Fears that the Ukraine-Russia crisis would impair global supplies are driving up oil and gas prices. On Tuesday, the price of Brent oil, a global benchmark, hit a seven-year high of $99.38 a barrel. After recognizing two rebel-held territories in… Read More ›
U.S. President Joe Biden has signed an executive order prohibiting trade and investment by U.S. individuals in the two breakaway regions of eastern Ukraine which have been recognized by Russia as being independent, said the White House. The executive order… Read More ›
On Tuesday, Japan said it is ready to join the United States and allied nations in imposing economic sanctions against Russia, in the event Russia President Vladimir Putin orders an invasion of Ukraine, The statement from Japan, the world’s third… Read More ›
Following Russia’s move to recognize two breakaway regions in Ukraine, the United States has begun coordination with allies and is slated to announce new sanctions on Russia. “… the United States will impose sanctions on Russia for this clear violation… Read More ›
The United States has informed the United Nations that it considers Russia is planning to kill or detain a substantial number of critics, dissidents, and “vulnerable communities” in Ukraine during an invasion. Ambassador Bathsheba Nell Crocker, the United States’ representative… Read More ›
On Monday, in a significant development, Iran’s foreign ministry spokesman Saeed Khatibzadeh said, talks in Vienna aimed at reviving the 2015 nuclear deal between Iran and the US have made “significant progress”. In a separate statement, Iran’s top security official… Read More ›
The United States and the United Arab Emirates are seeking an additional $4 in worldwide investment for a program that the two countries had initiated last year aimed at making agriculture more resilient to climate change and at bringing down… Read More ›
According to three people familiar with the situation, President Joe Biden’s administration is preparing an initial package of penalties on Russia that includes prohibiting U.S. financial institutions from processing transactions for key Russian banks. The restrictions, which would only be… Read More ›
On Monday, British Foreign Secretary Liz Truss is scheduled to tell the European Union that the sooner the dispute over Northern Ireland’s trade rights are resolved the faster it will enable London and Brussels to focus on external issues including… Read More ›
In a statement European Commission President Ursula von der Leyen said, the EU could lay sanctions on Moscow if it were to invade Ukraine. The EU would cut off Russia from the international financial markets and deny access to major… Read More ›
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