China’s communist leadership is pursuing opportunities to increase imports of Russian coal, oil, and gas amid the ongoing war in Ukraine. Experts say the move could help stabilize China’s continuing energy woes, but could also backfire by drawing international sanctions on itself. With Western countries weighing stricter sanctions on Russian energy exports in the months…
Russian Energy a Dangerous Opportunity for China Amid Ukraine War: Experts
US Senators Meet With Ukrainian President, Discuss Designating Russia as ‘State Sponsor of Terrorism’
U.S. Sens. Lindsey Graham (R-S.C.) and Richard Blumenthal (D-Conn.) met with Ukrainian President Volodymyr Zelenskyy in the capital city of Kyiv on July 7 to discuss legislation that would assign a terrorism designation to Russia. The proposed bill seeks to designate Moscow as a “state sponsor of terrorism” and would place Russia alongside countries like…
U.S. Senators Meet With Ukrainian President, Discuss Designating Russia as ‘State Sponsor of Terrorism’
U.S. Sens. Lindsey Graham (R-S.C.) and Richard Blumenthal (D-Conn.) met with Ukrainian President Volodymyr Zelenskyy in the capital city of Kyiv on June 7 to discuss legislation that would assign a terrorism designation to Russia. The proposed bill seeks to designate Moscow as a “state sponsor of terrorism” and would place Russia alongside countries like…
West Seeks to Unblock Ukraine’s Grain Ports, Russian Envoy Says Pull-Back Unlikely
KYIV—Ukraine’s Western allies on Friday urged Russia to allow Kyiv to ship grain out to the world as the four-month-old war threatened to bring hunger to countries far away from the battlefields. Moscow for its part accused the West of waging economic warfare on Russia by attempting to isolate it with sanctions imposed over the…
Shell Boosts Oil and Gas Asset Value as Refining Soars
LONDON—Shell said on Thursday it would reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its energy prices outlook following Russia’s invasion of Ukraine. In an update before second quarter results on July 28, Shell said its refining margins almost tripled over the period, boosted by recovering global demand…
Russia’s Parliament Passes Sweeping Wartime Economic Controls
LONDON—Russia’s parliament on Wednesday rushed through two bills imposing strict controls on the economy, requiring businesses to supply goods to the armed forces and obliging employees at some firms to work overtime. Once signed into law by President Vladimir Putin, the bills will allow the government to introduce “special economic measures” during what the Kremlin…
Bulgaria Expels Russian Diplomats, Blocks Bank Transfer to Russian Embassy
Bulgaria has blocked a bank transfer worth some $890,000 to the Russian embassy because of EU sanctions, Finance Minister Assen Vassilev said on Wednesday, several days after Sofia expelled 70 Russian diplomatic staff from the Balkan country. “There is a bank transfer to the Russian embassy which falls directly under the European Commission sanctions. There are no frozen bank…
Ukraine Raises Flag on Snake Island; Russia Responds by Striking the Island
KYIV—Ukrainian forces raised their national flag on a Black Sea island on Thursday as a symbol of defiance against Moscow, but Russian forces consolidated gains in eastern Ukraine and probed the defences of potential new targets. Moscow responded to the flag-raising ceremony fast. It said one of its warplanes had struck Snake Island shortly afterwards…
Ethnic Tensions Mar the Tragedy of MH17
Commentary One really wonders how many people still remember that on July 17, 2014, a scheduled Malaysia Airlines Flight 17 (MH17) from Amsterdam to Kuala Lumpur was shot down by pro-Russian Donetsk separatists in Ukraine. All 289 passengers and crew died in the tragedy, including 80 children. The President of Russia Vladimir Putin, denied the…
NATO’s European Powers Need to Focus on Russia so US Can Prioritise China: Expert
A professor of international politics who is an expert on NATO told a UK House of Lords committee on Wednesday the military alliance’s European powers need to take over the responsibility for confronting Russia so that the United States can concentrate on an increasingly belligerent China. Mark Webber, a professor of international politics at the…
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