Central Asian state calls Russia ‘main ally’

Kazakh President Kassym-Jomart Tokayev has characterized Russia as his country’s “main partner and ally,” adding that bilateral relations are “at a very high level.” In a Wednesday interview with the country’s Egemen Qazaqstan newspaper, the leader also said that close ties between the two neighbors are crucial for “ensuring regional stability and international security.”

282
Like
Save
Oil extends gains on supply concerns

Crude prices had previously surged nearly 3% due to ongoing tensions in the Middle East and an outage in Libya Global prices for crude oil increased on Thursday, stretching gains scored during the previous day as tensions around the Israel-Gaza military conflict continue to escalate, and protesters at the largest oil field in Libya ceased…

528
Like
Save
Eurozone recession likely – S&P

The Purchasing Managers’ Index has been in decline for seven consecutive months Business activity in Europe’s 20-nation single currency bloc continued to contract at the end of 2023, as a downturn in the dominant services industry stretched into the final month of the year, data compiled by S&P Global has revealed.

569
Like
Save