay in 2016 but has since eagerly turned Brexiter, taking a strong position on the Northern Ireland protocol in recent months.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She, like many of the other candidates, is anticipated to advocate for lower taxation. She has also long been a supporter of a rightwing interpretation of individual liberty, praising a generation of \\\\\\\"Uber-riding, Airbnb-ing, Deliveroo-eating freedom fighters.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/from-brexit-deal-to-partygate-a-timeline-of-british-pm-boris-johnsons-career-695829/\\\\\\\"\u003eFrom Brexit deal to Partygate, a timeline of British PM Boris Johnson's career\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSajid Javid\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"After retiring as chancellor in 2020, \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-sajid-javid-694564/\\\\\\\"\u003eJavid\u003c/a\u003e painted himself as a low-tax Conservative, but as health minister, he campaigned hard for higher health and social care expenditure, and he signed up to a plan to raise national insurance payments to fund it.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He also addressed health disparities in his prior role, and he has previously emphasised the necessity of higher education colleges, having attended one himself.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eNadhim Zahawi\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Perhaps unsurprisingly for an independently wealthy former businessman - the second richest MP in parliament after Sunak - the incoming chancellor has already stated that corporate taxes should be reduced.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He also hinted that more tax cuts were on the way, but Johnson's caretaker cabinet has subsequently committed to postpone key fiscal measures until a new leader is in place.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/boris-johnson-resignation-whats-next-for-uk-economy-696000/\\\\\\\"\u003eBoris Johnson resignation: What's next for UK economy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTom Tugendhat\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Damian Green, the chair of the Conservative MPs' One Nation caucus, has backed the former soldier, giving him an advantage over Jeremy Hunt among softer Conservatives.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Tugendhat announced his candidacy in the Daily Telegraph, promising to \\\\\\\"bridge the \u003ca href=\\\\\\\"https://opoyi.com/topics/brexit/\\\\\\\"\u003eBrexit\u003c/a\u003e divide,\\\\\\\" but he also asked for an urgent repeal of the recent national insurance rise, which Labour also opposed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eJeremy Hunt\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Throughout the Covid crisis, Hunt served as chair of the health and social care committee, focusing on health policy and patient safety, topics on which he just published a book.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, when he sought leadership in 2019, his policy platform included raising the barrier for national insurance - a tax decrease for low to middle-income taxpayers - and increasing defence spending to 2.5 percent of GDP, which Boris Johnson previously endorsed. He was also less adamant about Brexit, speaking out against the no-deal scenario.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/what-happens-after-a-british-prime-minister-resigns-from-the-post-696036/\\\\\\\"\u003eWhat happens after a British Prime Minister resigns from the post?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003ePenny Mordaunt\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Mordaunt, a staunch Brexit supporter, outraged remainers during the 2016 referendum debate by falsely asserting that the \u003ca href=\\\\\\\"https://opoyi.com/topics/uk/\\\\\\\"\u003eUK\u003c/a\u003e would not have a veto over Turkey's accession to the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On economic issues, she leans to the Tory left, supporting food banks (dubbed \\\\\\\"pantries\\\\\\\") in her Portsmouth North constituency and pressuring the government for further action on the cost of living crisis. She is also a strong supporter of LGBT rights.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSuella Braverman\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The attorney general began her leadership campaign by promising to \\\\\\\"get rid of all this woke rubbish,\\\\\\\" and she has previously stated that the UK has a \\\\\\\"rights culture\\\\\\\" that has \\\\\\\"spun out of control.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She is a die-hard Brexiter who recently garnered praise from the party's rightwing for giving the legal nod to the Northern Ireland protocol bill, despite the fact that many experts believe it violates international law.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/as-boris-johnson-resigns-ukraine-thanks-former-british-pm-for-all-his-support-696118/\\\\\\\"\u003eAs Boris Johnson resigns, Ukraine thanks former British PM for all his support\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eKemi Badenoch\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The former equalities minister, known for her eagerness to embrace controversy on culture war themes, stated that she was running because she wanted to \\\\\\\"tell the truth.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The MP for Saffron Walden slammed \\\\\\\"identity politics,\\\\\\\" writing in the Times that Johnson was \\\\\\\"a symptom of the problems we face, not the cause of them.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She went on to say that she supported lower taxes \\\\\\\"to boost growth and productivity, and accompanied by a tight spending discipline.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eGrant Shapps\u0026nbsp;\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The transport secretary, one of the top cabinet ministers who did not resign last week, put his hat into the ring for leader on Saturday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In an apparent dig at his colleagues, he told the publication that he had \\\\\\\"not spent the last few turbulent years plotting or briefing against the prime minister\\\\\\\" or quietly organising a leadership campaign.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shapps said an emergency budget would be produced, instructing his chancellor to reduce personal tax for the most disadvantaged and provide state assistance to enterprises with high levels of energy usage, and ruled out a general election.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-united-kingdoms-special-relationship-will-remain-joe-biden-after-boris-johnsons-resignation-696438/\\\\\\\"\u003eUS, UK's 'special relationship' will remain: Biden after Johnson's resignation\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eRehman Chishti\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Chishti, a former lawyer, is the least well-known candidate.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He was born in \u003ca href=\\\\\\\"https://opoyi.com/topics/pakistan/\\\\\\\"\u003ePakistan\u003c/a\u003e and has an interesting political history, having previously run for the opposition Labour Party in the 2005 general election. The Conservatives recruited the 43-year-old in 2007.\\\"}}]}","relatedPosts":null,"location":{"name":"London, UK"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"BorisJohnson","slug":"borisjohnson","id":"WjDr7Jisvlg3","isSection":0},{"name":"UnitedKingdom","slug":"unitedkingdom","id":"ZT6urOP4Pu5S","isSection":0},{"name":"UKPM","slug":"ukpm","id":"Dnn67Z3r5YVx","isSection":0},{"name":"Brexit","slug":"brexit","id":"iPoj1PlyiZFG","isSection":0},{"name":"NorthernIreland","slug":"northernireland","id":"qQ1AnprbYuwS","isSection":0},{"name":"UK","slug":"uk","id":"rBpj9Yi57Sni","isSection":0},{"name":"Turkey","slug":"turkey","id":"A6z1VcgKDNsr","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Pakistan","slug":"pakistan","id":"wizuXkuQ3rL8","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-12T00:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Boris Johnson, the Prime Minister of the United Kingdom, resigned last week after several defections pushed the Conservative Party-led administration into a grave political crisis. The Conservative leadership contest looks to be wide open, with contenders from practically every ideological side of the party vying for the position. There will be a variety of viewpoints for MPs and activists to consider, including one nation Tories and fiscal conservatives, Brexiters and remainers. Also read: Five issues that led to the resignation of UK Prime Minister Boris Johnson,Here's a breakdown of the runners, as well as what we know about their political and social views. Rishi Sunak,Sunak's tax and spending policies are quite dry: like Philip Hammond and George Osborne before him, he has championed the need of keeping the public finances under control, even if it means hiking taxes in the midst of an economic crisis. He is socially liberal, yet he has joined his campaign team with anti-woke fighter Oliver Dowden, and he supports US-style entrepreneurialism. Liz Truss,Truss campaigned for a stay in 2016 but has since eagerly turned Brexiter, taking a strong position on the Northern Ireland protocol in recent months. She, like many of the other candidates, is anticipated to advocate for lower taxation. She has also long been a supporter of a rightwing interpretation of individual liberty, praising a generation of Uber-riding, Airbnb-ing, Deliveroo-eating freedom fighters. Also read: From Brexit deal to Partygate, a timeline of British PM Boris Johnson's career,Sajid Javid,After retiring as chancellor in 2020, Javid painted himself as a low-tax Conservative, but as health minister, he campaigned hard for higher health and social care expenditure, and he signed up to a plan to raise national insurance payments to fund it. He also addressed health disparities in his prior role, and he has previously emphasised the necessity of higher education colleges, having attended one himself. Nadhim Zahawi,Perhaps unsurprisingly for an independently wealthy former businessman - the second richest MP in parliament after Sunak - the incoming chancellor has already stated that corporate taxes should be reduced. He also hinted that more tax cuts were on the way, but Johnson's caretaker cabinet has subsequently committed to postpone key fiscal measures until a new leader is in place. Also read: Boris Johnson resignation: What's next for UK economy,Tom Tugendhat,Damian Green, the chair of the Conservative MPs' One Nation caucus, has backed the former soldier, giving him an advantage over Jeremy Hunt among softer Conservatives. Tugendhat announced his candidacy in the Daily Telegraph, promising to bridge the Brexit divide, but he also asked for an urgent repeal of the recent national insurance rise, which Labour also opposed. Jeremy Hunt,Throughout the Covid crisis, Hunt served as chair of the health and social care committee, focusing on health policy and patient safety, topics on which he just published a book. However, when he sought leadership in 2019, his policy platform included raising the barrier for national insurance - a tax decrease for low to middle-income taxpayers - and increasing defence spending to 2.5 percent of GDP, which Boris Johnson previously endorsed. He was also less adamant about Brexit, speaking out against the no-deal scenario. Also read: What happens after a British Prime Minister resigns from the post?,Penny Mordaunt,Mordaunt, a staunch Brexit supporter, outraged remainers during the 2016 referendum debate by falsely asserting that the UK would not have a veto over Turkey's accession to the EU. On economic issues, she leans to the Tory left, supporting food banks (dubbed pantries) in her Portsmouth North constituency and pressuring the government for further action on the cost of living crisis. She is also a strong supporter of LGBT rights. Suella Braverman,The attorney general began her leadership campaign by promising to get rid of all this woke rubbish, and she has previously stated that the UK has a rights culture that has spun out of control. She is a die-hard Brexiter who recently garnered praise from the party's rightwing for giving the legal nod to the Northern Ireland protocol bill, despite the fact that many experts believe it violates international law. Also read: As Boris Johnson resigns, Ukraine thanks former British PM for all his support,Kemi Badenoch,The former equalities minister, known for her eagerness to embrace controversy on culture war themes, stated that she was running because she wanted to tell the truth. The MP for Saffron Walden slammed identity politics, writing in the Times that Johnson was a symptom of the problems we face, not the cause of them. She went on to say that she supported lower taxes to boost growth and productivity, and accompanied by a tight spending discipline. Grant Shapps ,The transport secretary, one of the top cabinet ministers who did not resign last week, put his hat into the ring for leader on Saturday. In an apparent dig at his colleagues, he told the publication that he had not spent the last few turbulent years plotting or briefing against the prime minister or quietly organising a leadership campaign. Shapps said an emergency budget would be produced, instructing his chancellor to reduce personal tax for the most disadvantaged and provide state assistance to enterprises with high levels of energy usage, and ruled out a general election. Also read: US, UK's 'special relationship' will remain: Biden after Johnson's resignation,Rehman Chishti,Chishti, a former lawyer, is the least well-known candidate. He was born in Pakistan and has an interesting political history, having previously run for the opposition Labour Party in the 2005 general election. The Conservatives recruited the 43-year-old in 2007.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"51.5072","longitude":"-0.1276","name":"London, UK","city":"City of Westminster"},"keywords":"Boris Johnson,Northern Ireland,Johnson,Jeremy Hunt,Brexit,UK,the United Kingdom,Conservative Party,Rishi,Philip Hammond,George Osborne,Oliver Dowden,Liz Truss Truss,Javid,Nadhim Zahawi","originalPublishedOn":"2022-07-12T00:40:00+05:30"}},{"node":{"id":"eHcXRazyMng1","slug":"english/britannia-biocon-marico-and-other-stocks-that-moved-most-on-july-6","slugV2":"business/britannia-biocon-marico-and-other-stocks-that-moved-most-on-july-695106/","title":"Britannia, Biocon, Marico and other stocks that moved most on July 6","postType":1,"coverMedia":"/opoyi_ZTZ588g-2.jpg","coverCaption":"Nifty surged 178.95 points or 1.13% to 15,989.80 (Photo Credit: Representative Image/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T17:51:26+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBritannia Industries surged 4.69% to close at Rs 3,828\u003c/li\u003e\n \u003cli\u003eBiocon stock added 2.30% to close at Rs 320.75\u003c/li\u003e\n \u003cli\u003eBajaj Finance rose 4.75% to settle at Rs 5,930.00\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657110086906,\\\"strCount\\\":3951,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-crude-price-rupee-movement-to-weigh-on-sensex-nifty-693063/\\\\\\\"\u003eBSE Sensex\u003c/a\u003e climbed 616.62 points or 1.16% to settle at 53,750.97, During the day, it jumped 684.96 points or 1.28% to 53,819.31. The NSE Nifty surged 178.95 points or 1.13% to 15,989.80.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The broader indices ended in green with the BSE Mid cap index up by 1.76%, while the Small cap index was up by 0.94%. On the sectoral front, Auto was up by 2.73%, Consumer Disc was up by 2.47%, \u003ca href=\\\\\\\"https://opoyi.com/topics/fmcg/\\\\\\\"\u003eFMCG\u003c/a\u003e was up by 2.45%, Consumer Durables was up by 2.42% and Realty was up by 2.39%, while Energy was down by 0.27% and Metal down by 0.25% were the only losing indices on BSE.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/what-are-the-digital-market-and-digital-services-acts-695001/\\\\\\\"\u003eWhat are the Digital Market and Digital Services Acts?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eHere are the key stocks that moved the most on July 6:\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBritannia Industries:\u003c/b\u003e The stock surged 4.69% to close at Rs 3,828 after the company’s shareholders voted against a resolution to authorize the board to make investments, give loans and provide guarantees of up to Rs 5,000 crore in the AGM concluded last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/closing-bell-sensex-jumps-616-points-nifty-closes-at-15989-695043\\\\\\\"\u003eClosing Bell: Sensex jumps 616 points, Nifty closes at 15,989\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBiocon:\u003c/b\u003e The stock added 2.30% to close at Rs 320.75 after\\\\nBiocon’s subsidiary Biocon Biologics received \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e GMP certificate from the\\\\nHealth Products Regulatory Authority (HPRA), \u003ca href=\\\\\\\"https://opoyi.com/topics/ireland/\\\\\\\"\u003eIreland\u003c/a\u003e, for its new monoclonal\\\\nantibodies (mAbs) drug substance manufacturing facility (B3) at Biocon Park,\\\\nBengaluru.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow To Survive A Market Crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBajaj Finance:\u003c/b\u003e The share\\\\nprice rose 4.75% to settle at Rs 5,930.00 after the company reported better\\\\nnumbers for the quarter ended June 2022. Bajaj Finance has recorded highest\\\\never quarterly increase in its consumer franchise of 2.7 million in the first\\\\nquarter of fiscal 2023 and new loans booked during the period were 7.4 million\\\\nas compared to 4.6 million a year back, the company said in a press release.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAurobindo Pharma:\u003c/b\u003e The share price jumped 1.71% to settle at Rs 542,50 after the company received the US FDA approval for Triamcinolone Acetonide injectable suspension.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/gold-silver-and-other-metal-prices-on-wednesday-july-6-2022-694876/\\\\\\\"\u003eGold, silver and other metal prices on Wednesday, July 6, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eMarico: \u003c/b\u003eThe stock gained 1.68% to close at Rs 500.50 after the company said that tepid demand and rising retail inflation impacted its India business. India business volumes declined in mid-single digits, Marico said in its quarterly business update.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/european-union-makes-historic-tech-ruling-enforcement-worries-remain-694845/\\\\\\\"\u003eEuropean Union makes historic tech ruling, enforcement worries remain\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eGodrej Consumer Products: \u003c/b\u003eShares of the FMCG company jumped 6.13% to close at Rs 883.30 after Godrej Consumer Products said its India business will report double-digit growth in sales in the quarter ended June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/ed-summons-coindcx-coinswitch-kuber-to-probe-fema-violations-report-694815/\\\\\\\"\u003eED summons CoinDCX, Coinswitch Kuber to probe FEMA violations: report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eUjjivan Small Finance Bank Ltd:\u003c/b\u003e The stock climbed 4.50% to close at Rs 15.25 after managing director and chief executive officer (CEO) Ittira Davis reiterated that the firm’s assets under management would grow 30% this year.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Sensex","slug":"sensex","id":"MhfKMlGWFTBF","isSection":0},{"name":"Nifty","slug":"nifty","id":"2JvkXElbbqnQ","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"BSE","slug":"bse","id":"2seBd7Lyb8z6","isSection":0},{"name":"NSE","slug":"nse","id":"74WQDLQfPQDQ","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Ireland","slug":"ireland","id":"Jy2fq5WBmk4C","isSection":0},{"name":"FMCG","slug":"fmcg","id":"A5VBmkBOX43n","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-06T17:48:04+05:30","publisher":0,"sourceFeed":null,"cleanText":"The BSE Sensex climbed 616.62 points or 1.16% to settle at 53,750.97, During the day, it jumped 684.96 points or 1.28% to 53,819.31. The NSE Nifty surged 178.95 points or 1.13% to 15,989.80. The broader indices ended in green with the BSE Mid cap index up by 1.76%, while the Small cap index was up by 0.94%. On the sectoral front, Auto was up by 2.73%, Consumer Disc was up by 2.47%, FMCG was up by 2.45%, Consumer Durables was up by 2.42% and Realty was up by 2.39%, while Energy was down by 0.27% and Metal down by 0.25% were the only losing indices on BSE. Also Read | What are the Digital Market and Digital Services Acts?,Here are the key stocks that moved the most on July 6:,Britannia Industries: The stock surged 4.69% to close at Rs 3,828 after the company’s shareholders voted against a resolution to authorize the board to make investments, give loans and provide guarantees of up to Rs 5,000 crore in the AGM concluded last week. Also Read | Closing Bell: Sensex jumps 616 points, Nifty closes at 15,989,Biocon: The stock added 2.30% to close at Rs 320.75 after Biocon’s subsidiary Biocon Biologics received EU GMP certificate from the Health Products Regulatory Authority (HPRA), Ireland, for its new monoclonal antibodies (mAbs) drug substance manufacturing facility (B3) at Biocon Park, Bengaluru. Also Read | How To Survive A Market Crash,Bajaj Finance: The share price rose 4.75% to settle at Rs 5,930.00 after the company reported better numbers for the quarter ended June 2022. Bajaj Finance has recorded highest ever quarterly increase in its consumer franchise of 2.7 million in the first quarter of fiscal 2023 and new loans booked during the period were 7.4 million as compared to 4.6 million a year back, the company said in a press release. Also Read | Great Depression to COVID: Top 5 market crashes in American history,Aurobindo Pharma: The share price jumped 1.71% to settle at Rs 542,50 after the company received the US FDA approval for Triamcinolone Acetonide injectable suspension. Also Read | Gold, silver and other metal prices on Wednesday, July 6, 2022,Marico: The stock gained 1.68% to close at Rs 500.50 after the company said that tepid demand and rising retail inflation impacted its India business. India business volumes declined in mid-single digits, Marico said in its quarterly business update. Also Read | European Union makes historic tech ruling, enforcement worries remain,Godrej Consumer Products: Shares of the FMCG company jumped 6.13% to close at Rs 883.30 after Godrej Consumer Products said its India business will report double-digit growth in sales in the quarter ended June. Also Read | ED summons CoinDCX, Coinswitch Kuber to probe FEMA violations: report,Ujjivan Small Finance Bank Ltd: The stock climbed 4.50% to close at Rs 15.25 after managing director and chief executive officer (CEO) Ittira Davis reiterated that the firm’s assets under management would grow 30% this year.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Biocon,Biocon Biologics,the Health Products Regulatory Authority,Biocon Park,Bajaj Finance,the US FDA,Triamcinolone Acetonide,Marcio,FMCG,Godrej Consumer Products,Ujjivan Small Finance Bank Ltd,Stock market, share market, sensex, nifty, NSE, BSE, Business","originalPublishedOn":"2022-07-06T17:48:04+05:30"}},{"node":{"id":"NYP4dRbbr4ls","slug":"english/what-are-the-digital-market-and-digital-services-acts","slugV2":"technology/what-are-the-digital-market-and-digital-services-acts-695001/","title":"What are the Digital Market and Digital Services Acts?","postType":1,"coverMedia":"/opoyi_KOF-Nyk0Fj3G.jpg","coverCaption":"The European Parliament. (Photo credit: Representative image/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T17:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe two laws were first agreed on in March and April this year\u003c/li\u003e\n \u003cli\u003eThey target large technology companies\u003c/li\u003e\n \u003cli\u003eThe fines for not abiding by the two laws are a percentage of a company's worldwide turnover\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657102962463,\\\"strCount\\\":3643,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While the Digital Markets Act and the Digital Services Acts were agreed upon on March 25, 2022 and April 23, 2022 respectively, the laws were only passed on July 5, 2022.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big \u003ca href=\\\\\\\"https://opoyi.com/topics/tech/\\\\\\\"\u003eTech\u003c/a\u003e companies are going to have to re-examine the way they do business in the European Union, as lawmakers of the organisation have established new rules that will change the way tech businesses will operate.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/european-union-makes-historic-tech-ruling-enforcement-worries-remain-694845/\\\\\\\"\u003eEuropean Union makes historic tech ruling, enforcement worries remain\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat is the Digital Markets Act?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Simply put, the DMA focuses on regulating the markets within the tech industry. The Act has basis in Article 101 and 102 of the Treaty on the Functioning of the European Union. Article 101 has to do with anticompetitive agreements and any market behaviour that can negatively affect trading between member nations and can affect competition in the market.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The DMA will primarily affect the big names from Silicon Valley, i.e., companies like Amazon, Google, \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e. The new law classifies these companies as ‘Gatekeepers’ thanks to their size, user base, market reach and capitalisation. Gatekeepers, according to \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e lawmakers, provide “core-platform services” making them the most likely to be engaging in unfair business practices.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In order to combat this, EU lawmakers have decided that platforms like \u003ca href=\\\\\\\"https://opoyi.com/topics/whatsapp/\\\\\\\"\u003eWhatsApp\u003c/a\u003e, Messenger and iMessage must make their platforms accessible to smaller businesses providing similar services. This kind of interoperability would allow users on both small and large platforms to freely exchange information, videos, images, promoting a healthier market.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Not only that, but business users would be able to also use these platforms to promote their products and services and instead of using one particular platform to make a sale, they will be able to make deals with customers off a platform. The ramifications for businesses who fail to comply will be fined 10% of their worldwide turnover. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat is the Digital Services Act?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/dsa/\\\\\\\"\u003eDSA\u003c/a\u003e is a smaller but nonetheless crucial piece of legislation from the EU. The law is aimed at creating a “safer digital space where the fundamental rights of users are protected and to establish a level playing field for businesses,” according to the European Commission’s website.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Digital Services Act is a citizen-oriented law, which seeks to better protect the rights of consumers, provide them with more choices, and reduce their exposure to illegal content. In addition, the law seeks to protect the rights of children, and in a bid to do so, lawmakers have made the use of targeted advertising towards them illegal. It also prevents targeted advertising on the basis of religion, gender, political opinions and race.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The law also makes the use of dark patterns illegal, a data acquisition tactic which leads people to give up their personal data to tech companies. The fine for flaunting these rules can lead to businesses being fined 6% of their annual turnover.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The DMA will begin to apply six months after it is formally adopted and companies will be given the same amount of time to comply with the regulations. The DSA on the other hand will become enforceable 15 months after it is adopted or from January 1, 2024.\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Rwit ","photo":"","username":"RwitG","id":"qTgouOtFVuIH","role":null},"topics":[{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Tech","slug":"tech","id":"ESpdxhwLPCkI","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"WhatsApp","slug":"whatsapp","id":"rVzmT0Ri9oXR","isSection":0},{"name":"DSA","slug":"dsa","id":"GRxBNzjfi7Ef","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Rwit ","id":"qTgouOtFVuIH","username":"RwitG","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-06T17:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"While the Digital Markets Act and the Digital Services Acts were agreed upon on March 25, 2022 and April 23, 2022 respectively, the laws were only passed on July 5, 2022. ,Big Tech companies are going to have to re-examine the way they do business in the European Union, as lawmakers of the organisation have established new rules that will change the way tech businesses will operate. ,Also Read: European Union makes historic tech ruling, enforcement worries remain,What is the Digital Markets Act?,Simply put, the DMA focuses on regulating the markets within the tech industry. The Act has basis in Article 101 and 102 of the Treaty on the Functioning of the European Union. Article 101 has to do with anticompetitive agreements and any market behaviour that can negatively affect trading between member nations and can affect competition in the market. ,The DMA will primarily affect the big names from Silicon Valley, i.e. companies like Amazon, Google, Apple, Microsoft. The new law classifies these companies as ‘Gatekeepers’ thanks to their size, user base, market reach and capitalisation. Gatekeepers, according to EU lawmakers, provide “core-platform services” making them the most likely to be engaging in unfair business practices. ,In order to combat this, EU lawmakers have decided that platforms like WhatsApp, Messenger and iMessage must make their platforms accessible to smaller businesses providing similar services. This kind of interoperability would allow users on both small and large platforms to freely exchange information, videos, images, promoting a healthier market. ,Not only that, but business users would be able to also use these platforms to promote their products and services and instead of using one particular platform to make a sale, they will be able to make deals with customers off a platform. The ramifications for businesses who fail to comply will be fined 10% of their worldwide turnover. ,What is the Digital Services Act?,The DSA is a smaller but nonetheless crucial piece of legislation from the EU. The law is aimed at creating a “safer digital space where the fundamental rights of users are protected and to establish a level playing field for businesses,” according to the European Commission’s website. ,The Digital Services Act is a citizen-oriented law, which seeks to better protect the rights of consumers, provide them with more choices, and reduce their exposure to illegal content. In addition, the law seeks to protect the rights of children, and in a bid to do so, lawmakers have made the use of targeted advertising towards them illegal. It also prevents targeted advertising on the basis of religion, gender, political opinions and race. ,The law also makes the use of dark patterns illegal, a data acquisition tactic which leads people to give up their personal data to tech companies. The fine for flaunting these rules can lead to businesses being fined 6% of their annual turnover. The DMA will begin to apply six months after it is formally adopted and companies will be given the same amount of time to comply with the regulations. The DSA on the other hand will become enforceable 15 months after it is adopted or from January 1, 2024.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"EU,the Digital Markets Act,the European Union,the Digital Services Acts,Tech,Act,Article 101 and 102 of the Treaty on the Functioning of,Article 101,Silicon Valley,Apple,Microsoft,WhatsApp,DSA,the European Commission","originalPublishedOn":"2022-07-06T17:40:00+05:30"}},{"node":{"id":"vt2j2tlTNBtv","slug":"english/european-union-makes-historic-tech-ruling-enforcement-worries-remain","slugV2":"technology/european-union-makes-historic-tech-ruling-enforcement-worries-remain-694845/","title":"European Union makes historic tech ruling, enforcement worries remain","postType":1,"coverMedia":"/opoyi_AKchYn5vb.jpg","coverCaption":"European Union flags installed outside the Brussels headquarters. (Photo Credit: Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T12:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe Digital Markets Act and Digital Services Act were passed by European lawmakers\u003c/li\u003e\n \u003cli\u003eTech companies can be fined 10% of their turnover for DMA violations\u003c/li\u003e\n \u003cli\u003eFor DS A violations they can be fined 6% of their turnover\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657091342754,\\\"strCount\\\":2787,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Lawmakers in the European Union approved a set of critical rules that could check the practices of Silicon Valley giants like \u003ca href=\\\\\\\"https://opoyi.com/topics/google/\\\\\\\"\u003eGoogle\u003c/a\u003e,\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/facebook/\\\\\\\"\u003eFacebook\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e. However, enforcement might be limited by the resources regulators have in hand.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Digital Markets Act (DMA) and the Digital Services Act (DSA) will require online platforms to better regulate their spaces and watch out for illegal content. According to the new laws, DMA violations can cause a company to be fine up to 10% of their turnover, whereas they can be fine 6% for \u003ca href=\\\\\\\"https://opoyi.com/topics/dsa/\\\\\\\"\u003eDSA\u003c/a\u003e infractions.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The DMA rules are set to change the tech companies operate, forcing them to make their messaging services work across platforms while also providing business users access to their data. This way, businesses would be able to sell or promote their products on platforms that would otherwise be closed off to them. Most importantly, companies won’t be able to make sure that their products are favoured over others, nor will they be able to deny users the ability to remove pre-installed softwares. Both these rules are expected to hit \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e and Google particularly hard.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On the other hand, the DSA makes targeted advertising to children illegal. Dark patterns, a tactic used to mislead people into giving up personal data to tech companies, is also a part of this rule.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e Lawmakers and member nations came to a tentative agreement on DMA rules earlier this year. But even as a new European Commission taskforce is being set up as a regulatory watchdog, critics say it won’t be enough.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In response, Theirry Breton, the EU's industry chief, told Reuters that teams on the taskforce would be responsible for risk assessments, data access during the implementation of the DMA and DSA rules as well as the cross-platform movement of data on messenger services. To do so, the Commission put out a tender valued at €12 million ($12.3 million) which would invite experts to advise on investigations and compliance enforcement over the course of four years.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"But the European Consumer Organisation (BEUC) isn’t convinced. Last week, the consumer protection group had pointed out Google’s exploitative practices in signing people up to its platforms. Ursula Pachl, Deputy Director General of the BEUC told Reuters that if the EU fails to hire experts to monitor the actions of Silicon Valley’s giants, then the legislation that was passed would be “hamstrug by ineffective enforcement.”\\\"}}]}","relatedPosts":null,"location":{"name":"Brussels, Belgium"},"createdBy":{"name":"Rwit ","photo":"","username":"RwitG","id":"qTgouOtFVuIH","role":null},"topics":[{"name":"Google","slug":"google","id":"Cqu95TUqjxLY","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Facebook","slug":"facebook","id":"HLE8qquNLINg","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"DSA","slug":"dsa","id":"GRxBNzjfi7Ef","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Rwit ","id":"qTgouOtFVuIH","username":"RwitG","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-06T12:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Lawmakers in the European Union approved a set of critical rules that could check the practices of Silicon Valley giants like Google, Amazon, Facebook and Microsoft. However, enforcement might be limited by the resources regulators have in hand. ,The Digital Markets Act (DMA) and the Digital Services Act (DSA) will require online platforms to better regulate their spaces and watch out for illegal content. According to the new laws, DMA violations can cause a company to be fine up to 10% of their turnover, whereas they can be fine 6% for DSA infractions. ,The DMA rules are set to change the tech companies operate, forcing them to make their messaging services work across platforms while also providing business users access to their data. This way, businesses would be able to sell or promote their products on platforms that would otherwise be closed off to them. Most importantly, companies won’t be able to make sure that their products are favoured over others, nor will they be able to deny users the ability to remove pre-installed softwares. Both these rules are expected to hit Apple and Google particularly hard. ,On the other hand, the DSA makes targeted advertising to children illegal. Dark patterns, a tactic used to mislead people into giving up personal data to tech companies, is also a part of this rule. ,EU Lawmakers and member nations came to a tentative agreement on DMA rules earlier this year. But even as a new European Commission taskforce is being set up as a regulatory watchdog, critics say it won’t be enough. ,In response, Theirry Breton, the EU's industry chief, told Reuters that teams on the taskforce would be responsible for risk assessments, data access during the implementation of the DMA and DSA rules as well as the cross-platform movement of data on messenger services. To do so, the Commission put out a tender valued at €12 million ($12.3 million) which would invite experts to advise on investigations and compliance enforcement over the course of four years. ,But the European Consumer Organisation (BEUC) isn’t convinced. Last week, the consumer protection group had pointed out Google’s exploitative practices in signing people up to its platforms. Ursula Pachl, Deputy Director General of the BEUC told Reuters that if the EU fails to hire experts to monitor the actions of Silicon Valley’s giants, then the legislation that was passed would be “hamstrug by ineffective enforcement.”","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.8476","longitude":"4.3572","name":"Brussels, Belgium","city":"Brussels"},"keywords":"Silicon Valley,Google,EU,the European Union,Amazon,Facebook,Microsoft,The Digital Markets Act,the Digital Services Act,Apple,DSA,European Commission,Theirry Breton,the European Consumer Organisation,Ursula Pachl","originalPublishedOn":"2022-07-06T12:40:00+05:30"}},{"node":{"id":"qeBWd8tDHH8u","slug":"english/trade-setup-top-15-things-to-know-before-market-opens-on-july-6-2022","slugV2":"business/trade-setup-top-15-things-to-know-before-market-opens-on-july-6-2022-694680/","title":"Trade Setup: Top 15 things to know before market opens on July 6, 2022","postType":1,"coverMedia":"/opoyi_ZTZ588g-2.jpg","coverCaption":"The broader indices ended mixed as the BSE Mid cap index fell 0.35% and the Small cap index was up by 0.20% (Photo Credit: Representative Image/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T07:14:40+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eSensex fell 100.42 points or 0.19% to 53,134.35 and the Nifty was up by 24.50 points or 0.15% to 15,810.85\u003c/li\u003e\n \u003cli\u003eNifty or India VIX, fell 0.80% to 20.79 on Tuesday\u003c/li\u003e\n \u003cli\u003eThe trends on SGX Nifty indicate a positive opening for the index in India\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657071880420,\\\"strCount\\\":8775,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Indian \u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-crude-price-rupee-movement-to-weigh-on-sensex-nifty-693063/\\\\\\\"\u003eequity benchmarks\u003c/a\u003e\\\\ngave up intra-day gains to close marginally lower on Tuesday on emergence of\\\\nfag-end selling in IT, TECK and Banking stocks and weak opening in European stock\\\\nmarkets. \u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Nifty50 has\\\\nformed a reasonable negative candle on the daily chart with a long upper\\\\nshadow, confirming crucial resistance in the 15,850-15,950 zone, according to\\\\nNagaraj Shetti, Technical Research Analyst at HDFC Securities. \\\\\\\"One may\\\\nexpect further weakness in the short term as such false breakouts in the past\\\\nhave resulted in minor downward corrections amid rangebound moves,\\\\\\\" he\\\\nsaid.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/metal-shares-soar-as-china-proposes-a-75-billion-infrastructure-fund-693972/\\\\\\\"\u003eMetal shares soar as China proposes a $75 billion infrastructure fund\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/closingbell/\\\\\\\"\u003e\u003cb\u003eIndian Indices\u003c/b\u003e\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Sensex fell 100.42 points or 0.19% to 53,134.35 and the\\\\nNifty was up by 24.50 points or 0.15% to 15,810.85 in the previous session. Sensex\\\\ntouched high and low of 53,865.93 and 52,054.30, respectively. There were 11\\\\nstocks advancing against 19 stock declining on the index. Nifty traded in a\\\\nrange of 16,025.75 and 15,785.45. There were 22 stocks advancing against 26\\\\nstocks declining, while 2 stocks remain unchanged on the index.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-on-brink-of-recession-say-analysts-white-house-still-hopeful-693941/\\\\\\\"\u003eUnited States on brink of recession, say analysts; White House still hopeful\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBroader Indices\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The broader indices ended mixed as the BSE Mid cap index fell\\\\n0.35% and the Small cap index was up by 0.20%. On the sectoral front, Power was\\\\nup by 0.64%, Utilities was up by 0.59%, Metal was up by 0.47%, \u003ca href=\\\\\\\"https://opoyi.com/topics/healthcare/\\\\\\\"\u003eHealthcare\u003c/a\u003e was\\\\nup by 0.23% and Energy was up by 0.16%, while IT down by 0.59%, TECK down by\\\\n0.57%, Bankex down by 0.37%, Auto down by 0.32% and Realty down by 0.29% were\\\\nthe top losing indices on BSE.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/tata-power-share-rises-over-2-on-signing-mou-with-tamil-nadu-government-693956/\\\\\\\"\u003eTata Power share rises over 2% on signing MoU with Tamil Nadu government\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eIndia VIX Index\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Nifty or India VIX, a\\\\ngauge of the market's expectation of volatility over the near term, fell 0.80%\\\\nto 20.79 on Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSGX Nifty\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The trends on SGX Nifty indicate\\\\na positive opening for the index in India with a 96 points gain. The Nifty futures were trading\\\\nat\u0026nbsp;15,862.50 on the Singaporean Exchange\\\\naround 07:15 hours IST.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/tata-steel-long-products-acquires-neelachal-ispat-nigam-for-rs-12100-crore-693643/\\\\\\\"\u003eTata Steel Long Products acquires Neelachal Ispat Nigam for Rs 12,100 crore\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSupport and\\\\nResistance levels\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The\\\\nkey support level for the Nifty is placed at 15,722, followed by 15,634. If the\\\\nindex moves up, the key resistance levels to watch out for are 15,963 and\\\\n16,114, according to pivot charts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003e\u003cb\u003eUS Markets\u003c/b\u003e\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 6.06 points, or 0.2%, to 3,831.39.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average fell 129.44 points, or 0.4%, to 30,967.82.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Nasdaq rose 194.39 points, or 1.7%, to 11,322.24.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russell 2000 index of smaller companies rose 13.57 points, or 0.8%, to 1,741.33.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/turkeys-inflation-hit-two-decade-high-of-7862-in-june-693527/\\\\\\\"\u003eTurkey's inflation hit two-decade high of 78.62% in June\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAsian Markets\u003c/b\u003e\u003cb\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e markets ended\\\\nmostly higher on Tuesday. The Nikkei 225 rose 1.03%, the Heng Seng rose 0.10%,\\\\nthe KOSPI Composite rose 1.80% while the Shanghai Composite fell 0.04%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eEuropean Markets\u003c/b\u003e\u003cb\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European markets\\\\nended mostly lower on Tuesday, London's FTSE 100 was down by 2.86%, France's\\\\nCAC 40 was down by 2.68% and Germany’s DAX was down by 2.91%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-in-review-equity-benchmarks-rise-amid-positive-cues-from-global-markets-693034/\\\\\\\"\u003eWeek in review: Equity benchmarks rise amid positive cues from global markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eMajor News Headlines\u003c/b\u003e\u003cb\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAdani Power seek shareholders’ nod for Rs 5,000-crore project \u003c/b\u003e\u003cb\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Adani Power would seek the approval of shareholders for the\\\\nproposed related-party transaction worth up to Rs 5,000 crore with Adani ConneX\\\\nduring its annual general meeting (AGM), to be held on July 27. The proposed\\\\ntransaction will involve the sale by Adani Power of its special purpose vehicles\\\\nor subsidiaries to AdaniConneX. These subsidiaries have ownership or leasehold\\\\nrights in land and land parcels, Adani said in its AGM notice.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTCS secures deal from Outokumpu to transform its IT, cloud business\u003c/b\u003e\u003cb\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"IT giant \u003ca href=\\\\\\\"https://opoyi.com/topics/tcs/\\\\\\\"\u003eTCS\u003c/a\u003e has been selected by Finnish stainless steel company\\\\nOutokumpu to transform its ITC landscape with an agile and secure cloud-based\\\\ndigital core to reduce its carbon footprint and support its strategic\\\\naspirations. Outokumpu is based in \u003ca href=\\\\\\\"https://opoyi.com/topics/finland/\\\\\\\"\u003eFinland\u003c/a\u003e and operates in more than 30\\\\ncountries with around 9,000 employees. It aims to strengthen its industry\\\\nleadership and competitive differentiation and has therefore signed a\\\\nmulti-year deal with TCS to build a hybrid cloud platform.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/marshall-plan-for-ukraine-assessing-damages-and-reconstruction-costs-693238/\\\\\\\"\u003e'Marshall Plan' for Ukraine? Assessing damages and reconstruction costs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBiocon gets \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e GMP certification from Ireland’s HPRA\u003c/b\u003e\u003cb\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Subsidiary Biocon Biologics has received an EU GMP certificate from\\\\nthe Health Products Regulatory Authority (HPRA), \u003ca href=\\\\\\\"https://opoyi.com/topics/ireland/\\\\\\\"\u003eIreland\u003c/a\u003e, for its new\\\\nmonoclonal antibodies (mAbs) drug substance manufacturing facility (B3) at\\\\nBiocon Park, Bengaluru. This follows a good manufacturing practice (GMP)\\\\ninspection conducted in April 2022 by the authority.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/food/customer-shocks-internet-by-comparing-online-food-bill-to-offline-order-693298/\\\\\\\"\u003eCustomer shocks internet by comparing online food bill to offline order\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBritannia Industries’ shareholders reject Rs 5,000 crore investment\\\\nproposal\u003c/b\u003e\u003cb\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The company shareholders have voted against a resolution to\\\\nauthorize the board to make investments, give loans and provide guarantees of\\\\nup to Rs 5,000 crore in the AGM concluded last week. The special resolution for\\\\napproval to increase limits for making investments, loans, Special guarantees,\\\\nand security \\\\\\\"not Passed with requisite majority,\\\\\\\" said a regulatory\\\\nfiling from Britannia Industries on June 29, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/explained-why-are-tech-companies-laying-off-thousands-of-employees-693197/\\\\\\\"\u003eExplained: Why are tech companies laying off thousands of employees\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/bulkdeal/\\\\\\\"\u003e\u003cb\u003eBulk Deal data\u003c/b\u003e\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"SHASHANK PRAVINCHANDRA DOSHI sold 78,000 shares in AAA Technologies\\\\nLimited at Rs 77.55 per share as per \u003ca href=\\\\\\\"https://opoyi.com/topics/nse/\\\\\\\"\u003eNSE\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"GRETEX CORPORATE SERVICES PRIVATE LIMITED sold 86,400 shares in\\\\nBodhi Tree Multimedia Limited at Rs 107.90 per share on the NSE.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"RUN CONSULTANTS LLP bought 9,891 shares in Dymic Pro Ltd Rs.5 ppd\\\\nup at Rs 185.05 per share on the NSE.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"KARTIKBHAI J PATEL HUF sold 90,000 shares in GSS Infotech Limited\\\\nat Rs 213.13 per share as per NSE.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"CHINMAYAKUMARSWAIN sold 1,14,000 shares in Innovative Tyres \u0026amp;\\\\nTubes Limited at Rs 2.22 per share on the NSE.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-india-can-fight-ransomware-attacks-260225/\\\\\\\"\u003eHow India can fight ransomware attacks\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fiianddii/\\\\\\\"\u003e\u003cb\u003eDII and FII data\u003c/b\u003e\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Foreign institutional\\\\ninvestors (FIIs) bought shares worth a net Rs 1,295.84 crore, while domestic\\\\ninstitutional investors (DIIs) sold shares worth a net Rs 257.59 crore in the\\\\nIndian equity market on July 5, as per provisional data available on the NSE.