On Thursday, Russian President authorized on what he called a “special military operations” into the Donbass region of Ukraine triggering the highest ever US-Russia tensions since the cold war. Putin ordered the deployment of the Russian military into Ukraine despite… Read More ›
Entrepreneurship
Global markets see widespread sells offs following Russian invasion of Ukraine
On Thursday, US bond yields along with stocks fell sharply while the prices of gold, the USD and oil skyrocketed after Russian troops landed in Ukrainian cities on the Black Sea with Ukraine saying Moscow had launched a full-scale invasion…. Read More ›
US imposes sanctions on Russia’s Nord Stream 2 gas pipeline
The United States has imposed sanctions on the company in charge of building Russia’s Nord Stream 2 gas pipeline, in a move that expands US sanctions on Moscow. The sanctions, which target the Nord Stream 2 AG company and its… Read More ›
Airlines to take extreme caution in airspace 100 nautical miles from Belarus Ukraine and Russia Ukraine borders: European Union Aviation Safety Agency
In a statement on Thursday, the European Union Aviation Safety Agency (EASA) warned airlines to avoid flying over Ukraine and exercise “extreme caution” in airspace within 100 nautical miles (185 km) of the Belarus-Ukraine and Russia-Ukraine borders.
Russia starts military operations against Ukraine’s Donbass region
In the early hours of Thursday, Russian President Vladimir Putin authorised a special military operation in Ukraine’s Donbass region demanding the Ukrainian military to lay down arms and to go home. In a special televised address on Russian state TV,… Read More ›
Western sanctions on Russia have minimal impact on Russian economy
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 ›
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 ›