Connect with us

International

Russia releases 10 foreigners captured in Ukraine: Saudi Arabia | Russia-Ukraine war News

The POWs have been released and transferred to Saudi Arabia as part of a Russia-Ukraine exchange mediated by the Saudi crown prince.

Ten prisoners of war from countries including the United States and Britain have been released and transferred to Saudi Arabia as part of an exchange between Russia and Ukraine, the Gulf kingdom said on Wednesday.

The release came following mediation by Saudi Crown Prince Mohammed bin Salman, “in continuation of [his] commitment to the humanitarian initiatives towards the Russian-Ukrainian crisis”, the Saudi foreign ministry said.

The group includes five British nationals, two Americans, a Croatian, a Moroccan and a Swedish national, the ministry said in a statement, adding that a plane carrying the prisoners landed in the kingdom.

The Saudi statement said they had arrived from Russia and that Saudi authorities were “facilitating procedures for their safe return to their respective countries”.

The ministry did not identify the prisoners.

However, British lawmaker Robert Jenrick said Aiden Aslin was among those released. Aslin was captured earlier this year then sentenced to death by a court in the self-proclaimed Donetsk People’s Republic (DPR), one of Russia’s proxies in eastern Ukraine.

Russia also released US citizens Alexander Drueke, 39, and Andy Huynh, 27, a family representative told Reuters on Wednesday.

The pair, both from Alabama, were captured in June while fighting in eastern Ukraine where they went to support Ukrainian troops resisting Russia’s invasion.

British Prime Minister Liz Truss hailed the release of the British nationals on Twitter as “hugely welcome news” after “months of uncertainty and suffering for them and their families”.

Truss said they had been “held by Russian-backed proxies in eastern Ukraine”, and thanked both Ukrainian President Volodymyr Zelenskyy and Saudi Arabia for helping free them.

Large numbers of foreigners have travelled to Ukraine to fight since Russia’s February 24 invasion. Some of them have been caught by Russian forces, along with other foreigners in the country who say they were not fighters.

Swedish Foreign Minister Ann Linde said on Twitter that the Swedish citizen, held in Donetsk, “has now been exchanged and is well”. She also thanked Ukraine and Saudi Arabia.

Prince Mohammed bin Salman has maintained close ties with Russian President Vladimir Putin, including within the framework of the OPEC+ oil producers group, despite heavy pressure from Washington, Riyadh’s traditional ally, to isolate Russia.

Both Ukrainian and Russian forces have captured hundreds of enemy fighters since the start of the conflict, with a handful of prisoner exchanges having taken place.

The head of the United Nations human rights mission in Ukraine said earlier this month that Russia was not allowing access to prisoners of war (POWs), adding that the UN had evidence that some had been subjected to torture and ill-treatment that could amount to war crimes.

Russia denies torture or other forms of maltreatment of POWs.



Source link

International

As petrol prices fall, US consumers more confident | Business and Economy News

More people were planning to buy cars, big appliances but fewer were ready to buy homes as interest rates have risen.

US consumers grew more confident for the second month in a row as petrol prices continued to fall.

The Conference Board said Tuesday that its consumer confidence index rose to 108 in September, from 103.6 in August. The back-to-back monthly increases follow three straight monthly declines as American households were hammered by rising prices, particularly at the petrol pump.

The business research group’s present situation index — which measures consumers’ assessment of current business and labour market conditions — also rose again, to 149.6 in September from 145.3 in August.

The board’s expectations index — a measure of consumers’ six-month outlook for income, business and labour conditions — rose to 80.3 in September from 75.8 in August.

Analysts surveyed by data provider FactSet had expected consumer confidence to rise slightly as petrol prices have fallen from highs around the middle of the year of more than $5 per gallon ($1.30 per litre). AAA motor club says the average price for a gallon of petrol in the US fell to $3.75 ($0.99 per litre) on Tuesday.

Although by some measures, inflation appears to have slowed recently, the cost for most things are still significantly higher than they were a year ago.

Earlier this month, the government reported that consumer prices rose 8.3 percent from a year earlier and 0.1 percent from July. But the jump in “core” prices, which exclude volatile food and energy costs, remained worrisome. It outpaced expectations and stoked fears that the Federal Reserve would boost interest rates more aggressively and raise the risk of a recession.

