Exclusive: IOC could ban Iran from Olympics over human rights abuses August 7, 2023 The International Olympic Committee (IOC) stands ready to ban Iranian athletes from competing at next year’s Olympic Games in Paris if human rights abuses in the country continue, City A.M. understands. With tensions in the nation between protestors and both the government and Islamic Revolutionary Guard Corps, athletes have been targeted by the regime. Former [...]
Go to Porto Montenegro to gawp at the most expensive yachts in the world August 7, 2023 The marketing slogan for Porto Montenegro, a luxury 450-berth marina and residential village, is A Life less Ordinary. And what could be less ordinary than the accompanying launch photo of a small boy fishing with his dad from the back of their boat: a gigantic superyacht? Given this new development is funded by the Investment [...]
LNG boom attracts Asian energy giants to London as Europe fights blackout threat August 6, 2023 Soaring demand for LNG in Europe has triggered a flurry of activity in London, with Asian energy companies looking to maximise booming trade.
Oil prices boosted by six weeks of gains as supplies tighten worldwide August 6, 2023 Oil markets will open trading on Monday having recorded six weeks of gains across both major benchmarks, as tightening supplies bolster prices.
Ukraine sea drones attack Russia port damaging ship as Kyiv fightback continues August 4, 2023 Ukrainian sea drones have attacked a major Russian port on the Black Sea, damaging a naval ship, according to a Ukrainian official. It is the latest in a series of strikes inside Russia as Kyiv vowed to bring the fight home to them. Moscow claimed it repelled the attack. The strike on Novorossiysk marks the [...]
Further North Sea exploration won’t lower bills, but it will limit green jobs August 4, 2023 More oil and gas in the North Sea is prioritising an industry which will mean, in the long term, bills are higher and we’re further away from self-reliance, writes Nigel Pocklington
Russia hit by drone attacks as Ukraine fights back with buildings hit miles from the Kremlin July 31, 2023 Ukraine attacked Russia with drones on Sunday, damaging two office buildings just miles from the Kremlin and a pig-breeding complex on the countries’ border. The attacks, which Ukraine did not acknowledge in keeping with its security policy, reflected a pattern of more frequent and deeper cross-border strikes the Kyiv government has launched since starting a [...]
Summer break offers Formula 1 welcome respite from Verstappen dominance July 30, 2023 As Max Verstappen crossed the damp line yesterday at Spa-Francorchamps in Belgium, it marked the conclusion of the opening act of the hit theatre show that is Formula 1. And with an intermission lasting until the end of the month, there’s considerable time to ponder over the season thus far. Red Bull and Max Verstappen [...]
Ex Fed chair Ben Bernanke to lead review into Bank of England forecasting July 28, 2023 Ben Bernanke, ex-chair of the Federal Reserve, has been appointed to lead a review into the Bank of England’s forecasting during times of significant uncertainty. The review aims to strengthen the Monetary Policy Committee’s (MPC) approach to forecasting during times of uncertainty, such as the Russian invasion of Ukraine. Bernanke, a Nobel prize winning economist [...]
Russia claims it shot down a drone from Ukraine as war enters 18th month July 28, 2023 A Ukrainian drone has been shot down near Moscow, Russia’s defence ministry has said. It is the third drone strike or attempt on the capital region this month. There were no injuries or damage, the ministry added. It did not give details about where the drone was shot down on Friday morning, but said it [...]