India raises spending and avoids “outright populism” in the pre-election budget

Capital expenditure will increase by 33% to 10 trillion rupees in 2023/24 The government targets total borrowing at 15.43 trillion rupees It looks forward to a fiscal deficit of 5.9% in 2023/24, 4.5% by 2025/26 NEW DELHI (Reuters) – India on Wednesday announced one of the largest increases ever in capital spending for the next … Read more

Western allies disagree over planes for Ukraine, while Russia claims gains

Biden said “no” when asked about the F-16s for Ukraine Zelensky: Moscow is seeking a big revenge The Russian official claimed a foothold at Vuhledar Kyiv could regain control of the land upon the arrival of Western weapons – a group Kyiv (Reuters) – Ukraine’s defense minister is expected in Paris on Tuesday to meet … Read more

Exclusive: US issues license to Trinidad and Tobago to develop Venezuela’s offshore gas field

US and Trinidad officials said on Tuesday that the Biden administration has granted a license to Trinidad and Tobago to develop a large gas field located in Venezuelan territorial waters, in another step to ease some sanctions. in Venezuela. The license, issued by the US Treasury Department at Trinidad’s request and intended to boost regional … Read more

Pakistan is scrambling to restore electricity after the second major power grid collapse in months

ISLAMABAD (Reuters) – Pakistan’s government said on Monday it was scrambling to restore electricity to millions of people after a grid collapse caused the worst power outages in months and highlighted poor infrastructure in the debt-ridden country. Energy Minister Khurram Dastgir told reporters that an investigation had been launched into the outage, which he said … Read more

Davos 2023: Greta Thunberg accuses energy companies of throwing people ‘under the bus’

DAVOS, Switzerland (Reuters) – Greta Thunberg called on the global energy industry and its financiers to end all fossil fuel investments on Thursday at a high-level meeting in Davos with the head of the International Energy Agency. During a roundtable discussion with Fatih Birol on the sidelines of the World Economic Forum’s annual meeting, activists … Read more

Asian stocks are slightly higher, and the Bank of Japan is struggling bears on bonds

https://tmsnrt.rs/2zpUAr4 The Bank of Japan is under heavy pressure while defending the yield policy The BoJ’s surrender could lift the yen, hurting global bonds More profits to come, many central bank speakers SYDNEY (Reuters) – Asian stocks rose on Monday as investors waited anxiously to see if the Bank of Japan (BOJ) would defend its … Read more

Police move into a coal mine, demonstrators holed up in an abandoned German village

LUZERAT, Germany (January 11) (Reuters) – Hundreds of police began clearing out a deserted village of climate change protesters on Wednesday in a standoff over an opencast pottery mine expansion that highlighted tensions over climate policy in Germany during an energy crisis. . Forming human chains, demonstrators erected a makeshift barrier from old containers and … Read more