Oil prices steady as supply fears ease February 23, 2022 Oil prices have stabilised after hitting seven year highs, with the West so far avoiding measures that could hit Russian oil and gas.
Foreign Secretary Liz Truss insists UK is ‘inflicting pain’ on Vladimir Putin and his friends February 23, 2022 Foreign Secretary Liz Truss has defended the UK’s “very serious package” of sanctions against Russia, arguing it will be effective in “inflicting pain” on Vladimir Putin. She also said the Government will ramp up punitive measures in the event of a “full-scale invasion” by Moscow. On the current set of sanctions, Ms Truss told Sky [...]
Named and shamed in ‘global game of chess’: The Russian banks and businessmen the UK has imposed sanctions on February 22, 2022 Five banks named by Boris Johnson earlier today only have a small footprint in the UK, although the largest one Promsvyazbank did have ambitions to float on the London Stock Exchange a decade ago. The sanctions imposed on the five banks and three Russian businessmen are unlikely to have a significant effect on British businesses [...]
EU to impose sanctions on Putin regime as Russian troops push into Ukraine February 22, 2022 The Irish foreign minister said this morning the time has come for the EU to impose sanctions on Russia. It comes after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine. A vaguely worded decree signed by Mr Putin did not say if troops were on the move, and it cast the [...]
Johanna Kyrklund: Putin and the Fed remind us what risk looks like February 22, 2022 | City Talk Ski holidays are not relaxing at the best of times, especially with children. There is the fretting about injuries – I am thankful when we finish each day unscathed. There is the infuriation of getting children into their clothes and ski boots each day. That’s not even to mention the pain of Heathrow passport control. [...]
No plans to move Champions League final from Russia, says Uefa February 22, 2022 European football chiefs Uefa say there are no plans to move the Champions League final from St Petersburg despite Russia invading Ukraine. The final of club football’s most prestigious competition is due to take place at the Gazprom Arena in the Russian city on 22 May. “Uefa is constantly and closely monitoring the situation,” the [...]
Markets roll over as Putin lays down the gauntlet: ‘Ball is now firmly in NATO’s court’ February 22, 2022 Reports of a possible summit between US President Biden, and Russian President Vladimir Putin saw European markets get off to a decent start to the week initially. Unfortunately, the early optimism didn’t last, and the France inspired initiative soon went the way of every previous initiative in trying to understand exactly what it is Russia [...]
Lufthansa suspends all fights to Ukraine amid invasion fears February 20, 2022 Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow. The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]
Gazprom’s European gas supplies drop to decade low amid fractured unity over sanctions February 20, 2022 Gazprom's European gas supplies has fallen to 10-year lows, while Germany and Italy fret over sanctions reducing their energy reserves.
‘Golden visas’ for wealthy foreign investors to be scrapped amid dirty Russian money concerns February 17, 2022 The government is expected to scrap so-called “golden visas” for wealthy foreign investors amid concerns over links between Russia and the UK. Those eligible for the tier one investor visa, launched in 2008, must have at least £2m in investment funds and have a UK bank account. It has been under review due to repeated [...]