Explainer: The impact of floods on Ukrainian farmlands after the destruction of the Kakhovka dam June 9, 2023 On Tuesday, the Kakhovka hydroelectric power plant and dam in Ukraine was destroyed, causing floods of disastrous proportions. The dam was the largest reservoir in the country in terms of volume. Ukraine blamed it on Russia, saying it destroyed the dam to block Ukrainian troops in their counter-offensive. Russia, of course, blamed Ukraine, without providing [...]
Three injured as drone crashesd into Russian building – while Ukraine recovers from flood damage from dam destruction June 9, 2023 Three people have been injured after a drone crashed into a residential building in a city in south-western Russia near the border with Ukraine, the regional governor said. The latest drone attack to target Russian cities in recent weeks comes as Ukraine has been intensifying its efforts to expel Russian forces from a vast swathe [...]
Sunak and Biden announce UK-US partnership on AI, minerals and Ukraine June 9, 2023 Joe Biden and Rishi Sunak announced their countries would partner on AI, clean energy and critical minerals.
Government eases windfall tax to protect North Sea oil and gas projects June 9, 2023 The government has softened the windfall tax in a bid to soothe industry concerns over the UK’s investment climate in the North Sea.
Jet fuel costs keep Wizz Air loss making – but optimism for the year ahead June 8, 2023 Wizz Air saw its operating losses remain flat at €466.8m (£401.6m) in its full year results this morning, as last year’s soaring jet fuel costs pummelled the budget carrier. Total net losses were at €535.1m (£460.4m). Despite this, Wizz Air was confident about swinging to a profit later in the year, and saw a record [...]
Sunak in DC: Britain to host AI summit amid creators’ ‘nuclear war’ risks June 8, 2023 The UK will host the first global summit on artificial intelligence (AI) safety, Rishi Sunak announced ahead of talks on the issue with Joe Biden. The summit, which will be held in the autumn, will consider the need for international co-ordinated action to mitigate the risks of the emerging technology. Ahead of Thursday’s meeting with [...]
Patriots review, Noel Coward Theatre: An uncomfortably prescient examination of Putin June 8, 2023 Patriots review and star rating: ★★★ There’s an uncomfortable contemporaneity about Peter Morgan’s Patriots, whichfirst opened at the Almeida last July. It takes Putin as its subject and in the nearly twelve months since its premiere, the dictator has been responsible for the deaths of around 9,000 unarmed Ukrainian civilians; many thousands remain in asylum [...]
Explainer: What if Ben Wallace becomes NATO chief? June 7, 2023 Rishi Sunak is in the United States to meet with President Joe Biden for the fourth time this year. His agenda is packed, and the main topic of discussion with Biden is expected to be artificial intelligence. Indeed, Sunak hopes to drum enthusiasm up for the UK as a global leader in AI regulation. Although [...]
Oil, gas and LNG drives Trafigura to record £4.4bn half-year profits June 7, 2023 Trafigura posted a record net profit of £4.4bn ($5.5bn) in the first half of its 2023 financial year that ended in March.
Tens of thousands at risk of flooding after Russian-held Ukraine dam collapse June 7, 2023 At least seven people are missing after waters from the destroyed Nova Kakhovka dam flooded nearby areas, Russia’s TASS news agency cited the Moscow-installed mayor of the city of Nova Kakhovka as saying on Wednesday. The Moscow-controlled Nova Kakhvovka dam on the Dnipro River was destroyed on Tuesday, flooding a swathe of the frontline in the Kherson [...]