A US Securities and Exchange Commission (SEC) filing showed on Thursday a “non-binding proposal” from Elon Musk to Twitter. According to the filing, Musk proposed to buy all of the outstanding shares of the social media company he doesn’t already own for $54.20 each. That represents an 18.2% premium on …
Read More »Seven injured in cross-border shelling from Ukraine
Seven people, including a pregnant woman and a child, were injured on Thursday in a shelling that targeted a village in Russia located close to the border with Ukraine, Russian officials said. A separate attack targeting a nearby border crossing was reported by the guards. The first incident happened in …
Read More »US inflation jumps to 40-year high
The US Labor Department said on Tuesday that its consumer price index soared 8.5% in March from 12 months earlier, the sharpest year-over-year increase since 1981. The surge was driven by continuing supply-chain problems, soaring demand and rising energy prices, it said. Statistics showed that the monthly rise was 1.2%, …
Read More »India defies Western pressure to stop Russia trade
Weeks after snapping up discounted Russian crude, India is setting for a major increase in its purchases of coal from the sanctioned country. The world’s sixth biggest economy is focused on its energy security, disregarding attempts by the US and its allies to isolate Moscow. In March, India’s coal imports …
Read More »US to give Ukraine intelligence to attack targets in Crimea – media
As the US ramped up its involvement in the Ukrainian crisis by supplying heavier weapons to Kiev, it also decided to provide intelligence reports that the Ukrainian forces would need to attack targets in Crimea, US media reported on Wednesday. Russia considers the peninsula part of its territory. “As the …
Read More »Wife of captured Ukrainian opposition leader pleads to Erdogan
Ukrainian TV star Oksana Marchenko, the wife of the country’s arrested opposition leader Viktor Medvedchuk, released a video on Wednesday pleading to Turkish president Recep Tayyip Erdogan to assist in freeing her husband. She claims her husband was illegally captured at the personal request of Ukrainian President Volodymyr Zelensky on Tuesday and …
Read More »Russia sanctions US lawmakers
Russia has introduced sanctions on nearly 400 US lawmakers in a tit-for-tat response after Washington took a similar step against members of the State Duma and Federal Assembly. The new penalties were imposed on 398 representatives on Wednesday, the Russian Foreign Ministry announced in a statement, noting that the sanctions …
Read More »EU warns members over Russian gas payments – media
The European Commission has told member states that it believes a new scheme, which Russia wants foreign buyers to use to pay for natural gas, will violate the bloc’s sanctions, Bloomberg reported on Thursday citing an anonymous source. Moscow wants all payments to go through one bank and be converted into …
Read More »US issues Russia sanctions warning
US Treasury Secretary Janet Yellen will issue a stark warning to countries “sitting on the fence” when it comes to sanctions against Russia in a speech to be delivered on Wednesday, saying that such “short-sighted” policies would not go unnoticed. During an event at NATO’s Atlantic Council adjunct, Yellen plans to insist …
Read More »Finland and Sweden expand on NATO plans
Finland’s Prime Minister Sanna Marin and her Swedish counterpart Magdalena Andersson have expanded on their countries’ possible NATO bids following bilateral talks on security in Stockholm on Wednesday. Helsinki’s decision on whether to apply for the US-led military bloc or not “will happen quite fast,” Marin said during a joint …
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