Driven by high rents, medical care and new cars, core prices leapt 6.3 percent for the year ending in August and 0.6 percent from July to August, the government reported earlier this month.

Since March, the Federal Reserve has implemented its fastest pace of rate increases in decades to try to curb four-decade high inflation, which has punished households with soaring costs for food, petrol, rent and other necessities.

Last week, the Fed boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3 percent to 3.25 percent, the highest level since early 2008. It was the central bank’s third straight three-quarter-point increase and most economists and analysts expected more increases before the year ends.

Lynn Franco, the Conference Board’s senior director of economic indicators, said that consumers’ purchasing intentions for big-ticket items were mixed. More people said they expected to buy cars or big appliances in the near future, but fewer said they intend to buy a house anytime soon, as rising interest rates have added hundreds of dollars a month to mortgage payments.

Last week, mortgage buyer Freddie Mac said the average rate on a 30-year mortgage rose to 6.29 percent, the highest level since October of 2008 when the housing market crashed, triggering the Great Recession.

“Looking ahead, the improvement in confidence may bode well for consumer spending in the final months of 2022, but inflation and interest-rate hikes remain strong headwinds to growth in the short term,” Franco said.

Source link

Continue Reading

International

What will be the fallout after sharp drop in sterling? | Business and Economy

Video Duration 23 minutes 45 seconds

From: Inside Story

The British pound crashes to an all-time low against the US dollar.

The British pound is struggling to hold value against the United States dollar after hitting an all-time low.

The fall is raising concerns about the United Kingdom’s economy and its appeal to international investors.

The new British government unveiled major tax cuts based on borrowed money, and many are concerned about the amount that is needed.

That has led to days of volatility in the value of sterling and undermined its status as a reserve currency.

What is the fallout on an already struggling economy, both in the UK and outside?

Presenter: Hazem Sika

Guests:

Vicky Pryce – Chief economic adviser at the Centre for Economics and Business Research

Jonathan Lis – Political commentator

Brian Lucey – Professor of international finance and commodities at Trinity Business School

Source link

Continue Reading

International

Canada sees new high in asylum seeker crossings from US | Migration News

Asylum seekers are forced to cross border at informal points of entry due to contentious deal between US and Canada.

The number of asylum seekers entering Canada at informal points along the country’s border with the United States has reached the highest level since 2017, federal police data shows, as Ottawa prepares to defend a pact that denies entry to most who arrive at formal crossings.

The Reuters news agency reported on Tuesday that the Royal Canadian Mounted Police (RCMP) intercepted 23,358 asylum seekers crossing into Canada at unofficial entry points during the first eight months of the year.

That is 13 percent more than for all of 2017, the year the Canadian government first started tracking the numbers amid a surge in informal border crossings, particularly at Roxham Road, which links the Canadian province of Quebec and the US state of New York.

University of Ottawa immigration law professor Jamie Chai-Yun Liew told Reuters that the numbers could be linked to an increase in demand after Canada lifted coronavirus-related restrictions at the border. “I think it’s like any travel: People are just on the move again,” she said.

Three families that said they were from Burundi walk down Roxham Road to cross into the Canadian province of Quebec at the US-Canada border in 2017 [File: Christinne Muschi/Reuters]

The report comes just days before the Canadian government is set to go before the Supreme Court of Canada to defend a bilateral agreement with the US that has drawn widespread criticism from rights groups.

Signed in 2002, the Safe Third Country Agreement (STCA) forces asylum seekers to make claims for protection in the first country they arrive in, either the US or Canada.

The idea underpinning the agreement is that both countries are “safe” and offer people access to fair refugee status determination systems. In practice, it means most people who try to make a claim at a Canadian port of entry are turned back to the US.

But Canadian law allows asylum seekers to apply for protection once in Canada – and this loophole has pushed thousands of people to make sometimes dangerous treks across the 6,416km (3,987-mile) US-Canada land border in recent years.

Canada’s top court will hear a legal challenge to the STCA on October 6, the rights groups involved in the case have said.

They have argued the US is not a safe country for refugees, and said the agreement violates Canada’s constitution, known as the Canadian Charter of Rights and Freedoms, as well as international law. Rights advocates also said it puts asylum seekers at risk by forcing them to take more dangerous journeys to cross the border.

