The Maag clothing chain, which replaces the Spanish Zara (Inditex), which sold its business in Russia to the Daher group due to the Russian military campaign in Ukraine, caused a sensation today at the opening of its new store in Moscow. “In Russia we really missed a store like this. It was time”, commented the […]
Tag: Russia
New association of small clubs is created to have more weight in the management of European football
A new organization, the Union of European Clubs (UEC), emerged this Monday to represent “small and medium-sized” professional teams and have more weight in front of the big clubs, which accumulate money and titles. Presented in Brussels, where it will be headquartered, the UEC intends to “give voice” to approximately 1,400 clubs that are not […]
EU ministers to continue addressing support for Ukraine with ammunition promise
The foreign ministers of the European Union (EU) will continue to analyze their support for Ukraine during the Council that will be held tomorrow, while the agreement on the use of 1,000 million euros to finance joint purchases of ammunition so that that country can continue defending itself from the Russian invasion is still pending. […]
Russia Continues Advance on Bakhmut Despite Stout Ukrainian Resistance
Bloody clashes in the city of Bakhmut, in eastern Ukrainecontinue with the gradual advance of the russian forces to the west that threatens to cut off the last supply lines of the Ukrainians, while they offer a stubborn resistance to the invaders. “On the Donetsk front, assault detachments liberated two blocks in the west of […]
Ukraine’s debt amounted to 71.6% of GDP in 2022
The Ministry of Finance of Ukraine reported today that the State debt amounted in 2022 to the equivalent of 71.6% of the Gross Domestic Product (GDP), compared to 43.3% in 2021, the year before the Russian invasion. In 2022, the nominal GDP fell from 200,000 to 161,000 million dollars (from 182,000 to 146,000 million euros, […]
Number of billionaires in Russia grows 25% despite war sanctions, according to Forbes
The number of billionaires in Russia increased by 25% last year despite Western sanctions imposed after the start of the military campaign in Ukraine in February 2022. The list of billionaires, that is, tycoons with more than a billion dollars, increased from 88 to 110, the magazine reported today on its website. The richest Russian […]
The growing gap between the West and the emerging countries due to the war in Ukraine
Lula pleads for peace negotiations on Ukraine under Chinese auspices and the G7 threatens countries that support Russia. The gap is widening between the West, which is closing ranks with kyiv, and the rest of the world, which is more flexible with Moscow. The latest sign of this distancing was the criticism on Monday from […]
G7 warns of “severe costs” for those who help Russia in Ukraine
The heads of G7 diplomacy warned on Tuesday of “severe costs” for those who help Russia in their war against Ukraine and showed a united front in the face of another geopolitical challenge such as China. After a two-day summit in the bucolic Japanese mountain town of Karuizawa, the foreign ministers of these leading economies […]
US says Lula “parrots” Russian propaganda about war in Ukraine
The Government of the United States affirmed this Monday that the Brazilian president, Luiz Inacio Lula da Silvahas been “repeating like a parrot“Russian and Chinese propaganda about the war in Ukraine and has not even stopped to study”the facts”. “The way in which Brazil has addressed this issue both substantively and rhetorically by suggesting that […]
China protests US sanctions linked to Russia
Beijing protested on Saturday against the sanctions imposed by USA against other Chinese companies for their alleged attempts to evade US controls on exports to Russiaand described them as an illegal measure that endangers global supply chains. The US Commerce Department listed five companies based in mainland China and Hong Kong on Wednesday in its […]