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World Business News


From The BBC

Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.


UK vows to phase out Russian diesel and jet fuel imports by new year
The ban forms part of the government's package of sanctions on Moscow due to the ongoing war with Ukraine.


'I was employee number one': SpaceX co-founder reacts to firm's market debut
The BBC's Michelle Fleury spoke to Tom Mueller, who was one of the company's founders alongside Elon Musk in 2002.


UK economy contracts as Iran war impact felt
The economy shrank slightly in April as the Iran war began to have an impact on businesses, official data shows.


Why the economics make this the craziest World Cup ever
From trade wars to soaring ticket prices, the 2026 World Cup is unlike any before it. Faisal Islam explores what this tournament reveals about our changing global economy.


India's 'blue gold' starts a new drinks industry
Agave plants grow wild in India and new distillers are using them to create a spirits industry.


My friends always want to split the bill equally, how do I say no?
It is never easy to speak up when a fellow diner says "let's just divide it!"


Watch: Three things to know about SpaceX's stock market debut
The BBC's Samira Hussain explains everything you need to know about SpaceX's historic IPO.


UK signals it may block payout to British Steel owner
Chinese firm Jingye is seeking compensation after the government decided to nationalise the company.


Ryanair investigated over charging parents to sit with children
The UK's competition regulator is investigating the airline over charges it imposes on parents to sit next to their child.


Mike Ashley's Frasers offers £1.73bn to buy all of Hugo Boss
The retail group already owns just over a quarter of the German fashion brand but wants to buy the rest of it.


I'd have vetoed foreign sale of UK tech giant, says Business Secretary
Peter Kyle's comments come as the government sets out how it would back British technology companies.


SpaceX IPO: Preparing for the biggest liftoff yet?
It’s not just about rockets: what SpaceX does and why its IPO matters


Villagers take fight against Lidl store plans to Welsh government
Residents in the area do not want a store on land separating Llantwit Major and Llanmaes.


Trump says 'I love the inflation' as US prices rise at fastest rate in three years
The US president later said he had meant that he actually loved that inflation was not higher.


Social media on trial: Four important cases to watch
Social media firms face thousands of lawsuits, the BBC looks at four which could be significant.


Korea fines e-commerce giant $400m over data breach affecting millions
The record fine comes after around 37.5 million users had their private data exposed.


World Cup expected to be the biggest betting event in history
The expansion of the number of games being played is set to drive a surge in the amount of bets placed on this year's World Cup.


Bill debt soars but many don't know help is available
The majority of billpayers are unaware of special tariffs for water and broadband, the spending watchdog says.


Illegal mini-marts to shut for up to 12 months under law change prompted by BBC
Under current rules, shops breaking the law can only be closed for up to six months in England and Wales.


World's largest chipmaker does not rule out price rises as costs increase
In a rare interview, a senior executive at TSMC discusses the AI boom, the geopolitics of chips and what it means for the price of electronics.


How to enjoy the World Cup - and keep your boss on side
Football fans and bosses share their strategies to balance late night kick offs with work the next day.


UK pint prices up 36% since last World Cup – here's why
UK pint prices are up 36% since the last World Cup. We look at why beer now costs so much more.


Beauty Pie LED mask ad banned over misleading anti-wrinkle claim
The mask is not "clinically proven to reduce wrinkles in four weeks", the advertising watchdog finds.


Kalshi to make some users reveal job details to tackle insider trading
After issues with insider trading, the prediction betting platform is adding new rules.


Version of AI tool 'too powerful for public' released to public
Claude Fable 5 is a version of Anthropic's Claude Mythos, an AI program which caused a stir among technology, finance, and government leaders.


AI giants' race to raise funds heats up as ChatGPT-owner plans stock market debut
The company behind ChatGPT files its plans one week after Anthropic did the same.


New candy stores are popping up across NYC. Why?
While US consumer confidence is at an historic low the Big Apple's sweet shops are expanding.


Could humanoid robots be heading for the battlefield?
Armed forces are experimenting with humanoid robots, but battlefield deployment is some way off.


Spain's visitor numbers hit new highs as tourists avoid Middle East
The European country had 9.1 million international visitors in April, the most ever for that month.


The ancient trick making food waste useful and tasty
Instead of throwing away byproducts of food processing, fermentation is making them valuable.


'By the grace of God': Miners dig on as lab-grown diamonds change market
The rising popularity of lab-grown diamonds heaps pressure on those hunting for the natural gems.


How 'confused' AI rollout hurts firms and baffles staff
Some firms are putting pressure on staff to use AI, but have not thought through their AI rollout.


Caribbean hot sauce producers warn of shortages and higher prices
Manufacturers in Jamaica say the key chilli peppers they need are in limited supply.


Humanoid robots 'the future' of car making, says BMW
BMW is introducing humanoid robots to a car plant in Europe, building on similar projects in the US.


Is 'out of control' US tipping culture spreading overseas?
With US waiting staff getting cross at receiving less than 20%, tips are also on the rise elsewhere.


The rise of the fruit that tastes like custard
Custard apple plants are prized for their hardiness but exporting their delicate fruit is difficult.