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-fall-across-the-world-as-recession-worries-persist-693162/\\\\\\\"\u003eOil prices fall across the world as recession worries persist\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/foban/\\\\\\\"\u003e\u003cb\u003eNSE F\u0026amp;O Ban\u003c/b\u003e\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"No stock is under the\\\\nF\u0026amp;O ban for July 6. Securities in the ban period under the F\u0026amp;O segment\\\\ninclude companies in which the security has crossed 95% of the market-wide\\\\nposition limit.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"TradeSetup","slug":"tradesetup","id":"odcbbjEYtYHE","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Sensex","slug":"sensex","id":"MhfKMlGWFTBF","isSection":0},{"name":"BSE","slug":"bse","id":"2seBd7Lyb8z6","isSection":0},{"name":"NSE","slug":"nse","id":"74WQDLQfPQDQ","isSection":0},{"name":"Nifty","slug":"nifty","id":"2JvkXElbbqnQ","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"TCS","slug":"tcs","id":"uHQa458DR7HX","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Ireland","slug":"ireland","id":"Jy2fq5WBmk4C","isSection":0},{"name":"HealthCare","slug":"healthcare","id":"OHM8LeWpwll6","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"London","slug":"london","id":"PFIK5nEYHzYU","isSection":0},{"name":"France","slug":"france","id":"aF0AipAbPtoh","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Finland","slug":"finland","id":"xG2yMh6tb2Sz","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-06T07:14:39+05:30","publisher":0,"sourceFeed":null,"cleanText":"Indian equity benchmarks gave up intra-day gains to close marginally lower on Tuesday on emergence of fag-end selling in IT, TECK and Banking stocks and weak opening in European stock markets. ,The Nifty50 has formed a reasonable negative candle on the daily chart with a long upper shadow, confirming crucial resistance in the 15,850-15,950 zone, according to Nagaraj Shetti, Technical Research Analyst at HDFC Securities. One may expect further weakness in the short term as such false breakouts in the past have resulted in minor downward corrections amid rangebound moves, he said. Also Read | Metal shares soar as China proposes a $75 billion infrastructure fund,Indian Indices,Sensex fell 100.42 points or 0.19% to 53,134.35 and the Nifty was up by 24.50 points or 0.15% to 15,810.85 in the previous session. Sensex touched high and low of 53,865.93 and 52,054.30, respectively. There were 11 stocks advancing against 19 stock declining on the index. Nifty traded in a range of 16,025.75 and 15,785.45. There were 22 stocks advancing against 26 stocks declining, while 2 stocks remain unchanged on the index. Also Read | United States on brink of recession, say analysts; White House still hopeful,Broader Indices,The broader indices ended mixed as the BSE Mid cap index fell 0.35% and the Small cap index was up by 0.20%. On the sectoral front, Power was up by 0.64%, Utilities was up by 0.59%, Metal was up by 0.47%, Healthcare was up by 0.23% and Energy was up by 0.16%, while IT down by 0.59%, TECK down by 0.57%, Bankex down by 0.37%, Auto down by 0.32% and Realty down by 0.29% were the top losing indices on BSE. Also Read | Tata Power share rises over 2% on signing MoU with Tamil Nadu government,India VIX Index,Nifty or India VIX, a gauge of the market's expectation of volatility over the near term, fell 0.80% to 20.79 on Tuesday. SGX Nifty,The trends on SGX Nifty indicate a positive opening for the index in India with a 96 points gain. The Nifty futures were trading at 15,862.50 on the Singaporean Exchange around 07:15 hours IST. Also Read | Tata Steel Long Products acquires Neelachal Ispat Nigam for Rs 12,100 crore,Support and Resistance levels,The key support level for the Nifty is placed at 15,722, followed by 15,634. If the index moves up, the key resistance levels to watch out for are 15,963 and 16,114, according to pivot charts. US Markets,The S\u0026P 500 rose 6.06 points, or 0.2%, to 3,831.39. The Dow Jones Industrial Average fell 129.44 points, or 0.4%, to 30,967.82. The Nasdaq rose 194.39 points, or 1.7%, to 11,322.24. The Russell 2000 index of smaller companies rose 13.57 points, or 0.8%, to 1,741.33. Also Read | Turkey's inflation hit two-decade high of 78.62% in June,Asian Markets,Asian markets ended mostly higher on Tuesday. The Nikkei 225 rose 1.03%, the Heng Seng rose 0.10%, the KOSPI Composite rose 1.80% while the Shanghai Composite fell 0.04%. European Markets,European markets ended mostly lower on Tuesday, London's FTSE 100 was down by 2.86%, France's CAC 40 was down by 2.68% and Germany’s DAX was down by 2.91%. Also Read | Week in review: Equity benchmarks rise amid positive cues from global markets,Major News Headlines,Adani Power seek shareholders’ nod for Rs 5,000-crore project ,Adani Power would seek the approval of shareholders for the proposed related-party transaction worth up to Rs 5,000 crore with Adani ConneX during its annual general meeting (AGM), to be held on July 27. The proposed transaction will involve the sale by Adani Power of its special purpose vehicles or subsidiaries to AdaniConneX. These subsidiaries have ownership or leasehold rights in land and land parcels, Adani said in its AGM notice. Also Read | US inflation rate at a 40-year high | A timeline: 1930-2022,TCS secures deal from Outokumpu to transform its IT, cloud business,IT giant TCS has been selected by Finnish stainless steel company Outokumpu to transform its ITC landscape with an agile and secure cloud-based digital core to reduce its carbon footprint and support its strategic aspirations. Outokumpu is based in Finland and operates in more than 30 countries with around 9,000 employees. It aims to strengthen its industry leadership and competitive differentiation and has therefore signed a multi-year deal with TCS to build a hybrid cloud platform. Also Read | 'Marshall Plan' for Ukraine? Assessing damages and reconstruction costs,Biocon gets EU GMP certification from Ireland’s HPRA,Subsidiary Biocon Biologics has received an EU GMP certificate from the Health Products Regulatory Authority (HPRA), Ireland, for its new monoclonal antibodies (mAbs) drug substance manufacturing facility (B3) at Biocon Park, Bengaluru. This follows a good manufacturing practice (GMP) inspection conducted in April 2022 by the authority. Also Read | Customer shocks internet by comparing online food bill to offline order,Britannia Industries’ shareholders reject Rs 5,000 crore investment proposal,The company shareholders have voted against a resolution to authorize the board to make investments, give loans and provide guarantees of up to Rs 5,000 crore in the AGM concluded last week. The special resolution for approval to increase limits for making investments, loans, Special guarantees, and security not Passed with requisite majority, said a regulatory filing from Britannia Industries on June 29, 2022. Also Read | Explained: Why are tech companies laying off thousands of employees,Bulk Deal data,SHASHANK PRAVINCHANDRA DOSHI sold 78,000 shares in AAA Technologies Limited at Rs 77.55 per share as per NSE. GRETEX CORPORATE SERVICES PRIVATE LIMITED sold 86,400 shares in Bodhi Tree Multimedia Limited at Rs 107.90 per share on the NSE. RUN CONSULTANTS LLP bought 9,891 shares in Dymic Pro Ltd Rs.5 ppd up at Rs 185.05 per share on the NSE. KARTIKBHAI J PATEL HUF sold 90,000 shares in GSS Infotech Limited at Rs 213.13 per share as per NSE. CHINMAYAKUMARSWAIN sold 1,14,000 shares in Innovative Tyres \u0026 Tubes Limited at Rs 2.22 per share on the NSE. Also Read | How India can fight ransomware attacks,DII and FII data,Foreign institutional investors (FIIs) bought shares worth a net Rs 1,295.84 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 257.59 crore in the Indian equity market on July 5, as per provisional data available on the NSE. Also Read | Oil prices fall across the world as recession worries persist,NSE F\u0026O Ban,No stock is under the F\u0026O ban for July 6. Securities in the ban period under the F\u0026O segment include companies in which the security has crossed 95% of the market-wide position limit.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Outokumpu,Adani Power,Adani,TCS,EU,Ireland,NSE,Utilities,Stock market, share market, Sensex, Nifty, NSE, BSE, Business news, Stock market news,Trade setup, Trade setup July 6","originalPublishedOn":"2022-07-06T07:14:39+05:30"}},{"node":{"id":"7748umf5Fxce","slug":"english/who-is-steve-barclay","slugV2":"world/who-is-steve-barclay-166726/","title":"Who is Steve Barclay?","postType":1,"coverMedia":"/opoyi_Fam7qU3uPPx.jpg","coverCaption":"Steve Barclay is the new Health Minister of UK. (Photo credit: gov.uk)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T01:45:44+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eUK Prime Minister Boris Johnson named minister Steve Barclay as the health minister\u003c/li\u003e\n \u003cli\u003eHe was previously Johnson's chief of staff\u003c/li\u003e\n \u003cli\u003eBarclay stepped up after Sajid Javid's resignation\u0026nbsp;\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657052144606,\\\"strCount\\\":4538,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Steve Barclay has been named as the health minister of the United Kingdom, following \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-sajid-javid-694564/\\\\\\\"\u003eSajid Javid's\u003c/a\u003e resignation from the post. He was accompanied by finance minister \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-rishi-sunak-430404/\\\\\\\"\u003eRishi Sunak\u003c/a\u003e, dealing a \u003ca href=\\\\\\\"https://opoyi.com/world/uk-government-resignations-who-quit-boris-johnsons-cabinet-and-why-694555/\\\\\\\"\u003ehuge blow to Boris Johnson\u003c/a\u003e.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The UK Prime Minister had earlier named minister Steve Barclay as his new chief of staff.\\\"}},{\\\"type\\\":\\\"embed\\\",\\\"data\\\":{\\\"service\\\":\\\"twitter\\\",\\\"source\\\":\\\"https://twitter.com/SteveBarclay/status/1490023933004943362\\\",\\\"embed\\\":\\\"SteveBarclay/status/1490023933004943362\\\",\\\"width\\\":520,\\\"height\\\":300,\\\"caption\\\":\\\"\\\",\\\"aspectRatio\\\":173.33333333333334}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/stevebarclay/\\\\\\\"\u003eStephen Paul Barclay\u003c/a\u003e, a British politician who has served as Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office since 2021, was born on May 3, 1972. From 2020 to 2021, Barclay was Chief Secretary to the Treasury, and from 2018 to 2020, he was Secretary of State for Exiting the European Union. He has been the Member of Parliament (MP) for North East Cambridgeshire since 2010. He is a Conservative Party member.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"From 2016 to 2017, Barclay was Lord Commissioner of the Treasury, and from 2017 to 2018, he was Economic Secretary to the Treasury. He was appointed Minister of State at the Department of Health and Social Care following the 2018 cabinet reshuffle. Following \u003ca href=\\\\\\\"https://opoyi.com/topics/dominicraab/\\\\\\\"\u003eDominic Raab's\u003c/a\u003e departure, Prime Minister Theresa May named Barclay as Brexit Secretary in November 2018.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/what-boris-johnson-said-about-chris-pinchers-resignation-694616/\\\\\\\"\u003eWhat Boris Johnson said about Chris Pincher's resignation\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Prime Minister Boris Johnson kept him in the job, and he held it until the United Kingdom officially left the EU on January 31, 2020, when the transition period began. In the 2020 cabinet upheaval, Barclay was swiftly re-instated as Chief Secretary to the Treasury. In the 2021 cabinet reshuffle, he was promoted as Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, succeeding Michael Gove.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"After graduating from university in 1994, Barclay joined the Conservative Party. He was an A-List member who ran for parliament twice, once in Manchester Blackley in 1997 and again in Lancaster \u0026amp; Wyre in 2001, just missing out on the latter seat by 500 votes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Carlton Club political dinner, which raises funds for the Conservative Party's target seats, was taken over by Barclay in 2007.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/sports/partygate-boris-johnsons-time-at-10-downing-street-getting-tougher-as-aides-resign-268081/\\\\\\\"\u003ePartyGate: Boris Johnson’s time at Downing Street in peril as aides resign\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Barclay was chosen in January 2008 to replace outgoing North East Cambridgeshire MP Malcolm Moss, and was elected with a majority of 16,425 votes in the general election of May 2010. Following the election, he was quickly elected by his peers to the Public Accounts Committee, which oversees government spending. He was ranked one of the most conservative people in the country by Conservative Home.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Barclay was named a Lord Commissioner of the Treasury after Theresa May was appointed Prime Minister of the United Kingdom.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Barclay joined HM Treasury as Economic Secretary to the Treasury in June 2017.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He became Minister of State for Health in the Department of Health and Social Care in January 2018.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/boris-johnsons-chief-of-staff-dan-rosenfield-private-secretary-martin-reynolds-resign-4th-resignation-today-195098/\\\\\\\"\u003eBoris Johnson's chief of staff, secretary resign; fourth resignation today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following Dominic Raab's departure, Barclay was appointed Secretary of State for Exiting the European Union in November 2018. According to reports, Barclay will concentrate on domestic preparations rather than Brexit negotiations. In Boris Johnson's first and second cabinets, he remained the Brexit Secretary. At 11:00 p.m. on January 31, 2020, he stepped down as Brexit Secretary, when the Department for Exiting the European Union was shut down as the UK formally exited the EU.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In February 2020, Barclay was named Chief Secretary to the Treasury, succeeding Rishi Sunak, who had been named Chancellor of the Exchequer following Sajid Javid's departure.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Barclay was corrected on the number of people who have got the government's COVID-19 testing by presenter Fiona Bruce on BBC's Question Time in May 2020.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Barclay succeeded Michael Gove as Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office in a cabinet reshuffle on September 15, 2021.\\\"}}]}","relatedPosts":null,"location":{"name":"London, UK"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"UnitedKingdom","slug":"unitedkingdom","id":"ZT6urOP4Pu5S","isSection":0},{"name":"BorisJohnson","slug":"borisjohnson","id":"WjDr7Jisvlg3","isSection":0},{"name":"SteveBarclay","slug":"stevebarclay","id":"acI5jseX0YOj","isSection":0},{"name":"DominicRaab","slug":"dominicraab","id":"6xrXPoZjYGtK","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"UK","slug":"uk","id":"rBpj9Yi57Sni","isSection":0},{"name":"Brexit","slug":"brexit","id":"iPoj1PlyiZFG","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-06T01:45:42+05:30","publisher":0,"sourceFeed":null,"cleanText":"Steve Barclay has been named as the health minister of the United Kingdom, following Sajid Javid's resignation from the post. He was accompanied by finance minister Rishi Sunak, dealing a huge blow to Boris Johnson. ,The UK Prime Minister had earlier named minister Steve Barclay as his new chief of staff. Stephen Paul Barclay, a British politician who has served as Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office since 2021, was born on May 3, 1972. From 2020 to 2021, Barclay was Chief Secretary to the Treasury, and from 2018 to 2020, he was Secretary of State for Exiting the European Union. He has been the Member of Parliament (MP) for North East Cambridgeshire since 2010. He is a Conservative Party member. From 2016 to 2017, Barclay was Lord Commissioner of the Treasury, and from 2017 to 2018, he was Economic Secretary to the Treasury. He was appointed Minister of State at the Department of Health and Social Care following the 2018 cabinet reshuffle. Following Dominic Raab's departure, Prime Minister Theresa May named Barclay as Brexit Secretary in November 2018. Also read: What Boris Johnson said about Chris Pincher's resignation,Prime Minister Boris Johnson kept him in the job, and he held it until the United Kingdom officially left the EU on January 31, 2020, when the transition period began. In the 2020 cabinet upheaval, Barclay was swiftly re-instated as Chief Secretary to the Treasury. In the 2021 cabinet reshuffle, he was promoted as Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, succeeding Michael Gove. After graduating from university in 1994, Barclay joined the Conservative Party. He was an A-List member who ran for parliament twice, once in Manchester Blackley in 1997 and again in Lancaster \u0026 Wyre in 2001, just missing out on the latter seat by 500 votes. The Carlton Club political dinner, which raises funds for the Conservative Party's target seats, was taken over by Barclay in 2007. Also read: PartyGate: Boris Johnson’s time at Downing Street in peril as aides resign,Barclay was chosen in January 2008 to replace outgoing North East Cambridgeshire MP Malcolm Moss, and was elected with a majority of 16,425 votes in the general election of May 2010. Following the election, he was quickly elected by his peers to the Public Accounts Committee, which oversees government spending. He was ranked one of the most conservative people in the country by Conservative Home. Barclay was named a Lord Commissioner of the Treasury after Theresa May was appointed Prime Minister of the United Kingdom. Barclay joined HM Treasury as Economic Secretary to the Treasury in June 2017. He became Minister of State for Health in the Department of Health and Social Care in January 2018. Also read: Boris Johnson's chief of staff, secretary resign; fourth resignation today,Following Dominic Raab's departure, Barclay was appointed Secretary of State for Exiting the European Union in November 2018. According to reports, Barclay will concentrate on domestic preparations rather than Brexit negotiations. In Boris Johnson's first and second cabinets, he remained the Brexit Secretary. At 11:00 p.m. on January 31, 2020, he stepped down as Brexit Secretary, when the Department for Exiting the European Union was shut down as the UK formally exited the EU. In February 2020, Barclay was named Chief Secretary to the Treasury, succeeding Rishi Sunak, who had been named Chancellor of the Exchequer following Sajid Javid's departure. Barclay was corrected on the number of people who have got the government's COVID-19 testing by presenter Fiona Bruce on BBC's Question Time in May 2020. Barclay succeeded Michael Gove as Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office in a cabinet reshuffle on September 15, 2021.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"51.5072","longitude":"-0.1276","name":"London, UK","city":"City of Westminster"},"keywords":"Barclay,Treasury,Boris Johnson,Brexit,UK,the Cabinet Office,Steve Barclay,the European Union,North East Cambridgeshire,the Department of Health and Social Care,Dominic Raab's,Theresa May,the United Kingdom,EU,Michael Gove,Who is Steve Barclay ,Steve Barcl","originalPublishedOn":"2022-02-05T23:52:47+05:30"}},{"node":{"id":"s24GxCoPd8vX","slug":"english/ukraines-anti-corruption-measures-need-teeth-for-eu-membership-von-der-leyen","slugV2":"world/ukraines-anti-corruption-measures-need-teeth-for-eu-membership-von-der-leyen-691378/","title":"Ukraine's anti-corruption measures 'need teeth' for EU membership: von der Leyen","postType":1,"coverMedia":"/opoyi_3SfEPv1u9.jpg","coverCaption":"Ursula von der Leyen speaks at the NATO summit in Madrid, Spain, on June 29, 2022. (Photo Credit: AP)","reactionStats":"{\"sad_count\": 0, \"like_count\": 1.0, \"angry_count\": 0, \"laugh_count\": 0, \"heartbreak_count\": 0}","updatedOn":"2022-07-01T16:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eEuropean Commission President Ursula von der Leyen on Thursday said Ukraine's EU membership was within reach\u003c/li\u003e\n \u003cli\u003eShe praised the country's anti-corruption initiatives\u003c/li\u003e\n \u003cli\u003eHowever, she said these measures needed 'teeth' for membership\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":1,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656668720875,\\\"strCount\\\":2984,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/india/european-commission-president-ursula-von-der-leyen-arrives-in-india-for-2-day-visit-287759/\\\\\\\"\u003eUrsula von der Leyen\u003c/a\u003e, the President of the European Commission (EC), on Thursday told Ukraine that membership to the \u003ca href=\\\\\\\"https://opoyi.com/topics/europeanunion/\\\\\\\"\u003eEuropean Union (EU)\u003c/a\u003e was \\\\\\\"within reach\\\\\\\" but added that \\\\\\\"hard work\\\\\\\" would be required by Kyiv to make it a reality.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Speaking to the Ukrainian parliament and President \u003ca href=\\\\\\\"https://opoyi.com/india/who-is-volodymyr-zelensky-100184/\\\\\\\"\u003eVolodymyr Zelensky\u003c/a\u003e virtually, von der Leyen said, \\\\\\\"Ukraine now has a very clear European perspective. And \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e is a candidate country to join the European Union, something that seemed almost unimaginable just five months ago.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"There is a long road ahead but \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e will be at your side every step of the way, for as long as it takes, from these dark days of war until the moment you cross the door that leads into our European Union,\\\\\\\" the EC President assured.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/western-leaders-would-look-disgusting-if-they-were-topless-russias-vladimir-putin-690764/\\\\\\\"\u003e'Western leaders would look 'disgusting' if they were topless': Russia's Vladimir Putin\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Von der Leyen went on to praise Ukraine for its commitment to \\\\\\\"preventing and combating corruption\\\\\\\" since the Euro-Maidan Revolution of 2014.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"You have created an impressive anti-corruption machine,\\\\\\\" the 63-year-old acknowledged, adding, \\\\\\\"But now these institutions need teeth, and the right people in senior posts.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The next steps are within your reach. But they will require hard work,\\\\\\\" von der Leyen concluded.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/why-russian-forces-have-withdrawn-from-snake-island-all-we-know-so-far-690625/\\\\\\\"\u003eWhy Russian forces have withdrawn from Snake Island: All we know so far\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The EC President's comments come a week after Ukraine was granted \u003ca href=\\\\\\\"https://opoyi.com/world/eu-to-grant-candidate-status-to-ukraine-without-delay-in-historic-move-685367/\\\\\\\"\u003eEU candidate status\u003c/a\u003e, a historic move that opened up the possibility of the war-torn country joining the bloc.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, even then, the EU had said that there was no fast-track to membership, and that admission to the bloc \\\\\\\"remains a merit-based and structured process which requires the fulfilment of the EU membership criteria and is dependent on the effective implementation of reforms.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Zelensky, for his, part, had \u003ca href=\\\\\\\"https://opoyi.com/world/zelensky-promises-reforms-as-eu-moves-towards-candidate-status-for-ukraine-685414/\\\\\\\"\u003ehailed the decision\u003c/a\u003e to grant Ukraine candidate status, saying, \\\\\\\"This is like going into the light from the darkness.\\\\\\\" The actor-turned-politician had also promised that Ukraine was \\\\\\\"building a European state which will be part of the EU,\\\\\\\" and claimed that the country had already prepared \\\\\\\"prepared a lot of draft laws, a lot of reforms.\\\\\\\"\\\"}}]}","relatedPosts":null,"location":{"name":"Kyiv, Ukraine"},"createdBy":{"name":"Shiladitya Ray","photo":"","username":"shiladitya","id":"8PsQOset1365","role":null},"topics":[{"name":"UrsulaVonDerLeyen","slug":"ursulavonderleyen","id":"H2XHGoMHE428","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"VolodymyrZelensky","slug":"volodymyrzelensky","id":"hj1DIwbZJFvW","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Shiladitya Ray","id":"8PsQOset1365","username":"shiladitya","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-01T16:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Ursula von der Leyen, the President of the European Commission (EC), on Thursday told Ukraine that membership to the European Union (EU) was within reach but added that hard work would be required by Kyiv to make it a reality. Speaking to the Ukrainian parliament and President Volodymyr Zelensky virtually, von der Leyen said, Ukraine now has a very clear European perspective. And Ukraine is a candidate country to join the European Union, something that seemed almost unimaginable just five months ago. There is a long road ahead but Europe will be at your side every step of the way, for as long as it takes, from these dark days of war until the moment you cross the door that leads into our European Union, the EC President assured. Also read | 'Western leaders would look 'disgusting' if they were topless': Russia's Vladimir Putin,Von der Leyen went on to praise Ukraine for its commitment to preventing and combating corruption since the Euro-Maidan Revolution of 2014. You have created an impressive anti-corruption machine, the 63-year-old acknowledged, adding, But now these institutions need teeth, and the right people in senior posts. The next steps are within your reach. But they will require hard work, von der Leyen concluded. Also read | Why Russian forces have withdrawn from Snake Island: All we know so far,The EC President's comments come a week after Ukraine was granted EU candidate status, a historic move that opened up the possibility of the war-torn country joining the bloc. However, even then, the EU had said that there was no fast-track to membership, and that admission to the bloc remains a merit-based and structured process which requires the fulfilment of the EU membership criteria and is dependent on the effective implementation of reforms. Zelensky, for his, part, had hailed the decision to grant Ukraine candidate status, saying, This is like going into the light from the darkness. The actor-turned-politician had also promised that Ukraine was building a European state which will be part of the EU, and claimed that the country had already prepared prepared a lot of draft laws, a lot of reforms.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.4501","longitude":"30.5234","name":"Kyiv, Ukraine","city":"Kyiv"},"keywords":"Ukraine,EC,EU,the European Union,European,Ursula von der Leyen,the European Commission,Ukrainian,Volodymyr Zelensky,von der Leyen,Europe,European Union,Russia,Vladimir Putin Von der Leyen,the Euro-Maidan Revolution of","originalPublishedOn":"2022-07-01T16:00:00+05:30"}},{"node":{"id":"sxu3itwdcfeL","slug":"english/how-period-tracker-apps-data-can-be-used-now-that-roe-v-wade-is-overturned","slugV2":"usa/how-period-tracker-apps-data-can-be-used-now-that-roe-v-wade-is-overturned-686561/","title":"How period tracker apps data can be used now that Roe v Wade is overturned","postType":1,"coverMedia":"/opoyi_h54svKgA6.jpg","coverCaption":"Millions of women use apps to help them keep track of their menstrual cycles. (Representational Image/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-26T08:20:29+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eSCOTUS repealed the landmark Roe v Wade judgement on Friday\u003c/li\u003e\n \u003cli\u003ePrivacy experts are concerned over how data acquired from period-tracking apps might be impacted\u003c/li\u003e\n \u003cli\u003eCould it be used to penalise anybody seeking or considering an abortion?\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656211827668,\\\"strCount\\\":10015,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Supreme Court's decision to \u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-supreme-court-overturns-roe-v-wade-686278/\\\\\\\"\u003eoverturn Roe v. Wade\u003c/a\u003e on Friday, privacy experts are growing concerned over how data acquired from period-tracking apps, among other applications, could be used to penalise anybody seeking or considering an abortion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Millions of women use apps to help them keep track of their \u003ca href=\\\\\\\"https://opoyi.com/india/menstrual-leaves-tax-free-tampons-4-countries-that-prioritised-womens-health-390712/\\\\\\\"\u003emenstrual cycles\u003c/a\u003e. Flo claims to be the most popular period and cycle monitoring app, with 43 million active users. Clue, another app, boasts 12 million monthly active users.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/roe-v-wade-scotus-justices-and-their-right-about-turns-on-abortion-513312/\\\\\\\"\u003eRoe v Wade: SCOTUS justices and their 'right' about turns on abortion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"These apps store personal health data, which is among the most intimate pieces of data a person can disclose. It can also be instructive. The apps may display when their menstruation begins and ends, as well as when pregnancy begins and ends.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Privacy experts are concerned because this information, whether subpoenaed or sold to a third party, could be used to infer that someone has had or is considering having an abortion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We're very concerned in a lot of advocacy spaces about what happens when private corporations or the government can gain access to deeply sensitive data about people's lives and activities,\\\\\\\" Lydia X. Z. Brown, a policy counsel with the Center for Democracy and Technology's Privacy and Data Project, agrees. \\\\\\\"Especially when that data could put people in vulnerable and marginalized communities at risk for actual harm.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/abort-aborting-human-rights-criminalising-abortions-is-unsafe-unfair-484990/\\\\\\\"\u003eAbort aborting human rights: criminalising abortions is unsafe, unfair\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the Guttmacher Institute, a research group that advocates abortion rights, at least 26 states were \\\\\\\"certain or likely\\\\\\\" to \u003ca href=\\\\\\\"https://opoyi.com/world/abort-aborting-human-rights-criminalising-abortions-is-unsafe-unfair-484990/\\\\\\\"\u003eoutlaw abortions\u003c/a\u003e if the \u003ca href=\\\\\\\"https://opoyi.com/usa/roe-v-wade-what-the-leaked-scotus-draft-said-vs-the-opinion-686542/\\\\\\\"\u003eSupreme Court overturned Roe v. Wade.\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It's now a reality.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, several states have already expressed a desire to go further. Two days after Politico first reported the \u003ca href=\\\\\\\"https://opoyi.com/usa/roe-v-wade-what-is-in-the-leaked-scotus-opinion-draft-618527/\\\\\\\"\u003eleaked Supreme Court opinion\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/louisiana/\\\\\\\"\u003eLouisiana\u003c/a\u003e senators introduced legislation that would categorise abortion as homicide.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Supreme Court's decision to overturn Roe v. Wade, \u003ca href=\\\\\\\"https://opoyi.com/topics/missouri/\\\\\\\"\u003eMissouri\u003c/a\u003e prohibited practically all abortions.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eIt's more than simply calendar apps\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to Evan Greer, director of the digital rights advocacy group Fight for the Future, period apps aren't the only avenue for technology to connect people to abortions. She claims that if someone is sitting in the waiting area of an abortion clinic and playing a game on their phone, the app may be collecting location data.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Any app that is collecting sensitive information about your health or your body should be given an additional level of scrutiny,\\\\\\\" Greer claims.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/republican-states-pull-the-trigger-on-abortion-ban-after-roe-v-wade-overturn-686548/\\\\\\\"\u003eRepublican states pull the 'trigger' on abortion ban after Roe v Wade overturn\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Brown believes that search history can potentially be used to identify people. Activist groups, regardless of their cause, may try to obtain a dataset that shows where people have searched for abortion-related material.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to Brown, that information might be used for predatory marketing, but it could also provide a method for private persons to report another person for obtaining an abortion. This might be especially dangerous in \u003ca href=\\\\\\\"https://opoyi.com/topics/texas/\\\\\\\"\u003eTexas\u003c/a\u003e, considering the state's contentious new abortion law, SB 8.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The legislation prohibits abortion as soon as heart activity is detected, which is usually around six weeks. It also gives private persons the authority to enforce the prohibition by paying at least $10,000 to anyone who successfully sues an abortion practitioner.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Anybody could get their hands on this data by simply purchasing it from a company that is already collecting it,\\\\\\\" Brown states.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSharing data from apps isn't new\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It's fairly uncommon for apps to work with law authorities during criminal investigations, especially when it comes to child exploitation material. Experts argue that if abortion is criminalised, period-tracking data might become a target for investigators.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/roe-v-wade-what-the-leaked-scotus-draft-said-vs-the-opinion-686542/\\\\\\\"\u003eRoe v Wade: What the leaked SCOTUS draft said vs the opinion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"All of this makes an app's privacy policies extremely crucial, yet when it comes to privacy, these policies, according to Andrea Ford, a research fellow at the University of Edinburgh, can be imprecise and in flux.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"It becomes really muddy when you get into abortion,\\\\\\\" Ford states. \\\\\\\"If that [were to become] illegal in certain places, does that transcend the right to privacy that is written into the contracts in the way that child trafficking would?\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Flo app has already been chastised for data sharing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Trade Commission struck a deal with the popular fertility and period-tracking app last year after claims that it deceived users about the publication of their personal health data. The settlement followed a Wall Street Journal investigation in 2019 that discovered the app told Facebook when a user was getting their period or if they assured the app that they sought to become pregnant.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the terms of the settlement, Flo must conduct an independent assessment of its privacy policies and seek user authorization before disclosing sensitive health information. As part of the deal, Flo did not admit to any wrongdoing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/how-overturning-roe-v-wade-is-a-win-for-justice-clarence-thomas-686521/\\\\\\\"\u003eHow overturning Roe v Wade is a win for Justice Clarence Thomas\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The company said in a statement to NPR that it \\\\\\\"firmly believes women's health data should be held with the utmost privacy and care at all times, which is why we do not share health data with any third party.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"An external, independent privacy audit done in March \\\\\\\"confirmed there are no gaps or weaknesses in our privacy practices,\\\\\\\" according to the corporation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCould repealing Roe v. Wade have consequences other than abortion?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Clue, a period tracking app, previously told NPR publication that \\\\\\\"any data you track in Clue about pregnancies, pregnancy loss or abortion, is kept private and safe.\\\\\\\" As a European corporation, the company stated that it is required by European legislation to provide \\\\\\\"special protections\\\\\\\" to reproductive health data.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Clue stated their commitment to protecting consumers' reproductive health data just before the Supreme Court overturned \u003ca href=\\\\\\\"https://opoyi.com/usa/what-is-roe-v-wade-133607/\\\\\\\"\u003eRoe v. Wade\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/why-overturning-roe-v-wade-will-take-a-financial-toll-on-women-488729/\\\\\\\"\u003eWhy overturning Roe v. Wade will take a financial toll on women\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"It is important to understand that European law protects our community's sensitive health data,\\\\\\\" Clue said in a press statement Thursday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Clue referred to the EU's data privacy law, the General Data Protection Regulation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Our business model is direct to consumer subscriptions — our users are our customers, nobody else is,\\\\\\\" the company stated.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite such assurances, Jason Hong, a professor at Carnegie Mellon University's School of Computer Science, warns that the data a user enters into a period-tracking app may be transmitted well beyond the phone or app in question.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"It's really hard to understand how your data is being used and where it's being shared because it could be many many third parties, and those third parties can also resell to other third parties,\\\\\\\" Hong explains. \\\\\\\"Your data could actually be all over the network at this point. And it's really hard to track what's going on.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eShould users uninstall these apps?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For individuals who are unsure about their period-tracking app, Ford believes there is a risk vs. convenience assessment that is unique to each user. It is heavily influenced by where you reside and the regulations in place.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"If I lived in a state where abortion was actively being criminalized, I would not use a period tracker — that's for sure,\\\\\\\" she reveals.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/why-lgbtq-community-is-concerned-over-possible-roe-v-wade-overturning-457503/\\\\\\\"\u003eWhy LGBTQ community is concerned about Roe v Wade overturning\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, for individuals who like to log their data online, there may be some less dangerous solutions. According to Ford, apps designed using a nonprofit model may provide more privacy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to Hong, premium applications may be better because they are less likely to follow users because they do not need to collect advertising data. Hong also recommended customers study Apple's privacy nutrition labels, which are intended to educate users in layman's terms on how their data is utilised.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Apps that save data locally are also preferable, according to Greer, because data stored locally belongs to the user, not the corporation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"If authorities want to access data kept on a user's device, they'll require a warrant, which has a \\\\\\\"much higher legal bar\\\\\\\" than a subpoena, according to Greer. However, if the data is in the cloud and held by a company, a subpoena would be required to gain access to it.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to Ford, the most secure solution may be the most traditional: charting your cycle on paper.\\\"}}]}","relatedPosts":null,"location":{"name":"Washington D.C., DC, USA"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"RoeVsWade","slug":"roevswade","id":"mRljYeHoVsfI","isSection":0},{"name":"Apps","slug":"apps","id":"ez2PTEOVOwz7","isSection":0},{"name":"Menstruation","slug":"menstruation","id":"PeoQcxkOboBb","isSection":0},{"name":"Ford","slug":"ford","id":"nF3LTYjiRg6T","isSection":0},{"name":"SupremeCourt","slug":"supremecourt","id":"FnneUVErxtRr","isSection":0},{"name":"Louisiana","slug":"louisiana","id":"ezFoc7HSegO7","isSection":0},{"name":"Missouri","slug":"missouri","id":"JD25RfGqq54V","isSection":0},{"name":"Brown","slug":"brown","id":"7xZ1CVGHomf6","isSection":0},{"name":"Texas","slug":"texas","id":"5XE2gabHzcdC","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-26T08:20:26+05:30","publisher":0,"sourceFeed":null,"cleanText":"Following the Supreme Court's decision to overturn Roe v. Wade on Friday, privacy experts are growing concerned over how data acquired from period-tracking apps, among other applications, could be used to penalise anybody seeking or considering an abortion. Millions of women use apps to help them keep track of their menstrual cycles. Flo claims to be the most popular period and cycle monitoring app, with 43 million active users. Clue, another app, boasts 12 million monthly active users. Also read: Roe v Wade: SCOTUS justices and their 'right' about turns on abortion,These apps store personal health data, which is among the most intimate pieces of data a person can disclose. It can also be instructive. The apps may display when their menstruation begins and ends, as well as when pregnancy begins and ends. Privacy experts are concerned because this information, whether subpoenaed or sold to a third party, could be used to infer that someone has had or is considering having an abortion. We're very concerned in a lot of advocacy spaces about what happens when private corporations or the government can gain access to deeply sensitive data about people's lives and activities, Lydia X. Z. Brown, a policy counsel with the Center for Democracy and Technology's Privacy and Data Project, agrees. Especially when that data could put people in vulnerable and marginalized communities at risk for actual harm. Also read: Abort aborting human rights: criminalising abortions is unsafe, unfair,According to the Guttmacher Institute, a research group that advocates abortion rights, at least 26 states were certain or likely to outlaw abortions if the Supreme Court overturned Roe v. Wade. It's now a reality. However, several states have already expressed a desire to go further. Two days after Politico first reported the leaked Supreme Court opinion, Louisiana senators introduced legislation that would categorise abortion as homicide. Following the Supreme Court's decision to overturn Roe v. Wade, Missouri prohibited practically all abortions. ,It's more than simply calendar apps,According to Evan Greer, director of the digital rights advocacy group Fight for the Future, period apps aren't the only avenue for technology to connect people to abortions. She claims that if someone is sitting in the waiting area of an abortion clinic and playing a game on their phone, the app may be collecting location data. Any app that is collecting sensitive information about your health or your body should be given an additional level of scrutiny, Greer claims. Also read: Republican states pull the 'trigger' on abortion ban after Roe v Wade overturn,Brown believes that search history can potentially be used to identify people. Activist groups, regardless of their cause, may try to obtain a dataset that shows where people have searched for abortion-related material. According to Brown, that information might be used for predatory marketing, but it could also provide a method for private persons to report another person for obtaining an abortion. This might be especially dangerous in Texas, considering the state's contentious new abortion law, SB 8. The legislation prohibits abortion as soon as heart activity is detected, which is usually around six weeks. It also gives private persons the authority to enforce the prohibition by paying at least $10,000 to anyone who successfully sues an abortion practitioner. Anybody could get their hands on this data by simply purchasing it from a company that is already collecting it, Brown states. Sharing data from apps isn't new,It's fairly uncommon for apps to work with law authorities during criminal investigations, especially when it comes to child exploitation material. Experts argue that if abortion is criminalised, period-tracking data might become a target for investigators. Also read: Roe v Wade: What the leaked SCOTUS draft said vs the opinion,All of this makes an app's privacy policies extremely crucial, yet when it comes to privacy, these policies, according to Andrea Ford, a research fellow at the University of Edinburgh, can be imprecise and in flux. It becomes really muddy when you get into abortion, Ford states. If that [were to become] illegal in certain places, does that transcend the right to privacy that is written into the contracts in the way that child trafficking would?,The Flo app has already been chastised for data sharing. The Federal Trade Commission struck a deal with the popular fertility and period-tracking app last year after claims that it deceived users about the publication of their personal health data. The settlement followed a Wall Street Journal investigation in 2019 that discovered the app told Facebook when a user was getting their period or if they assured the app that they sought to become pregnant. According to the terms of the settlement, Flo must conduct an independent assessment of its privacy policies and seek user authorization before disclosing sensitive health information. As part of the deal, Flo did not admit to any wrongdoing. Also read: How overturning Roe v Wade is a win for Justice Clarence Thomas,The company said in a statement to NPR that it firmly believes women's health data should be held with the utmost privacy and care at all times, which is why we do not share health data with any third party. An external, independent privacy audit done in March confirmed there are no gaps or weaknesses in our privacy practices, according to the corporation. Could repealing Roe v. Wade have consequences other than abortion?,Clue, a period tracking app, previously told NPR publication that any data you track in Clue about pregnancies, pregnancy loss or abortion, is kept private and safe. As a European corporation, the company stated that it is required by European legislation to provide special protections to reproductive health data. Clue stated their commitment to protecting consumers' reproductive health data just before the Supreme Court overturned Roe v. Wade. Also read: Why overturning Roe v. Wade will take a financial toll on women,It is important to understand that European law protects our community's sensitive health data, Clue said in a press statement Thursday. Clue referred to the EU's data privacy law, the General Data Protection Regulation. Our business model is direct to consumer subscriptions — our users are our customers, nobody else is, the company stated. Despite such assurances, Jason Hong, a professor at Carnegie Mellon University's School of Computer Science, warns that the data a user enters into a period-tracking app may be transmitted well beyond the phone or app in question. It's really hard to understand how your data is being used and where it's being shared because it could be many many third parties, and those third parties can also resell to other third parties, Hong explains. Your data could actually be all over the network at this point. And it's really hard to track what's going on. Should users uninstall these apps?,For individuals who are unsure about their period-tracking app, Ford believes there is a risk vs. convenience assessment that is unique to each user. It is heavily influenced by where you reside and the regulations in place. If I lived in a state where abortion was actively being criminalized, I would not use a period tracker — that's for sure, she reveals. Also read: Why LGBTQ community is concerned about Roe v Wade overturning,However, for individuals who like to log their data online, there may be some less dangerous solutions. According to Ford, apps designed using a nonprofit model may provide more privacy. According to Hong, premium applications may be better because they are less likely to follow users because they do not need to collect advertising data. Hong also recommended customers study Apple's privacy nutrition labels, which are intended to educate users in layman's terms on how their data is utilised. Apps that save data locally are also preferable, according to Greer, because data stored locally belongs to the user, not the corporation. If authorities want to access data kept on a user's device, they'll require a warrant, which has a much higher legal bar than a subpoena, according to Greer. However, if the data is in the cloud and held by a company, a subpoena would be required to gain access to it. According to Ford, the most secure solution may be the most traditional: charting your cycle on paper.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"38.9072","longitude":"-77.0369","name":"Washington D.C., DC, USA","city":"Washington"},"keywords":"Roe v. Wade,Ford,European,the Supreme Court's,the Supreme Court,Greer,Lydia,X. Z. Brown,the Center for Democracy and Technology's Privacy and Data Project,the Guttmacher Institute,Supreme Court,Louisiana,Missouri,Evan Greer,the digital rights advocacy gro","originalPublishedOn":"2022-06-25T03:42:47+05:30"}},{"node":{"id":"ZLEPZqgFGs6U","slug":"english/zelensky-promises-reforms-as-eu-moves-towards-candidate-status-for-ukraine","slugV2":"world/zelensky-promises-reforms-as-eu-moves-towards-candidate-status-for-ukraine-685414/","title":"Zelensky promises reforms as EU moves towards candidate status for Ukraine","postType":1,"coverMedia":"/opoyi_auRWfV1Rx.jpg","coverCaption":"Ukraine President Volodymyr Zelensky welcomed EU's decision to grant candidate status, promising reforms in the country. