Euro-Zone Soft Landing is Central Scenario, ECB’s Vujcic Says
The European Central Bank can engineer a return to price stability without too much of a hit to
2023-11-09 19:49
European Stocks Dip as Growth Woes Outweigh UBS Gains
European stocks fell on Tuesday as worries about economic growth and losses across energy stocks overshadowed some positive
2023-11-09 19:15
BOE’s Pill Says No Need for More Hikes to Suppress Inflation
The Bank of England does not need to raise interest rates further to bear down on inflation because
2023-11-09 18:54
EU to Extend Emergency Energy Measures on Middle East Risks
The European Union is set to propose extending emergency rules linked to last year’s energy crisis after conflict
2023-11-09 18:52
Kenya's Ogiek people being evicted for carbon credits - lawyers
Leaders of the Ogiek community say armed forest rangers are "pulling down houses with axes and hammers".
2023-11-09 18:52
Oil at $100 a Barrel is Looking Less Likely After All
The big bang expected for oil prices this year is turning into a whimper. Just weeks ago, Brent
2023-11-09 18:19
France and Germany Ramp Up Efforts to Reach EU Fiscal Deal
France and Germany are ramping up efforts to find a joint agreement on new fiscal rules that could
2023-11-09 18:19
UBS’s Ermotti Says Demand for AT1 Bond Shows Market Confidence
The strong demand for UBS Group AG’s hotly-anticipated sale of additional tier 1 bonds is a positive sign
2023-11-09 17:58
Markets Price an End to Interest-Rate Hikes Across the World
Rates traders are betting that the steepest global tightening cycle in a generation is over and that monetary
2023-11-09 17:45
Russia ‘forcing Ukrainian POWs to fight against their homeland’ in possible war crime
Russia is deploying Ukrainian prisoners of war to fight on its behalf against their own country, according to state media reports. The move has attracted concern from experts, who have argued it could amount to a war crime. Russia’s state-run news agency RIA Novosti aired a video purporting to show captured Ukrainian soldiers being voluntarily inducted into the Russian army. They were seen swearing allegiance to Russia, holding rifles and dressed in military fatigues. The authenticity of the report or videos aired by RIA Novosti could not be immediately confirmed. Human Rights Watch said this could be a violation of the Geneva Convention on the treatment of prisoners of war (POWs). Captured soldiers are exempt from being exposed to combat or unhealthy and dangerous conditions regardless of coercion, according to the convention. It is “hard” to confirm if these Ukrainian soldiers have genuinely switched allegiance to Russia out of their own free will, said Yulia Gorbunova, a senior researcher on Ukraine at Human Rights Watch. “Russian authorities might claim they are recruiting them on a voluntary basis but it is hard to imagine a scenario where a prisoner of war’s decision could be taken truly voluntarily, given the situation of coercive custody,” she said. The soldiers were reportedly made a part of a battalion that went into service last month. The battalion is named “Bogdan Khmelnitsky”, after a 15th century medieval nobleman and Russian fighter who brought parts of Ukraine under Moscow’s control. The report said Russian officials have completed training of the battalion and the POWs would soon be deployed into battle. The group comprises about 70 imprisoned Ukrainian fighters from various penal colonies. The Institute for the Study of War (ISW) said the Ukrainian troops will operate under the larger “Kaskad” formation of the Donetsk People’s Republic, the name for the Russia-backed breakaway region of Donetsk in eastern Ukraine. This suggests the POWs will be fighting on the frontlines in eastern Ukraine’s Donetsk and Zaporizhzhia regions where Kaskad has been active, the ISW said. The entire scenario is “laced with the potential for coercion”, said Nick Reynolds, research fellow for land warfare at the Royal United Services Institute in London. A POW does not have a “huge amount of agency” and is in a “very difficult situation,” he said. According to the US-based think-tank ISW, this is not the first time Ukrainian POWs have been asked to “volunteer” for the battalion. They were housed in the Olenivka prison, which was blown up in July 2022. Russia said Ukraine had destroyed the prison in the country’s east with a rocket, but Kyiv blamed the blast on Moscow to cover up what it alleged was abuse and killings of the POWs. Russia is also trying to bolster its forces with a “conscription campaign in occupied Ukraine,” said the ISW’s Karolina Hird. Read More Blinken arrives in Seoul for talks focused on North Korea and its military cooperation with Russia Russia-Ukraine war: Putin’s ‘third wave’ advance stalls as Zelensky shows confidence Azerbaijan's president addresses a military parade in Karabakh and says 'we showed the whole world' Ukraine moves step closer to EU membership as European Commission backs talks Ukraine takes credit for the car bomb killing of a Russia-backed official in Luhansk Russia seeks an 8-year prison term for an artist and musician who protested the war in Ukraine
2023-11-09 17:20
London Rental Demand Falls as Tenants Struggle to Meet Costs
London’s home rental cost showed signs of easing, with a drop in demand and evidence that tenants are
2023-11-09 16:51
Africa Phone Giant MTN Expects Nigeria Reform Recovery Mid-2024
MTN Group Ltd. expects Nigeria to overcome the short-term “pain” of President Bola Tinubu’s economic reforms by the
2023-11-09 16:48