David Cameron warns of “further consequences” if Russia continues to invade Ukraine August 28, 2014 David Cameron has said he is "extremely concerned" by evidence Vladimir Putin has launched a full-blown invasion in eastern Ukraine, warning there will be "further consequences" if Russia doesn't pull them out. In a statement this afternoon, the Prime Minister said the Russian president was "completely disregarding" the sovereignty of its neighbour. The international community [...]
Ukraine crisis deepens as 100 Russian lorries begin “direct invasion” August 22, 2014 The head of Ukraine's security service Valentyn Nalyvaichenko has said the unauthorised crossing of 100 Russian lorries into Ukrainian territory is tantamount to a "direct invasion", adding it was "under the cynical guise of the Red Cross – these are military vehicles". According to the Red Cross, the lorries crossed the border on Friday without [...]
Humanitarian convoy sparks war of words August 12, 2014 Tension between Russia and Ukraine flared up yesterday after officials in Kiev declared that a Moscow-sponsored convoy carrying humanitarian aid to rebels in the east would be stopped at the border. Western leaders expressed fears that convoy of 280 lorries could be a “trojan horse”, and the first step in a full-scale Russian invasion. The [...]
London Report: FTSE flat as Pru data counter geopolitical tensions in Ukraine August 12, 2014 BRITAIN’S top shares yesterday were pegged back by tension between the west and Russia over Ukraine, although robust results lifted insurance and pensions group Prudential. The FTSE 100 closed down 0.4 of a point – flat in percentage terms – at 6,632.42 points. A convoy of 280 trucks that Russia said were carrying humanitarian aid [...]
Russia to send humanitarian convoy to Ukrainian rebels August 11, 2014 Russia is to send a Red-cross aid convoy to the Ukrainian rebel stronghold of Luhansk. Western governments including Ukraine have been opposed to Russia's sending of aid, but have softened their stance. Nevertheless there was a clear warning to the Kremlin, as the EU Comission chief cautioned Vladimir Putin's government not to engage in unilateral [...]
West warns Russia not to use humanitarian mission as a pretext to invade Ukraine August 9, 2014 The UK and US governments have advised Russia against using humanitarian assistance as a cover-up for sending troops to eastern Ukraine. "I am deeply concerned by reports of an increased flow of heavy weapons crossing into Ukrainian sovereign territory from Russia and by reports of Russian armed forces exercising for a 'humanitarian intervention' in [...]
Russian markets drop further as Putin unveils new food sanctions August 6, 2014 RUSSIAN stocks took another hit yesterday, as the government in Moscow announced the expansion of its retaliatory sanctions, hitting out against the EU’s agricultural sector in particular. The Russian Micex index dropped by another 1.68 per cent to 1,335.14. The index has dropped by more than a tenth since the first week of July, before [...]
FTSE 100 tumbles to lowest point since April August 6, 2014 The FTSE 100 fell to its lowest point since 17 April today, closing at 6,636.2 – 46.3 points lower than yesterday. This decline of 0.7 per cent follows disappointing economic data for the UK and the rest of Europe: two areas from where British blue chips get around half of their sales. Figures [...]
EU could impose new hard-hitting sanctions on Russia by Thursday July 22, 2014 European foreign ministers failed to agree on fresh hard-hitting measures aimed at the Russian economy today, however new sanctions including capital restrictions could be announced by Thursday if Moscow does not cooperate on the MH17 crash investigation. Under growing pressure from the US, which says plane was brought down by a surface-to-air missile fired by pro-Russian [...]
Russia could face new US sanctions June 25, 2014 Russia could face more economic sanctions from the US amid the ongoing turmoil in Ukraine. The new sanctions would affect exports, reports the FT. According to industry executives, US companies would be required to apply for licences if they wish to export technology to Russia. The rules would apply to new projects rather than existing [...]