Russia

Russia's High-Tech Artillery System Was Supposed To Win The War In Ukraine. But Troops Didn't Know How To Use It

11 days ago   |   By Forbes

A sophisticated artillery fire-control system is useless if the troops don't know how to operate it. Sure, they might fire off a lot of shells. Just don't count on them hitting the right things-and certainly not quickly.
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Brace for 'violent' shocks that may reshape the global economy forever, warns top economist Mohamed El-Erian

11 days ago   |   By Business Insider

Markets should brace for a drawn-out recession, Mohamed El-Erian has warned. Shannon Stapleton/Reuters
The global economy is headed for a severe recession, Mohamed El-Erian has warned.
The economist expects "more uncertainty in the future as shocks grow more frequent and more violent".
The recession will be drawn-out rather than "short and shallow", he added.
Markets should brace for a severe recession that might forever change the world economy, Mohamed El-Erian has warned. The economist said on Tuesday that a combination of pressures on supply, central bank tightening, and market...
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Global growth may slump to 2009 levels next year as the Russia-Ukraine 'forever war' drags on, IIF warns

11 days ago   |   By Business Insider

The Ukraine war could hit global growth until 2024, the Institute of International Finance said. Pavlo Palamarchuk/Getty Images
Global growth could slow to just 1.2% in 2023, according to the Institute of International Finance.
Growth was last that weak in 2009 as the financial crisis ravaged the global economy.
The "forever war" between Russia and Ukraine could hammer growth until 2024, the IIF said.
Global growth could plunge to 2009 levels next year when adjusted for base effects as the war between Russia and Ukraine continues to weigh on the world economy, according to the Institute of...
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Archive lands $15M as more clothing brands ‘get serious about resale'

Archive lands $15M as more clothing brands ‘get serious about resale'

Scoring that high-end, brand-name outfit - but you know, the kind you find from a secondhand store - can be a thrill. Much of that has traditionally been driven by individuals... Read more ...

From the creator of Homebrew, Tea raises $8.9M to build a protocol that...

From the creator of Homebrew, Tea raises $8.9M to build a protocol that helps open source developers get paid

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What Do Rising Treasury Yields That Mean For Your Investments?

The inverse relationship between yields and prices has caused bond prices to crash, and it's likely that they've got further to fall. Read more ...

India defends Russian oil purchases

India defends Russian oil purchases

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