World leaders are increasingly convinced Ukraine can beat the Russian Army March 25, 2022 Ukraine can “certainly win” against Russia, Prime Minister Boris Johnson has said, as he echoed statements by other world leaders present in Brussels for the NATO summit. Western allies strengthened their position against the Kremlin by pledging there would be a “very severe response” to any chemical attack launched by Moscow. Johnson said “the situation [...]
G7 leaders call on OPEC to raise oil supplies March 25, 2022 The leaders of the G7 nations yesterday urged OPEC to boost oil production following Russia's invasion of Ukraine.
Boris Johnson makes U-turn as PM ‘totally agrees’ Brexit and Ukrainian war are not the same March 25, 2022 Prime Minister Boris Johnson has said he “totally agrees” that Brexit and the Ukrainian resistance to the Russian invasion are not the same. The Prime Minister has come under criticism for comments where he appeared to compare the UK voting to leave the EU, and the Ukrainian fight against Russia. Speaking at the Conservative Party [...]
What impact is “greenflation” having on commodities? March 24, 2022 Under-investment in the supply of commodities across energy, metals and agriculture, as a result of policies to mitigate climate change, is limiting supply growth and driving prices higher. Commodities outperformed bonds and equities for the first time in almost a decade in 2021. Even before the Russian invasion of Ukraine, these trends looked set to [...]
Energy suppliers raise concerns over Putin’s push for rouble payments March 24, 2022 Suppliers questions the viability of Russian President Vladimir Putin's call for gas payments to be made in roubles.
PM Boris Johnson dents UK and Ireland bid by suggesting Ukraine should host Euro 2028 March 24, 2022 Prime Minister Boris Johnson has appeared to undermine the UK and Ireland’s bid for Euro 2028 by suggesting Ukraine be named hosts. Johnson also joined a chorus of criticism of Russia, who only declared their interest in staging the championship hours before the deadline on Wednesday. “The idea of Russia holding any football tournament or [...]
US reaches deal with EU to boost LNG supplies March 24, 2022 The US is expected to supply the EU with 15bn cubic metres of liquefied natural gas by the end of the year to reduce dependence on Russia.
Moscow Stock Exchange reopens for first time in nearly a month March 24, 2022 The Moscow Stock Exchange partially reopened today after trading in shares was frozen for more than three weeks as authorities tried to avoid a collapse in Russian equity prices. Shares actually rose after trading resumed, with Moscow’s benchmark index closing up over four per cent. The index is still down around 30 per cent over [...]
Watch the dramatic moment a Russian ship goes up in flames after a Ukrainian strike March 24, 2022 Dramatic footage has been shared on social media reportedly showing the moment a Russian landing ship burst into flames. Ukraine’s navy shared a short clip on Twitter showing the vessel after being hit by the Kyiv’s forces in the port city of Berdyansk. The ship, called the Orsk, was according to the Telegraph an Alligator-class [...]
PM urges West to sanction Russian gold reserves as NATO warns of chemical weapons use March 24, 2022 Prime minister Boris Johnson has urged the West to press sanctions on Russia’s gold reserves, as NATO warns that the Kremlin-controlled state may be trying to create a climate for chemical weapons use. Johnson doubled down on his stance that the country had already “crossed a red line” during its unprovoked invasion of Ukraine, again [...]