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How Many Zombie Firms Are Left In The U.S.?
Some firms sustain their businesses by taking on more debt that they likely could never repay. Economists call them zombie companies. When compared to their peers, zombies are smaller in size and deliver lower returns to investors. These companies distort markets, keeping resources from their fundamentally sound competitors. Banks and governments keep zombie firms alive…
Putin’s New Nuclear Threat | Will Russia Put Missiles in Striking Distance of West? | Gravitas LIVE
#Gravitas | Russian president Vladimir Putin has warned the West that Moscow could arm countries to attack Western targets. His warning came as a response to the decision by the U.S. and its allies to allow Ukraine to attack Russian territory with Western weapons. Tonight, on #Gravitas, we ask: is it Russia or NATO that…
Famine stalks Gaza as aid deliveries now in question
Starving Palestinians in Gaza are afraid that food shortages will worsen after the most recent attack on aid workers. The founder of the aid group, World Central Kitchen, says Israel’s killing of seven of its staff in Gaza was not a mistake – but a systematic targeting of their convoy. Three consecutive air strikes attacked…
Russia’s shadow fleet | Money Works
Not long after the US imposed sanctions on Russia’s oil exports following the invasion of Ukraine, a whole new shipping industry emerged. The shadow fleet aims to get around sanctions on Russian oil. But the Russians are still making money. A lot of it. And the very countries that have imposed sanctions on Russia are…
India: Forest fire blazes in Nilgiris, IAF carries out ‘Bambi Bucket’ ops to douse fire | WION
More than 150 Forest Department personnel from Nilgiris, Pollachi, Coimbatore and Udumalpet forest divisions have been deployed in Coonoor to fight the forest fire in Forest Dale near Black Bridge in the Nilgiris forest division, which has been spreading for the past four days. Watch to know more! #nilgiris #forestfire #latestnews About Channel: WION The…
Biden warns Putin over Ukraine war, says ‘I will not back down’ | US State of Union Address | WION
US President Joe Biden kicked off his speech by calling for Congress to support Ukraine. Anyone who thinks Russian President Vladimir Putin will stop with the war in Ukraine is wrong, he said. "Now my predecessor, a former Republican president, tells Putin, quote, ‘Do whatever you want,’" Biden said. "I think it’s outrageous, it’s dangerous…