Kremlin ‘power grab’ in full swing as controversial Wagner Group boss pushes Putin to boot defence chief Shoigu November 22, 2022 An internal coup inside the Kremlin is reportedly in full swing as the chief of the controversial Wagner mercenary group is putting Russian president Putin increasingly under pressure to sack his Defence minister, Sergie Shoigu. Yevgeny Prigozhin, who heads the Wagner Group, also dubbed Putin’s private army which primarily consists of mercenaries, is reportedly increasingly [...]
Kyiv plunged into freezing darkness as the Kremlin targets power supplies November 22, 2022 Ukraine’s capital Kyiv has been plunged into freezing darkness as Russia continues to target its power supplies. President Volodomyr Zelensky spoke to his country last night branding the damage as having been done by “terrorists” from the Kremlin. The war, which began in February, is entering a new phase following Russian retreat from parts of Kherson. [...]
Rishi Sunak meets President Zelensky in first Ukraine visit November 19, 2022 Rishi Sunak has met with Ukraine’s President Volodymyr Zelensky in his first visit to Kyiv since becoming Prime Minister. “We discussed the most important issues both for our countries and for global security,” Mr Zelensky wrote on Telegram following the meeting earlier today. “We are stronger and we will achieve the desired results,” he added. [...]
Lloyd’s of London to face £735m court battle over Dubai owned aircraft seized by Russia November 18, 2022 Lloyd’s of London is being sued for $875m (£735m) over its failure to pay out on a multi-million-dollar insurance claim filed over the Russian state’s decision to seize hundreds of planes this March. Airplane leaser Dubai Aerospace Enterprises Ltd (DAE) has filed a High Court claim against Lloyd’s seeking more than $875m from the insurer, [...]
Zurich sets out more ambitious financial goals after posting highest profits since 2008 November 16, 2022 Zurich Insurance today vowed to “build a clear leadership position in the insurance industry” in pledging to pursue more ambitious financial targets over the next three years. The Swiss insurer said it is now aiming to grow its annual earnings per share at a rate of eight per cent each year over the period 2023-25. [...]
Russian missiles kill two people in Poland – reports November 15, 2022 Russian missiles are feared to have crossed into NATO member Poland, killing two people on Tuesday night, after reports from a senior US intelligence official. Missiles reportedly hit a farm in Przewodów, Lublin, a village near the border with Ukraine, according to Polish media. It was also reported that the missile was “most likely the [...]
Russia launches ‘massive raid’ on Ukraine with 100 missiles hitting cities and cutting off power November 15, 2022 Ukraine has come under a renewed wave of missile attacks from Russia with at least 100 hitting the capital Kyiv after its president addressed the G20. Kyiv, Lviv and Rivne were among western cities targeted by the Kremlin today, in addition to multiple cities in the east and south. Parts of the west were impacted [...]
Frozen Russian assets should act as ‘wake up call’ for UK government, campaigners say November 10, 2022 The billions in Russian assets frozen by UK authorities since the start of the war in Ukraine should act as a “wake up call” to the British government, to ensure it never allows a “kleptocratic regime” access to the country’s economy again, campaigners have said. The record £18.39bn in assets frozen by the UK’s [...]
Former Chelsea owner Roman Abramovich to receive apology from Jersey Police over ‘illegal’ searches November 10, 2022 Roman Abramovich will receive an apology over illegal searches conducted by a Jersey police force, it has been revealed. A court order seen by City A.M. said the force on the Channel Island of Jersey acted illegally when conducting searches at properties reportedly connected to the billionaire in April 2022. The Russian-born Israeli oligarch was [...]
Cypriot PwC partners set up new firm to continue working with Russian clients November 8, 2022 Three ex-partners from PwC’s Cyprus office have left the Big Four accountancy firm to set up a new rival practice in order to continue working with Russian clients. The launch of KiteServe comes after the three ex-PwC partners took early retirement from the Big Four firm in June, after its sanctions policy blocked them [...]