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  • Truce or a trap? Putin calls ‘Christmas Truce’ in Ukraine War

    January 5, 2023

    Vladimir Putin has ordered a so-called Christmas Truce in the war on Ukraine for the Orthodox Christmas period – but Ukrainian officials fear a trap. The head of the Russian Orthodox Church, a Vladimir Putin ally, had called for both sides of the war in Ukraine to observe a Christmas truce. Many Orthodox Christians, including [...]

  • Under-pressure Putin to Ukraine: Give up territory before I’ll join negotiations

    January 5, 2023

    President Vladimir Putin told Turkey’s Tayyip Erdogan on Thursday that Russia was open to dialogue over Ukraine but that Kyiv would have to accept the loss of territories claimed by Russia, the Kremlin said. “Vladimir Putin reaffirmed Russia’s openness to a serious dialogue, provided that the Kiev authorities fulfill the well–known and repeatedly voiced requirements [...]

  • Russia pins blame for Ukraine deaths on soldiers using mobile phones – as some call for Putin to launch further mobilisation

    January 4, 2023

    Russia has blamed the illegal use of mobiles for its latest setback in the Ukraine War, with anger directed away from Vladimir Putin

  • The Yanks are coming: Weak sterling sees Americans pile into London property

    January 3, 2023

    The fall in the value of the pound in 2022 saw a host of wealthy American buyers pick up high-end London property on the cheap, according to a new report. In so-called ‘prime central London,’ some 50 per cent of property transactions over £15m completed in 2022 involved American buyers according to analysis by real [...]

  • Oil holds firm from December rally as Putin ramps up pressure on the West

    January 3, 2023

    Oil prices are holding firm this morning, seemingly consolidating last week's rally which saw both benchmarks trading at a month high.

  • Barracks blast leaves 63 Russians dead as pressure on Putin grows over war in Ukraine

    January 3, 2023

    A blast which killed 63 Russians in a temporary barracks has once again ignited anger at home – with nationalist bloggers putting pressure on Kremlin top brass and Vladimir Putin Russia acknowledged on Monday that scores of its troops were killed in one of the Ukraine war’s deadliest strikes, drawing demands from Russian nationalist bloggers [...]

  • Amid a recession and a cost of living crisis, there are still reasons to be cheerful on the economy

    January 3, 2023

    A recession and a cost of living crisis will dominate the headlines, but it's not all bad news for the UK economy, writes City A.M. economics correspondent Jack Barnett

  • Ukraine says 63 Russian soldiers were killed in strike on military base

    January 2, 2023

    Some 63 Russian soldiers have been killed by a Ukrainian strike on a military facility in the eastern Donetsk region. Ukrainian forces fired six rockets from a HIMARS launch system and two of them were shot down, a Russian defence ministry statement said. The strike, using a US-supplied precision weapon that has proven critical in [...]

  • Ukraine shoots down wave of Moscow’s Iranian-made exploding Kamikaze drones

    January 2, 2023

    Russia has deployed exploding drones in another night-time attack on Ukraine, officials said, as the Kremlin pressed its strategy of targeting civilian infrastructure to wear down resistance to its invasion. The barrage was the latest in a series of relentless year-end attacks, including one that killed three civilians on New Year’s Eve. According to the [...]

  • Britain launches £75m nuclear fuel fund in renewed bid to wean UK off Russian energy

    January 2, 2023

    The UK will continue to wean itself off dependence on Russian energy by ramping up nuclear fuel investment by £75m a year. Minister of State for Energy and Climate Graham Stuart announced the increase as the Kremlin’s war against Kyiv moves into 2023, and Europe looks to further isolate Moscow. The government will back nuclear [...]

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