Russian opposition leader Alexei Navalny urges Italy to seize Putin’s £500m superyacht March 22, 2022 Russia’s jailed opposition leader’s team has urged Italy to seize a £500m superyacht reportedly owned by Vladimir Putin. Alexei Navalny’s anti-corruption unit called on the country to take the vessel, called Scheherazade, which according to the Telegraph is staffed by the Russian Federal Security Service (FSO). Dubbed the world’s most expensive yacht, its owner has [...]
Russian elite planning Putin coup as Western sanctions cripple the country March 22, 2022 Russian elite are plotting to poison Vladimir Putin, Ukrainian intelligence officials have claimed.
West believes Russia may be planning chemical attacks in Ukraine as ‘Putin’s back is against the wall’ March 22, 2022 Vladimir Putin’s “back is against the wall” and he may be preparing to use chemical or biological weapons in Ukraine, US President President Joe Biden has warned. Speaking to American business leaders in Washington DC, Biden said: “Putin’s back is against the wall. He wasn’t anticipating the extent or the strength of our unity. And [...]
S&P Global withdraws all ratings on Russian entities as US giant shuts down operations in Moscow March 22, 2022 US credit rating giant S&P Global Ratings said earlier this morning it will suspend all of its commercial operations in Russia. The company said that following the sanctions announced by the EU on March 15, which included a ban on providing credit ratings to legal persons, entities, or bodies established in Russia, it decided to [...]
Norwegian drilling champion Longboat Energy buffered by ‘material discovery’ and Russian oil and gas departure March 22, 2022 Emerging North Sea-focused E&P business Longboat Energy reported slow but steady growth this morning, as it remains fully-funded to complete its ongoing committed drilling programme.
UK markets: ‘Penny is dropping’ there will be no immediate ceasefire in Ukraine while focus shifts to Sunak’s ‘double whammy’ March 22, 2022 European markets underwent a subdued start to the week yesterday, with the FTSE100 outperforming on the back of another day of advances for crude oil prices, pushing the index to close at its highest level since 28 February. “The main reason for the move higher in oil prices was reports that the EU was considering [...]
A ‘policy light’ spending review must still grapple with cost of living woes March 22, 2022 Chancellor Rishi Sunak wants onlookers to pay little attention to Wednesday’s spring statement. Policy-light has been the line from the Treasury. Very few have been tempted into believing the Chancellor will sit on his hands and Sunak’s announcements tomorrow are set to finally reveal his true preference for the level of state intervention in the [...]
Russia accused of ‘real act of genocide’ in Ukraine as troops fire on protesters March 21, 2022 Vladimir Putin was accused of committing a “real act of genocide” in Ukraine today as Russian troops fired on peaceful protesters and reports swirled of forced deportations from the port city of Mariupol. Ukrainian defence minister Oleksii Reznikov said during a trip to London that some cities had been “wiped off the face of the [...]
Commodities rally boosts London’s FTSE 100 March 21, 2022 A rally among commodity prices sent industrial giants soaring in the City yesterday, lifting London’s bucket of top stocks. The capital’s premier FTSE 100 index notched up 0.51 per cent to 7,442.39 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.71 per cent to [...]
Renault restarts production in Moscow, backed by main shareholder, the French government March 21, 2022 The French government has backed carmaker Renault’s decision to resume manufacturing at its Moscow plants. The company had suspended production last month due to logistical issues relating to the war in Ukraine. The move was made on Vladimir Putin’s order, according to The Guardian. Renault, which the French government is the main shareholder of, has [...]