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  • US lessor Air Lease says 21 jets stranded in Russia

    April 12, 2022

    US leasing company Air Lease Corp said today 21 of its jets were still stranded in Russia after the company terminated all contracts with the sanction-hit country. Air Lease did not reply when asked about how it could get its aircraft back, but it is believed it could claim insurance following the Kremlin’s decision to [...]

  • Moscow plots retaliation following EU blacklisting of 21 Russian airlines

    April 12, 2022

    Moscow’s aviation regulator said it was planning countermeasures after the EU Commission banned 21 Russian airlines from operating. The Rosaviatsia said Brussels’ decision attested to a “policy of discrimination and violation  of international aviation law,” which is expected to bring about “response measures” from Moscow’s side. The EU Commission announced yesterday it had added a [...]

  • OPEC warns of global supply shock if EU sanctions Russian oil

    April 12, 2022

    OPEC has warned the European Union sanctions on Russian fossil fuels could create one of the worst global oil supply shocks in history.

  • How long can Russia withstand the sanctions?

    April 12, 2022

    In response to its invasion of Ukraine, Russia has been targeted with severe economic sanctions. How impactful will they be? We have yet to see a serious, data-driven analysis. Some predict the embargo will initiate a Russian financial collapse very quickly, while others expect it will constitute more of a long and slow drag on [...]

  • Ukraine in shock as corpses are ‘carpeted through Mariupol’ after Russian Army kills 10,000 while fears for chemical weapon grow

    April 12, 2022

    As Russian troops killed more than 10,000 civilians over the past six weeks in their unsuccessful fight to capture the strategic southern port of Mariupol, the city’s major said this morning that corpses are now “carpeted through the streets” of the regional hub. He spoke as western powers warned Tuesday of a continuing build-up for [...]

  • Bristol e-scooter scheme may be shelved over firm’s Russian investors

    April 12, 2022

    An e-scooter scheme in Bristol may be pulled because the company that operates it has investors with “dubious” ties to Russia. The West of England mayor Dan Norris met the chief executive of £1bn-valued Swedish firm Voi Technology this week, as he vowed to ensure the region is “not linked” with Moscow. Norris said “Voi [...]

  • Nokia exits Russian market following Ericsson’s lead

    April 12, 2022

    Nokia has announced it will be going one step further than its rival Ericsson and will fully pull out of the Russian market.

  • Shell restarts LNG shipments from giant floating gas site

    April 12, 2022

    Shell has restarted shipments of liquefied natural gas (LNG) from Prelude, its massive floating plant off the coast of Western Australia.

  • Macron and Le Pen rematch over France’s global voice: in the choir or a monologue

    April 12, 2022

    As Emmanuel Macron and Marine Le Pen prepare to face off in the final round of France’s presidential election, most French voters (like voters anywhere) will probably be thinking more about their own economic situation than events in other countries. Russia’s invasion of Ukraine may still be in the headlines, but after a month it [...]

  • Revealed: Coinbase takes top spot in crypto exchange rankings

    April 11, 2022

    Crypto exchange Coinbase has been crowned as the lowest risk marketplace for trading digital assets by research firm Cryptocompare.

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