Results of early local elections in Britain are showing Boris Johnson’s Conservatives Party suffering early losses in a ballot held against the backdrop of Western sanctions against Russia fuelling inflation in the country resulting in the rise of the cost… Read More ›
On Wednesday, in a significant development, European Commission President Ursula von der Leyen told EU lawmakers in Strasbourg, the EU will ban three Russian state-owned broadcasters as part of its sixth sanctions package. “They will not be allowed to distribute… Read More ›
In a statement the US Securities and Exchange Commission said its Division of Corporation Finance has told companies to disclose the impact of Russia’s invasion of Ukraine on their business, including nationalization of assets. In a guidance posted on its website, the… Read More ›
In a statement on Tuesday, the Kremlin said, Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to “unfriendly actions of certain foreign states and international organisations”. The kremlin did not shed light on which… Read More ›
In a statement NetBlocks, an internet service disruption monitor, said, Moscow has re-routed internet traffic in the occupied Ukrainian region of Kherson through Russian communications infrastructure. The move is aimed at tightening Russia’s grip on a region where it has… Read More ›
According to two EU officials, the European Commission may exempt Hungary and Slovakia from an European embargo on Russian oil, given their dependence on Russian crude. The European Commission is expected to finalise a sixth package of EU sanctions against… Read More ›
From May 1, 2022, Ukraine’s Kherson region will start using the Russian Ruble as its official currency said, the region “military-civil administration”. According to Kirill Stremousov, Kherson administrator, the transition to the Russian Ruble will take up to four months,… Read More ›
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 ›
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 ›
On Monday, a senior official from the EU said, during European Commission President Ursula von der Leyen’s visit to India, she will seek to increase sales of European military equipment to India and relaunch talks of a free trade agreement…. Read More ›
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