Russian missiles struck a military center in western Ukraine near Poland as bombing of major cities intensified and Moscow warned that convoys of military aid from the West are “legitimate targets.” The Russian military continues to target sites ringed around Ukraine’s capital, Kyiv, and fierce fighting has been reported. Prime Minister Denys Shmyhal said Ukraine …
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Two weeks since Russia began Europe’s biggest conflict since World War II, businesses across the continent are already in varying stages of despair at the consequences on livelihoods. A crisis of human suffering in Ukraine, whose wider economic impact prompted European Central Bank officials to quicken their withdrawal from stimulus this week, is affecting prosperity …
Continue reading “Shockwaves Spread as Europe’s Economy Reels at Energy Fallout”
(Reuters) – Russian natural gas company Gazprom said on Saturday it was continuing gas shipments via Ukraine at an unchanged volume of 109.5 million cubic metres a day. NN: All shipments or Russain oil and natural gas have not declined. Oil shipments by tankers are DELAYED as the banks, shippers and insurance companies sort out …
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https://youtu.be/aFii8busnWA HELSINKI (Reuters) -Finland’s much-delayed Olkiluoto 3 nuclear reactor started test production on Saturday, operator TVO said, delivering power to the national grid which over time is expected to reduce the need for electricity imports and lead to lower prices. Plagued by technological problems that became the subject of lawsuits, the 1.6 gigawatt (GW) reactor …
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https://youtu.be/z7w2NsS_HpY (Reuters) – Western intelligence agencies are investigating a cyberattack by unidentified hackers that disrupted broadband satellite internet access in Ukraine coinciding with Russia’s invasion, according to three people with direct knowledge of the incident. Analysts for the U.S. National Security Agency, French government cybersecurity organization ANSSI, and Ukrainian intelligence are assessing whether the remote …
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BRUSSELS (Reuters) – The European Union will suspend Moscow’s privileged trade and economic treatment, crack down on its use of crypto-assets and ban exports to Russia of EU luxury goods and import of iron and steel goods, the head of the European Commission said on Friday. The new measures amount to a fourth set of …
Continue reading “The US and EU will revoke Russia’s “most-favoured nation” trade status.”
Commenting on the latest talks with Ukraine, “there are certain positive shifts, negotiators on our side tell me,” Russian President Vladimir Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko on Friday, as reported by Reuters. Putin refrained from sharing any additional details on the matter. Putin further noted that sanctions have only …
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US President Joe Biden on Friday lashed at Russia asserting that Putin’s regime will pay a “severe price” if it used chemical weapons against Ukraine. “We will not fight a war against Russia in Ukraine. Direct confrontation between NATO and Russia is World War III — something we must strive to prevent,” Biden said. Biden …
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Commenting on the latest talks with Ukraine, “there are certain positive shifts, negotiators on our side tell me,” Russian President Vladimir Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko on Friday, as reported by Reuters. Putin refrained from sharing any additional details on the matter. Putin further noted that sanctions have only …
Continue reading “Putin: There are positive shifts in talks with Ukraine”
With the war in Ukraine causing oil prices to soar, US President Joe Biden’s administration is treading a fine line between staying true to its commitment to clean energy, while seeking to ramp up petroleum production. Energy Secretary Jennifer Granholm called on oil producers to open the taps to deal with the immediate crisis, but …