U.S. Treasury Secretary Janet Yellen announced that some sanctions on Russia would likely remain in place even if the war in Ukraine ends. Yellen, who is attending the annual G-20 summit in Bali, Indonesia, said that any eventual peace agreement would generally involve a review of the sanctions that the United States and its allies have imposed…
Yellen Says Some Russia Sanctions Could Remain Even If Ukraine War Ends
November 14, 2022
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Business & MarketsDemocratseconomic policieseconomyEuropeExecutive BranchG-20 summitJanet YellenNational SecurityPolicies & ImpactsPoliticsRussia-Ukraine WarRussian sanctionsUSUS NewsWorld
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Kyiv, Moscow Trade Accusations of War Crimes and Reprisals in Newly Recaptured Kherson
Following last week’s Russian withdrawal from the city of Kherson, Kyiv has accused Moscow’s forces and their local allies of having committed numerous “war crimes” before their departure. Pro-Russian officials, for their part, claim that Ukrainian forces, which entered Kherson over the weekend, were committing “extrajudicial reprisals” against pro-Russian residents of the city. On Nov….
European Union ‘Ready’ to Enforce Russian Oil Price Cap, Says Commission President
The European Union is “ready to go” with its efforts to impose a price cap on Russian oil exports, according to Ursula von der Leyen, the president of the European Commission. “We have set all the tools necessary in place in the European Union,” von der Leyen said in an interview with Bloomberg. “It is…
UK’s Sunak Calls Russia ‘Rogue State,’ Urges G-20 Leaders to ‘Prise Open’ Putin’s Grip on Global Economy
November 14, 2022
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belt and road initiativeBusiness & MarketseconomyEuropeInternationalRishi SunakRussia-Ukraine WarUKUkraineVladimir PutinWorld
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UK Prime Minister Rishi Sunak has called Russia a “rogue state” and has called on G-20 leaders to “prise open” Russian President Vladimir Putin’s grip on the world economy. Sunak arrived in Bali, Indonesia, on Nov. 14 for the gathering of the leaders of the world’s biggest economies, in one of his first outings on…
East Asia Summit Ends Without Joint Statement Following Disagreement Between US and Russia
November 14, 2022
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Asia & PacificEast Asia SummitEuropeInternationalRussiaRussia-Ukraine WarSergey LavrovThe United StatesUSWorld
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The East Asia Summit in Cambodia concluded without a joint statement on Sunday, as Russia and the United States were unable to agree on the language of the statement, Bloomberg reported. The summit, held concurrently with the Association of Southeast Asian Nations (ASEAN) summit in Cambodia, gathered leaders from ASEAN and the United States, China,…
Russia Says No Agreement yet to Extend Black Sea Grain Deal
November 14, 2022
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Business & MarketseconomyEuropeGrain ExportInternationalRussiaRussia grain dealRussia-Ukraine WarUkraineWorld
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Russia said on Saturday there was no agreement yet to extend a deal allowing Ukraine to export grain via the Black Sea, repeating its insistence on unhindered access to world markets for its own food and fertiliser exports. Deputy Foreign Minster Sergei Vershinin was quoted by state news agency TASS as saying talks with U.N….
Kremlin Says Kherson’s Status as ‘Part of Russia’ Unchanged Despite Retreat
MOSCOW—The Kremlin said on Friday that Russian forces’ withdrawal from Kherson would not change the status of the region, which Moscow has proclaimed part of Russia after moving to annex it from Ukraine. Russia claimed Kherson and three other Ukrainian regions after holding what it called referendums in September—votes that were denounced by Kyiv and…
British Guard at Berlin Embassy Pleads Guilty to Spying for Russia
A security guard at the British Embassy in Berlin has pleaded guilty to eight charges of spying for Russia. David Ballantyne Smith, 58, entered pleas of guilty last week to eight counts of breaching the Official Secrets Act by “committing an act prejudicial to the safety or interests of the state,” but it could only be…
Ukrainian Forces Advancing Into Kherson Following Russian Military Withdrawal
Russia has fully withdrawn its forces from the west bank of the Dnipro River, including the strategic city of Kherson, according to the Russian Defense Ministry. As Moscow’s troops left, Ukrainian soldiers began to move in and were greeted by jubilant civilians, according to reports and video from various Western media outlets including Reuters, AP,…
US Announces Another Fresh Package of Security Assistance for Ukraine
The Department of Defense (DOD) on Thursday announced that the United States will send an additional $400 million worth of military equipment to Ukraine. In a press release, the DOD said the latest drawdown of equipment from U.S. inventories is the 25th authorized by the administration of President Joe Biden since August 2021. At the…
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