EU Commission adds 21 Russian airlines to banned list April 11, 2022 The European Commission announced today it has added a further 21 Russian airlines to the list of carriers prevented from operating in the bloc. According to the body, the carriers do not meet international safety standards as they are operating domestically without the valid documentation. “The Russian Federal Air Transport Agency has allowed Russian airlines [...]
Russian invasion to nearly halve size of Ukraine economy April 11, 2022 Russia’s brutal invasion of Ukraine is set to deal the country a seismic economic shock alongside triggering a humanitarian crisis, reveals official forecasts published today. The Ukrainian economy will shrink to nearly half the size it was last year as a result of the Kremlin’s war, with GDP dropping just over 45 per cent, according [...]
Palladium prices soar as London suspends Russian refiners April 11, 2022 Palladium prices have continued to climb today - closing in on $2,500 per ounce following a nine per cent spike last Friday.
Going green: Eden Project plots new base in Canary Wharf April 11, 2022 City workers in Canary Wharf could soon be treated to lush green public spaces on the doorstep of their offices.
Japan demands companies top up LNG to stave off supply shortages April 11, 2022 Japan has demanded domestic power companies top up liquefied natural gas (LNG) reserves and share energy resources.
UK warns Russia may use phosphorous bombs during assault on besieged city of Mariupol April 11, 2022 The UK has warned Russia may use phosphorous during its continued assault on the besieged city of Mariupol, based on its “prior use” while attacking the Donetsk. In an intelligence statement by the Ministry of Defence, it said previous usage of the chemical weapon “raises the possibility of their future employment”, as fighting over the [...]
Ineos chief Sir Jim Ratcliffe urges Kwasi Kwarteng to approve fracking test site April 11, 2022 Billionaire industrialist Sir Jim Ratcliffe has asked Business Secretary Kwasi Kwarteng for permission to drill a shale test site.
Full Russian energy embargo could stop war, says ex-Putin aide April 10, 2022 A full embargo on Russian energy exports by western countries could effectively end the invasion of Ukraine immediately, according to a former Vladimir Putin aide. Dr Andrei Illarionov said Putin “did not take seriously” the threats from the UK, EU and US to ban Russian oil and gas. European countries have vowed to end their reliance [...]
Russian economy plunged into turmoil by rampant inflation after exodus of household brands April 10, 2022 Russian consumers are being squeezed by the ripple economic effects of President Vladimir Putin’s brutal invasion of Ukraine. A host of western corporates pulling out of Moscow, a severe depreciation in the rouble and sharp supply and demand imbalances has sent inflation in the country soaring. Russian firms have been scrambling to secure supplies of [...]
Compartment No 6 continues a fine lineage of train-based romance movies April 10, 2022 If TikTok celeb Francis Bourgeois has taught us anything, it’s that trains can be exciting. Cinema shares that sentiment, with memorable classics including Brief Encounter and Strangers On A Train giving the everyday form of transport a sense of romance. Juho Kuosmanen’s drama Compartment No 6 may not have the same sweeping sentiment, but it [...]