Updated on 03/21/2022 04:27 am In the oil fields of northern Montana, industry veteran Mac McDermott saw crude prices soar from $75 a barrel in January to more than $120 when Russia invaded Ukraine, and drop again as fears of coronavirus in China raised the possibility of a global economic slowdown. McDermott said his family’s […]
Tag: Russia
The Russian economy, doomed to structural transformation and strong uncertainty
The Russian economy is headed for a large-scale structural transformation to cope with the impact of the unprecedented sanctions that the West has imposed on Russia for its military offensive in Ukraine, which implies a long period of strong uncertainty, the Bank of Russia. Russia closed 2021 with a growth of the Gross Domestic Product […]
Calm and uneasiness near a missile shield in northern Poland
In the event of an armed conflict between the North Atlantic Treaty Organization (NATO) and Russia, Russian missiles can in principle fall on the US anti-missile shield installed in northern Poland. There, this raises concern with the upcoming war in Ukraine. “If a serious armed conflict breaks out, the first attack will be directed at […]
Putin, the new tsar who suffers from addiction to power
Vladimir Putin is not crazy. It doesn’t look like he’s sick from a medical point of view, at least. The brutal invasion of Ukraine suggests, however, that the Russian president is a “junkie” of the power of narcissistic personality. A new czar with dangerous delusions of grandeur that must be stopped. “No, he’s not crazy. […]
UN confirms over 900 civilian casualties in Ukraine war
Updated on 03/20/2022 11:23 am The Human Rights Office of the UN said today that it has confirmed that 902 civilians, without any participation in the conflict, have died since the beginning of the invasion russian and that 1,459 have been wounded in the attacks. To these casualties must be added those that have occurred […]
Zelensky rules out recognizing the independence of Donbas requested by Russia
the president of UkraineVolodímir Zelensky affirmed this Sunday that he is “prepared” to negotiate with his Russian counterpart, Vladimir Putinto end the war, but ruled out recognizing the independence of the donbas and Russian sovereignty over crimea. In an interview with CNN, the president bluntly stated that he will not assume “any commitment that affects […]
Ukraine reports another Russian attack on a shelter in Mariupol
The Russian army bombed an art school where some 400 people were sheltering in the besieged city of Mariupol on Sunday, according to Ukrainian authorities. Ukraine’s president said the suffocating Russian siege of the port city would be remembered for centuries. It was the second time in less than a week that municipal authorities reported […]
Germany closes energy deal with Qatar to reduce its dependence on Russia
Updated on 03/20/2022 08:43 am Germany and Qatar have reached a long-term energy partnership deal, a German official said on Sunday, as Europe’s biggest economy seeks to become less dependent on Russian energy sources. Russia is Germany’s largest gas supplier and Economy Minister Robert Habeck has launched several initiatives to reduce the country’s energy dependency […]
Ukraine defends itself against Russian aggression with cheap but deadly Turkish drones
Despite three weeks of Russian bombardment of Ukraine’s cities, Ukraine defends its cities using Turkish-made drones that attack invaders with deadly efficiency that has shocked Western military experts. unmanned aerial vehicles Bayraktar TB2which can carry light, laser-guided bombs, typically excel in low-tech conflicts. Turkey has sold them to a dozen countries, such as Azerbaijan, Libya, […]
Russian influencer becomes target of new censorship law
Veronika Belotserkovskaya, an influencer best known in Russia for her glamorous posts from Instagram about her life and her cooking classes, has become one of the main targets of the country’s new draconian legislation that punishes critics of the war in Ukraine with up to 15 years in prison. An unlikely candidate for the wrath […]