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LABOR SHORTAGE IN RUSSIA
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
Russia turns to India, Sri Lanka for way out of its labor crisisRussia is widening its search for foreign workers as it faces a severe labour shortage driven by an ageing population, low unemployment and...
Crude recovers late in session on hopes over US-Hungary meetingCrude prices recovered Friday as hopes emerged that Hungary could utilize Russian oil following a meeting between President Trump and Prime...
Oil heads for second weekly loss as supply concerns weighOil prices saw a slight increase on Friday, breaking a three-day slump. Concerns over excess supply and weakening demand in the United Stat...
Russia to recruit Indian workers amid industrial workforce shortages: Indian envoy Vinay KumarRussia is seeking Indian professionals to fill gaps in its machinery and electronics sectors, responding to a growing shortage of skilled l...
Putin gets grim warning: Russia’s population crisis could wipe out 11 million workers by 2030Russia faces a significant worker shortage by 2030. Retirements and low birth rates are major factors. The Ukraine war has worsened the sit...
Russia to import 1 million skilled workforce from IndiaRussia plans to hire one million Indian workers by year's end. This move addresses labour shortages in industrial regions like Sverdlovsk. ...
Russia wants migrants from new countries to help plug labour shortage, Interfax reportsRussia is considering attracting migrant workers from Asian countries like Myanmar to address labor shortages, according to Economy Ministe...
Is Russian Central Bank under threat of terrorist attack? Why its top officers will be armed with submachine guns?Russian Central Bank's deputy chairpersons and their advisers, branch managers, as well as department directors can be provided with a subm...
L&T hit by 'severe' skilled manpower shortage: 45,000 engineers & techies neededLarsen & Toubro (L&T) faces a severe shortage of skilled labor, with a deficit of 25,000 workers in engineering and construction, and 20,00...
Russian military-industrial complex ramps up production of certain weapons, says ManturovRussia's defence industry which is said to have ramped up weapons production due to its ongoing conflict with Ukraine is facing a labour sh...
Germany poised to loosen immigration rules for skilled workersChancellor Olaf Scholz’s cabinet is due on Wednesday to approve measures to allow citizens of countries outside the European Union who’ve s...
US: Russia to buy rockets, artillery shells from North KoreaRussia, along with China, has called for the easing of U.N. sanctions imposed on North Korea over its nuclear and missile tests. Both count...
Supply chain crisis: Shoppers are facing shortages of beer to popcorn this summerWhen manufacturers can’t make enough glass bottles and aluminum cans, it trickles down to people’s ability to buy things like soda and beer.
Snap warns inflation could hit revenue growth, forecasts higher usersShares of Snap fell as much as 10% immediately after the results, but pared losses later on as investors digested the mixed results.
Fleeing war in Ukraine, they’re met with employers offering paychecksAs the wartime exodus from Ukraine grows larger, companies are rushing forward with offers of employment, from high-level engineering jobs ...
Fed set to raise interest rates to rein in inflationFed Chair Jerome Powell has said he favors increasing the benchmark interest rate by 0.25 percentage points from zero, where it has been si...
Aluminum industry frets that its supply snarls have just begunGlobal supply chains, with container shipping as their backbone, are struggling to keep pace with the demand for goods and overcome labor d...