News Category: Editor's Picks
Russia-Ukraine crisis: Crude oil prices soar past $100 a barrel – Cause for worry for India
Oil prices jumped on February 24th, with Brent surpassing $100 per barrel for the first time in eight years, as Russia initiated an attack on Ukraine, raising worries that a European conflict may disrupt energy supplies.
Denmark lifts all virus restrictions from Feb 2022: Says Covid is no longer a threat to society
Denmark is the first European Union country to lift all domestic Covid-19 restrictions, including the use of face masks. The Scandinavian country no longer considers Covid-19 “a socially critical disease”.
India fines Japanese car carrier operators over cartel claims
Four Japanese marine transport businesses have been sanctioned by India for price-fixing tactics in the automobile carrier industry. The CCI issued a final order on January 24, 2022, against NYK Line, Kawasaki Kisen Kaisha (K-Line), Mitsui O.S.K. Lines, and Nissan Motor Carrier Company.