Trump says final Nippon Steel deal not yet approved, addresses Russia sanctions and foreign policy
WASHINGTON, D.C. — President Donald Trump told reporters Friday that the Nippon Steel acquisition is not finalized and requires his approval, while also commenting on sanctions legislation against Russia and the prospects…
China imports 13% less crude oil from Saudi in March, 14% less from Russia -customs
By Chen Aizhu and Muyu Xu (Reuters) – Saudi Arabia exported nearly 13% less oil to China in March than a year earlier but retained its top supplier spot, while shipments from…
Russia eases FX controls for some export-focused companies
(Reuters) – The Russian central bank said on Tuesday it had decided to ease forex currency control measures for Russian export-focused companies outside the commodities and energy sectors. The mandatory sales of…
Russia to spend over $32.3 billion to support economy under sanctions
(Reuters) – Russia plans to spend over 2.5 trillion roubles ($32.3 billion) on supporting its economy that has been targeted by unprecedented western sanctions, Finance Minister Anton Siluanov said on Tuesday. Russia…
UK targets Moscow bourse to try to curb investments in Russia
LONDON -Britain said on Tuesday it planned to revoke the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange in response to Russia’s invasion of Ukraine, a move that would remove…
Prada CEO says first 4 months strong despite Russia, China – paper
MILAN – Italian luxury group Prada posted strong results in the first four months of the year as its U.S. business offset the impact of suspending operations in Russia and coronavirus lockdowns…
Ukrainians deported to Russia from besieged Mariupol dream of home
By Elizabeth Piper KYIV – Mila Panchenko found herself on a station platform in southwest Russia after lack of food and water forced her to hand herself over to pro-Russian forces to…
Ukraine says ‘Battle of Donbas’ has begun, Russia pushing in east
(Reuters) – Russian forces launched a new offensive push along most of Ukraine’s eastern flank on Monday and the “Battle of Donbas” has now begun, Ukrainian President Volodymr Zelenskiy and senior officials…
U.S. banks’ commodity trading exposures rise on Russia conflict
By Matt Scuffham NEW YORK – Wall Street banks’ commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia’s invasion of Ukraine, first quarter…
Russia calls increased NATO military activity in the Arctic worrying, warns of “unintended incidents” – TASS
(Reuters) – Russia is worried about increased activity of NATO forces in the Arctic and sees risks of “unintended incidents” occurring in the region, TASS news agency cited Russian ambassador-at-large Nikolai Korchunov…
Russia sets 0300 GMT deadline for Ukraine troops in Mariupol to surrender
By David Ljunggren and Lidia Kelly (Reuters) – Russia’s defence ministry has told the Ukrainian forces still fighting in the besieged southern port of Mariupol to lay down their arms starting 6…
New EU sanctions on Russia to target Sberbank, Commission head tells paper
FRANKFURT – The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank, as well as oil, the head of the European Commission Ursula von der Leyen told a German…
Ukraine working with Turkey, understands parallel ties to Russia -Ukrainian diplomat
ISTANBUL – Ukraine is working with NATO member Turkey as much as possible for more support over Russia’s invasion and understands – even though it is not happy with – the reality…
Pro-Russia Serbs protest in Belgrade to support Russia and against NATO
BELGRADE – Thousands of Serbs waving Russian and Serbian flags and carrying pictures of President Vladimir Putin marched through Belgrade to the Russian embassy on Friday, to protest Serbia’s government bid to…
Russia warns U.S. to stop arming Ukraine – Washington Post
(Reuters) – Russia has warned the United States that there will be “unpredictable consequences” if Washington keeps arming Ukraine, The Washington Post reported on Friday. In Moscow, a foreign ministry spokeswoman confirmed…
Zelenskiy asked Biden to designate Russia a ‘state sponsor of terrorism’ – Washington Post
WASHINGTON – Ukrainian President Volodymyr Zelenskiy recently made a direct appeal to U.S. President Joe Biden for the United States to designate Russia a “state sponsor of terrorism,” the Washington Post reported…
Ukraine says Russia used long-range bombers on Mariupol; first time in war
(Reuters) – Ukraine’s defence ministry spokesman Oleksandr Motuzyanyk said on Friday that for, the first time since the start of its invasion, Russia used long-range bombers to attack the besieged port city…
Russia asks Brazil to help keep sway at IMF, World Bank
BRASILIA – Russia has asked Brazil for support in the International Monetary Fund, the World Bank and the G20 group of top economies to help it counter crippling sanctions imposed by the…
Russia pledges 19.5 billion roubles in state support for airlines
(Reuters) – Russia has pledged 19.5 billion roubles ($238 million) in state support for airlines to refund passengers flying on routes that have been cancelled due to sanctions, Russian Prime Minister Mikhail…
Russia can boost economy by $97 billion without inflationary risks, official says
(Reuters) – Russia can boost its economy by 7-8 trillion roubles ($85-97 billion) without stoking significant inflationary risks, a senior official said on Wednesday, as Moscow deals with supply curbs, a fall…
Biden accuses Russia of genocide in Ukraine
By Steve Holland and Jeff Mason DES MOINES, Iowa/WASHINGTON -U.S. President Joe Biden said for the first time on Tuesday that Russia’s invasion of Ukraine amounts to genocide, a significant escalation of…
Russia will launch a lunar probe and deepen space links with Belarus- Putin
(Reuters) – Russia will launch a lunar probe later this year and deepen cooperation with Belarus on space infrastructure and technology, Russian President Vladimir Putin said on Tuesday. Speaking at a meeting…
Russia recommends no Eurobond payouts if Russian holders don’t get money
(Reuters) – Russian authorities recommended a halt in issuing permits for payouts on Eurobonds if Russian bondholders do not receive payments, the finance ministry said on Tuesday. “Now, due to ongoing violations…
Analysis-Pandemic jet deals in spotlight as Airbus axes Russia delivery
By Tim Hepher PARIS – In the final hours of 2021 Airbus officially delivered two A350s to Russia’s Aeroflot, helping the jetmaker meet annual delivery targets. Months later, the jets remain in…
Analysis-Even with sanctions, Russia can afford to feed its war machine
By Mark Trevelyan and Jacob Gronholt-Pedersen LONDON – Russia can afford to wage a long war in Ukraine despite being hammered by Western sanctions aimed at crippling its ability to sustain the…
UK says ‘all options are on the table’ if Russia uses chemical weapons in Ukraine
LONDON – All options would be on the table in how the West responds to any use of chemical weapons in Ukraine by Russia, British armed forces minister James Heappey said on…
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