ISTANBUL—Western sanctions have given the Turkish metals sector a chance to serve as “warehouse and bridge,” the head of an industry group said, citing increased interest from Russian companies and also from EU companies seeking to sell to Russia via Turkey. The West, including Britain and European Union countries, have imposed sanctions on Russian elites,…
Turkey Offers ‘A Warehouse and Bridge’ for Metals Trade to Russia
August 8, 2022
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Medvedev: Russia Will Achieve Its Aims in Ukraine
LONDON—Former Russian President Dmitry Medvedev said on Monday that Russia would achieve its aims in the conflict in Ukraine on its own terms, warning that the West had a long-term plan to destroy Russia. “Russia is conducting a special military operation in Ukraine and is attaining peace on our terms,” Medvedev, who serves as deputy…
Russia Bans Western Investors From Selling Banking, Key Energy Stakes
August 6, 2022
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Business & MarketsCompaniescrisisDecreeeconomic policieseconomyenergyEuropeInvestmentMarketsRussiaRussia-Ukraine WarstocksUkraineVladimir PutinWorld
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MOSCOW—Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the year, stepping up pressure in the sanctions stand-off with the West. Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February. Moscow…
Ukraine Under Pressure in East as NATO Chief Says Russia Must Not Win
KYIV—Ukraine said on Thursday it had been forced to cede some territory in the east of the country in the face of a Russian offensive, and the head of the NATO military alliance said Moscow must not be allowed to win the war. Ukrainian President Volodymyr Zelenskyy this week described the pressure his armed forces…
‘The Turbine Works:’ Germany’s Scholz Points Finger at Russia in Energy Row
August 3, 2022
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MUELHEIM AN DER RUHR, Germany—German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return of a gas turbine for the Nord Stream 1 pipeline that had been serviced in Canada but has since been stranded in Germany in an escalating energy standoff. Standing next to the turbine on a…
Euro Area to Get Back Half What It’s Spending on War Fallout: ECB
August 2, 2022
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FRANKFURT—Eurozone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies and other support measures, the European Central Bank said on Tuesday, telling governments to use their cash more efficiently. The 19 countries that share the euro approved support measures worth 0.9 percent of…
Zelenskyy Announces Mandatory Evacuation of Donetsk Region
KYIV—Ukrainian President Volodymyr Zelenskyy said on Saturday his government was ordering the mandatory evacuation of people in the eastern Donetsk region, scene of fierce fighting with Russia. In a late-night television address, Zelenskyy also said the hundreds of thousands of people still in combat zones in the larger Donbas region, which contains Donetsk as well…
Ukraine Claims Scores of Russians Killed in Kherson Fighting
ODESA/KYIV, Ukraine—The Ukrainian military said on Saturday it had killed scores of Russian soldiers and destroyed two ammunition dumps in fighting in the Kherson region, the focus of Kyiv’s counter-offensive in the south and a key link in Moscow’s supply lines. Rail traffic to Kherson over the Dnipro River had been cut, the military’s southern…
Russia’s Lavrov Says Moscow Will Propose Time for Call With Blinken on Prisoners
July 29, 2022
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Antony BlinkenBrittney GrinercrisisEuropeExecutive BranchNBAPaul whelanPoliticsprisonersRussiaRussia-Ukraine WarSergei LavrovSportsSports NewsUkraineUSUS NewsWorld
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TASHKENT—Russian Foreign Minister Sergei Lavrov said on Friday that Moscow would soon propose a time for a call with U.S. Secretary of State Antony Blinken, in which Blinken has said he wants to discuss an exchange of prisoners held in Russian and U.S. jails. Blinken said on Wednesday that Washington had made a “substantial offer”…
Russia Says Ukraine Shelling Killed Dozens of Ukrainian POWs; Ukraine Denies the Attack
KYIV, Ukraine—Russia and Ukraine accused each other Friday of shelling a prison in a separatist region of eastern Ukraine, an attack that reportedly killed dozens of Ukrainian prisoners of war who were captured after the fall of a southern port city in May. Russia said Ukraine’s military used U.S.–supplied multiple rocket launchers to strike the…
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