How Much Is China Helping Russia Finance Its War In Ukraine?

How Much Is China Helping Russia Finance Its War In Ukraine?

China’s growing appetite for discounted Russian oil has made it the leading financier of the Kremlin’s war in Ukraine by giving Moscow a reliable revenue source that blunts the impact of tough Western sanctions against its economy. Four months after Moscow’s invasion of Ukraine, China has overtaken Germany as the biggest single buyer of Russian … Read more

Biden heads to Europe to keep allies united against Russia as a grinding war in Ukraine takes its toll

Biden heads to Europe to keep allies united against Russia as a grinding war in Ukraine takes its toll

Telfs-Buchen, Austria CNN – President Joe Biden departed Saturday for a week of summits in Europe, where the grinding war in Ukraine – entering its fifth month and fading from Americans’ attention – will be thrust back to the forefront. Biden hopes to announce new sanctions and military assistance alongside European allies during his visits … Read more

Russia’s ruble is at strongest level in 7 years despite sanctions

Russia’s ruble is at strongest level in 7 years despite sanctions

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Facebook Facebook logo Sign up for Facebook to connect with Jakub Porzycki Nurphoto | Getty Images Russia’s ruble hit 52.3 to the dollar on Wednesday, an increase of … Read more

Russia declares gas war on EU – POLITICO

Russia declares gas war on EU – POLITICO

Press play to listen to this article Russian President Vladimir Putin is playing hardball with the European Union – cutting off gas deliveries to some of Russia’s best customers in a howl of rage at the sanctions imposed after invading Ukraine. It’s putting enormous political pressure on governments, threatens to leave Europeans freezing if this … Read more

Russia declares gas war on EU – POLITICO

Russia declares gas war on EU – POLITICO

Press play to listen to this article Russian President Vladimir Putin is playing hardball with the European Union – cutting off gas deliveries to some of Russia’s best customers in a howl of rage at the sanctions imposed after invading Ukraine. It’s putting enormous political pressure on governments, threatens to leave Europeans freezing if this … Read more

How did the Russia-Ukraine war trigger a global food crisis? | Explainer News

How did the Russia-Ukraine war trigger a global food crisis?  |  Explainer News

Russia’s war in Ukraine is preventing grain from leaving the “breadbasket of the world” and making food more expensive across the globe, threatening to worsen shortages, hunger, and political instability in developing countries. Together, Russia and Ukraine export nearly a third of the world’s wheat and barley, more than 70 percent of its sunflower oil … Read more

War in Ukraine reached pivotal moment

War in Ukraine reached pivotal moment

Washington CNN – Ukraine’s military is burning through Soviet-era ammunition that fits older systems as the country pleads with the West to send more heavy weaponry and Russia amasses a significant artillery advantage around two strategically important cities in eastern Ukraine. Western intelligence and military officials believe Russia’s war in Ukraine is in a critical … Read more

Companies that exited Russia after its invasion of Ukraine are being rewarded with outsize stock-market returns, Yale study finds-and those that stayed are not

Companies that exited Russia after its invasion of Ukraine are being rewarded with outsize stock-market returns, Yale study finds-and those that stayed are not

The almost 1,000 companies that have opted to pull out of Russia following its unprovoked invasion of Ukraine are not just benefiting from a reputational boost. They are also being rewarded by financial markets, while those who remain behind are being punished. “We find that equity markets are actually rewarding companies for leaving Russia while … Read more

Ukraine stuns Scotland in World Cup qualifier to give war-torn country a morale boost

Ukraine stuns Scotland in World Cup qualifier to give war-torn country a morale boost

Glasgow, Scotland CNN – Despite a preparation like no other for an international football fixture, Ukraine produced a momentous performance to beat Scotland 3-1 in its World Cup playoff semifinal at Hampden Park in Glasgow Wednesday. The emotional victory, that brought many watching Ukrainian fans – sporting yellow and blue colors – to tears, puts … Read more