Putin signs order confirming rouble requirement for gas payments March 31, 2022 European nations will have to pay for gas supplies from Russia in roubles, confirmed the country's President Vladimir Putin today.
UK expands sanctions to include Russian generals and media personalities March 31, 2022 The UK has hit a further 14 people with sanctions in response to Vladimir Putin’s invasion of Ukraine, with media personalities and a senior Russian general targeted. Foreign secretary Liz Truss said the latest tranche of sanctions were aimed at stopping the “torrent of lies” and propaganda coming from the Kremlin about the invasion. Rossiya [...]
Putin facing Russian military rebellion over Ukraine invasion, says spy chief March 31, 2022 Vladimir Putin is facing a growing military rebellion over his invasion of Ukraine and is being lied to by his advisers about the faltering war, according to a UK spy chief. Sir Jeremy Fleming, the director of Government Communications Headquarters (GCHQ), said this morning that the Russian President had “massively misjudged” the strength of his army [...]
Oil prices plunge as US weighs up release of strategic reserves March 31, 2022 Oil prices fell heavily this morning, following reports the US is considering the release of up to 180m barrels.
Stellantis to close Russian van plant as supply chain issues bite March 31, 2022 Automotive giant Stellantis said today it will be forced to close its Russian van plant following a shortage of parts. Operating only for the local market, the facility is situated in the western city of Kaluga and was run in partnership with Mitsubish. The world’s fourth-largest car maker didn’t specify whether it would write down [...]
Japan will keep hold of Russian LNG stake March 31, 2022 Japan will not abandon its stake in the Sakhalin-2 LNG project in Russia, which the prime minister argued is key for energy security.
Germany assured it will not have to pay for gas in roubles March 31, 2022 Germany will still to pay for Russian gas in euros or dollars, confirmed its government yesterday, despite Putin's push for rouble payments.
Explainer-in-brief: Cutting company ties with Russia is a balancing act March 31, 2022 Leroy Merlin and Bayer are two of the companies that haven’t pulled out of Russia yet. When giants like BP and Shell terminated operations in the country they were praised, and rightfully so. Companies that haven’t left face boycott calls. Sanctions are seen as a way to push the Kremlin in a corner, ultimately making [...]
Q&A: will the gold price surge continue? March 31, 2022 James Luke explains the effect that Russian sanctions and Fed rate rises are having on gold, and what may lie ahead for the precious metal. Gold prices have been on an upward trend since mid-January, accelerating sharply upon Russia’s shocking invasion of Ukraine towards the end of February as investors flocked to perceived safe haven [...]
Ed Warner: Commonwealth Games should consider dropping restrictive colonial ties March 31, 2022 This week, Ed Warner argues that the Commonwealth Games must adapt if it’s to survive, ponders English cricket’s leadership vacuum and hopes Russia remains in exile. Depending on your media outlet of choice, Wills and Kate’s Caribbean sojourn was either a triumph of charming diplomacy or another nail in the coffin of empire – as [...]