On Saturday, Russian news agency RIA quoted Dmitry Medvedev, deputy head of the security council, as saying Moscow will respond to the seizure of funds owned by Russian companies and citizens abroad by seizing funds of foreigners and foreign companies… Read More ›
Geopolitics
Major buyers of Russian crude struggle with Letter of Credits
Chaos ruled the global oil market with top buyers of Russian oil struggling to secure guarantees at Western banks or find ships to take the crude from Russia, one of the world’s largest producers. As per four trading sources, at… Read More ›
Britain unveils largest ever sanctions on Russia
British Prime Minister Boris Johnson has unveiled the country’s biggest-ever package of sanctions against Russia targeting banks, members of President Vladimir Putin’s closest circle and wealthy Russian Oligarchs. Many western nations are imposing tough economic sanctions against Russia in response… Read More ›
US Congress wants to provide $600M worth of weapons to Ukraine
In a statement U.S. House of Representatives Speaker Nancy Pelosi said US lawmakers want to provide “lethal defense weapons” worth $600 million to Ukraine to battle the Russian invasion. “What we’re doing with Ukraine is making sure that we have… Read More ›
US slaps additional sanctions against Russia
Following Russia’s invasion of Ukraine, the United States has imposed additional sanctions on Moscow targeting two of its biggest banks along with Russian Oligarchs and warned more economic actions could follow. Among the targeted banks were five major Russian banks,… Read More ›
Australia imposes more sanctions on Russia
On Friday, Australia imposed more sanctions on Russia targeting many of its elite citizens and lawmakers and termed China’s actions of easing trade restrictions on Moscow as being “unacceptable”. “We will work along with our partners for a rolling wave… Read More ›
Russia’s invasion of Ukraine puts Biden’s leadership to the test
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 ›
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.