(Bloomberg) — Amazon.com Inc. is laying off more than 18,000 employees — a significantly bigger number than previously planned — in the latest sign that a technology slump is deepening. Most Read from Bloomberg Chief Executive Officer Andy Jassy announced the move in a memo to staff Wednesday, saying it followed the company’s annual planning … Read more
Berlin will continue to support Kiev but will not risk becoming a party to the conflict with Russia, a lawmaker has said Berlin has no plans to send modern Western-made tanks to Ukraine, as the risks are too high, a German lawmaker said on Monday. Such a move could make NATO a direct party to … Read more
The West should do its best to prevent an escalation between Russia and NATO, German Chancellor Olaf Scholz said on Saturday, while stressing that it is necessary to continue providing Ukraine with arms to fight Russia. Speaking at a conference of the Social Democratic Party in the southern German city of Friedrichshafen, Scholz admitted that … Read more
A deadly missile strike on a Polish village close to the Ukrainian border has made stark the biggest fear of the war in Ukraine: that the conflict could snowball into a wider confrontation between Moscow and the US-led Nato alliance. At 3:40pm on Tuesday, a missile struck Przewodów, close to Poland’s south-eastern border with Ukraine, … Read more
A report that Russian missiles crossed into Poland quickly began to dominate news network coverage on Tuesday afternoon, underscoring the fears that the conflict in Ukraine would escalate. Reporters were dramatic in describing the potential implications, but still a bit cautious as to the confirmation of the source of the missiles. Poland is member of … Read more
The EU is ramping up the conflict, while its economy is moving towards recession, Viktor Orban claimed Hungarian Prime Minister Viktor Oban has criticized the EU for choosing a path of escalation in the Ukrainian crisis. The continuation of hostilities and sanctions on Russia is about to plunge the continent into a recession, he warned. … Read more
Palestinian President Mahmoud Abbas reiterated his demand that the United States pressure Israel to stop its “crimes against the Palestinian people” Palestinian President Mahmoud Abbas reiterated his demand that the United States pressure Israel to stop its “crimes against the Palestinian people” U.S. Secretary of State Antony Blinken spoke with Palestinian President Mahmoud Abbas on … Read more
Chinese President Xi Jinping, right, welcomes German Chancellor Olaf Scholz at the Great Hall of the People in Beijing on Friday. Kay Nietfeld / Pool / AFP / Getty Images hide caption toggle caption Kay Nietfeld / Pool / AFP / Getty Images Chinese President Xi Jinping, right, welcomes German Chancellor Olaf Scholz at the … Read more
When the question comes up on how the war in Ukraine ends, the debate tends to be brief. After eight months of fighting, most all the signs are pointing toward prolonged conflict. (Image credit: Yasuyoshi Chiba/AFP via Getty Images) Source link
Bitcoin price is slowly moving lower below the $19,200 support against the US Dollar. BTC could slide further if there is further escalation in Russia-Ukraine war situation. Bitcoin is slowly moving lower below the $19,200 and $19,000 levels. The price is trading below above $19,500 and the 100 hourly simple moving average. There is a … Read more