Roman Abramovich and Ukraine: Where is the Chelsea sale money two years on? May 30, 2024 The proceeds totalling £2.5bn from Roman Abramovich’s sale of Chelsea FC still remain unused two years on.
Red-faced Putin: Russia now ready to ‘negotiate’ over Ukraine war December 25, 2022 President Vladimir Putin said Russia was ready to negotiate with all parties involved in the war in Ukraine but that Kyiv and its Western backers had refused to engage in talks. Russia’s Feb. 24 invasion of Ukraine has triggered the most deadly conflict in Europe since World War Two and the biggest confrontation between Moscow and the West since [...]
Even if Putin is ousted, it is unlikely to bring about the end of the war in Ukraine June 27, 2023 The Prigozhin mutiny over the weekend showed a weakened Vladimir Putin, yet it's unlikely to change the course of the war in Ukraine - which has long turned into a stalemate, writes John Hulsman
The west forgot about Crimea. It cannot forget about the rest of Ukraine May 31, 2023 It is perhaps easy to become fatigued by news of the war in Ukraine. It is now fifteen months since Vladimir Putin’s tanks rolled over the frontier for what they thought would be a straightforward victory, an imperial conquest more akin to 1940 or the Napoleonic era than the 21st century. Through sheer bloody-mindedness as [...]
Russia and Ukraine extend Black Sea grain deal in bid to lower global food prices March 18, 2023 An unprecedented wartime deal that allows grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat has been extended. The extension was announced by the United Nations and by Turkish President Recep Tayyip Erdogan, but neither confirmed the length of the extension. The UN, Turkey [...]
Gold hits record high on hopes of Fed rate cut August 20, 2024 The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut interest rates. The surge in the price of the precious metal, a safe haven asset for investors due to its real world use cases and widely held intrinsic value, [...]
NATO must commit 2.5 per cent defence spending, Cameron to argue May 9, 2024 NATO allies must commit to spending 2.5 per cent of GDP on defence, amid the need for a “harder edge for a tougher world”, David Cameron will say.
Nissan confirms full exit from Russia and takes ‘one-off impact’ of £620m loss October 11, 2022 Nissan has announced its full exit from Russia eight months after the invasion of Ukraine, taking a “one-off impact” of around £620m. Signalling its “imminent” departure from the country, the Japanese car giant approved the sale of Nissan Manufacturing Russia’s operations to NAMI, the Central Research and Development Automobile and Engine Institute. Nissan said it [...]
Moscow’s elite in shock as another close Putin ally suddenly dies: Gazprom ‘wonderkid’ and Kremlin insider Nikolay Petrunin is no more October 17, 2022 Rumours are flying in Moscow today as it has emerged that another one of Vladimir Putin’s close allies has suddenly dies. Nikolay Petrunin, a 46-year-old Russian multimillionaire and a close confidant of the Russian president, is no more. The official reason by authorities was that the Gazprom executive has died as a result of complications [...]
Grocery inflation hits lowest level in two years, but non-food items keep rising February 27, 2024 Shop price inflation or the rate at which these goods increase has slowed to 2.5 per cent in February, marking the lowest level recorded in close to two years. British Retail Consortium’s (BRC) latest reading showed food inflation also slowed to 5.0 per cent this month, down from 6.1 per cent in January and is [...]