Oil round up: G7 stops short of unveiling mooted oil price cap while OPEC revels in rising revenues June 28, 2022 The G7 has stopped short of banning the transport of Russian oil above a certain price, and will instead just explore the option.
Russia defaults on international debts after being cut out of financial system by Western sanctions June 28, 2022 Russia yesterday defaulted on its international debts for the first time since the Bolshevik revolution after being unable to pay its creditors due to the impacts of Western sanctions. Ratings agency Moody’s yesterday said Russia’s failure to make payments on two Eurobonds worth $100m officially constitutes a default after its extended deadline to make the [...]
‘War crime’: NATO to up troop numbers as shopping mall blaze branded ‘one of most brazen terror attacks in European history’ June 28, 2022 NATO is set to increase troop numbers by up to 300,000, as Russia’s missile strike on a Ukrainian shopping mall has been branded “one of the most brazen terrorist attacks in European history” by Ukraine’s president. Vlodymyr Zelensky condemned the “calculated hit” against a shopping centre with 1,000 people inside, in the city of Kremenchuk [...]
Fossil fuels spared emissions checks as UK scrambles for supplies ahead of winter June 28, 2022 Fossil fuel plants could be excluded from emissions checks, as the Government races to secure energy supplies ahead of winter.
Russia defaults on foreign debt for first time since 1918 Bolshevik revolution June 27, 2022 Russia has defaulted on its foreign debt obligations for the first time since the Bolshevik revolution in 1918. Sanctions launched by an alliance of western nations in response to Russian president Vladimir Putin’s invasion of Ukraine have hobbled the Kremlin’s access to its assets, meaning it has been unable to pay foreign investors. Moscow has [...]
Nike confirms complete exit from Russia June 23, 2022 Sports brand giant Nike has formally exited Russia due to the ongoing war in Ukraine, three months after suspending operations. The US company, famous for its tick logo, said the delay in quitting completely was because it was “responsibly” scaling down its operations, in order to protect employees. This comes after Nike, which sponsors athletes [...]
Ukrainian government recruits UK ad giant WPP to craft economy rebuilding campaign June 22, 2022 WPP and the Ukrainian Government have announced a fresh partnership to attract investment into Ukraine and help rebuild its economy.
‘You’re my hero’: Watch the moment Hollywood star Ben Stiller meets Ukraine’s president Zelensky June 21, 2022 Hollywood actor Ben Stiller praised Ukraine’s president Vlodymyr Zelensky as his “hero” during a meeting in Kyiv as part of his United Nations duties. The entertainer was in Ukraine n his role as United Nations High Commissioner for Refugees Goodwill Ambassador (UNHCR). During the encounter, for World Refugee Day, the two embraced and Stiller said [...]
Germany turns to coal as Russia puts pressure on gas supplies June 20, 2022 Germany will ramp up coal supplies and offer heavy subsidies to gas giants to ensure it can meet its energy needs this winter.
Boris Johnson: We must avoid “Ukraine-fatigue” June 18, 2022 Boris Johnson has said we must avoid “Ukraine-fatigue”, as the Prime Minister touches down after his impromptu visit to Kyiv. The PM visited the war-torn country yesterday in a surprise visit and told reporters at RAF Brize Norton on his arrival back in the UK that we need to show Ukraine that “we are with [...]