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-23T19:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eUkraine President Volodymyr Zelensky thanked the EU for its decision to grant candidate status without delay\u003c/li\u003e\n \u003cli\u003eZelensky promsied major reforms in Ukraine after the war\u003c/li\u003e\n \u003cli\u003eThe path to EU membership is a long one contingent on the fulfillment of all EU criteria\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655989820989,\\\"strCount\\\":3041,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukraine President \u003ca href=\\\\\\\"https://opoyi.com/india/who-is-volodymyr-zelensky-100184/\\\\\\\"\u003eVolodymyr Zelensky\u003c/a\u003e expressed his delight at the European Parliament's direction to \u003ca href=\\\\\\\"https://opoyi.com/topics/europeanunion/\\\\\\\"\u003eEuropean Union (EU)\u003c/a\u003e leaders to \u003ca href=\\\\\\\"https://opoyi.com/world/eu-to-grant-candidate-status-to-ukraine-without-delay-in-historic-move-685367/\\\\\\\"\u003egrant candidate status\u003c/a\u003e to the war-torn country \\\\\\\"without delay.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"This is like going into the light from the darkness,\\\\\\\" the 44-year-old actor-turned-politician said, commenting on the historic vote in Brussels on Thursday that also saw the European Parliament call for the granting of candidate status to Moldova and \u003ca href=\\\\\\\"https://opoyi.com/topics/georgia/\\\\\\\"\u003eGeorgia\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/brics-summit-xi-jinping-vladimir-putin-narendra-modi-jair-bolsonaro-to-sit-across-screens-talk-ukraine-685117/\\\\\\\"\u003eBRICS summit: Xi, Putin, Modi, Bolsonaro to sit across screens, talk Ukraine\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earlier in the day, Zelensky had expressed his hopes of setting out on the path to EU membership, describing the status as Ukraine's \\\\\\\"choice of our future vision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Ukraine has made its own choice, ... a future closer to the European Union and soon we will be part of that family. We have sacrificed a lot for that,\\\\\\\" Zelensky had said on Thursday in a virtual address to the Hebrew University of \u003ca href=\\\\\\\"https://opoyi.com/topics/jerusalem/\\\\\\\"\u003eJerusalem\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-crisis-has-sounded-alarm-for-humanity-china-684734/\\\\\\\"\u003eUkraine crisis has sounded alarm for humanity: China\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As per European lawmakers' expectations, the 44-year-old also promised to concentrate efforts on \\\\\\\"building a European state which will be part of the EU,\\\\\\\" stressing that \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e had already \\\\\\\"prepared a lot of draft laws, a lot of reforms.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Security in all public spaces -- starting from the borders of our country down to the very center,\\\\\\\" the Ukrainian president emphasized, promising change in a country notorious for corruption.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/technology/russian-court-denies-meta-appeal-over-extremist-activity-tag-684607/\\\\\\\"\u003eRussian court denies Meta appeal over 'extremist activity' tag\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, Zelensky warned that even if Ukraine wins the war against Russia, the threat from Moscow would remain: \\\\\\\"We will understand very clearly that our neighbor is Russia, and that Russia, even if we finish the war and we win, in 10 or 20 years Russia may attack us again. I am not saying that this will happen, but there is a possibility,\\\\\\\" the 44-year-old said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"That being side, while candidate status would indeed set Ukraine on the path to \u003ca href=\\\\\\\"https://opoyi.com/world/will-kyiv-receive-eu-membership-one-ukrainian-official-thinks-so-684863/\\\\\\\"\u003eeventual EU membership\u003c/a\u003e, European lawmakers warned that there is \\\\\\\"no fast-track process\\\\\\\" for membership in the bloc, and that the path to the same would remain \\\\\\\"merit-based\\\\\\\" and dependent on the fulfilment of all EU criteria.\\\"}}]}","relatedPosts":null,"location":{"name":"Kyiv, Ukraine"},"createdBy":{"name":"Shiladitya Ray","photo":"","username":"shiladitya","id":"8PsQOset1365","role":null},"topics":[{"name":"VolodymyrZelensky","slug":"volodymyrzelensky","id":"hj1DIwbZJFvW","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Shiladitya Ray","id":"8PsQOset1365","username":"shiladitya","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-23T19:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Ukraine President Volodymyr Zelensky expressed his delight at the European Parliament's direction to European Union (EU) leaders to grant candidate status to the war-torn country without delay. This is like going into the light from the darkness, the 44-year-old actor-turned-politician said, commenting on the historic vote in Brussels on Thursday that also saw the European Parliament call for the granting of candidate status to Moldova and Georgia. Also read | BRICS summit: Xi, Putin, Modi, Bolsonaro to sit across screens, talk Ukraine,Earlier in the day, Zelensky had expressed his hopes of setting out on the path to EU membership, describing the status as Ukraine's choice of our future vision. Ukraine has made its own choice, ... a future closer to the European Union and soon we will be part of that family. We have sacrificed a lot for that, Zelensky had said on Thursday in a virtual address to the Hebrew University of Jerusalem. Also read | Ukraine crisis has sounded alarm for humanity: China,As per European lawmakers' expectations, the 44-year-old also promised to concentrate efforts on building a European state which will be part of the EU, stressing that Ukraine had already prepared a lot of draft laws, a lot of reforms. Security in all public spaces -- starting from the borders of our country down to the very center, the Ukrainian president emphasized, promising change in a country notorious for corruption. Also read | Russian court denies Meta appeal over 'extremist activity' tag,However, Zelensky warned that even if Ukraine wins the war against Russia, the threat from Moscow would remain: We will understand very clearly that our neighbor is Russia, and that Russia, even if we finish the war and we win, in 10 or 20 years Russia may attack us again. I am not saying that this will happen, but there is a possibility, the 44-year-old said. That being side, while candidate status would indeed set Ukraine on the path to eventual EU membership, European lawmakers warned that there is no fast-track process for membership in the bloc, and that the path to the same would remain merit-based and dependent on the fulfilment of all EU criteria.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.4501","longitude":"30.5234","name":"Kyiv, Ukraine","city":"Kyiv"},"keywords":"Ukraine,EU,Russia,Zelensky,European,Volodymyr Zelensky,the European Parliament's,European Union,Brussels,the European Parliament,Moldova,Georgia,Putin,Bolsonaro,the European Union","originalPublishedOn":"2022-06-23T19:20:00+05:30"}},{"node":{"id":"MAMnublZJmui","slug":"english/will-kyiv-receive-eu-membership-one-ukrainian-official-thinks-so","slugV2":"world/will-kyiv-receive-eu-membership-one-ukrainian-official-thinks-so-684863/","title":"Will Kyiv receive EU membership? One Ukrainian official thinks so","postType":1,"coverMedia":"/opoyi_JTXQzDsVi.jpg","coverCaption":"Ukrainian president with prime ministers of Albania, Montenegro and North Macedonia. (Photo Credit: twitter/@StefanishynaO)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-23T01:25:52+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eOlha Vitaliyivna Stefanishyna is certain that Ukraine will become an official candidate for EU membership\u003c/li\u003e\n \u003cli\u003eStefanishyna is the deputy prime minister of the European and Euro-Atlantic integration of Ukraine\u003c/li\u003e\n \u003cli\u003eA two-day summit will be held in Brussels on June 23\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655927752562,\\\"strCount\\\":2598,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Olha Vitaliyivna Stefanishyna, the deputy prime minister of the European and Euro-Atlantic integration of \u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-crisis-has-sounded-alarm-for-humanity-china-684734/\\\\\\\"\u003eUkraine\u003c/a\u003e, is completely certain that all 27 \u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-a-step-closer-to-eu-membership-states-report-683815/\\\\\\\"\u003eEuropean Union\u003c/a\u003e nations will support the idea of making Ukraine an official candidate for membership.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to AP, Stefanishyna said on Wednesday that the EU nations could arrive at the decision on the first day of the upcoming summit, which is set to begin in Brussels, Belgium, on June 23. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She also stated that the nations that were initially doubtful about the membership, such as the Netherlands, Denmark, and Sweden, are now displaying full support.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She further called the EU’s executive arm's decision to support her country’s candidacy a “game-changer.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stefanishyna also revealed that Ukraine is planning to use the EU’s structural funds after getting the candidacy, in order to reconstruct and restore itself after the destruction caused by the \u003ca href=\\\\\\\"https://opoyi.com/world/with-severodonetsk-falling-russia-starts-shelling-lysychansk-in-donbas-push-684317/\\\\\\\"\u003eRussian invasion\u003c/a\u003e.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/should-lithuania-be-worried-putin-issues-chilling-warning-to-nato-member-683765/\\\\\\\"\u003eShould Lithuania be worried? Putin issues chilling warning to NATO member\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"As a candidate country, we have access to the structural funds of the European Union. These are absolutely immeasurable compared to the funds we had before and will be entirely aimed at restoring and rebuilding Ukraine and building a sustainable competitive economy. Today, we are talking about hundreds of billions of euros, which will be available to us after receiving this status,\\\\\\\" she said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, Russian President \u003ca href=\\\\\\\"https://opoyi.com/world/putin-to-meet-brics-leaders-in-virtual-meeting-everything-to-know-684560/\\\\\\\"\u003eVladimir Putin\u003c/a\u003e said that his country does not have an issue with Ukraine’s decision to join the EU.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/russian-court-denies-meta-appeal-over-extremist-activity-tag-684607/\\\\\\\"\u003eRussian court denies Meta appeal over 'extremist activity' tag\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The EU is not a military organisation, military-political bloc, unlike us. Therefore, we always said that our stance is coherent, and understandable. We have nothing against it. It is a sovereign decision of any country to join or not to join economic unions, and the decision of those economic organisations to accept members or not,\\\\\\\" he said.\\\"}}]}","relatedPosts":null,"location":{"name":"Brussels, Belgium"},"createdBy":{"name":"Deeksha Sharma","photo":null,"username":"deeksha9658","id":"2yz2ORxIh7LM","role":null},"topics":[{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"International","slug":"international","id":"NYS6J2BBfSdS","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Deeksha Sharma","id":"2yz2ORxIh7LM","username":"deeksha9658","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-23T00:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Olha Vitaliyivna Stefanishyna, the deputy prime minister of the European and Euro-Atlantic integration of Ukraine, is completely certain that all 27 European Union nations will support the idea of making Ukraine an official candidate for membership. According to AP, Stefanishyna said on Wednesday that the EU nations could arrive at the decision on the first day of the upcoming summit, which is set to begin in Brussels, Belgium, on June 23. ,She also stated that the nations that were initially doubtful about the membership, such as the Netherlands, Denmark, and Sweden, are now displaying full support. ,She further called the EU’s executive arm's decision to support her country’s candidacy a “game-changer.”,Stefanishyna also revealed that Ukraine is planning to use the EU’s structural funds after getting the candidacy, in order to reconstruct and restore itself after the destruction caused by the Russian invasion. ,Also Read: Should Lithuania be worried? Putin issues chilling warning to NATO member,As a candidate country, we have access to the structural funds of the European Union. These are absolutely immeasurable compared to the funds we had before and will be entirely aimed at restoring and rebuilding Ukraine and building a sustainable competitive economy. Today, we are talking about hundreds of billions of euros, which will be available to us after receiving this status, she said. Meanwhile, Russian President Vladimir Putin said that his country does not have an issue with Ukraine’s decision to join the EU. Also Read: Russian court denies Meta appeal over 'extremist activity' tag,The EU is not a military organisation, military-political bloc, unlike us. Therefore, we always said that our stance is coherent, and understandable. We have nothing against it. It is a sovereign decision of any country to join or not to join economic unions, and the decision of those economic organisations to accept members or not, he said.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.8476","longitude":"4.3572","name":"Brussels, Belgium","city":"Brussels"},"keywords":"EU,Ukraine,Vitaliyivna Stefanishyna,European Union,Brussels,Belgium,Netherlands,Denmark,Sweden,NATO,Vladimir Putin,ukraine EU membership","originalPublishedOn":"2022-06-23T00:40:00+05:30"}},{"node":{"id":"UOihOUwQjuPj","slug":"english/ukraine-a-step-closer-to-eu-membership-states-report","slugV2":"world/ukraine-a-step-closer-to-eu-membership-states-report-683815/","title":"Ukraine a step closer to EU membership, states report","postType":1,"coverMedia":"/opoyi_TI_6rLKY1.jpg","coverCaption":"FILE - Kyiv: Ukrainian President Volodymyr Zelenskyy talks at a news conference with Austria's Chancellor Karl Nehammer in Kyiv, Ukraine, Saturday, April 9, 2022. (AP Photo)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-22T00:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eUkraine is expected to become an official applicant for European Union membership on Thursday\u003c/li\u003e\n \u003cli\u003eIt is a symbolic but morale-boosting step, stated a report\u003c/li\u003e\n \u003cli\u003eMoldova is also about to be granted candidate status, according to diplomats\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655835454498,\\\"strCount\\\":2731,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following \u003ca href=\\\\\\\"https://opoyi.com/usa/white-house-calls-russian-moves-on-ukraine-an-invasion-450551/\\\\\\\"\u003eRussia's invasion\u003c/a\u003e, Ukraine is expected to become an official applicant for European Union membership on Thursday, in a symbolic but morale-boosting step, ministers and ambassadors said on Tuesday, reported Reuters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/after-stephen-zabielskis-death-us-alters-landmine-policy-683962/\\\\\\\"\u003eAfter Stephen Zabielski’s death, US alters landmine policy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/eu-leaders-to-visit-kyiv-amidst-extended-curfew-as-russian-attack-of-ukraine-persists-363602/\\\\\\\"\u003eEU leaders\u003c/a\u003e in Brussels are anticipated to approve the European Commission's suggestion from last week. According to three officials, no opposition among the EU's 27 member states has emerged after several days of private EU negotiations.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Jean Asselborn, Luxembourg's foreign affairs minister, told reporters before of a meeting with other EU ministers, \\\\\\\"We are working towards the point where we tell (Russian President Vladimir) Putin that Ukraine belongs to Europe, that we will also defend the values that Ukraine defends.\\\\\\\"\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/us-attorney-general-merrick-garland-visits-ukraine-to-discuss-war-crimes-probe-683787/\\\\\\\"\u003eUS Attorney General Garland visits Ukraine to discuss war crimes probe\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Moldova is also about to be granted candidate status, according to diplomats, though Georgia must meet conditions, including breaking the country's political gridlock.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite some reservations among northern EU nations that \u003ca href=\\\\\\\"https://opoyi.com/world/austria-opposes-ukraines-bid-for-european-union-membership-kyiv-is-disappointed-594032/\\\\\\\"\u003eadmitting Ukraine\u003c/a\u003e, which suffers from widespread corruption, is feasible, Denmark's foreign minister said he supported the country's candidacy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"It's very good and it's something that Denmark whole-heartedly supports; we want to help Ukraine to achieve its European dream,\\\\\\\" in Luxembourg, Jeppe Kofod informed reporters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/should-lithuania-be-worried-putin-issues-chilling-warning-to-nato-member-683765/\\\\\\\"\u003eShould Lithuania be worried? Putin issues chilling warning to NATO member\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While the EU's candidacy marks a geopolitical eastward turn in response to Russia's war in Ukraine, Kyiv will likely take years, if at all, to become a member of the bloc.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukraine now has a free trade agreement with the EU, although it applied to join just days after Russia invaded. Moscow claims that its \\\\\\\"special military operation\\\\\\\" was prompted in part by Western encroachment on what it considers to be its natural geographical area of influence.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"So far, Putin has downplayed Ukraine's EU membership.\\\"}}]}","relatedPosts":null,"location":{"name":"Brussels, Belgium"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-22T00:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Following Russia's invasion, Ukraine is expected to become an official applicant for European Union membership on Thursday, in a symbolic but morale-boosting step, ministers and ambassadors said on Tuesday, reported Reuters. Also read: After Stephen Zabielski’s death, US alters landmine policy,EU leaders in Brussels are anticipated to approve the European Commission's suggestion from last week. According to three officials, no opposition among the EU's 27 member states has emerged after several days of private EU negotiations. Jean Asselborn, Luxembourg's foreign affairs minister, told reporters before of a meeting with other EU ministers, We are working towards the point where we tell (Russian President Vladimir) Putin that Ukraine belongs to Europe, that we will also defend the values that Ukraine defends. ,Also read: US Attorney General Garland visits Ukraine to discuss war crimes probe,Moldova is also about to be granted candidate status, according to diplomats, though Georgia must meet conditions, including breaking the country's political gridlock. Despite some reservations among northern EU nations that admitting Ukraine, which suffers from widespread corruption, is feasible, Denmark's foreign minister said he supported the country's candidacy. It's very good and it's something that Denmark whole-heartedly supports; we want to help Ukraine to achieve its European dream, in Luxembourg, Jeppe Kofod informed reporters. Also read: Should Lithuania be worried? Putin issues chilling warning to NATO member,While the EU's candidacy marks a geopolitical eastward turn in response to Russia's war in Ukraine, Kyiv will likely take years, if at all, to become a member of the bloc. Ukraine now has a free trade agreement with the EU, although it applied to join just days after Russia invaded. Moscow claims that its special military operation was prompted in part by Western encroachment on what it considers to be its natural geographical area of influence. So far, Putin has downplayed Ukraine's EU membership.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.8476","longitude":"4.3572","name":"Brussels, Belgium","city":"Brussels"},"keywords":"Ukraine,EU,Russia,Putin,US,Luxembourg,Denmark,European Union,Stephen Zabielski,Brussels,the European Commission's,Jean Asselborn,Russian,Vladimir,Europe","originalPublishedOn":"2022-06-22T00:20:00+05:30"}},{"node":{"id":"GKWBdY0OLxYe","slug":"english/should-lithuania-be-worried-putin-issues-chilling-warning-to-nato-member","slugV2":"world/should-lithuania-be-worried-putin-issues-chilling-warning-to-nato-member-683765/","title":"Should Lithuania be worried? Putin issues chilling warning to NATO member","postType":1,"coverMedia":"/opoyi_08zk42CBp.jpg","coverCaption":"Russian President Vladimir Putin seeks to 'rely' on reliable partners such as China (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-21T19:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003e\u0026nbsp;Lithuania banned the rail transit of sanctioned Russian goods through its territory on Saturday\u003c/li\u003e\n \u003cli\u003eRussian Security Council chief said that the move\u0026nbsp;will carry “serious negative consequences”\u003c/li\u003e\n \u003cli\u003eThis sparked outrage in Moscow as well as a wave of panic-buying in its exclave region\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655816688963,\\\"strCount\\\":2805,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e has threatened serious but undisclosed measures against \u003ca href=\\\\\\\"https://opoyi.com/topics/lithuania/\\\\\\\"\u003eLithuania\u003c/a\u003e over the \u003ca href=\\\\\\\"https://opoyi.com/topics/nato/\\\\\\\"\u003eNATO\u003c/a\u003e member's\u0026nbsp;rail blockade of its exclave Kaliningrad.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Russian Security Council chief Nikolai Patrushev said Tuesday that the move\u0026nbsp;will carry “serious negative consequences” for the Baltic country’s citizens. European Union member Lithuania banned the rail transit of sanctioned Russian goods through its territory on Saturday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"This has sparked outrage in \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e as well as a wave of panic-buying in its exclave region surrounded by \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e and NATO member states.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/putins-invasion-of-ukraine-will-lead-to-his-demise-says-exiled-oligarch-682398/\\\\\\\"\u003ePutin's invasion of Ukraine 'will lead to his demise,' says exiled oligarch\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"This is the first time Russia has issued a direct warning to a NATO member since the beginning of the war in \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“Russia will, of course, respond to hostile actions of this kind,” Patrushev, a close adviser of Russian President Vladimir Putin, said at a security meeting in the Kaliningrad region’s capital of the same name.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“The necessary measures [...] will be introduced shortly. They will have serious negative consequences for residents of Lithuania.”\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Kaliningrad is a strategic region where Russia's Baltic Fleet is headquartered. This has no border with mainland Russia.\u0026nbsp;The region relies heavily on rail transit via Lithuania.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Patrushev condemned Lithuania’s move as “orchestrated by the West against norms and principles of international law.” He said the ban demonstrated that Russia cannot trust “neither verbal nor written promises made by the West.” \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Patrushev's comments came as Russia’s Foreign Ministry summoned the EU’s ambassador to Moscow to discuss the latest tensions in the Baltics.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"During the meeting,\u0026nbsp;Russian diplomats voiced their “strong protest” against “unilateral anti-Russia restrictions” imposed by Lithuania. However,\u0026nbsp;EU Ambassador Markus Ederer stressed that a total blockade was “out of the question.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russian-journalist-dmitry-muratov-sells-nobel-prize-for-ukrainian-children-682751/\\\\\\\"\u003eRussian journalist Dmitry Muratov sells Nobel Prize for Ukrainian children\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“Transit for people and goods not affected by sanctions is operating as normal,” the state-run TASS news agency quoted Ederer as saying after the meeting.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\" “I have asked the Russian side to keep calm and not escalate [the situation] verbally or action-wise and resolve the question diplomatically.”\\\"}}]}","relatedPosts":null,"location":{"name":"Lithuania"},"createdBy":{"name":"Suman V","photo":null,"username":"sumanv","id":"KhO1NvH3W2sk","role":null},"topics":[{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Lithuania","slug":"lithuania","id":"815WLDTR0BkF","isSection":0},{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Suman V","id":"KhO1NvH3W2sk","username":"sumanv","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-21T19:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Russia has threatened serious but undisclosed measures against Lithuania over the NATO member's rail blockade of its exclave Kaliningrad. Russian Security Council chief Nikolai Patrushev said Tuesday that the move will carry “serious negative consequences” for the Baltic country’s citizens. European Union member Lithuania banned the rail transit of sanctioned Russian goods through its territory on Saturday. This has sparked outrage in Moscow as well as a wave of panic-buying in its exclave region surrounded by EU and NATO member states. ,Also Read | Putin's invasion of Ukraine 'will lead to his demise,' says exiled oligarch,This is the first time Russia has issued a direct warning to a NATO member since the beginning of the war in Ukraine. “Russia will, of course, respond to hostile actions of this kind,” Patrushev, a close adviser of Russian President Vladimir Putin, said at a security meeting in the Kaliningrad region’s capital of the same name. ,“The necessary measures [...] will be introduced shortly. They will have serious negative consequences for residents of Lithuania.” ,Kaliningrad is a strategic region where Russia's Baltic Fleet is headquartered. This has no border with mainland Russia. The region relies heavily on rail transit via Lithuania. Patrushev condemned Lithuania’s move as “orchestrated by the West against norms and principles of international law.” He said the ban demonstrated that Russia cannot trust “neither verbal nor written promises made by the West.” ,Patrushev's comments came as Russia’s Foreign Ministry summoned the EU’s ambassador to Moscow to discuss the latest tensions in the Baltics. During the meeting, Russian diplomats voiced their “strong protest” against “unilateral anti-Russia restrictions” imposed by Lithuania. However, EU Ambassador Markus Ederer stressed that a total blockade was “out of the question.”,Also Read | Russian journalist Dmitry Muratov sells Nobel Prize for Ukrainian children,“Transit for people and goods not affected by sanctions is operating as normal,” the state-run TASS news agency quoted Ederer as saying after the meeting. “I have asked the Russian side to keep calm and not escalate [the situation] verbally or action-wise and resolve the question diplomatically.”","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"55.1694","longitude":"23.8813","name":"Lithuania","city":"Kėdainiai"},"keywords":"Russia,Lithuania,NATO,Russian,Moscow,EU,Kaliningrad,Russian Security Council,Nikolai Patrushev,Baltic,European Union,Ukraine,Vladimir Putin,Patrushev,Foreign Ministry","originalPublishedOn":"2022-06-21T19:40:00+05:30"}},{"node":{"id":"MZXeVdazJFwQ","slug":"english/ukraine-may-soon-join-the-european-union-all-you-need-to-know","slugV2":"world/ukraine-may-soon-join-the-european-union-all-you-need-to-know-680508/","title":"Ukraine may soon join the European Union: All you need to know","postType":1,"coverMedia":"/opoyi_NhbR3fbM6PZx.jpg","coverCaption":"Ukraine President Volodymyr Zelensky (Photo Credit: Twitter/@ZelenskyyUa)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-17T00:31:20+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eZelensky has advocated for Ukraine's swift admittance to the EU for long\u003c/li\u003e\n \u003cli\u003eEuropean Commission President Ursula von der Leyen suggested last week, there might soon be a verdict\u003c/li\u003e\n \u003cli\u003eHere's how everything looks presently\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655406081698,\\\"strCount\\\":4767,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"During a brief visit to \u003ca href=\\\\\\\"https://opoyi.com/topics/kyiv/\\\\\\\"\u003eKyiv\u003c/a\u003e last week, European Commission President \u003ca href=\\\\\\\"https://opoyi.com/india/european-commission-president-ursula-von-der-leyen-arrives-in-india-for-2-day-visit-287759/\\\\\\\"\u003eUrsula von der Leyen\u003c/a\u003e met with Ukrainian President \u003ca href=\\\\\\\"https://opoyi.com/india/who-is-volodymyr-zelensky-100184/\\\\\\\"\u003eVolodymyr Zelensky\u003c/a\u003e and informed him of discussions over whether to suggest \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e as a candidate for membership.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"All 27 \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e states would have to agree to grant Ukraine official recognition, following which protracted talks on the necessary reforms would take place before Kyiv could be assessed for membership.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ready-to-put-in-the-work-to-become-eu-member-zelensky-affirms-680552/\\\\\\\"\u003eReady to put in the work to become EU member, Zelensky affirms\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Zelensky has advocated for \u003ca href=\\\\\\\"https://opoyi.com/world/austria-opposes-ukraines-bid-for-european-union-membership-kyiv-is-disappointed-594032/\\\\\\\"\u003eUkraine's swift admittance to the European Union\u003c/a\u003e as a means of decreasing the country's geopolitical fragility in the aftermath of Russia's February 24 invasion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While speaking alongside his Ukrainian, \u003ca href=\\\\\\\"https://opoyi.com/topics/french/\\\\\\\"\u003eFrench\u003c/a\u003e, German, and Italian peers during a historic visit to Kyiv on Thursday, Romanian President Klaus Iohannis asked the European Union to award Ukraine candidacy status, emphasising \\\\\\\"there is no time for hesitancy.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“We are at a turning point in European history,” he stated.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-may-soon-join-the-european-union-all-you-need-to-know-680508/\\\\\\\"\u003eUkraine may soon join the European Union: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“Extraordinary times call for an extraordinary strategic and visionary response. Granting EU candidate status to Ukraine, the Republic of Moldova and \u003ca href=\\\\\\\"https://opoyi.com/topics/georgia/\\\\\\\"\u003eGeorgia\u003c/a\u003e at the European Council next week, is key in building a strong and lasting shield around all values,” he continued.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“It is about our capacity to project security and stability in our neighborhood. There is no time left for hesitancy. Our partners need for us to step up our long-time support to help them build resilience and cope with a wide array of overlapping challenges, either conventional or hybrid,” he concluded.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/separatist-leader-demands-referendum-on-dpr-joining-russia-after-war-ends-680352/\\\\\\\"\u003eSeparatist leader demands referendum on DPR joining Russia after war ends\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Along with him, French President \u003ca href=\\\\\\\"https://opoyi.com/world/a-look-at-emmanuel-macrons-5-year-presidential-reign-272335/\\\\\\\"\u003eEmmanuel Macron\u003c/a\u003e, German Chancellor \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-olaf-scholz-314060/\\\\\\\"\u003eOlaf Scholz\u003c/a\u003e, and Italian Prime Minister \u003ca href=\\\\\\\"https://opoyi.com/world/mario-draghi-veteran-economist-who-is-set-to-become-italys-new-prime-minister-629977/\\\\\\\"\u003eMario Draghi\u003c/a\u003e all expressed support for Ukraine's candidacy for EU membership.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Draghi reiterated his support for Ukraine's bid to join the European Union, saying the EU \\\\\\\"cannot delay this process.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“I want to say today that the most important message of our visit is that \u003ca href=\\\\\\\"https://opoyi.com/topics/italy/\\\\\\\"\u003eItaly\u003c/a\u003e wants Ukraine in the European Union and wants Ukraine to have candidate status and will support this position in the next European Council,” Draghi said during the joint press conference on Thursday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/start-nuclear-treaty-and-where-russia-us-stand-on-it-680267/\\\\\\\"\u003eSTART nuclear treaty and where Russia-US stand on it\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“The Ukrainian people defend every day the values of democracy and freedom that are the basis of the European project, of our project. We cannot delay this process,” Draghi emphasised.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Italian prime minister also stated that Zelensky understood that the journey from candidate to a member of the EU was \\\\\\\"a path, not a point,\\\\\\\" and that \\\\\\\"profound reforms\\\\\\\" in Ukrainian society were required.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/watch-air-raid-sirens-welcome-european-leaders-in-kyiv-680174/\\\\\\\"\u003eWatch | Air raid sirens welcome European leaders in Kyiv\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Draghi also warned that the humanitarian crisis in Ukraine “must not turn into a world catastrophe\\\\\\\" and appealed for safe passages to \\\\\\\"unlock the millions of tons of grain that are blocked in the Black Sea ports.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The only way forward is with a United Nations resolution, which regulates the creation of corridors in the \u003ca href=\\\\\\\"https://opoyi.com/world/after-mariupol-odesa-russian-airstrikes-hit-ukraines-black-sea-port-city-584201/\\\\\\\"\u003eBlack Sea\u003c/a\u003e. \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e has so far rejected it,\\\\\\\" Draghi added.\\\"}}]}","relatedPosts":null,"location":{"name":"Kyiv, Ukraine"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"France","slug":"france","id":"aF0AipAbPtoh","isSection":0},{"name":"Romania","slug":"romania","id":"WSw5Cwk1LjHf","isSection":0},{"name":"Italy","slug":"italy","id":"kgwtQnXQHqXE","isSection":0},{"name":"UrsulaVonDerLeyen","slug":"ursulavonderleyen","id":"H2XHGoMHE428","isSection":0},{"name":"VolodymyrZelensky","slug":"volodymyrzelensky","id":"hj1DIwbZJFvW","isSection":0},{"name":"Georgia","slug":"georgia","id":"blo1guQPr8L9","isSection":0},{"name":"EmmanuelMacron","slug":"emmanuelmacron","id":"awTDrSE0bcZF","isSection":0},{"name":"OlafScholz","slug":"olafscholz","id":"4chjSdc8BCqr","isSection":0},{"name":"Kyiv","slug":"kyiv","id":"Qre36FKI4s3u","isSection":0},{"name":"MarioDraghi","slug":"mariodraghi","id":"I0HyHl0Nu092","isSection":0},{"name":"BlackSea","slug":"blacksea","id":"7zSdoDY0Tt2k","isSection":0},{"name":"UnitedNations","slug":"unitednations","id":"3WFoPkYpAzdF","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-17T00:31:17+05:30","publisher":0,"sourceFeed":null,"cleanText":"During a brief visit to Kyiv last week, European Commission President Ursula von der Leyen met with Ukrainian President Volodymyr Zelensky and informed him of discussions over whether to suggest Ukraine as a candidate for membership. All 27 EU states would have to agree to grant Ukraine official recognition, following which protracted talks on the necessary reforms would take place before Kyiv could be assessed for membership. Also read: Ready to put in the work to become EU member, Zelensky affirms,Zelensky has advocated for Ukraine's swift admittance to the European Union as a means of decreasing the country's geopolitical fragility in the aftermath of Russia's February 24 invasion. While speaking alongside his Ukrainian, French, German, and Italian peers during a historic visit to Kyiv on Thursday, Romanian President Klaus Iohannis asked the European Union to award Ukraine candidacy status, emphasising there is no time for hesitancy. “We are at a turning point in European history,” he stated. ,Also read: Ukraine may soon join the European Union: All you need to know,“Extraordinary times call for an extraordinary strategic and visionary response. Granting EU candidate status to Ukraine, the Republic of Moldova and Georgia at the European Council next week, is key in building a strong and lasting shield around all values,” he continued. “It is about our capacity to project security and stability in our neighborhood. There is no time left for hesitancy. Our partners need for us to step up our long-time support to help them build resilience and cope with a wide array of overlapping challenges, either conventional or hybrid,” he concluded. Also read: Separatist leader demands referendum on DPR joining Russia after war ends,Along with him, French President Emmanuel Macron, German Chancellor Olaf Scholz, and Italian Prime Minister Mario Draghi all expressed support for Ukraine's candidacy for EU membership. Draghi reiterated his support for Ukraine's bid to join the European Union, saying the EU cannot delay this process. “I want to say today that the most important message of our visit is that Italy wants Ukraine in the European Union and wants Ukraine to have candidate status and will support this position in the next European Council,” Draghi said during the joint press conference on Thursday. Also read: START nuclear treaty and where Russia-US stand on it,“The Ukrainian people defend every day the values of democracy and freedom that are the basis of the European project, of our project. We cannot delay this process,” Draghi emphasised. The Italian prime minister also stated that Zelensky understood that the journey from candidate to a member of the EU was a path, not a point, and that profound reforms in Ukrainian society were required. Also read: Watch | Air raid sirens welcome European leaders in Kyiv,Draghi also warned that the humanitarian crisis in Ukraine “must not turn into a world catastrophe and appealed for safe passages to unlock the millions of tons of grain that are blocked in the Black Sea ports. The only way forward is with a United Nations resolution, which regulates the creation of corridors in the Black Sea. Russia has so far rejected it, Draghi added.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.4501","longitude":"30.5234","name":"Kyiv, Ukraine","city":"Kyiv"},"keywords":"Ukraine,EU,Ukrainian,the European Union,Kyiv,Italian,Russia,French,German,European,European Commission,Ursula von der Leyen,Volodymyr Zelensky,Zelensky,Romanian","originalPublishedOn":"2022-06-16T22:32:05+05:30"}},{"node":{"id":"yq0xmRbpVZZf","slug":"english/ready-to-put-in-the-work-to-become-eu-member-zelensky-affirms","slugV2":"world/ready-to-put-in-the-work-to-become-eu-member-zelensky-affirms-680552/","title":"Ready to put in the work to become EU member, Zelensky affirms","postType":1,"coverMedia":"/opoyi_OcxX2ClZH.jpg","coverCaption":"FILE - Ukrainian President Volodymyr Zelensky displayed on a screen as he addresses the audience from Kyiv on a screen during the World Economic Forum in Davos, Switzerland, Monday, May 23, 2022. (AP Photo)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-17T00:24:37+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eZelensky stated on Thursday that Russia's invasion aims 'to break Ukraine and to break the whole of Europe through Ukraine'\u003c/li\u003e\n \u003cli\u003eZelensky informed his counterparts that Ukraine is ready to work towards a EU membership\u003c/li\u003e\n \u003cli\u003eHe clarified that they understood \u0026nbsp;that EU membership was a path, 'not one step'\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655405679129,\\\"strCount\\\":3258,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukraine's President \u003ca href=\\\\\\\"https://opoyi.com/india/who-is-volodymyr-zelensky-100184/\\\\\\\"\u003eVolodymyr Zelensky\u003c/a\u003e stated on Thursday that Russia's invasion aims \\\\\\\"to break Ukraine and to break the whole of \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e through Ukraine.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Zelensky informed his counterparts through a joint press conference in \u003ca href=\\\\\\\"https://opoyi.com/topics/kyiv/\\\\\\\"\u003eKyiv\u003c/a\u003e with German Chancellor \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-olaf-scholz-314060/\\\\\\\"\u003eOlaf Scholz\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/french/\\\\\\\"\u003eFrench\u003c/a\u003e President \u003ca href=\\\\\\\"https://opoyi.com/world/a-look-at-emmanuel-macrons-5-year-presidential-reign-272335/\\\\\\\"\u003eEmmanuel Macron\u003c/a\u003e, Italian Prime Minister \u003ca href=\\\\\\\"https://opoyi.com/usa/key-points-on-russia-ukraine-war-discussed-in-joe-biden-mario-draghi-meet-531325/\\\\\\\"\u003eMario Draghi\u003c/a\u003e, and Romanian President Klaus Iohannis that Russia's aggression on Ukraine was an assault on all of Europe.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ready-to-put-in-the-work-to-become-eu-member-zelensky-affirms-680552/\\\\\\\"\u003eReady to put in the work to become EU member, Zelensky affirms\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Russia wants to demonstrate that united Europe is unable to be effective and that European values do not work for protecting freedom. We can and we should break this scenario and prove them that Europe will continue to be free, democratic and ... united,\\\\\\\" he said.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Zelensky stated that enabling Ukrainian inclusion into the European Union is the best way to demonstrate \\\\\\\"our common and strong position,\\\\\\\" adding that Ukraine's status as a nominee for \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e membership \\\\\\\"can amplify freedom in Europe historically and become one of the key European decisions of the first third of the twenty-first century.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukraine, according to Zelensky, is ready to work towards full EU membership.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-may-soon-join-the-european-union-all-you-need-to-know-680508/\\\\\\\"\u003eUkraine may soon join the European Union: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We understand that the path to the European Union is really a path and it is not one step. But this path must begin, and we are ready to work so that our state is transformed into a full member of the European Union, and Ukrainians have already earned the right to embark on this path,\\\\\\\" he clarified.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"To confront Russian aggression, Ukraine's president has urged EU leaders to grant his country fast-track admission through a shorter procedure.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to Zelensky, the total number of Russian missiles fired against civilians in Ukraine has \\\\\\\"already reached 3,000 this month,\\\\\\\" and the sooner Ukraine receives more advanced weapons from the West, the sooner it would be able to put an end to the Russian attacks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/separatist-leader-demands-referendum-on-dpr-joining-russia-after-war-ends-680352/\\\\\\\"\u003eSeparatist leader demands referendum on DPR joining Russia after war ends\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Each batch of such supplies equals rescued Ukrainians. And every day of delaying or postponing decisions is a chance for the Russian military to kill Ukrainians or a chance to destroy our cities. There is a direct connection: The more powerful weapons we get, the faster we can liberate our people and liberate our land,\\\\\\\" Zelensky stated.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"VolodymyrZelensky","slug":"volodymyrzelensky","id":"hj1DIwbZJFvW","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Kyiv","slug":"kyiv","id":"Qre36FKI4s3u","isSection":0},{"name":"OlafScholz","slug":"olafscholz","id":"4chjSdc8BCqr","isSection":0},{"name":"French","slug":"french","id":"r2aSti22DERa","isSection":0},{"name":"EmmanuelMacron","slug":"emmanuelmacron","id":"awTDrSE0bcZF","isSection":0},{"name":"MarioDraghi","slug":"mariodraghi","id":"I0HyHl0Nu092","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-17T00:24:35+05:30","publisher":0,"sourceFeed":null,"cleanText":"Ukraine's President Volodymyr Zelensky stated on Thursday that Russia's invasion aims to break Ukraine and to break the whole of Europe through Ukraine. Zelensky informed his counterparts through a joint press conference in Kyiv with German Chancellor Olaf Scholz, French President Emmanuel Macron, Italian Prime Minister Mario Draghi, and Romanian President Klaus Iohannis that Russia's aggression on Ukraine was an assault on all of Europe. Also read: Ready to put in the work to become EU member, Zelensky affirms,Russia wants to demonstrate that united Europe is unable to be effective and that European values do not work for protecting freedom. We can and we should break this scenario and prove them that Europe will continue to be free, democratic and ... united, he said. ,Zelensky stated that enabling Ukrainian inclusion into the European Union is the best way to demonstrate our common and strong position, adding that Ukraine's status as a nominee for EU membership can amplify freedom in Europe historically and become one of the key European decisions of the first third of the twenty-first century. Ukraine, according to Zelensky, is ready to work towards full EU membership. Also read: Ukraine may soon join the European Union: All you need to know,We understand that the path to the European Union is really a path and it is not one step. But this path must begin, and we are ready to work so that our state is transformed into a full member of the European Union, and Ukrainians have already earned the right to embark on this path, he clarified. To confront Russian aggression, Ukraine's president has urged EU leaders to grant his country fast-track admission through a shorter procedure. According to Zelensky, the total number of Russian missiles fired against civilians in Ukraine has already reached 3,000 this month, and the sooner Ukraine receives more advanced weapons from the West, the sooner it would be able to put an end to the Russian attacks. Also read: Separatist leader demands referendum on DPR joining Russia after war ends,Each batch of such supplies equals rescued Ukrainians. And every day of delaying or postponing decisions is a chance for the Russian military to kill Ukrainians or a chance to destroy our cities. There is a direct connection: The more powerful weapons we get, the faster we can liberate our people and liberate our land, Zelensky stated.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Ukraine,Europe,Russian,Russia,the European Union,EU,European,Zelensky,Volodymyr Zelensky,Kyiv,German,Olaf Scholz,French,Emmanuel Macron,Italian","originalPublishedOn":"2022-06-16T23:07:26+05:30"}},{"node":{"id":"uASBTJOhRDoU","slug":"english/who-is-denis-pushilin","slugV2":"world/who-is-denis-pushilin-680397/","title":"Who is Denis Pushilin?","postType":1,"coverMedia":"/opoyi_77127ZZzZ.jpg","coverCaption":"Denis Pushilin is the Russia-backed leader of the self-proclaimed Donetsk People’s Republic (DPR). Photo credit: Twitter","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-16T20:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003ePushilin has served as Head of the Donetsk People's Republic since 2018\u003c/li\u003e\n \u003cli\u003eBefore being involved in politics, he\u0026nbsp;ran a Ponzi scheme\u003c/li\u003e\n \u003cli\u003eHe \u0026nbsp;has served in the National Guard of Ukraine in a special assignment battalion in Crimea\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655390050968,\\\"strCount\\\":3096,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Denis Pushilin, who is the Russia-backed leader of the self-proclaimed Donetsk People’s Republic (DPR), demanded a referendum for his region to join \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“A decision on a referendum on the DPR joining Russia will be made after the special military operation is completed,” Pushilin told Russian state media RIA Novosti, adding that the Moscow's invasion of Ukraine\u0026nbsp;would be complete “by the end of the year.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Pushilin has served as Head of the Donetsk People's Republic since 2018. Before being involved in politics, he\u0026nbsp;ran a Ponzi scheme.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/on-xis-birthday-beijing-and-moscow-grow-closer-together-680177/\\\\\\\"\u003eOn Xi’s birthday, Beijing and Moscow grow closer together\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\" He previously served as Chairman of the People's Council, and became the acting Head of State following the assassination of incumbent Alexander Zakharchenko. The assassination came amid\u0026nbsp;the conflict in the east \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e region.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\" He successfully ran for election to a full term in the 2018 elections.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Pushilin, who is born on May 9 1981 in Makiivka, Donetsk Oblast, in the Ukrainian Soviet Socialist Republic, is the son of workers of the Makiivka Metallurgical Factory, Vladimir Pushilin and Valentina Khasanova.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He graduated in 1998 from Makiivka Lyceum No. 1, a school combining secondary and professional education. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"From 1999 to 2000, he served in the National Guard of Ukraine in a special assignment battalion in Crimea.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He studied Enterprise Economics at Donbas National Academy of Civil Engineering and Architecture after leaving the military.\u0026nbsp; \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"From 2002 to 2006, Pushilin worked for a trading firm, Solodkye Zhittya, or \\\\\\\"Sweet Life.