Goldman Sachs is warning that markets are a bit too relaxed about the risk posed by the Ukraine situation and economists at the bank have predicted the American economy to fall into recession next year. Current prices in the market are no longer reflecting the negative scenarios that could pan out from the Russia-Ukraine conflict….
Ukraine Risk Far From Over, US Could Enter Recession in 2023: Goldman Sachs
Putin: Russia Has No Plans to ‘Occupy’ Ukraine, ‘Real Genocide’ Happening in Donbas Region
Russian President Vladimir Putin has declared that his country does not want to occupy Ukraine as Moscow’s invasion entered the fourth week with no end to conflict in sight. “The appearance of Russian troops near Kyiv and other cities of Ukraine is not connected with the intention to occupy this country. We do not have…
Mississippi Attorney Files Lawsuit Requesting $10 Billion Judgment Against Putin
March 17, 2022
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EuropeJudiciaryMississippiPresident Vladimir PutinRegional NewsRegional-Local NewsRussiaRussia Ukraine invasionRussia-Ukraine WarUkraineUSWorld
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A Mississippi attorney has filed a lawsuit in the Circuit Court of Madison County against Russian President Vladimir Putin alleging negligence, gross negligence, recklessness, and intentional war mongering. Attorney David Merideth, who listed himself as the plaintiff in the lawsuit (pdf), requested a judgment against Putin, the defendant, and relief in the amount of $10 billion, with…
Russia Has Withstood ‘Economic Blitzkrieg,’ Citizens Must Prepare for Inflation and Unemployment: Putin
March 17, 2022
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Business & Economyeconomic policieseconomyEuropeinflationMarketsNew Sanctions on RussiaPresident Vladimir PutinRussia Ukraine invasionRussia-Ukraine Warunemployment rateWorld
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President Vladimir Putin is claiming that Russia has survived widespread international economic sanctions following Moscow’s invasion of Ukraine, but he admitted that the country will see rising inflation and unemployment in the future. Putin defended the military action in a televised government meeting March 16 and called on Russian citizens to “mobilize” to face the…
White House on No-Fly Zone: ‘We Are Not Interested in Getting into WWIII’
March 16, 2022
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EuropeExecutive BranchJen PsakiNATONo-fly ZonePoliticsRussiaRussia Ukraine invasionRussia-Ukraine WarUkraineUSVladimir PutinVolodymyr ZelenskyWorld
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The White House on Wednesday stood firm on its opposition to a no-fly zone over Ukraine after Ukrainian President Volodymyr Zelensky made an appeal for further assistance during a rare wartime speech to both chambers of Congress. In his address to Congress, Zelensky again called on the Biden administration to help enforce a no-fly zone…
Supports No-Fly Zone Over Ukraine If Russia Uses Chemical Weapons: Lindsey Graham
Sen. Lindsey Graham (R-S.C.) is willing to support the Biden administration if it seeks to implement a no-fly zone over Ukrainian airspace if the Russian military deploys chemical weapons in its ongoing war against Kyiv. “I don’t want a no-fly zone, but if there’s the use of chemical weapons by [Russian President Vladimir] Putin against…
Lindsey Graham Supports No-Fly Zone Over Ukraine If Russia Uses Chemical Weapons
Sen. Lindsey Graham (R-S.C.) is willing to support the Biden administration if it seeks to implement a no-fly zone over Ukrainian airspace if the Russian military deploys chemical weapons in its ongoing war against Kyiv. “I don’t want a no-fly zone, but if there’s the use of chemical weapons by [Russian President Vladimir] Putin against…
Russian Forces Take at Least 400 Hostage at Mariupol Hospital: Ukrainian Official
March 15, 2022
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Business & Economyeconomic policieseconomyEuropehostageMariupolMarketsRussiaRussia Ukraine invasionRussia-Ukraine WarUkraineWorld
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Russian forces have taken at least 400 people hostage at a hospital in the besieged Ukrainian city of Mariupol, according to regional leader Pavlo Kyrylenko. In a statement on the messaging app Telegram, Kyrylenko said about 400 people were driven to the Regional Intensive Care Hospital in Mariupol from neighboring houses. Kyrylenko quoted a hospital…
Zelensky Offers Russian Forces a Chance to Surrender
Ukrainian President Volodymyr Zelensky on Tuesday called on Russian troops to surrender. “On behalf of the Ukrainian people, I give you a chance,” Zelensky in a video address posted online. “If you surrender to our forces, we will treat you the way people are supposed to be treated—as people, decently.” He said Russian forces “did…
Putin Signs Law to Seize Foreign Aircraft Amid Crippling Sanctions
March 15, 2022
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aircraftaviation industryBusiness & Economyeconomic policieseconomyEuropeMarketsRussiaRussia sanctionsRussia Ukraine invasionRussia-Ukraine WarUkraineWorld
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As sanctions cripple Russia’s aviation industry, President Vladimir Putin signed a law on Monday allowing foreign-owned aircraft to be re-registered as Russian for domestic use, according to state-run news agency TASS. Russian airlines would have the ability to seize and operate aircraft leased by companies that are no longer operating in the country over sanctions…
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