Tag: Novak

Hungary elects Katalin Novak, first ever woman president

  BUDAPEST, Hungary (AFP) — The Hungarian parliament Thursday elected Katalin Novak, a close ally of Prime Minister Viktor Orban, as the EU member’s first ever woman president. Novak, who most recently served as a minister for family policy, portrayed her election as a victory for women. She was elected to the mostly ceremonial role by 137 votes to 51 in the parliament dominated by Orban’s right-wing Fidesz party ahead of opposition challenger Peter Rona, […]

Moscow warns ban on Russian oil will have ‘catastrophic consequences’

  MOSCOW< Russia (AFP) — Russian Deputy Prime Minister Alexander Novak warned Monday that a ban on Russian oil imports would have “catastrophic” consequences, as Western allies consider further sanctions on Moscow over Ukraine. “A ban on Russian oil will lead to catastrophic consequences for the global market. The surge in prices will be unpredictable — more than $300 per barrel, if not more,” Novak said in remarks carried by Russian news agencies. Novak added […]