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Moscow hit by rare ‘black blizzard’ (VIDEOS)

Heavy snowfall that started in the Russian capital overnight is expected to continue into Tuesday Moscow is already going through its first major snowfall. Meteorologists have described the weather pattern over the Russian capital as a “black blizzard” – a phenomenon usually encountered in the Far North, when snowflakes fly almost parallel to the surface,…

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War with Hamas damaging Israel’s economy – Moody’s

The country spends $270 million a day on the military campaign in Gaza, according to the credit rating agency The war with the Palestinian militant group Hamas is costing Israel at least $269 million a day and is expected to hit the country’s economy harder than previous conflicts, ratings agency Moody’s has said in a…

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Cocoa prices near 50-year highs

Prices for cocoa soared to their highest level in nearly half a century this week amid declining global supply, according to trading data. New York futures for the key chocolate-making ingredient rose above $4,200 per metric ton, the highest price for the commodity since September 1977, surpassing the 2011 peak that resulted from that year’s…

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