Foreign policy
George Soros says Russia’s gas storage is almost full — and Europe should hold its nerve
Russian President Vladimir Putin delivers a speech during a ceremony honouring the country’s Olympians and Paralympians at the Kremlin in Moscow, Russia April 26, 2022. Maxim Shemetov | Reuters DAVOS, Switzerland — Russian President Vladimir Putin’s bargaining position is “not as strong as he pretends” and Europe has leverage against him, according to billionaire investor […]
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The Indo-Pacific Economic Framework: What it is — and why it matters
U.S. President Joe Biden formally introduced the Indo-Pacific Economic Framework, or IPEF, this week during his first Asia tour, revealing Washington’s long-awaited Asia-Pacific economic strategy. It comes five years after the U.S. unilaterally withdrew from the Trans-Pacific Partnership, a trade deal signed by 12 countries in Asia-Pacific, North America and South America. With the U.S. […]
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Saudi finance minister warns of growing global food crisis caused by Ukraine war
Mohammed Al-Jadaan, Saudi Arabia’s finance minister, at the World Economic Forum in Davos, Switzerland Jason Alden | Bloomberg | Getty Images Several countries are raising the alarm over the growing crisis in global food supplies triggered by Russia’s invasion of Ukraine. The warring states are among the world’s top agricultural exporters and feed much of […]
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‘Make Russia pay for it’: Ukraine’s Kuleba on the massive cost of post-war reconstruction
The cost of Ukraine’s reconstruction after the country’s devastation by Russian forces will be colossal. Ukrainian officials have estimated it at a potential $600 billion, with some saying that is a modest figure and set to increase as the war drags on. International financial institutions have stressed the need for something like a Marshall Plan […]
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‘Kissinger still lives in the 20th century’: Ukraine hits back at suggestion it should cede land to Russia
A Ukrainian MP has given what he called a “polite” reply to former U.S. Secretary of State Henry Kissinger’s suggestion that Ukraine should be prepared to cede some territory to Moscow in order to reach a peace deal. “I think Mr. Kissinger still lives in the 20th century and we are in the 21st century […]
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Situation in Donbas region ‘very difficult,’ Zelenskyy says; civilization may not survive Putin’s war, Soros warns
Civilization may not survive Putin’s war in Ukraine, George Soros says Liberal billionaire George Soros has said Russia’s invasion of Ukraine could be looked back on as the starting point of World War III. At his annual dinner amid the World Economic Forum on Tuesday evening, Soros said the course of history had changed dramatically since the […]
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Ukraine uses Davos to make its pitch to the West — and takes over Russia’s former party hub
The “Russian Warcrimes House” is showing a picture exhibition documenting alleged war crimes taking place in Ukraine. Organizers hope this will help the Davos elite taking future decisions about the war. Fabrice Coffrini | AFP | Getty Images DAVOS, Switzerland — The war in Ukraine is top of the agenda at the World Economic Forum […]
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U.S. bars Russia from paying bondholders through American banks, increasing default risk
The Kremlin towers and Ivan the Great Cathedral in Moscow. Kirill Kudryavtsev | Afp | Getty Images The Biden administration will ban Russia’s government from paying bondholders through American banks starting Wednesday morning, the Treasury Department said. The move increases the odds that Russia will default on its outstanding debt. It is the latest sanction […]
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Saudi foreign minister says the kingdom’s hands are ‘stretched out’ to Iran
Saudi Arabia is seeing some progress on dialogue with its longtime adversary Iran, but not enough, the kingdom’s Foreign Minister Prince Faisal bin Farhan al-Saud told CNBC on Tuesday. In the meantime, the minister says it is eager to improve the two countries’ relationship. “In Saudi Arabia, and I think it’s the same in the […]
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Palantir CEO weighs in on the Ukraine war: ‘The lesson for every big country is holy s—‘
Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Getty Images Palantir CEO Alex Karp believes that the war between Russia and Ukraine is making big countries re-consider their […]
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