FTSE 100 live: London markets set for lacklustre opening as lingering Middle East woes offer little relief
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 [...]
UK slaps asset freezes and travel bans on the daughters of Putin and Lavrov to finish off their ‘lavish lifestyles’ April 8, 2022 The UK is sanctioning Vladimir Putin’s daughters Katerina Vladimirovna Tikhonova and Maria Vladimirovna Vorontsova under measures to target the “lavish lifestyles” of the Russian President’s inner circle, the Foreign Office has said. The Foreign Office was also targeting the daughters of Russian foreign minister Sergei Lavrov with travel bans and asset freezes. A statement said: [...]
War enters new phase: Nato agrees to arm Ukraine to the teeth with heavier weapons as Putin ‘has changed his tactics’ April 8, 2022 As Nato foreign ministers met in the Belgian capital of Brussels to hear the demands from Ukraine for more equipment, they agreed to arm Kyiv to the teeth with much more modern weapons. Nato allies have agreed to supply “new and heavier” weapons to Ukraine as Kyiv warned it needs immediate reinforcement in its struggle [...]
British embassy guard facing nine charges of spying for Russia under official secrets act April 7, 2022 A British man who was an embassy guard in Germany is facing nine charges under the Official Secrets Act, accused of spying for Russia. David Ballantyne was extradited from Germany, where he was living in Potsdam and working as a security guard. The 57-year-old will appear at Westminster Magistrates Court today, over alleged offences committed [...]
Days after comparison to ‘negotiating with Hitler’, Macron’s dialogue with Putin is ‘splitting Nato’ April 7, 2022 Days after Poland accused France’s president of “negotiating with Hitler” by speaking to Vladimir Putin, France has now been accused of “splitting Nato” with its continued attempts to talk with Russia. Its president Emmanuelle Macron has been keeping an open dialogue with Moscow’s leader, along with Germany. Putin has been accused of war crimes, a [...]
Nikita Mazepin: I lost my seat in Formula 1 because of ‘cancel culture against Russia’ April 7, 2022 Russian motor racing driver Nikita Mazepin says he is a victim of “cancel culture” following his sacking by Formula 1 team Haas. Mazepin lost his seat at the US outfit on the eve of the 2022 season when Haas cut all ties with Russia in the wake of its invasion of Ukraine. Haas’s main sponsor [...]
Global community unites as 50 former heads of state and prime ministers agree Putin has to be prosecuted in war crime tribunal April 6, 2022 An international tribunal to try Vladimir Putin over the war in Ukraine is supported by more than 50 former heads of state and former prime ministers from across the world. A petition supporting the move has topped 1.5 million, it was revealed this morning. Former UK prime minister Gordon Brown, one of those calling for [...]
Roman Abramovich denies ‘false’ claims he asked US friends for millions in loans April 6, 2022 Sanctioned Oligarch Roman Abramovich has categorically denied he asked American friends for millions in loans to ensure he can pay staff on his payroll. The Chelsea owner and alleged confidante of Russian president Vladimir Putin, exclusively told City AM claims published originally by Page 6 were “false.” A spokesperson for Roman Abramovich said he “has [...]
Kremlin furious as Russian Army suffers ‘significant losses’ after bombing own unit, mistaken regiment for Ukrainian troops April 6, 2022 The Russian Airforce bombed several of its own troops in recent days, confusing the location of its own military unit with Ukrainian armed forces. The Russian Army mistakenly fired a missile on its own 38th motorized rifle brigade, known as military unit 21720, according to various media reports in Eastern Europe, including a Facebook post [...]
EU considers offering asylum to Russian soldiers if they desert Ukraine amid claims Kremlin is using hunger as a weapon April 6, 2022 European Council president Charles Michel said EU countries should think about ways to offer asylum to Russian soldiers willing to desert Ukraine battlefields. During an address to the the European Parliament, Michel expressed his “outrage at crimes against humanity, against innocent civilians in Bucha and in many other cities”, and called on Russian soldiers to [...]