In a significant development, the Polish Parliament voted in favour of a bill that will replace a contested disciplinary chamber for judges with a new body; the development clears the way for Poland to tap billions of euros from the… Read More ›
Poland
Russian LNG exports to Germany are safe: Germany’s biggest gas importer
In a statement, Germany’s top importer of Russian gas said, Russian LNG inflows into Germany are safe, despite the fact Moscow halted supplies to Poland and Bulgaria since transit volumes headed elsewhere have not been affected. Uniper’s CEO however noted,… Read More ›
Russia halts LNG supplies to Poland and Bulgaria
On Wednesday, in a significant development, Russia halted gas supplies to Poland and Bulgaria after both countries rejected Moscow’s demand to pay for Russian gas in Rubles. The development comes in the wake of massive sanctions by Western countries against… 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 ›
Ukraine introduces export license for key agricultural products
As per a report from Interfax, Ukraine has introduced export licenses for its key agriculture commodities including wheat, corn and sunflower oil. Traders will also need licences to export poultry and eggs. Incidentally, Ukraine is among the world’s leading producers… Read More ›
EU suspends Russia, Belarus from Council of Baltic Sea States
In a statement the European Union said, it has joined members of the Council of the Baltic Sea States (CBSS) in suspending Russia and Belarus from the Council’s activities. “This decision is a part of the European Union’s and like-minded… Read More ›
Citigroup faces billions in losses due exposure to Russian market
Executives of Citigroup Inc have warned, the bank faces billions of dollars in losses from its Russian business even as it continues to help some of its 200 staff in Ukraine to leave the country. Towards the end of last year,… Read More ›
Fallout of Russian invasion of Ukraine spreads to global aviation industry
The fallout of Russia’s invasion of Ukraine has spread to the global aviation industry with two more European countries banning Russian carriers and the European Union saying it would restrict the exports of aircraft parts. Virgin Atlantic and British Airways… 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 ›
Europe at greatest risk of war in 30 years: Poland’s foreign minister Zbigniew Rau
In a statement Polish foreign minister Zbigniew Rau warned, Europe is closer to war than it has been in the last 30 years. The warning comes at a time after a third round of diplomacy aimed at defusing tensions over… Read More ›