“If what was announced in the last few days as sanctions was on the table a few months ago and Europe had taken decisions like these, with the common foreign policy, trying to show that it is making a new defense dogma, before this extreme state of illegal invasion “Putin’s visit to Ukraine, then things […]
Tag: Russia
Swedish truck company AB Volvo suspends production in Russia
Swedish truck maker AB Volvo has suspended all production and sales in Russia due to the Ukraine crisis, the company announced today. The Volvo Group derives about 3% of its sales from Russia and has a plant in the country. “We now have a little more clarity on sanctions and security in the region; that […]
Kremlin: The economic reality has changed, we have confidence in the central bank
The Kremlin announced today that the economic reality had changed but sees no reason why it should question the effectiveness and credibility of the central bank, which raised interest rates to 20% as it tries to shield the economy from unprecedented Western sanctions. The bank has also imposed capital controls as the West seeks to […]
Borrell: EU strongly condemns Belarus’s involvement in aggression against Ukraine
The EU has reiterated its condemnation of Belarus ‘involvement in Russia’s aggression against Ukraine, and expressed concern over the deletion of a reference to Belarus’ non-nuclear regime. In a written statement on the Minsk referendum, High Representative Josep Borrell said: “The EU strongly condemns Belarus’s continued involvement in the ongoing aggression against Ukraine and will […]
Kremlin: EU arms supplies to Ukraine dangerous
LAST UPDATE: 13.05 The Kremlin on Monday accused the European Union of being hostile to Russia, saying arms supplies to Ukraine were dangerous and destabilizing and showed that Russia was right in its efforts to demilitarize its neighbor, according to Reuters. The West has stepped up arms supplies to Ukraine to help defend itself against […]
N. Iliopoulos: The condemnation of the Russian invasion of Ukraine is clear
“The condemnation of the current invasion and violation of international law in Ukraine must be unanimous and clear,” SYRIZA-Progressive Alliance spokesman Nassos Iliopoulos told SKAI. He stressed that “we must clearly support Ukraine so that the invasion can end quickly. Greece must assist with humanitarian aid and support the refugees.” He stressed that “also, we […]
Zelensky to Russian soldiers: Save your lives and leave
LAST UPDATE: 11.30 Ukrainian President Volodymyr Zelensky has said that 4,500 Russian soldiers have been killed so far in fighting between Russian and Ukrainian forces. According to Reuters, Zelensky sent a message to the Russian soldiers, telling them “save your lives and leave”. He also said that Ukraine would release prisoners with military experience if […]
British Ministry Defense: Tough Ukrainian resistance delays Russian advance on Kyiv
Russia’s advance towards the Ukrainian capital, Kyiv, has been delayed due to supply problems, but also due to fierce Ukrainian resistance, the British Ministry of Defense said in its latest update. “The large volume of Putin’s ground forces remains more than 30 kilometers north of Kiev, mainly due to the resistance of Ukrainian forces at […]
What will happen to the large Russian investments in Greece
of Eleni Botas It remains unknown what will happen with the large Russian investments in Greece, as stated by a market executive who does not want to be named “at the moment everything is in the air”. On Saturday, Russian tycoon Roman Abramovich announced his resignation from the leadership of Chelsea after 20 years. Following […]
Get ready for ‘Soviet’ exchange rates and ‘earthquake’ in crypto after SWIFT shock
By Billy Bambrough Prices for Bitcoin, Ethereum and other cryptocurrencies rallied last week as the Russian invasion of Ukraine sparked fears of “catastrophic market changes”. Bitcoin fell below $ 35,000 to then recover. Ethereum and other major cryptocurrencies were just as volatile as investors became increasingly concerned about developments. The traders are preparing for even […]
