Aircraft lessors see ‘horrendous’ hike in insurance costs April 7, 2022 Lessors are already seeing a “horrendous” hike in insurance costs as the Kremlin’s retaliation against Western sanctions start to bite, said BOC Aviation’s boss Robert Martin. “Because there are going to be huge claims on these insurances this year for confiscation or theft if the aircraft aren’t given back, this will then have a knock [...]
Sunak reportedly vetoed plan to give households extra £300 to help with energy bils April 7, 2022 Rishi Sunak reportedly vetoed a plan by civil servants to give households an extra £300 rebate in the government’s new energy strategy to help with the surging cost of bills. The Department for Business, Energy and Industrial Strategy (Beis), who released the new strategy today, drew up plans to increase this year’s energy rebate from [...]
Days after comparison to ‘negotiating with Hitler’, Macron’s dialogue with Putin is ‘splitting Nato’ April 7, 2022 Days after Poland accused France’s president of “negotiating with Hitler” by speaking to Vladimir Putin, France has now been accused of “splitting Nato” with its continued attempts to talk with Russia. Its president Emmanuelle Macron has been keeping an open dialogue with Moscow’s leader, along with Germany. Putin has been accused of war crimes, a [...]
EU to delay coal ban amid pressure from Germany April 7, 2022 The EU will ban Russian coal a month later than planned amid pressure from Germany to delay the restrictions.
Crypto and other financial markets drop as further economic sanctions kick in April 7, 2022 After struggling with resistance above $47,500 for the last week, the price of Bitcoin has dropped four per cent this morning.
Boris Johnson exploits anti-Russia sentiment to put blame for rising energy bills solely on Moscow April 7, 2022 Prime Minister Boris Johnson said rising energy bills “absolutely soared” after Vladimir Putin’s invasion of Ukraine. “We just can’t carry on like this,” he said in a social media video promoting his new energy strategy. The plan has been criticised for not saying enough about tackling high bills now, instead focusing on longer-term shifts in [...]
Nikita Mazepin: I lost my seat in Formula 1 because of ‘cancel culture against Russia’ April 7, 2022 Russian motor racing driver Nikita Mazepin says he is a victim of “cancel culture” following his sacking by Formula 1 team Haas. Mazepin lost his seat at the US outfit on the eve of the 2022 season when Haas cut all ties with Russia in the wake of its invasion of Ukraine. Haas’s main sponsor [...]
Shell to weather up to $5bn hit from Russia write downs April 7, 2022 Energy giant Shell said it could weather a $5bn hit in the first quarter after its decision to cut ties with Russia following its invasion of Ukraine.
Energy strategy will not resolve cost of living crisis April 7, 2022 A new dawn for the UK’s energy sector will be unveiled today, when the Prime Minister finally announces the country’s energy strategy.
Putin’s invasion of Ukraine is a war against old and new and tanks versus TikToks April 7, 2022 Three decades ago, the white, blue and red Russian flag was raised in Moscow, signaling the end of the Soviet Union. Right around that time, the English computer scientist Tim Berners-Lee invented the World Wide Web and introduced the first website. Today, we can see the impact of the end of the USSR on the [...]