Zaporizhzhya nuclear plant: UN team moves in as shelling nearby risks leaks August 29, 2022 A TEAM from the United Nations’ nuclear watchdog touched down in Ukraine yesterday amid ongoing concern that Europe’s largest nuclear power plant in Zaporizhzhya is becoming a hotspot for conflict. The Zaporizhzhya plant sits on the Dnipro River and has been under Russian control since March, though remains staffed by Ukrainians. Shelling in the vicinity [...]
UK pledges to share expertise and help Ukraine rebuild transport network August 25, 2022 The UK Government has pledged to help Ukraine rebuild its war-damaged transport network, sharing private sector expertise. The news comes a day after Prime Minister Boris Johnson made an impromptu visit to Kyiv. The agreement was signed by transport secretary Grant Shapps and its Ukrainian counterpart Oleksandr Kubrakov today, a day after the country’s Independence [...]
Ukraine war: Russia kills 22 in missile strikes on rail station August 25, 2022 At least 22 people are said to have been killed during two missile strikes on a Ukrainian rail station, as Kyiv marked its 31st annual day of independence from Moscow. The attack on Chaplyne, 90 miles west of Russian-occupied Donetsk, was announced by President Volodymyr Zelenskiy during a video address to the United Nations yesterday. [...]
Britain cuts off all Russian fuel imports for first time on record August 24, 2022 Britain has bought no fuel from Russia for the first time since records began, driven by the country shunning energy from President Putin in response to the invasion of Ukraine, official figures published today show. Fuel imports from Russia plummeted to zero in June, the first time Britain has ever recorded a complete weaning off [...]
Boris Johnson makes surprise Kyiv visit on Ukraine independence day August 24, 2022 Boris Johnson has made a surprise visit to Kyiv today to mark Ukraine’s independence day. Johnson said that “I believe Ukraine can and will win this war” in what will be his final trip to the country as UK Prime Minister. Johnson also said higher energy bills were worth paying to support Ukraine and that [...]
Candy floss and burnt out tanks: Ukraine marks independence day and six month anniversary of Russia’s invasion August 24, 2022 Ukraine celebrated its 31st independence day and six months since the country was invaded by Russia, by displaying charred Kremlin tanks on the streets of Kyiv. Residents of the capital were pictured eating candy floss and celebrating the national holiday, three decades on after freeing itself from Moscow, as the remains of the Kremlin’s military vehicles [...]
Ukraine: Insurers provide first policy for grain shipment out of war-torn country August 23, 2022 Lloyd’s of London broker Ascot and insurer Marsh have written their first insurance policy for a ship carrying Ukrainian grain out of the country’s Black Sea ports following the signing of Russia and Ukraine’s safe passage deal last month. The shipping insurance policy is set to reinforce the UN brokered deal to reopen Ukraine’s seaports [...]
Navigating systemic risks: Ukraine, climate and crypto August 23, 2022 | City Talk “You cannot anticipate exactly how these risks or dangers are going to play out… But we should be pretty assertive in insisting that we need certain principles, including enough capital buffers — that is, equity unencumbered by any kind of contingent debt or anything like that — that can really withstand shocks in the core [...]
Lloyd’s of London tells insurers to halt covering state-backed cyberattacks August 18, 2022 Lloyd’s of London has said its insurers will be required to stop covering state-backed cyberattacks in their standard cyber insurance policies. The centuries-old insurance marketplace told its underwriters to make exclusions for cyberattacks launched by governments and state actors, over concerns such attacks could expose the market to unmanageable losses. “If not managed properly [a [...]
Germany will run out of gas in less than three months if Russia turns off the taps August 17, 2022 Germany will suffer gas shortages in less than three months if Gazprom cuts off supplies to the continent, warned the country's regulator.