British oil giant Shell has confirmed a potential hit to the company of €3.7-€4.6 billion ($4 to $5 billion) from offloading its Russian assets as the company decided to pull out of the country amid Western sanctions. “For the first quarter 2022 results, the post-tax impact from impairment of non-current …
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Ukrainian President Volodymyr Zelensky has announced a summit of countries ready to discuss security guarantees for Kiev. The event would be part of the negotiations to end Russia’s military campaign in Ukraine. “Such a meeting will certainly happen because it was confirmed by the representatives of future guarantors,” Zelensky told …
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If Western countries continue to expel Russian diplomats, Moscow won’t rule out the possibility of severing diplomatic ties with them, Kremlin spokesman Dmitry Peskov said on Wednesday. He described the recent wave of expulsions as “closing the window” for continued diplomatic relations. “There is such a potential risk, since every …
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The Finnish government will provide the country’s parliament with a review of possible NATO accession by the middle of this month, the country’s Foreign Minister Pekka Haavisto said. Moscow’s attack on Ukraine has prompted Finland, which has a common border with Russia, to intensify the discussions on potential benefits of …
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EU foreign policy chief Josep Borrell has announced that introducing a total ban on Russian gas imports has been ruled out because the bloc would not be able to pass a unanimous vote due to Hungary’s position. “A unanimous decision cannot be taken because there is one country, Hungary, which has …
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The CEO of Tesla and SpaceX, Elon Musk, has become the world’s richest person, according to Forbes magazine’s latest billionaires list, published on Tuesday. Musk is atop the World’s Billionaires list for the first time ever. As of March 11, the businessman was worth an estimated $219 billion, after his …
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Pyongyang’s nuclear forces would have no other choice, but to respond if the South decides to attack the country, Kim Yo Jong, a key adviser to her brother, North Korean leader Kim Jong Un, has said. It was her second warning in three days, following Seoul’s claim that it could …
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The greatest threat to the US isn’t Russia, China or any other foreign state, but the “radical left” politicians now running America, former US President Donald Trump said during a Republican rally in Washington Township, Michigan on Sunday. Because of Joe Biden’s policies, which included giving up on Russian energy, …
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The US will be sending an additional $300 million in military aid to Ukraine, Pentagon press secretary John Kirby announced on Friday. He added that the package will include laser-guided rocket systems, switchblade tactical drones which are capable of taking out armored vehicles, Puma surveillance drones, armored Humvees, ammunition, night-vision …
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The EU is working on a new package of sanctions on Russia over the crisis in Ukraine, European Commissioner for Economy Paolo Gentiloni said on the sidelines of the Ambrosetti Forum in Italy. According to Gentiloni, the new measures will not affect Russia’s energy sector. He noted, however, that they …
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