Investors suing Russia say Kremlin will use law firm’s exit to delay $57bn Yukos Oil proceedings April 3, 2022 Investors suing the Russian state have raised concerns their case will be delayed after the New York City law firm acting on behalf of Russia exited the country and cut its ties with the Kremlin. A consortium of investors said they fear Russia will use delays to avoid paying a $57bn (£43bn) claim, by arguing [...]
Russian Army pulls back as weekend fightback picks up: Ukrainian forces retake Kyiv suburbs despite fear of booby-traps April 2, 2022 Ukrainian forces are taking back suburbs and other areas surrounding capital Kyiv this weekend, and they have reportedly moved to retake territory north of the country’s capital amid fears that Russian forces might have set booby-traps before leaving. Ukrainian President Volodymyr Zelensky warned in his nightly video address hours earlier that departing Russian troops were [...]
Ukraine unmasks two generals as Moscow saboteurs while tired Putin is stuck in ‘Kremlin cage’ with Russian Army ‘exhausted’ April 1, 2022 Two Ukrainian generals have been unmasked as Russian saboteurs and stripped off their ranks with immediate effect, Ukraine’s President Volodymyr Zelensky told his nation under siege. In his daily video address to the nation, Zelensky said “today another decision was made on anti-heroes, gradually all of them will be punished.” “That is why Andriy Olehovych [...]
Clash between Japan and Russia looms as Tokyo steps up Kuril Island claims: ‘Russian Army is illegal occupier’ April 1, 2022 After several Japanese politicians recently stated the disputed Kuril Islands are part of Japan’s territory, Tokyo has now moved to officially declare that the entire Kuril Island chain is Japanese sovereign territory. In fact, Japan’s Ministry of Foreign Affairs has said the islands are illegally occupied by the Russian Army. Over the last few decades, [...]
Q&A: will the gold price surge continue? March 31, 2022 | City Talk James Luke explains the effect that Russian sanctions and Fed rate rises are having on gold, and what may lie ahead for the precious metal. Gold prices have been on an upward trend since mid-January, accelerating sharply upon Russia’s shocking invasion of Ukraine towards the end of February as investors flocked to perceived safe haven [...]
Ed Warner: Commonwealth Games should consider dropping restrictive colonial ties March 31, 2022 This week, Ed Warner argues that the Commonwealth Games must adapt if it’s to survive, ponders English cricket’s leadership vacuum and hopes Russia remains in exile. Depending on your media outlet of choice, Wills and Kate’s Caribbean sojourn was either a triumph of charming diplomacy or another nail in the coffin of empire – as [...]
London arm of Russia’s VTB on brink of collapse as sanctions bite March 30, 2022 The London arm of Russia’s VTB Bank is on the brink of insolvency proceedings after sanctions have curbed its ongoing operations. As reported by Mark Kleinman for Sky News, British banking regulators have called in advisers to help address Russia’s second-largest lender’s presence in the capital. Sources told Sky that the bank could fall into [...]
Russian promise to ‘drastically reduce hostilities’ may be bid to ‘deceive people and deflect attention’ March 30, 2022 Ukraine and the United States have cast major doubt on Russia’s reported promise to “drastically reduce hostilities”, with and secretary of state Antony Blinken warning it could be a bid to “deceive people and deflect attention”. Following “constructive” ceasefire negotiations held in Turkey between officials from the two warring sides, it has been reported that [...]
Decathlon suspends activities in Russia after boycott calls March 29, 2022 Decathlon’s French tycoon owners have suspended activities in Russia after criticism following the invasion of Ukraine. The Mulliez family, who own Decathlon alongside DIY retailer Leroy Merlin and food firm Auchan, has faced boycott calls this week. “In strict compliance with international sanctions, Decathlon notes that the supply conditions are no longer met to continue [...]
‘Cold welcome and no handshakes’: Russian and Ukrainian delegations meet for ceasefire talks in Turkey, attended by Abramovich and Erdogan March 29, 2022 There were “no handshakes” as Russian and Ukrainian officials met in Turkey for ceasefire talks, attended billionaire oligarch Roman Abramovich and president Erdoğan. Delegations for the two countries gathered in Istanbul, with Turkish leader Recep Tayyip Erdoğan pictured speaking to the Chelsea owner. A video also appeared online of the Russian businessman, who has alleged [...]