Kyiv Fields 600,000 Dollar Cruise Missile to Rival Tomahawk

(KYIV, UKRAINE) – Ukraine’s long range Flamingo cruise missile costs six times less than the American Tomahawk, the head of manufacturer Fire Point has said, as the country rapidly expands its domestic precision strike capability. Each Flamingo missile carries 1,150 kilogrammes of explosives, enough to penetrate concrete walls, and isContinue Reading

Red Sea Pipelines Undercut Russian Crude Revenues

(PERSIAN GULF) – Global oil transport patterns are shifting rapidly, reducing the market power of Russian crude exports. New bypass routes around the Strait of Hormuz are being expanded, adding structural pressure to the price of Russia’s Urals blend. Daily volumes of oil moved through alternative corridors have climbed fromContinue Reading

44 Million Vehicles Circulate Without Insurance in Brazil

(SÃO PAULO, Brazil) – Only three in every ten vehicles in Brazil carry insurance, leaving 71 percent of the country’s car fleet without cover. Data from the National Confederation of Insurance Companies shows that 44 million vehicles circulate without protection against theft, robbery or accidents. The main reason cited forContinue Reading