WASHINGTON: If Russia cannot pay its foreign loans, the ramifications for the global financial system are likely to be “minimal,” according to a top official at the International Monetary Fund. In punishment for Russia’s invasion of Ukraine, the US and its allies put harsh financial sanctions on the country, butContinue Reading

This morning, Ukrainian President Vladimir Putin announced a special military operation in Donbas. Airstrikes were launched by Russia on our military installations and border guards. According to CNN, Ukrainian President Volodymyr Zelensky claimed in a speech to the public, “There were explosives heard in several areas throughout Ukraine.”“We’re declaring martialContinue Reading

WASHINGTON (AFP) – President Joe Biden cautioned Russia on Wednesday that a full-fledged invasion of Ukraine would be costly, but he created uncertainty by implying that a “minor” intrusion would elicit far less retaliation from the West. Biden stated that he does not believe Russian President Vladimir Putin wants aContinue Reading

SAN FRANCISCO (KGO) – Microsoft announced its big-ticket ambitions to purchase US video game juggernaut Activision Blizzard on Tuesday, a gaming industry record-smashing transaction. The deal, which is anticipated to close next year, would strengthen Microsoft’s position in the expanding gaming business while also leveraging its capabilities in software andContinue Reading