Tokyo stocks retreat amid geopolitical, economic uncertainties
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
The outgoing Biden Administration’s authorisation for Ukraine to carry out long-range missile strikes against Russian targets using US weaponry signals a significant escalation in the on-going conflict.
The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.
The on-going conflict in Ukraine has sent shockwaves through global energy markets, impacting everything from international relations to commodity prices.
The BRICS summit has once again brought the group’s growing global clout into sharp focus, particularly in the context of the ongoing war in Ukraine.
Putin further criticized the United States and said that only America has many military bases around the world.
In his State of the Nation address, Russian President Vladimir Putin on Tuesday has blamed the West and Ukraine for starting the war and added that "we are using force to stop it".
The Biden administration has provided some USD 30 billion in security aid since President Vladimir Putin sent Russian forces into Ukraine
The foreign ministers of the Group of Seven nations have agreed to continue supporting Ukraine and impose more sanctions on Russia, as the ongoing conflict approaches the one-year mark, reported NHK World News.
The United States is determined that Russia has committed crimes against humanity in Ukraine, Vice President Kamla Harris said on Saturday, according to CNN.
