Week ahead: Fears over Russia-Ukraine escalation to loom over City March 6, 2022 An intensification in the Russia-Ukraine war will drive investors’ moves this week in the City. The capital’s premier FTSE 100 index had a torrid time last week, losing nearly seven per cent of its value, its worst week since March 2020 when the UK was plunged into lockdown. Traders were spooked by the potential economic [...]
G7 pledges to cap Russian oil as West ramps up sanctions on Kremlin June 27, 2022 The Group of Seven is preparing to cap Russian oil as part of a fresh package of sanctions in response to Russia's invasion of Ukraine.
China as peacemaker? Russia’s invasion of Ukraine pulls Beijing’s position into question March 2, 2022 China’s foreign minister has said today that it is “concerned about the damage done to civilians” in Russia’s invasion of Ukraine, pulling Beijing’s position on the war into question. Six days into the conflict, Russian president Vladimir Putin has been accused of war crimes for indiscriminately targeting civilians, residential areas and hospitals. Speaking to his [...]
Kremlin cronies face more sanctions while furious Putin fires eight generals: ‘Clusterf**k’ invasion not going well’ March 15, 2022 More family members of Russian oligarchs can expect to be targeted with sanctions, a UK official said this afternoon. The official, asked about the potential to sanction family members of Russian elites, said: “Yes, there is actually quite a wide range, out of the 370, who are family members. “There is a number of members, [...]
China calls friendship with Putin ‘ironclad’ amid heavy fighting and claims 10,000 Russian soldiers are now dead March 8, 2022 China’s foreign minister has called Russia his country’s “most important strategic partner” as Beijing continues to refuse to condemn the invasion of Ukraine despite growing pressure from the US and European Union (EU) to use its influence to rein Moscow in. Wang Yi said Chinese ties with Moscow constitute “one of the most crucial bilateral [...]
Truss: Russian assurances they will not invade Ukraine are ‘false’ February 6, 2022 Russia’s assurances that they have no plans to invade Ukraine are “false”, according to foreign secretary Liz Truss. Truss last night warned against Russia’s “attempts to subvert and threaten” its neighbour in the wake of new US intelligence suggesting Vladimir Putin could invade Ukraine in just days. New US intelligence assessments found Russia is close [...]
Easter Reads part one: the best in our opinion pages on politics, the economy and Ukraine April 16, 2022 Back when partygate was “seemingly” subsiding, Giles Kenningham looked at another political headache for Johnson, one with a much longer legacy: the future of the Union. The pandemic gave a taste of greater independence to the devolved nations, and now some want to keep it – surely, that’s the case with Scotland’s Nicola Sturgeon. To [...]
Kremlin to net $180bn tax windfall from energy price surge May 2, 2022 The Kremlin is set to receive a tax windfall from its brutal invasion of Ukraine sending energy prices soaring, reveals analysis released today. Revenue from oil and gas sales “will increase significantly to more than $180bn (£143bn)” this year, energy consultancy Rystad Energy estimates, a 45 per cent and 181 per cent surcharge compared to [...]
Cost of living crisis forces Brits to abandon saving, with more than one in five taking on EXTRA debt February 22, 2023 The cost of living crisis is poised to force Brits to shun setting cash aside each month for a rainy day, official figures out today show. More than four in 10 of the population expect to save no money whatsoever over the next year, according to the Office for National Statistics (ONS). Inflation has raced [...]
Iowa caucuses: Trump well ahead of rivals in Republican race January 14, 2024 Donald Trump maintained a significant lead ahead of his rivals in a highly anticipated poll on the final full day of campaigning before the Iowa caucuses.