‘Cosmic’ borrowing costs stop Russian bond sales as debt teeters on brink of default April 11, 2022 “Cosmic” borrowing costs have forced Russia to stop bond sales for the rest of the year, as its debt teeters on the brink of defaulting. Sanctions on the Kremlin continued to bite, as its finance minister revealed drastic action this week. This comes after Western sanctions forced it to pay bondholders in roubles, despite it [...]
EU pushes OPEC to boost oil output as bloc weighs up ban on Russian supplies April 11, 2022 European Union (EU) officials will hold talks with OPEC representatives today in Vienna, amid growing calls for the cartel to boost supplies.
Priti Patel condemns ‘eco mob’ for forcing closure of one in three petrol stations in southern England April 11, 2022 Hundreds of environmental activists have taken part in direct action against petrol terminals, causing one in three fuel stations in the south of England to close. Campaigners from Just Stop Oil continued direct action against fossil fuel-linked firms, targeting three major fuel depots in Hertfordshire, Essex and Warwickshire over the weekend. The group said more [...]
UK warns Russia may use phosphorous bombs during assault on besieged city of Mariupol April 11, 2022 The UK has warned Russia may use phosphorous during its continued assault on the besieged city of Mariupol, based on its “prior use” while attacking the Donetsk. In an intelligence statement by the Ministry of Defence, it said previous usage of the chemical weapon “raises the possibility of their future employment”, as fighting over the [...]
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 [...]
PM bets big on nuclear but energy industry complains it’s too little in face of price crisis April 8, 2022 The supply security strategy failed to power optimism yesterday, with the energy industry warning it offered little to ease price concerns.
Government slammed for failing to back onshore wind April 7, 2022 Energy analysts and industry bodies have criticised the government's failure to include onshore energy targets in its supply strategy.
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 [...]
EU to delay coal ban amid pressure from Germany April 7, 2022 The EU will ban Russian coal a month later than planned amid pressure from Germany to delay the restrictions.