Russian President Vladimir Putin said on Thursday that Russian companies will not block off their oil wells despite the West’s efforts to lessen its dependence on energy supplies from Moscow. The United States introduced its embargo on Russian imports in March just days after Moscow sent its troops into Ukraine, while the European Union agreed…
Putin Says Russia Will Not Mothball Oil Wells Despite West’s Import Ban
June 10, 2022
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Business & Marketscommoditiescrisiseconomic policieseconomyEuropeMarketsOilRussiaRussia-Ukraine WarUkraineVladimir PutinwellsWorld
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Russian Gas Deliveries to Europe via Main Routes Remain Steady
Russian gas delivery to Europe via the Nord Stream 1 pipeline across the Baltic Sea and through Ukraine remained stable on Friday morning, while eastbound flows rose along the Yamal-Europe pipeline to Poland from Germany, operator data showed. Flows to Germany through the Nord Stream 1 were at 62,085,568 kWh/h on Friday morning, similar to…
Downing Street Vows to Try to Free British Men Sentenced to Death by Pro-Russian Court
Downing Street on Friday said Prime Minister Boris Johnson has told ministers to do “everything in their power” to free two British citizens sentenced to death by a pro-Russian court. Aiden Aslin, 28, and Shaun Pinner, 48, both from England, were sentenced to death on Thursday along with a Moroccan national, Brahim Saadoun, 21, by the Supreme…
Intense Fighting Reported in Ukraine’s Bombed-Out Sievierodonetsk
KYIV—Ukrainian forces were holding their positions in intense street fighting and under day and night shelling in Sievierodonetsk, officials said, as Russia pushes to control the bombed-out city, the key to its objective of controlling eastern Ukraine. Sievierodonetsk and its twin city Lysychansk, on the opposite bank of the Siverskyi Donets river, are the last…
Two Britons, One Moroccan Sentenced to Death by Court of Russian Proxy in Ukraine
LONDON—Two Britons and a Moroccan who were captured while fighting for Ukraine were sentenced to death on Thursday by a court in the self-proclaimed Donetsk People’s Republic (DPR), one of Russia’s proxies in eastern Ukraine, Russian news agencies reported. The court found the three men—Britons Aiden Aslin and Shaun Pinner and Moroccan Brahim Saadoun—guilty of…
Two Britons, Moroccan Risk Death Penalty After Guilty Pleas in Donetsk Court: Russian News Agency
Two Britons and a Moroccan who were captured while fighting for Ukraine could face the death penalty after pleading guilty in a court of one of Russia’s proxies in eastern Ukraine, Russia’s RIA news agency reported. Video published by RIA showed Britons Aiden Aslin and Shaun Pinner and Moroccan Brahim Saadoun in a courtroom cage…
Fertilizer Costs Could Prolong Global Food Tensions: FAO
June 10, 2022
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Business & Marketseconomic policieseconomyEuropeFertilizer CostFood and Agriculture OrganizationGlobal Food TensionInternationalMarketsRussia-Ukraine WarWorld
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PARIS—Spiralling costs for farm inputs like fertiliser could deter growers from expanding production and worsen food security in poorer countries facing record import bills, the United Nations’ food agency said on Thursday. An index of input costs for farmers was running at a record high and had climbed more steeply than food prices in the…
Ukraine Eyes Billions in Euros From Europe Electricity Exports
June 10, 2022
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Business & Marketseconomic policieseconomyenergyEuropeexportsMarketsRussiaRussia-Ukraine WarUkraineWorld
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KYIV—Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn more in the future after obtaining the right to export its energy there, a Ukrainian energy ministry adviser said on Wednesday. Former Soviet Ukraine’s electricity grid began planning to decoupling itself from the…
Russia, Turkey Back Plan to Export Grains; Ukraine Doubtful
June 10, 2022
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Business & Marketsconditioneconomic policieseconomyEuropeInternationalMarketsRussiaRussia-Ukraine WarUkraine Grain ExportWorld
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ANKARA, Turkey—Russia and Turkey voiced support Wednesday for a safe corridor in the Black Sea to allow Ukrainian grain exports, but Kyiv rejected the proposal, saying it was not credible. The European Union accused Moscow of “weaponizing” food supplies to gain an advantage in the war. Russia also demanded Ukraine remove mines from the Black…
Russian Parliament Votes to Break With European Court of Human Rights
June 10, 2022
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Business & MarketsECHReconomic policieseconomyEuropeEuropean Court of Human RightsMarketsRussia-Ukraine WarRussianUkraineWorld
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LONDON—Russia’s parliament on Tuesday passed a pair of bills ending the European Court of Human Rights’ (ECHR) jurisdiction in the country. Parliament’s lower house, the Duma, approved two bills—one removing the country from the court’s jurisdiction and a second setting March 15 as the cut-off point, with rulings against Russia made after that date not…
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