Tag Archives: Russia

Vladimir Putin has launched a war on just one nation, Ukraine, but the Russian president’s vicious military campaign is punishing people in many countries, including some of the world’s most vulnerable. With no end in sight, the war’s economic toll could become devastating in some parts of the world by the middle and end of 2022. The economic shock waves from Russia’s Feb. 24 invasion of Ukraine will radiate wider and deeper as Ukraine’s economy teeters and sanctions choke off… Source link

The West has hit Russia with a range of economic sanctions including a promise this weekend from the G-7 nations to reduce their dependence on the country’s oil. But one type of sanction, so-called “export controls,” has attracted less attention than other high-profile penalties like seizing oligarchs’ yachts. Export controls ban companies from sending crucial products like semiconductors to Russia with the goal of gradually starving its economy. But a top Biden administration official told… Source link

WASHINGTON — The war in Ukraine has led some military experts to rethink the conventional wisdom on nuclear weapons, a reconsideration rooted in an acknowledgment that as frightening as the prospect of nuclear war is, a policy predicated on these fears has given the Kremlin too much license in Ukraine. Russian President Vladimir Putin. (Photo illustration: Yahoo News; photos: Mikhail Tereshchenko/Sputnik, Kremlin Pool Photo via AP, Vadim Savitskiy/Russian Defense Ministry Press Service via… Source link

Updated Finnish energy supplier Ilmatar says it has terminated a supplier agreement to provide electricity to Yandex’s datacenter in the southern part of the country, as the facility enters its second week of relying on diesel generators. Juha Sarsama, boss at Ilmatar, told The Register: “We can confirm that we have terminated our electricity delivery agreement to Yandex Datacenter in Mäntsälä.” There has been no… Source link

The U.S. has now classified WNBA star Brittney Griner as “wrongfully detained” by the Russian government, a State Department spokesperson confirmed to Yahoo Sports on Tuesday. The formal change in designation is a significant development because it opens a new path to secure Griner’s freedom. Instead of waiting for her drug smuggling case to play out in the Russian legal system, the U.S. government will now actively seek to negotiate her return. “Our expectation is that the White House do… Source link

Both Rafael Nadal and Novak Djokovic slammed Wimbledon’s move to ban Russian and Belarusian players from the tournament this year over Russia’s invasion of Ukraine. The two tennis stars, speaking from the Madrid Open on Sunday, called Wimbledon’s decision “very unfair.” “It’s not their fault what’s happening in this moment with the war,” Nadal said, via The Associated Press. “I’m sorry for them. Wimbledon just took their decision … The government didn’t force them to… Source link

Markets have stabilized following Russia’s Feb. 24 invasion of Ukraine, as if the bombs and missiles won’t derail the global economy. But the economic war running parallel to the shooting war is getting hotter, warranting more attention than investors may be devoting. Much of the analysis of Russia’s war in Ukraine focuses on brutal land battles for terrain as invading and defending forces fight village-by-village in eastern and southern Ukraine. But just as important are multinational… Source link

(Bloomberg) — Russia will cut off the gas to Poland and Bulgaria on Wednesday in a major escalation in the standoff between Moscow and Europe over energy supplies and the war in Ukraine. Most Read from Bloomberg Moscow is making good on a threat to halt gas flows to countries that refuse President Vladimir Putin’s new demand to pay for the fuel in rubles. The European Union has rejected the move in principle but now payment deadlines are starting to fall due, governments across Europe need… Source link

Russia’s e-commerce platforms Ozon and Yandex Market, food supplements firm Pharmstandard, dental products distributor Simkodent, largest food retailer X5 Retail Group and confectionery major UNICONF are among several Russian companies that have reached out to India for business ties amid Moscow’s conflict with Kyiv. Due to the conflict and the sanctions on Russia, many European and American brands have stopped supplying their goods including consumer electronics, and apparel to that… Source link

Youtube logo and Russian flag are seen through broken glass in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register April 21 (Reuters) – A Russian court has fined Alphabet Inc.’s (GOOGL.O) Google 11 million roubles ($137,763) for failing to delete what it terms “fake” information about the conflict in Ukraine and YouTube videos produced by Ukrainian far-right groups, TASS reported. Russia’s communications… Source link