Within hours of Russian missiles striking cities in Ukraine at the start of the conflict, German naval commander Terje Schmitt-Eliassen was told to sail 5 warships under his command to Latvia in order to help protect the most vulnerable part… Read More ›
Geopolitics
US Britain kick off talks to strengthen trade ties
British and U.S. officials have kicked off a two-day event aimed at strengthening trade in a move that underscores greater transatlantic cooperation. The development comes at a time when Western countries are increasing pressure on Russia over its move to… Read More ›
India’s Oil Imports From The US Are Expected To Climb, In The Face Of Criticism Of Russian Purchases
India’s oil imports from the United States will increase by 11% this year, according to officials, as the critically energy-short country seeks supplies from producers throughout the world, including Russia, which has been extensively sanctioned. Following Russia’s invasion of Ukraine… Read More ›
Australia bans export of alumina, aluminum, and bauxite to Russia
Australia has imposed further sanctions on Russia and has banned exports of alumina, bauxite, and aluminium ores as part of a measure to increase sanctions on Moscow. “Russia relies on Australia for nearly 20 percent of its alumina needs,” said… Read More ›
Germany’s Economy Minister visits UAE to discuss Assad’s recent visit Abu Dhabi
On Monday, during a trip to the United Arab Emirates, Germany’s Economy Minister Robert Habeck said, he would discuss Syrian President Bashar al-Assad’s recent visit to the Gulf state. “The Syrian conflict is…complicated. Assad in my opinion is a criminal… Read More ›
Russia averts sovereign bond default
As per a source familiar with the situation at hand, Russia has made payments towards sovereign bonds which were due this week, which was received by JPMorgan which processed it and made an onwards credit to Citi. With this Moscow has… Read More ›
Canberra sanctions Russian oligarchs with links to mining industry
On Friday, Australia imposed sanctions on two Russian oligarchs with links to its mining industry, with one of them connected with an investment to Rio Tinto’s Gladstone alumina refinery joint venture. In a statement Australian Foreign Minister Marise Payne said,… Read More ›
Third Straight Rate Hike by Bank of England Citing Inflation Concerns Due To Ukraine War
The Bank of England has announced raising of interest rates on Thursday, which is the third time in a row, as the central bank pointed out towards the likelihood that the Russia-Ukraine war keeping rate of inflation high in the… Read More ›
The Western Brands Still Forced To Remaining In Russia
Many Western brands have shunned Russia as a result of the invasion of Ukraine, but some have remained open in the nation and claim they are unable to close them. Complex franchise agreements preclude Marks and Spencer, Burger King, and… Read More ›
Russian LNG gas deliveries resume supplies to Germany and Poland
According to data from German network operator Gascade, a section of the Russian Yamal-Europe pipeline has resumed eastbound gas delivery to Germany and Poland. According to the data, gas flows eastwards at the Mallnow exit point were at 4,296,828 kilowatt-hours… Read More ›