Russia
Russia says the West risks the ‘wrath’ of God if it punishes Moscow over the war; heavy weapons start to have an impact
Humanity at risk if the West seeks to punish Russia over Ukraine, official warns Former President Dmitry Medvedev said on Telegram on Wednesday that he thought it was a “crazy” idea “to create tribunals or courts for the so-called investigation of Russia’s actions” in Ukraine. Ekaterina Shtukina | Sputnik | Reuters A top Russian official […]
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Op-Ed: Energy supply fears have Europe in a panic as it tries to avert a full-blown crisis
Workers are seen at the construction site of the Nord Stream 2 gas pipeline, near the town of Kingisepp, Leningrad region, Russia, June 5, 2019. Anton Vaganov | Reuters As a business executive friend of mine texted me Wednesday, “Europe feels like it’s starting to panic.” He’s right. The concerns about energy supplies are accelerating […]
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European gas prices fall after Norway’s government steps in to end oil and gas strike
Norway’s government said that based on the announced strike numbers, it had been feared that more than half of the country’s daily gas exports would have been lost by the weekend. Joe Klamar | Afp | Getty Images European gas prices on Wednesday fell away from four-month highs after Norway’s government intervened to bring an […]
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Russia takes steps toward mobilizing economy for war; air alerts cover almost the whole of Ukraine
The battle for Sloviansk is fast approaching, UK says A market in Sloviansk was struck on July 5, 2022, following a suspected missile attack amid the Russian invasion of Ukraine. Miguel Medina | AFP | Getty Images Britain’s Ministry of Defense said a battle for the major city of Sloviansk on the front line in […]
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Putin may propose a cease-fire after taking all of the Donbas, says analyst
With the Luhansk region under Russian control, President Vladimir Putin may now focus on seizing all of the Donbas region in eastern Ukraine before offering a cease-fire, a defense policy analyst told CNBC’s “Capital Connection” on Tuesday. “Putin [may] offer the potential for a cease-fire if only to give him[self] an opportunity to fortify the […]
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Germany’s much-vaunted trade surplus disappears as import prices surge
Germany trade entered negative territory in May, raising questions about the stability of its economy in the wake of Russia’s invasion of Ukraine. Picture Alliance | Picture Alliance | Getty Images Germany is no longer exporting more than what it buys from other countries, highlighting the strains that the nation and other European economies are […]
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Yum Brands says it is close to selling its Russian KFC business
A woman walks near closed KFC and McDonald’s restaurants that suspended their business in Russia due to the military invasion of Ukraine, April 16, 2022, in Moscow, Russia. Konstantin Zavrazhin | Getty Images Yum Brands is close to selling its Russian KFC business, as part of its ongoing effort to exit the country’s market, the […]
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Russia is set to switch off the gas for work on a key pipeline — and Germany fears the worst
Russia says it stands ready to supply gas to Europe, describing ongoing disruption concerns as a “man-made crisis” created by Europe. Bloomberg | Bloomberg | Getty Images Russia is poised to temporarily shut down the Nord Stream 1 pipeline — the European Union’s biggest piece of gas import infrastructure — for annual maintenance. The works […]
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Mayor tells civilians to flee as Russian forces approach; Ukraine warns it will need ‘colossal funds’ to rebuild
‘We have no alternative’ but to fight, Zelenskyy says “We have no alternative. It is about our independence, about our future, about the fate of the entire Ukrainian people,” said Ukrainian President Volodymyr Zelenskyy (pictured here on June 16). Ludovic Marin | Reuters Ukrainian President Volodymyr Zelenskyy has said that his forces have no option […]
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Russian forces shift target to Donetsk as Zelenskyy vows Ukraine will win back captured Luhansk
A grain silo destroyed by Russian airstrikes in the Donbas. Sopa Images | Lightrocket | Getty Images Russian President Vladimir Putin on Monday congratulated troops for “liberating” Ukraine’s eastern Luhansk province after several weeks of brutal fighting. A huge proportion of the area’s infrastructure, including residential buildings, is destroyed, and numerous civilians have been killed, […]
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