IVT GNA

News of the WEEK

IVT Global News Agency/Energy Crisis

Sanctions bite Europe, more than Russia.

The energy crisis in Europe started to take its toll after the invasion of Russia into Ukraine, a military raid started by Russia. Russia always interpreted it as a military raid to paralyse or disarm Ukraine to keep Russia free from the impending threat of NATO nations. Read more...

American sanctions are losing their impact.

India has joined in supporting the so-called sanctions imposed against Iran, now paying a heavy price. India is losing money by paying high prices for everything India was buying from Iran, at much higher prices. The irony of this episode is that America imposed sanctions and India is paying the price for that. India has to start doing business with Iran and save its money until America compensates for the loss India incurred. Read more...

IVT Global News Agency/Resignation

Corporate employees are going home.

The pandemic and lockdown were relaxed, but where are the employees? Most of the employees have given their resignations and are searching for a better work-life balance than just a carried pay-check now. Read more...

Creditors saved Tsingshan Holding Group Co. from a liquidity squeeze.

America has decided to release 1 million barrels of oil to the open market to tame the rising prices after the Ukraine-Russia war hit the oil supply from Russia. This oil is released from America's strategic oil reserve. America stored its oil in four locations along the Texas and Louisiana Gulf Coasts in caverns created in salt domes, which are suitable for use in the event of an emergency or global shortage. Read more...