India Rejects Russian LNG Under Sanctions

"Pushed Into Poverty": Somalia’s Currency Crisis Leaves Traders Holding Worthless Cash For decades, Muse Omar Jama made a living swapping currencies in Mogadishu’s Bakara market, where customers once lined up to trade Somali shillings for dollars and mobile money. Now his office sits mostly silent, and the safes around him are stuffed with cash no one wants, according to The Guardian. The problem began when traders in Somalia stopped accepting worn-out shilling notes, saying the bills were too damaged to use. The boycott quickly spread to shops, buses, and businesses across the...

Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough The memory bubble appears to be rapidly deflating. After the semiconductor/memory sector was walloped in Monday US trading without any clear negative catalyst, the semiconductor-chasing world was eagerly waiting to hear what Samsung - the world’s largest memory maker - would report in its preliminary Q2 earnings report as investors sought to justify sky-high investments and valuations around AI. In the end, it was not good enough, and the stock is down 5% at last check.  Samsung Electronics’s quarterly profit surged...

Syria Asks Germany Not To Deport Its Citizens Back Home, Fearing It Would Make Country 'Unsafe' Authored by Thomas Brooke via Remix News, Syria has formally asked Germany for patience over the deportation of Syrian nationals, warning that the return of thousands could lead to insecurity in the country and worsen the country’s fragile humanitarian situation. As reported by Welt, Mohammed Yaqub al-Omar, director of the consular department at the Syrian Foreign Ministry, urged Germany “to understand the Syrian refugees and give us more time for reconstruction.” He warned that “the return of...