Russia’s rouble demands slammed by steel baron Vladimir Lisin April 5, 2022 Russia's plans to demand roubles for exports will undermine the country's position on global markets, argued steel baron Vladimir Lisin.
European Union proposes total ban on coal from Russia in another £3bn blow to Moscow April 5, 2022 The European Commission has proposed new sanctions against Russia, including an import ban on coal worth 4 billion euros (£3.3 billion) per year. European Commission president Ursula von der Leyen said the EU needed to increase the pressure on Russian President Vladimir Putin after what she described as the “heinous crimes” carried out around Kyiv. [...]
Zinc prices rally amid reduced output and soaring energy prices April 5, 2022 Zinc prices have skyrocketed again amid fears of reduced output in already tight markets, rising to $4,470 per tonne.
Germany seizes control of Gazprom supply arm April 5, 2022 The German government has taken hold of Gazprom's German unit - to prevent a Russian-backed takeover of the business.
The Russia–Ukraine war and other geopolitical risks April 5, 2022 | City Talk The war in Ukraine is dominating the headlines. For now. But the conflict’s indirect reverberations will ripple far beyond the borders of its combatants and their allies. Indeed, they could give rise to new and varied geopolitical risks throughout the world. The war’s potential effect on the global grain supply and food inflation is especially [...]
Merkel defends blocking Ukraine’s Nato bid as Zelensky criticises her ‘policy of concession’ to Moscow April 5, 2022 Former German Chancellor Angela Merkel has defended her decision to block Ukraine’s Nato application, as President Zelensky criticised her “policy of concession” towards Moscow. The former leader was called out by President Volodymyr Zelensky, who also took aim at France’s former president Nicolas Sarkozy, after mass graves and hundreds of unarmed civilians were found in [...]
Ukraine war is dramatically dialling up risk of global recession April 5, 2022 The war in Ukraine has dramatically dialled up the risk of a global recession, according to leading economist. The conflict has thrown a ‘massive monkey wrench’ into what was a gradually improving post-pandemic picture, Ira Kalish, chief global economist at Deloitte told delegates at the World Retail Congress in Rome. And it could have damaging, [...]
Civilian ship sinking in Mariupol after Russian shelling April 5, 2022 Ukraine says a civilian ship is sinking in the port of Mariupol after Russian forces fired on it. The Ukrainian Interior Ministry said the ship was struck during “shelling from the sea” by Russia, causing a fire in the engine room. The crew was rescued, including one injured crew member, it added. The ministry said [...]
Russian Army soldiers killed ‘for amusement’ in what look like war crimes, says British military bigwig: ‘Systematic and deliberate’ April 5, 2022 The former head of British military operations in Afghanistan has said images of dead civilians in Ukraine point to war crimes committed by Russian troops. Colonel Richard Kemp, a former member of the Joint Intelligence Committee, said there appears to have been a policy of systematically killing civilians to spread terror. Asked if video footage [...]
Eastern Ukraine holds its breath for fresh ‘large scale assault’ by Russian Army April 5, 2022 Ukrainian foreign affairs minister Dmytro Kuleba warned of a “large-scale” assault on the east and south of his country as Russian troops regroup, having been pushed back from the capital. He told reporters, during a joint press briefing with Ms Truss, that there had been “some hesitation” in the West about providing Ukraine with “all [...]