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russia-ukraine-war-list-of-new-military-aid-for-kyiv-from-united-states-allies-680042/\\\\\\\"\u003eRussia-Ukraine war: List of new military aid for Kyiv from United States, allies\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On 29 April 2014, the European Union (EU) placed sanctions on Pushilin. Not only did he face an asset freeze, but he also was banned from entering into \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e member states. The move was taken due to his involvement in the Russian annexation of Crimea. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On 20 June 2014, the United States added Pushilin to the Specially Designated Nationals and Blocked Persons List. He is also part of the sanctions list of \u003ca href=\\\\\\\"https://opoyi.com/topics/australia/\\\\\\\"\u003eAustralia\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/canada/\\\\\\\"\u003eCanada\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/norway/\\\\\\\"\u003eNorway\u003c/a\u003e, Liechtenstein and \u003ca href=\\\\\\\"https://opoyi.com/topics/switzerland/\\\\\\\"\u003eSwitzerland\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Talking to Belta News on Thursday,\u0026nbsp;Pushilin condemned\u0026nbsp;Ukraine's shelling in the Donetsk downtown and residential areas, saying that there are no military facilities.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"I would like to thank you for coming here. This helps to spread the truth about what is happening here, without distortion, about how the special military operation is progressing. For us, it is a liberation operation,\\\\\\\" Pushilin said.\\\"}}]}","relatedPosts":null,"location":{"name":"Ukraine"},"createdBy":{"name":"Suman V","photo":null,"username":"sumanv","id":"KhO1NvH3W2sk","role":null},"topics":[{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Australia","slug":"australia","id":"GHNRwuPQRAbw","isSection":0},{"name":"Canada","slug":"canada","id":"Go7uHdKEBarl","isSection":0},{"name":"Norway","slug":"norway","id":"K67MeucnYuIP","isSection":0},{"name":"Switzerland","slug":"switzerland","id":"XrlTJIkRLgyB","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Suman V","id":"KhO1NvH3W2sk","username":"sumanv","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-16T20:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Denis Pushilin, who is the Russia-backed leader of the self-proclaimed Donetsk People’s Republic (DPR), demanded a referendum for his region to join Russia. ,“A decision on a referendum on the DPR joining Russia will be made after the special military operation is completed,” Pushilin told Russian state media RIA Novosti, adding that the Moscow's invasion of Ukraine would be complete “by the end of the year.”,Pushilin has served as Head of the Donetsk People's Republic since 2018. Before being involved in politics, he ran a Ponzi scheme. Also Read | On Xi’s birthday, Beijing and Moscow grow closer together, He previously served as Chairman of the People's Council, and became the acting Head of State following the assassination of incumbent Alexander Zakharchenko. The assassination came amid the conflict in the east Ukraine region. He successfully ran for election to a full term in the 2018 elections. Pushilin, who is born on May 9 1981 in Makiivka, Donetsk Oblast, in the Ukrainian Soviet Socialist Republic, is the son of workers of the Makiivka Metallurgical Factory, Vladimir Pushilin and Valentina Khasanova. He graduated in 1998 from Makiivka Lyceum No. 1, a school combining secondary and professional education. ,From 1999 to 2000, he served in the National Guard of Ukraine in a special assignment battalion in Crimea. He studied Enterprise Economics at Donbas National Academy of Civil Engineering and Architecture after leaving the military. ,From 2002 to 2006, Pushilin worked for a trading firm, Solodkye Zhittya, or Sweet Life. Also Read | Russia-Ukraine war: List of new military aid for Kyiv from United States, allies,On 29 April 2014, the European Union (EU) placed sanctions on Pushilin. Not only did he face an asset freeze, but he also was banned from entering into EU member states. The move was taken due to his involvement in the Russian annexation of Crimea. ,On 20 June 2014, the United States added Pushilin to the Specially Designated Nationals and Blocked Persons List. He is also part of the sanctions list of Australia, Canada, Norway, Liechtenstein and Switzerland. Talking to Belta News on Thursday, Pushilin condemned Ukraine's shelling in the Donetsk downtown and residential areas, saying that there are no military facilities. I would like to thank you for coming here. This helps to spread the truth about what is happening here, without distortion, about how the special military operation is progressing. For us, it is a liberation operation, Pushilin said.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"48.3794","longitude":"31.1656","name":"Ukraine","city":"Novoukrayinka"},"keywords":"Pushilin,Russia,Russian,Ukraine,EU,Denis Pushilin,RIA Novosti,Moscow,the Donetsk People's Republic,Ponzi,the People's Council,Alexander Zakharchenko,Makiivka,Donetsk Oblast,Soviet Socialist Republic","originalPublishedOn":"2022-06-16T20:20:00+05:30"}},{"node":{"id":"pyb2kn6dIYFr","slug":"english/russia-making-billions-amid-war-in-ukraine-europe-its-biggest-customer","slugV2":"world/russia-making-billions-amid-war-in-ukraine-europe-its-biggest-customer-491854/","title":"Russia making billions amid war in Ukraine, Europe its biggest customer","postType":1,"coverMedia":"/opoyi_XkPlBtuOt.jpg","coverCaption":"Russia is earning more from energy exports than it is spending on the Ukraine war. (Photo Credit: Representative Image/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-15T05:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eRussia made more money from energy exports than it spent on the Ukraine invasion in the first 100 days\u003c/li\u003e\n \u003cli\u003eRussia made roughly $1 billion a day, while its war expenses amounted to $326 million\u003c/li\u003e\n \u003cli\u003eEurope is Russia's biggest customer\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655246661917,\\\"strCount\\\":3100,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e made more money from energy exports than it spent on the invasion of Ukraine in the first 100 days since \u003ca href=\\\\\\\"https://opoyi.com/india/who-is-vladimir-putin-217460/\\\\\\\"\u003eVladimir Putin\u003c/a\u003e launched the '\u003ca href=\\\\\\\"https://opoyi.com/india/russian-military-launches-special-operation-in-ukraine-7-things-to-know-256894/\\\\\\\"\u003especial operation\u003c/a\u003e', a new report shows.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the\u0026nbsp;Centre for Research on Energy and Clean Air (CREA), an independent research body based in \u003ca href=\\\\\\\"https://opoyi.com/topics/finland/\\\\\\\"\u003eFinland\u003c/a\u003e, Russia made\u0026nbsp;$97 billion from the export of fossil fuels during the first 100 days of the invasion, roughly $1 billion a day.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Of the\u0026nbsp;$97 billion, Russia made\u0026nbsp;$48 billion from the sale of crude oil alone, while pipeline gas exports accounted for\u0026nbsp;$25 billion. The rest was earned from the export of oil products,\u0026nbsp;liquefied natural gas, and coal.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/global-nuclear-arsenal-projected-to-grow-for-first-time-since-the-cold-war-405163/\\\\\\\"\u003eGlobal nuclear arsenal projected to grow for first time since the Cold War\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Interestingly, the \u003ca href=\\\\\\\"https://opoyi.com/topics/europeanunion/\\\\\\\"\u003eEuropean Union (EU)\u003c/a\u003e alone was responsible for the import of\u0026nbsp;$59 billion worth of energy from Russia in the first 100 days of the invasion, accounting for approximately 61% of Moscow's energy exports.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"What is most notable perhaps is the fact that Russia's daily earnings from energy exports far outdo Putin's expenses on the war in Ukraine, which, according to official statistics, is costing Moscow approximately\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/heres-how-much-the-war-in-ukraine-is-costing-russia-each-day-330026/\\\\\\\"\u003e$326 million a day\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While money from the EU appears to be currently partly financing Russia's very expensive war on Ukraine, Moscow will not be able to count on European money for too long.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/india/war-and-peace-military-shipment-to-neutral-india-on-time-assures-russia-517438/\\\\\\\"\u003eWar and peace: Military shipment to 'neutral' India on-time, assures Russia\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Last month, EU leaders agreed to a new sanctions package for Russia that includes a pledge to reduce Russian energy imports \u003ca href=\\\\\\\"https://opoyi.com/world/eu-agrees-to-partial-ban-on-russian-oil-as-it-looks-to-cut-90-of-imports-605044/\\\\\\\"\u003eby 90%\u003c/a\u003e by the end of the year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"That being said, experts suggest that Russia, the world's third-largest oil producer after the United States and Saudi Arabia, will find \u003ca href=\\\\\\\"https://opoyi.com/india/why-sri-lanka-is-keen-on-welcoming-russian-oil-344486/\\\\\\\"\u003eother customers\u003c/a\u003e for energy exports, with China and India ready to accept discounted Russian crude.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Indeed, if reports are to be believed both Beijing and New Delhi have stepped up oil imports from Russia, with CNBC data suggesting that China's oil imports from Russia have increased three-fold year-on-year. India, meanwhile, has almost doubled its imports, buying 11 million barrels in March, followed by 27 million and 21 million in April and May respectively.\\\"}}]}","relatedPosts":null,"location":{"name":"Moscow, Russia"},"createdBy":{"name":"Shiladitya Ray","photo":"","username":"shiladitya","id":"8PsQOset1365","role":null},"topics":[{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"FossilFuel","slug":"fossilfuel","id":"dmraF1KRplrj","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"International","slug":"international","id":"NYS6J2BBfSdS","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Shiladitya Ray","id":"8PsQOset1365","username":"shiladitya","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-15T05:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Russia made more money from energy exports than it spent on the invasion of Ukraine in the first 100 days since Vladimir Putin launched the 'special operation', a new report shows. According to the Centre for Research on Energy and Clean Air (CREA), an independent research body based in Finland, Russia made $97 billion from the export of fossil fuels during the first 100 days of the invasion, roughly $1 billion a day. Of the $97 billion, Russia made $48 billion from the sale of crude oil alone, while pipeline gas exports accounted for $25 billion. The rest was earned from the export of oil products, liquefied natural gas, and coal. Also read | Global nuclear arsenal projected to grow for first time since the Cold War,Interestingly, the European Union (EU) alone was responsible for the import of $59 billion worth of energy from Russia in the first 100 days of the invasion, accounting for approximately 61% of Moscow's energy exports. What is most notable perhaps is the fact that Russia's daily earnings from energy exports far outdo Putin's expenses on the war in Ukraine, which, according to official statistics, is costing Moscow approximately $326 million a day. While money from the EU appears to be currently partly financing Russia's very expensive war on Ukraine, Moscow will not be able to count on European money for too long. Also read | War and peace: Military shipment to 'neutral' India on-time, assures Russia,Last month, EU leaders agreed to a new sanctions package for Russia that includes a pledge to reduce Russian energy imports by 90% by the end of the year. That being said, experts suggest that Russia, the world's third-largest oil producer after the United States and Saudi Arabia, will find other customers for energy exports, with China and India ready to accept discounted Russian crude. Indeed, if reports are to be believed both Beijing and New Delhi have stepped up oil imports from Russia, with CNBC data suggesting that China's oil imports from Russia have increased three-fold year-on-year. India, meanwhile, has almost doubled its imports, buying 11 million barrels in March, followed by 27 million and 21 million in April and May respectively.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"55.7558","longitude":"37.6173","name":"Moscow, Russia","city":"Moscow"},"keywords":"Russia,Ukraine,Moscow,EU,Russian,China,India,Vladimir Putin,Research on Energy and Clean Air (CREA,Finland,the Cold War Interestingly,the European Union,Putin,European,the United States","originalPublishedOn":"2022-06-15T05:00:00+05:30"}},{"node":{"id":"m0GsDI6j6Hm9","slug":"english/why-ukraine-has-to-now-completely-depend-on-weapons-from-allies","slugV2":"usa/why-ukraine-has-to-now-completely-depend-on-weapons-from-allies-418276/","title":"Why Ukraine has to now completely depend on weapons from allies","postType":1,"coverMedia":"/opoyi_vpHECy7eI.jpg","coverCaption":"Firefighters work to extinguish multiple fires after a Russian attack in Ukraine (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-10T19:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eKyiv's forces are now using arms sent to them by the United States and European NATO allies\u003c/li\u003e\n \u003cli\u003eAt the end of May, the US announced military assistance worth $4.6 billion for Ukraine\u003c/li\u003e\n \u003cli\u003eThe US recently agreed to send M142 High Mobility Artillery Rocket System (HIMARS)\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654867509228,\\\"strCount\\\":2935,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e, which has been fighting Russian forces for more than three months, has to now completely depend on allies for arms as it has\u0026nbsp;depleted its stocks of Soviet and Russian-designed weaponry, \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e military sources say.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukraine, which was once part of the Soviet Union, had built Soviet and Russian-standard equipment, small arms, tanks, howitzers and other weapons. However, since the invasion started on February 24, that equipment has been used up or destroyed in battle, the US sources said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Kyiv's forces are now using arms sent to them by the United States and European NATO allies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/putin-the-great-russian-president-likens-himself-to-17th-century-emperor-594760/\\\\\\\"\u003ePutin 'the Great': Russian President likens himself to 17th century emperor\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"At the end of May, the US announced military assistance worth $4.6 billion for Ukraine, the UK announced military aid worth £1.3 billion, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e declared €2 billion in military support.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite the aid, the \u003ca href=\\\\\\\"https://opoyi.com/topics/west/\\\\\\\"\u003eWest\u003c/a\u003e has been concerned about\u0026nbsp;their advanced weapons technology falling into Russia's hands.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukraine's allies have offered up their own stockpiles of Russian-standard equipment, including tanks and helicopters, to bolster Kyiv's troops.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The United States also tried to gather weapons that would match Ukraine's needs\u0026nbsp;from ex-Soviet countries. However, those are also now\u0026nbsp;used up or destroyed.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"They are gone from the world,\\\\\\\" a US official said of the Soviet and Russian-standard arms.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukrainian forces are now having to shift to unfamiliar arms built to Western specifications. The US is currently sending weapons in stages.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/weapon-of-mass-starvation-ukraine-war-puts-half-a-million-people-at-hunger-risk-295976/\\\\\\\"\u003eWeapon of mass starvation: Ukraine war puts half a million people at hunger risk\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The latest $700 million package announced on June 1 includes four Himars artillery systems, 1,000 Javelin anti-tank missiles and four Soviet-standard Mi-17 helicopters. It also includes 15,000 howitzer shells, 15 light armored vehicles and other ammunition.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The US has also agreed to send M142 High Mobility Artillery Rocket System (HIMARS), which fires precision-guided rockets that can hit targets up to 70km (45 miles) away.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, Russian President\u0026nbsp;Vladimir Putin\u0026nbsp;has warned the West that it will expand the list of targets in Ukraine if countries send long-range weapons to \u003ca href=\\\\\\\"https://opoyi.com/topics/kyiv/\\\\\\\"\u003eKyiv\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"White House officials said they agreed to send the rockets only after Ukrainian President Volodymyr Zelensky assured them that they would not use the weapons to attack targets inside \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e.\\\"}}]}","relatedPosts":null,"location":{"name":"Ukraine"},"createdBy":{"name":"Suman V","photo":null,"username":"sumanv","id":"KhO1NvH3W2sk","role":null},"topics":[{"name":"Kyiv","slug":"kyiv","id":"Qre36FKI4s3u","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"VolodymyrZelensky","slug":"volodymyrzelensky","id":"hj1DIwbZJFvW","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"WhiteHouse","slug":"whitehouse","id":"D8eqiqcxFZ1c","isSection":0},{"name":"Putin","slug":"putin","id":"ovA5x3iHSAu3","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"West","slug":"west","id":"vXDG8jHHCMD1","isSection":0},{"name":"UK","slug":"uk","id":"rBpj9Yi57Sni","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Suman V","id":"KhO1NvH3W2sk","username":"sumanv","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-10T19:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Ukraine, which has been fighting Russian forces for more than three months, has to now completely depend on allies for arms as it has depleted its stocks of Soviet and Russian-designed weaponry, US military sources say. ,Ukraine, which was once part of the Soviet Union, had built Soviet and Russian-standard equipment, small arms, tanks, howitzers and other weapons. However, since the invasion started on February 24, that equipment has been used up or destroyed in battle, the US sources said. Kyiv's forces are now using arms sent to them by the United States and European NATO allies. Also Read | Putin 'the Great': Russian President likens himself to 17th century emperor,At the end of May, the US announced military assistance worth $4.6 billion for Ukraine, the UK announced military aid worth £1.3 billion, while the EU declared €2 billion in military support. ,Despite the aid, the West has been concerned about their advanced weapons technology falling into Russia's hands. Ukraine's allies have offered up their own stockpiles of Russian-standard equipment, including tanks and helicopters, to bolster Kyiv's troops. The United States also tried to gather weapons that would match Ukraine's needs from ex-Soviet countries. However, those are also now used up or destroyed. ,They are gone from the world, a US official said of the Soviet and Russian-standard arms. Ukrainian forces are now having to shift to unfamiliar arms built to Western specifications. The US is currently sending weapons in stages. Also Read | Weapon of mass starvation: Ukraine war puts half a million people at hunger risk,The latest $700 million package announced on June 1 includes four Himars artillery systems, 1,000 Javelin anti-tank missiles and four Soviet-standard Mi-17 helicopters. It also includes 15,000 howitzer shells, 15 light armored vehicles and other ammunition. The US has also agreed to send M142 High Mobility Artillery Rocket System (HIMARS), which fires precision-guided rockets that can hit targets up to 70km (45 miles) away. However, Russian President Vladimir Putin has warned the West that it will expand the list of targets in Ukraine if countries send long-range weapons to Kyiv. White House officials said they agreed to send the rockets only after Ukrainian President Volodymyr Zelensky assured them that they would not use the weapons to attack targets inside Russia.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"48.3794","longitude":"31.1656","name":"Ukraine","city":"Novoukrayinka"},"keywords":"Ukraine,US,Russian,Soviet,Russia,the Soviet Union,the United States,European NATO,UK,EU,West,Kyiv,The United States,ex-Soviet,Ukrainian","originalPublishedOn":"2022-06-10T19:20:00+05:30"}},{"node":{"id":"UqWDwGiEjnZ9","slug":"english/will-india-increase-russian-oil-imports-via-rosneft","slugV2":"india/will-india-increase-russian-oil-imports-via-rosneft-580681/","title":"Will India increase Russian oil imports via Rosneft","postType":1,"coverMedia":"/opoyi_HtW8NAR5Mdd-.jpg","coverCaption":"Will India increase Russian oil imports via Rosneft. (Photo Credit: Unsplash/representational)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-06T21:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eIndia is reportedly trying to increase its Russian oil imports\u003c/li\u003e\n \u003cli\u003eState-owned refiners are willing to take steeply discounted supplies from Rosneft PJSC\u003c/li\u003e\n \u003cli\u003eAll this while international players are refusing to do business with Moscow because of its invasion of Ukraine\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654529251207,\\\"strCount\\\":5574,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"India is trying to increase its \u003ca href=\\\\\\\"https://opoyi.com/world/eu-agrees-to-partial-ban-on-russian-oil-as-it-looks-to-cut-90-of-imports-605044/\\\\\\\"\u003eRussian oil imports\u003c/a\u003e, with state-owned refiners willing to take more steeply discounted supplies from \u003ca href=\\\\\\\"https://opoyi.com/usa/did-russia-accidentally-blow-up-own-oil-refinery-rosneft-in-ukraine-233978/\\\\\\\"\u003eRosneft\u003c/a\u003e PJSC while international players refuse to do business with \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e because of its \u003ca href=\\\\\\\"https://opoyi.com/world/china-refuses-to-label-russian-move-into-ukraine-as-invasion-242872/\\\\\\\"\u003einvasion of Ukraine\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to persons familiar with the companies' procurement plans, state processors are working together to finalise and secure fresh 6-month supply contracts for \u003ca href=\\\\\\\"https://opoyi.com/world/oil-prices-rise-as-european-union-prepares-to-ban-russian-crude-539810/\\\\\\\"\u003eRussian crude\u003c/a\u003e to India, reported Bloomberg. Cargoes are being solicited from Rosneft on a delivered basis, with the seller handling shipping and insurance, the sources claimed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/putin-ally-issues-warning-for-ukraine-special-operation-within-days-238202/\\\\\\\"\u003ePutin ally issues warning for Ukraine: 'Special operation' within days\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the Bloomberg report, if these supply arrangements are reached, they will be in addition to the supplies that India now receives from \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e under previous agreements. Volumes and pricing are now being negotiated, with Indian banks poised to fully finance all shipments, according to persons who asked not to be named since the conversations are private. As prominent international dealers such as Glencore Plc wind down their deals, Indian refiners would increasingly purchase straight from Russian enterprises such as Rosneft, they noted.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Indian Oil Corp, Hindustan Petroleum, and Bharat Petroleum are state refiners, while Reliance Industries and Nayara Energy, which is partially controlled by Rosneft, are private processors. Procurement actions for both public and private companies are carried out independently. When approached by Bloomberg, representatives from the three main state-owned enterprises were unable to comment immediately.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/will-never-break-up-entirely-what-us-told-russia-about-embassy-closure-221562/\\\\\\\"\u003e'Will never break up entirely,' What US told Russia about embassy closure\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Both state-owned and privately-owned facilities in \u003ca href=\\\\\\\"https://opoyi.com/india/us-says-india-buying-russian-oil-not-violation-of-sanctions-463806/\\\\\\\"\u003eIndia have increased their purchases of Russian oil\u003c/a\u003e as the United States, United Kingdom, and \u003ca href=\\\\\\\"https://opoyi.com/world/hungary-retracts-support-from-eu-sanctions-targetting-russian-oil-exports-193562/\\\\\\\"\u003eEuropean Union imposed sanctions\u003c/a\u003e and trade restrictions, causing most customers to flee and offer levels to plummet. Last month, a record volume of Russian crude was being shipped to India and \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e as European purchasers rushed for substitutes and looked as far as the United Arab Emirates for options. The resulting panic and rerouting of global oil flows has boosted oil by more than 20% since Russia invaded Ukraine in late February.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Refiners in Asia's second-largest oil buyer have seen increased profits from converting cheap crude into fuels supplied both locally and on the export market to clients in Europe and the United States. Russian crude is just one component of India's overall crude oil feedstock basket, which also includes long-term and spot imports from the Middle East and Africa.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/nato-starts-massive-baltic-sea-naval-drill-with-aspirants-finland-sweden-511614/\\\\\\\"\u003eNATO starts massive Baltic Sea naval drill with aspirants Finland, Sweden\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The possible increase in Russian crude purchases will certainly weigh on the South \u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e country's spot imports, according to the people. According to Bloomberg projections based on trade data, India purchased more than 40 million barrels of Russian oil between late February and early May, which is around 20% more than total flows for 2021. According to Kpler data, Russian oil arrivals into India in May were 740,000 barrels per day, up from 284,000 barrels in April and 34,000 barrels a year earlier.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Whilst India's imports of Russian crude are neither unlawful or in violation of any sanctions, the \u003ca href=\\\\\\\"https://opoyi.com/topics/biden/\\\\\\\"\u003eBiden\u003c/a\u003e government and the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e have pressed the country to avoid conducting trade with Moscow in order to cut off the Kremlin's access to oil earnings and money. The Asian country has reaffirmed that its Russian imports are insignificant in comparison to European purchases, accounting for only a small portion of the country's overall consumption.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/beer-prices-in-london-have-hit-an-all-time-high-heres-why-652139/\\\\\\\"\u003eBeer prices in London have hit an all-time high, here's why\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cheap Russian oil has brought some comfort to India, which imports more than 85 percent of its oil, just as inflation and food and fuel prices continue to rise. Access to inexpensive crude is already increasing India's oil imports, which increased nearly 16 percent year on year in April. According to oil ministry data, the Eurasian region's proportion of oil, which includes Russia, increased to 10.6 percent in April from 3.3 percent the previous year.\\\"}}]}","relatedPosts":null,"location":{"name":"New Delhi, Delhi, India"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"OIL","slug":"oil","id":"dV662lz0IyvS","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"UnitedKingdom","slug":"unitedkingdom","id":"ZT6urOP4Pu5S","isSection":0},{"name":"Biden","slug":"biden","id":"w3aFjwvXbPeA","isSection":0},{"name":"Asian","slug":"asian","id":"nmNTdCK1480o","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Kremlin","slug":"kremlin","id":"KutgAA8VnxSK","isSection":0},{"name":"Africa","slug":"africa","id":"16S5b0vzines","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-06T21:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"India is trying to increase its Russian oil imports, with state-owned refiners willing to take more steeply discounted supplies from Rosneft PJSC while international players refuse to do business with Moscow because of its invasion of Ukraine. According to persons familiar with the companies' procurement plans, state processors are working together to finalise and secure fresh 6-month supply contracts for Russian crude to India, reported Bloomberg. Cargoes are being solicited from Rosneft on a delivered basis, with the seller handling shipping and insurance, the sources claimed. Also read: Putin ally issues warning for Ukraine: 'Special operation' within days,According to the Bloomberg report, if these supply arrangements are reached, they will be in addition to the supplies that India now receives from Russia under previous agreements. Volumes and pricing are now being negotiated, with Indian banks poised to fully finance all shipments, according to persons who asked not to be named since the conversations are private. As prominent international dealers such as Glencore Plc wind down their deals, Indian refiners would increasingly purchase straight from Russian enterprises such as Rosneft, they noted. Indian Oil Corp, Hindustan Petroleum, and Bharat Petroleum are state refiners, while Reliance Industries and Nayara Energy, which is partially controlled by Rosneft, are private processors. Procurement actions for both public and private companies are carried out independently. When approached by Bloomberg, representatives from the three main state-owned enterprises were unable to comment immediately. Also read: 'Will never break up entirely,' What US told Russia about embassy closure,Both state-owned and privately-owned facilities in India have increased their purchases of Russian oil as the United States, United Kingdom, and European Union imposed sanctions and trade restrictions, causing most customers to flee and offer levels to plummet. Last month, a record volume of Russian crude was being shipped to India and China as European purchasers rushed for substitutes and looked as far as the United Arab Emirates for options. The resulting panic and rerouting of global oil flows has boosted oil by more than 20% since Russia invaded Ukraine in late February. Refiners in Asia's second-largest oil buyer have seen increased profits from converting cheap crude into fuels supplied both locally and on the export market to clients in Europe and the United States. Russian crude is just one component of India's overall crude oil feedstock basket, which also includes long-term and spot imports from the Middle East and Africa. Also read: NATO starts massive Baltic Sea naval drill with aspirants Finland, Sweden,The possible increase in Russian crude purchases will certainly weigh on the South Asian country's spot imports, according to the people. According to Bloomberg projections based on trade data, India purchased more than 40 million barrels of Russian oil between late February and early May, which is around 20% more than total flows for 2021. According to Kpler data, Russian oil arrivals into India in May were 740,000 barrels per day, up from 284,000 barrels in April and 34,000 barrels a year earlier. Whilst India's imports of Russian crude are neither unlawful or in violation of any sanctions, the Biden government and the EU have pressed the country to avoid conducting trade with Moscow in order to cut off the Kremlin's access to oil earnings and money. The Asian country has reaffirmed that its Russian imports are insignificant in comparison to European purchases, accounting for only a small portion of the country's overall consumption. Also read: Beer prices in London have hit an all-time high, here's why,Cheap Russian oil has brought some comfort to India, which imports more than 85 percent of its oil, just as inflation and food and fuel prices continue to rise. Access to inexpensive crude is already increasing India's oil imports, which increased nearly 16 percent year on year in April. According to oil ministry data, the Eurasian region's proportion of oil, which includes Russia, increased to 10.6 percent in April from 3.3 percent the previous year.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"28.6139","longitude":"77.209","name":"New Delhi, Delhi, India","city":"Delhi"},"keywords":"Russian,India,Russia,Moscow,Ukraine,Rosneft,Indian,the United States,European,Glencore Plc,Indian Oil Corp,Hindustan Petroleum,Bharat Petroleum,Reliance Industries,Nayara Energy","originalPublishedOn":"2022-06-06T21:20:00+05:30"}},{"node":{"id":"sAycSacnrZp3","slug":"english/week-in-review-sensex-nifty-rise-as-investors-weigh-economic-data","slugV2":"india/week-in-review-sensex-nifty-rise-as-investors-weigh-economic-data-533710/","title":"Week in review: Sensex, Nifty rise as investors weigh economic data","postType":1,"coverMedia":"https://ik.imagekit.io/o8plo3y5if/opoyi_b_LsTEdpT.jpg","coverCaption":"Japan's factory production fell sharply in April as a result of China's COVID-19 lockdowns and broader supply disruptions. (Photo credit: Representational/ Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-06T07:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eSensex gained 884.57 points or 1.61% to close the week on Friday, June 3, 2022 at 55,769.23\u003c/li\u003e\n \u003cli\u003eIndia's GDP grew by 4.1% YoY in Q4 FY22, compared to 5.4% in Q3 FY22.\u003c/li\u003e\n \u003cli\u003eGST revenues fell 16% to Rs 1.41 lakh crore in May, from a record high of Rs 1.68 lakh crore in April\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654478481253,\\\"strCount\\\":7519,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Domestic market indexes rose for the third week in a row as investors weighed inflation and economic data. The developments in the Russia-Ukraine war stayed in the spotlight.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u0026nbsp; Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-6-2022-239732/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 6, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Nifty finished above 16,550. The Sensex gained 884.57 points, or 1.61%, in the week ending June 3, 2022, to conclude at 55,769.23. The Nifty rose 231.85 points, or 1.42%, to 16,584.30. The BSE Mid-Cap index gained 1.14% to 22,774.98. The BSE Small-Cap index rose 2.98% to 26,384.14.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/exports-grew-15-in-may-trade-deficit-widens-to-2333-billion-201005/\\\\\\\"\u003eExports grew 15% in May, trade deficit widens to $23.33 billion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eHow equity benchmarks performed on a weekly basis:\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eMonday, May 30, 2022\u0026nbsp;\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Monday, the benchmark indexes finished with strong increases. Sensex increased 1041.08 points, or 1.90%, to 55,925.74.Nifty rose 308.95 points, or 1.89%, to 16,661.40.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTuesday, May 31, 2022\u0026nbsp;\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Tuesday, the benchmark indexes finished with minor losses. Sensex fell 359.33 points, or 0.64%, to 55,566.41.\u0026nbsp; Nifty dropped 76.85 points, or 0.46% to 16,584.55.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/upi-transactions-cross-rs-10-lakh-crore-milestone-in-may-159043/\\\\\\\"\u003eUPI transactions cross Rs 10 lakh crore milestone in May\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWednesday, June 1, 2022\u0026nbsp;\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wednesday, the leading equity indices closed with minor losses. Sensex, fell 185.24 points, or 0.33%, to 55,381.17. Nifty dropped 61.80 points, or 0.37%, to 16,522.75.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\\\\\"\u003eExplained: Impact of MPC meeting on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eThursday, June 2, 2022\u0026nbsp;\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Thursday, the domestic stock gauges finished with robust increases.\u0026nbsp; Sensex increased 436.94 points, or 0.79%, to 55,818.11. Nifty gained 105.25 points, or 0.64%, to 16,628.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/india-q4-gdp-eight-core-industries-grow-84-in-april-hitting-six-months-high-249544/\\\\\\\"\u003eIndia Q4 GDP: Eight core industries grow 8.4% in April hitting six months high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eFriday, June 3, 2022\u0026nbsp;\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Friday, the domestic market indices erased intraday gains and finished with minor losses. Sensex lost 48.88 points, or 0.09%, to 55,769.23. Nifty fell 43.70 points or 0.26% to 16,584.30.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/gdp-manufacturing-sector-falls-02-owing-to-high-input-prices-159854/\\\\\\\"\u003eIndia Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat happened in the Global markets:\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eIndia\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"GST revenues fell 16% to Rs 1.41 lakh crore in May, from a record high of Rs 1.68 lakh crore in April, according to statistics issued by the finance ministry on June 1.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-india-can-fight-ransomware-attacks-260225/\\\\\\\"\u003eHow India can fight ransomware attacks\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The seasonally adjusted S\u0026amp;P Global \u003ca href=\\\\\\\"https://opoyi.com/india/\\\\\\\"\u003eIndia\u003c/a\u003e Manufacturing Purchasing Managers' Index (PMI) stood at 54.6 in May, little changed from 54.7 in April, pointing to a sustained recovery across the sector.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/theres-a-buffer-why-imfs-gita-gopinath-thinks-risk-of-a-recession-is-low-228497/\\\\\\\"\u003e'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"India's GDP grew by 4.1% year over year in Q4 FY22, compared to 5.4% in Q3 FY22. Gross Value Added (GVA) increased 3.9% year on year in the fourth quarter, excluding the effects of subsidies and indirect taxes. GDP increased 8.7% year on year over the whole fiscal year, contrary to a 6.6% decrease in FY21. GVA increased by 8.1% year on year in FY22, following a decline of 4.8% in FY21.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In April 2022, the combined Index of Eight Core Industries was 143.2, up 8.4% (provisional) from the Index in April 2021.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-inflation-affects-rbis-interest-rate-policy-329823/\\\\\\\"\u003eHow inflation affects RBI’s interest rate policy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"India's merchandise exports increased by 15.46% to $37.29 billion in May 2022, owing to strong performance by sectors like petroleum products, electronic goods, and chemicals, despite a $23.33 billion trade deficit during the month. Imports increased by 56.14% to $60.62 billion during the month. The rise was led by a rise in petroleum and crude oil imports by 91.6% to $18.14 billion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eChina\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"China's official manufacturing Purchasing Managers' Index for May was 49.6, up from 47.4 in April but still below the 50-point threshold that distinguishes expansion from contraction. On Wednesday, China's Caixin/Markit manufacturing Purchasing Managers' Index for May came in at 48.1, an increase above April's reading of 46 but still below the 50-level separating growth from contraction.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-how-the-crypto-landscape-has-changed-in-india-420099/\\\\\\\"\u003eExplained: How the crypto landscape has changed in India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eJapan\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Japan's factory production fell sharply in April as a result of China's COVID-19 lockdowns and broader supply disruptions. Factory output fell 1.3% in April compared to the previous month, according to official figures released on Tuesday. Separate figures show that retail sales increased 2.9% year on year in April, the largest increase since May 2021.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-crypto-donations-are-skyrocketing-worldwide-explained-628527/\\\\\\\"\u003eWhy crypto donations are skyrocketing worldwide: Explained\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eEurope\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to data, German EU-harmonized inflation was 8.7% year on year in May, up from 7.8% in April. \u003ca href=\\\\\\\"https://opoyi.com/topics/french/\\\\\\\"\u003eFrench\u003c/a\u003e inflation also exceeded forecasts in May, reaching a new high of 5.8%, up from 5.4% in April, according to preliminary statistics released on Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following negotiations at a conference in Brussels, the European Union agreed to a ban on most Russian oil imports. The president of the European Council, Charles Michel, hailed the deal as a \\\\\\\"remarkable achievement”, after tweeting on Monday night that sanctions will immediately impact 75% of Russian oil imports, “cutting a huge source of financing for its war machine”. pipeline to their territory.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003eWhy interest rates are being hiked globally?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eUnited States\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the United States, the core personal consumption expenditures price index increased 4.9% in April, falling from 5.2% the preceding month. \u0026nbsp;Consumer expenditure in the United States increased more than predicted in April, as consumers increased their purchases of goods and services. Last month, consumer expenditure climbed by 0.9%. The March data was revised higher, with outlays racing at 1.4% rather than 1.1% as initially reported.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"WeekInReview","slug":"weekinreview","id":"xhYRg6SQMNHj","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Sensex","slug":"sensex","id":"MhfKMlGWFTBF","isSection":0},{"name":"Nifty","slug":"nifty","id":"2JvkXElbbqnQ","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Japan","slug":"japan","id":"anJhzDRc6xxB","isSection":0},{"name":"French","slug":"french","id":"r2aSti22DERa","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-06T07:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Domestic market indexes rose for the third week in a row as investors weighed inflation and economic data. The developments in the Russia-Ukraine war stayed in the spotlight. Also Read| Trade Setup: Top 15 things to know before market opens on June 6, 2022,The Nifty finished above 16,550. The Sensex gained 884.57 points, or 1.61%, in the week ending June 3, 2022, to conclude at 55,769.23. The Nifty rose 231.85 points, or 1.42%, to 16,584.30. The BSE Mid-Cap index gained 1.14% to 22,774.98. The BSE Small-Cap index rose 2.98% to 26,384.14. ,Also Read| Exports grew 15% in May, trade deficit widens to $23.33 billion,How equity benchmarks performed on a weekly basis:,Monday, May 30, 2022 ,On Monday, the benchmark indexes finished with strong increases. Sensex increased 1041.08 points, or 1.90%, to 55,925.74.Nifty rose 308.95 points, or 1.89%, to 16,661.40. ,Tuesday, May 31, 2022 ,On Tuesday, the benchmark indexes finished with minor losses. Sensex fell 359.33 points, or 0.64%, to 55,566.41. Nifty dropped 76.85 points, or 0.46% to 16,584.55. Also Read| UPI transactions cross Rs 10 lakh crore milestone in May,Wednesday, June 1, 2022 ,On Wednesday, the leading equity indices closed with minor losses. Sensex, fell 185.24 points, or 0.33%, to 55,381.17. Nifty dropped 61.80 points, or 0.37%, to 16,522.75. ,Also Read| Explained: Impact of MPC meeting on stock market,Thursday, June 2, 2022 ,On Thursday, the domestic stock gauges finished with robust increases. Sensex increased 436.94 points, or 0.79%, to 55,818.11. Nifty gained 105.25 points, or 0.64%, to 16,628. Also Read| India Q4 GDP: Eight core industries grow 8.4% in April hitting six months high,Friday, June 3, 2022 ,On Friday, the domestic market indices erased intraday gains and finished with minor losses. Sensex lost 48.88 points, or 0.09%, to 55,769.23. Nifty fell 43.70 points or 0.26% to 16,584.30. Also Read| India Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices,What happened in the Global markets:,India,GST revenues fell 16% to Rs 1.41 lakh crore in May, from a record high of Rs 1.68 lakh crore in April, according to statistics issued by the finance ministry on June 1. Also Read| How India can fight ransomware attacks,The seasonally adjusted S\u0026P Global India Manufacturing Purchasing Managers' Index (PMI) stood at 54.6 in May, little changed from 54.7 in April, pointing to a sustained recovery across the sector. Also Read| 'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low,India's GDP grew by 4.1% year over year in Q4 FY22, compared to 5.4% in Q3 FY22. Gross Value Added (GVA) increased 3.9% year on year in the fourth quarter, excluding the effects of subsidies and indirect taxes. GDP increased 8.7% year on year over the whole fiscal year, contrary to a 6.6% decrease in FY21. GVA increased by 8.1% year on year in FY22, following a decline of 4.8% in FY21. Also Read| How US Fed rate hike impacts the Indian rupee,In April 2022, the combined Index of Eight Core Industries was 143.2, up 8.4% (provisional) from the Index in April 2021. Also Read| How inflation affects RBI’s interest rate policy,India's merchandise exports increased by 15.46% to $37.29 billion in May 2022, owing to strong performance by sectors like petroleum products, electronic goods, and chemicals, despite a $23.33 billion trade deficit during the month. Imports increased by 56.14% to $60.62 billion during the month. The rise was led by a rise in petroleum and crude oil imports by 91.6% to $18.14 billion. Also Read| Explained: Changes in repo rates and their impact on stock market,China,China's official manufacturing Purchasing Managers' Index for May was 49.6, up from 47.4 in April but still below the 50-point threshold that distinguishes expansion from contraction. On Wednesday, China's Caixin/Markit manufacturing Purchasing Managers' Index for May came in at 48.1, an increase above April's reading of 46 but still below the 50-level separating growth from contraction. Also Read| Explained: How the crypto landscape has changed in India,Japan,Japan's factory production fell sharply in April as a result of China's COVID-19 lockdowns and broader supply disruptions. Factory output fell 1.3% in April compared to the previous month, according to official figures released on Tuesday. Separate figures show that retail sales increased 2.9% year on year in April, the largest increase since May 2021. Also Read| Why crypto donations are skyrocketing worldwide: Explained,Europe,According to data, German EU-harmonized inflation was 8.7% year on year in May, up from 7.8% in April. French inflation also exceeded forecasts in May, reaching a new high of 5.8%, up from 5.4% in April, according to preliminary statistics released on Tuesday. Also Read| Why US inflation is going up and when will it come down,Following negotiations at a conference in Brussels, the European Union agreed to a ban on most Russian oil imports. The president of the European Council, Charles Michel, hailed the deal as a remarkable achievement”, after tweeting on Monday night that sanctions will immediately impact 75% of Russian oil imports, “cutting a huge source of financing for its war machine”. pipeline to their territory. Also Read| Why interest rates are being hiked globally?,United States,In the United States, the core personal consumption expenditures price index increased 4.9% in April, falling from 5.2% the preceding month. Consumer expenditure in the United States increased more than predicted in April, as consumers increased their purchases of goods and services. Last month, consumer expenditure climbed by 0.9%. The March data was revised higher, with outlays racing at 1.4% rather than 1.1% as initially reported.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"China,India,Japan,Russian,the United States,Russia,the finance ministry,S Global India Manufacturing Purchasing Managers',PMI,Q4 FY22,Q3 FY22.,GVA,FY22,Core Industries,Caixin/Markit manufacturing Purchasing Managers',Week in review","originalPublishedOn":"2022-06-06T07:30:00+05:30"}},{"node":{"id":"phRXp2X12fBG","slug":"english/indias-10-year-bond-yield-rises-to-three-week-high","slugV2":"business/indias-10-year-bond-yield-rises-to-three-week-high-481973/","title":"India's 10-year bond yield rises to three-week high","postType":1,"coverMedia":"/opoyi_ZTZ588g-2.jpg","coverCaption":"The RBI monetary policy committee will announce its next policy decision on June 8 (Photo Credit: Representative Image/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-31T19:56:34+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eIndia’s benchmark 10-year bond yield touched a three-week high\u003c/li\u003e\n \u003cli\u003eOil prices extended gains after EU agreed to cut oil imports from Russia\u003c/li\u003e\n \u003cli\u003eIndia imports around 85% of its oil needs\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654007193626,\\\"strCount\\\":2928,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"India’s benchmark 10-year bond yield touched a three-week high in early trade on Tuesday, as global crude oil prices increased further raising concerns over the need for the central bank to tighten monetary policy aggressively to curb inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The benchmark bond yield was trading at 7.46% by 06.06 GMT, its highest since May 9.