Invasion of Ukraine: Asian stock markets plunge while oil jumps and all flights ordered to avoid airspace February 24, 2022 Asian stock markets plunged and oil prices surged after Russia’s President Vladimir Putin announced Russian military action in Ukraine. Market benchmarks in Tokyo and Seoul fell 2 per cent and Hong Kong and Sydney lost more than 3 per cent this morning while oil prices jumped nearly 3 dollars (£2.22) per barrel on unease about [...]
Ed Warner: Russia has taken us all for fools, especially spineless Thomas Bach February 24, 2022 Second in the table of overall medals won isn’t half bad for a nation denied a place at the Beijing 2022 Winter Olympics. Russia has taken us all for fools. You if you watched any of it. Me for doing just that. All the sporting politicians who allow Russian athletes to compete. The greatest fool [...]
Oil surges to $100 per barrel as Russia launches full-scale assault on Ukraine February 24, 2022 Oil prices have reached the $100 milestone for the first time since 2014, after Russia initiated a wide-scale attack on Ukraine today. Brent Crude has soared 5.30 per cent to $101.97, peaking earlier in the session at $102.35, while WTI Crude has boomed 5.07 per cent to $96.77. This follows prices seesawing between dips and [...]
Oil prices climb towards $100 as the West rolls out sanctions on Russia February 23, 2022 The escalating crisis on Ukraine’s eastern flank saw oil prices inch towards $100 a barrel for the first time in almost a decade yesterday.
Gas prices soar amid raised fears of supply shortages as Ukraine suffers cyber-attacks February 23, 2022 Gas prices have shot up 12 per cent on both major benchmarks, raising fears of further energy supply shortages and disruption.
MPs call for media watchdog to investigate Kremlin-controlled Russia Today TV February 23, 2022 Foreign Secretary Liz Truss said she thought the media regulator Ofcom would be looking at Russia's state-backed news channel Russia Today, which is broadcast in the UK.
Oil prices steady as supply fears ease February 23, 2022 Oil prices have stabilised after hitting seven year highs, with the West so far avoiding measures that could hit Russian oil and gas.
Johnson says UK preparing to ban Russia from issuing state bonds in London February 23, 2022 Boris Johnson has said he is preparing to ban Moscow from issuing sovereign bonds in the UK and bar Russian companies from raising money in the City of London if Vladimir Putin makes further military incursions in Ukraine. The Prime Minister today waved away calls that the UK’s set of sanctions yesterday in response to [...]
Analysis: Scholz’s orange light for Nord Stream 2 February 23, 2022 German Chancellor Olaf Scholz’s decision to suspend the approval process for Nord Stream 2 following Russia’s decision to instigate conflict in Ukraine was both an emphatic display of solidarity with the West, and also a canny political move, reflecting the savviness of Angela Merkel’s successor. The choice allowed him to present a united front with [...]
Foreign Secretary Liz Truss insists UK is ‘inflicting pain’ on Vladimir Putin and his friends February 23, 2022 Foreign Secretary Liz Truss has defended the UK’s “very serious package” of sanctions against Russia, arguing it will be effective in “inflicting pain” on Vladimir Putin. She also said the Government will ramp up punitive measures in the event of a “full-scale invasion” by Moscow. On the current set of sanctions, Ms Truss told Sky [...]