People with low levels of Vitamin D may be more likely to catch coronavirus and die from COVID-19 infection, study suggests Study compared average vitamin D levels in a country with coronavirus mortality Found a link showing low vitamin D levels are associated with a higher death rate Researchers ‘believe they can advise vitamin …
White House Rebuffs Calls for Ban on Russian Oil
The White House ruled out banning imports from Russia despite calls from House Speaker Nancy Pelosi earlier in the day as Russian President Vladimir Putin continues his assault on Ukraine. Ms Pelosi told reporters on Thursday that she would support banning oil imports from Russia when she was asked about rising gas prices and whether …
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Yacht seized as U.S. ramps up oligarch sanctions so Putin ‘feels the squeeze’
A superyacht owned by a Russian oligarch was seized by French authorities on Thursday as other owners sailed their multi-million pound vessels away from Europe to prevent them being impounded over the invasion of Ukraine. The Amore Vero, which is worth $120m and is owned by Russian oil billionaire Igor Sechin, was moored at a …
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Talks end, Ukraine disappointed with results
Ukraine says that a second round of ceasefire talks with Russia did not yield the results Kyiv hoped for, but the sides had discussed humanitarian corridors and agreed to speak again. Ukraine says that a second round of ceasefire talks with Russia had not yielded the results Kyiv hoped for, but the sides had discussed humanitarian …
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Oil prices hit multi-year highs as supply tightens
LONDON — Benchmark Brent crude oil prices climbed close to $120 a barrel on Thursday, with Russian oil exports disrupted as traders try to avoid becoming entangled in sanctions. Support also came from U.S. crude stockpiles at multi-year lows, helping to lift Brent crude futures as high as $119.84 a barrel for the highest level …
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End of Oligarch Era Nears
Roman Abramovich is selling Chelsea Football Club after almost two decades of ownership. The billionaire’s ties to Russia are being scrutinized. He is seeking 3 billion-pounds from the sale of the football club and has said that net proceeds will go to a foundation for Ukraine war victims. The billionaire hasn’t been personally sanctioned by …
Russia now ‘utterly uninvestable’ – Schroders CEO says
LONDON (Reuters) – Russian stocks and bonds are now “in the realms of utterly uninvestable,” the chief executive of Schroders (LON:) Peter Harrison told Reuters on Thursday, as Western sanctions squeeze Russia’s economy after its invasion of Ukraine. Russia’s Ukraine invasion has roiled markets worldwide, sending oil prices rocketing, boosting commodity stocks and triggering a …
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Italy Halts Funding For $21 Billion Arctic LNG 2 Project
ARCTIC LNG-2: CONSTRUCTION OF THE WORLD’S LARGEST FLOATABLE REINFORCED CONCRETE PLATFORMS CONTINUES Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy projects, even absent of energy-related sanctions. Tankers carrying Russian LNG to Europe have changed course, oil …
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US closes higher, Dow gains over 590 pts
Major stock markets in the United States closed higher on Wednesday, with the Ukraine crisis in the center of attention. Investors continued monitoring the situation in Europe and the effect of sanctions on Russia and the global economy. Earlier it was known that senior Chinese officials asked top Russian officials not to invade Ukraine before …
Brent Holds Above $110 As EIA Confirms Crude Draw
Crude oil prices remained elevated today after the U.S. Energy Information Administration reported crude oil inventories had shed 2.6 million barrels in the week to February 25. This compared with a build of 4.5 million barrels for the previous, which also failed to reverse the direction of oil prices as it was reported a day …
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