Sanctions-hit Russia has limited exports of noble gases such as neon, a key ingredient for making chips, until the end of 2022 to strengthen its market position, its trade ministry said on Thursday. Russia’s export curbs could worsen the supply crunch in the global chips market. Ukraine was one of the world’s largest suppliers of…
Russia Limits Exports of Noble Gases, a Key Ingredient for Making Chips
June 3, 2022
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Russia: No Let-Up in Ukraine Until Goals Met
MOSCOW—The Kremlin says it will press on with its military operations in Ukraine until its goals are met. Asked how the Kremlin views progress in Ukraine 100 days into the war Friday, President Vladimir Putin’s spokesman Dmitry Peskov said Russian troops have succeeded their main task of protecting civilians in areas on Ukraine’s east controlled…
EU Formally Approves Embargo on Russia Oil
June 3, 2022
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BRUSSELS—The European Union on Friday formally approved an embargo on Russian oil and other sanctions targeting major banks and broadcasters over Moscow’s war on Ukraine. EU headquarters says Russian crude oil will be phased out over six months, and other refined petroleum products over eight months. It says that “a temporary exception is foreseen” for…
Ukrainians Who’ve Fled to Canada Can Now Apply for Government Income Support
Immigration Minister Sean Fraser says Ukrainians who have fled to Canada from the war with Russia will start to receive income assistance from the federal government in the next five days. Prime Minister Justin Trudeau announced plans to offer money to newly arrived Ukrainians to help them settle in Canada in early April. The one-time…
US Engaged in ‘Offensive’ Cyber Operations Against Russia in Ukraine: NSA Director
The head of the U.S. Cyber Command and National Security Agency (NSA) confirmed the United States conducted cyber operations after Russia’s invasion of Ukraine. “We’ve conducted a series of operations across the full spectrum; offensive, defensive, [and] information operations,” NSA Director Paul Nakasone said in a recent interview. That includes “offensive hacking operations” he said, without elaborating on…
Russia’s National Depository to Replace Citi as Eurobond Servicing Agent
June 2, 2022
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Russia is replacing Citibank, which has stopping servicing the country’s Eurobonds, with its own National Settlement Depository, the finance ministry said on Thursday, as it risks its first major external debt default in over a century. Sanctions imposed by Western countries and their allies on Russia after it started what it calls a “special military…
Ukraine Beat Scotland to Keep World Cup Dream Alive
GLASGOW, Scotland—Ukraine kept alive their dream of reaching the World Cup finals by beating Scotland 3–1 in their playoff at Hampden Park on Wednesday in their first game since the Russian invasion of their country. Ukraine will now face Wales on Sunday in Cardiff with the winner taking a place at November’s finals in Qatar….
LIVE UPDATES: Russia Warns US Rocket Supplies Could Widen Ukraine Conflict
The latest on the Russia–Ukraine crisis, June 2. Click here for updates from June 1. Russia Warns US Rocket Supplies Could Widen Ukraine Conflict Russian Foreign Minister Sergei Lavrov said on Wednesday that the supply of advanced rocket launchers to Ukraine by the United States raised the risks of a “third country” being drawn into…
LIVE UPDATES: Russia Tightens Grip on Ukrainian Factory City, Decries US Rocket Supplies
The latest on the Russia–Ukraine crisis, June 2. Click here for updates from June 1. Russia Tightens Grip on Ukrainian Factory City, Decries US Rocket Supplies Russian forces tightened their grip on an industrial Ukrainian city as part of their drive to control the eastern Donbass region and targeted rail links used to ferry in…
Capitol Report (June 1): Sec. Yellen Admits Miscalculated Inflation; Key Factors Driving Inflation?
June 1, 2022
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Treasury Secretary Janet Yellen admitted that she was wrong about rising inflation. She was among those who initially said that inflation would be temporary, if at all. Vance Ginn is chief economist at the Texas Public Policy Institute, and he’ll be joining us to assess the key factors driving inflation. What’s the administration’s latest step…
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