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Russia

  • Briton arrested and facing extradition to US for allegedly helping Russian oligarch with ties to Putin evade sanctions

    January 25, 2023

    A British man has been arrested in Spain for extradition to the US for allegedly helping an oligarch with close ties to Russian President Vladimir Putin evade sanctions. The US Department of Justice (DoJ) said in a statement that Richard Masters, 52, was arrested by the Spanish Guardia Civil last Friday, though his Russian-Swiss co-accused [...]

  • Speaker of Russia’s state Duma threatens West saying supplying Ukraine with more powerful arms risks ‘global catastrophe’

    January 23, 2023

    The speaker of Russia’s parliament warned that countries supplying Ukraine with more powerful weapons risked their own destruction. The message followed Ukraine’s supporters pledging billions of pounds in military aid to the country on Friday, including armoured vehicles, air defence systems and other equipment, but not including the battle tanks Kyiv had requested. State Duma [...]

  • BP, Siemens and PepsiCo branded ‘hypocrites’ for donating to Ukraine while failing to fully exit Russia

    January 22, 2023

    BP, Siemens and PepsiCo have all donated millions to Ukraine while at the same time failing to fully exit Russia, new research shows. The three multinationals have been branded “hypocrites” and sit alongside 13 other top firms that have both given aid to Ukraine while also retaining their links to the Russian Federation. The research [...]

  • UK ponders more tanks as Putin’s war enters 11th month and Russia claims victories in eastern Ukraine

    January 20, 2023

    Russia claims to have captured a village in its intense, months-long push toward the eastern Ukraine city of Bakhmut. It comes as military analysts said tanks, which could be sent by Kyiv’s western allies, would not be a magic wand in the 11-month war.  Russian Defence Ministry spokesman Igor Konashenkov told a regular media briefing [...]

  • ‘Hundreds of thank yous are not hundreds of tanks’: Ukraine’s president Zelensky pleads for help against Putin

    January 20, 2023

    Ukrainian President Volodymyr Zelensky has appealed to western allies to speed up the delivery of military support – including badly needed heavy armour – in his country’s struggle against the Russia invader. In an address to a pledging conference at the US airbase in Ramstein, Germany, he urged assembled defence ministers to agree in “principle” [...]

  • Why former Nato chief Lord Robertson told Parliament Britain is now at war with Putin’s Russia over Ukraine

    January 19, 2023

    Britain is at war with Russia over Ukraine, a former Nato chief has told Parliament. The stark assessment was made by Lord Robertson of Port Ellen as he welcomed the support being provided to the Kyiv government, including the sending of 14 Challenger 2 tanks. The Labour former defence secretary also expressed the hope the [...]

  • McDonalds and Nissan could buy back Russian subsidiaries as it is revealed most Western corps have failed to exit the country

    January 19, 2023

    The vast majority of Western corporations have failed to properly exit Russia, according to research carried out by two Swiss universities. Multinational firms such as including McDonalds and Nissan even have kept an option to buy back their Russian subsidiaries via clauses into their exit contracts; this would let them return to Russia if tensions [...]

  • Putin ally Medvedev admits Russia could lose Ukraine War – and threatens nuclear response

    January 19, 2023

    Former Russian President Dmitry Medvedev, an ally of Kremlin chief Vladimir Putin, warned the North Atlantic Treaty Organization (NATO) on Thursday that the defeat of Russia in Ukraine could trigger a nuclear war. Since Russia invaded Ukraine, Medvedev has repeatedly raised the threat of a nuclear apocalypse, but his admission now of the possibility of [...]

  • London firm Shipleys investigated over audit of Russian fintech Zaim Credit Systems

    January 18, 2023

    The UK’s accounting regulator has launched an investigation into London accounting firm Shipleys over its audit work for the UK-listed holding company of Russian fintech firm Zaim Express. The Financial Reporting Council (FRC) said today that it has decided to open an investigation into the firm’s audit of Zaim Credit Systems’ 2021 accounts. The FRC’s [...]

  • TUI open to new majority shareholder following resignation of sanctioned Russian billionaire

    January 17, 2023

    TUI admitted it was looking for a new majority shareholder, 10 months after EU sanctions forced the resignation of Alexei Mordashov. Vladimir Putin ally and Russian billionaire Alexei Mordashov became a target of Europe’s sanctions against Moscow following Russia’s invasion of Ukraine in March 2022. The sanctions meant TUI was left scrambling for a new [...]

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