Chinese President Xi Jinping has urged the EU not to “tie the whole world” to the crisis in Ukraine and warned it could take decades to repair the economic damage. In a virtual summit with European Union leaders on Friday, Xi told Read more…
Category: World
The recovery of the Russian ruble indicates that the West’s sanctions on Moscow are not serving their purpose, Polish Prime Minister Mateusz Morawiecki said on Saturday. A large number of states, including all the EU’s members, imposed restrictions on Russia Read more…
Japan has no intention of withdrawing from its oil and natural gas projects in Russia’s Far East, Economy Minister Hagiuda Koichi told reporters on Friday. “Japan has stakes in both [oil and gas] projects and has secured long-term supplies. The Read more…
Before taking office in 2015, President Muhammadu Buhari and his party, All Progressive Congress (APC), repeatedly criticised past governments for failing to solve Nigeria’s perennial petroleum sector problems. Mr Buhari called for a reduction in the prices of petroleum products amidst efforts Read more…
The Russian Foreign Ministry has called on the Organization for Security and Co-operation in Europe (OSCE) Secretariat “to immediately launch measures for winding down” its Special Monitoring Mission (SMM) in Ukraine. Spokeswoman Maria Zakharova said in a lengthy statement on Read more…
Ukrainian President Volodymyr Zelenskiy on Thursday said the situation in the south and the Donbas region remained extremely difficult and reiterated that Russia was building up forces near the besieged city of Mariupol. And in a rare sign of internal Read more…
Western officials are uncertain that their governments will agree to give Ukraine legally binding security guarantees similar to NATO’s Article 5, inside sources have allegedly told CNN. The news network reported, on Friday, that Kiev’s aspirations probably won’t be satisfied. Read more…
The US Treasury made exemptions to sanctions on Alisher Usmanov, the Russian businessman described by the EU as one of Putin’s “favorite oligarchs” whose current net worth is estimated to be around $19.6 billion. US officials feared that blocking the hundreds of businesses believed Read more…
Russian forces have almost completely destroyed the Ukrainian defense industry and are “finishing off” the civilian one, an adviser to President Volodymyr Zelensky, Alexey Arestovich, claimed on Thursday. Commenting on the most recent round of the negotiations between Kiev and Read more…
Russia’s lead negotiator in peace talks with Ukraine, Vladimir Medinsky, said on Wednesday that Kiev has agreed in principle to officially become neutral. The country’s bid to join NATO was one of the reasons Moscow said it launched a military offensive last Read more…
Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But a new report by CNN indicates Russian crude may be seeing a resurgence in demand—in relative secret. Russian Read more…
NATO allies strongly disagree about the extent of military aid the US-led bloc should provide to Ukraine and the prospects of talks with Russia, Bloomberg reported on Monday, quoting numerous sources and documents. Some members were said to have been “adamant” about Read more…