Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

World

28 Dec 2021

U.S. and Russia Set to Discuss Security on January 10th as Ukraine Tensions Mount

The Index Today

Russian and American bureaucrats will be meeting on January 10th to discuss matters regarding national security. This comes in the midst of mounting Russia-Ukraine pressures.

A Biden administration spokesperson has also revealed that a larger meeting is set to take place on January 13th to be attended by Washington, Moscow, and other countries from Europe.

Russia’s recent placement of military corps near Ukraine has raised concerns among Western countries, creating fresh worries about another potential Russian attack following the capture of the Crimea peninsula.

Although Russia seeks sanctions for its security requirements, the U.S. is prepared to issue economic endorsements in the event of another Russian strike on Ukraine.

A spokesperson for the National Security Council of the White House contended, "When we sit down to talk, Russia can put its concerns on the table, and we will put our concerns on the table with Russia's activities as well." They also stated that “there will be areas where we can make progress, and areas where we will disagree. That's what diplomacy is about."

©Photo: Getty Images

Clay pottery with table linens