Updated on 03/02/2022 10:05 am Switzerland-based pipeline operator Nord Stream 2 AG said it has not filed for insolvency. “We do not confirm media reports that Nord Stream 2 has filed for bankruptcy”, the company noted. “The company has informed local authorities that it has had to terminate contracts with employees following the imposition of […]
Tag: Russia
Russian billionaires move superyachts to Maldives as sanctions tighten
Updated on 03/02/2022 09:59 am At least five superyachts owned by Russian billionaires were anchored or sailing Wednesday in the Maldives, an Indian Ocean island nation that does not have an extradition treaty with the United States, ship-tracking data showed. The arrival of the ships in the archipelago off the coast of Sri Lanka follows […]
European Union does not rule out leaving tax rules suspended in 2023 by Ukraine
The European Commission (EC) will evaluate in the spring whether it goes ahead with its plan to reactivate the European fiscal discipline rules in 2023, since it expects that the Russian invasion of Ukraine will slow down its economic recovery after the pandemic, although it does not foresee that make it “derail”. The Community Executive […]
The US prepares expanded sanctions against the Russian elite and their families
Updated on 03/02/2022 09:14 am The United States is preparing to expand sanctions on Russian oligarchs, their businesses and family members over Vladimir Putin’s invasion of Ukraine, The Washington Post reported, citing three people familiar with the measures. The White House and the Treasury Department are preparing a list of people that will overlap with […]
Russian troops arrive in Kharkiv and bombard the entire city with missiles
Russian troops landed this Wednesday in Kharkiv (east), the second Ukrainian city, and claimed to have taken Kherson (south) on the seventh day of the invasion launched by Vladimir Putin, whom Joe Biden described as a “dictator” and whose country is the target of strong sanctions by the West. “Russian airborne troops have landed in […]
Russia warns that the only way out of sanctions against it is a Third World War
Updated on 03/02/2022 09:08 am Russian Foreign Minister Serguei Lavrov assured on Wednesday that US President Joe Biden knows that the only alternative to sanctions against Russia is a Third World War and that it would be “a devastating nuclear war”, in statements to Qatari television Al Jazeera. Biden “He has experience and knows that […]
Trouble looms for Russian issuers over $9bn payout
Russian borrowers will have to figure out how they are going to pay back some $9 billion over the next three months. That’s the approximate amount of cash that Russian companies and the government must pay to holders of foreign-currency bonds before the end of May, according to data compiled by Bloomberg. That task has […]
Russian Cyber Offensive Against Ukraine Meets Resistance Among Hackers
Russia has been using cyberattacks for years in its conflict with Ukraine, but the neighboring country’s invasion has now sparked an unprecedented backlash among Ukrainian hackers and sympathizers from abroad. The largest Internet attack against Ukraine occurred in 2017, when the computer systems of the Kiev metro, Ukrainian ports, companies in the energy sector and […]
With Russian sport isolated, political neutrality in question
International sport has made political and geopolitical neutrality one of its main reasons for being, swept away in a few days by the war in Ukraine, with very harsh sanctions against Russia, but also against its athletes. And in the background, with the risk of creating “precedents” that could be invoked in possible conflicts in […]
What could be the legal responsibilities of the invasion of Ukraine?
The prosecutor of the International Criminal Court (ICC) indicated that he had opened an investigation into the situation in Ukraine, evoking “war crimes” and “crimes against humanity”, after Kiev accused Russia before the International Court of Justice (ICJ) of plan a genocide. Here are five questions about the legal situation after the invasion. Did Russia […]