Russia Defaults on Foreign Debt Following Sanctions
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Russia Defaults on Foreign Debt Following Sanctions
Russia Defaults on Foreign Debt , Following Sanctions.
Fox News reports Russia failed to make
two payments by June 26, .
Resulting in the country defaulting on its foreign debt for the first time since 1918.
However, the country is saying the default is artificial since it has the funds to pay, .
But its foreign currency reserves have been frozen due to sanctions imposed over its war with Ukraine.
There is money and there is also the readiness to pay.
, Anton Siluanov, Russian Finance Minister, via Fox News.
This situation, artificially created by an unfriendly country, will not have any effect on Russians’ quality of life, Anton Siluanov, Russian Finance Minister, via Fox News.
Fox News reports that Russia owes
close to $40 billion in foreign bonds,
half of which is due to foreigners.
Before sanctions were imposed on the country, it held about $640 billion in
foreign currency and gold reserves.
.
Fox News reports that the international community came to Russia's aid in the 1990s when it defaulted on domestic debts.
But considering much of the world disapproves of Putin's war with Ukraine,
such help seems unlikely today
Iranian President Vows to Destroy Israel , if It Launches the ‘Tiniest Invasion’.
On April 13, Iran attacked Israel with
hundreds of drones and missiles.
It was the first time that Iran has ever launched a direct military attack on Israel, Fox News reports. .
Although Israel was able to fend off
about 99% of the projectiles, the
country is considering retaliation.
On April 17, Iranian President Ebrahim Raisi warned Israel that if it does decide to
attack with even the "tiniest invasion," .
Iran's response would be "massive and harsh.".
Nothing would remain
from the Zionist regime, Iranian President Ebrahim Raisi, via Fox News.
Raisi delivered his remarks during
a military parade north of Tehran.
Prior to Raisi's threats, Israel vowed
to respond to the attacks.
The country did not provide details,
but its military council met on April 16
to decide how to proceed.
Leaders around the world have
urged Israel to stand down. .
While Israel and Iran have been at odds
for decades, their conflict came to a
head recently since Iran supports Hamas, .
which attacked Israel on Oct. 7 and
prompted Israel's current offensive in Gaza.
Credit: Wibbitz Top Stories Duration: 01:30Published
Samsung Knocks Apple , From Top Phonemaker Spot.
Samsung Knocks Apple , From Top Phonemaker Spot.
Fox News reports that Apple's phone shipments have dropped by about 10%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
Xiaomi came in third with 14.1%.
Samsung shipped over
60 million phones during Q1 2024.
Samsung shipped over
60 million phones during Q1 2024.
Apple only shipped 50.1 million. .
Last year during the same time period,
Apple shipped 55.4 million. .
Overall, smartphone shipments rose 7.8% worldwide to 289.4 million units during Q1 2024.
The increase in Samsung shipments
could be attributed to the company's
release of Galaxy S24 series phones.
During a launch event at the beginning
of the year, Galaxy AI, which is incorporated
into the company's new smartphones,
was touted as "a new era of mobile AI.".
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts. .
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts.
Credit: Wibbitz Top Stories Duration: 01:31Published
Drug Shortages Reach , All-Time High in US, , Pharmacists Say.
According to the American Society of Health-System Pharmacists (ASHP) and
the Utah Drug Information Service.
the first quarter of 2024 saw
323 active drug shortages, Fox News reports.
The previous record of
320 shortages was set in 2014.
ASHP CEO Paul Abramowitz said,
"some of the most worrying shortages involve generic sterile injectable medications," .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
Abramowitz went on to say that the
"ongoing national shortages of therapies for attention-deficit/hyperactivity disorder also remain
a serious challenge for clinicians and patients.".
A separate ASHP report said that "the most severe and persistent shortages are driven by economic factors that undermine investment in manufacturing capacity, manufacturing quality and supply chain reliability.".
These economic challenges are
driven by extreme price competition
among generic manufacturers, ASHP, via report.
ASHP will continue to engage
with policymakers regularly as we guide
efforts to draft and pass new legislation
to address drug shortages and continue
to strongly advocate on behalf of our
members for solutions that work, ASHP CEO Paul Abramowitz, via statement.
Last week, the Department of Health and Human Services issued a white paper recommending tactics for Congress to help.
With today’s white paper,
HHS offers solutions and stands
ready to work with Congress to
ensure no patient faces the devastating
consequences of drug shortages or
goes without needed medicines, U.S. Department of Health and Human Services, via press release
Credit: Wibbitz Top Stories Duration: 01:31Published
Dwayne 'The Rock' Johnson is saying he will not be endorsing Joe Biden for President as he once did during the last presidential election. During an interview with Fox News, Johnson expressed some regret about his 2020 endorsement for Biden and Kamala Harris saying he won't endorse any candidate this year.
Credit: The Hollywood Reporter Duration: 01:30Published
Safety Tips for , Viewing the Upcoming , Solar Eclipse.
Ahead of the April 8 eclipse that can be viewed in the
United States, Fox News offered some safety tips for
anyone looking to catch a glimpse of the event. .
The number one tip is to wear proper eclipse glasses
which are significantly darker than normal sunglasses
and specifically designed for witnessing solar events. .
Genuine eclipse glasses will have an , ISO 12312-2 filter. .
NASA suggests people check the American
Astronomical Society's list of safe options
for selecting a brand of eclipse glasses.
Fox News warns that the popularity of the upcoming
eclipse has driven third-party vendors to flood
online marketplaces with fake eclipse glasses. .
People without eclipse glasses can still
view the eclipse with a pinhole projector
which can easily be made at home.
Cut a 1- to 2-inch square out of
the center of a piece of plain
white paper or white cardboard.
