In a statement Russian President Vladimir Putin said, unfriendly countries will have to pay for gas in rubles. Following the announcement European gas prices soared since the move will exacerbate the region’s energy crunch. Western nations led by the United… Read More ›
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 ›
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 ›
As per a source familiar with the matter at hand, the United States is considering removing Iran’s Revolutionary Guards from its foreign terrorist organization blacklist in return for Iranian assurances for reining in its elite force. According to the source,… Read More ›
Germany has decided to purchase 35 U.S. F-35 fighter jets to replace its ageing Tornado fighters that are capable of delivering a nuclear bomb. The development sees a significant shift in German security policy, including a pledge to reach NATO’s… Read More ›
Shares of Yum China along with four other Chinese companies have fallen sharply after they were ensnared in an audit dispute between China and the United States. In a statement Yum China Holdings, the owner of KFC, Taco Bell and Pizza… Read More ›
On Wednesday, Australia’s intelligence chief said, a “troubling new strategic convergence” is taking place between China and Russia. The risk of a “major power conflict” has grown following Russia’s invasion of Ukraine. China’s President Xi Jinping appears to want to… Read More ›
In a statement U.S. President Joe Biden said, the United States would ban the import of Russian crude oil as well as other energy imports in retaliation to its invasion of Ukraine. “We’re banning all imports of Russian oil and… Read More ›
According to envoys from France and Britain, indirect negotiations between the United States and Iran on reviving the 2015 Iran nuclear deal are closed being clinched. “We are close. E3 negotiators leaving Vienna briefly to update Ministers on state of… Read More ›
Analysts from JPMorgan have warned, Western sanctions on Russia have significantly increased the likelihood of Moscow defaulting on its dollar- and other international market government debt. Russia has more than $700 million in government bond repayments scheduled for this month…. Read More ›
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