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 [...]
FBI raids £91m luxury yacht of Putin oligarch ally in Mallorca: ‘We are coming for your ill-begotten gains’ April 4, 2022 Spanish Civil Guard officers, together with agents from US intelligence agency FBI, are searching a yacht owned by an oligarch with close ties to the Russian president Vladimir Putin, Spanish media report. They descended on the vessel at the Marina Real in the port of Palma de Mallorca, the capital of Spain’s Balearic Islands, this [...]
Mass graves found: Russian Army denies civilian massacre despite ‘horror’ scenes in Ukrainian villages of Irpin and Bucha April 4, 2022 Russia is increasingly under fire as its army is accused of massacring civilians in several villages across Ukraine, with scenes akin to a “horror movie”. UK’s Prime Minister responded by saying he will this week seek to galvanise a tough response from allies to the crisis in Ukraine as reports of the latest massacre were [...]
Watch Zelensky tell Grammy Awards: ‘Our musicians wear body armour instead of tuxedos’ April 4, 2022 Ukraine’s president rallied for support at the prestigious Grammy Awards, telling guests to support his people “in any way you can” but “not silence”. The embattled leader, Volodymyr Zelensky, appeared in a pre-recorded message to the glittering music ceremony on Sunday night, as news of civilian casualties, and mass graves, was reported in the country. [...]