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…
Credit determinations committee is asked question on Russia potential failure to pay
LONDON -The EMEA Credit Derivatives Determinations Committee (CDDC) has been asked on Monday whether a potential failure to pay occurred on Russia’s hard-currency bonds, possibly bringing payout on billions of dollars in…
India should not accelerate energy purchases from Russia -U.S. administration official
WASHINGTON – U.S. President Biden discussed issues regarding Ukraine, including India’s energy purchases from Russia, with Prime Minister Narendra Modi in a virtual meeting on Monday but did not make a “concrete…
Russia says West helping Ukraine prepare fake allegations of war crimes
LONDON – Moscow said on Monday that the United States and Britain were helping Ukraine prepare fake claims about the alleged persecution of civilians in Ukraine to feed to international media in…
Hungary, Austria questioned EU blacklisting of Russia oligarchs – sources
By Francesco Guarascio BRUSSELS – Hungary and Austria questioned an EU decision to blacklist two Russian oligarchs but eventually accepted the move after pressure from other governments, European Union diplomats and officials…
Traders reroute coffee bound to Russia, demand hit from war seen
By Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a U.S. coffee…
Capacity crunch may abort U.S. satellite boom as sanctions threaten Russia launches
By Akash Sriram (Reuters) – Houston, we have a problem! U.S. rocket companies are facing the daunting task of ferrying hundreds of satellites to space in the coming years as sanctions sideline…
Ukraine bans all imports from Russia
By Lidia Kelly MELBOURNE – Ukraine has banned all imports from Russia, one of its key trading partners before the war with annual imports valued at about $6 billion, and called on…
Russia calls for integrating BRICS payment systems
(Reuters) – Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use of national currencies and integrate payment systems, the finance ministry said on…
Exclusive-AIG looks at cutting insurance for Russia, Ukraine -sources
By Noor Zainab Hussain and Carolyn Cohn LONDON – AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the risk of…
Rio Tinto got Rusal shipment weeks after vowing to cut Russia ties-data
By Joe Bavier, Clara Denina and Helen Reid JOHANNESBURG – Rio Tinto Ltd received an alumina shipment from Russia’s Rusal in late March, weeks after saying it was severing ties with Russian…
Russia says rouble appreciations poses no threat to fiscal policy
(Reuters) – The recent sharp strengthening of the rouble “does not pose a risk to Russia’s fiscal policy,” the finance ministry said on Thursday. The rouble firmed sharply in Moscow trade on…
UN General Assembly suspends Russia from human rights body
UNITED NATIONS – The United Nations General Assembly voted to suspend Russia from the Geneva-based Human Rights Council on Thursday with the U.S.-led push garnering 93 votes in favor, while 24 countries…
Russia, facing default risks, says will do all possible to pay creditors
(Reuters) – Russia will do everything to make sure its creditors receive their money, Finance Minister Anton Siluanov said on Thursday, a day after the country edged closer to a potential default…
Exclusive-Renault CEO pushes on with electric split as Russia bill looms-sources
By Gilles Guillaume PARIS – Renault chief Luca de Meo wants to press ahead with plans to create separate divisions for electric (EV) and combustion engine vehicles despite potentially costly uncertainty over…
Speed up EU climate policies to wrest free from Russia, 11 countries say
By Kate Abnett BRUSSELS – European Union nations should speed up negotiations on new climate change policies and also increase the ambition of those proposals to quit Russian fossil fuels as soon…
Factbox: How Western sanctions target Russia
By John McCrank NEW YORK – The West’s punishment of Moscow over its invasion of Ukraine ramped up this week following the discovery of civilians shot dead at close range in the…
Amplats CEO says carmakers looking for palladium after Russia sanctions
By Helen Reid JOHANNESBURG – South Africa’s Anglo American Platinum (Amplats) has received enquiries from manufacturers and carmakers seeking palladium in the wake of Western sanctions on top producer Russia, CEO Natascha…
NATO says Russia regrouping to try to take Ukraine’s Donbas
By Robin Emmott BRUSSELS – Russia is likely to launch a new offensive in Ukraine’s eastern Donbas region in the next few weeks, NATO Secretary-General Jensen Stolen said on Tuesday, adding that…
Parents of U.S. ex-Marine jailed in Russia worried ‘something terrible’ happened to him
By Kanishka Singh and Humeyra Pamuk WASHINGTON – The parents of Trevor Reed, a former U.S. Marine jailed in Russia, said on Wednesday they were worried “something terrible” has happened to him…
Taiwan tightens Russia export curbs, details tech rules
TAIPEI – Taiwan’s government said on Wednesday it was tightening export curbs to Russia as part of sanctions on the country for its invasion of Ukraine, detailing rules to prevent technology and…
Russia Expects To Get Richer Despite Being Slapped With Western Sanctions
Russia Expects To Get Richer Despite Being Slapped With Western Sanctions Thomas Catenacci on April 5, 2022 The Russian government is projecting an increase of nearly $10 billion in energy revenue in…
Twitter won’t recommend Russia govt accounts, will prohibit some POW content
By Elizabeth Culliford (Reuters) – Twitter said on Tuesday it will not recommend Russian government accounts to users as part of a rule change affecting accounts run by states which limit access…
Explainer-Can Russia make payments on its sovereign debt?
LONDON – The United States has blocked the Russian government from paying owners of its sovereign debt from reserves held at U.S. banks, raising the spectre of default unless Russia can find…
U.S. to build case for Russia war crimes in ICC or other venue -Sullivan
WASHINGTON – U.S. President Joe Biden will consult allies to ensure Russia and President Vladimir Putin pay the price for war crimes being committed in Ukraine, national security adviser Jake Sullivan said…
Russia, China woes risk worst EM corporate default wave since financial crash – JPMorgan
By Marc Jones LONDON – JPMorgan has warned that the combination of Russia’s war in Ukraine and China’s ongoing property crash could see the worst wave of corporate defaults since the global…
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