The German-language press refers to Turkey’s decision to close the Bosphorus and Dardanelles straits. A look back at a complex historical issue. “Turkey closes Bosphorus for Russian navy” is the title of the Swiss New Zürcher Zeitung (NZZ)“The Turkish Straits are the only passage from the Black Sea to the high seas and are therefore […]
Tag: Russia
Shipping giant MSC suspends shipping to and from Russia
Shipping MSC has stopped shipping cargo and containers to and from Russia, but will continue to receive food and humanitarian aid shipments, the world’s largest freight shipping company said on Tuesday. The Geneva-based MSC announced that its decision would take effect immediately, from 1 March, “temporarily suspending all cargo shipments to / from Russia, covering […]
‘Tomorrow the second round of negotiations between Kiev and Moscow’, say Russian media
LAST UPDATE: 16.51 The second round of talks between Russia and Ukraine is scheduled for tomorrow, Wednesday, March 2, Reuters reported, citing the Russian news agency TASS, citing its own source. Earlier, the English-language news channel of China Central Television CGTN reported that the second round of talks between Ukraine and Russia may take place […]
Nord Stream 2 pipeline management company ready to file for bankruptcy – Employees fired
The Swiss-based company, which manages the Russian-German gas pipeline Nord Stream 2, which has never started transporting cargo, is considering bankruptcy, two sources familiar with the matter told Reuters, in order to cover obligations before the application of US sanctions, which will block any corporate transaction. The United States imposed sanctions on Nord Stream 2 […]
Britain bans ships bound for Russia from its ports
LAST UPDATE: 14.47 Britain said on Tuesday it had passed a law banning all ships with any connection to Russia from entering its ports, according to Reuters. Britain said Monday it wants all ports to deny entry to Russian-flagged ships as it drafts new legislation. “We have just become the first nation to pass a […]
Kremlin: We will not succumb to Western sanctions on Ukraine
Western sanctions will never force Russia to change its position on Ukraine, the Kremlin said on Tuesday, according to Reuters. Responding to a barrage of Western sanctions over Russia’s invasion of Ukraine, Kremlin spokesman Dmitry Peshkov said: “They think they will force us to change our position. That is out of the question.” Peshkov told […]
‘Civil’ of oligarchs in Russia – Who disagrees with Putin’s invasion
By Rachel Sandler As US and Europe tighten sanctions on Russian billionaires – including promising to “hunt down their yachts and mansions”, oligarchs who made their fortunes through their loyalty to Vladimir Putin President at the expense of Ukraine. No one directly mentions Putin, but public statements calling for peace are an unprecedented sign of […]
The war in Ukraine is testing Sino-Russian relations
Many are wondering if China will help Russia deal with the effects of sanctions. How close are Beijing-Moscow relations really? In early February, Russian President Vladimir Putin and Chinese President Xi Jinping attended the opening ceremony of the Beijing Winter Olympics. Shortly after the end of the top winter sports event, the invasion of Ukraine […]
Investors are reducing their exposure to Russian positions
Major investors, including hedge fund Man Group and British asset management company Abrdn, say they are reducing their holdings of Russian assets following the country’s invasion of Ukraine. The announcement comes as shares in several European banks remained stable after Monday’s sharp drop due to the exposure of banks in Russia, but the industry remains […]
Ukrainian sources: Belarusian troops have invaded Ukrainian territory in the Chernihiv region
LAST UPDATE: 12.33 Belarus has reportedly recently entered the war – Russia’s invasion of Ukraine, with Belarussian forces entering the Ukrainian province of Chernihiv in the north of the country, according to the Ukrainian parliament’s Twitter account. In the post, the Verkhovna Rada (Ukrainian Parliament) confirms reports that Belarusian soldiers have already invaded Ukrainian territory. […]