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/indias-real-gdp-growth-stands-at-87-in-fy2022-168444/\\\\\\\"\u003eIndia's real GDP growth stands at 8.7% in FY2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil prices extended gains after the European Union (EU) agreed to cut oil imports from \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e, raising concerns of a tighter market, which is already strained for supplies amid rising demand ahead of peak \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e and European summer driving season reported Reuters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"”Crude is holding above $120 a barrel. It is likely to keep the upward pressure on domestic inflation, so expectations that inflation will start easing may not necessarily materialise,” a senior trader at a foreign bank said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/eurozone-inflation-soars-to-record-81-amid-rising-energy-and-food-costs-536456/\\\\\\\"\u003eEurozone inflation soars to record 8.1% amid rising energy and food costs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/india/\\\\\\\"\u003eIndia\u003c/a\u003e imports around 85% of its oil needs and high crude prices push up imported inflation. Traders will be looking at the GDP data due on May 31 for short-term hints.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Asia’s third-largest economy probably grew 4.0% in the January-March quarter from a year-ago period, according to a Reuters poll. That would be the slowest growth in a year, following 5.4% growth in the previous quarter.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/vodafone-idea-share-rises-10-on-reports-of-rs-20000-crore-investment-plan-126746/\\\\\\\"\u003eVodafone Idea share rises 10% on reports of Rs 20,000 crore investment plan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to the latest Reuters poll conducted after the off-cycle 40 basis point rate increase earlier in May, 14 out of 53 economists expect the \u003ca href=\\\\\\\"https://opoyi.com/topics/rbi/\\\\\\\"\u003eRBI\u003c/a\u003e to increase by 35 basis points to 4.75% in June, 20 expect a larger hike ranging from 40-75 basis points, while 10 expect a 50 basis points hike.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The RBI monetary policy committee will announce its next policy decision on June 8.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The RBI’s key focus is to bring inflation down closer to target but it cannot disregard the concerns around growth, Governor Shaktikanta Das told the Economic Times.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/lic-share-falls-over-2-after-reporting-18-yoy-decline-in-q4-pat-238411/\\\\\\\"\u003eLIC share falls over 2% after reporting 18% YoY decline in Q4 PAT\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“The MPC next week will be the key trigger now. Depending on today’s GDP data, we need to see if they stick to a potential 50 bps rate increase or go for something smaller to protect growth,” Reuters quoted a senior dealer with a private bank as saying.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"GDP","slug":"gdp","id":"sdLvX0aD0qHh","isSection":0},{"name":"MonetaryPolicy","slug":"monetarypolicy","id":"mzgUA7dig5kk","isSection":0},{"name":"RBI","slug":"rbi","id":"mmhRjdCmZCj0","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"ShaktikantaDas","slug":"shaktikantadas","id":"PmizC3GAgJQS","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-31T19:56:33+05:30","publisher":0,"sourceFeed":null,"cleanText":"India’s benchmark 10-year bond yield touched a three-week high in early trade on Tuesday, as global crude oil prices increased further raising concerns over the need for the central bank to tighten monetary policy aggressively to curb inflation. The benchmark bond yield was trading at 7.46% by 06.06 GMT, its highest since May 9. Also Read | India's real GDP growth stands at 8.7% in FY2022,Oil prices extended gains after the European Union (EU) agreed to cut oil imports from Russia, raising concerns of a tighter market, which is already strained for supplies amid rising demand ahead of peak US and European summer driving season reported Reuters. ”Crude is holding above $120 a barrel. It is likely to keep the upward pressure on domestic inflation, so expectations that inflation will start easing may not necessarily materialise,” a senior trader at a foreign bank said. Also Read | Eurozone inflation soars to record 8.1% amid rising energy and food costs,India imports around 85% of its oil needs and high crude prices push up imported inflation. Traders will be looking at the GDP data due on May 31 for short-term hints. Asia’s third-largest economy probably grew 4.0% in the January-March quarter from a year-ago period, according to a Reuters poll. That would be the slowest growth in a year, following 5.4% growth in the previous quarter. Also Read | Vodafone Idea share rises 10% on reports of Rs 20,000 crore investment plan,According to the latest Reuters poll conducted after the off-cycle 40 basis point rate increase earlier in May, 14 out of 53 economists expect the RBI to increase by 35 basis points to 4.75% in June, 20 expect a larger hike ranging from 40-75 basis points, while 10 expect a 50 basis points hike. The RBI monetary policy committee will announce its next policy decision on June 8. The RBI’s key focus is to bring inflation down closer to target but it cannot disregard the concerns around growth, Governor Shaktikanta Das told the Economic Times. Also Read | LIC share falls over 2% after reporting 18% YoY decline in Q4 PAT,“The MPC next week will be the key trigger now. Depending on today’s GDP data, we need to see if they stick to a potential 50 bps rate increase or go for something smaller to protect growth,” Reuters quoted a senior dealer with a private bank as saying.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"India,the European Union,EU,Russia,US,European,Asia,RBI,The RBI monetary policy committee,Shaktikanta Das,the Economic Times,MPC,10-year bond yield, bond yield, india bond yields, benchmark bond yields","originalPublishedOn":"2022-05-31T19:56:33+05:30"}},{"node":{"id":"Npv68QhPjAW9","slug":"english/sensex-falls-over-400-points-while-nifty-around-16540-in-early-trade","slugV2":"business/sensex-falls-over-400-points-while-nifty-around-16540-in-early-trade-449329/","title":"Sensex falls over 400 points while Nifty around 16,540 in early trade","postType":1,"coverMedia":"/opoyi_ng5ZckyZu.jpg","coverCaption":"Sensex dropped more than 400 points on Tuesday. (Photo credit: Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-31T10:31:09+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eSensex was down 406.66 points at 55,519.08 while Nifty dropped 119.4 points to 16,542\u003c/li\u003e\n \u003cli\u003eRupee fell 13 paise to 77.67 per dollar in early trade\u003c/li\u003e\n \u003cli\u003eBrent crude rose 0.91% to USD 122.78 per barrel\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653973269211,\\\"strCount\\\":3030,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"After a three-day surge, benchmark indexes fell on Tuesday, with the Sensex losing 407 points in early trade, pulled down by selling in index heavyweights \u003ca href=\\\\\\\"https://opoyi.com/topics/infosys/\\\\\\\"\u003eInfosys\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/tcs/\\\\\\\"\u003eTCS\u003c/a\u003e, and HDFC.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Sensex was down 406.66 points at 55,519.08. The NSE Nifty dropped 119.4 points to 16,542.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-lic-sun-pharma-irctc-and-others-in-news-today-401967/\\\\\\\"\u003eTrending Stocks: LIC, Sun Pharma, IRCTC and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/titan/\\\\\\\"\u003eTitan\u003c/a\u003e, Infosys, HDFC, HCL Technologies, Hindustan Unilever, TCS, Sun Pharma, RIL, and Kotak Mahindra Bank were the main laggards in the Sensex pack. M\u0026amp;M, Tata Steel, Power Grid, Maruti Suzuki, and NTPC, on the other hand, gained.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-may-31-2022-536431/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on May 31, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Markets in \u003ca href=\\\\\\\"https://opoyi.com/topics/seoul/\\\\\\\"\u003eSeoul\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/shanghai/\\\\\\\"\u003eShanghai\u003c/a\u003e, Hong Kong, and \u003ca href=\\\\\\\"https://opoyi.com/topics/tokyo/\\\\\\\"\u003eTokyo\u003c/a\u003e were all quoting with advances elsewhere in Asia. On Monday, the stock markets in the United States were closed for a holiday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Sensex rallied 1,041.08 points or 1.90% to settle at 55,925.74 on Monday. The Nifty jumped 308.95 points or 1.89% to close at 16,661.40.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-tuesday-may-31-2022-305688/\\\\\\\"\u003eStocks that should be on your watchlist on Tuesday, May 31, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to stock exchange statistics, foreign institutional investors became net purchasers on Monday, buying shares worth Rs 502.08 crore.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fuel-price-may-31-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-281673/\\\\\\\"\u003eFuel price May 31, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The dominant factor determining the market direction, going forward, would be the trend in the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e market, which, in turn, would be determined by the inflation in the US and the Fed's response to it.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/crypto-fear-and-greed-index-on-tuesday-may-31-2022-483700/\\\\\\\"\u003eCrypto Fear and Greed Index on Tuesday, May 31, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"A major headwind for the Indian economy and markets is crude spiking above USD 120 on \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e sanctions on Russian oil,\\\\\\\" said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/bulk-deals-manglam-sold-primesecu-shares-jaya-bought-stake-in-kshitijpol-457057/\\\\\\\"\u003eBulk Deals: Manglam sold PRIMESECU shares, Jaya bought stake in KSHITIJPOL\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, Brent crude, the international oil standard, rose 0.91% to USD 122.78 per barrel. The rupee fell 13 paise to 77.67 per dollar in early trade on Tuesday, driven down by a rise in crude oil prices.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"BSE","slug":"bse","id":"2seBd7Lyb8z6","isSection":0},{"name":"NSE","slug":"nse","id":"74WQDLQfPQDQ","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Nifty","slug":"nifty","id":"2JvkXElbbqnQ","isSection":0},{"name":"Sensex","slug":"sensex","id":"MhfKMlGWFTBF","isSection":0},{"name":"HongKong","slug":"hongkong","id":"NjExvisxSkdf","isSection":0},{"name":"Shanghai","slug":"shanghai","id":"xMXKjwe1VUvc","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"TataSteel","slug":"tatasteel","id":"fwaz5zdvBeK4","isSection":0},{"name":"Seoul","slug":"seoul","id":"IKa02lK4rMhn","isSection":0},{"name":"Titan","slug":"titan","id":"SYu7cx64bZqO","isSection":0},{"name":"Infosys","slug":"infosys","id":"GGpdVFKVfB9t","isSection":0},{"name":"Tokyo","slug":"tokyo","id":"Ee9xq687hhH0","isSection":0},{"name":"MarutiSuzuki","slug":"marutisuzuki","id":"j4RF2tcJ4KCJ","isSection":0},{"name":"TCS","slug":"tcs","id":"uHQa458DR7HX","isSection":0},{"name":"NTPC","slug":"ntpc","id":"gC0zj8wUoeAZ","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Auto","slug":"autoindustry","id":"ZkUQBhcdJNGk","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-31T10:31:08+05:30","publisher":0,"sourceFeed":null,"cleanText":"After a three-day surge, benchmark indexes fell on Tuesday, with the Sensex losing 407 points in early trade, pulled down by selling in index heavyweights Infosys, TCS, and HDFC. The Sensex was down 406.66 points at 55,519.08. The NSE Nifty dropped 119.4 points to 16,542. Also Read| Trending Stocks: LIC, Sun Pharma, IRCTC and others in news today,Titan, Infosys, HDFC, HCL Technologies, Hindustan Unilever, TCS, Sun Pharma, RIL, and Kotak Mahindra Bank were the main laggards in the Sensex pack. M\u0026M, Tata Steel, Power Grid, Maruti Suzuki, and NTPC, on the other hand, gained. Also Read| Trade Setup: Top 15 things to know before market opens on May 31, 2022,Markets in Seoul, Shanghai, Hong Kong, and Tokyo were all quoting with advances elsewhere in Asia. On Monday, the stock markets in the United States were closed for a holiday. The Sensex rallied 1,041.08 points or 1.90% to settle at 55,925.74 on Monday. The Nifty jumped 308.95 points or 1.89% to close at 16,661.40. Also Read| Stocks that should be on your watchlist on Tuesday, May 31, 2022,According to stock exchange statistics, foreign institutional investors became net purchasers on Monday, buying shares worth Rs 502.08 crore. Also Read| Fuel price May 31, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi,The dominant factor determining the market direction, going forward, would be the trend in the US market, which, in turn, would be determined by the inflation in the US and the Fed's response to it. Also Read| Crypto Fear and Greed Index on Tuesday, May 31, 2022,A major headwind for the Indian economy and markets is crude spiking above USD 120 on EU sanctions on Russian oil, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Also Read| Bulk Deals: Manglam sold PRIMESECU shares, Jaya bought stake in KSHITIJPOL,Meanwhile, Brent crude, the international oil standard, rose 0.91% to USD 122.78 per barrel. The rupee fell 13 paise to 77.67 per dollar in early trade on Tuesday, driven down by a rise in crude oil prices.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Infosys,TCS,US,Sensex,HDFC,The NSE Nifty,Titan,HCL Technologies,Hindustan Unilever,Sun Pharma,RIL,Kotak Mahindra Bank,Tata Steel,Power Grid,Maruti Suzuki,Sensex today, nifty today, sensex share price, SGX nifty today, crude oil price today, forex today, A","originalPublishedOn":"2022-05-31T10:31:08+05:30"}},{"node":{"id":"RYlgFfCfCt0z","slug":"english/as-west-cuts-oil-ties-with-russia-putin-looks-elsewhere","slugV2":"usa/as-west-cuts-oil-ties-with-russia-putin-looks-elsewhere-529269/","title":"As West cuts oil ties with Russia, Putin looks elsewhere","postType":1,"coverMedia":"/opoyi_mWxuTx6DD.jpg","coverCaption":"Russian President Vladimir Putin (Photo Credit: PTI)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-30T22:49:46+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eEuropean sanctions have forced Russia to look elsewhere to sell its oil\u003c/li\u003e\n \u003cli\u003eMoscow is battling sanctions on oil from EU and United States\u003c/li\u003e\n \u003cli\u003eSerbia is set to sign a gas deal with Russia soon\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653931185342,\\\"strCount\\\":2908,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russian\\\\ninvasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e has triggered forces that have cut Moscow’s ties to the\\\\nworld. Europe, \u003ca href=\\\\\\\"https://opoyi.com/world/russian-oil-embargo-hangs-heavy-as-european-union-leaders-gather-235227/\\\\\\\"\u003edependent on Russian energy\u003c/a\u003e for decades, has cut ties political\\\\nties with \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e and is trying hard to end its energy dependence as well.\\\\nSanction-torn, Putin’s \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e is now trying to wean itself of the European\\\\nmarket and is moving massive ships of oil to Asia. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Russian oil flow\\\\ninto Asia has increased by nearly 50% since the beginning of 2022, according to\\\\nPetro Logistics, a tanker-tracker. While this forms only a marginal amount of\\\\n\u003ca href=\\\\\\\"https://opoyi.com/topics/sea/\\\\\\\"\u003esea\u003c/a\u003e trade, Russian oil flow into Asia signals the biggest rerouting of oil\\\\nmarkets since the United States shale revolution altered the way the market\\\\nmoved.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/russian-oil-embargo-hangs-heavy-as-european-union-leaders-gather-235227/\\\\\\\"\u003eRussian oil embargo hangs heavy as European Union leaders gather\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The\\\\nreconfiguration of markets also proves that Russia will be able to navigate the\\\\ncurbs imposed by European Union and the United States. Experts who spoke to\\\\nReuters said even if the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e agrees to an oil ban on Russia in its next round of\\\\nsanctions, its impact could be tempered by demand from Asia. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Nearly 400,000\\\\nbarrels per day (bpd) of oil per day moves from Russia towards Asia through\\\\nship-to-ship transfers through the Mediterranean Sea. This is in addition to\\\\nthe 2.3 million bpd going directly. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Sea borne volumes\\\\nare only a fraction of the total oil export from Russia. A significant amount\\\\nof oil is also transferred through pipeline supplies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/why-serbia-cant-turn-down-russian-oil-123761/\\\\\\\"\u003eWhy Serbia can't turn down Russian oil\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Amid Russia\\\\nfinding success in selling oil outside Europe, \u003ca href=\\\\\\\"https://opoyi.com/topics/serbia/\\\\\\\"\u003eSerbia\u003c/a\u003e, a landlocked nation in\\\\nSoutheast Europe has secured a \u003ca href=\\\\\\\"https://opoyi.com/world/why-serbia-cant-turn-down-russian-oil-123761/\\\\\\\"\u003esolid gas deal with Russia\u003c/a\u003e. Serbian President\\\\nAleksander Vucic said recently that he has secured an “extremely favourable” gas\\\\ndeal with Russia. “What I can tell you is that we have agreed on the main\\\\nelements that are very favourable for Serbia,” he said. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Serbia has long\\\\nsought to join the European Union. However, if the gas deal goes through, which\\\\nis expected to be signed in June, the nation’s EU hopes may be dashed. That,\\\\nhowever, might not prevent Serbia from signing the deal. Polls, reported by Al\\\\nJazeera, show most Serbians would rather sign with Moscow in order to remain\\\\nindependent of Western interference than join the EU. \u0026nbsp;\\\"}}]}","relatedPosts":null,"location":{"name":"Moscow, Russia"},"createdBy":{"name":"Sammya Mukhopadhyay","photo":"https://opoyi.com/images/opoyi_3P8-dIXou.jpg?tr=w-600,q-70,dpr","username":"sammya","id":"eHHzkYx6brHC","role":null},"topics":[{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"UkraineWar","slug":"ukrainewar","id":"snT3HYwRn8bZ","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Serbia","slug":"serbia","id":"Ix4rzLILWE7I","isSection":0},{"name":"sea","slug":"sea","id":"GX9rzHK7kvmH","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Putin","slug":"putin","id":"ovA5x3iHSAu3","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sammya Mukhopadhyay","id":"eHHzkYx6brHC","username":"sammya","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-30T22:49:45+05:30","publisher":0,"sourceFeed":null,"cleanText":"The Russian invasion of Ukraine has triggered forces that have cut Moscow’s ties to the world. Europe, dependent on Russian energy for decades, has cut ties political ties with Moscow and is trying hard to end its energy dependence as well. Sanction-torn, Putin’s Russia is now trying to wean itself of the European market and is moving massive ships of oil to Asia. ,Russian oil flow into Asia has increased by nearly 50% since the beginning of 2022, according to Petro Logistics, a tanker-tracker. While this forms only a marginal amount of sea trade, Russian oil flow into Asia signals the biggest rerouting of oil markets since the United States shale revolution altered the way the market moved. Also Read | Russian oil embargo hangs heavy as European Union leaders gather,The reconfiguration of markets also proves that Russia will be able to navigate the curbs imposed by European Union and the United States. Experts who spoke to Reuters said even if the EU agrees to an oil ban on Russia in its next round of sanctions, its impact could be tempered by demand from Asia. ,Nearly 400,000 barrels per day (bpd) of oil per day moves from Russia towards Asia through ship-to-ship transfers through the Mediterranean Sea. This is in addition to the 2.3 million bpd going directly. ,Sea borne volumes are only a fraction of the total oil export from Russia. A significant amount of oil is also transferred through pipeline supplies. Also Read | Why Serbia can't turn down Russian oil,Amid Russia finding success in selling oil outside Europe, Serbia, a landlocked nation in Southeast Europe has secured a solid gas deal with Russia. Serbian President Aleksander Vucic said recently that he has secured an “extremely favourable” gas deal with Russia. “What I can tell you is that we have agreed on the main elements that are very favourable for Serbia,” he said. ,Serbia has long sought to join the European Union. However, if the gas deal goes through, which is expected to be signed in June, the nation’s EU hopes may be dashed. That, however, might not prevent Serbia from signing the deal. Polls, reported by Al Jazeera, show most Serbians would rather sign with Moscow in order to remain independent of Western interference than join the EU.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"55.7558","longitude":"37.6173","name":"Moscow, Russia","city":"Moscow"},"keywords":"Russia,Asia,Russian,Moscow,Serbia,Europe,EU,Ukraine,Putin,European,Petro Logistics,United States,European Union,the United States,the Mediterranean Sea","originalPublishedOn":"2022-05-30T14:45:00+05:30"}},{"node":{"id":"CAxbTzoWDTlZ","slug":"english/russian-oil-embargo-hangs-heavy-as-european-union-leaders-gather","slugV2":"world/russian-oil-embargo-hangs-heavy-as-european-union-leaders-gather-235227/","title":"Russian oil embargo hangs heavy as European Union leaders gather","postType":1,"coverMedia":"/opoyi_M6wSLjqZS.jpg","coverCaption":"Russian oil embargo hangs heavy as European Union leaders gather (Photo Credit: Unsplash/Representational)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-30T13:41:26+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eEuropean Union leaders will gather Monday in a new show of solidarity with Ukraine\u003c/li\u003e\n \u003cli\u003eDivisions over whether to target Russian oil in a new series of sanctions hangs heavy\u003c/li\u003e\n \u003cli\u003eZelensky will address the gathering by videoconference\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653898286302,\\\"strCount\\\":3639,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/eu-leaders-to-visit-kyiv-amidst-extended-curfew-as-russian-attack-of-ukraine-persists-363602/\\\\\\\"\u003eEuropean Union leaders\u003c/a\u003e will gather Monday in a new show of solidarity with \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e but divisions over whether to target \u003ca href=\\\\\\\"https://opoyi.com/world/why-serbia-cant-turn-down-russian-oil-123761/\\\\\\\"\u003eRussian oil\u003c/a\u003e in a new series of sanctions are exposing the limits of how far the bloc can go to help the war-torn country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Ukrainian President\u003ca href=\\\\\\\"https://opoyi.com/india/who-is-volodymyr-zelensky-100184/\\\\\\\"\u003e Volodymyr Zelenskyy\u003c/a\u003e, who will address the 27 heads of state and government by videoconference in the evening, has repeatedly demanded that the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e target Russia’s lucrative energy sector and deprive \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e of billions of dollars each day in supply payments.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-serbia-cant-turn-down-russian-oil-123761/\\\\\\\"\u003eWhy Serbia can't turn down Russian oil\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"But Hungary is leading a group of countries – along with \u003ca href=\\\\\\\"https://opoyi.com/topics/slovakia/\\\\\\\"\u003eSlovakia\u003c/a\u003e, the Czech Republic and \u003ca href=\\\\\\\"https://opoyi.com/topics/bulgaria/\\\\\\\"\u003eBulgaria\u003c/a\u003e – that rely on Russian oil and can't afford to take such steps. Hungary gets more than 60% of its oil from Russia and 85% of its natural gas. Prime Minister Viktor Orban has insisted that an oil embargo should not be discussed at the summit.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The EU has already slapped five rounds of sanctions on Russia over its actions in Ukraine. It’s targeted more than 1,000 people, including President Vladimir Putin and top government officials, as well as pro-Kremlin oligarchs, banks, the coal sector and more.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A sixth package was announced on May 4, but the hold up over oil is embarrassing the bloc. Ahead of the summit, officials suggested that a solution might be found by targeting oil transported by ships and holding fire on the pipeline oil so valuable to Hungary.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ukraines-kalush-orchestra-sell-eurovision-prize-for-drones-to-fight-russia-311442/\\\\\\\"\u003eUkraine's Kalush Orchestra sell Eurovision prize for drones to fight Russia\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“If we target the oil arriving by sea, we’ll hit at least two thirds of exports, perhaps more,” a senior EU official said. He declined to be named given the sensitive nature of the negotiations. Hungary and Slovakia depend on Russian oil they receives through the Soviet-era Druzhba pipeline.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The problem with hitting sea transported oil is that countries like \u003ca href=\\\\\\\"https://opoyi.com/topics/belgium/\\\\\\\"\u003eBelgium\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e and the \u003ca href=\\\\\\\"https://opoyi.com/topics/netherlands/\\\\\\\"\u003eNetherlands\u003c/a\u003e most reliant on that form would suffer a surge in oil prices, distorting competition because Hungary would still be purchasing cheaper Russian oil. Experts failed to reach agreement on such a move over the weekend but continued their talks ahead of the summit.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-volodymyr-zelensky-fired-kharkivs-top-security-services-officer-379453/\\\\\\\"\u003eWhy Volodymyr Zelensky fired Kharkiv's top security services officer\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The two-day meeting in Brussels will also focus on continued EU financial support to Ukraine – probably the endorsement of a 9 billion-euro ($9.7 billion) tranche of assistance – and on military help and war crimes investigations.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The issue of food security will be on the table on Tuesday, with the leaders set to encourage their governments speed up work on “solidarity lanes” to help Ukraine export grain and other produce.\\\"}}]}","relatedPosts":null,"location":{"name":"Brussels, Belgium"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"OIL","slug":"oil","id":"dV662lz0IyvS","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"VolodymyrZelensky","slug":"volodymyrzelensky","id":"hj1DIwbZJFvW","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Bulgaria","slug":"bulgaria","id":"arICZsQzo7oH","isSection":0},{"name":"Belgium","slug":"belgium","id":"yz7HQh4wj5nD","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Slovakia","slug":"slovakia","id":"ioLK4MRUGemx","isSection":0},{"name":"ViktorOrban","slug":"viktororban","id":"4gvgO4eftjiJ","isSection":0},{"name":"Netherlands","slug":"netherlands","id":"O5Ed5Plr9eJo","isSection":0},{"name":"Hungary","slug":"hungary","id":"fapqhgNUCuVR","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-30T13:41:24+05:30","publisher":0,"sourceFeed":"d0d4144c84749f","cleanText":"European Union leaders will gather Monday in a new show of solidarity with Ukraine but divisions over whether to target Russian oil in a new series of sanctions are exposing the limits of how far the bloc can go to help the war-torn country. Ukrainian President Volodymyr Zelenskyy, who will address the 27 heads of state and government by videoconference in the evening, has repeatedly demanded that the EU target Russia’s lucrative energy sector and deprive Moscow of billions of dollars each day in supply payments. Also read: Why Serbia can't turn down Russian oil,But Hungary is leading a group of countries – along with Slovakia, the Czech Republic and Bulgaria – that rely on Russian oil and can't afford to take such steps. Hungary gets more than 60% of its oil from Russia and 85% of its natural gas. Prime Minister Viktor Orban has insisted that an oil embargo should not be discussed at the summit. The EU has already slapped five rounds of sanctions on Russia over its actions in Ukraine. It’s targeted more than 1,000 people, including President Vladimir Putin and top government officials, as well as pro-Kremlin oligarchs, banks, the coal sector and more. A sixth package was announced on May 4, but the hold up over oil is embarrassing the bloc. Ahead of the summit, officials suggested that a solution might be found by targeting oil transported by ships and holding fire on the pipeline oil so valuable to Hungary. Also read: Ukraine's Kalush Orchestra sell Eurovision prize for drones to fight Russia,“If we target the oil arriving by sea, we’ll hit at least two thirds of exports, perhaps more,” a senior EU official said. He declined to be named given the sensitive nature of the negotiations. Hungary and Slovakia depend on Russian oil they receives through the Soviet-era Druzhba pipeline. The problem with hitting sea transported oil is that countries like Belgium, Germany and the Netherlands most reliant on that form would suffer a surge in oil prices, distorting competition because Hungary would still be purchasing cheaper Russian oil. Experts failed to reach agreement on such a move over the weekend but continued their talks ahead of the summit. Also read: Why Volodymyr Zelensky fired Kharkiv's top security services officer,The two-day meeting in Brussels will also focus on continued EU financial support to Ukraine – probably the endorsement of a 9 billion-euro ($9.7 billion) tranche of assistance – and on military help and war crimes investigations. The issue of food security will be on the table on Tuesday, with the leaders set to encourage their governments speed up work on “solidarity lanes” to help Ukraine export grain and other produce.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.8476","longitude":"4.3572","name":"Brussels, Belgium","city":"Brussels"},"keywords":"Hungary,Ukraine,Russian,EU,Russia,European Union,Ukrainian,Volodymyr Zelenskyy,Moscow,Slovakia,the Czech Republic,Bulgaria,Viktor Orban,Vladimir Putin,pro-Kremlin","originalPublishedOn":"2022-05-30T13:41:24+05:30"}},{"node":{"id":"u2PRS2jU6WNA","slug":"english/why-belarus-finds-itself-mired-in-russia-ukraine-conflict","slugV2":"usa/why-belarus-finds-itself-mired-in-russia-ukraine-conflict-568263/","title":"Why Belarus finds itself mired in Russia-Ukraine conflict","postType":1,"coverMedia":"/opoyi_RcwKzyYL_.jpg","coverCaption":"Russian Emergency Situations Ministry workers disassemble a destroyed building in Mariupol, in territory under the government of the Donetsk People's Republic, eastern Ukraine (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-28T16:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBelarus was part of the Soviet Union until 1991\u003c/li\u003e\n \u003cli\u003eSurrounded by several NATO members, Belarus remained neutral\u003c/li\u003e\n \u003cli\u003eBelarus President Alexander Lukashenko is considered beholden to Putin\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653735949208,\\\"strCount\\\":4744,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/belarus/\\\\\\\"\u003eBelarus\u003c/a\u003e, locked on\\\\nall sides by competing political processes, finds itself mired in the\\\\n\u003ca href=\\\\\\\"https://opoyi.com/world/russia-ukraine-conflict-a-brief-history-312130/\\\\\\\"\u003eRussia-Ukraine war\u003c/a\u003e. Surrounded by \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e in the north and northeast, \u003ca href=\\\\\\\"https://opoyi.com/topics/poland/\\\\\\\"\u003ePoland\u003c/a\u003e to\\\\nthe \u003ca href=\\\\\\\"https://opoyi.com/topics/west/\\\\\\\"\u003ewest\u003c/a\u003e, Lithuania and \u003ca href=\\\\\\\"https://opoyi.com/topics/latvia/\\\\\\\"\u003eLatvia\u003c/a\u003e to the northwest and \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e to the south, the\\\\nAlexander Lukashenko-led nation has actively sided with \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e in \u003ca href=\\\\\\\"https://opoyi.com/world/west-lacking-unity-over-ukraine-war-says-volodymyr-zelensky-127927/\\\\\\\"\u003eVladimir\\\\nPutin’s invasion of Ukraine\u003c/a\u003e. But that has placed the former Soviet partner at\\\\nodds with much of the West, which has had massive economic and political\\\\nconsequences. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Trouble came to\\\\nBelarus when Moscow sent troops near the nation’s southern borders for a joint\\\\nmilitary drill. Putin had promised that the troops will be back home in\\\\nFebruary. Instead, on February 24, Moscow’s troops invaded Ukraine. Belarus has\\\\nsince been regarded as a Russian ally, therefore snubbed by the West.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/why-worlds-dependence-on-russia-oil-may-trigger-a-global-recession-415833/\\\\\\\"\u003eWhy world’s dependence on Russia oil may trigger a global recession\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Belarus’\\\\npositioning with regard to the Russia-Ukraine crisis has attracted sanctions\\\\nfrom the European Union (EU), United States and the United Kingdom. The\\\\nsanctions on Belarus are nearly as severe as are on Russia. Although, it’s not\\\\nas if that the Russian invasion of Ukraine is the only reason why Lukashenko’s\\\\ngovernment is attracting sanctions.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/in-a-bid-to-free-themselves-belarusians-join-ukraines-war-against-russia-567041/\\\\\\\"\u003eIn a bid to free themselves, Belarusians join Ukraine's war against Russia\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In 2020, Belarus\\\\nfaced major sanctions because of Lukashenko’s crackdown on pro-democracy\\\\nprotestors. In 2021, more sanctions came after Belarus diverted a \u003ca href=\\\\\\\"https://opoyi.com/topics/ryanair/\\\\\\\"\u003eRyanair\u003c/a\u003e\\\\nflight to Minsk to arrest a \u003ca href=\\\\\\\"https://opoyi.com/topics/lukashenko/\\\\\\\"\u003eLukashenko\u003c/a\u003e critic. The United States has taken a\\\\nvery strong position against Lukashenko and the sanctions have had a major impact\\\\non the eastern European nation’s economy. \u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eA brief\\\\nhistory of Belarus \u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Until 1991, that\\\\nis till the fall of the Soviet Union, Belarus was part of the socialist block.\\\\nAfter the fall, most former Soviet states veered towards the West. Belarus,\\\\nhowever, remained an exception. As the West’s \u003ca href=\\\\\\\"https://opoyi.com/usa/what-is-nato-121571/\\\\\\\"\u003eNorth Atlantic Treaty Organization\u003c/a\u003e (NATO) sought to become more and more powerful in eastern Europe\\\\nby \u003ca href=\\\\\\\"https://opoyi.com/world/retaliatory-move-russia-suspends-power-supply-to-finland-332712/\\\\\\\"\u003eenlisting former Soviet states\u003c/a\u003e into its fold, Belarus stood with Russia. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Alexander\\\\nLukashenko, who has led the country since 1994, has positioned Belarus as a\\\\nneutral nation amid several competing hegemonic forces. It has allied with the Russia\\\\nand even at times with the West depending upon its local needs. However, the\\\\nWest’s view of Lukashenko as an authoritarian leader has brought him closer to\\\\nVladimir Putin. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat Putin\\\\nexpects of Lukashenko\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Vladimir Putin has\\\\nbeen a staunch ally of the Lukashenko government. Things came to a turn in 2020,\\\\nwhen Lukashenko won a controversial election with 80% of the vote. Protests\\\\nerupted across the nation and the government took very strong steps to curb the\\\\ncrisis. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, the\\\\nprotests soon turned too big for Lukashenko to contest. It was at that moment\\\\nthat Vladimir Putin stepped in. The former KGB operative turned Russian\\\\npresident said that Moscow’s army stood ready to intervene whenever necessary. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The magnitude of\\\\nthe protests was such that Lukashenko actually feared of an ouster. Putin’s\\\\nwords came as much-needed support. While Russia did not have to directly\\\\nintervene, Lukashenko went on a rampage arresting protestors left and right.\\\\nHis government was also accused of human rights abuses. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat will\\\\nBelarus do\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Belarus’ leader\\\\nsays it will not get directly involved with the crisis. Russian forces, however,\\\\ncontinue to be present. Putin’s motive in attacking Ukraine was to extend\\\\nMoscow’s sphere of influence. In such an effort, Putin might also see Belarus\\\\nas a space that he seeks to bring under his comprehensive iron hands.\\\\nMeanwhile, foreign policy think tanks say, Lukashenko’s regime is fast losing\\\\npopular support. \\\"}}]}","relatedPosts":null,"location":{"name":"Minsk, Belarus"},"createdBy":{"name":"Sammya Mukhopadhyay","photo":"https://opoyi.com/images/opoyi_3P8-dIXou.jpg?tr=w-600,q-70,dpr","username":"sammya","id":"eHHzkYx6brHC","role":null},"topics":[{"name":"UkraineWar","slug":"ukrainewar","id":"snT3HYwRn8bZ","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Latvia","slug":"latvia","id":"Hud4B77FwLqg","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Ryanair","slug":"ryanair","id":"YJsmnc1Qmigb","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Belarus","slug":"belarus","id":"ks3dN39vvOQu","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"AlexanderLukashenko","slug":"alexanderlukashenko","id":"orLU45Q57ucZ","isSection":0},{"name":"West","slug":"west","id":"vXDG8jHHCMD1","isSection":0},{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"Lukashenko","slug":"lukashenko","id":"y6tuLrXgSqy7","isSection":0},{"name":"Poland","slug":"poland","id":"eME2RBs6F4x4","isSection":0},{"name":"Lithuania","slug":"lithuania","id":"815WLDTR0BkF","isSection":0},{"name":"Putin","slug":"putin","id":"ovA5x3iHSAu3","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sammya Mukhopadhyay","id":"eHHzkYx6brHC","username":"sammya","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-28T16:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Belarus, locked on all sides by competing political processes, finds itself mired in the Russia-Ukraine war. Surrounded by Russia in the north and northeast, Poland to the west, Lithuania and Latvia to the northwest and Ukraine to the south, the Alexander Lukashenko-led nation has actively sided with Moscow in Vladimir Putin’s invasion of Ukraine. But that has placed the former Soviet partner at odds with much of the West, which has had massive economic and political consequences. ,Trouble came to Belarus when Moscow sent troops near the nation’s southern borders for a joint military drill. Putin had promised that the troops will be back home in February. Instead, on February 24, Moscow’s troops invaded Ukraine. Belarus has since been regarded as a Russian ally, therefore snubbed by the West. Also Read | Why world’s dependence on Russia oil may trigger a global recession,Belarus’ positioning with regard to the Russia-Ukraine crisis has attracted sanctions from the European Union (EU), United States and the United Kingdom. The sanctions on Belarus are nearly as severe as are on Russia. Although, it’s not as if that the Russian invasion of Ukraine is the only reason why Lukashenko’s government is attracting sanctions. Also Read | In a bid to free themselves, Belarusians join Ukraine's war against Russia,In 2020, Belarus faced major sanctions because of Lukashenko’s crackdown on pro-democracy protestors. In 2021, more sanctions came after Belarus diverted a Ryanair flight to Minsk to arrest a Lukashenko critic. The United States has taken a very strong position against Lukashenko and the sanctions have had a major impact on the eastern European nation’s economy. ,A brief history of Belarus ,Until 1991, that is till the fall of the Soviet Union, Belarus was part of the socialist block. After the fall, most former Soviet states veered towards the West. Belarus, however, remained an exception. As the West’s North Atlantic Treaty Organization (NATO) sought to become more and more powerful in eastern Europe by enlisting former Soviet states into its fold, Belarus stood with Russia. ,Alexander Lukashenko, who has led the country since 1994, has positioned Belarus as a neutral nation amid several competing hegemonic forces. It has allied with the Russia and even at times with the West depending upon its local needs. However, the West’s view of Lukashenko as an authoritarian leader has brought him closer to Vladimir Putin. ,What Putin expects of Lukashenko,Vladimir Putin has been a staunch ally of the Lukashenko government. Things came to a turn in 2020, when Lukashenko won a controversial election with 80% of the vote. Protests erupted across the nation and the government took very strong steps to curb the crisis. ,However, the protests soon turned too big for Lukashenko to contest. It was at that moment that Vladimir Putin stepped in. The former KGB operative turned Russian president said that Moscow’s army stood ready to intervene whenever necessary. ,The magnitude of the protests was such that Lukashenko actually feared of an ouster. Putin’s words came as much-needed support. While Russia did not have to directly intervene, Lukashenko went on a rampage arresting protestors left and right. His government was also accused of human rights abuses. ,What will Belarus do,Belarus’ leader says it will not get directly involved with the crisis. Russian forces, however, continue to be present. Putin’s motive in attacking Ukraine was to extend Moscow’s sphere of influence. In such an effort, Putin might also see Belarus as a space that he seeks to bring under his comprehensive iron hands. Meanwhile, foreign policy think tanks say, Lukashenko’s regime is fast losing popular support.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"53.9006","longitude":"27.559","name":"Minsk, Belarus","city":"Minsk"},"keywords":"Lukashenko,Russia,Belarus,Ukraine,Moscow,Putin,Russian,Vladimir Putin,Soviet,West,Poland,Lithuania,Latvia,Alexander Lukashenko-,the European Union","originalPublishedOn":"2022-05-28T16:45:00+05:30"}},{"node":{"id":"orbaHQs8clPV","slug":"english/crypto-news-daily-bitcoin-data-and-price-analysis-for-may-23-2022","slugV2":"usa/crypto-news-daily-bitcoin-data-and-price-analysis-for-may-23-2022-468986/","title":"Crypto news daily: Bitcoin data and price analysis for May 23, 2022","postType":1,"coverMedia":"/opoyi__4r2TOHef.jpg","coverCaption":"Bitcoin has tumbled more than 50% below its November 10 all-time high of $69,000 (Photo credits: Representational/ Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-23T14:08:50+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBitcoin is currently trading at $30,474.36, up by 3.60%\u003c/li\u003e\n \u003cli\u003eBitcoin fear and greed index on May 23, went to the extreme fear level of 10\u003c/li\u003e\n \u003cli\u003eFormer BitMEX CEO Arthur Hayes sentenced to 2 years probation\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653295128865,\\\"strCount\\\":4659,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/bitcoin/\\\\\\\"\u003eBitcoin\u003c/a\u003e jumped over 3% in the last 24 hours and is trading\\\\nabove the $30,000 mark. It is down 36% this year and trading far below its\\\\nNovember 10 all-time high of $69,000. After a slow trading session over the\\\\nweekend, major crypto tokens were back in the green on Monday but gains were\\\\nlimited. The crypto market is still in the bear phase, with no end in the near\\\\nterm.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/crypto-crash-vitalik-not-a-billionaire-anymore-cz-turns-poor-again-401723/\\\\\\\"\u003eCrypto crash: Vitalik not a billionaire anymore, CZ turns poor again\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The global cryptocurrency market cap was trading higher\\\\nat the $1.31 trillion mark, jumping nearly 4% in the last 24 hours. However,\\\\nthe total cryptocurrency trading volume rallied more than 30% to $67.77\\\\nbillion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cryptocurrencies have been swept up in a sell-off this\\\\nyear in risk assets, which has picked up steam as official data showed soaring\\\\nUS inflation and rising investor fears about the economic impact of aggressive\\\\ncentral bank policy. Since April, the crypto market has lost billions of\\\\ndollars in market value.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/stock-market-midday-report-sensex-up-451-points-nifty-around-16380-542933/\\\\\\\"\u003eStock market midday report: Sensex up 451 points, Nifty around 16,380\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bitcoin fear and greed index on Monday, May 23, 2022,\\\\nwent from the extreme fear level of 14 to the level of 10 as per the\\\\nalternative. me. The Fear and Greed index is a technique for assessing\\\\ninvestors' emotions toward the market.\u0026nbsp;\u0026nbsp; \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/top-5-cryptocurrencies-of-the-day-btc-up-by-3-terra-luna-trends-at-no-1-119479/\\\\\\\"\u003eTop 5 cryptocurrencies of the day: BTC up by 3%, Terra LUNA trends at no. 1\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bitcoin is currently trading at $30,474.36, up by 3.60%.\\\\nIn the last 24 hours, the highest it touched was $30,590.59 and the lowest was\\\\n$29,414.63. Bitcoin has a current market cap of $580,461,230,202. It has a\\\\ncirculating supply of 19,047,093.00. BTC coins have a maximum supply of\\\\n21,000,000 coins.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/adani-power-shares-hit-upper-circuit-on-msci-inclusion-129809/\\\\\\\"\u003eAdani Power shares hit upper circuit on MSCI Inclusion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCrypto is worth nothing and should be regulated says EU’s\\\\nChristine Lagarde\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European Central Bank President Christine Lagarde said\\\\ncrypto-currencies are “based on nothing” and should be regulated so that people\\\\nstop speculating them with their life savings. People “who have no\\\\nunderstanding of the risks, who will lose it all and who will be disappointed,\\\\nwhich is why I believe that that should be regulated,” she told \u003ca href=\\\\\\\"https://opoyi.com/topics/dutch/\\\\\\\"\u003eDutch\u003c/a\u003e\\\\ntelevision.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Lagarde added that she’s sceptical of crypto’s value,\\\\ncontrasting it with the ECB’s digital euro — a project that may come to\\\\nfruition in the next four years. “My very humble assessment is that it is worth\\\\nnothing, it is based on nothing, there is no underlying asset to act as an anchor\\\\nof safety,” she said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fuel-price-may-23-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-526501/\\\\\\\"\u003eFuel price May 23, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eFormer BitMEX CEO Arthur Hayes sentenced to 2 years\\\\nprobation\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Former BitMEX CEO Arthur Hayes was sentenced to two years\\\\nof probation, with home detention for six months and location monitoring, in a\\\\nfederal courthouse in New York. In February, Hayes had pleaded guilty to\\\\ncharges he willfully failed to implement an anti-money laundering (AML) program\\\\nat the exchange.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-friday-428089/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500, Nasdaq and Russell ended mixed on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u0026nbsp;Hayes, a longtime\\\\nresident of \u003ca href=\\\\\\\"https://opoyi.com/topics/singapore/\\\\\\\"\u003eSingapore\u003c/a\u003e, will be given 30 days to decide where in the United\\\\nStates he will serve his home detention. After spending 14 years in Asia, Hayes\\\\nrecently bought a home in \u003ca href=\\\\\\\"https://opoyi.com/topics/miami/\\\\\\\"\u003eMiami\u003c/a\u003e, but his lawyer said that he has no community\\\\nin \u003ca href=\\\\\\\"https://opoyi.com/topics/florida/\\\\\\\"\u003eFlorida\u003c/a\u003e and might wish to do his home detention elsewhere.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"With friends and family members in the courtroom behind\\\\nhim, Hayes told the judge he took “full responsibility” for his actions. “I\\\\ndeeply regret that I had a part in this criminal activity. My best years are\\\\nahead of me. … I am ready to turn the page and start again. I ask that you\\\\nallow me to return home, deeply remorseful and able to start the next chapter\\\\nof my life,” said Hayes.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Cryptocurrency","slug":"cryptocurrency","id":"L7OoyefNLuEh","isSection":0},{"name":"Bitcoin","slug":"bitcoin","id":"b6gsXRHnIQWf","isSection":0},{"name":"Blockchain","slug":"blockchain","id":"paU0ITqQFnl3","isSection":0},{"name":"Dutch","slug":"dutch","id":"P0JF7fGj35rP","isSection":0},{"name":"crypto","slug":"crypto","id":"eVTAwA488l3J","isSection":0},{"name":"Florida","slug":"florida","id":"loJEfL0vk3RA","isSection":0},{"name":"Miami","slug":"miami","id":"POJw939q9dbM","isSection":0},{"name":"Singapore","slug":"singapore","id":"emlZP34XfoBE","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"NewYork","slug":"newyork","id":"ZXs8JjMQ5noW","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-23T14:08:48+05:30","publisher":0,"sourceFeed":null,"cleanText":"Bitcoin jumped over 3% in the last 24 hours and is trading above the $30,000 mark. It is down 36% this year and trading far below its November 10 all-time high of $69,000. After a slow trading session over the weekend, major crypto tokens were back in the green on Monday but gains were limited. The crypto market is still in the bear phase, with no end in the near term. Also Read | Crypto crash: Vitalik not a billionaire anymore, CZ turns poor again,The global cryptocurrency market cap was trading higher at the $1.31 trillion mark, jumping nearly 4% in the last 24 hours. However, the total cryptocurrency trading volume rallied more than 30% to $67.77 billion. Cryptocurrencies have been swept up in a sell-off this year in risk assets, which has picked up steam as official data showed soaring US inflation and rising investor fears about the economic impact of aggressive central bank policy. Since April, the crypto market has lost billions of dollars in market value. Also Read | Stock market midday report: Sensex up 451 points, Nifty around 16,380,Bitcoin fear and greed index on Monday, May 23, 2022, went from the extreme fear level of 14 to the level of 10 as per the alternative. me. The Fear and Greed index is a technique for assessing investors' emotions toward the market. ,Also Read | Top 5 cryptocurrencies of the day: BTC up by 3%, Terra LUNA trends at no. 1,Bitcoin is currently trading at $30,474.36, up by 3.60%. In the last 24 hours, the highest it touched was $30,590.59 and the lowest was $29,414.63. Bitcoin has a current market cap of $580,461,230,202. It has a circulating supply of 19,047,093.00. BTC coins have a maximum supply of 21,000,000 coins. Also Read | Adani Power shares hit upper circuit on MSCI Inclusion,Crypto is worth nothing and should be regulated says EU’s Christine Lagarde,European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated so that people stop speculating them with their life savings. People “who have no understanding of the risks, who will lose it all and who will be disappointed, which is why I believe that that should be regulated,” she told Dutch television. Lagarde added that she’s sceptical of crypto’s value, contrasting it with the ECB’s digital euro — a project that may come to fruition in the next four years. “My very humble assessment is that it is worth nothing, it is based on nothing, there is no underlying asset to act as an anchor of safety,” she said. Also Read | Fuel price May 23, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi,Former BitMEX CEO Arthur Hayes sentenced to 2 years probation,Former BitMEX CEO Arthur Hayes was sentenced to two years of probation, with home detention for six months and location monitoring, in a federal courthouse in New York. In February, Hayes had pleaded guilty to charges he willfully failed to implement an anti-money laundering (AML) program at the exchange. Also Read | US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended mixed on Friday, Hayes, a longtime resident of Singapore, will be given 30 days to decide where in the United States he will serve his home detention. After spending 14 years in Asia, Hayes recently bought a home in Miami, but his lawyer said that he has no community in Florida and might wish to do his home detention elsewhere. With friends and family members in the courtroom behind him, Hayes told the judge he took “full responsibility” for his actions. “I deeply regret that I had a part in this criminal activity. My best years are ahead of me. … I am ready to turn the page and start again. I ask that you allow me to return home, deeply remorseful and able to start the next chapter of my life,” said Hayes.