Canada, a country that’s relying heavily on immigration as an economic driver, is scaling back on its ambitions with a planned reduction in temporary residents after the influx exacerbated housing shortages. The country will set a target for temporary resident arrivals for the first time later this year, with the goal of reducing the number … Read more
Fire erupted at Rosneft PJSC’s largest oil refinery after a drone strike, as Ukraine unleashed fresh attacks on Russia that President Vladimir Putin claimed were part of attempts to disrupt this week’s presidential election. “The Ryazan refinery was hit by a drone. The impact started a fire,” Ryazan regional Governor Pavel Malkov said Wednesday on … Read more
China and Democratic Republic of Congo are discussing $7 billion in financing as part of a renegotiated minerals-for-infrastructure deal, President Felix Tshisekedi said Saturday at his second inaugural address in the capital, Kinshasa. Tshisekedi has been pushing for a restructuring of a 2008 $6.2 billion contract between the countries, which he says has provided little … Read more
Mumbai’s $30 Billion Infrastructure Makeover: Coastal Road Project, MTHL, Metro Bloomberg Mumbai gets a makeover as India binges on bridges, roads and rail Reuters India No Bikes, Autos Allowed On India’s Longest Sea Bridge, Speed Limit Is… NDTV 22-km sea link: Gateway to a brave, new Mumbai Times of India Watch: This nighttime video of MTHL, India’s longest sea … Read more
Ethiopia signed a memorandum of understanding with Somaliland, a breakaway region of Somalia, to gain access to the Red Sea in exchange for a stake in its flagship carrier Ethiopian Airlines. Detailed negotiations to reach a formal agreement will be concluded in a month, said Redwan Hussein, national security adviser to Prime Minister Abiy Ahmed. … Read more
Ukraine has exported 13 million tons of products through a shipping corridor in the Black Sea it established after Russia pulled out of a deal guaranteeing safe movement of crop vessels. Ports accepted 430 vessels for loading since the shipping channel was created in August, Ukraine’s infrastructure minister Oleksandr Kubrakov said in a post on … Read more
Ukraine’s premier sounded the alarm over the country’s finances, requesting an emergency meeting with international donors as Kyiv confronts “exceptionally high uncertainty” over its budget at the start of the year. In a letter to a key coordination group overseeing funds, Prime Minister Denys Shmyhal said financing is needed next month and should be channeled … Read more
Texans pride themselves on being champions of business. So, if you think the biggest investors in and financiers of the fastest-growing Texas companies are welcomed as tried-and-true capitalists, think again. And if you believe Texas and its top-rated AAA debt would never willingly borrow money on behalf of citizens at anything but the best rates … Read more
GUEST OPINION: When Australian cybersecurity professionals return to work after a (hopefully) quiet festive break, they’ll be facing a year filled with both challenges and opportunities. Artificial Intelligence (AI) and Machine Learning (ML) will continue to change the threat landscape while supply chain and critical infrastructure attacks will cause damage and disruption. As 2024 begins, security … Read more
Mayor Anne Hidalgo says Paris will not have enough trains, and progress also needs to be made on the issue of homelessness. The transport system in Paris will not be ready in time for the 2024 Olympic Games, according to the mayor of the French capital. “There will be places where [public] transport will not … Read more