Even as the European Union, the United States, and Britain announce new sanctions on Russia following Moscow’s move to recognize two breakaway provinces in Ukraine as independent entities, their primary target appears to be the ability of Russian banks to… Read More ›
Creativity
Russia ratifies treaties of friendship with two Ukrainian breakaway republics
In a statement the Kremlin said, Russian President Vladimir Putin has ratified treaties of friendship with two Ukrainian breakaway republics. The move will now allow Moscow to deploy troops, build military bases, and boost economic integration. The development comes midst… Read More ›
Impossible to quickly replace Russian LNG supplies to Europe: Qatar
In a statement Qatar’s energy minister said, not a single country, including Qatar, has the capacity to replace Russian gas supplies to Europe with liquefied natural gas (LNG) in the event of disruption due to a conflict between Russia and… Read More ›
Britain sanctions five Russian banks, 3 Russian billionaires
Britain has imposed sanctions on Russian billionaires including Gennady Timchenko who have close links with Vladimir Putin. The move comes after Russian President Vladimir Putin ordered troops to deploy in the two breakaway regions of eastern Ukraine following their claims… Read More ›
Biden deploys troops, F-35 fighter jets, AH-64 Apache attack helicopters to NATO’s eastern flank
U.S. President Joe Biden’s announced a re-distribution of troops in Europe includes sending 800 infantry soldiers to the Baltic region and up to 8 F-35 fighter jets to several operating locations along NATO’s eastern flank, said a U.S. official on… Read More ›
Japan imposes sanctions against Japan
On Wednesday, Japanese Prime Minister Fumio Kishida announced sanctions against Russia over its actions in Ukraine, saying Moscow’s moves are unacceptable violation of Ukrainian sovereignty and international law. Japan’s sanctions include prohibiting the issuance of Russian bonds in Japan and… Read More ›
Canada announces first round of economic sanctions against Russia
In a statement Canadian Prime Minister Justin Trudeau announced the country’s first round of economic sanctions on Russia after Moscow recognised the separatist regions of Donetsk and Luhansk in Ukraine as being independent. In 2014, Russian-backed separatists in Donetsk and… Read More ›
Saudi Arabia celebrates its foundation day for first time
On Tuesday, for the first time Saudi Arabia celebrated its founding day nearly 300 years ago, and chose to downplay the role played by clerics from the ultra-conservative Wahhabi school of Islam. The anniversary marks the day in 1727 when… Read More ›
U.S.-European Union Trade and Technology Council to meet on May 15-16
In a statement the EU’s antitrust chief Vestager said, the U.S.-European Union Trade and Technology Council, which was set up last year to strengthen strained transatlantic trade ties and help allied democracies better compete with China, will meet for the… Read More ›
E-Bike startup Zoomo raises $20M in Series B funding round
On Tuesday, Zoomo, a startup that designs and sells commercial grade e-bikes for online deliveries said, it had raised an additional $20 million in its latest funding round to fund its European expansion and grow its software and engineering teams…. Read More ›