Friday

29th Mar 2024

Ticker

Russia suspended from UN human rights council

The United Nations general assembly has voted to suspend Russia from the Human Rights Council over reports of "gross and systematic violations and abuses of human rights" by invading Russian troops in Ukraine. Some 93 countries voted in favour of the US-led motion, while 24 countries voted against and 58 countries abstained. In a draft resolution, the 193-member General Assembly expressed "grave concern at the ongoing humanitarian crisis in Ukraine."

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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