Russia has restricted the export of noble gases, including neon, in an apparent tit-for-tat response to the fifth round of sanctions imposed by the EU in April. The government decree, published on Tuesday, states that through December 31 of this year the export of noble, and others, will be subject …
Read More »Merkel comments on Russia-Ukraine conflict for first time
Russia’s military operation in Ukraine has marked a “major crisis point,” ex-German chancellor Angela Merkel said on Wednesday evening in her first public speech in around six months. The former chancellor has condemned what she described as Moscow’s “barbaric war of aggression” and voiced her support for Kiev. “I stand …
Read More »As sanctions fail and Russia advances, Western media changes its tune on Ukraine
Even as the collective West continues to insist – against all observable reality – that the conflict in Ukraine is going well for Kiev, major media outlets are becoming increasingly uneasy with the situation on the economic front. More and more observers are admitting that the embargoes imposed by the …
Read More »Fyodor Lukyanov: Russia’s role in the global economic order has turned out to be more significant than the West believed
After weeks of intensive negotiations, the European Union has agreed on a sixth package of sanctions against Moscow. Its main element is the cessation, by the end of this year, of oil imports from Russia delivered to the bloc’s market by sea. According to President of the European Commission Ursula …
Read More »EU agrees new anti-Russia sanctions
The European Union approved a sixth round of sanctions against Russia on Thursday, Reuters reports. The package reportedly includes an embargo of Russian crude. “There’s a decision of the ambassadors. The sixth package will come into force after publication in the Official Journal of the EU, tentatively on Friday,” an …
Read More »Biden administration split over Russia sanctions – Bloomberg
The Biden administration is split over how much further the US can push sanctions against Russia without undermining its own economy and Western unity, Bloomberg reports. According to the news agency, US President Joe Biden’s team has largely backed the sanctions plan Washington set in motion after Russia attacked Ukraine …
Read More »Russia reveals data on foreign mercenaries in Ukraine
The flow of foreign mercenaries into Ukraine has dried up, as the total number has almost halved during the conflict, Russian Defense Ministry spokesman Major General Igor Konashenkov said on Thursday. Speaking at a briefing, Konashenkov revealed that, according to MOD data, the number of foreign fighters in Ukraine has …
Read More »OPEC may exempt Russia from oil output quotas
Some members of the OPEC+ energy group are considering whether to exempt Russia from an oil production deal when they meet on Thursday, The Wall Street Journal (WSJ) reported, citing unnamed OPEC delegates. The delegates are reportedly concerned about the growing economic pressure on Russia and its ability to pump …
Read More »Russia denies it’s blocking Ukrainian grain exports
Russian military forces are not blocking grain shipments from Ukraine, Kremlin spokesman Dmitry Peskov said on Wednesday, as quoted by Interfax. He said the ports have been mined by the Ukrainian military, which prevents ships from going out to sea. According to the official, Moscow is willing to find ways …
Read More »Russia’s Kasatkina surges into French Open semi-finals
Russia’s Daria Kasatkina will compete in a Grand Slam semi-final for the first time this week after the 25-year-old overcame the challenge of compatriot Veronika Kudermetova on Wednesday to qualify for the final four at Roland Garros. The 20th seed held off Kudermetova to win in straight sets by a score of 6-4, 7-6(5) …
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