Saudi billionaire Prince Alwaleed Bin Talal invested more than $500 million in Russian firms in the days around Moscow’s invasion of Ukraine. Prince Alwaleed’s investment firm, Kingdom Holding Co., acquired depositary receipts issued by Gazprom PSJC, Lukoil PJSC and Rosneft Read more…
Hungarian National Assembly Speaker Laszlo Kover has condemned the EU’s economic sanctions on Russia as “wrong to the core,” predicting economic devastation as a result. Kover, a long-time critic of the bloc, added that Hungary’s success depends on cooperation with Read more…
Ukraine has lost “the building blocks of its economy” and may find it difficult to exist as an industrialized nation in the aftermath of the conflict with Russia, the Washington Post reported on Wednesday. The warning came in a feature Read more…
Tallinn and Helsinki have discussed integration of coastal missile batteries that would enable the two NATO members to blockade the Russian Navy in the Gulf of Finland, Estonia’s defense minister announced on Friday. This would turn the Baltic Sea into Read more…
Italy’s political heavyweight Silvio Berlusconi, who was the country’s prime minister for four terms, has announced that he’ll run for Senate in the snap election next month. “I think I’ll run for the Senate,” Berlusconi, who now leads the center-right Read more…
Any ‘Plan B’ in the talks on the Iranian nuclear program would violate a “consensus decision” of the UN Security Council on the issue and have “unavoidable negative consequences” for the entire Middle East, the Russian Foreign Ministry warned on Read more…
Ukraine will keep fighting against Russia until it regains control of the Crimean Peninsula, President Vladimir Zelensky has promised. “This Russian war against Ukraine, against the whole of free Europe, began with Crimea and it should end with Crimea – with Read more…
China has announced an end to the unprecedented military exercises around Taiwan, which were launched following the controversial visit by US House Speaker Nancy Pelosi to Taipei. The People’s Liberation Army (PLA) said on Wednesday that it had “successfully completed Read more…
Russia’s Ambassador to the US, Anatoly Antonov, has accused Washington of “adding fuel to the fire of the Ukrainian conflict” and claimed that the Biden administration is not interested in a peaceful settlement. On Tuesday, the Russian Embassy in Washington Read more…
Nigeria’s petroleum regulator said on Tuesday it stood by its refusal to approve Exxon Mobil’s $1.28 billion sale of shares in its Nigerian unit to Seplat after President Muhammadu Buhari approved the transaction. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) head, Read more…
Foreign Minister Sergey Lavrov will lead the Russian delegation to the UN General Assembly, scheduled for the end of September in New York, the Kremlin announced on Monday. President Vladimir Putin does not intend to travel to the UNGA or Read more…
Kiev is holding all of Europe hostage by carrying out strikes on the Zaporozhye nuclear power plant, Russia’s Foreign Ministry said on Monday, noting that the situation around the facility is growing increasingly dangerous due to heightened activity from Ukrainian forces. Read more…