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Washington, however, kept the doors for diplomacy open with Moscow – with US secretary of state Antony Blinken speaking to his Russian counterpart, Sergey Lavrov, and both agreeing to meet in Geneva this week WASHINGTON: In a clear escalation of the tensions over Ukraine, the United States warned on Tuesday that Russia could, at any point, attack Ukraine. But while terming it an “extremely dangerous” situation, Washington kept the doors for diplomacy open with Moscow – with US secretary of state Antony Blinken speaking to his Russian counterpart, Sergey Lavrov, and both leaders agreeing to meet in Geneva this week. White House press secretary, Jen Psaki, blamed Russian President Vladimir Putin or having created the crisis by amassing 100,000 Russian troops along Ukraine’s border, and added, “This includes moving Russian forces into Belarus recently for joint exercises and conducting additional exercises on Ukraine’s eastern borders. Let’s be clear. Our view is that this is an extremely...

The al-Qaida-linked al-Shabab extremist group that controls parts of Somalia often carries out bombings at high-profile locations in the capital.  A large explosion outside the international airport in Somalia's capital killed at least eight people and wounded nine others on Wednesday, a local doctor said. Dr. Abdulkadir Adam with Medina hospital shared the toll with The Associated Press. Witnesses at the scene said a passing UN convoy appeared to be the target in the Mogadishu blast near a checkpoint leading to the heavily fortified airport. The founder of the Aamin ambulance service, Abdulkadir Adan, tweeted that he was "deeply saddened by the loss of life and injuries" in Mogadishu. He posted a photo from the scene of a mangled vehicle. The al-Qaida-linked al-Shabab extremist group that controls parts of Somalia often carries out bombings at high-profile locations in the capital.

An informal exhibition showing the Taliban's victory over US military forces has been erected in a number of places. In the governor's compound of Afghanistan's Ghazni province, a new historical exhibit is unveiled before a rapt audience of Taliban fighters -- sections of blast walls from a former US military base. One concrete slab is inscribed with the names and regiments of US troops who served in the province during America's longest war. Like soldiers throughout history, US troops regularly daubed their names on the walls of bases and fixed positions they occupied. But now the towering block is on public display -- being used to bolster the Taliban's narrative of toppling US-led forces after 20 years of fighting. "We have to show this so that Afghans, the world, and future generations know that we beat the Americans," Taliban provincial culture chief Mullah Habibullah Mujahid told AFP. "Even if they called themselves the greatest power in the wor...

  President Biden has a growing list of vacancies to fill at top financial watchdog agencies before he and his party risk losing control of the Senate.  Biden has roughly a year to nominate and confirm some of the most important officials overseeing the financial system before the November midterm elections, in which Republicans are thought to have a good chance to recapture the Senate. “2022 is going to be a very busy year on the administrative agency level in large part because if the Democrats lose control of the House and Senate in 2023 it changes a little bit of a dynamic,” said Jason Rosenstock, partner at Washington. D.C. lobbying firm Thorn Run Partners.  “It just makes it a little bit harder to move their agenda. So I think this is the year to pounce, so to speak.”  The Senate will see confirmation fights over up to five Federal Reserve nominees within the first months of the year, including the top three positions on the Fed board. But Biden has ye...

  S Ravi who is an ex-BSE chairman affirmatively asserts that the impact that the pandemic has caused on the financial market is certainly unavoidable. The very impacts of the pandemic can be easily visualized by the fact that the banks are generalizing the witnessing request for restructuring which is quite common in the SME/MME sector. He believes that the sectors that are severely affected by the pandemic are namely aviation, hospitality, manufacturing companies, malls, and such. According to him, the companies that were able to withstand the pandemic are the Fintech companies. Former BSE Chairman S Ravi Views on the Pandemic Impact on the Market Impact on economy When it comes to the pandemic impact on the economy, there has been a visible drop in the GDP value of the economy given that the sectors that were adversely affected by the pandemic were however related to the economic value. Specifically, manufacturing has greatly suffered around 30 percent fall by the arriva...