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Egypt’s Suez Canal revenues plunge

Revenues generated by Egypt’s Suez Canal saw a 40% year-on-year decline in the first eleven days of 2024, canal authority head Osama Rabie said earlier this week. Ship traffic through the maritime artery connecting the Mediterranean and the Red Sea dropped 30% between January 1 and January 11 compared to the same period a year…

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Russian tycoon sues Sotheby’s for $400 million

Dmitry Rybolovlev has accused the renowned art dealer of aiding a scheme in which he was overcharged $1 billion for some 38 works of art Russian billionaire Dmitry Rybolovlev has brought a case against Sotheby’s at the Manhattan federal court, claiming that the auction house, one of the world’s largest art brokers, aided a scheme…

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Trump Jr. suggests ‘only way’ to end Ukraine conflict

US funding for Kiev has caused hundreds of thousands of deaths and enriched Ukrainian oligarchs, the ex-president’s son claimed The fighting between Russia and Ukraine has to end in talks, and in order to persuade President Vladimir Zelensky’s government to negotiate, Washington must stop sending money to Kiev, the eldest son of former US President…

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