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Bitcoin,Arthur Hayes,Greed,EU,Christine Lagarde European Central Bank,Christine Lagarde,Dutch,Lagarde,New York,Singapore,the United States,Asia,Hayes,Miami,Florida,European central bank, Cryptocurrency, Ethereum, Bitcoin,Bitcoin free and greed","originalPublishedOn":"2022-05-23T14:08:48+05:30"}},{"node":{"id":"Ex5iO30ZtUL4","slug":"english/how-g7-leaders-are-dealing-with-russias-wheat-war","slugV2":"usa/how-g7-leaders-are-dealing-with-russias-wheat-war-285781/","title":"How G7 leaders are dealing with Russia's 'wheat war'","postType":1,"coverMedia":"/opoyi_Vff8jBR58.jpg","coverCaption":"A Ukrainian serviceman talks to a resident inside a basement used as a bomb shelter during Russian attacks in a village recently retaken by Ukrainian forces near Kharkiv, Ukraine, Saturday, April 30, 2022. (AP Photo)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-15T02:20:54+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eG7 leaders promised to provide military support to Ukraine 'as long as necessary'\u003c/li\u003e\n \u003cli\u003eThey are also looking at ways to phase out Europe's reliance on Russian oil\u003c/li\u003e\n \u003cli\u003eThey addressed the food security concern as well\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1652561457075,\\\"strCount\\\":4745,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Group of Seven foreign ministers agreed on Saturday to further \u003ca href=\\\\\\\"https://opoyi.com/world/russia-ukraine-conflict-g7-joe-biden-eu-announce-sanctions-on-russia-422172/\\\\\\\"\u003eisolate Russia economically\u003c/a\u003e and politically, to continue \u003ca href=\\\\\\\"https://opoyi.com/world/ukraines-volodymyr-zelensky-links-mariupol-setback-to-lack-of-weaponry-331882/\\\\\\\"\u003esupplying weaponry to Ukraine\u003c/a\u003e, and to combat what Germany's foreign minister called Moscow's \\\\\\\"\u003ca href=\\\\\\\"https://opoyi.com/business/indias-wheat-export-ban-forces-ukraine-to-find-new-routes-defying-russia-436480/\\\\\\\"\u003ewheat war\u003c/a\u003e.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Senior diplomats from the United Kingdom, \u003ca href=\\\\\\\"https://opoyi.com/topics/canada/\\\\\\\"\u003eCanada\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e, France, Italy, Japan, the United States, and the European Union met in the Baltic Sea resort of Weissenhaus and agreed to continue military and defence aid for \\\\\\\"as long as necessary.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/fresh-trade-routes-proposed-to-help-ease-the-export-of-ukrainian-grains-163786/\\\\\\\"\u003eFresh trade routes proposed to help ease the export of Ukrainian grains\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to a joint statement, they would also combat what they called \u003ca href=\\\\\\\"https://opoyi.com/usa/pro-putin-propaganda-us-radio-station-defends-free-speech-for-pay-326443/\\\\\\\"\u003eRussian propaganda\u003c/a\u003e aimed at blaming the West for food supply concerns throughout the world caused by economic sanctions on \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e, and they encouraged China not to support Moscow or justify Russia's war.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Have we done enough to mitigate the consequences of this war? It is not our war. It's a war by the president of Russia, but we have global responsibility,\\\\\\\" Foreign Minister Annalena Baerbock of Germany told reporters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Former Russian President Dmitry Medvedev, a close supporter of \u003ca href=\\\\\\\"https://opoyi.com/india/who-is-vladimir-putin-217460/\\\\\\\"\u003eVladimir Putin\u003c/a\u003e, ridiculed the gathering, particularly the group's demand for the world recognition of Ukraine's internationally recognised borders.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Let's put it mildly: our country does not care at all about the G7 not recognising the new borders. What is important is the true will of the people living there,\\\\\\\" he stated in an internet article. Large swaths of eastern Ukraine are under Russian control.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/gops-mitch-mcconnell-meets-volodymyr-zelensky-in-surprise-kyiv-visit-300108/\\\\\\\"\u003eGOP’s Mitch McConnell meets Volodymyr Zelensky in surprise Kyiv visit\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The key to increasing pressure on Russia is to prohibit or phase out the purchase of Russian oil, with \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e member states expecting to reach an agreement on the matter next week, even if \u003ca href=\\\\\\\"https://opoyi.com/world/hungary-retracts-support-from-eu-sanctions-targetting-russian-oil-exports-193562/\\\\\\\"\u003eHungary remains opposed\u003c/a\u003e at this time.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The ministers stated that additional sanctions would be imposed on Russian elites, including economic actors, central government institutions, and the military, allowing Putin to \\\\\\\"lead his war of choice.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The meeting, which was attended by the foreign ministers of Ukraine and Moldova, also addressed food security problems and fears that the violence could spread to its smaller neighbour Moldova.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"People will be dying in Africa and the Middle East and we are faced with an urgent question: how can people be fed around the world? People are asking themselves what will happen if we don't have the grain we need that we used to get from Russia and Ukraine,\\\\\\\" Baerbock said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/how-elon-musks-starlink-is-fighting-putin-in-ukraine-123870/\\\\\\\"\u003eHow Elon Musk’s Starlink is fighting Putin in Ukraine\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She went on to say that the G7 would strive to find logistical solutions to move crucial goods out of Ukraine's storage before the next harvest.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Attention now shifts to Berlin, where ministers will meet later on Saturday, with \u003ca href=\\\\\\\"https://opoyi.com/topics/sweden/\\\\\\\"\u003eSweden\u003c/a\u003e and Finland preparing to ask for transatlantic alliance membership, prompting warnings of retaliation from Moscow and opposition from \u003ca href=\\\\\\\"https://opoyi.com/topics/nato/\\\\\\\"\u003eNATO\u003c/a\u003e member Turkey.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"It is important that we have a consensus,\\\\\\\" Melanie Joly, Canada's Foreign Minister, told reporters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Putin describes the invasion as a \\\\\\\"special military operation\\\\\\\" to disarm Ukraine and rid it of Western-stoked anti-Russian chauvinism. Ukraine and its allies accuse Russia of launching an unprovoked attack.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"More of the same,\\\\\\\" Josep Borrell, the EU's Foreign Policy chief, told the media. \\\\\\\"The one thing that is missing is pushing for a diplomatic engagement to get a ceasefire. It is missing because Vladimir Putin has been saying to everybody that he doesn't want to stop the war.\\\\\\\"\\\"}}]}","relatedPosts":null,"location":{"name":"London, UK"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"G7","slug":"g7","id":"BJJJj6XjBP54","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Canada","slug":"canada","id":"Go7uHdKEBarl","isSection":0},{"name":"JosepBorrell","slug":"josepborrell","id":"mwrGmPxI4YlL","isSection":0},{"name":"sweden","slug":"sweden","id":"jhcLIkirtOh9","isSection":0},{"name":"BalticSea","slug":"balticsea","id":"YjVdAulpG44U","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"France","slug":"france","id":"aF0AipAbPtoh","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Turkey","slug":"turkey","id":"A6z1VcgKDNsr","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-15T02:20:51+05:30","publisher":0,"sourceFeed":null,"cleanText":"The Group of Seven foreign ministers agreed on Saturday to further isolate Russia economically and politically, to continue supplying weaponry to Ukraine, and to combat what Germany's foreign minister called Moscow's wheat war. Senior diplomats from the United Kingdom, Canada, Germany, France, Italy, Japan, the United States, and the European Union met in the Baltic Sea resort of Weissenhaus and agreed to continue military and defence aid for as long as necessary. Also read: Fresh trade routes proposed to help ease the export of Ukrainian grains,According to a joint statement, they would also combat what they called Russian propaganda aimed at blaming the West for food supply concerns throughout the world caused by economic sanctions on Moscow, and they encouraged China not to support Moscow or justify Russia's war. Have we done enough to mitigate the consequences of this war? It is not our war. It's a war by the president of Russia, but we have global responsibility, Foreign Minister Annalena Baerbock of Germany told reporters. Former Russian President Dmitry Medvedev, a close supporter of Vladimir Putin, ridiculed the gathering, particularly the group's demand for the world recognition of Ukraine's internationally recognised borders. Let's put it mildly: our country does not care at all about the G7 not recognising the new borders. What is important is the true will of the people living there, he stated in an internet article. Large swaths of eastern Ukraine are under Russian control. Also read: GOP’s Mitch McConnell meets Volodymyr Zelensky in surprise Kyiv visit,The key to increasing pressure on Russia is to prohibit or phase out the purchase of Russian oil, with EU member states expecting to reach an agreement on the matter next week, even if Hungary remains opposed at this time. The ministers stated that additional sanctions would be imposed on Russian elites, including economic actors, central government institutions, and the military, allowing Putin to lead his war of choice. The meeting, which was attended by the foreign ministers of Ukraine and Moldova, also addressed food security problems and fears that the violence could spread to its smaller neighbour Moldova. People will be dying in Africa and the Middle East and we are faced with an urgent question: how can people be fed around the world? People are asking themselves what will happen if we don't have the grain we need that we used to get from Russia and Ukraine, Baerbock said. Also read: How Elon Musk’s Starlink is fighting Putin in Ukraine,She went on to say that the G7 would strive to find logistical solutions to move crucial goods out of Ukraine's storage before the next harvest. Attention now shifts to Berlin, where ministers will meet later on Saturday, with Sweden and Finland preparing to ask for transatlantic alliance membership, prompting warnings of retaliation from Moscow and opposition from NATO member Turkey. It is important that we have a consensus, Melanie Joly, Canada's Foreign Minister, told reporters. Putin describes the invasion as a special military operation to disarm Ukraine and rid it of Western-stoked anti-Russian chauvinism. Ukraine and its allies accuse Russia of launching an unprovoked attack. More of the same, Josep Borrell, the EU's Foreign Policy chief, told the media. The one thing that is missing is pushing for a diplomatic engagement to get a ceasefire. It is missing because Vladimir Putin has been saying to everybody that he doesn't want to stop the war.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"51.5072","longitude":"-0.1276","name":"London, UK","city":"London"},"keywords":"Ukraine,Russia,Russian,Moscow,Germany,Canada,Vladimir Putin,EU,Putin,the United Kingdom,France,Italy,Japan,the United States,the European Union","originalPublishedOn":"2022-05-15T02:14:45+05:30"}},{"node":{"id":"BAZR2zHQdWpa","slug":"english/a-crisis-averted-why-the-world-can-run-without-russian-oil","slugV2":"india/a-crisis-averted-why-the-world-can-run-without-russian-oil-216447/","title":"A crisis averted: Why the world can run without Russian oil","postType":1,"coverMedia":"/opoyi_91EEsb5fF.jpg","coverCaption":"Europe currently depends on Russia for 43% of its oil needs (Photo Credit: Pixabay/Representational)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-14T08:46:42+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eRussia is the biggest exporter of oil in the world\u003c/li\u003e\n \u003cli\u003eMuch of Europe depends on Russia for its oil\u003c/li\u003e\n \u003cli\u003eThe Russia-Ukraine war has led to sanctions on Moscow\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1652498197150,\\\"strCount\\\":3406,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Russian oil, what\\\\nmany believed fuelled much of the world, may not be as indispensable as \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e\\\\nonce believed. The Russian invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e saw the West rise in rage\\\\nagainst Putin’s \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e. \u003ca href=\\\\\\\"https://opoyi.com/topics/putin/\\\\\\\"\u003ePutin\u003c/a\u003e hoped that Europe’s \u003ca href=\\\\\\\"https://opoyi.com/science/how-elon-musks-starlink-is-fighting-putin-in-ukraine-123870/\\\\\\\"\u003edependence on Russian oil\u003c/a\u003e\\\\nwould deter \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e nations from taking stringent measures against Russia in the\\\\nlong haul. Such hopes have now been dashed. The International Energy Agency\\\\n(IEA) said Thursday that the world will not be left short of oil even with\\\\nlower output from Russia.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/science/how-elon-musks-starlink-is-fighting-putin-in-ukraine-123870/\\\\\\\"\u003eHow Elon Musk’s Starlink is fighting Putin in Ukraine\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/usa/martyr-mansion-why-a-ukrainian-millionaire-wanted-his-home-blown-535224/\\\\\\\"\u003eIEA’s stance\\\\nis a reversal from its earlier position\u003c/a\u003e when it predicted a potential “global\\\\nsupply shock” if Russian oil supplies diminish. On March 16, the energy agency\\\\nsaid three million barrels of oil supplies could be shut in from April owing to\\\\nthe sanctions imposed on Moscow. In April, however, the decline was only one\\\\nmillion barrels per day. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A slowdown in\\\\ndemand growth due to China’s stringent lockdowns has helped forestall a giant\\\\ndeficit. “Over time, steadily rising volumes from Middle East OPEC+ and the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e\\\\nalong with a slowdown in demand growth is expected to fend off an acute supply\\\\ndeficit amid a \u003ca href=\\\\\\\"https://opoyi.com/usa/is-putin-changing-goalposts-to-claim-easy-victory-in-ukraine-291179/\\\\\\\"\u003eworsening Russian supply disruption\u003c/a\u003e,” the IEA said in its monthly\\\\noil report.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/usa/martyr-mansion-why-a-ukrainian-millionaire-wanted-his-home-blown-535224/\\\\\\\"\u003eMartyr mansion: Why a Ukrainian millionaire wanted his home bombed\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"This has led the\\\\nParis-based energy agency to revise its opinion on the economic impact of\\\\nfurther sanctions on Russia. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“Soaring pump\\\\nprices and slowing economic growth are expected to significantly curb the\\\\ndemand recovery through the remainder of the year and into 2023,” the IEA said.\\\\nThe energy agency added that China’s stringent restrictions to contain COVID-19\\\\ninfection spread is driving an economic slowdown that has cut down on demand.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/while-bombing-ukraine-to-bits-russia-still-pays-fuel-transit-fee-in-full-287464/\\\\\\\"\u003eWhile bombing Ukraine to bits, Russia still pays fuel transit fee in full\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, in a\\\\nbid to make up for a reduction in supplies, the United States and other IEA members\\\\nhave pledged to release 240 billion barrels of oil by tapping into their emergency\\\\nstorage for the second time. While the US has tried to address the crunch,\\\\nRussian oil exports returned to their January-February average as supply was\\\\nrerouted from Europe and the US to \u003ca href=\\\\\\\"https://opoyi.com/india/\\\\\\\"\u003eIndia\u003c/a\u003e. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Until last month\\\\nhowever, the European Union remained the top market for Russian oil exports.\\\\nThe bloc now accounts for 43% of Russian oil exports, down from 53% then,\\\\naccording to a Reuters report. \\\"}}]}","relatedPosts":null,"location":{"name":"Paris, France"},"createdBy":{"name":"Sammya Mukhopadhyay","photo":"https://opoyi.com/images/opoyi_3P8-dIXou.jpg?tr=w-600,q-70,dpr","username":"sammya","id":"eHHzkYx6brHC","role":null},"topics":[{"name":"UkraineWar","slug":"ukrainewar","id":"snT3HYwRn8bZ","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"Paris","slug":"paris","id":"lQ6XYWAadFCT","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Putin","slug":"putin","id":"ovA5x3iHSAu3","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"MiddleEast","slug":"middleeast","id":"ZjV2GN9Uwf9Z","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sammya Mukhopadhyay","id":"eHHzkYx6brHC","username":"sammya","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-14T08:46:40+05:30","publisher":0,"sourceFeed":null,"cleanText":"Russian oil, what many believed fuelled much of the world, may not be as indispensable as Moscow once believed. The Russian invasion of Ukraine saw the West rise in rage against Putin’s Russia. Putin hoped that Europe’s dependence on Russian oil would deter EU nations from taking stringent measures against Russia in the long haul. Such hopes have now been dashed. The International Energy Agency (IEA) said Thursday that the world will not be left short of oil even with lower output from Russia. Also Read | How Elon Musk’s Starlink is fighting Putin in Ukraine,The IEA’s stance is a reversal from its earlier position when it predicted a potential “global supply shock” if Russian oil supplies diminish. On March 16, the energy agency said three million barrels of oil supplies could be shut in from April owing to the sanctions imposed on Moscow. In April, however, the decline was only one million barrels per day. ,A slowdown in demand growth due to China’s stringent lockdowns has helped forestall a giant deficit. “Over time, steadily rising volumes from Middle East OPEC+ and the US along with a slowdown in demand growth is expected to fend off an acute supply deficit amid a worsening Russian supply disruption,” the IEA said in its monthly oil report. Also Read | Martyr mansion: Why a Ukrainian millionaire wanted his home bombed,This has led the Paris-based energy agency to revise its opinion on the economic impact of further sanctions on Russia. ,“Soaring pump prices and slowing economic growth are expected to significantly curb the demand recovery through the remainder of the year and into 2023,” the IEA said. The energy agency added that China’s stringent restrictions to contain COVID-19 infection spread is driving an economic slowdown that has cut down on demand. Also Read | While bombing Ukraine to bits, Russia still pays fuel transit fee in full,Meanwhile, in a bid to make up for a reduction in supplies, the United States and other IEA members have pledged to release 240 billion barrels of oil by tapping into their emergency storage for the second time. While the US has tried to address the crunch, Russian oil exports returned to their January-February average as supply was rerouted from Europe and the US to India. ,Until last month however, the European Union remained the top market for Russian oil exports. The bloc now accounts for 43% of Russian oil exports, down from 53% then, according to a Reuters report.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"48.8566","longitude":"2.3522","name":"Paris, France","city":"Paris"},"keywords":"Russian,IEA,Russia,Moscow,Putin,Europe,China,US,Ukraine,EU,The International Energy Agency,Middle East,Paris,the United States,India","originalPublishedOn":"2022-05-12T18:45:00+05:30"}},{"node":{"id":"mYFPguMzvfer","slug":"english/why-elon-musk-other-car-bosses-are-wary-of-electric-vehicle-production","slugV2":"india/why-elon-musk-other-car-bosses-are-wary-of-electric-vehicle-production-435783/","title":"Why Elon Musk, other car bosses are wary of electric vehicle production?","postType":1,"coverMedia":"/opoyi_YCDwlggOb.jpg","coverCaption":"FILE - A Tesla Supercharger station in Buford. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-13T21:35:12+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eElon Musk questioned Tesla's ability to meet its objective of delivering 20 million electric cars per year\u003c/li\u003e\n \u003cli\u003eDemand for battery-powered models greatly surpasses manufacturers' existing production capacities\u003c/li\u003e\n \u003cli\u003eAutomakers have cautioned that supply chain disruptions and rising raw material prices endanger the spread of electric vehicles\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1652457914878,\\\"strCount\\\":7522,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Even as demand for battery-powered models greatly surpasses manufacturers' existing production capacities, the world's leading automakers have cautioned that supply chain disruptions and rising raw material prices endanger the spread of \u003ca href=\\\\\\\"https://opoyi.com/business/treating-the-american-public-like-fools-elon-musk-slams-joe-biden-after-tesla-snub-672259/\\\\\\\"\u003eelectric vehicles\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Speaking at the Financial Times' ninth Future of the Car summit this week, \u003ca href=\\\\\\\"https://opoyi.com/topics/tesla/\\\\\\\"\u003eTesla\u003c/a\u003e CEO \u003ca href=\\\\\\\"https://opoyi.com/business/44-billion-twitter-deal-temporarily-on-hold-tweets-elon-musk-101329/\\\\\\\"\u003eElon Musk\u003c/a\u003e questioned his company's ability to meet its objective of delivering 20 million electric cars per year by the end of the decade, which was set just months ago, calling it an \\\\\\\"aspiration, not a promise.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“We may stumble and not reach that goal,” Musk remarked at the conference. “There are some \u003ca href=\\\\\\\"https://opoyi.com/science/i-me-mine-elon-musk-to-now-dig-into-the-mining-sector-229035/\\\\\\\"\u003eraw material constraints\u003c/a\u003e that we see coming, in lithium production, probably in about three years, and in cathode production,” he added.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/twitter-shares-plunge-after-elon-musk-tweets-of-acquisition-deal-halt-318473/\\\\\\\"\u003eHow a Musk mandate is drowning Twitter shares\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several other industry leaders at the annual event mirrored Musk's remarks, in contrast to previous summits where executives declared ever more aggressive electric vehicle ambitions.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Even as the semiconductor scarcity showed no indications of abating in 2021, \u003ca href=\\\\\\\"https://opoyi.com/world/f1-max-verstappen-sure-mercedes-will-be-competitive-in-2022-446332/\\\\\\\"\u003eMercedes-Benz\u003c/a\u003e CEO Ola Källenius told guests that his company would go \\\\\\\"faster\\\\\\\" in phasing out combustion engine vehicles and constructing electric alternatives.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The tone at the summit this week, though, was noticeably more subdued. No senior executive disclosed higher sales or production targets for electric vehicles or batteries. \u003ca href=\\\\\\\"https://opoyi.com/topics/volkswagen/\\\\\\\"\u003eVolkswagen\u003c/a\u003e, Tesla's closest opponent, has long aimed to surpass Tesla in electric vehicle sales by 2025, but has downplayed its chances, calling it \\\\\\\"very, very tight.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Many people are now, I think, a bit over-optimistic,\\\\\\\" remarked VW CEO Herbert Diess, alluding to the global rollout of electric vehicles. \\\\\\\"We need the energy, we need the charging networks, we need the infrastructure, for sure, we need the cars, but we also need the batteries and the raw materials,\\\\\\\" he said from the back seat of VW's latest electric model, an emissions-free version of the 1960s camper van.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Diess claimed that industry analysts were not taking the \\\\\\\"amount of effort which has to go in to make this change happen seriously enough.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/elon-musks-growing-legal-issues-lead-to-drop-in-twitter-tesla-shares-387218/\\\\\\\"\u003eElon Musk's growing legal issues lead to drop in Twitter, Tesla shares\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The top two electric vehicle manufacturers issued the cautions as consumer demand for battery-powered vehicles continues to outpace industry predictions.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following VW's announcement that it has sold out of battery models in the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e and Europe for the remainder of the year, Mercedes-Källenius Benz's told the summit that this was \\\\\\\"largely true for us as well.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Tesla CEO Elon Musk stated that he has \\\\\\\"zero about demand generation and a lot about production and engineering and supply chain,\\\\\\\" and that he would not rule out \u003ca href=\\\\\\\"https://opoyi.com/science/i-me-mine-elon-musk-to-now-dig-into-the-mining-sector-229035/\\\\\\\"\u003epurchasing a mining company\u003c/a\u003e to obtain the raw materials required to crank up electric vehicles manufacture.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Analysts' hopes for the electric car sector as a whole have been muted by persistent constraints in the supply of critical raw materials for batteries.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wells Fargo researchers who studied raw material prices for components in a Tesla Model Y this week discovered \\\\\\\"several ‘surprises’ that challenge the notion of imminent [battery electric vehicle] adoption.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The rise of battery raw materials costs has delayed [battery electric vehicle] cost parity to [internal combustion engines] by at least a decade,\\\\\\\" the bank cautioned, referring to the point at which emissions-free vehicles are as inexpensive as their petrol or diesel counterparts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/i-me-mine-elon-musk-to-now-dig-into-the-mining-sector-229035/\\\\\\\"\u003eI, Me, Mine: Elon Musk to now dig into the mining sector?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As a result, Wells Fargo analysts downgraded GM and \u003ca href=\\\\\\\"https://opoyi.com/topics/ford/\\\\\\\"\u003eFord\u003c/a\u003e, stating that the US automakers will \\\\\\\"likely be forced to sell money-losing compliance [battery electric vehicles]\\\\\\\" in order to fulfill ever-stricter regulatory requirements.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/renault/\\\\\\\"\u003eRenault\u003c/a\u003e CEO Luca de Meo agreed, telling the FT conference that supply chain difficulties meant \\\\\\\"the game has changed\\\\\\\" and that carmakers would have to \\\\\\\"play by new rules,\\\\\\\" relying on the efforts of energy and mining firms.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He expressed concern that the French group might not achieve cost parity for mid-range models by 2025, which could dampen demand for electric vehicles. \\\\\\\"We know that the purchasing power [of] people in many regions of the world will not necessarily increase,\\\\\\\" De Meo remarked.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"At the same time, significant subsidies for electric car buyers in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e will be phased off by the end of the year, making it more difficult for low-income people to switch.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stellantis, which owns budget brands like Dacia, has warned that batteries could become limited in two or three years, hindering the introduction of affordable electric vehicles.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“The speed at which everybody is now building manufacturing capacities for batteries is possibly on the edge to be able to support the fast-changing markets in which we are operating,” said Carlos Tavares, Stellantis boss.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/false-elon-musk-on-claims-that-donald-trump-influenced-his-twitter-acquisition-583708/\\\\\\\"\u003e'False,' Musk on claims that Trump influenced his Twitter acquisition\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“We are not addressing this transformation on a 360-degree strategic approach,” he added. “Everybody is going to pour EV vehicles on the market. So what’s next? Where is the clean energy? Where is the charging infrastructure? Where are the raw materials?”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"To assist with the commodities crunch, Mercedes' Källenius suggested that Europe emulate China and the United States' raw material procurement techniques and build \\\\\\\"more bilateral trade agreements . . . beyond maybe the three traditional regions.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He suggested that the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e consider signing partnerships with mineral-rich countries such as Australia and \u003ca href=\\\\\\\"https://opoyi.com/india/\\\\\\\"\u003eIndia\u003c/a\u003e, as well as South American governments, and build stronger ties with \\\\\\\"economies that may have some of those raw materials that we need for electrification.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, most executives believed that the industry's problems would not go away quickly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“[This is] totally different from what I used to say one year before, that you know, we are improving, we are getting better, one day we will be perfect,” Ashwani Gupta, \u003ca href=\\\\\\\"https://opoyi.com/india/nissan-to-invest-18-billion-in-electric-vehicles-battery-development-179548/\\\\\\\"\u003eNissan\u003c/a\u003e's chief operations officer, stated, adding, “For me today, the supply chain crisis is the new normal.”\\\"}}]}","relatedPosts":null,"location":{"name":"California City, CA, USA"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"ElectricVehicle","slug":"electricvehicle","id":"grkCmJl3jV7O","isSection":0},{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"Tesla","slug":"tesla","id":"9y75NOMnEoxE","isSection":0},{"name":"Production","slug":"production","id":"B3ulWQuY4ZAu","isSection":0},{"name":"Mercedes","slug":"mercedes","id":"PDUKizTr48lw","isSection":0},{"name":"Nissan","slug":"nissan","id":"AKsAEip4Ggij","isSection":0},{"name":"volkswagen","slug":"volkswagen","id":"X7XtAHapBpIB","isSection":0},{"name":"Renault","slug":"renault","id":"TlblG2A7d412","isSection":0},{"name":"Ford","slug":"ford","id":"nF3LTYjiRg6T","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"French","slug":"french","id":"r2aSti22DERa","isSection":0},{"name":"Australia","slug":"australia","id":"GHNRwuPQRAbw","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-13T21:35:09+05:30","publisher":0,"sourceFeed":null,"cleanText":"Even as demand for battery-powered models greatly surpasses manufacturers' existing production capacities, the world's leading automakers have cautioned that supply chain disruptions and rising raw material prices endanger the spread of electric vehicles. Speaking at the Financial Times' ninth Future of the Car summit this week, Tesla CEO Elon Musk questioned his company's ability to meet its objective of delivering 20 million electric cars per year by the end of the decade, which was set just months ago, calling it an aspiration, not a promise. “We may stumble and not reach that goal,” Musk remarked at the conference. “There are some raw material constraints that we see coming, in lithium production, probably in about three years, and in cathode production,” he added. Also read: How a Musk mandate is drowning Twitter shares,Several other industry leaders at the annual event mirrored Musk's remarks, in contrast to previous summits where executives declared ever more aggressive electric vehicle ambitions. Even as the semiconductor scarcity showed no indications of abating in 2021, Mercedes-Benz CEO Ola Källenius told guests that his company would go faster in phasing out combustion engine vehicles and constructing electric alternatives. The tone at the summit this week, though, was noticeably more subdued. No senior executive disclosed higher sales or production targets for electric vehicles or batteries. Volkswagen, Tesla's closest opponent, has long aimed to surpass Tesla in electric vehicle sales by 2025, but has downplayed its chances, calling it very, very tight. Many people are now, I think, a bit over-optimistic, remarked VW CEO Herbert Diess, alluding to the global rollout of electric vehicles. We need the energy, we need the charging networks, we need the infrastructure, for sure, we need the cars, but we also need the batteries and the raw materials, he said from the back seat of VW's latest electric model, an emissions-free version of the 1960s camper van. Diess claimed that industry analysts were not taking the amount of effort which has to go in to make this change happen seriously enough. Also read: Elon Musk's growing legal issues lead to drop in Twitter, Tesla shares,The top two electric vehicle manufacturers issued the cautions as consumer demand for battery-powered vehicles continues to outpace industry predictions. Following VW's announcement that it has sold out of battery models in the US and Europe for the remainder of the year, Mercedes-Källenius Benz's told the summit that this was largely true for us as well. Tesla CEO Elon Musk stated that he has zero about demand generation and a lot about production and engineering and supply chain, and that he would not rule out purchasing a mining company to obtain the raw materials required to crank up electric vehicles manufacture. Analysts' hopes for the electric car sector as a whole have been muted by persistent constraints in the supply of critical raw materials for batteries. Wells Fargo researchers who studied raw material prices for components in a Tesla Model Y this week discovered several ‘surprises’ that challenge the notion of imminent [battery electric vehicle] adoption. The rise of battery raw materials costs has delayed [battery electric vehicle] cost parity to [internal combustion engines] by at least a decade, the bank cautioned, referring to the point at which emissions-free vehicles are as inexpensive as their petrol or diesel counterparts. Also read: I, Me, Mine: Elon Musk to now dig into the mining sector?,As a result, Wells Fargo analysts downgraded GM and Ford, stating that the US automakers will likely be forced to sell money-losing compliance [battery electric vehicles] in order to fulfill ever-stricter regulatory requirements. Renault CEO Luca de Meo agreed, telling the FT conference that supply chain difficulties meant the game has changed and that carmakers would have to play by new rules, relying on the efforts of energy and mining firms. He expressed concern that the French group might not achieve cost parity for mid-range models by 2025, which could dampen demand for electric vehicles. We know that the purchasing power [of] people in many regions of the world will not necessarily increase, De Meo remarked. At the same time, significant subsidies for electric car buyers in China will be phased off by the end of the year, making it more difficult for low-income people to switch. Stellantis, which owns budget brands like Dacia, has warned that batteries could become limited in two or three years, hindering the introduction of affordable electric vehicles. “The speed at which everybody is now building manufacturing capacities for batteries is possibly on the edge to be able to support the fast-changing markets in which we are operating,” said Carlos Tavares, Stellantis boss. Also read: 'False,' Musk on claims that Trump influenced his Twitter acquisition,“We are not addressing this transformation on a 360-degree strategic approach,” he added. “Everybody is going to pour EV vehicles on the market. So what’s next? Where is the clean energy? Where is the charging infrastructure? Where are the raw materials?”,To assist with the commodities crunch, Mercedes' Källenius suggested that Europe emulate China and the United States' raw material procurement techniques and build more bilateral trade agreements . . . beyond maybe the three traditional regions. He suggested that the EU consider signing partnerships with mineral-rich countries such as Australia and India, as well as South American governments, and build stronger ties with economies that may have some of those raw materials that we need for electrification. However, most executives believed that the industry's problems would not go away quickly. “[This is] totally different from what I used to say one year before, that you know, we are improving, we are getting better, one day we will be perfect,” Ashwani Gupta, Nissan's chief operations officer, stated, adding, “For me today, the supply chain crisis is the new normal.”","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"35.1258","longitude":"-117.9859","name":"California City, CA, USA","city":"Rosamond"},"keywords":"Tesla,Elon Musk,US,Europe,Wells Fargo,China,the Financial Times',Musk,Mercedes-Benz,Ola Källenius,Volkswagen,Herbert Diess,Mercedes-Källenius Benz's,GM,Ford","originalPublishedOn":"2022-05-13T21:04:51+05:30"}},{"node":{"id":"rnPXtizkS7MK","slug":"english/suspected-bomb-detonated-in-berlin-building-housing-russian-state-media","slugV2":"usa/suspected-bomb-detonated-in-berlin-building-housing-russian-state-media-522790/","title":"Suspected bomb detonated in Berlin building housing Russian state media","postType":1,"coverMedia":"/opoyi_HaeKnC8ay8O.jpg","coverCaption":"Suspected bomb detonated in Berlin building housing Russian state media. (Representational Image/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-08T02:03:56+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eCriminal investigators and prosecutors were analysing a device discovered and destroyed at a residential building in Berlin\u003c/li\u003e\n \u003cli\u003eSaid building was housing Russian state news agency personnel\u003c/li\u003e\n \u003cli\u003eInvestigators were investigating how hazardous it was and who it was targeted at\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651955636050,\\\"strCount\\\":3794,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Criminal investigators and prosecutors were analysing a device discovered and destroyed at a residential building housing \u003ca href=\\\\\\\"https://opoyi.com/technology/elon-musk-wont-block-russian-news-sources-unless-at-gunpoint-464764/\\\\\\\"\u003eRussian news agency\u003c/a\u003e personnel in the city's Steglitz neighbourhood on Saturday, according to Berlin officials.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The device was discovered on Friday, and investigators were investigating how hazardous it was and who it was targeted at, according to a Berlin police spokeswoman in answer to a morning inquiry.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/all-civilians-evacuated-from-azovstal-steel-plant-claims-ukraine-317188/\\\\\\\"\u003eAll civilians evacuated from Azovstal steel plant, claims Ukraine\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In an afternoon statement, the police and the city state's prosecutor said the suspected purpose for planting the device was now being investigated by the department of state security at Berlin's state criminal police office and the prosecutor's office.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It is located in the building on Lepsius Street in the south-western district of Berlin.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to \u003ca href=\\\\\\\"https://opoyi.com/world/united-states-expels-russias-no-2-diplomat-sergey-trepelkov-in-washington-embassy-amid-ukraine-crisis-319696/\\\\\\\"\u003eRussia's embassy\u003c/a\u003e in Berlin, a bottle was hurled through a window of the apartment building on Friday evening, and an improvised bomb was discovered during the subsequent search, which German sappers recognised and detonated.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The\u003ca href=\\\\\\\"https://opoyi.com/technology/meta-youtube-bar-russian-state-media-from-monetizing-on-their-platforms-605438/\\\\\\\"\u003e Russian state-run news\u003c/a\u003e outlet RIA reported that journalists were living in the building.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/odesa-struck-by-multiple-missiles-after-ukraine-claim-to-drown-russian-ship-260696/\\\\\\\"\u003eOdesa struck by six missiles after Ukraine claim to sink Russian ship\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Saturday, Russia's foreign ministry requested that authorities in \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e and other European Union and \u003ca href=\\\\\\\"https://opoyi.com/topics/nato/\\\\\\\"\u003eNATO\u003c/a\u003e countries take steps to protect Russian journalists and their families overseas.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We see this as a direct consequence of the harassment of \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e media and their employees unleashed in the West,\\\\\\\" the ministry statement read. \\\\\\\"The politicised decision to disconnect Russian media from the airwaves in the European Union was the precursor to their physical intimidation, right up to their elimination.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Friday evening, RIA transmitted video footage of a cordoned-off roadway and a person wearing a protective suit, which the agency identified as one of the sappers working to detonate the explosive.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/back-to-school-jill-biden-visits-ukrainian-refugee-children-in-romanian-school-lauds-teachers-426437/\\\\\\\"\u003eBack to school: Jill Biden visits Ukrainian refugee children in Romania, lauds teachers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several Russian broadcasters have been barred from entering Western countries after being accused of promoting misinformation related to Russia's invasion of \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Russia refers to its efforts in Ukraine as a \\\\\\\"special operation\\\\\\\" to disarm and safeguard the country from fascists. Ukraine and the West deny the fascist charge and argue that the war is an unjustified act of aggression.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On March 2, state-controlled Russian news channels RT and Sputnik were banned across the European Union.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Systematic information manipulation and disinformation by the \u003ca href=\\\\\\\"https://opoyi.com/topics/kremlin/\\\\\\\"\u003eKremlin\u003c/a\u003e is applied as an operational tool in its assault on Ukraine,\\\\\\\" \u003ca href=\\\\\\\"https://opoyi.com/world/russia-rejecting-dialogue-with-eu-josep-borrell-144510/\\\\\\\"\u003eJosep Borrell\u003c/a\u003e, the EU's foreign policy chief, stated at the time.\\\"}}]}","relatedPosts":null,"location":{"name":"Berlin, Germany"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Berln","slug":"berlin","id":"qrHDLF4S07G5","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"JosepBorrell","slug":"josepborrell","id":"mwrGmPxI4YlL","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Kremlin","slug":"kremlin","id":"KutgAA8VnxSK","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sucharita Ganguly","id":"z7GDvieuoSxc","username":"sucharita","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-08T02:03:55+05:30","publisher":0,"sourceFeed":null,"cleanText":"Criminal investigators and prosecutors were analysing a device discovered and destroyed at a residential building housing Russian news agency personnel in the city's Steglitz neighbourhood on Saturday, according to Berlin officials. The device was discovered on Friday, and investigators were investigating how hazardous it was and who it was targeted at, according to a Berlin police spokeswoman in answer to a morning inquiry. Also read: All civilians evacuated from Azovstal steel plant, claims Ukraine,In an afternoon statement, the police and the city state's prosecutor said the suspected purpose for planting the device was now being investigated by the department of state security at Berlin's state criminal police office and the prosecutor's office. It is located in the building on Lepsius Street in the south-western district of Berlin. According to Russia's embassy in Berlin, a bottle was hurled through a window of the apartment building on Friday evening, and an improvised bomb was discovered during the subsequent search, which German sappers recognised and detonated. The Russian state-run news outlet RIA reported that journalists were living in the building. Also read: Odesa struck by six missiles after Ukraine claim to sink Russian ship,On Saturday, Russia's foreign ministry requested that authorities in Germany and other European Union and NATO countries take steps to protect Russian journalists and their families overseas. We see this as a direct consequence of the harassment of Russia media and their employees unleashed in the West, the ministry statement read. The politicised decision to disconnect Russian media from the airwaves in the European Union was the precursor to their physical intimidation, right up to their elimination. On Friday evening, RIA transmitted video footage of a cordoned-off roadway and a person wearing a protective suit, which the agency identified as one of the sappers working to detonate the explosive. Also read: Back to school: Jill Biden visits Ukrainian refugee children in Romania, lauds teachers,Several Russian broadcasters have been barred from entering Western countries after being accused of promoting misinformation related to Russia's invasion of Ukraine. Russia refers to its efforts in Ukraine as a special operation to disarm and safeguard the country from fascists. Ukraine and the West deny the fascist charge and argue that the war is an unjustified act of aggression. On March 2, state-controlled Russian news channels RT and Sputnik were banned across the European Union. Systematic information manipulation and disinformation by the Kremlin is applied as an operational tool in its assault on Ukraine, Josep Borrell, the EU's foreign policy chief, stated at the time.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"52.52","longitude":"13.405","name":"Berlin, Germany","city":"Berlin"},"keywords":"Russian,Russia,Berlin,Ukraine,the European Union,Lepsius Street,the south-western district,German,Germany,European Union,NATO,RIA,Kremlin,Josep Borrell,EU","originalPublishedOn":"2022-05-08T02:03:55+05:30"}},{"node":{"id":"NYnVbztdYZiU","slug":"english/russia-not-in-a-hurry-to-end-war-ukraine-urges-allies-to-step-up-arms-deliveries","slugV2":"world/russia-not-in-a-hurry-to-end-war-ukraine-urges-allies-to-step-up-arms-deliveries-454726/","title":"Russia 'not in a hurry' to end war: Ukraine urges allies to step up arms deliveries","postType":1,"coverMedia":"/opoyi_D58wctKXX.jpg","coverCaption":"A man carries debris from buildings destroyed during fighting between Russian and Ukrainian forces outside Kyiv, Ukraine, Friday, April 1, 2022. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-07T02:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMoscow’s strategy is\u0026nbsp;to exhaust the Ukrainian armed forces,\u0026nbsp;said Olha Stefanishyna\u003c/li\u003e\n \u003cli\u003eUkraine’s deputy prime minister for European integration asked for additional weaponds\u003c/li\u003e\n \u003cli\u003eShe called for even stronger European sanctions to isolate Russia’s economy faster\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651870944220,\\\"strCount\\\":3047,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Officials in \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e have urged governments of other countries to step up arms deliveries as \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e seems to be \\\\\\\"not in a hurry\\\\\\\" to end the war.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Moscow’s strategy is\u0026nbsp;to exhaust the Ukrainian armed forces,\u0026nbsp;said Olha Stefanishyna, Ukraine’s deputy prime minister for European integration. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"So, “the further developments of this war are directly dependent on the military assistance which will be provided to Ukraine,” she told a group of\u0026nbsp;visiting members of national European parliaments and think-tankers on Friday, according to Politico.