Biden confirms new sanctions on Russia but excludes US military intervention in Ukraine February 24, 2022 US President Joe Biden has confirmed a new set of sanctions, including limiting exports, will be imposed on Russia following the Kremlin’s attack to Ukraine. “This is going to impose severe cost on the Russian economy, both immediately and over time,” he said during a White House press conference. “We have purposefully designed these sanctions [...]
Invasion of Ukraine: Asian stock markets plunge while oil jumps and all flights ordered to avoid airspace February 24, 2022 Asian stock markets plunged and oil prices surged after Russia’s President Vladimir Putin announced Russian military action in Ukraine. Market benchmarks in Tokyo and Seoul fell 2 per cent and Hong Kong and Sydney lost more than 3 per cent this morning while oil prices jumped nearly 3 dollars (£2.22) per barrel on unease about [...]
Foreign Secretary Liz Truss insists UK is ‘inflicting pain’ on Vladimir Putin and his friends February 23, 2022 Foreign Secretary Liz Truss has defended the UK’s “very serious package” of sanctions against Russia, arguing it will be effective in “inflicting pain” on Vladimir Putin. She also said the Government will ramp up punitive measures in the event of a “full-scale invasion” by Moscow. On the current set of sanctions, Ms Truss told Sky [...]
Named and shamed in ‘global game of chess’: The Russian banks and businessmen the UK has imposed sanctions on February 22, 2022 Five banks named by Boris Johnson earlier today only have a small footprint in the UK, although the largest one Promsvyazbank did have ambitions to float on the London Stock Exchange a decade ago. The sanctions imposed on the five banks and three Russian businessmen are unlikely to have a significant effect on British businesses [...]
UK says Russian invasion of Ukraine has begun: Boris Johnson says first sanctions coming today February 22, 2022 Russia’s invasion of Ukraine has begun, UK Health Secretary Sajid Javid said this morning, making the imposition of Russian sanctions imminent. Prime Minister Boris Johnson has said the “first barrage of UK economic sanctions against Russia” will be revealed today as he warned Vladimir Putin is bent on a “full scale invasion of Ukraine”. It [...]
Sajid Javid says he will continue to wear masks on packed Tube as TfL removes requirement February 22, 2022 Health secretary Sajid Javid will continue to wear a mask when travelling aboard packed tube trains just as Transport for London (TfL) removed the order of wearing face coverings across its network. “Although the infection levels have been falling significantly week, I think where infection levels are at the moment, if I was on the [...]
EU to impose sanctions on Putin regime as Russian troops push into Ukraine February 22, 2022 The Irish foreign minister said this morning the time has come for the EU to impose sanctions on Russia. It comes after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine. A vaguely worded decree signed by Mr Putin did not say if troops were on the move, and it cast the [...]
Markets roll over as Putin lays down the gauntlet: ‘Ball is now firmly in NATO’s court’ February 22, 2022 Reports of a possible summit between US President Biden, and Russian President Vladimir Putin saw European markets get off to a decent start to the week initially. Unfortunately, the early optimism didn’t last, and the France inspired initiative soon went the way of every previous initiative in trying to understand exactly what it is Russia [...]
Sadiq Khan says masks on TfL network no longer compulsory following scrapping of restrictions February 21, 2022 London mayor Sadiq Khan has said masks will no longer be compulsory to wear across the whole Transport for London (TfL) network following today’s announcement that all Covid restrictions will be scrapped. “Following the government dropping all legal Covid restrictions, and in light of falling infection levels in London, it is expected that wearing a [...]
Iain Duncan Smith: Government has done ‘sweet FA’ to cut EU red tape February 21, 2022 Former Tory leader Sir Iain Duncan Smith has said that the government has done “sweet FA” to make the most of the post-Brexit landscape. In an interview with the Telegraph, Sir Iain said that the UK has huge opportunities in finance and medical research, which the government is not seizing. He said that we must [...]