Morocco wants tourists to visit Western Sahara. Some say it's tightening its control
The Moroccan government wants more Western holidaymakers to visit the territory it claims to own.


'Six eggs used to be £1' - why everyday essentials cost so much more now
Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?


Love factually: Dating start-ups promise to cut the cheats
Frustration with fake dating profiles has spurred new dating services with different approaches.


The fight against foreign developers buying Caribbean beaches
Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines.


Robo-top: The machines that could make your next t-shirt
Most clothes are made in Asia, but new machines could bring some of that work back to the West.


Why does Amazon have no Western rivals?
The internet giant dwarfs other online retailers on both sides of the Atlantic.


Teen plans to leave uni 'debt free' after making £35,000 selling vintage football shirts
Eleri Williams started out selling her dad's old football shirts and has just opened her own shop.


Have you been mis-sold car finance?
Martin Lewis has advice for those who have or who are planning to put in a car finance mis-selling claim.


My friends always want to split the bill equally, how do I say no?
It is never easy to speak up when a fellow diner says "let's just divide it!"


Why does your World Cup pint cost so much this time round?
Pub landlords explain why they have no choice but to charge more.


Dozens of crisis payments handed out by council
Many of the completed payments have gone to low income families with surging heating oil costs.


The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.


How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?


The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam


The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?


Scammers are becoming ever more sophisticated - this is what the fightback looks like
Scams have exploded over the last few years. Can countries and companies come together to turn the tables on the scammers?


Have you been mis-sold car finance?
Martin Lewis has advice for those who have or who are planning to put in a car finance mis-selling claim.


'I was employee number one at SpaceX'
The BBC's Michelle Fleury spoke to Tom Mueller, who was one of the company's founders alongside Elon Musk in 2002.


Watch: Three things to know about SpaceX's stock market debut
The BBC's Samira Hussain explains everything you need to know about SpaceX's historic IPO.


'I was employee number one': SpaceX co-founder reacts to firm's market debut
The BBC's Michelle Fleury spoke to Tom Mueller, who was one of the company's founders alongside Elon Musk in 2002.


Why does your World Cup pint cost so much this time round?
Pub landlords explain why they have no choice but to charge more.


Learning Never Stops

If It Does, Life Would Be Worthless



Our Objective

  • Support and encourage current members as and when the need arises fairly and honestly
  • Grow our membership by reaching out through formal and informal social gatherings
  • Extend charitable assistance to the needy and wanting
  • Promote and maintain friendship, members and other colleagues who are non members of Soyuznikis-UK
  • Promote the group locally and worldwide
Our Mission
Soyuznikis-UK is a union for Nigerians who have studied in the former Union of Soviets Socialist Republic (USSR). Soyuznikis comes from the Russian word ‘Soyuz’ meaning union. The association was founded in the summer of 2007 during the wedding ceremony of a colleague in London, the idea came about to form an umbrella organisation to bring together and embrace in friendship as it existed amongst us during our stay in the USSR was agreed.

Soyuznikis-UK is a secular and non political organisation. Membership to the group is not dependent on creed, origin, gender or sexuality. We endeavour to be a progressive organisation that will make meaningful contributions to the communities that gave us the opportunity to learn – USSR, the one that now host us - United Kingdom and most especially our nation – Nigeria. The deeds and acts of Soyuznikis-UK are guided by its constitution.

Our general meetings are held on the last Saturday of every month excluding December, when we normally hold our End of Year Party. Ideally, we as a group encourage our friends and familities to join us on our social events as a way of fostering our interpersonal relationships.

Unity Is Strength

Since inception, the association has been lead by the following persons as President. They have made efforts to foster growth and unity among members.

They are:
  1. Mr. Paul Eboh 2007 to 2009
  2. Dr. Ralph Eke 2009 to 2011
  3. Pastor Chioma Ejiofor 2011 to 2012
  4. Mr. Ebenezer Hundeyin 2012 to 2019
  5. Mr. Olushina Alaka 2019 to date


Cancel Culture - Very Divisive

The most dangerous of all falsehoods is a slightly distorted truth. The danger of instant judgements and monolithic narratives are all too prevalent in these deliberations. Where you will find cold-blooded grasping; massive sense of entitlement; an inability to show gratitude; an unrealistic expectation of puritanism from others; and a passionate performance of virtue that is well executed in the public space ( social media) but not in the intimate space of co-habitation and friendship.

These are very trying times. Technology as recent as couple of years ago was supposed to bring us all closer - remember the global village?. The emergence of an old doctrine - critical race theory the epitome of this dramatic change in attitude towards anyone with a different point of view has put paid to that paradigm. These contrive and concerted attack on one race as being the source of the biblical original sin is trivial and false period.

We insulate ourselves in ideological bubbles of similar-thinking people and refuse to countenance or even engage with the truth. We now seems to be building echo chambers with titanium and carbon fibre cladding just to make sure we do not see or hear anything different. If these cancel culture mentality is being adopted to the pandemic, may be herd immunity would have been achieved by now. We have become communities in a dislocated social fabric that is fracturing at an astonishing rate. If we do not amend this fast, rapture seems to be the only ramification.