Cover the square you just cut out by taping
a piece of aluminum foil over the hole. .
Next, use a pin or thumbtack to
poke a hole in the aluminum foil.
A second piece of paper or cardboard
is used as the screen on which the
image of the eclipse will be projected.
To view: place the screen on the ground and stand with your back to the sun, holding your projector with the foil pointed toward the sky.
Adjust the distance between your projector
and the screen to make the image of
the eclipse appear larger or smaller.
Credit: Wibbitz Top Stories Duration: 01:31Published
The Foreign Office has summoned Russia's ambassador to the UK after a British man was charged over an arson plot on London businesses linked to Ukraine. Sky News
As China strengthens trade and military ties with Russia amidst Western sanctions, NATO issues a stern warning, urging Beijing to halt its support for Russia's actions in Ukraine if it desires positive relations with the West. Explore the implications of this diplomatic standoff and the escalating tensions in this crucial geopolitical landscape.
#RussiaUkraineWar #RussiaChinaRelations #ChinaRussia #RussianStrikes #UkrainianStrikes #RussiaAttacksUkraine #UkraineAttacksRussia #FrontlineRegions #Oneindia
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Intense clashes between Russian and Ukrainian forces result in tragedy as at least 10 people are killed in frontline regions. With Russian forces intensifying their offensive in the eastern Donetsk region ahead of May 9th, tensions escalate amidst commemorations of World War II. Stay informed on the latest developments in this volatile situation.
#RussiaUkraineWar #RussianStrikes #UkrainianStrikes #RussiaAttacksUkraine #UkraineAttacksRussia #FrontlineRegions #Oneindia
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On Monday, April 8th, an uncommon scene unfolded in Orsk as over a hundred Russians took to the streets, seeking President Vladimir Putin's intervention in the aftermath of unprecedented flooding that had besieged their city. Amidst chants of "shame on you," aimed squarely at local authorities, the demonstrators voiced their frustration, accusing officials of neglecting their duty to alleviate the dire situation.
#RussiaFloods #VladimirPutin #OrskAnger #CompensationDemands #OrenburgDisaster #FloodDamage #EmergencyDeclared #RussianProtest #DamCollapse #DisplacedResidents #RebuildOrsk
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When asked if the West is doing sufficient to keep “the Russians at bay”, Defence Secretary Grant Shapps says we “need to do more” and “that it is unthinkable that we would lose this war to Putin." Report by Rowlandi. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Russia Vetoes UN Resolution , to Prevent Nukes in Space.
The resolution was sponsored
by Japan and the United States.
It called on all nations to refrain from developing or deploying nuclear weapons "or other weapons of mass destruction in space," 'The Guardian' reports. .
A 1967 international treaty
already bans such weapons in space.
Russia’s U.N. Ambassador, Vassily Nebenzia,
vetoed the resolution, calling it "absolutely absurd and politicized," as well as a "dirty spectacle.".
China abstained from voting, while the rest of the 15-member council voted in favor of the resolution. .
Today’s veto begs the question:
Why? Why, if you are following the
rules, would you not support a
resolution that reaffirms them?
What could you possibly be hiding, Linda Thomas-Greenfield, U.S. ambassador to the U.N., via 'The Guardian'.
Russia and China would rather establish an
amendment calling on all nations "to prevent for
all time the placement of weapons in outer space, and the threat of use of force in outer spaces.".
We want a ban on the placement of
weapons of any kind in outer space, not
just WMDs [weapons of mass destruction].
But you don’t want that. And let me ask
you that very same question. Why?, Vassily Nebenzia, Russia’s U.N. ambassador, via 'The Guardian'.
Nebenzia went on to say, "if we recall that the U.S. and their allies announced some time ago plans to place weapons … in outer space.".
The U.S.-Japan resolution was announced in March after it was determined that Russia was in possession of "a 'troubling' anti-satellite weapon capability," 'The Guardian' reports.
However, earlier this year, Putin said, , "Our position is clear and transparent: We have always been categorically against and are now against the deployment of nuclear weapons in space."
Credit: Wibbitz Top Stories Duration: 01:31Published
Senate Passes $95 Billion , Foreign Aid Package.
On April 23, the U.S. Senate voted
79-18 to approve foreign aid for Ukraine,
Israel and Taiwan, 'The Guardian' reports. .
Today the Senate sends a unified
message to the entire world:
America will always defend
democracy in its hour of need, Senate Majority Leader Chuck Schumer, via statement.
Make no mistake, America will deliver
on its promise to act like a leader on the
world stage, to hold the line against
autocratic thugs like Vladimir Putin. , Senate Majority Leader Chuck Schumer, via statement.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
A provision to ban TikTok
after the election if ByteDance refuses
to sell the platform is also included.
The legislation will now head to President Biden, who told Ukrainian President Volodymyr Zelensky on
April 23 that he will "move quickly" to provide aid.
Senate Majority Leader Chuck Schumer praised House Speaker Mike Johnson, .
Senate Majority Leader Chuck Schumer praised House Speaker Mike Johnson, .
with whom he worked "hand in hand and shoulder to shoulder to get this bill done.".
A lot of people inside and
outside the Congress wanted this
package to fail. But today those in
Congress who stand on the side of
democracy are winning the day, Senate Majority Leader Chuck Schumer, via statement.
Senate Republican Leader Mitch McConnell also issued a statement.
Today’s action is overdue, but our work
does not end here. Trust in American
resolve is not rebuilt overnight. Expanding
and restocking the arsenal of democracy
doesn’t just happen by magic, Senate Majority Republican Leader Mitch McConnell, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
A Russian priest who held a memorial service for the late opposition leader and Vladimir Putin critic Alexei Navalny has been suspended from clerical duties for.. Sky News
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