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Monthly Archives: June 2023

What next after the Wagner rebellion against Putin

A Ukrainian police officer walks past a 24-storey building partially destroyed following a Russian missiles strike in Kyiv early on June 24, 2023. Sergei Supinsky | Afp | Getty Images Ukrainian forces can look to take advantage of the Wagner Group’s short-lived armed rebellion, analysts said, with confusion among Russia’s …

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Amid falling inflation, fewer Americans live paycheck to paycheck

After leaning heavily on their paychecks as prices spiked over the last year, households are finally feeling some relief. As of May, 57% of consumers said they were living paycheck to paycheck, down from 61% the month earlier, according to a new LendingClub report. Workers last month saw their buying power improve for the first time …

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Putin’s regime looks deeply damaged despite failure of coup

Face masks depicting Russian President Vladimir Putin, right, and owner of private military company Wagner Group Yevgeny Prigozhin are displayed among others for sale at a souvenir shop in St. Petersburg, Russia, Sunday, June 4, 2023. AP With a so-called “24-hour coup” by Russia’s mercenary boss Yevgeny Prigozhin ending in …

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China says it supports Russia, says Wagner rebellion is ‘internal affair’

Chinese President Xi Jinping and Russian President Vladimir Putin. Xie Huanchi | Xinhua News Agency | Getty Images China on Sunday described an aborted rebellion by a Russian mercenary force as an “internal affair” and expressed support for the Kremlin’s efforts to maintain national stability. “This is Russia’s internal affair,” …

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Millions pushed toward the brink of insolvency

U.K. Prime Minister Rishi Sunak conceded shortly after the BOE’s rate hike that the government’s mission to halve inflation to 5% by the end of the year had recently become more difficult. Wpa Pool | Getty Images News | Getty Images There is intensifying pressure on Britain’s government to do …

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Anwar says ‘not realistic’ for Malaysia to achieve net-zero by itself

KUALA LUMPUR, Malaysia — Malaysia has ambitious goals to cut its greenhouse gas emissions by 2050 — but the Southeast Asian nation cannot do it alone, said the country’s Prime Minister Anwar Ibrahim. “They expect developing countries like Malaysia to do it on our own which is not realistic,” Anwar …

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Russian mercenary chief Prigozhin is ‘dead man walking’: Eurasia Group

Russian mercenary chief Yevgeny Prigozhin is a “dead man walking” after leading a botched rebellion against Vladimir Putin, according to Ian Bremmer, president of Eurasia Group. The weekend’s armed revolt by Prigozhin, a former Putin ally who founded the Wagner private militia group, was widely seen as the biggest threat …

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OPEC says oil demand will hit 110 million barrels per day in 2045

The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. In October last year, the oil cartel announced its decision to cut output by two million barrels per day. Joe Klamar | Afp | Getty Images KUALA LUMPUR — Global oil demand will rise to …

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Employees say their well-being has worsened, but bosses disagree: Survey

A new report highlights that leaders do not have “a firm grasp” of their employees’ well-being. Many employees are still struggling with low levels of well-being — with most of them saying that their health worsened or stayed the same last year, according to a survey of 3,150 people conducted …

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Oil prices climb after Russia mutiny stoke fears of supply disruption

Russia’s President Vladimir Putin issues a statement in Moscow on June 24, 2023 as Wagner fighters stage rebellion in the biggest threat to Putin’s quarter-century grip on power. Pavel Bednyakov | AFP | Getty Images Oil prices rose on Monday after an attempted insurrection in Russia stoked fears that energy …

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