Most Popular

- Advertisement -

categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. 

Highlights

Technology

Global Powers in 2024: Technology, Military, and Economic Influence Unpacked

As we delve into 2024, the landscape of global power is shaped by a complex interplay of technological advancements, military capabilities, and economic influence. Understanding the dynamics among leading nations requires an examination of their strategic priorities and how they leverage their strengths to assert influence on the world stage. This article unpacks the multifaceted nature of global powers, highlighting the key players in technology, military strength, and economic dominance.
Ticketing system 1

Tickets ‘broken’ after Oasis ‘chaos’, resale site chief alleges

Viagogo's business development manager, Matt Drew, stated that Saturday's ticket sale for the band's first shows in 16 years "descended into chaos."A senior official at a resale site has stated that the ticketing system for shows, including next summer's Oasis concerts, is "broken."Viagogo's business development manager, Matt Drew, said Saturday's ticket sales for the band's first shows in 16 years "descended into chaos."
- Advertisement -
Selected menu has been deleted. Please select the another existing nav menu.

In June, the UK purchased no energy or supplies from Russia due to the Ukraine conflict.

Share It:

Table of Content

In response to Kremlin’s hostility towards its neighbor, the Office for National Statistics released this figure after the United Kingdom took steps to end its energy dependence on Moscow.

According to official data, the United Kingdom purchased no fuels from Russia in June for the first time due to sanctions imposed over the invasion of Ukraine.

The figure was released by the Office for National Statistics (ONS) following the United Kingdom’s decision to phase out the usage of Russian oil and gas in response to Kremlin aggression.

In response to sanctions, Russia has been accused of weaponizing energy by limiting gas supply through the Nord Stream pipeline to Europe, fueling spiking prices and a worsening cost of living crisis ahead of winter.

In June, the UK purchased no energy or supplies from Russia due to the Ukraine conflict.

According to the ONS, imports of Russian goods decreased to £33 million in June, the lowest level since records began in January 1997.

This is a decrease of 96.6% compared to the average monthly imports in the 12 months before the invasion of Ukraine in February of this year.

Although British exports to Russia increased modestly month-over-month in June, their levels had fallen by £168m, or about two-thirds, compared to the monthly average for the 12 months before February.

In June, exports of the majority of commodities had declined significantly, with machinery and transportation equipment falling by £118 million, or 91%.

Chemicals were the sole product whose exports to Russia increased over this time, led by an increase of £39.1m (61.8%) in sanctions-exempt exports of medications and medicines.

Self-sanctioning, in which traders willingly seek alternatives to Russian goods, is also likely to have contributed to the decline in imports and exports, according to the Office for National Statistics.

The data were released as Ukraine celebrated the 31st anniversary of its independence from the Soviet Union and the six-month anniversary of Russia’s invasion.

Before the invasion of Ukraine, Russia was the United Kingdom’s greatest supplier of refined oil in 2021, accounting for 24.1% of total imports of this commodity, as well as 5.9% of crude oil imports and 4.8% of gas imports.

In June, there were no imports of refined oil, crude oil, gas, coal, coke, or briquettes from Russia due to the actions of the British government.

In recent months, importers have increased their purchases of refined oil from Saudi Arabia, the Netherlands, Belgium, and Kuwait in response to this situation.

Tags :

Creative Media News

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Creative Media News is your premier source for the latest updates in finance, technology, and world events. Our dedicated team of journalists delivers in-depth analysis, breaking news, and expert opinions to keep you informed and engaged. Whether you’re interested in stock market trends, innovative tech, or global affairs, we’ve got you covered. Stay ahead with our reliable, timely, and insightful content. Join our community of readers who trust Creative Media News for accurate, up-to-date information. Follow us for daily updates and stay connected with the world’s most important stories.

Useful Links

Selected menu has been deleted. Please select the another existing nav menu.