Tory minister names and shames two more City law firms that worked for Russian oligarchs March 25, 2022 Cabinet minister James Cleverly has named two other law firms that sent legal letters to the Foreign Office seeking to challenge the government’s sanctions regime on behalf of “Russian or Russian-linked” clients. The Conservative MP said City of London law firms W Legal and Peters & Peters both sought to challenge the UK’s sanctions. In [...]
Wealth manager Blackrock confirms crypto plans as demand soars March 25, 2022 The world’s biggest asset manager Blackrock has confirmed plans to explore how crypto assets can be used to serve its clients.
Kyiv accuses Moscow of pushing 400,000 Ukrainians into forced labour March 25, 2022 Ukraine has accused Moscow of forcibly removing more than 400,000 people from destroyed Ukrainian cities to Russia, to be used as bargaining chips. Ukrainian ombudsperson Lyudmyla Denisova said that hundreds of thousands, including 84,000 children, may be used as “hostages” to pressure Kyiv to surrender. Reports emerged earlier in the week that the Russian army [...]
US and EU sign historic deal to supply Europe with gas – in bid to move away from Russian fuel March 25, 2022 The US and EU have announced a historic deal to supply to supply with Europe with 15bn cubic metres of liquefied natural gas (LNG) by the end of the year. The deal was announced today during US President Joe Biden’s visit to Brussels, on a mission to wean the continent off reliance on Russian fuel. [...]
Biden gives Putin final warning: Use chemical weapons and NATO will get involved March 25, 2022 US President Joe Biden and western allies have pledged new sanctions and humanitarian aid in response to Vladimir Putin’s assault on Ukraine, but their offers fell short of Ukrainian President Volodymyr Zelensky’s pleas. Biden also announced the US would welcome up to 100,000 Ukrainian refugees — though he said many probably prefer to stay closer [...]
World leaders are increasingly convinced Ukraine can beat the Russian Army March 25, 2022 Ukraine can “certainly win” against Russia, Prime Minister Boris Johnson has said, as he echoed statements by other world leaders present in Brussels for the NATO summit. Western allies strengthened their position against the Kremlin by pledging there would be a “very severe response” to any chemical attack launched by Moscow. Johnson said “the situation [...]
Russia is serious about accepting Bitcoin for oil and gas, says senior lawyer March 25, 2022 Russia is giving serious consideration to accepting Bitcoin in exchange for its gas and oil exports, a senior lawmaker has claimed.
G7 leaders call on OPEC to raise oil supplies March 25, 2022 The leaders of the G7 nations yesterday urged OPEC to boost oil production following Russia's invasion of Ukraine.
Boris Johnson makes U-turn as PM ‘totally agrees’ Brexit and Ukrainian war are not the same March 25, 2022 Prime Minister Boris Johnson has said he “totally agrees” that Brexit and the Ukrainian resistance to the Russian invasion are not the same. The Prime Minister has come under criticism for comments where he appeared to compare the UK voting to leave the EU, and the Ukrainian fight against Russia. Speaking at the Conservative Party [...]
‘Wall of worry’ knocks UK consumer confidence March 25, 2022 “A wall of worry” made up of a 30-year high inflation rate, the Russia-Ukraine war and looming tax hikes is plaguing UK households, reveals a closely watched survey released today. Brits’ optimism dropped five points to minus 31 this month marking the fourth month in a row consumer confidence has fallen, according to research firm [...]