Russia
EU not expected to fully ban Russian coal imports until August, sources say
A front loader collects a shovel of coal from a pile at the Raspadsky open-pit coal mine, operated by Raspadskaya PJSC, in Mezhdurechensk, Russia, on Friday, Feb. 5, 2021. Andrey Rudakov | Bloomberg | Getty Images The European Union’s proposed ban on coal imports from Russia is not expected to take full effect until August […]
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‘Weapons, weapons and weapons’: Ukraine makes its request to NATO clear
Ukraine has urged NATO to supply more weapons as it seeks to defend itself against further aggression from Russia. Members of the NATO military alliance have been supplying Kyiv with weapons ever since Russia’s unprovoked invasion of Ukraine in February. The U.S., for instance, has supplied anti-aircraft Stingers, thousands of anti-tank weapons and millions of […]
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Putin is preparing an eastern offensive in Ukraine. Here’s how this phase of the war could unfold
Putin has described Russia’s unprovoked onslaught in Ukraine as a “special military operation.” Mikhail Klimentyev | Afp | Getty Images Russian President Vladimir Putin is overseeing a change in military strategy to the Kremlin’s unprovoked onslaught in Ukraine, repositioning forces in the east of the country in a bid to take control of the Donbas […]
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Ukraine asks NATO for ‘weapons, weapons and weapons’; Shell reveals financial hit of leaving Russia. Follow our live updates
Ukrainianian foreign minister’s request to NATO: ‘Weapons, weapons, and weapons’ Ukrainian Foreign Minister Dmytro Kuleba met with G7 and NATO members on Thursday in a bid to gather more support for his country’s fight against Russia. “I came here today to discuss three most important things: weapons, weapons, and weapons. Ukraine’s urgent needs, the sustainability […]
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Oil major Shell to write off up to $5 billion in assets after exiting Russia
Royal Dutch Shell products in Torzhok, Russia. Andrey Rudakov | Bloomberg | Getty Images Shell has announced that it will write off between $4 and $5 billion in the value of its assets after pulling out of Russia following the country’s unprecedented invasion of Ukraine. Thursday’s announcement offers a first glimpse at the potential financial impact to […]
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Why a Russia-Ukraine deal may be difficult to reach
It will be difficult to find a diplomatic resolution for the war in Ukraine unless the situation on the ground changes, according to Francis Fukuyama, a senior fellow at Stanford University’s Freeman Spogli Institute for International Studies. “Both of the sides have lost so much that the kind of concessions that would be needed to […]
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These global stocks were first-quarter winners and Wall Street sees more upside ahead
These buy-rated stocks from the U.S. and beyond had a strong start to the year and are expected to continue to rise. Source
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A VPN company just became Lithuania’s second tech unicorn
Network cables are plugged in a server room. Michael Bocchieri | Getty Images Cyber firm Nord Security announced Thursday that it has raised $100 million from investors at a $1.6 billion valuation, making it Lithuania’s second tech unicorn. The company is best known for its VPN product, NordVPN, which costs around $140 a year or […]
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Yellen warns that war in Ukraine will have ‘enormous’ global economic impact
U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on “the State of the International Financial System,” on Capitol Hill in Washington, U.S., April 6, 2022. Tom Brenner | Reuters Treasury Secretary Janet Yellen cautioned Wednesday that Russia’s attack on Ukraine could cause a major hit to the global economy. “Russia’s […]
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U.S. sanctions Putin’s adult children, bans all new investment in Russia
Russian President Vladimir Putin chairs a meeting on agriculture via a video link at the Novo-Ogaryovo state residence outside Moscow on April 5, 2022. Mikhail Klimentyev | AFP | Getty Images WASHINGTON — The United States on Wednesday announced it would impose a new slate of sanctions on Russia that includes first-time sanctions on the […]
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