Tuesday, August 30, 2022

Western brands still hold sway in Russia, even if copycats are taking their place

Employees working at newly opened Stars Coffee cafe

More than 1,000 foreign companies have exited or curtailed their business in Russia since the start of the Ukraine war. But Moscow's tensions with the West have not diminished the appetites of average Russians for foreign products — and copycat businesses are springing up to meet demand.



source https://www.cbc.ca/news/world/russia-western-business-ukraine-war-1.6563859?cmp=rss

Job vacancies rose in July, dashing U.S. Fed hopes for cooling inflation

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New U.S. labour report finds job vacancies rose in July. That may negatively impact the Federal Reserve's plan to cool down demand for labour and the general economy to get to its 2 per cent inflation target.



source https://www.cbc.ca/news/business/job-vacancies-up-july-1.6566706?cmp=rss

United Nations calls for $160M US in aid for flood-ravaged Pakistan

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The United Nations and Pakistan issued an appeal Tuesday for more than $160 million US in emergency funding to help millions affected by record-breaking floods that have killed more than 1,150 people since mid-June.



source https://www.cbc.ca/news/world/un-pakistan-emergency-funding-1.6566594?cmp=rss

Monkeypox outbreak can be eliminated in Europe, WHO says

HEALTH-MONKEYPOX/

It is possible to eliminate the monkeypox outbreak in Europe, World Health Organization officials said on Tuesday, highlighting evidence that case counts are slowing in a handful of countries.



source https://www.cbc.ca/news/health/monkeypox-outbreak-europe-elimination-1.6566577?cmp=rss

Zombie ice from Greenland will raise sea level more than 27 centimetres, study says

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Greenland's rapidly melting ice sheet will eventually raise global sea levels by at least 27 centimetres — more than twice as much as previously forecast — according to a study published Monday.



source https://www.cbc.ca/news/science/zombie-ice-greenland-1.6566437?cmp=rss

At least 30 dead as clashes continue in Iraq following resignation of influential cleric

IRAQ-UNREST/

Powerful Iraqi cleric Muqtada al-Sadr called on his loyalists in the government zone to withdraw after nearly 24 hours of fierce clashes with security forces and paramilitary groups. The death toll rose to at least 30 people after two days of unrest, officials said.



source https://www.cbc.ca/news/world/bagdad-unrest-border-iran-1.6566334?cmp=rss