“Because the agreement only applies at official border crossings, many refugees have been forced to cross the border in between ports of entry, sometimes in perilous conditions,” the Canadian Council for Refugees and other groups seeking to end the STCA said in a statement in December.

“Withdrawing from the Agreement would not only ensure that Canada meets its Charter and legal obligations, but would also allow people to present themselves in an orderly way at ports of entry, ending the need for irregular crossings.”

Prime Minister Justin Trudeau’s government has defended the STCA, however, saying it has helped in “ensuring that our shared border [with the US] remains well managed”.

“Canada remains firmly committed to upholding a fair and compassionate refugee protection system and the STCA remains a comprehensive means for the compassionate, fair, and orderly handling of asylum claims at the Canada-US land border,” it said last year.



Source link

Continue Reading

Facebook

Latest

Modi urges environment ministers to give maximum boost to circular economy Modi urges environment ministers to give maximum boost to circular economy
National4 days ago

Modi urges environment ministers to give maximum boost to circular economy

It was inaugurated when I became the Prime Minister. A huge amount of money was wasted due to this delay....

BJP MP Janardan Mishra cleans the school toilet with his hands, shared the video on Twitter BJP MP Janardan Mishra cleans the school toilet with his hands, shared the video on Twitter
National4 days ago

BJP MP Janardan Mishra cleans the school toilet with his hands, shared the video on Twitter

When the MP saw that the toilet of the center was very dirty, it was not cleaned, he decided to...

Pilot started lobbying for the post of CM, indicating new responsibility from high command Pilot started lobbying for the post of CM, indicating new responsibility from high command
National4 days ago

Pilot started lobbying for the post of CM, indicating new responsibility from high command

Pilot will now meet Congress interim president Sonia Gandhi. Pilot said that Sonia's decision has to be accepted by everyone....

Indian e-commerce platform Meesho is paying attention to the mental state of its employees Indian e-commerce platform Meesho is paying attention to the mental state of its employees
Business4 days ago

Indian e-commerce platform Meesho is paying attention to the mental state of its employees

The e-commerce platform has announced an 11-day companywide break from October 22 to November 1. Well, this is not the...

IPhone 14 can detect car crash, you also know what is the news IPhone 14 can detect car crash, you also know what is the news
National4 days ago

IPhone 14 can detect car crash, you also know what is the news

During the experiment, the crash detection feature was activated within 10 seconds of the accident. After detecting a crash, the...

Tata Consultancy Services (TCS) has ended the practice of work from home, you also know Tata Consultancy Services (TCS) has ended the practice of work from home, you also know
Business4 days ago

Tata Consultancy Services (TCS) has ended the practice of work from home, you also know

“Senior TCS leaders are working from TCS offices for some time and our clients are also visiting TCS offices Your...

NIA raided 93 locations of PFI, arrested 106 members, know the whole matter NIA raided 93 locations of PFI, arrested 106 members, know the whole matter
National5 days ago

NIA raided 93 locations of PFI, arrested 106 members, know the whole matter

This action of NIA and ED is going on in Uttar Pradesh, Kerala, Karnataka, Andhra Pradesh, Telangana, Tamil Nadu, Assam,...

TMC leader takes a jibe at Shubhendu Adhikari, I am a man, CBI-ED can't even touch me, know the whole matter TMC leader takes a jibe at Shubhendu Adhikari, I am a man, CBI-ED can't even touch me, know the whole matter
National5 days ago

TMC leader takes a jibe at Shubhendu Adhikari, I am a man, CBI-ED can’t even touch me, know the whole matter

TMC wrote on its Twitter account, BJP's 56 inch chest model has been busted today. After this, party MP Locket...

If Gehlot becomes the president, he will have to leave the CM's chair, know what Rahul said If Gehlot becomes the president, he will have to leave the CM's chair, know what Rahul said
National5 days ago

If Gehlot becomes the president, he will have to leave the CM’s chair, know what Rahul said

On the question of objection to the name of the pilot, Gehlot said, 'I do not discuss anyone's name and...

India will now find other options for weapons and oil, will reduce its dependence on Russia India will now find other options for weapons and oil, will reduce its dependence on Russia
Business6 days ago

India will now find other options for weapons and oil, will reduce its dependence on Russia

Let us tell you that the relations between Russia and India are old. Although, Relations between India and America have...

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.