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US unveils Russia oil and gas sanctions plan

US Secretary of State Antony Blinken rejected calls for immediate energy sanctions against Russia on Friday, arguing that such action would harm Americans more than Moscow. After being asked by a reporter how Western countries could “beat Putin” when they pay Russia “up to $700 million a day in oil, …

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Russia declares temporary ceasefire in Ukraine

The Russian Ministry of Defense has said it is halting its offensive at 10am local time on Saturday so residents can leave the encircled Azov Sea port city of Mariupol, around 110km (68 miles) from Donetsk. Russia recognizes the city as part of the Donetsk People’s Republic (DPR). However, it …

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Microsoft suspends business in Russia

US software giant Microsoft is to suspend all new sales and services in Russia, the company announced on its website on Friday. “We are coordinating closely and working in lockstep with the governments of the United States, the European Union, and the United Kingdom, and we are stopping many aspects …

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Italy seizes yacht of Russian steel tycoon

Italian authorities have seized a massive yacht owned by Russian metals magnate Alexey Mordashov in a bid to enforce the European Union’s penalties on Moscow, the prime minister’s office said, amid additional reports that a second craft was captured by police under the same sanctions. A spokesperson for Italian PM …

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European gas prices soar to all-time high

Gas prices in Europe spiked to nearly $2,400 per 1,000 cubic meters, or €212 per megawatt-hour in household terms, on Friday for the first time in market history as Russia’s military offensive in Ukraine continues. The April futures at the TTF hub in the Netherlands soared to $2,392 per 1,000 …

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Zelensky urges Putin to talk

Ukrainian President Volodymyr Zelensky signaled his readiness to talk directly with his Russian counterpart Vladimir Putin on Thursday, suggesting the two should sit down together as “neighbors” and talk about the ongoing conflict. At the same time, the Ukrainian president was ambiguous about the topic of such talks – should …

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Ukrainian refugees could be housed in oligarchs’ mansions

UK Deputy Prime Minister Dominic Raab has shown his support for the idea of housing Ukrainian refugees in the confiscated properties of some of Russia’s wealthiest people. During an LBC radio broadcast on Friday, Raab, formerly the UK foreign secretary, confirmed that the property assets owned by Russian oligarchs in …

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BBC, CNN & Bloomberg pull out of Russia

The BBC, CNN and Bloomberg have suspended operations in Russia after President Vladimir Putin enacted a law that makes the deliberate spread of disinformation punishable by up to 15 years in prison. After the anti-fake news law was approved on Friday, CNN said it would “stop broadcasting in Russia while …

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US lawmakers react to call for Putin assassination

American lawmakers from across the political spectrum have criticized their colleague’s statements as dangerous and unhinged, after Graham claimed “the only way” to end Russia’s invasion of Ukraine was to kill President Vladimir Putin. On Thursday, US Senator Lindsey Graham invoked the assassination of Roman dictator Julius Caesar and the …

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