Putin in rare apology over Russian foreign minister Sergei Lavrov’s claim Hitler had ‘Jewish blood’ May 6, 2022 Russia’s president has issued a rare apology after backtracking on his foreign minister’s claim that Adolf Hitler had “Jewish blood”. In a phone call to Israel’s prime minister Naftali Bennett, the Kremlin’s leader said sorry after fury was sparked earlier in the week. Bennett had condemned the “lies” by Russia’s Sergey Lavrov, while foreign minister [...]
All eyes on £598m superyacht reportedly owned by Putin which moves out of Italian port May 6, 2022 A $700m (£598m) superyacht reportedly owned by Russian president Vladimir Putin may be on the move from an Italian port for the first time in months. There was reportedly a flurry of activity this week on board the Scheherazade, a 450ft vessel which was docked in Marina di Carrara, Tuscany. According to the Telegraph, locals [...]
Explainer-in-brief: Why won’t Germany just go nuclear? May 6, 2022 Germany pushes ahead with plans to decommission all nuclear plants
Chelsea owner Roman Abramovich: ‘Intentions of giving sale proceeds to charity have not changed’ May 5, 2022 Chelsea’s sanctioned owner Roman Abramovich has insisted his “intentions in relation to gifting the proceeds” to charity “have not changed.” The Russian-Israeli Billionaire said on Thursday, his team have “identified senior representatives from UN bodies and large global charitable organizations” who will form a foundation to distribute the funds. This comes after what the statement [...]
Ben Wallace: Russian military leaders ‘turning in on themselves’ over the ‘disaster’ war May 5, 2022 Defence secretary Ben Wallace has claimed Russian military leaders are “turning in on themselves” out of fear of being purged by Putin. The minister made his comments while visiting Final, saying the Kremlin’s top brass are playing the blame game over the “disaster” war. He claimed generals are worried about being scapegoated for the invasion’s [...]
OPEC+ maintains modest hike in oil production as EU weighs up Russian import ban May 5, 2022 OPEC+ has agreed a modest increase in its oil production targets next month, following a meeting earlier today.
Germany turns to floating gas units to cut down dependence on Russian imports May 5, 2022 Germany has rented four floating storage and regasification units as it aims to reduce its reliance on piped natural supplies from Russia.
Fund flows show sign of rebound after March exodus May 5, 2022 Fund flows showed signs of recovery in April after outflows surged for a third consecutive month in March in the face of tightening monetary policy and war in Ukraine.
Japan to sign historic defence pact with UK as PM Kishida woos London business leaders May 5, 2022 A new defence pact in the Pacific and post-Brexit trade are high on the agenda, as Japan’s prime minister meets his UK counterpart today. Fumio Kishida and Boris Johnson are set to sign off on an agreement which allows British and Japanese forces to deploy together, against the backdrop of war in Ukraine. The deal [...]
UK retail investors hold their nerve despite rising inflation, commodities and Ukraine war raging on May 5, 2022 UK retail investors have remained composed in the face of the Russia-Ukraine conflict, despite significant concerns about future implications of the crisis on the financial markets, international relations, and the environment. Only 14 per cent of investors monitor the conflict between Russia and Ukraine when thinking about their investment strategy. The same number said they [...]