Ten Russian oligarchs who were recipients of the UK’s so-called “golden visas” have since been sanctioned as a result of the invasion of Ukraine, UK Home Secretary Suella Braverman has revealed. The Tier 1 Investor visa, launched in 2008, has often been called a “golden visa,” as it offered residency to those investing £2 million…
10 Russian Oligarchs Who Used ‘Golden Visa’ Route to UK Have Since Been Sanctioned: Minister
January 12, 2023
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Europegolden visasRussia-Ukraine WarRussian Invasion of Ukrainerussian oligarchsSuella BravermanUKWorld
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Soaring Fertilizer Prices Following Russia–Ukraine War Could Lead to One Million More Deaths: Study
Rising fertilizer prices due to the ongoing Russia–Ukraine war could end up killing a million people globally, act as a major driver of food inflation this year, while affecting most of the poorer segments of society. “This could be the end of an era of cheap food. While almost everyone will feel the effects of…
Russian Forces Claim Victory in Soledar, Set Sights on Bakhmut
January 12, 2023
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ArchivedBakhmutBelarusEuropeInternationalNewsRussiaRussia-Ukraine WarSoledarUkraineValery GerasimovWorld
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Russian forces are reportedly advancing on the flashpoint town of Bakhmut having claimed victory in the nearby town of Soledar—assertions denied by officials in Kyiv. “We have made clear progress,” Igor Kimakovsky, a spokesman for the Moscow-backed Donetsk People’s Republic (DPR), claimed on Jan. 12. “Soledar is practically ours,” Kimakovsky was quoted as saying by…
Navy Secretary Warns Arming Both US and Ukraine May Become ‘Challenging’ in Next 6 Months
Navy Secretary Carlos Del Toro warned on Jan. 11 that arming both Ukraine and the United States may become challenging in the coming months amid a shortage of weapons. Del Toro made the comments at the Surface Navy Association conference in Arlington, Virginia, when asked whether the Navy will soon have to choose between arming itself and helping…
Report: Oil Price Cap Takes Small Slice of Russia’s Revenue
FRANKFURT, Germany—A price cap and European Union embargo on most Russian oil have cut into Moscow’s revenue from fossil fuels, but the Kremlin is still earning substantial cash to fund its action in Ukraine because the $60-per-barrel cap was “too lenient,” researchers said Wednesday. The combination of the cap by the Group of Seven major…
US to Begin Training Ukrainian Troops to Use Patriot Missile System in Oklahoma
Around 100 Ukrainian troops are set to arrive in the United States as soon as next week to begin training on how to use the Patriot surface-to-air guided-missile defense system. “I can confirm that training for Ukrainian forces on the Patriot air defense system will begin as soon as next week at Fort Sill, Oklahoma,”…
Kremlin Says It Hasn’t Seen Cases of Oil Price Caps
January 11, 2023
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Business & MarketscrisisenergyEuropeGold and CommoditiesMarketsOilRussiaRussia-Ukraine WarsanctionsUkraineWorld
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MOSCOW—The Kremlin said on Wednesday it had not yet seen any cases of price caps on Russian oil imposed by the West last month, in comments about possible losses from such measures. Some analysts have previously said that the caps will have little immediate impact on the oil revenues that Moscow is currently earning. Currently,…
US Says Iran May Be ‘Contributing’ to War Crimes in Ukraine
MEXICO CITY—The Biden administration said Monday that Iran’s sale of lethal drones to Russia for use in its ongoing invasion of Ukraine means the country may be “contributing to widespread war crimes.” National Security Adviser Jake Sullivan leveled the charge against Iran on Monday as he spoke to reporters accompanying President Joe Biden on a…
Russia Dismisses NATO Delivery of Armored Vehicles to Ukraine
The Russians dismissed the news of Western armored vehicles to Ukraine as inconsequential to the course of the conflict. France, Germany, and the United States said last week that they would send light armored combat vehicles to Ukraine to fulfill their pledge to send more military support to Kyiv. Ukraine has been asking its Western…
Kyiv Fortifies Eastern Front Amid Claims of Russian Breakthroughs in Donetsk Region
Kyiv is reportedly rushing reinforcements to the eastern Donetsk region amid unconfirmed reports of Russian gains in and around the flashpoint towns of Bakhmut and Soledar. “Our troops in Soledar have been allocated additional forces,” Serhiy Cherevaty, a spokesman for the Ukrainian military’s Eastern Command, said on Jan. 9. “Everything is being done to improve…
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