Ruxandra Iordache
Ruxandra Iordache is a London-based digital news editor for CNBC International, tracking breaking news across Europe, Middle East and Asia. She has covered conflicts, Mideast and European politics, OPEC and energy – with occasional reporting of China and tech news.
Biography:
https://www.cnbc.com/ruxandra-iordache/
87%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
89%
Examples:
- The author has a slight bias towards reporting on conflicts and political news, particularly in the Middle East and Europe. They also have a focus on energy news.
- The author occasionally reports on China and tech news.
- There is an emphasis on covering breaking news across various regions.
Conflicts of Interest
98%
Examples:
- Ruxandra Iordache maintains a professional and objective approach to her journalism.
- The author does not have any significant conflicts of interest that would influence their reporting.
Contradictions
85%
Examples:
- Contradictions are present in some articles, where Ruxandra Iordache reports on discrepancies or conflicting information provided by sources.
- There are instances where the author has to clarify or correct information provided by sources.
Deceptions
75%
Examples:
- Ruxandra Iordache generally presents factual and accurate information in her reporting.
- There are instances where the author may present information in a way that could be considered deceptive, but these instances are rare.
Recent Articles
New Chancellor Reeves Announces Plans for Economic Stability, Housing Revitalization, and Business-Friendly Environment
Broke On: Friday, 05 July 2024Newly appointed UK Chancellor Rachel Reeves unveils plans to revitalize the economy, focusing on housing and productivity growth. She aims to reform planning policies, restore mandatory housing targets, and create a £7.3bn National Wealth Fund. The Labour government intends to cut red tape, defeat Nimbys at a national level, and appoint 1,400 new planning officers. 
Shell Takes $2 Billion Impairment Hit from Singapore and Rotterdam Plants
Broke On: Friday, 05 July 2024Shell faces up to $2 billion in impairment charges due to market conditions halting construction at its Rotterdam biofuels facility and the planned divestment of its Singapore refining and chemicals plant. These impairments, along with declining gas trading, will significantly impact Shell's second-quarter results. 
Deadly Lithium Battery Factory Fire in South Korea: At Least 23 Workers Killed, Highlighting Risks of Handling Flammable Batteries
Broke On: Monday, 24 June 2024A devastating fire at Aricell's lithium battery factory in Hwaseong, South Korea on June 24, 2024, claimed the lives of at least 23 foreign workers and injured several others. The cause of the explosion-triggered blaze is under investigation. The incident underscores safety concerns surrounding lithium batteries' high energy density and flammability. 
Swiss National Bank Cuts Interest Rates to 1.25%: Anticipated Economic Growth and Market Reactions
Broke On: Thursday, 20 June 2024Switzerland's central bank, the Swiss National Bank (SNB), cuts interest rates by 0.25% to 1.25%, making it the second-lowest among G10 democracies. Economic growth projected at around 1% for rest of 2024 and slight unemployment increase expected. SNB's decision follows European Central Bank's lead, with questions about further rate cuts in Switzerland. Stock markets react positively, but inflation pressures may limit further cuts. 
Three Hezbollah Fighters Killed in Israeli Strikes: Escalating Tensions Between Israel and Lebanon
Broke On: Monday, 17 June 2024Recent cross-border attacks between Israel and Hezbollah have resulted in the deaths of three Hezbollah fighters and a senior commander, raising concerns over a larger conflict. The Israeli military has reported damage to their vehicles from Hezbollah launches, while also intercepting rockets fired towards Israel. Amos Hochstein, a senior adviser to U.S. President Joe Biden, has met with officials in Lebanon in an attempt to de-escalate the situation. The ongoing tensions are further complicated by Hezbollah's backing from Iran and the potential for regional conflict. 
Israel and Hezbollah on Brink of War: IDF Warns of 'Devastating Consequences', Tensions Escalate Since October 2023
Broke On: Tuesday, 18 June 2024Israel and Hezbollah are on the brink of a full-scale war, with tensions escalating since October 2023. Hezbollah has been firing missiles and drones at Israel's northern border, prompting Israeli strikes deep into Lebanon. The conflict comes amid ongoing tensions in the Gaza Strip between Israel and Hamas. Regional and international players, including Iran, are involved in the escalating situation. Despite efforts to de-escalate, there are concerns of devastating consequences if Hezbollah continues its aggression. 
Putin's Peace Offer Rejected by Zelenskyy: Conditions for Ukraine Cease-Fire Disputed
Broke On: Friday, 14 June 2024Russian President Vladimir Putin's proposed cease-fire in the Russia-Ukraine conflict, with conditions for peace talks rejected by Ukrainian President Volodymyr Zelenskyy. Putin demanded troop withdrawals and abandonment of NATO aspirations, while Zelenskyy called it a 'sham' and compared Putin to Hitler. The conflict began in 2014 when Russia annexed Crimea, with around a fifth of Ukrainian territory occupied since then. Previous peace efforts have failed, and international support for Ukraine includes $50 billion in loans and increased weapon supplies. 
Baltimore Port Reopens After $1.7-1.9 Billion Bridge Rebuild Following Deadly Cargo Ship Incident
Broke On: Wednesday, 12 June 2024A cargo ship striking a support column caused the Francis Scott Key Bridge to collapse at the Port of Baltimore in March 2024, resulting in six fatalities and a $1.7-1.9 billion rebuilding cost. The incident halted commercial traffic, affecting thousands and causing economic ripple effects. The cause of the cargo ship's power loss remains under investigation while cleanup efforts removed 50,000 tons of debris from the Patapsco River. 
OPEC to Make Crucial Decision on Oil Output Cuts this Weekend: Balancing Market Expectations and Global Demand
Broke On: Friday, 31 May 2024OPEC is finalizing oil-output cuts of around 2 million barrels a day through the second half of 2021 and potentially into 2025 at this weekend's meeting. Amid market volatility from geopolitical tensions, pandemic recovery, and shifting demand, OPEC aims to stabilize oil markets with production management. South Africa's Democratic History at a Crossroads: ANC Faces Potential Loss of Parliamentary Majority in 2024 Elections
Broke On: Thursday, 30 May 2024South Africa's ANC faces potential loss of parliamentary majority in May 2024 elections, with early results suggesting a shift towards opposition parties. This uncertainty could lead to coalition or minority government, impacting political direction and South Africa's already struggling economy.