Zelensky ‘glad we haven’t lost a very important ally’ for Ukraine after Johnson wins confidence vote June 7, 2022 Ukraine’s president Vlodymyr Zelensky has breathed a sign of relief that Boris Johnson won a confidence vote last night, saying he’s “glad we haven’t lost a very important ally.” His praise comes after Boris Johnson narrowly escaped being removed as leader with a slimmer margin of the vote then his predecessor Theresa May had in [...]
No looting, Putin? Ukrainian woman spots her own belongings loaded on a Russian tank June 7, 2022 A Ukrainian woman from Popasna says she spotted her belongings loaded on a Russian tank in a photo taken by Reuters. Watch the full video report.
Allianz to take €400m hit after selling majority stake in Russian business June 7, 2022 Allianz has said it will take a €400m hit on its Russia operations, after agreeing to sell a majority stake in the business to the London registered company that owns one of Russia’s major insurance companies. The German insurer has agreed to sell a 50.1 per cent stake in its Russian business to London registered [...]
Oil prices could take seven years to calm down, warn industry experts June 7, 2022 Oil prices could take seven years to return to normal levels, warned energy analysts, reducing the prospect of the windfall tax being lifted early.
US issues seizure warrant for two planes ‘owned and controlled by Roman Abramovich’ worth £320m June 7, 2022 The United States has issued a warrant for the seizure of two jets owned by Roman Abramovich worth £320m ($400m). The ex-Chelsea owner’s $350m Boeing and $60m Gulfstream are now “subject to seizure and forfeiture” owing to violations of export controls set up by Joe Biden, to put pressure on Russia. Both planes were flown [...]
Oil markets volatile as Saudi Arabia hikes crude prices June 7, 2022 Oil prices continued to hover around the $120 milestone, after Saudi Arabia raised its July crude prices amid tightening supplies.
Struggling British chip shops beg Norway for more fish as prices are out of control due to Ukraine war June 6, 2022 British chip shops faced with surging costs plan to turn to Scandinavia and Norway in particular for help to keep prices “as under control as possible”. Chippies are battling rising energy bills along with increased costs of cooking oil, potatoes and fish due to Russia’s invasion of Ukraine. The president of the National Federation of [...]
Russian Army bombs Kyiv as Putin issues final warning to Ukraine over US weapons while Lavrov struggles to fly June 6, 2022 Russia issued another firm warning over the use of Western military supplies by Ukraine while it launched fresh strikes on Kyiv as Vladimir Putin stated that any Western deliveries of longer-range rocket systems would prompt Moscow to hit “objects that we haven’t yet struck”. The Russian leader’s threat of military escalation did not specify what [...]
Germany faces €5bn bill after Russia sanctions Gazprom division June 6, 2022 Russian sanctions against Gazprom Germania could cost Germany an extra €5bn a year to pay for replacement gas supplies.
Energy bills to close in on £3,000 per year this winter June 5, 2022 Energy bills could spike to nearly £3,000 per year in the depths of winter, when energy demand will be at its highest, warned Cornwall Insight.