A series of missile strikes this past weekend by Russia against Ukrainian cities, including Lviv, the western city that has been housing a large number of the internally displaced Ukrainians, has increased the likelihood of a new wave of Ukrainian migrants. But other factors—including potential energy disruptions in Ukraine this winter and in food and…
Russia Strikes Ukrainian Towns, NATO Plans Europe Air Defences
KYIV/BRUSSELS—Russian missiles have pounded more than 40 Ukrainian cities and towns over the past 24 hours, as NATO allies meeting in Brussels unveiled plans on Thursday to jointly beef up Europe’s air defences with Patriot and other missile systems. “We are living in threatening, dangerous times,” said German Defence Minister Christine Lambrecht at a signing…
Putin Warns All Global Energy Infrastructure at Risk After Nord Stream Pipeline Blasts
Russian President Vladimir Putin has said that all energy infrastructure throughout the world is at risk following explosions on the Nord Stream 1 and 2 gas pipelines under the Baltic Sea last month. Speaking at an energy forum in Moscow on Wednesday, the Russian leader said the explosions at the pipelines were a terrorist attack that have set “the most…
Ukraine’s Admission to NATO ‘Guaranteed’ to Lead to World War 3: Russian Official
Ukraine’s admission to NATO could trigger a third world war, the Deputy Secretary of the Security Council of the Russian Federation, Alexander Venediktov, warned on Thursday. In an interview with the Russian state-owned news agency Tass, Venediktov said that NATO itself is fully aware of the consequences of Ukraine being accepted into the North Atlantic Treaty Organization. Ukraine’s…
Ukraine Needs $4 Billion a Month to Keep Government Operating: IMF
October 13, 2022
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Business & MarketseconomyEuropeExecutive BranchIMF - International Monetary FundInvestmentPoliticsRussiaRussia-Ukraine WarUkraineUSWorld
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Ukraine needs between $3 billion and $4 billion a month in financial help to ensure its government does not collapse amid its ongoing conflict with Russia, the International Monetary Fund (IMF) said on Wednesday. “Indeed, the Ukrainian authorities have done an impressive job in managing their economy through extremely difficult circumstances following Russia’s invasion,” IMF Managing Director Kristalina Georgieva said…
West Pledges to Supply Ukraine With More Air Defense; Zaporizhzhia Nuclear Plant Loses Power
KYIV, Ukraine—Western powers pledged to supply Ukraine with more potent air defense systems following a series of retaliatory Russian missile strikes. The Russian-occupied Zaporizhzhia Nuclear Power Plant suffered a “blackout” when a missile damaged a distant electrical substation, Ukraine’s state nuclear operator said. The power loss increased the risk of a radiation emergency because the…
Russia Arrests 8 for Crimean Bridge Bombing
MOSCOW—Russia’s Federal Security Service (FSB) said on Wednesday that it had detained five Russians and three citizens of Ukraine and Armenia in connection with the bombing of a vital bridge to Crimea, an attack it said was masterminded by Ukraine. The FSB said the attack was organized by Ukrainian military intelligence and its director, Kyrylo…
Putin Moots Gas Hub in Turkey With Nord Stream Supplies
October 12, 2022
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Business & Marketscrisiseconomic policieseconomyenergyEuropeGasGold and CommoditiesMarketsNordstreamPutinRussiaRussia-Ukraine WarTurkeyUkraineWorld
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MOSCOW—President Vladimir Putin said on Wednesday that Russia could redirect supplies intended for the damaged Nord Stream pipelines to the Black Sea to create a European gas hub in Turkey, or even use the one intact part of Nord Stream 2 to supply the EU. An investigation is under way into explosions last month that…
Belarus Insists Troop Deployment With Russia Is ‘Purely Defensive’
Belarus’ decision to deploy its forces alongside Russian troops is solely for defensive purposes to protect its borders, the country announced. Earlier this week, Belarusian President Alexander Lukashenko said the two nations had deployed forces together. However, he did not reveal where the military was deployed. His statement came as a bridge linking Russia to…
Japan’s Nissan Exits Russian Market, Selling Assets for Less Than $1
Japanese automaker Nissan said Tuesday that it would sell its assets in Russia to a state-owned company, joining dozens of other global companies in exiting the country over its ongoing invasion of Ukraine. Nissan will sell its local operations, including its manufacturing and research facilities in St. Petersburg and sales center in Moscow, to NAMI,…
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