Russia late Friday blocked agreement on the final document of a four-week review of the U.N. treaty considered the cornerstone of nuclear disarmament which criticized its military takeover of Europe’s largest nuclear plant soon after Russian troops invaded Ukraine, an act that has raised fears of a nuclear accident. Igor Vishnevetsky, deputy director of the…
Ukraine Narrowly Escapes Nuclear Catastrophe After Plant Loses Power, Zelenskyy Says
KYIV—Ukraine’s president on Friday said the situation at the Zaporizhzhia nuclear power plant remains “very risky” after two of its six reactors were reconnected to the grid following shelling that caused Europe’s largest nuclear power plant to be disconnected for the first time in its history. Russian shelling continued to displace civilians in the east…
Putin Orders Russian Military to Beef Up Forces by 137,000
MOSCOW—Russian President Vladimir Putin on Thursday ordered the Russian military to increase the number of troops by 137,000 to a total of 1.15 million amid Moscow’s military action in Ukraine. Putin’s decree, which takes effect on Jan. 1, didn’t specify whether the military will beef up its ranks by drafting a bigger number of conscripts,…
Russia Says Over 200 Ukraine Troops Killed in Railway Station Strike, Kyiv Says It Killed 25 Civilians
KYIV—Russia’s Defence Ministry said on Thursday its forces had struck a railway station in eastern Ukraine. In its daily briefing, the ministry said an Iskander missile had hit a military train on Wednesday at the station of Chaplyne that had been set to deliver arms to Ukrainian forces on the frontline in the eastern Donbass…
Ukraine War, Energy Crisis Send German Business Sentiment to Lowest Level Since June 2020
August 25, 2022
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BusinessBusiness & MarketscrisiseconomyenergyEuropeGermanyGold and CommoditiesinflationMarketsrecessionRussia-Ukraine WarsentimentwarWorld
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BERLIN—German business morale in August fell to its lowest reading since June 2020 amid high uncertainty due to the Ukraine war, the resulting energy crisis, and fears of an economic downturn in the third quarter, a survey said on Thursday. The Ifo institute’s closely watched business climate index fell for a third consecutive month but…
Western Leaders Announce More Military Aid to Ukraine as Kyiv Marks Its Independence Day
KYIV—Ukraine was “reborn” when Russia invaded six months ago, President Volodymyr Zelenskyy said on Wednesday, marking 31 years of his country’s independence from the former Soviet Union with a vow to drive Russian forces out completely. After days of warnings that Moscow could use the anniversary of Ukraine’s Independence Day to launch more missile attacks…
Boris Johnson Makes Surprise Visit to Kyiv on Ukraine’s Independence Day
Ukraine “can and will win this war” with Russia, Boris Johnson said on a surprise visit to Kyiv on the country’s Independence Day, less than two weeks before he is set to step down as UK prime minister. Aug. 24 is the 31st anniversary of Ukraine’s independence from the Soviet Union, and also marks six…
Nord Stream Not in Charge of Aug. 31–Sept. 2 Portovaya Maintenance
August 24, 2022
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Business & MarketscrisisenergyEuropeGasGold and CommoditiesMarketsNordstreamPortovayaRussiaRussia-Ukraine WarUkraineWorld
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FRANKFURT—The Nord Stream 1 consortium is not in charge of a planned three-day maintenance at the Portovaya compressor station announced by Gazprom during which no gas will flow through the pipeline, a spokesperson for the company said. “Portovaya compressor station is located in the upstream transportation system and therefore outside Nord Stream AG’s area of…
UK, Ukraine Launch Talks on Digital Trade Deal to Help Rebuild War-Torn Economy
August 24, 2022
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Anne-Marie TrevelyanBoris JohnsonEuropeliz trussRussia-Ukraine WarUKUkraineVadym PrystaikoVladimir PutinWorld
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The UK and Ukraine have kicked off talks on a new digital trade agreement, which is intended to help Ukraine rebuild its economy following the Russian invasion. The digital trade agreement will aim to support Ukrainian businesses by cutting red tape and helping them to trade with the UK more efficiently through technology such as…
Biden Announces $3 Billion in New Military Aid for Ukraine
President Joe Biden on Aug. 24 announced his administration is giving $3 billion more to Ukraine as the war there continues. “The United States of America is committed to supporting the people of Ukraine as they continue the fight to defend their sovereignty,” Biden, a Democrat, said in a statement. He said the $3 billion would…
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