Russia to resume flights with 52 ‘friendly’ countries April 4, 2022 Russia is set to resume flights with 52 “friendly countries,” according to Moscow news agency TASS. The Kremlin said today it would end its ban – imposed as a retaliation against the West – and would resume routes to and from countries such as Argentina and South Africa. The decision comes after the Russian Government announced [...]
Gold holds up amid looming fears of recession April 4, 2022 Gold prices have stabilised as fears of a recession mount, with continued geopolitical tensions and the growing expectations of an interest rate hike.
Crypto the ‘new front line’ for scammers, says Bank of England governor April 4, 2022 The Bank of England's governor has issued a warning about a rising tide of fraudsters using crypto scams to dupe people out of their savings.
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 [...]
JP Morgan to book £762m loss on Russian assets April 4, 2022 Wall Street giant JP Morgan may lose as much as $1bn (£762m) on its exposure to Russia, its chief Jamie Dimon warned today in his annual letter to shareholders. The investment banking titan has been part of a concerted effort by the West’s biggest corporates to ditch Russian assets and pull out of the country [...]
Macron accused of ‘negotiating with Hitler’ by Poland’s PM after talks with Putin April 4, 2022 French President Emmanuel Macron has been accused of “negotiating with Hitler” by Poland, after holding a series of 17 talks with Vladimir Putin since December last year. Polish Prime Minister Mateusz Morawiecki hit out at the French leader for engaging with the Kremlin amid international efforts to isolate Moscow while it wages war in Ukraine. [...]
ExxonMobil suspends Russian LNG project April 4, 2022 ExxonMobil (Exxon) has suspended its Far East liquefied natural gas project (LNG) in Russia - putting the development into doubt.
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 [...]
More goods could be included in rouble-for-gas scheme warns Kremlin April 4, 2022 More goods could be included in Russia's rouble payment scheme for natural gas, according to Kremlin spokesperson Dmitry Peskov.
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 [...]