Roman Abramovich denies ‘false’ claims he asked US friends for millions in loans April 6, 2022 Sanctioned Oligarch Roman Abramovich has categorically denied he asked American friends for millions in loans to ensure he can pay staff on his payroll. The Chelsea owner and alleged confidante of Russian president Vladimir Putin, exclusively told City AM claims published originally by Page 6 were “false.” A spokesperson for Roman Abramovich said he “has [...]
Kremlin furious as Russian Army suffers ‘significant losses’ after bombing own unit, mistaken regiment for Ukrainian troops April 6, 2022 The Russian Airforce bombed several of its own troops in recent days, confusing the location of its own military unit with Ukrainian armed forces. The Russian Army mistakenly fired a missile on its own 38th motorized rifle brigade, known as military unit 21720, according to various media reports in Eastern Europe, including a Facebook post [...]
EU considers offering asylum to Russian soldiers if they desert Ukraine amid claims Kremlin is using hunger as a weapon April 6, 2022 European Council president Charles Michel said EU countries should think about ways to offer asylum to Russian soldiers willing to desert Ukraine battlefields. During an address to the the European Parliament, Michel expressed his “outrage at crimes against humanity, against innocent civilians in Bucha and in many other cities”, and called on Russian soldiers to [...]
Roman Abramovich is ‘asking all his friends in the US to let him borrow $1m’ April 6, 2022 Sanctioned Oligarch Roman Abramovich has been asking for millions in loans to ensure he can pay staff on his payroll. The Chelsea owner has been asking friends in Hollywood and Wall Street to give him cash, in order to ensure his existing projects, including the building of his new Tel Aviv mansion, can continue. This [...]
The Russia–Ukraine war and other geopolitical risks April 5, 2022 | City Talk The war in Ukraine is dominating the headlines. For now. But the conflict’s indirect reverberations will ripple far beyond the borders of its combatants and their allies. Indeed, they could give rise to new and varied geopolitical risks throughout the world. The war’s potential effect on the global grain supply and food inflation is especially [...]
Ukraine war is dramatically dialling up risk of global recession April 5, 2022 The war in Ukraine has dramatically dialled up the risk of a global recession, according to leading economist. The conflict has thrown a ‘massive monkey wrench’ into what was a gradually improving post-pandemic picture, Ira Kalish, chief global economist at Deloitte told delegates at the World Retail Congress in Rome. And it could have damaging, [...]
Russian Army soldiers killed ‘for amusement’ in what look like war crimes, says British military bigwig: ‘Systematic and deliberate’ April 5, 2022 The former head of British military operations in Afghanistan has said images of dead civilians in Ukraine point to war crimes committed by Russian troops. Colonel Richard Kemp, a former member of the Joint Intelligence Committee, said there appears to have been a policy of systematically killing civilians to spread terror. Asked if video footage [...]
Eastern Ukraine holds its breath for fresh ‘large scale assault’ by Russian Army April 5, 2022 Ukrainian foreign affairs minister Dmytro Kuleba warned of a “large-scale” assault on the east and south of his country as Russian troops regroup, having been pushed back from the capital. He told reporters, during a joint press briefing with Ms Truss, that there had been “some hesitation” in the West about providing Ukraine with “all [...]
Zelensky says Bucha massacre is a ‘genocide’ as US moves to kick Russia off UN human rights body April 4, 2022 Ukraine’s president has called on the world to recognise Russia’s massacre in Bucha as a ‘genocide’. While visiting the city, just outside of Kyiv, President Zelenksy appeared in a bullet-proof vest and spoke about the alleged mass murder of civilians, revealed through gruesome images and videos shared online today. He said according to the Times: [...]
Market for nuclear weapons could near £100bn by 2030, fuelled by war in Ukraine April 4, 2022 The market for nuclear weapons could near £100bn in the next 10 years, as Russia’s war in Ukraine continues to push up military spending. The reported 72 per cent increase from 2020 levels would be a major spike from the estimated value of $73b (£55bn), two years ago. The Kremlin’s sabre-rattling, including putting its nuclear-ready [...]