Tue, 21-Oct-2025

Putin dismisses the deputy defense chief due to supply shortages

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Mikhail Mizintsev, who oversaw Moscow’s harsh siege of the port city of Mariupol, will take his position. Bulgakov was in charge of supplying Russian forces after their 2015 deployment to Syria. The Russian president has reportedly assumed personal control of the war effort and begun giving orders directly to Ukrainian generals, which coincides with Mr. … Read more

German exports fall for second straight month

FRANKFURT: German exports fell for the second month in a row in September, as Europe’s top economy grapples with global supply shortages, official data showed on Tuesday. Germany exported 112.3 billion euros ($130.2 billion) worth of goods in September, adjusted for the season, a 0.7 per cent drop from the previous month, according to federal statistics … Read more

Saudi minister sees demand from gas-to-oil switching at up to 600,000bpd

RIYADH: Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said users switching from gas to oil could account for the demand of 500,000-600,000 barrels/day, adding that the world was now waking up to the shortages in the energy sector, Arab News reported. Prince Abdulaziz said the potential switch depended on how severe winter weather would be and … Read more

PCs and Laptops to witness shortage by 2022 due to pandemic

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As the world got hit by the global pandemic, the demand for various electronic products like laptops and desktop PCs increased.   This seemingly has left manufacturers still being months away to fulfill existing orders with the shortage possibly lasting till 2022, as per analysts and hardware industry executives. According to the reports, one of … Read more