Tue, 21-Oct-2025

Ukraine’s interest rate has risen to the highest in Europe

interest

Ukraine’s central bank has doubled its interest rate to the highest level for any European country. The move is intended to slow soaring inflation and prevent a further collapse of its currency. World Bank predicts that Ukraine’s economy could shrink by as much as 45% this year. The pace of expansion – or the cost … Read more

Western media hypocrisy

Western media

Putin’s invasion of Ukraine has generated an inspiring wave of solidarity around the world, but for many — especially non-White observers — it has been impossible to tune out the racist biases in Western media and politics. Western media is covering the Ukrainian crisis with blatant racism. Numerous Western news outlets have aired views and … Read more

Sweden fights disinformation

Sweden battles disinformation

STOCKHOLM – Swedish authorities are pushing back against reports that social services are “kidnapping” Muslim children, blaming “disinformation campaign” of viral films that instil fear in immigrant families. In late 2021, videos of genuine interventions by child welfare agencies showing sobbing children being removed from anguished parents began to circulate on Arabic-language social media sites. … Read more

Russia plans no new virus rules despite case records

russia

MOSCOW – Russia has no plans to introduce large-scale restrictions to reel in surging coronavirus cases, a senior health official said on Wednesday, despite reporting new infection records for 13 days running. Moscow has been hesitant throughout the pandemic to introduce any restrictions that could hurt the embattled economy. “The healthcare system is coping,” Anna … Read more

Italy imposes new Covid rules on unvaccinated

Italy imposes new Covid rules on unvaccinated

ROME, Dec 6, 2021 (AFP) – People in Italy unvaccinated against Covid-19 can no longer go to the theatre, cinemas, live music venues or major sporting events under new rules that came into force Monday. Only those who have recently recovered from Covid-19 are exempt from the rules, which represent a significant tightening of restrictions in … Read more

Xiaomi in Portugal denies Cryptocurrency payments

Xiaomi

According to Xiaomi, the business was not informed of such decisions because Mi Store Portugal is a self-contained satellite, and Mi Store Portugal’s acceptance does not represent Xiaomi Corporation.

“Xiaomi Corporation would like to clarify that ‘Mi Store Portugal’ and associated social media channels are operated by a third-party store,” Xiaomi said. “While we respect and understand the legitimate operational autonomy of third-party stores, the decision to accept cryptocurrencies has no connection with the Xiaomi Corporation and was made without our knowledge or approval.’”

Earlier, the official retailer of the Chinese tech behemoth, Mi Store Portugal, made the decision to accept bitcoin payments.

Bitcoin, Ethereum, Tether, and Dash may use to purchase MI smartphones, vacuum cleaners, smartwatches, electric scooters, and other devices.

Given that Portugal is considered to become the most crypto-friendly European country because of its tax laws, it is unsurprising that Mi has chosen Portugal as a testbed for digital asset payments.

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Germany faces automobile chip shortages & urges Taiwan to help

automobile

The European country Germany has been facing a shortage of auto chip supply and has urged Taiwan to help them out. As per reports, the shortage of semiconductor chips has affected the former’s automobile industry. The shortage has disadvantaged the economic recovery of Germany after the Coronavirus pandemic. At the moment, automobile manufacturers across the … Read more