Nickel crisis: LME faced ‘unprecedented circumstances’, lawyer claims June 21, 2023 The LME argues it was justified in closing the market and cancelling trades because $19.7bn of margin calls would have created systemic risk.
What a new world order might mean for the global economy July 18, 2022 Russia’s invasion of Ukraine has opened fault lines between nations which will affect trade relations and investment for years to come. The war in Ukraine is already having a significant effect on inflation and activity in the world economy as commodity prices have soared and supply chains have been disrupted. Inflation in the G7 was [...]
UK begins to withdraw embassy staff from Ukraine amid fears of Russian invasion January 24, 2022 The UK and US have moved to withdraw some of their staff from their respective Ukraine embassies as fears continue to mount that Russia is preparing to launch a military invasion of its neighbour. The Foreign Office said there were increased fears over a Russian attack on Ukraine and said the situation had become “highly [...]
Johnson: Putin’s ‘barbaric venture’ in Ukraine must ‘end in failure’ February 24, 2022 Boris Johnson has vowed that Vladimir Putin’s “hideous and barbaric” venture into Ukraine must “end in failure” as he pledged that the UK will “always defend” the right of Ukrainians to be a sovereign nation. Speaking to the nation at midday today, Johnson said the UK and its western allies would “agree a massive package [...]
Reckitt Benckiser begins process to ditch Russian arm April 14, 2022 Reckitt Benckiser has started the process to offload its Russian business, following the country's invasion of Ukraine.
Protestors flock to Trafalgar Square in support of Ukrainians March 5, 2022 Demonstrators have gathered in their hundreds in London’s Trafalgar Square today, to show solidarity with Ukrainians and protest against Russian president Vladimir Putin’s regime. The #StandWithUkraine protest comes amid a failed ceasefire, in which Russia and Ukraine agreed to halt artillery fire to allow for safe civilian passage in two areas of Ukraine, which failed [...]
Furious Putin lashes out at ‘scum and traitors’ as Ukraine invasion stalls and yet another Russian general is killed March 17, 2022 Russia’s president Vladimir Putin appeared on Russian state television late last night to excoriate Russians who do not back him, even as both sides expressed optimism over efforts to negotiate an end to the fighting. Russians “will always be able to distinguish true patriots from scum and traitors and will simply spit them out like [...]
Putin warns war will continue ‘until the end’ unless Russia’s terms are met while airstrike kills 22 and talks resume March 3, 2022 At least 22 civilians have been killed in a Russian airstrike on the northern Ukrainian city of Chernihiv, Ukraine said, while Ukrainian forces are battling Russian troops for control of Enerhodar, which has Europe’s largest nuclear plant, the city’s mayor told various media outlets. Meanwhile, Ukraine President Zelensky’s office said this afternoon the second round [...]
UK urged to abolish energy price cap in bid to boost competition and lower bills August 8, 2023 The energy price cap should be abolished, as it is raising bills for customers and stifling competition in the market.
Ukraine war Day 6: Russia admits close to 500 of its troops are dead with thousands wounded March 2, 2022 Some 498 Russian troops have been killed in Ukraine, with 1,597 wounded, Russia’s Defence Ministry said in its first report of military casualties since the country invaded its eastern European neighbour last week. Moreover, the Russian bombardment of Kharkiv in Ukraine has killed 21 people and hurt 112, a Ukrainian official said. Some Russian planes [...]