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/kremlin-mum-on-whether-russian-president-vladimir-putin-apologised-to-israel-over-anti-semitic-comments-157570/\\\\\\\"\u003eKremlin mum on whether Russian President Vladimir Putin apologised to Israel over anti-Semitic comments\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The country’s Western partners have been providing weapons and equipment for\u0026nbsp;Ukraine to fight Russia, which invaded \u003ca href=\\\\\\\"https://opoyi.com/topics/kyiv/\\\\\\\"\u003eKyiv\u003c/a\u003e on Feb 24.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The deputy prime minister attended a recent\u0026nbsp;meeting of senior defense officials at Ramstein Air Base\u0026nbsp;in Germany to coordinate assistance for Ukraine as the beginning of “a new reality.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“We need a lot of weapons right now,” she said. Nevertheless, “some of the countries,” Stefanishyna noted, “have been doing it to tick the box.”\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some countries are announcing \u003ca href=\\\\\\\"https://opoyi.com/usa/russia-west-relations-at-point-of-no-return-russian-foreign-ministry-583211/\\\\\\\"\u003eassistance\u003c/a\u003e for Ukraine to avoid\u0026nbsp;political discomfort, Stefanishyna said, according to Politico. No details of the\u0026nbsp;type — or quantity — of weapons that Ukraine needs are disclosed openly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/hungary-retracts-support-from-eu-sanctions-targetting-russian-oil-exports-193562/\\\\\\\"\u003eHungary retracts support from EU sanctions targetting Russian oil exports\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A senior Ukrainian military official said that currently they need\u0026nbsp; MLRS multiple launch rocket systems, drones, combat aircraft, radar and air defense systems, and coastal defense systems to restrict Russia's further movement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On their visit, organized by the Slovakia-based\u0026nbsp;GLOBSEC\u0026nbsp;think tank, the European lawmakers saw the impact of the war firsthand.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, fighting is raging in the east despite several calls from the international community urging Russia to end the war, which jas so far killed thousands and displaced millions.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stefanishyna\u0026nbsp;said that\u0026nbsp;European governments\u0026nbsp;who are\u0026nbsp;skeptical about Ukraine’s \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e membership aspirations\u0026nbsp;have\u0026nbsp;“weak” arguments.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The vast majority of EU countries support Ukraine’s membership, the deputy prime minister told reporters, adding that there are around six or seven countries that are skeptical.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The deputy prime minister\u0026nbsp;also called\u0026nbsp;for even stronger European sanctions to isolate Russia’s economy faster.\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":{"name":"Ukraine"},"createdBy":{"name":"Suman V","photo":null,"username":"sumanv","id":"KhO1NvH3W2sk","role":null},"topics":[{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Slovakia","slug":"slovakia","id":"ioLK4MRUGemx","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Kyiv","slug":"kyiv","id":"Qre36FKI4s3u","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Suman V","id":"KhO1NvH3W2sk","username":"sumanv","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-07T02:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Officials in Ukraine have urged governments of other countries to step up arms deliveries as Russia seems to be not in a hurry to end the war. Moscow’s strategy is to exhaust the Ukrainian armed forces, said Olha Stefanishyna, Ukraine’s deputy prime minister for European integration. ,So, “the further developments of this war are directly dependent on the military assistance which will be provided to Ukraine,” she told a group of visiting members of national European parliaments and think-tankers on Friday, according to Politico. Also Read | Kremlin mum on whether Russian President Vladimir Putin apologised to Israel over anti-Semitic comments,The country’s Western partners have been providing weapons and equipment for Ukraine to fight Russia, which invaded Kyiv on Feb 24. ,The deputy prime minister attended a recent meeting of senior defense officials at Ramstein Air Base in Germany to coordinate assistance for Ukraine as the beginning of “a new reality.”,“We need a lot of weapons right now,” she said. Nevertheless, “some of the countries,” Stefanishyna noted, “have been doing it to tick the box.” ,Some countries are announcing assistance for Ukraine to avoid political discomfort, Stefanishyna said, according to Politico. No details of the type — or quantity — of weapons that Ukraine needs are disclosed openly. Also Read | Hungary retracts support from EU sanctions targetting Russian oil exports,A senior Ukrainian military official said that currently they need MLRS multiple launch rocket systems, drones, combat aircraft, radar and air defense systems, and coastal defense systems to restrict Russia's further movement. On their visit, organized by the Slovakia-based GLOBSEC think tank, the European lawmakers saw the impact of the war firsthand. Meanwhile, fighting is raging in the east despite several calls from the international community urging Russia to end the war, which jas so far killed thousands and displaced millions. Stefanishyna said that European governments who are skeptical about Ukraine’s EU membership aspirations have “weak” arguments. ,The vast majority of EU countries support Ukraine’s membership, the deputy prime minister told reporters, adding that there are around six or seven countries that are skeptical. The deputy prime minister also called for even stronger European sanctions to isolate Russia’s economy faster.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"48.3794","longitude":"31.1656","name":"Ukraine","city":"Novoukrayinka"},"keywords":"Ukraine,Russia,European,Ukrainian,Stefanishyna,EU,Moscow,Olha Stefanishyna,Kyiv,Ramstein Air Base Germany,Slovakia","originalPublishedOn":"2022-05-07T02:40:00+05:30"}},{"node":{"id":"9ygmLwBLTZAv","slug":"english/hungary-retracts-support-from-eu-sanctions-targetting-russian-oil-exports","slugV2":"world/hungary-retracts-support-from-eu-sanctions-targetting-russian-oil-exports-193562/","title":"Hungary retracts support from EU sanctions targetting Russian oil exports","postType":1,"coverMedia":"/opoyi_Y3bCz04K5.jpg","coverCaption":"A man refuels his car at a service station in Sofia, Bulgaria. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-06T18:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBlocking Russian oil import will be like an \"atomic bomb\" for Hungary, the PM said\u003c/li\u003e\n \u003cli\u003eHungary will negotiate if EU revises the current sanctions\u003c/li\u003e\n \u003cli\u003eHungary gets 85% of its gas and more than 60% of its oil from Russia\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651842561672,\\\"strCount\\\":3091,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/usa/viktor-orban-says-sanctions-on-russian-energy-puts-large-burden-on-hungary-654677/\\\\\\\"\u003eHungary\u003c/a\u003e pulled its support from the proposed European Union sanctions on early Friday. Prime Minister Viktor Orban said that restrictions would be severely harmful to \u003ca href=\\\\\\\"https://opoyi.com/usa/viktor-orban-says-sanctions-on-russian-energy-puts-large-burden-on-hungary-654677/\\\\\\\"\u003eHungary's economy.\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In a radio-delivered address on Friday, Orban said that blocking Russia's oil can act like an \\\\\\\"atomic bomb\\\\\\\". He added that Budapest would be up for negotiation if the \u003ca href=\\\\\\\"https://opoyi.com/world/oil-prices-rise-as-european-union-prepares-to-ban-russian-crude-539810/\\\\\\\"\u003eEuropean Union\u003c/a\u003e revises the current draft of sanctions, according to reports from Reuters.Als\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/european-union-fissures-surface-as-russia-threatens-gas-cuts-510966/\\\\\\\"\u003eEuropean Union fissures surface as Russia threatens gas cuts\u003c/a\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Hungary, a former member of the Soviet Union (USSR) , relies heavily on energy imports from Moscow. Associated Press reported that Hungary gets 85% of its gas and more than 60% of its oil from Russia.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/world/oil-prices-rise-as-european-union-prepares-to-ban-russian-crude-539810/\\\\\\\"\u003eGas prices\u003c/a\u003e have spiked all across Europe since Western countries started laying down sanctions on Moscow. Nearly all of \u003ca href=\\\\\\\"https://opoyi.com/usa/what-is-nato-121571/\\\\\\\"\u003eNATO\u003c/a\u003e, the European Union and other alliances have rolled out financial curbs since February 24, when Russia launched its \\\\\\\"special operation in Ukraine.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/putins-decision-to-cut-off-gas-rattles-europe-at-little-cost-to-russia-285131/\\\\\\\"\u003ePutin's decision to cut off gas rattles Europe at little cost to Russia\u003c/a\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/world/european-union-fissures-surface-as-russia-threatens-gas-cuts-510966/\\\\\\\"\u003eEuropean Union\u003c/a\u003e saw a sharp increase in oil prices earlier this week. Brent crude prices jumped 25 cents, or 0.2%, to $107.83 a barrel, while WTI crude futures in the United States advanced 17 cents, or 0.2%, to $105.34 a barrel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some countries outside the European Union have \u003ca href=\\\\\\\"https://opoyi.com/india/india-wants-russian-oil-at-70-per-barrel-as-moscows-isolation-grows-report-142057/\\\\\\\"\u003erefused to cut trade\u003c/a\u003e with Russia, including India and China.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/eu-proposes-temporary-suspension-of-tariffs-on-imports-from-ukraine-522952/\\\\\\\"\u003eEuropean Union proposes temporary suspension of tariffs on imports from Ukraine\u003c/a\u003e\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWhat do European Union's sanctions say?\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003e\u003c/b\u003eThe European Union's Executive Commission last week proposed \u003ca href=\\\\\\\"https://opoyi.com/india/european-union-chief-proposes-complete-import-ban-on-russian-oil-within-six-months-188531/\\\\\\\"\u003ephasing out imports of crude oil\u0026nbsp;\u003c/a\u003ewithin six months and refined products by the end of 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Hungary relies heavily on Russia for its energy supplies. All 27 member countries of the European Union need to vote in favour of the new sanctions in order for them to pass.\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":{"name":"Budapest, Hungary"},"createdBy":{"name":"Aman Butani","photo":"","username":"amanbutani1975","id":"wo3kJpOpSZW2","role":null},"topics":[{"name":"Hungary","slug":"hungary","id":"fapqhgNUCuVR","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"International","slug":"international","id":"NYS6J2BBfSdS","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Aman Butani","id":"wo3kJpOpSZW2","username":"amanbutani1975","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-05-06T18:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Hungary pulled its support from the proposed European Union sanctions on early Friday. Prime Minister Viktor Orban said that restrictions would be severely harmful to Hungary's economy. In a radio-delivered address on Friday, Orban said that blocking Russia's oil can act like an atomic bomb. He added that Budapest would be up for negotiation if the European Union revises the current draft of sanctions, according to reports from Reuters.Als,Also Read: European Union fissures surface as Russia threatens gas cuts,Hungary, a former member of the Soviet Union (USSR) , relies heavily on energy imports from Moscow. Associated Press reported that Hungary gets 85% of its gas and more than 60% of its oil from Russia. Gas prices have spiked all across Europe since Western countries started laying down sanctions on Moscow. Nearly all of NATO, the European Union and other alliances have rolled out financial curbs since February 24, when Russia launched its special operation in Ukraine. Also Read: Putin's decision to cut off gas rattles Europe at little cost to Russia,The European Union saw a sharp increase in oil prices earlier this week. Brent crude prices jumped 25 cents, or 0.2%, to $107.83 a barrel, while WTI crude futures in the United States advanced 17 cents, or 0.2%, to $105.34 a barrel. Some countries outside the European Union have refused to cut trade with Russia, including India and China. ,Also Read: European Union proposes temporary suspension of tariffs on imports from Ukraine,What do European Union's sanctions say?,The European Union's Executive Commission last week proposed phasing out imports of crude oil within six months and refined products by the end of 2022. Hungary relies heavily on Russia for its energy supplies. All 27 member countries of the European Union need to vote in favour of the new sanctions in order for them to pass.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"47.4979","longitude":"19.0402","name":"Budapest, Hungary","city":"Budapest"},"keywords":"Hungary, russia oil, EU sanctions, Budapest, Crude oil, oil embargos","originalPublishedOn":"2022-05-06T18:45:00+05:30"}},{"node":{"id":"FKiYbgnIGwH0","slug":"english/us-federal-reserve-rate-hike-a-rally-on-wall-street","slugV2":"business/us-federal-reserve-rate-hike-a-rally-on-wall-street-296858/","title":"US Federal Reserve key rate hike highest in over two decades, stocks soar","postType":1,"coverMedia":"/opoyi_KkF4cOwpY.jpg","coverCaption":"US Federal Reserve rate hike, a rally on Wall Street. (Photo credit: AFP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-05T04:00:01+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe Federal Reserve intensified its drive to curb the worst inflation in 40 years\u003c/li\u003e\n \u003cli\u003eFed’s key rate — its largest since 2000 — raised it to a range of 0.75% to 1%\u003c/li\u003e\n \u003cli\u003eStocks soared to their biggest gain in two years Wednesday and bond yields dropped\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651703402536,\\\"strCount\\\":3192,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eFed raises key rate by a half-point in bid to tame inflation\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/usa/us-economic-growth-may-rise-to-65-says-federal-reserve-333027/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point. The half-point hike in the Fed’s key rate — its largest since 2000 — raised it to a range of 0.75% to 1%, the highest point since the pandemic struck two years ago. The Fed will likely follow Wednesday’s move with the fastest pace of hikes in 30 years. The Fed also announced Wednesday that it will start reducing its huge $9 trillion balance sheet, which consists mainly of Treasury and mortgage bonds. Reducing the Fed’s holdings will have the effect of further raising loan costs throughout the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-jr-meets-jan-6-committee-report-376403/\\\\\\\"\u003eDonald Trump Jr. meets Jan 6 committee: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eMarkets cheer after Powell downplays even larger rate hikes\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks soared to their biggest gain in two years Wednesday and bond yields dropped after Federal Reserve Chair \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-jerome-powell-302598/\\\\\\\"\u003eJerome Powell\u003c/a\u003e downplayed the likelihood of an even larger rate increase than the one just announced Wednesday. That allayed concerns that the central bank was on its way to a massive increase of three-quarters of a percentage point at its next meeting in June. The comments came after the Fed announced a half-point increase in its benchmark rate as part of its effort to fight inflation. The S\u0026amp;P 500 jumped 3%. The yield on the 2-year Treasury fell sharply, to 2.64%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/federal-judge-sentences-derek-chauvin-to-20-25-years-in-prison-over-george-floyds-death-314876/\\\\\\\"\u003eFederal judge sentences Derek Chauvin to 20-25 years in prison over George Floyd's death\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBiden showcases deficit progress in bid to counter critics\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"President \u003ca href=\\\\\\\"https://opoyi.com/world/us-president-joe-biden-plans-to-trim-1-trillion-from-deficits-over-next-decade-300870/\\\\\\\"\u003eJoe Biden\u003c/a\u003e is highlighting new figures showing the government’s red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership and growing dismay over inflation going into midterm elections that will decide control of Congress. The dip in the national debt is an achievement that eluded former President \u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-jr-meets-jan-6-committee-report-376403/\\\\\\\"\u003eDonald Trump\u003c/a\u003e despite his promises to improve the federal balance sheet. Strong job gains over the past 16 months have increased total incomes and led to additional tax revenues. That means this fiscal year’s budget deficit will decline $1.5 trillion, better than initially forecast. Still, the long-term outlook is problematic.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 surged 124.69 points, or 3%, to 4,300.17. The Dow Jones Industrial Average jumped 932.27 points, or 2.8%, to 34,061.06. The Nasdaq rose 401.10 points, or 3.2%, to 12,964.86. The Russell 2000 index of smaller companies added 51.07 points, or 2.7%, to 1,949.92.\\\"}}]}","relatedPosts":null,"location":{"name":"New York, NY, USA"},"createdBy":{"name":"Sucharita Ganguly","photo":null,"username":"sucharita","id":"z7GDvieuoSxc","role":null},"topics":[{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"JeromePowell","slug":"jeromepowell","id":"U0KtH9IWXA6R","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Covid","slug":"covid","id":"jtkufHpdTfkm","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Boeing","slug":"boeing","id":"8ruRYCUT75q1","isSection":0},{"name":"DonaldTrump","slug":"donaldtrump","id":"2BkYVqd4njLi","isSection":0},{"name":"Mobile","slug":"mobile","id":"3gW5nFdk6zKL","isSection":0},{"name":"Tesla","slug":"tesla","id":"9y75NOMnEoxE","isSection":0},{"name":"JoeBiden","slug":"joebiden","id":"tLOXw4T5mTfp","isSection":0},{"name":"LetitiaJames","slug":"letitiajames","id":"jsBAaxrp1gWC","isSection":0},{"name":"Moderna","slug":"moderna","id":"lnS3thHkdw49","isSection":0},{"name":"Parliament","slug":"parliament","id":"f1AaZo7fTdEO","isSection":0},{"name":"UrsulaVonDerLeyen","slug":"ursulavonderleyen","id":"H2XHGoMHE428","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Alabama","slug":"alabama","id":"KLLJP4O7KGQ3","isSection":0},{"name":"British","slug":"british","id":"K4VzcWCbTUbp","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-05T03:47:20+05:30","publisher":0,"sourceFeed":"36928315541020","cleanText":"Fed raises key rate by a half-point in bid to tame inflation,The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point. The half-point hike in the Fed’s key rate — its largest since 2000 — raised it to a range of 0.75% to 1%, the highest point since the pandemic struck two years ago. The Fed will likely follow Wednesday’s move with the fastest pace of hikes in 30 years. The Fed also announced Wednesday that it will start reducing its huge $9 trillion balance sheet, which consists mainly of Treasury and mortgage bonds. Reducing the Fed’s holdings will have the effect of further raising loan costs throughout the economy. Also read: Donald Trump Jr. meets Jan 6 committee: Report,Markets cheer after Powell downplays even larger rate hikes,Stocks soared to their biggest gain in two years Wednesday and bond yields dropped after Federal Reserve Chair Jerome Powell downplayed the likelihood of an even larger rate increase than the one just announced Wednesday. That allayed concerns that the central bank was on its way to a massive increase of three-quarters of a percentage point at its next meeting in June. The comments came after the Fed announced a half-point increase in its benchmark rate as part of its effort to fight inflation. The S\u0026P 500 jumped 3%. The yield on the 2-year Treasury fell sharply, to 2.64%. Also read: Federal judge sentences Derek Chauvin to 20-25 years in prison over George Floyd's death,Biden showcases deficit progress in bid to counter critics,President Joe Biden is highlighting new figures showing the government’s red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership and growing dismay over inflation going into midterm elections that will decide control of Congress. The dip in the national debt is an achievement that eluded former President Donald Trump despite his promises to improve the federal balance sheet. Strong job gains over the past 16 months have increased total incomes and led to additional tax revenues. That means this fiscal year’s budget deficit will decline $1.5 trillion, better than initially forecast. Still, the long-term outlook is problematic. The S\u0026P 500 surged 124.69 points, or 3%, to 4,300.17. The Dow Jones Industrial Average jumped 932.27 points, or 2.8%, to 34,061.06. The Nasdaq rose 401.10 points, or 3.2%, to 12,964.86. The Russell 2000 index of smaller companies added 51.07 points, or 2.7%, to 1,949.92.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"40.7128","longitude":"-74.006","name":"New York, NY, USA","city":"New York City"},"keywords":"Fed,Airbus,EU,Moderna,Treasury,Russian,Elon Musk,Musk,NEW YORK,New York,Alabama,The Federal Reserve,Federal Reserve Chair,Jerome Powell,WASHINGTON","originalPublishedOn":"2022-05-05T03:40:02+05:30"}},{"node":{"id":"SkWuJCzRrDeJ","slug":"english/oil-prices-rise-as-european-union-prepares-to-ban-russian-crude","slugV2":"world/oil-prices-rise-as-european-union-prepares-to-ban-russian-crude-539810/","title":"Oil prices rise as European Union prepares to ban Russian crude","postType":1,"coverMedia":"/opoyi_9hjEyieCO.jpg","coverCaption":"Tight fuel product supplies are increasing demand for crude, which helped lift Brent and WTI by more than 40 cents following a tumultuous day on Monday. (Photo Credits: Representational Image/ Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-03T14:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eOil prices rose as European Union firmed up plans to increase sanctions on Russia\u003c/li\u003e\n \u003cli\u003eBrent crude prices jumped 25 cents, or 0.2%, to $107.83 a barrel\u003c/li\u003e\n \u003cli\u003eWTI crude futures in the US advanced 17 cents, or 0.2%, to $105.34 a barrel\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651565499764,\\\"strCount\\\":3100,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/crudeoil/\\\\\\\"\u003eOil prices\u003c/a\u003e gained on Tuesday, extending previous session gains, as the \u003ca href=\\\\\\\"https://opoyi.com/topics/europeanunion/\\\\\\\"\u003eEuropean Union\u003c/a\u003e firmed up plans to increase sanctions on \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e this week, with \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e stating it was willing to support an immediate ban on \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussian oil\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/gold-silver-and-other-metal-prices-on-tuesday-may-3-2022-431796/\\\\\\\"\u003eGold, silver and other metal prices on Tuesday, May 3, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Brent crude prices jumped 25 cents, or 0.2%, to $107.83 a barrel, while WTI crude futures in the United States advanced 17 cents, or 0.2%, to $105.34 a barrel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/lic-ipo-top-5-things-to-know-before-subscribing-to-the-issue-on-may-217775/\\\\\\\"\u003eLIC IPO: Top 5 things to know before subscribing to the issue on May 4\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The European Commission, according to Reuters, is scheduled to complete work on the sixth package of European Union (EU) sanctions against Russia for its actions in \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e on Tuesday, which would include a ban on purchasing Russian oil.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/akshaya-tritiya-2022-how-and-where-to-buy-digital-gold-safely-503297/\\\\\\\"\u003eAkshaya Tritiya 2022: How and where to buy digital gold safely\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The ban may exempt \u003ca href=\\\\\\\"https://opoyi.com/topics/hungary/\\\\\\\"\u003eHungary\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/slovakia/\\\\\\\"\u003eSlovakia\u003c/a\u003e, both of which rely substantially on Russian crude, reported Reuters citing sources.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Tight fuel product supplies are increasing demand for crude, which helped lift Brent and WTI by more than 40 cents following a tumultuous day on Monday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-how-the-crypto-landscape-has-changed-in-india-420099/\\\\\\\"\u003eExplained: How the crypto landscape has changed in India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"ANZ Research analysts told Reuters that record exports from the United States Gulf are depleting supply to the domestic market. According to the cargo tracking service Vortexa Analytics, at least 2 million barrels per day of gasoline, diesel, and jet fuel moved out of refineries in the United States Gulf in April.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-indonesias-palm-oil-ban-on-india-483588/\\\\\\\"\u003eExplained: Impact of Indonesia’s palm oil ban on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As a result, ANZ said that the diesel crack spread, or the margin on refining a barrel of oil into fuel products, had increased to $73.50 a barrel, the highest level since 1986.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Traders will be paying particular attention to inventory data from the United States, with the American Petroleum Institute industry group reporting stocks for the week ending April 29 on Tuesday, followed by official data from the Energy Information Administration on Wednesday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Hungary","slug":"hungary","id":"fapqhgNUCuVR","isSection":0},{"name":"Slovakia","slug":"slovakia","id":"ioLK4MRUGemx","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-03T14:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Oil prices gained on Tuesday, extending previous session gains, as the European Union firmed up plans to increase sanctions on Russia this week, with Germany stating it was willing to support an immediate ban on Russian oil. Also Read| Gold, silver and other metal prices on Tuesday, May 3, 2022,Brent crude prices jumped 25 cents, or 0.2%, to $107.83 a barrel, while WTI crude futures in the United States advanced 17 cents, or 0.2%, to $105.34 a barrel. Also Read| LIC IPO: Top 5 things to know before subscribing to the issue on May 4,The European Commission, according to Reuters, is scheduled to complete work on the sixth package of European Union (EU) sanctions against Russia for its actions in Ukraine on Tuesday, which would include a ban on purchasing Russian oil. Also Read| Akshaya Tritiya 2022: How and where to buy digital gold safely,The ban may exempt Hungary and Slovakia, both of which rely substantially on Russian crude, reported Reuters citing sources. Tight fuel product supplies are increasing demand for crude, which helped lift Brent and WTI by more than 40 cents following a tumultuous day on Monday. Also Read| Explained: How the crypto landscape has changed in India,ANZ Research analysts told Reuters that record exports from the United States Gulf are depleting supply to the domestic market. According to the cargo tracking service Vortexa Analytics, at least 2 million barrels per day of gasoline, diesel, and jet fuel moved out of refineries in the United States Gulf in April. Also Read| Explained: Impact of Indonesia’s palm oil ban on India,As a result, ANZ said that the diesel crack spread, or the margin on refining a barrel of oil into fuel products, had increased to $73.50 a barrel, the highest level since 1986. Also Read| Why US inflation is going up and when will it come down,Traders will be paying particular attention to inventory data from the United States, with the American Petroleum Institute industry group reporting stocks for the week ending April 29 on Tuesday, followed by official data from the Energy Information Administration on Wednesday.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Russian,Russia,the United States,the United States Gulf,the European Union,Germany,The European Commission,European Union,EU,Ukraine,Hungary,Slovakia,ANZ Research,ANZ,the American Petroleum Institute","originalPublishedOn":"2022-05-03T14:30:00+05:30"}},{"node":{"id":"QYYJ43gZHHtE","slug":"english/european-union-fissures-surface-as-russia-threatens-gas-cuts","slugV2":"world/european-union-fissures-surface-as-russia-threatens-gas-cuts-510966/","title":"European Union fissures surface as Russia threatens gas cuts","postType":1,"coverMedia":"/opoyi_vccqzC0SFRAH.jpg","coverCaption":"Europe largely depends on Russia for oil and gas, making immediate embargo tough. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-02T16:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eEU energy ministers convened an emergency meeting Monday\u003c/li\u003e\n \u003cli\u003eRussia has threated to cut gas if not paid for in roubles\u003c/li\u003e\n \u003cli\u003ePaying in roubles threatens to lessen the impact of sanctions on Moscow\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651488421545,\\\"strCount\\\":3040,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Moscow’s threat to\\\\nstop natural gas supplies to European Union (EU) states has sent the economic\\\\nbloc into a tizzy. Sanction-ridden \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e has first urged, then called and has\\\\nnow finally \u003ca href=\\\\\\\"https://opoyi.com/world/how-russias-seizure-of-5m-ukrainian-farm-equipment-backfired-385997/\\\\\\\"\u003ethreatened to cut off gas supplies\u003c/a\u003e if its not paid in roubles. On\\\\nMonday, \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e energy ministers held an emergency meeting to discuss the\\\\nimplications of Russia potentially cutting off gas supplies. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Russia’s threat to\\\\nstop gas supply aren’t empty. Last week, Moscow cut off supply to \u003ca href=\\\\\\\"https://opoyi.com/topics/bulgaria/\\\\\\\"\u003eBulgaria\u003c/a\u003e and\\\\nPoland after they refused to meet its demand to effectively pay in roubles.\\\\nWhile there are some EU states that have decided to stop using Russian gas,\\\\nthere are some, including Europe’s economic powerhouse \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e, who are yet to wean\\\\nthemselves off Moscow gas.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/nature-of-us-aid-to-ukraine-alters-ignoring-russias-warnings-502995/\\\\\\\"\u003eIs US fighting a proxy war against Russia in Ukraine?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russian threat\\\\nto turn off gas pipelines has an immense political impact. The West has, until\\\\nnow, managed to put up a united front against Moscow for invading \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\\nHowever, the rag-tag unity becomes threatened when an energy crisis is on the\\\\nhorizon. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several European\\\\ncompanies are facing payment deadlines at the end of this month. During these\\\\ntimes, governments will be required to clarify if they can keep buying gas from\\\\nRussia without breaching the sanctions imposed by the European Union. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Russia has said\\\\nthat foreign buyers of natural gas will be required to deposit their payments\\\\nin dollars or euros into the privately-owned Russian bank Gazprombank, which\\\\nwould then convert it into roubles.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/india/modi-in-berlin-why-germany-and-indias-russia-policies-affect-the-world-429948/\\\\\\\"\u003eWhy Scholz and Modi’s Putin policies affect the world\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bulgaria, \u003ca href=\\\\\\\"https://opoyi.com/topics/denmark/\\\\\\\"\u003eDenmark\u003c/a\u003e,\\\\n\u003ca href=\\\\\\\"https://opoyi.com/topics/greece/\\\\\\\"\u003eGreece\u003c/a\u003e, Poland, \u003ca href=\\\\\\\"https://opoyi.com/topics/slovakia/\\\\\\\"\u003eSlovakia\u003c/a\u003e have sought guidance from the EU on how to proceed and\\\\nBrussels is said to be drafting additional guidelines. Russia said on Friday that\\\\nit will only consider the buyer’s obligation fulfilled if hard currency has\\\\nbeen converted into roubles. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bulgaria and\\\\nPoland have refused to engage with Russia’s scheme while \u003ca href=\\\\\\\"https://opoyi.com/india/modi-in-berlin-why-germany-and-indias-russia-policies-affect-the-world-429948/\\\\\\\"\u003eGermany has suggested\u003c/a\u003e\\\\nthe EU’s workaround to let companies pay. The central concern with paying\\\\nRussia in roubles is that it shelters Moscow from the full impact of the sanctions\\\\nand allows it to earn revenues that can go on to fund its military offensive in\\\\nUkraine. \u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":{"name":"Brussels, Belgium"},"createdBy":{"name":"Sammya Mukhopadhyay","photo":"https://opoyi.com/images/opoyi_3P8-dIXou.jpg?tr=w-600,q-70,dpr","username":"sammya","id":"eHHzkYx6brHC","role":null},"topics":[{"name":"Slovakia","slug":"slovakia","id":"ioLK4MRUGemx","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Bulgaria","slug":"bulgaria","id":"arICZsQzo7oH","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Greece","slug":"greece","id":"PznGfjquEgSv","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Denmark","slug":"denmark","id":"YpLJUOcNeumK","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"EuropeanUnion","slug":"europeanunion","id":"BIZ15K463b6h","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"West","slug":"west","id":"vXDG8jHHCMD1","isSection":0},{"name":"Poland","slug":"poland","id":"eME2RBs6F4x4","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Sammya Mukhopadhyay","id":"eHHzkYx6brHC","username":"sammya","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-02T16:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Moscow’s threat to stop natural gas supplies to European Union (EU) states has sent the economic bloc into a tizzy. Sanction-ridden Russia has first urged, then called and has now finally threatened to cut off gas supplies if its not paid in roubles. On Monday, EU energy ministers held an emergency meeting to discuss the implications of Russia potentially cutting off gas supplies. ,Russia’s threat to stop gas supply aren’t empty. Last week, Moscow cut off supply to Bulgaria and Poland after they refused to meet its demand to effectively pay in roubles. While there are some EU states that have decided to stop using Russian gas, there are some, including Europe’s economic powerhouse Germany, who are yet to wean themselves off Moscow gas. Also Read | Is US fighting a proxy war against Russia in Ukraine?,The Russian threat to turn off gas pipelines has an immense political impact. The West has, until now, managed to put up a united front against Moscow for invading Ukraine. However, the rag-tag unity becomes threatened when an energy crisis is on the horizon. ,Several European companies are facing payment deadlines at the end of this month. During these times, governments will be required to clarify if they can keep buying gas from Russia without breaching the sanctions imposed by the European Union. ,Russia has said that foreign buyers of natural gas will be required to deposit their payments in dollars or euros into the privately-owned Russian bank Gazprombank, which would then convert it into roubles. Also Read | Why Scholz and Modi’s Putin policies affect the world,Bulgaria, Denmark, Greece, Poland, Slovakia have sought guidance from the EU on how to proceed and Brussels is said to be drafting additional guidelines. Russia said on Friday that it will only consider the buyer’s obligation fulfilled if hard currency has been converted into roubles. ,Bulgaria and Poland have refused to engage with Russia’s scheme while Germany has suggested the EU’s workaround to let companies pay. The central concern with paying Russia in roubles is that it shelters Moscow from the full impact of the sanctions and allows it to earn revenues that can go on to fund its military offensive in Ukraine.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.8476","longitude":"4.3572","name":"Brussels, Belgium","city":"Brussels"},"keywords":"Russia,Moscow,EU,Bulgaria,Poland,Russian,Germany,Ukraine,European Union,Europe,West,European,the European Union,Denmark,Greece","originalPublishedOn":"2022-05-02T16:45:00+05:30"}},{"node":{"id":"XZGGD9EdxKTF","slug":"english/oil-dips-on-chinas-growth-fear-even-as-eu-considers-ban-on-russias-crude","slugV2":"india/oil-dips-on-chinas-growth-fear-even-as-eu-considers-ban-on-russias-crude-641940/","title":"Oil dips on China’s growth fear even as EU considers ban on Russia's crude","postType":1,"coverMedia":"/opoyi_9hjEyieCO.jpg","coverCaption":"Prices plummeted on Saturday as China announced data showing that industrial production in the world's second-largest economy declined for the second month in a row. (Photo Credits: Representational Image/ Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-02T13:15:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBrent crude prices declined $1.21, or 1.1%, to $105.93 a barrel\u003c/li\u003e\n \u003cli\u003eWTI crude futures in the US sank 99 cents, or 1%, to $103.70 a barrel\u003c/li\u003e\n \u003cli\u003eIndia's oil imports from Russia have increased from 100,000 BPD in 2021 to 800,000 BPD in April 2022\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651474097408,\\\"strCount\\\":3898,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/crudeoil/\\\\\\\"\u003eOil prices\u003c/a\u003e dipped on Monday in Asia as concerns about slowing economic growth in \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e, the world's biggest oil importer, overcame concerns about potential supply disruptions from a European Union ban on Russian crude.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-ahead-quarterly-results-fed-rate-hike-to-weigh-on-sensex-nifty-526855/\\\\\\\"\u003eWeek ahead: Quarterly results, Fed rate hike to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Brent crude prices declined $1.21, or 1.1%, to $105.93 a barrel, while WTI crude futures in the United States sank 99 cents, or 1%, to $103.70 a barrel. On Monday, markets in \u003ca href=\\\\\\\"https://opoyi.com/topics/japan/\\\\\\\"\u003eJapan\u003c/a\u003e and Southeast Asia were closed for official holidays.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-in-review-sensex-nifty-drift-down-after-volatility-260734/\\\\\\\"\u003eWeek in review: Sensex, Nifty drift down after volatility\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Prices plummeted on Saturday as China announced data showing that industrial production in the world's second-largest economy declined for the second month in a row, to its lowest level since February 2020, due to \u003ca href=\\\\\\\"https://opoyi.com/topics/covid/\\\\\\\"\u003eCOVID\u003c/a\u003e lockdowns.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/sensex-tanks-over-640-points-while-nifty-around-16900-in-early-trade-625656/\\\\\\\"\u003eSensex tanks over 640 points while Nifty around 16,900 in early trade\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Libya's National Oil Corp (NOC) said on Sunday that it will temporarily begin operations at the Zueitina oil terminal in order to decrease reserves in storage tanks and avoid an \\\\\\\"imminent environmental disaster\\\\\\\" at the port.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-28-down-on-friday-389065/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500, Nasdaq and Russell ended over 2.8% down on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"NOC announced force majeure on certain shipments at Zueitina in late April, when political protesters forced a number of oil facilities to shut down.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fuel-price-today-petrol-and-diesel-rates-remain-unchanged-on-may-2-2022-127623/\\\\\\\"\u003eFuel price today: Petrol and Diesel rates remain unchanged on May 2, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Restricting the downside for oil prices is a probable dent in supply, with the European Union moving toward banning Russian oil imports by the end of the year, reported Reuters, following weekend meetings between the European Commission and \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e member states.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-monday-may-2-2022-472788/\\\\\\\"\u003eStocks that should be on your watchlist on Monday, May 2, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e sells over half of its 4.7 million barrels per day (BPD) of crude oil to the EU, accounting for around one-fourth of the EU's oil imports in 2020.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/trending-stocks-wipro-vedanta-yes-bank-sbi-cards-and-others-in-news-today-555007/\\\\\\\"\u003eTrending Stocks: Wipro, Vedanta, Yes Bank, SBI Cards and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While Western nations have reduced their purchases of Russian oil since sanctions have affected transportation and insurance for the country's exports, the impact on world supply has been mitigated by India's purchase of lower-priced Russian cargoes, according to Reuters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-indonesias-palm-oil-ban-on-india-483588/\\\\\\\"\u003eExplained: Impact of Indonesia’s palm oil ban on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Analysts at the Royal Bank of Canada predict that India's oil imports from Russia have increased from less than 100,000 BPD in 2021 to 800,000 BPD in April and that \u003ca href=\\\\\\\"https://opoyi.com/india/\\\\\\\"\u003eIndia\u003c/a\u003e would continue to increase imports as long as \u003ca href=\\\\\\\"https://opoyi.com/topics/washington/\\\\\\\"\u003eWashington\u003c/a\u003e does not impose secondary sanctions.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"Japan","slug":"japan","id":"anJhzDRc6xxB","isSection":0},{"name":"Washington","slug":"washington","id":"Fqv5l2w7tKCw","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Libya","slug":"libya","id":"4wLVvtZ7HULR","isSection":0},{"name":"Covid","slug":"covid","id":"jtkufHpdTfkm","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Africa","slug":"africa","id":"16S5b0vzines","isSection":0},{"name":"covid19","slug":"covid19","id":"S9X5iTjQfBZD","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-02T13:15:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Oil prices dipped on Monday in Asia as concerns about slowing economic growth in China, the world's biggest oil importer, overcame concerns about potential supply disruptions from a European Union ban on Russian crude. Also Read| Week ahead: Quarterly results, Fed rate hike to weigh on Sensex, Nifty,Brent crude prices declined $1.21, or 1.1%, to $105.93 a barrel, while WTI crude futures in the United States sank 99 cents, or 1%, to $103.70 a barrel. On Monday, markets in Japan and Southeast Asia were closed for official holidays. Also Read| Week in review: Sensex, Nifty drift down after volatility,Prices plummeted on Saturday as China announced data showing that industrial production in the world's second-largest economy declined for the second month in a row, to its lowest level since February 2020, due to COVID lockdowns. Also Read| Sensex tanks over 640 points while Nifty around 16,900 in early trade,Libya's National Oil Corp (NOC) said on Sunday that it will temporarily begin operations at the Zueitina oil terminal in order to decrease reserves in storage tanks and avoid an imminent environmental disaster at the port. Also Read| US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 2.8% down on Friday,NOC announced force majeure on certain shipments at Zueitina in late April, when political protesters forced a number of oil facilities to shut down. Also Read| Fuel price today: Petrol and Diesel rates remain unchanged on May 2, 2022,Restricting the downside for oil prices is a probable dent in supply, with the European Union moving toward banning Russian oil imports by the end of the year, reported Reuters, following weekend meetings between the European Commission and EU member states. Also Read| Stocks that should be on your watchlist on Monday, May 2, 2022,Russia sells over half of its 4.7 million barrels per day (BPD) of crude oil to the EU, accounting for around one-fourth of the EU's oil imports in 2020. Also Read| Trending Stocks: Wipro, Vedanta, Yes Bank, SBI Cards and others in news today,While Western nations have reduced their purchases of Russian oil since sanctions have affected transportation and insurance for the country's exports, the impact on world supply has been mitigated by India's purchase of lower-priced Russian cargoes, according to Reuters. Also Read| Explained: Impact of Indonesia’s palm oil ban on India,Analysts at the Royal Bank of Canada predict that India's oil imports from Russia have increased from less than 100,000 BPD in 2021 to 800,000 BPD in April and that India would continue to increase imports as long as Washington does not impose secondary sanctions.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Russian,EU,India,China,Zueitina,Russia,Asia,a European Union,the United States,Japan,Southeast Asia,COVID,Libya,the European Union,the European Commission","originalPublishedOn":"2022-05-02T13:15:00+05:30"}},{"node":{"id":"ljzDlWre9W4j","slug":"english/why-europe-is-balking-at-a-ban-on-russian-energy-explained","slugV2":"india/why-europe-is-balking-at-a-ban-on-russian-energy-explained-408599/","title":"Why Europe is balking at a ban on Russian energy? Explained","postType":1,"coverMedia":"/opoyi_fHaudwkzh8.jpg","coverCaption":"Of the 155 billion cubic meters of gas that Europe imports from Russia every year, 140 billion comes through pipelines crossing Ukraine, Poland and under the Baltic Sea. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-02T03:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eEurope gets 40% of its natural gas from Russia\u003c/li\u003e\n \u003cli\u003eRussia supplies some 14% of diesel\u003c/li\u003e\n \u003cli\u003eWestern sanctions so far have targeted Russian banks and companies but spared oil and gas payments\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651439382936,\\\"strCount\\\":6808,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shocking pictures from the Ukrainian town of \u003ca href=\\\\\\\"https://opoyi.com/world/who-is-lt-colonel-azatbek-omurbekov-560638/\\\\\\\"\u003eBucha\u003c/a\u003e and accusations of Russian war crimes are building pressure for more sanctions against \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e. A key potential target: Russian oil and natural gas, and the $850 million that European importers pay for those supplies every day.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"But it's not so easy, given Europe's dependence on Russian energy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Western sanctions so far have targeted Russian banks and companies but spared oil and gas payments — a U.S. concession to keep European allies on board and present a united front.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Here are key facts around Europe's energy imports from Russia and whether a boycott is possible:\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"WHAT SUPPLY IS AT STAKE?\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Europe gets 40% of its natural gas from Russia, which is used to heat homes, generate electricity and supply industry with both energy and a key raw material for products such as fertilizer.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For oil, it's about 25%, most of which goes toward gasoline and diesel for vehicles. Russia supplies some 14% of diesel, S\u0026amp;P Global analysts said, and a cutoff could send already high prices for truck and tractor fuel through the roof.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"WHY CAN'T EUROPE CUT OFF RUSSIAN ENERGY LIKE THE U.S. DID?\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The United States imported little oil and no natural gas from Russia as it's become a major producer and exporter of oil and gas thanks to fracking. Europe had some oil and gas deposits, but production has been declining, leaving the 27-country \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e dependent on imports to fuel its advanced industrial economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Of the 155 billion cubic meters of gas that Europe imports from Russia every year, 140 billion comes through pipelines crossing Ukraine, Poland and under the Baltic Sea. Europe is scrambling to get additional supplies by ship in the form of liquefied natural gas, or LNG, but that still can't make up entirely for losing Russian gas by pipeline.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"LNG is also much more expensive, and suppliers are maxed out. And while some European countries are well-connected to LNG terminals, such as \u003ca href=\\\\\\\"https://opoyi.com/topics/spain/\\\\\\\"\u003eSpain\u003c/a\u003e, and new projects are in the works or soon to open in places like Greece and Poland, there isn't the infrastructure to get those supplies to places that are heavily reliant on gas, from \u003ca href=\\\\\\\"https://opoyi.com/topics/germany/\\\\\\\"\u003eGermany\u003c/a\u003e to countries in Eastern Europe. Building new LNG import terminals and the pipelines to connect the gas to places that need it the most can take years.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Because reliance on Russia varies, agreement on an EU boycott is harder to achieve. Lithuania said it stopped Russian gas imports after building LNG import terminal that launched in 2014, and Poland, which has spent years looking for alternatives, says it will not renew a Russian gas contract at the end of this year on top of taking steps to ban Russian coal and oil.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Germany, the continent's biggest economy, still gets 40% of its gas from Russia, even after cutting its reliance. It aims to end Russian coal imports this summer, oil imports by year end, and to be largely independent on gas by 2024, German Economy Minister Robert Habeck said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"WHERE ELSE COULD EUROPE GET ENERGY?