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Brent North Sea crude oil surges close to $140 per barrel, a near 14-year high LONDON, United Kingdom (AFP) — Europe and UK natural gas prices soared to record highs Monday on fresh supply fears after the United States proposed an embargo on Russian crude oil. Europe gas reference Dutch TTF rocketed more than 60 percent to reach an all-time peak of 345 euros per megawatt hour and UK gas hit an all-time pinnacle […]
FRANKFURT, Germany (AFP) – Germany’s finance and foreign ministers cautioned Sunday against banning Russian energy imports as the West searches for ways to tighten the screws on Moscow over its invasion of Ukraine. With his country fighting for its existence two weeks since the incursion, Ukrainian leader Volodymyr Zelensky has urged his Western allies to levy additional sanctions against Moscow, including boycotting its lucrative oil and gas sector. Earlier Sunday, chief US diplomat Antony Blinken said […]
JERUSALEM (AFP) — Israel’s premier said Sunday his country had a “moral obligation” to help stem fighting in Ukraine even if chances of success were “not great”, after shuttle diplomacy that saw him visit the Kremlin. Prime Minister Naftali Bennett met for three hours with Russian President Vladimir Putin at the Kremlin on Saturday, before flying to Berlin to meet Chancellor Olaf Scholz. The Israeli premier, acting after Kyiv requested him to launch a […]
“I just pray to God that this will not really go out of control,” says 76-year old PHL leader (Eagle News) – Philippine president Rodrigo Duterte stressed the delicate situation the world faces due to the threat of nuclear war in case tensions further escalate between Ukraine and Russia that could spill over to the rest of Europe and the world. Duterte said he is just praying that things would not go out of […]
WASHINGTON, United States (AFP) — Washington is working on a deal with Poland to supply Ukraine with Soviet-era warplanes to bolster Kyiv’s defenses against the Russian invasion, according to US media. Multiple news outlets reported Saturday that US officials told them of the possible deal, in which Poland would send Soviet-era aircraft to Ukraine in return for American F-16 fighter jets. Since Russia invaded 10 days ago, the economic and humanitarian toll of the […]
by Dave CLARK Russian President Vladimir Putin threatened the existence of Ukrainian statehood as his army’s invasion of the neighbour faces stiff resistance Sunday and his economy is increasingly asphyxiated by sanctions. In the latest efforts to freeze Moscow out of the world economy, US-based card payment giants Visa and Mastercard announced they will suspend operations in Russia, while world leaders vowed to act over the intensifying onslaught. “The current (Ukrainian) authorities must understand that […]
by Ben Simon Israel’s premier stepped into the role of mediator Saturday as Russia’s invasion of Ukraine intensified, holding a three-hour meeting at the Kremlin with Vladimir Putin before calling Ukraine’s president and flying to Berlin. Prime Minister Naftali Bennett’s sit-down with Putin was the first by a foreign leader since the day Russian forces invaded Ukraine last week, and came after Kyiv had asked Israel to launch a dialogue with Moscow. Bennett has so […]
Card payment giants Visa and Mastercard announced Saturday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. “Noting the unprecedented nature of the current conflict and the uncertain economic environment,” Mastercard said it had “decided to suspend our network services in Russia.” Visa, for its part, said that “effective immediately” it would “work with its clients and partners within Russia to cease […]
Canada called Saturday on its nationals to avoid all travel to Russia because of its invasion of Ukraine and on Canadians in Russia to leave the country. In an update to its travel advice, the Canadian Ministry of Foreign Affairs recommended that its nationals “avoid all travel to Russia due to the impacts of the armed conflict with Ukraine.” “If you are in Russia, you should leave while commercial means are still available,” the statement […]
Russian President Vladimir Putin warned Saturday that any country imposing a no-fly zone over Ukraine would be considered by Moscow to have entered the conflict, while threatening his ex-Soviet neighbour’s continued existence. Ukrainian leader Volodymyr Zelensky has pleaded with the West to support a no-fly zone as his besieged country resists Moscow’s invasion, but allies have so far ruled out such a move, fearing it would escalate into a wider war with nuclear-armed Russia. Putin […]
Ukrainian President Volodymyr Zelensky announced that he spoke by phone with his US counterpart Joe Biden on Sunday to discuss financial support and sanctions against Russia as his country faces an intensifying onslaught. “As part of the constant dialogue, I had another conversation with @POTUS,” Zelensky tweeted. “The agenda included the issues of security, financial support for Ukraine and the continuation of sanctions against Russia.” Hours earlier, the Ukrainian leader had addressed US lawmakers by […]
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