Tag #Geopolitics

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Ukraine Halts Russian Gas Transit, Eastern EU Faces Energy Uncertainty

Ukraine will stop Russian gas transit on December 31, 2023, impacting eastern EU countries reliant on this route; Russia earned about $1 billion monthly from this transit by late 2023, and some countries like Hungary and Slovakia are exploring alternative supply methods despite EU assurances.

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arabic.cnn.com
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Egypt's Tourism Revenue Surges to \$14 Billion Amidst Geopolitical Uncertainty

Egypt's tourism revenue exceeded \$14 billion in 11 months, a 7.8% increase fueled by 14.3 million tourist arrivals and 151.3 million tourist nights; this growth is attributed to increased tourist numbers from various countries but is also threatened by regional geopolitical instability.

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nos.nl
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Putin's 25 Years: From Economic Boom to Ukraine War

On December 31, 1999, Vladimir Putin became Russia's president, initially fostering economic growth and Western ties while simultaneously suppressing dissent. His actions, culminating in the annexation of Crimea in 2014 and the 2022 invasion of Ukraine, have dramatically altered Russia's relations w...

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dw.com
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Azerbaijan Blames Russia for Passenger Plane Crash, Demands Accountability

Following a December 25th Azerbaijani passenger plane crash in Russia that killed 38 of 67 passengers, President Ilham Aliyev blames Russia for using radio-electronic warfare and ground fire, demanding accountability and compensation, while Russia offered a delayed apology.

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euronews.com
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Milanović Projected to Win Re-election in Croatia

Croatia's incumbent President Zoran Milanović is projected to win re-election with over 50% of the vote in the first round, according to exit polls, defeating the ruling HDZ party's candidate Dragan Primorac, who received 22%, marking a rejection of the government's pro-Western stance amidst Milanov...

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theguardian.com
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Historic Gymnastics Medals Tarnished by Judging Controversy

At the Paris Olympics, Rebeca Andrade, Simone Biles, and Jordan Chiles won gold, silver, and bronze in the women's floor exercise, marking a historic moment for Black female gymnasts; however, a judging dispute led to Chiles' medal being revoked.

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nos.nl
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Global Stock Markets Soar in 2024

The 2024 stock market experienced a globally strong year, with the MSCI World index returning almost 20%, driven by the US market's success and fueled by deregulation, lower taxes, and cheap energy; the AEX in Amsterdam closed at 878.63 points, a +11.67% increase, while Bitcoin surged almost 130%.

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themarker.com
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European Markets Steady, US Markets Fall Before New Year's

European stock markets remained largely stable on a shortened pre-holiday trading day, while US markets closed lower, with the Dow Jones falling 1%, S&P 500 1.1%, and Nasdaq 1.2%. Natural gas prices surged over 18% due to cold weather forecasts and uncertainty about Russian supply, impacting oil pri...

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dw.com
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Ukraine Ends Russian Gas Transit, Raising Concerns in Eastern Europe

Ukraine will halt Russian gas transit through its pipelines by the end of 2024, impacting eastern EU countries reliant on this route, despite EU confidence in alternative gas supplies; however, Hungary and Slovakia express concerns and threaten countermeasures.

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pt.euronews.com
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Kazakhstan to Lead Investigation into Azerbaijan Airlines Crash

Kazakhstan will lead the investigation into the Azerbaijan Airlines flight 8432 crash near Aktau, following consultations with Azerbaijan and Russia, examining the plane's black boxes after Azerbaijan accused Russia of shooting down the plane with a surface-to-air missile.

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theglobeandmail.com
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Rising Treasury Yields Dampen U.S. Stock Futures

U.S. stock index futures fell on Monday morning due to rising Treasury yields, threatening the typical year-end "Santa Claus" rally; the Dow, S&P, and Nasdaq futures all declined.

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bbc.com
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Israeli Airstrikes Target Houthi Rebels in Yemen

Israel launched airstrikes in Yemen against Iranian-backed Houthi rebels, killing at least three people, in retaliation for alleged attacks against Israeli interests; the strikes targeted Sanaa airport, power plants, and ports used to transport Iranian weapons, according to Israel.

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