\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Europe is working to get off Russian gas as fast as it can over the next several years by finding new sources, conserving and accelerating wind and solar energy. The EU plan is to cut use of Russian gas by two-thirds by year and exit well before 2030.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Besides getting LNG from places like the United States and Qatar, Europe is pushing for more gas from non-Russian pipelines from \u003ca href=\\\\\\\"https://opoyi.com/topics/norway/\\\\\\\"\u003eNorway\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/algeria/\\\\\\\"\u003eAlgeria\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil is different in that it mostly comes by ship. Still, it wouldn't be easy to replace Russian supply with global markets tight. Taking Russia's 2 million-plus barrels per day to Europe off the market would push oil prices higher worldwide. And Russia could try to sell the oil to \u003ca href=\\\\\\\"https://opoyi.com/india/\\\\\\\"\u003eIndia\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e, though it might earn less.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"WHAT WOULD HAPPEN IF EUROPE BANNED RUSSIAN ENERGY?\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Estimates vary, but a cutoff implies a substantial hit to the economy. Oxford Economics estimates a six-month cutoff of Russian gas would lower economic output in the 19 countries that use the euro by 1.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A ban might mean governments would have to ration gas among companies to protect homes and hospitals. Makers of metals, fertilizer, chemicals and glass would be hard hit. Even a partial shutoff of gas to industry could cost \\\\\\\"hundreds of thousands\\\\\\\" of jobs, said Michael Vassiliadis, head of Germany's BCE union representing workers in the chemicals and mining industries.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We will likely continue to see resistance from Germany and a select few others as they're simply far more reliant on Russian imports of oil, gas and coal,\\\\\\\" said Craig Erlam, senior markets analyst for the U.K., Europe, Middle East and Africa at currency broker Oanda. \\\\\\\"Forecasts for the impact of an embargo vary, but it would almost certainly tip the country into recession.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, a group of economists including University of Notre Dame professor Ruediger Bachmann say an embargo would keep the economic costs to Germany below 3% of output, probably closer to 2%. While \\\\\\\"these are substantial economic costs,\\\\\\\" the economists said, they are \\\\\\\"clearly manageable in the sense that the German economy has weathered deeper slumps in recent years and recovered quickly\\\\\\\" — following the 2009 global financial crisis and coronavirus pandemic.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Public fear-mongering about the catastrophic consequences of an energy embargo from lobby groups and affiliated think tanks does not hold up to academic standards,\\\\\\\" they said in a report on the Centre for Economic Policy Research's policy website.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"WHAT ELSE COULD EUROPE DO BESIDES A CUTOFF?\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Economists Simone Tagliapietra and Guntram Wolff at the Bruegel think tank in Brussels propose an EU import tariff on Russian oil and gas. That would reduce Russia's revenue while avoiding a major hit to Europe's growth, with the legal advantage of leaving contracts intact. European leaders last week insisted those same contracts protected them from Russia's demand to pay for gas in rubles. The money from the tariff could be used to protect vulnerable households from higher energy prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While the army that invaded Ukraine is already paid for, the tariff would put the Kremlin in \\\\\\\"a more difficult economic position, in which they might possibly start having difficulties buying stuff from the outside world, including armaments, and paying the salaries of the public sector,\\\\\\\" Tagliapietra said. \\\\\\\"All this will happen in months, but can have strong effects on the sustainability of Russian domestic politics.\\\\\\\"\\\"}}]}","relatedPosts":null,"location":{"name":"Moscow, Russia"},"createdBy":{"name":"Vaishnavi Vaidyanathan","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_IhwUkQGyI.jpg","username":"VaishnaviVaidyanathan","id":"YBsZsSLCYUlz","role":null},"topics":[{"name":"Algeria","slug":"algeria","id":"Oei3hzUXJ3Ox","isSection":0},{"name":"Spain","slug":"spain","id":"4pLtQ9lzPFw1","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Norway","slug":"norway","id":"K67MeucnYuIP","isSection":0},{"name":"Qatar","slug":"qatar","id":"45Jqb8MdFeMa","isSection":0},{"name":"Poland","slug":"poland","id":"eME2RBs6F4x4","isSection":0},{"name":"MiddleEast","slug":"middleeast","id":"ZjV2GN9Uwf9Z","isSection":0},{"name":"Lithuania","slug":"lithuania","id":"815WLDTR0BkF","isSection":0},{"name":"Kremlin","slug":"kremlin","id":"KutgAA8VnxSK","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-02T03:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Shocking pictures from the Ukrainian town of Bucha and accusations of Russian war crimes are building pressure for more sanctions against Moscow. A key potential target: Russian oil and natural gas, and the $850 million that European importers pay for those supplies every day. But it's not so easy, given Europe's dependence on Russian energy. Western sanctions so far have targeted Russian banks and companies but spared oil and gas payments — a U.S. concession to keep European allies on board and present a united front. Here are key facts around Europe's energy imports from Russia and whether a boycott is possible:,WHAT SUPPLY IS AT STAKE?,Europe gets 40% of its natural gas from Russia, which is used to heat homes, generate electricity and supply industry with both energy and a key raw material for products such as fertilizer. For oil, it's about 25%, most of which goes toward gasoline and diesel for vehicles. Russia supplies some 14% of diesel, S\u0026P Global analysts said, and a cutoff could send already high prices for truck and tractor fuel through the roof. WHY CAN'T EUROPE CUT OFF RUSSIAN ENERGY LIKE THE U.S. DID?,The United States imported little oil and no natural gas from Russia as it's become a major producer and exporter of oil and gas thanks to fracking. Europe had some oil and gas deposits, but production has been declining, leaving the 27-country EU dependent on imports to fuel its advanced industrial economy. Of the 155 billion cubic meters of gas that Europe imports from Russia every year, 140 billion comes through pipelines crossing Ukraine, Poland and under the Baltic Sea. Europe is scrambling to get additional supplies by ship in the form of liquefied natural gas, or LNG, but that still can't make up entirely for losing Russian gas by pipeline. LNG is also much more expensive, and suppliers are maxed out. And while some European countries are well-connected to LNG terminals, such as Spain, and new projects are in the works or soon to open in places like Greece and Poland, there isn't the infrastructure to get those supplies to places that are heavily reliant on gas, from Germany to countries in Eastern Europe. Building new LNG import terminals and the pipelines to connect the gas to places that need it the most can take years. Because reliance on Russia varies, agreement on an EU boycott is harder to achieve. Lithuania said it stopped Russian gas imports after building LNG import terminal that launched in 2014, and Poland, which has spent years looking for alternatives, says it will not renew a Russian gas contract at the end of this year on top of taking steps to ban Russian coal and oil. Germany, the continent's biggest economy, still gets 40% of its gas from Russia, even after cutting its reliance. It aims to end Russian coal imports this summer, oil imports by year end, and to be largely independent on gas by 2024, German Economy Minister Robert Habeck said. WHERE ELSE COULD EUROPE GET ENERGY?,Europe is working to get off Russian gas as fast as it can over the next several years by finding new sources, conserving and accelerating wind and solar energy. The EU plan is to cut use of Russian gas by two-thirds by year and exit well before 2030. Besides getting LNG from places like the United States and Qatar, Europe is pushing for more gas from non-Russian pipelines from Norway and Algeria. Oil is different in that it mostly comes by ship. Still, it wouldn't be easy to replace Russian supply with global markets tight. Taking Russia's 2 million-plus barrels per day to Europe off the market would push oil prices higher worldwide. And Russia could try to sell the oil to India and China, though it might earn less. WHAT WOULD HAPPEN IF EUROPE BANNED RUSSIAN ENERGY?,Estimates vary, but a cutoff implies a substantial hit to the economy. Oxford Economics estimates a six-month cutoff of Russian gas would lower economic output in the 19 countries that use the euro by 1.5%. A ban might mean governments would have to ration gas among companies to protect homes and hospitals. Makers of metals, fertilizer, chemicals and glass would be hard hit. Even a partial shutoff of gas to industry could cost hundreds of thousands of jobs, said Michael Vassiliadis, head of Germany's BCE union representing workers in the chemicals and mining industries. We will likely continue to see resistance from Germany and a select few others as they're simply far more reliant on Russian imports of oil, gas and coal, said Craig Erlam, senior markets analyst for the U.K. Europe, Middle East and Africa at currency broker Oanda. Forecasts for the impact of an embargo vary, but it would almost certainly tip the country into recession. However, a group of economists including University of Notre Dame professor Ruediger Bachmann say an embargo would keep the economic costs to Germany below 3% of output, probably closer to 2%. While these are substantial economic costs, the economists said, they are clearly manageable in the sense that the German economy has weathered deeper slumps in recent years and recovered quickly — following the 2009 global financial crisis and coronavirus pandemic. Public fear-mongering about the catastrophic consequences of an energy embargo from lobby groups and affiliated think tanks does not hold up to academic standards, they said in a report on the Centre for Economic Policy Research's policy website. WHAT ELSE COULD EUROPE DO BESIDES A CUTOFF?,Economists Simone Tagliapietra and Guntram Wolff at the Bruegel think tank in Brussels propose an EU import tariff on Russian oil and gas. That would reduce Russia's revenue while avoiding a major hit to Europe's growth, with the legal advantage of leaving contracts intact. European leaders last week insisted those same contracts protected them from Russia's demand to pay for gas in rubles. The money from the tariff could be used to protect vulnerable households from higher energy prices. While the army that invaded Ukraine is already paid for, the tariff would put the Kremlin in a more difficult economic position, in which they might possibly start having difficulties buying stuff from the outside world, including armaments, and paying the salaries of the public sector, Tagliapietra said. All this will happen in months, but can have strong effects on the sustainability of Russian domestic politics.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"55.7558","longitude":"37.6173","name":"Moscow, Russia","city":"Moscow"},"keywords":"Russian,Russia,Europe,Germany,European,EU,Poland,U.S.,Ukraine,German,Ukrainian,Bucha,Moscow,The United States,the Baltic Sea","originalPublishedOn":"2022-04-04T22:45:00+05:30"}},{"node":{"id":"CyIJeROjLNJp","slug":"english/united-states-accuse-russia-of-fanning-separatism-in-bosnia-amid-ukraine-crisis","slugV2":"usa/united-states-accuse-russia-of-fanning-separatism-in-bosnia-amid-ukraine-crisis-249357/","title":"United States accuse Russia of fanning separatism in Bosnia amid Ukraine crisis","postType":1,"coverMedia":"/opoyi_nnyYGa8dQ.jpg","coverCaption":"Russian President Vladimir Putin. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-04-29T15:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBosnia has been split between a Muslim-Croat federation and a Serb entity\u003c/li\u003e\n \u003cli\u003eThis is known as Republika Srpsk\u003c/li\u003e\n \u003cli\u003eBosnia's Serb leader Milorad Dodik has been increasingly vocal about his secessionist aims\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651220335852,\\\"strCount\\\":3369,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As war between \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e rages, more than a thousand miles away in Bosnia observers are warning that Russia is fanning the embers of separatism that is likely to spell trouble for the deeply divided Balkan country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Since the end of the war that claimed around 100,000 lives between 1992 and 1995, Bosnia has been split between a Muslim-Croat federation and a Serb entity -- known as Republika Srpska (RS).\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/ukraine-resident-flood-village-to-halt-russian-advance-on-kyiv-report-235245/\\\\\\\"\u003eUkraine resident flood village to halt Russian advance on Kyiv: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"But there are growing fears the arrangement that has kept the peace in Bosnia for decades may be at risk.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bosnia's Serb leader Milorad Dodik has been increasingly vocal about his secessionist aims, a move widely believed to have the backing of the Kremlin.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/heinous-act-of-barbarism-ukraine-fm-says-as-explosions-rock-kyiv-again-293512/\\\\\\\"\u003e‘Heinous act of barbarism’: Ukraine FM says as explosions rock Kyiv again\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"News agency AFP reported that the latest sounding of the alarm over the situation came from \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e Democratic Senator Chris Murphy, who warned of a \\\\\\\"very worrying time for Bosnia\\\\\\\" during a recent tour of the Balkans.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"As \u003ca href=\\\\\\\"https://opoyi.com/topics/putin/\\\\\\\"\u003ePutin\u003c/a\u003e gets backed into a corner, he is going to look for other places to try to score victories. And one of them may be Bosnia,\\\\\\\" he told \u003ca href=\\\\\\\"https://opoyi.com/topics/cnn/\\\\\\\"\u003eCNN\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/want-to-give-them-stability-benedict-cumberbatch-is-housing-ukrainian-family-that-fled-war-174109/\\\\\\\"\u003eWant to give them stability: Benedict Cumberbatch is housing Ukrainian family that fled war\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For centuries, Russia fostered deep fraternal ties with the Serbs in the Balkans -- undergirded by their Slavic and Orthodox heritage along with their steadfast alliances during the world wars of the 20th century.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"NATO's intervention in the Balkans in the 1990s has long been seen by the Kremlin as a humiliating provocation. Since then, Russia has sought to increase its influence on the ground with Bosnia's Serbs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In statements that echoed the Russian President's rhetoric ahead of the attack on Ukraine, Moscow's ambassador to Sarajevo warned that it will \\\\\\\"react\\\\\\\" if Bosnia joins \u003ca href=\\\\\\\"https://opoyi.com/topics/nato/\\\\\\\"\u003eNATO\u003c/a\u003e. The embassy also cautioned the West against manoeuvres that could destabilise Bosnia.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/west-wont-cave-in-to-russia-what-joe-bidens-proposed-33b-package-for-ukraine-holds-662674/\\\\\\\"\u003eWest won't cave in to Russia: What Joe Biden's proposed $33B package for Ukraine holds\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Recently, Russia lashed out at \\\\\\\"growing attempts to rewrite the principles\\\\\\\" of the accords \\\\\\\"to the benefit of the \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e and NATO and to the detriment\\\\\\\" of Bosnia's Serbs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The RS's continued support for Moscow has also prevented Bosnia from following \u003ca href=\\\\\\\"https://opoyi.com/topics/western/\\\\\\\"\u003eWestern\u003c/a\u003e countries in sanctioning Russia after the invasion of Ukraine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In March, NATO Secretary General Jens Stoltenberg said Bosnia was among the potential targets of \\\\\\\"even more intervention\\\\\\\" from Russia.\\\"}}]}","relatedPosts":null,"location":{"name":"Kyiv, Ukraine"},"createdBy":{"name":"Ajay Joseph","photo":null,"username":"ajay4396","id":"LFYsY6JozEMx","role":null},"topics":[{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"JensStoltenberg","slug":"jensstoltenberg","id":"9G6Eh9LSKQ2n","isSection":0},{"name":"Western","slug":"western","id":"MpjBQ6Ld2gbd","isSection":0},{"name":"CNN","slug":"cnn","id":"h6b8DwQgvXlD","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Putin","slug":"putin","id":"ovA5x3iHSAu3","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Kremlin","slug":"kremlin","id":"KutgAA8VnxSK","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"RS","slug":"rs","id":"IvkyIWKe5vNc","isSection":0},{"name":"Muslim","slug":"muslim","id":"W7GHPFPQeWe5","isSection":0},{"name":"Bosnia","slug":"bosnia","id":"o5PTarVte8pi","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Ajay Joseph","id":"LFYsY6JozEMx","username":"ajay4396","role":1,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-04-29T15:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"As war between Russia and Ukraine rages, more than a thousand miles away in Bosnia observers are warning that Russia is fanning the embers of separatism that is likely to spell trouble for the deeply divided Balkan country. Since the end of the war that claimed around 100,000 lives between 1992 and 1995, Bosnia has been split between a Muslim-Croat federation and a Serb entity -- known as Republika Srpska (RS). Also read: Ukraine resident flood village to halt Russian advance on Kyiv: Report,But there are growing fears the arrangement that has kept the peace in Bosnia for decades may be at risk. Bosnia's Serb leader Milorad Dodik has been increasingly vocal about his secessionist aims, a move widely believed to have the backing of the Kremlin. Also read: ‘Heinous act of barbarism’: Ukraine FM says as explosions rock Kyiv again,News agency AFP reported that the latest sounding of the alarm over the situation came from US Democratic Senator Chris Murphy, who warned of a very worrying time for Bosnia during a recent tour of the Balkans. As Putin gets backed into a corner, he is going to look for other places to try to score victories. And one of them may be Bosnia, he told CNN. Also read: Want to give them stability: Benedict Cumberbatch is housing Ukrainian family that fled war,For centuries, Russia fostered deep fraternal ties with the Serbs in the Balkans -- undergirded by their Slavic and Orthodox heritage along with their steadfast alliances during the world wars of the 20th century. NATO's intervention in the Balkans in the 1990s has long been seen by the Kremlin as a humiliating provocation. Since then, Russia has sought to increase its influence on the ground with Bosnia's Serbs. In statements that echoed the Russian President's rhetoric ahead of the attack on Ukraine, Moscow's ambassador to Sarajevo warned that it will react if Bosnia joins NATO. The embassy also cautioned the West against manoeuvres that could destabilise Bosnia. Also read: West won't cave in to Russia: What Joe Biden's proposed $33B package for Ukraine holds,Recently, Russia lashed out at growing attempts to rewrite the principles of the accords to the benefit of the EU and NATO and to the detriment of Bosnia's Serbs. The RS's continued support for Moscow has also prevented Bosnia from following Western countries in sanctioning Russia after the invasion of Ukraine. In March, NATO Secretary General Jens Stoltenberg said Bosnia was among the potential targets of even more intervention from Russia.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"50.4501","longitude":"30.5234","name":"Kyiv, Ukraine","city":"Kyiv"},"keywords":"Bosnia,Russia,NATO,Ukraine,Serbs,Serb,Kremlin,Balkans,Moscow,Balkan,Muslim,Milorad Dodik,US,Democratic,Chris Murphy","originalPublishedOn":"2022-04-29T15:00:00+05:30"}},{"node":{"id":"n09u7TUjny6t","slug":"english/russian-business-tycoons-approach-manchester-city-owner-for-penthouses-cars-in-uae","slugV2":"india/russian-business-tycoons-approach-manchester-city-owner-for-penthouses-cars-in-uae-436819/","title":"Russian tycoons approach Man City owner for penthouses, cars in UAE","postType":1,"coverMedia":"https://images.opoyi.net/opoyi_ZiYQzfaHH.jpg","coverCaption":"Russian Foreign Minister Sergey Lavrov, left, and UAE Foreign Minister, Sheikh Abdullah bin Zayed Al Nahyan. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-04-29T13:11:27+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eOther US allies, including Israel and India, have taken a similar position\u003c/li\u003e\n \u003cli\u003eThe Ministry of Presidential Affairs, led by Sheikh Mansour, has provided greater assistance since the invasion\u003c/li\u003e\n \u003cli\u003eSome are shopping for penthouses in Dubai, while others want to buy luxury cars\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651218087618,\\\"strCount\\\":4293,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Sheikh Mansour bin Zayed Al Nahyan is best known as owner of \u003ca href=\\\\\\\"https://opoyi.com/topics/english/\\\\\\\"\u003eEnglish\u003c/a\u003e football champion Manchester City outside the United Arab Emirates. At home, he is a powerful member of the royal family.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Sheikh Mansour also has a behind-the-scenes role that has become increasingly important in recent months. News agency Bloomberg reported that Sheikh Mansour is known for helping manage relationships with wealthy Russians looking to move money into the \u003ca href=\\\\\\\"https://opoyi.com/topics/uae/\\\\\\\"\u003eUAE\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/united-states-continues-its-engagement-with-india-over-ukraine-war-the-white-house-263862/\\\\\\\"\u003eUnited States continues its engagement with India over \u003c/a\u003e\u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e war: The White House\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While Sheikh Mansour has long been involved in cultivating UAE-Russia relations, the importance and complexities of that position have grown since Russia's invasion of Ukraine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Even as the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e, \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e and other countries have blitzed \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e with thousands of new financial restrictions, the UAE has not imposed any sanction. Officials in the Middle Eastern nation have taken the stance that Abu Dhabi respects international law but isn't required to follow measures implemented by specific countries and that the UAE has the right to adopt its own policies, several people familiar with their thinking said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/ukraine-resident-flood-village-to-halt-russian-advance-on-kyiv-report-235245/\\\\\\\"\u003eUkraine resident flood village to halt Russian advance on Kyiv: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Other US allies, including \u003ca href=\\\\\\\"https://opoyi.com/topics/israel/\\\\\\\"\u003eIsrael\u003c/a\u003e and India, have taken a similar position.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"That approach has fuelled concern among some Western officials who are worried about holes in their own sanctions programs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-president-joe-biden-proposes-33-billion-package-for-ukraine-624789/\\\\\\\"\u003eUnited States President Joe Biden proposes $33 billion package for Ukraine\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earlier, Deputy US Treasury Secretary Wally Adeyemo voiced Washington's worries about Russian tycoons moving assets to the UAE in a call with UAE officials, Bloomberg reported quoting sources.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Senior government officials, rich businessmen and finance executives from Russia are increasingly approaching Sheikh Mansour and his office for help managing UAE government processes, adding that Russians have grown more interested in investing in the Middle Eastern nation since the invasion of Ukraine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/heinous-act-of-barbarism-ukraine-fm-says-as-explosions-rock-kyiv-again-293512/\\\\\\\"\u003e‘Heinous act of barbarism’: Ukraine FM says as explosions rock Kyiv again\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some are shopping for penthouses in \u003ca href=\\\\\\\"https://opoyi.com/topics/dubai/\\\\\\\"\u003eDubai\u003c/a\u003e, while others want to buy luxury cars or need help setting up bank accounts and financial firms.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Ministry of Presidential Affairs, led by Sheikh Mansour, has provided greater assistance since the invasion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/west-wont-cave-in-to-russia-what-joe-bidens-proposed-33b-package-for-ukraine-holds-662674/\\\\\\\"\u003eWest won't cave in to Russia: What Joe Biden's proposed $33B package for Ukraine holds\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"UAE officials consider Sheikh Mansour's efforts to be part of the government's broader strategy to attract global business and maintain strategic ties with the East and the West, according to several of the people.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Russia-UAE relationship is particularly relevant given their cooperation within the OPEC+ alliance of oil-exporting nations, they said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russia-ukraine-war-could-go-on-for-months-and-years-nato-chief-jens-stoltenberg-448351/\\\\\\\"\u003eRussia-Ukraine war could go on for 'months and years': \u003c/a\u003e\u003ca href=\\\\\\\"https://opoyi.com/topics/nato/\\\\\\\"\u003eNATO\u003c/a\u003e chief Jens Stoltenberg\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earlier this year, a spokesperson at the UAE's Executive Office of Anti-Money Laundering and Countering the Financing of Terrorism told Bloomberg that the country will continue to pursue deeper collaboration with foreign partners on monitoring international flows of money.\\\"}}]}","relatedPosts":null,"location":{"name":"Moscow, Russia"},"createdBy":{"name":"Ajay Joseph","photo":null,"username":"ajay4396","id":"LFYsY6JozEMx","role":null},"topics":[{"name":"JoeBiden","slug":"joebiden","id":"tLOXw4T5mTfp","isSection":0},{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"UAE","slug":"uae","id":"J9dkPTwxW9bD","isSection":0},{"name":"English","slug":"english","id":"nKs98sOYUg8p","isSection":0},{"name":"JensStoltenberg","slug":"jensstoltenberg","id":"9G6Eh9LSKQ2n","isSection":0},{"name":"Washington","slug":"washington","id":"Fqv5l2w7tKCw","isSection":0},{"name":"AbuDhabi","slug":"abudhabi","id":"tJvhtfq6UX3O","isSection":0},{"name":"Dubai","slug":"dubai","id":"pgzaGFxoBMek","isSection":0},{"name":"ManchesterCity","slug":"manchestercity","id":"5hoE90h1VNOv","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"Israel","slug":"israel","id":"7mnsqKCGzqDo","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Ajay Joseph","id":"LFYsY6JozEMx","username":"ajay4396","role":1,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-04-29T12:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Sheikh Mansour bin Zayed Al Nahyan is best known as owner of English football champion Manchester City outside the United Arab Emirates. At home, he is a powerful member of the royal family. Sheikh Mansour also has a behind-the-scenes role that has become increasingly important in recent months. News agency Bloomberg reported that Sheikh Mansour is known for helping manage relationships with wealthy Russians looking to move money into the UAE. Also read: United States continues its engagement with India over Ukraine war: The White House,While Sheikh Mansour has long been involved in cultivating UAE-Russia relations, the importance and complexities of that position have grown since Russia's invasion of Ukraine. Even as the US, EU and other countries have blitzed Russia with thousands of new financial restrictions, the UAE has not imposed any sanction. Officials in the Middle Eastern nation have taken the stance that Abu Dhabi respects international law but isn't required to follow measures implemented by specific countries and that the UAE has the right to adopt its own policies, several people familiar with their thinking said. Also read: Ukraine resident flood village to halt Russian advance on Kyiv: Report,Other US allies, including Israel and India, have taken a similar position. That approach has fuelled concern among some Western officials who are worried about holes in their own sanctions programs. Also read: United States President Joe Biden proposes $33 billion package for Ukraine,Earlier, Deputy US Treasury Secretary Wally Adeyemo voiced Washington's worries about Russian tycoons moving assets to the UAE in a call with UAE officials, Bloomberg reported quoting sources. Senior government officials, rich businessmen and finance executives from Russia are increasingly approaching Sheikh Mansour and his office for help managing UAE government processes, adding that Russians have grown more interested in investing in the Middle Eastern nation since the invasion of Ukraine. Also read: ‘Heinous act of barbarism’: Ukraine FM says as explosions rock Kyiv again,Some are shopping for penthouses in Dubai, while others want to buy luxury cars or need help setting up bank accounts and financial firms. The Ministry of Presidential Affairs, led by Sheikh Mansour, has provided greater assistance since the invasion. Also read: West won't cave in to Russia: What Joe Biden's proposed $33B package for Ukraine holds,UAE officials consider Sheikh Mansour's efforts to be part of the government's broader strategy to attract global business and maintain strategic ties with the East and the West, according to several of the people. The Russia-UAE relationship is particularly relevant given their cooperation within the OPEC+ alliance of oil-exporting nations, they said. Also read: Russia-Ukraine war could go on for 'months and years': NATO chief Jens Stoltenberg,Earlier this year, a spokesperson at the UAE's Executive Office of Anti-Money Laundering and Countering the Financing of Terrorism told Bloomberg that the country will continue to pursue deeper collaboration with foreign partners on monitoring international flows of money.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"55.7558","longitude":"37.6173","name":"Moscow, Russia","city":"Moscow"},"keywords":"UAE,Russia,Ukraine,Mansour,US,Bloomberg,Russians,United States,India,Sheikh Mansour,Middle Eastern,Russian,Mansour bin Zayed Al Nahyan,English,Manchester City","originalPublishedOn":"2022-04-29T12:00:00+05:30"}},{"node":{"id":"X3zjGfeUCx8E","slug":"english/united-states-president-joe-biden-proposes-33-billion-package-for-ukraine","slugV2":"usa/united-states-president-joe-biden-proposes-33-billion-package-for-ukraine-624789/","title":"United States President Joe Biden proposes $33 billion package for Ukraine","postType":1,"coverMedia":"/opoyi_h0SKlWOYb.jpg","coverCaption":"US President Joe Biden. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-04-29T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBiden acknowledged the dramatic costs of the United States backing for Ukraine\u003c/li\u003e\n \u003cli\u003eThere was no real choice in the struggle with Russian President Vladimir Putin\u003c/li\u003e\n \u003cli\u003eBiden pushed back against increasingly heated claims by Russian officials\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651200401724,\\\"strCount\\\":2900,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e President Joe Biden on Thursday proposed a $33 billion package for arming and supporting war-torn \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e, saying that \\\\\\\"caving\\\\\\\" into \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e is not an option for the West as the war stretches into a third month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Speaking in the White House, the US President also outlined proposed new laws to allow using luxury assets stripped from Russian oligarchs under unprecedented sanctions to compensate Ukraine for the destruction wreaked by the invading Russians.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/8-midwest-states-seek-permanent-waiver-to-sell-e15-gas-year-round-without-restriction-287774/\\\\\\\"\u003e8 Midwest states seek permanent waiver to sell E15 gas year-round without restriction\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Biden acknowledged the dramatic costs of the United States backing for Ukraine, but said there was no real choice in the struggle with Russian President Vladimir Putin.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The cost of this fight is not cheap. But caving to aggression is going to be more costly if we allow it to happen,\\\\\\\" he said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/west-wont-cave-in-to-russia-what-joe-bidens-proposed-33b-package-for-ukraine-holds-662674/\\\\\\\"\u003eWest won't cave in to Russia: What Joe Biden's proposed $33B package for Ukraine holds\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Reflecting the scale of the US assistance to Ukraine, which is badly mauling the larger and more heavily armed Russian forces, Biden confirmed that the United States has already sent 10 tank-killing weapons for every Russian tank sent into the country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, he pushed back against increasingly heated claims by Russian officials and state media that \u003ca href=\\\\\\\"https://opoyi.com/topics/moscow/\\\\\\\"\u003eMoscow\u003c/a\u003e is fighting the entire West, rather than only Ukraine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/in-musks-twitter-an-indian-american-lawyer-is-under-fire-heres-why-401053/\\\\\\\"\u003eIn Musk’s Twitter, an Indian-American lawyer is under fire. Here’s why\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We're not attacking Russia. We are helping Ukraine defend itself against Russian aggression,\\\\\\\" Biden said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Calling rhetoric in Moscow about the possibility of nuclear warfare a sign of \\\\\\\"desperation,\\\\\\\" the US President said \\\\\\\"no one should be making idle comments about the use of nuclear weapons or the possibility that they would use that. It's irresponsible.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/us-signals-focus-on-china-as-quad-summit-all-set-to-be-held-on-may-24-194048/\\\\\\\"\u003eUS signals focus on China as QUAD summit all set to be held on May 24\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"And after Russian state gas giant Gazprom announced it was cutting supplies to \u003ca href=\\\\\\\"https://opoyi.com/topics/nato/\\\\\\\"\u003eNATO\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e members \u003ca href=\\\\\\\"https://opoyi.com/topics/bulgaria/\\\\\\\"\u003eBulgaria\u003c/a\u003e and Poland, Biden said the US would \\\\\\\"not let Russia intimidate or blackmail their way out of these sanctions.\\\\\\\"\\\"}}]}","relatedPosts":null,"location":{"name":"Washington D.C., DC, USA"},"createdBy":{"name":"Ajay Joseph","photo":null,"username":"ajay4396","id":"LFYsY6JozEMx","role":null},"topics":[{"name":"JoeBiden","slug":"joebiden","id":"tLOXw4T5mTfp","isSection":0},{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Bulgaria","slug":"bulgaria","id":"arICZsQzo7oH","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Moscow","slug":"moscow","id":"uXRd89o0MuOj","isSection":0},{"name":"Poland","slug":"poland","id":"eME2RBs6F4x4","isSection":0},{"name":"Biden","slug":"biden","id":"w3aFjwvXbPeA","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Politics","slug":"politics","id":"ODQ1kqHlUPEu","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Ajay Joseph","id":"LFYsY6JozEMx","username":"ajay4396","role":1,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-04-29T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"US President Joe Biden on Thursday proposed a $33 billion package for arming and supporting war-torn Ukraine, saying that caving into Russia is not an option for the West as the war stretches into a third month. Speaking in the White House, the US President also outlined proposed new laws to allow using luxury assets stripped from Russian oligarchs under unprecedented sanctions to compensate Ukraine for the destruction wreaked by the invading Russians. Also read: 8 Midwest states seek permanent waiver to sell E15 gas year-round without restriction,Biden acknowledged the dramatic costs of the United States backing for Ukraine, but said there was no real choice in the struggle with Russian President Vladimir Putin. The cost of this fight is not cheap. But caving to aggression is going to be more costly if we allow it to happen, he said. Also read: West won't cave in to Russia: What Joe Biden's proposed $33B package for Ukraine holds,Reflecting the scale of the US assistance to Ukraine, which is badly mauling the larger and more heavily armed Russian forces, Biden confirmed that the United States has already sent 10 tank-killing weapons for every Russian tank sent into the country. However, he pushed back against increasingly heated claims by Russian officials and state media that Moscow is fighting the entire West, rather than only Ukraine. Also read: In Musk’s Twitter, an Indian-American lawyer is under fire. Here’s why,We're not attacking Russia. We are helping Ukraine defend itself against Russian aggression, Biden said. Calling rhetoric in Moscow about the possibility of nuclear warfare a sign of desperation, the US President said no one should be making idle comments about the use of nuclear weapons or the possibility that they would use that. It's irresponsible. Also read: US signals focus on China as QUAD summit all set to be held on May 24,And after Russian state gas giant Gazprom announced it was cutting supplies to NATO and EU members Bulgaria and Poland, Biden said the US would not let Russia intimidate or blackmail their way out of these sanctions.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"38.9072","longitude":"-77.0369","name":"Washington D.C., DC, USA","city":"Washington"},"keywords":"Ukraine,US,Russian,Russia,the United States,Moscow,Joe Biden,Russians,Midwest,Vladimir Putin,Joe Biden's,Biden,Indian-American,China,Gazprom","originalPublishedOn":"2022-04-29T08:45:00+05:30"}},{"node":{"id":"Z5HbfL04uF2u","slug":"english/west-wont-cave-in-to-russia-what-joe-bidens-proposed-33b-package-for-ukraine-holds","slugV2":"usa/west-wont-cave-in-to-russia-what-joe-bidens-proposed-33b-package-for-ukraine-holds-662674/","title":"West won't cave in to Russia: What Joe Biden's proposed $33B package for Ukraine holds","postType":1,"coverMedia":"/opoyi_b2IAyO4ts3Ew.jpg","coverCaption":"President Joe Biden speaks at the National League of Cities Congressional City Conference, Monday, March 14, 2022, in Washington. (AP Photo","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-04-29T01:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe supplemental funding request includes $16.4 billion for the Defense Department\u003c/li\u003e\n \u003cli\u003eAdditionally, Biden is seeking $4 billion in Foreign Military Financing for Ukraine\u003c/li\u003e\n \u003cli\u003eBiden also said that they are not fighting Russia, but helping Ukraine in its war\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1651173620985,\\\"strCount\\\":4552,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"US President Joe \u003ca href=\\\\\\\"https://opoyi.com/topics/biden/\\\\\\\"\u003eBiden\u003c/a\u003e on Thursday urged the Congress to approve a huge $33 billion package for arming and supporting Ukraine as the war with Russia continues into a third month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While making the proposal, Biden said that the West will not \\\\\\\"cave\\\\\\\" in to Russia, which has been trying hard to take over Ukraine since launching an invasion on Feb. 24.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The supplemental funding request includes $16.4 billion for the Defense Department, $8.5 billion in economic assistance, and $3 billion for humanitarian assistance and to fight food insecurity.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russia-ukraine-war-could-go-on-for-months-and-years-nato-chief-jens-stoltenberg-448351/\\\\\\\"\u003eRussia-Ukraine war could go on for 'months and years': NATO chief Jens Stoltenberg\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“Additional security assistance will put urgently needed equipment into the hands of Ukraine’s military and police, including ammunition, armored vehicles, small arms, demining assistance and unmanned aircraft systems,” Biden wrote in a letter to House Speaker Nancy Pelosi, D-Calif.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Biden also said that he is aware of the\u0026nbsp;dramatic costs of US backing for Ukraine, but there was no real choice in the struggle with Russian President Vladimir Putin.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The cost of this fight is not cheap. But caving to aggression is going to be more costly if we allow it to happen,\\\\\\\" he said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/abortion-pills-sent-to-ukraine-as-russia-unleashes-war-crimes-like-rape-679263/\\\\\\\"\u003eAbortion pills sent to Ukraine as Russia unleashes war crimes like rape\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Additionally, the Biden administration is seeking $4 billion in Foreign Military Financing for Ukraine, a State Department program that would help Kyiv the ability to purchase \u003ca href=\\\\\\\"https://opoyi.com/topics/american/\\\\\\\"\u003eAmerican\u003c/a\u003e defense articles from the US. Biden confirmed that the US has already sent 10 tank-killing weapons for every Russian tank sent into the country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"There have been several questions raised that the\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e\u0026nbsp;war\u0026nbsp;was becoming a proxy war between the United States and\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e. However,\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e\u0026nbsp;Defense Secretary Lloyd\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/topics/austin/\\\\\\\"\u003eAustin\u003c/a\u003e\u0026nbsp;on Tuesday rejected the claims.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, Biden also said that they are not fighting Russia, but helping Ukraine in its war.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/poland-president-andrzej-duda-calls-for-ukraine-unity-at-holocaust-event-263475/\\\\\\\"\u003ePoland President Andrzej Duda calls for Ukraine unity at Holocaust event\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We're not attacking Russia. We are helping Ukraine defend itself against Russian aggression,\\\\\\\" Biden said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The US president also said that Washington was\u0026nbsp;working to shore up European energy supplies after\u0026nbsp;Russian state gas giant Gazprom announced it was cutting supplies to NATO and \u003ca href=\\\\\\\"https://opoyi.com/topics/eu/\\\\\\\"\u003eEU\u003c/a\u003e members \u003ca href=\\\\\\\"https://opoyi.com/topics/bulgaria/\\\\\\\"\u003eBulgaria\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/poland/\\\\\\\"\u003ePoland\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"We will not let Russia intimidate or blackmail their way out of these sanctions. We will not allow them to use their oil and gas to avoid consequences for their aggression,\\\\\\\" Biden said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The bulk of the proposed $33 billion package, which will go into helping Ukraine stand up against Russia, will be \\\\\\\"$20 billion in military and other security assistance. This means weapons and ammunition flowing to the Ukrainian people,\\\\\\\" a senior US official told reporters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A further $8.5 billion in economic aid will \\\\\\\"help the government of Ukraine respond to the immediate crisis,\\\\\\\" while some $3 billion is proposed to fund humanitarian assistance.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/un-sec-gen-antonio-guterres-visits-bucha-borodyanka-decries-horrific-scenario-187607/\\\\\\\"\u003eUN Sec-Gen Guterres visits Bucha, Borodyanka; decries 'horrific scenario'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Speaking in the White House, Biden also outlined proposed new laws to allow using luxury assets stripped from Russian oligarchs. So far, the EU allies have frozen more than $30 billion in Russian assets, including almost $7 billion in luxury goods belonging to oligarchs, including yachts, art, real estate and helicopters, the White House said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The United States has \\\\\\\"sanctioned and blocked vessels and aircraft worth over $1 billion, as well as frozen hundreds of millions of dollars of assets belonging to Russian elites in US accounts,\\\\\\\" said the statement.\\\"}}]}","relatedPosts":null,"location":{"name":"United States"},"createdBy":{"name":"Suman V","photo":null,"username":"sumanv","id":"KhO1NvH3W2sk","role":null},"topics":[{"name":"Bulgaria","slug":"bulgaria","id":"arICZsQzo7oH","isSection":0},{"name":"Biden","slug":"biden","id":"w3aFjwvXbPeA","isSection":0},{"name":"VladimirPutin","slug":"vladimirputin","id":"DIwA3nLp1xnf","isSection":0},{"name":"JoeBiden","slug":"joebiden","id":"tLOXw4T5mTfp","isSection":0},{"name":"LloydAustin","slug":"lloydaustin","id":"JdmbUKxJ56Kl","isSection":0},{"name":"EU","slug":"eu","id":"HocLiZmmkT0u","isSection":0},{"name":"Poland","slug":"poland","id":"eME2RBs6F4x4","isSection":0},{"name":"StateDepartment","slug":"statedepartment","id":"P2jvCmRcXLQO","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"American","slug":"american","id":"NZFYoh1gkc1s","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NATO","slug":"nato","id":"ZJ2DvRkctgph","isSection":0},{"name":"Washington","slug":"washington","id":"Fqv5l2w7tKCw","isSection":0},{"name":"Congress","slug":"congress","id":"KGrnteP5qPtc","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Suman V","id":"KhO1NvH3W2sk","username":"sumanv","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-04-29T01:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"US President Joe Biden on Thursday urged the Congress to approve a huge $33 billion package for arming and supporting Ukraine as the war with Russia continues into a third month. While making the proposal, Biden said that the West will not cave in to Russia, which has been trying hard to take over Ukraine since launching an invasion on Feb. 24. The supplemental funding request includes $16.4 billion for the Defense Department, $8.5 billion in economic assistance, and $3 billion for humanitarian assistance and to fight food insecurity. Also Read | Russia-Ukraine war could go on for 'months and years': NATO chief Jens Stoltenberg,“Additional security assistance will put urgently needed equipment into the hands of Ukraine’s military and police, including ammunition, armored vehicles, small arms, demining assistance and unmanned aircraft systems,” Biden wrote in a letter to House Speaker Nancy Pelosi, D-Calif. Biden also said that he is aware of the dramatic costs of US backing for Ukraine, but there was no real choice in the struggle with Russian President Vladimir Putin. The cost of this fight is not cheap. But caving to aggression is going to be more costly if we allow it to happen, he said. Also Read | Abortion pills sent to Ukraine as Russia unleashes war crimes like rape,Additionally, the Biden administration is seeking $4 billion in Foreign Military Financing for Ukraine, a State Department program that would help Kyiv the ability to purchase American defense articles from the US. Biden confirmed that the US has already sent 10 tank-killing weapons for every Russian tank sent into the country. There have been several questions raised that the Ukraine war was becoming a proxy war between the United States and Russia. However, US Defense Secretary Lloyd Austin on Tuesday rejected the claims. Meanwhile, Biden also said that they are not fighting Russia, but helping Ukraine in its war. Also Read | Poland President Andrzej Duda calls for Ukraine unity at Holocaust event,We're not attacking Russia. We are helping Ukraine defend itself against Russian aggression, Biden said. The US president also said that Washington was working to shore up European energy supplies after Russian state gas giant Gazprom announced it was cutting supplies to NATO and EU members Bulgaria and Poland. We will not let Russia intimidate or blackmail their way out of these sanctions. We will not allow them to use their oil and gas to avoid consequences for their aggression, Biden said. The bulk of the proposed $33 billion package, which will go into helping Ukraine stand up against Russia, will be $20 billion in military and other security assistance. This means weapons and ammunition flowing to the Ukrainian people, a senior US official told reporters. A further $8.5 billion in economic aid will help the government of Ukraine respond to the immediate crisis, while some $3 billion is proposed to fund humanitarian assistance. ,Also Read | UN Sec-Gen Guterres visits Bucha, Borodyanka; decries 'horrific scenario',Speaking in the White House, Biden also outlined proposed new laws to allow using luxury assets stripped from Russian oligarchs. So far, the EU allies have frozen more than $30 billion in Russian assets, including almost $7 billion in luxury goods belonging to oligarchs, including yachts, art, real estate and helicopters, the White House said. The United States has sanctioned and blocked vessels and aircraft worth over $1 billion, as well as frozen hundreds of millions of dollars of assets belonging to Russian elites in US accounts, said the statement.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"37.0902","longitude":"-95.7129","name":"United States","city":"Bartlesville"},"keywords":"US,Ukraine,Russia,Russian,Biden,Joe Biden,Congress,the Defense Department,House,Nancy Pelosi,Vladimir Putin,State Department,American,the United States,LloydAustin","originalPublishedOn":"2022-04-29T01:00:00+05:30"}}]},"widgets":[]},"topicList":[],"slug":"eu","lang":"en","sectionArray":[1,2],"messages":{"Disclaimer":{"DISCLAIMER":"Disclaimer","OPINION_DISCLAIMER":"The views expressed in this article are the personal opinions of the author. 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