Allianz to take €400m hit after selling majority stake in Russian business June 7, 2022 Allianz has said it will take a €400m hit on its Russia operations, after agreeing to sell a majority stake in the business to the London registered company that owns one of Russia’s major insurance companies. The German insurer has agreed to sell a 50.1 per cent stake in its Russian business to London registered [...]
Watch as Putin warns Russia will retaliate if West sends long-range missiles June 7, 2022 President Vladimir Putin warned the West that Russia would strike new targets if the United States started supplying Ukraine with longer-range missiles, the TASS news agency. Watch the full video report.
US issues seizure warrant for two planes ‘owned and controlled by Roman Abramovich’ worth £320m June 7, 2022 The United States has issued a warrant for the seizure of two jets owned by Roman Abramovich worth £320m ($400m). The ex-Chelsea owner’s $350m Boeing and $60m Gulfstream are now “subject to seizure and forfeiture” owing to violations of export controls set up by Joe Biden, to put pressure on Russia. Both planes were flown [...]
Alexander Litvinenko: Russian man accused of posioning former spy dies from Covid June 4, 2022 One of the two Russian men accused of poisoning former spy Alexander Litvinenko has reportedly died of Covid. Dmitry Kovtun, who was accused by Britain of assassinating the Kremlin critic in 2006, has passed away at a Moscow hospital, according to reports from the TASS news agency. British citizen Litvinenko had died a number of [...]
Russia’s biggest bank Sberbank thrown out of SWIFT while EU moves to ban 90 per cent of Russian oil May 31, 2022 Most Russian oil imports into the EU will be blocked by year-end as part of new sanctions on Moscow, European leaders agreed late last night. The compromise was made at a two-day summit focused on helping Ukraine with a long-delayed package of new financial support. The embargo covers Russian oil brought in by sea, allowing [...]
Millions of UK households could face blackouts this winter due to war in Ukraine May 30, 2022 Millions of UK households could face blackouts this winter due to global shortages of natural gas caused by Russia’s war in Ukraine, the UK government has warned. As many as six million British households could be subjected to blackouts, if Russia makes further efforts to cut off the EU’s gas supplies, according to a Whitehall [...]
Russian Army is ‘chewing through ground’ in Donbas as Kremlin makes ‘palpable progress’ in Ukraine this week May 28, 2022 Vladimir Putin’s Russian Army is making “palpable progress” in the Donbas region after abandoning the attempt to encircle Kyiv, Boris Johnson said this morning. Johnson argued, in an interview with Bloomberg, that more offensive weapons including long-range multiple-launch rocket systems (MLRSs) are needed. He stressed the “vital” need to provide Ukraine with fresh military support [...]
Grab ’em by the Porsche: EU plans to confiscate and sell Russian oligarchs’ cars, villas and other assets May 25, 2022 The EU’s executive body, the European Commision, is planning to roll out proposals to allow EU countries to confiscate assets belonging to Russian oligarchs, and then to sell them off. Assets that are currently frozen by authorities across EU member states should be sold, rather than merely frozen, two EU officials told the publication Politico. [...]
Ukraine’s Zelenskiy says he is prepared to meet Putin, but no other Russian official May 24, 2022 Ukrainian President Volodymyr Zelenskiy has said that President Vladimir Putin was the only Russian official he was willing to meet with to discuss how to end the war. Watch the full report.
Watch: Russians forced to rethink summer travel plans as sanctions and anti-Russian sentiment bite May 24, 2022 Russians are rethinking their summer travel plans abroad amid rising prices and fears of growing anti-Russian sentiment. Watch the full report.