Russian forces have ousted Ukrainian troops from two vital locations in Kharkov Region and Donbass, marking significant gains in the ongoing conflict. Moscow's 'Western' group seized Kotlyarovka village near Kupyansk, enhancing access to Kharkov or aiding Donbass operations. Simultaneously, the 'Center' group secured Solovyovo village near Donetsk. These gains reflect Russia's escalating dominance as Ukrainian forces grapple with strategic challenges.
#RussiaUkraine #Ukrainewar #Moscow #Kotlyarovka #Donbass #Donetsk #Soloyovo #Avdiivka #Ukrainewarlive #Putin #Zelensky #Worldnews #Oneindia #Oneindianews
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As polling for the third phase of Lok Sabha elections commences on Tuesday, Prime Minister Narendra Modi has urged for the 'active participation' of voters to enhance the vibrancy of the polls today, May 7. Urging all those who are voting in today’s phase to vote in record numbers. Their active participation will certainly make the elections more vibrant," PM Modi wrote in a post on X.
#PMModi #LokSabhaElections #NarendraModi #Ahmedabad #ThirdPhase #LokSabhaelections2024 #Politics #Oneindia #Oneindianews
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Chasiv Yar, just ten kilometres west of Bakhmut, is widely seen as Russia’s next target on the Ukrainian frontlines. Analysts say Moscow is trying to push home its advantage before fresh US aid can make a difference. DW’s Nick Connolly sends us this report from the outskirts of Chasiv Yar.
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Stay updated with the latest developments and insights as Phase 3 of the Lok Sabha Election unfolds. Join Oneindia News for comprehensive LIVE coverage, ground reports, and expert discussions on May 7th, 8AM onwards.
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A tragic incident unfolds in Russia's Belgorod region as a Ukrainian drone targets worker vehicles, resulting in 6 fatalities and 35 injuries. Governor Vyacheslav Gladkov reports on the devastating aftermath, shedding light on the escalating threat of Ukrainian drone strikes in the area. Stay tuned for the latest updates on this developing story.
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IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle East with two new reports. .
The reports, titled World Economic Outlook (WEO) and the Global Financial Stability Review (GFSR), comes amid heightened fears of a war between Iran and Israel.
The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.
The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.
That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.
That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.
'The Guardian' reports that previous Middle East conflicts have resulted in significantly higher oil prices. .
Pierre-Olivier Gourinchas, the IMF’s economic
counsellor, said the organization was evaluating the
potential for another commodity shock from the conflict.
The increased inflation that would
come from higher energy prices would
trigger a response from central banks that
would tighten interest rates in order to
secure inflation coming back to target,
and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
The increased inflation that would
come from higher energy prices would
trigger a response from central banks that
would tighten interest rates in order to
secure inflation coming back to target,
and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
It would do so in a context in which,
in some countries, activity and growth
is already fairly weak, so that might
also have a strong effect there, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
According to Gourinchas, the impact of a 15% increase
in the price of oil, combined with higher shipping costs,
could result in a 0.7% increase in global inflation.
According to Gourinchas, the impact of a 15% increase
in the price of oil, combined with higher shipping costs,
could result in a 0.7% increase in global inflation.
Gourinchas also warned that such
an increase would also bring down
business confidence and global investment.
Credit: Wibbitz Top Stories Duration: 01:31Published
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