European leaders call for new Russia sanctions after renewed violence in Ukraine January 27, 2015 European leaders have written a joint statement saying they will back new sanctions against Russia, after renewed violence in eastern Ukraine. Heads of state from all 28 European Union (EU) nations condemned the killing of civilians – said to have been deliberate – in the Ukrainian city of Mariupol over the weekend. We note evidence [...]
Here is everything we know about the Zaporizhia nuclear power plant accident in Ukraine December 3, 2014 Ukraine’s Prime Minister Arseniy Yatsenyuk has confirmed there has been an accident at one of the country’s major nuclear power plants today. The reactor affected is Zaporizhia NPP – the largest power plant in Europe, which is in the South East of the country. “I know that an accident has occurred at the Zaporizhia NPP,” Yatsenyuk said. Ukraine’s energy [...]
Has French company DCNS agreed to transfer warship to Russia despite the conflict in Ukraine? November 24, 2014 France has agreed on a deadline to deliver the first of two warships to Russia in a deal that will total around €1.2bn. DCNS, a French industrial group that specialises in naval defence and energy, has agreed with Russia to transfer the Mistral-class helicopter carrier before 27 November. With the ongoing crisis in Ukraine showing [...]
“More sanctions? I’m off”: Putin leaves G20 early after being blasted over Ukraine November 15, 2014 Russian President Vladimir Putin has decided to wave goodbye to his fellow G20 summit attendees a day early, after they criticised Russia's involvement in Ukraine and threatened to impose more sanctions on Moscow. Western leaders from both Europe and North America berated Russia for its part in the recent escalation of military activity in [...]
Russian bank VTB could de-list from London due to Ukraine sanctions November 10, 2014 Russian lender VTB is looking at de-listing in London and moving to Chinese stock markets, because international sanctions are squeezing its business. The bank listed in London in 2007, seeking the global capital markets focused in the UK. But pro-Russia separatists’ seizure of Crimea and fighting in Ukraine have led to sanctions on people close [...]
EU brokers Russia, Ukraine gas deal after months of negotiation October 30, 2014 Russia has agreed to resume supplies of natural gas supplies to Ukraine until March 2015 following months of negotiations brokered by the European Union. The deal will also include EU funds to assist Ukraine in paying off its debts to Russian energy giant Gazprom so gas will be delivered to the war-torn country in time [...]
Ebola to Ukraine: The West has failed to pay the piper – with terrible results October 19, 2014 Something truly terrible happened in Hamelin, Germany in the early Middle Ages, something so dire it has become embedded in western consciousness as the fairy tale “The Pied Piper.” Whether the town experienced a severe case of the Black Death, a rush of emigration to Eastern Europe, suffered through the Children’s Crusade, or was the [...]
Hargreaves Lansdown share price hit by market fears around Scottish independence and Russia-Ukraine conflict October 14, 2014 Fund supermarket Hargreaves Lansdown was hit by turmoil in the geopolitical arena last quarter, as the fear stalking stock markets dragged down performance. The FTSE 100 giant, based in Bristol, said concerns over the Scottish referendum, conflict between Ukraine and Russia, unrest in the Middle East and poor data from the Eurozone had made customers [...]
Ukraine crisis: Russia pulls 17,000 troops from border October 12, 2014 Russia is pulling troops away from the Ukrainian border, ahead of president Vladimir Putin’s meeting with Petro Poroshenko. 17,600 soldiers stationed in the Rostov region have been ordered to return to their bases. According to Russian news agency RIA Novosti, the troops’ training exercises have now come to an end. A ceasefire [...]
Moody’s warns that Russia may prompt Ukraine state to default October 9, 2014 UKRAINE’S government could begin to default on its debts if Russia calls in a $3bn (£1.86bn) loan made to the troubled state late last year, analysts at Moody’s warned yesterday. The state’s debt to GDP ratio is set to rise above 60 per cent this year, breeching the terms of the Russian loan and thus [...]