Russia
European markets pull back amid doubts over latest Russian pledges over Ukraine
LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.5% in early trade, with autos shedding 1.6% to lead losses, while oil and gas stocks gained 2.1%. In terms of individual share price movement, […]
Read More
EU to pressure China at virtual summit over its stance on Russia-Ukraine war, sources say
President of the European Commission Ursula von der Leyen delivers a statement in Brussels. Kenzo Tribouillard | AFP | Getty Images The European Union wants to put pressure on China to be neutral with its stance over Russia’s recent invasion of Ukraine, sources with knowledge of the matter told CNBC ahead of a virtual meeting […]
Read More
European markets climb as Ukraine-Russia talks begin; Stoxx 600 up 1.8%
LONDON — European stocks advanced on Tuesday as another round of Ukraine-Russia talks got underway. The pan-European Stoxx 600 climbed 1.8% by mid-afternoon, with autos jumping 4.5% to lead gains as all sectors and major bourses traded in positive territory. In terms of individual share price movement, Swedish investment company Storskogen Group added more than […]
Read More
‘We will come and we will find you’: U.S. issues warning to anyone helping Russia bypass sanctions
Wally Adeyemo, deputy U.S. Treasury secretary, speaks during a news conference at the Department of Justice in Washington, D.C., U.S., on Monday, Nov. 8, 2021. Bloomberg | Bloomberg | Getty Images The U.S. will hold accountable any actor that seeks to help Russia bypass economic sanctions amid the Kremlin’s unprovoked onslaught on Ukraine, Deputy U.S. […]
Read More
Russia faces 5 unintended consequences for its invasion of Ukraine
A banner that reads “Slava Ukraini” (“Glory to Ukraine, a Ukrainian national salute) in the backdrop of a demonstration in support of Ukraine on Freedom Square in Tallinn, Estonia, on Feb. 26, 2022, following Russia’s invasion of Ukraine. While sympathy for Ukraine is rising in much of the world, the costs are mounting for Russia. […]
Read More
Putin should think about the consequences of asking for energy payments in rubles, Germany says
Germany has some advice for Russian President Vladimir Putin: think about the consequences of asking for energy payments in rubles. Russia’s Putin said last week that “unfriendly” nations would be asked to pay for their natural gas in rubles — causing a spike in European gas prices. By asking for payments in the Russian currency […]
Read More
Turkey’s Erdogan opens latest Russia-Ukraine talks; Moscow said to be resetting its forces
Russia-Ukraine talks set to begin in Istanbul A spokesperson for the Turkish Foreign Ministry has told NBC News that talks between Russia and Ukraine will begin at 10:30 a.m. Istanbul time (4:30 a.m. ET). He added that it was possible there may be some delays. Turkish President Recep Tayyip Erdogan speaks ahead of the peace […]
Read More
Russia’s invasion has made energy security a hot topic. The U.S. thinks hydrogen could be the answer
Ships sailing into the port of Rotterdam in February 2022. Federico Gambarini | Picture Alliance | Getty Images Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia’s invasion of Ukraine. Russia is a major supplier of oil and gas, and over the past few weeks a […]
Read More
Biden says his ‘moral outrage’ at Putin does not signal a U.S. policy shift
U.S. President Joe Biden announces his budget proposal for fiscal year 2023, as Office of Management and Budget (OMB) Director Shalanda Young listens in the State Dining Room at the White House in Washington, U.S., March 28, 2022. Kevin Lamarque | Reuters President Joe Biden on Monday clarified that his statement that Russian President Vladimir […]
Read More
Russia claims to have changed its strategy in Ukraine — but there are doubts over its real intentions
A woman walks past huge placards bearing images of Russian President Vladimir Putin and reading “Russia does not start wars, it ends them”and “We will aim for the demilitarization and denazification of Ukraine” in the city center of Simferopol, Crimea, on March 4, 2022. Stringer | AFP | Getty Images Russia’s military strategy in Ukraine […]
Read More