Those responsible for Russian and Ukrainian diplomacy did not reach an agreement for a ceasefire in Turkey on Thursday, in their first face-to-face after two weeks of Russian military offensive, which continues to advance and reaches the gates of Kiev. “We wanted to get a 24-hour ceasefire. (Russian Foreign Minister Sergei) Lavrov said that Moscow […]
Tag: Russia
Russia begins to lose favorable trade treatment in the WTO due to the war
Updated on 03/10/2022 01:50 pm Ukraine and Canada have been the first countries to withdraw from Russia the so-called “Most Favored Nation” treatment, one of the fundamental principles of international trade overseen by the World Trade Organization (WTO), said diplomatic sources close to the institution. . The European Union (EU) has announced its intention to […]
Putin says Russia will emerge stronger, warns sanctions will reverberate in the West
President Vladimir Putin said on Thursday that sanctions imposed on Russia would reverberate in Western countries, including in the form of higher food and energy prices, adding that Moscow would emerge stronger from its decision to invade Ukraine. He claimed that there was no alternative to what Russia calls its “special military operation” in Ukraine […]
Goldman Sachs, the first large investment bank to suspend activity in Russia
Updated on 03/10/2022 01:39 pm The investment bank Goldman Sachs announced Thursday that it is suspending its activities in Russia, thus becoming the first large Wall Street bank to announce a measure that has already been previously adopted by numerous multinational companies. “Goldman Sachs phases out its business in Russia in compliance with regulatory requirements”, […]
Russia prohibits the export of certain foreign products and equipment
Updated on 03/10/2022 01:31 pm Russia banned the export of certain foreign goods and equipment on Thursday, in response to economic sanctions adopted by Western countries over the Ukraine conflict. This measure applies to goods and equipment previously imported into Russia from abroad. The government indicated that the ban affects certain technologies related to telecommunications, […]
ECB reviews debt purchase schedule due to Russian invasion of Ukraine
The European Central Bank (ECB) stated that the Russian invasion of Ukraine is a turning point and therefore has decided to review the schedule of debt purchases for the coming months. After the meeting of the Governing Council, the ECB reported in a statement that it will end the debt purchases due to the pandemic […]
Russia changes stance on hospital bombing condemned around the world
Updated on 03/10/2022 12:30 pm Russia on Thursday changed its position on the bombing of a hospital in the Ukrainian city of Mariupol, with a mix of statements that ranged from aggressive denials to a call from the Kremlin to establish clear facts. Ukrainian President Volodymyr Zelensky said three people, including a child, were killed […]
UN: after pandemic, Russian invasion of Ukraine aggravates world hunger
Updated on 03/10/2022 12:25 pm World hunger was already on the rise due to the pandemic and the situation was aggravated by the war in Ukraine, a region that produces grains, fertilizers and energy, warned the United Nations (UN). “We weren’t well even before the pandemic, hunger was on the rise and then the pandemic […]
War in Ukraine: Venezuela’s oil can meet US demand, says union
The war in Ukraine unleashed the crisis in the oil priceafter the sanctions imposed on Russia from United Stateswhich led to a rapprochement between the Joe Biden administration and Venezuelaand could represent an unexpected turn for Caracas, despite the support of Nicholas Maduro to Vladimir Putin. “The level of reaction of the United States approaching […]
Great Britain imposes more sanctions on Abramovich that pose restrictions on Chelsea
Updated on 03/10/2022 10:18 am Britain’s government on Thursday imposed unprecedented restrictions on Chelsea’s ability to operate following sanctions on its owner, Russian tycoon Roman Abramovich. Abramovich was one of seven Russian millionaires whose assets were frozen by British authorities. This cripples his ability to sell Chelsea, as he announced last week following the Russian […]