Article content (Bloomberg) — The Kremlin is drafting a presidential decree that will prohibit Russian companies and any traders buying the nation’s oil from selling it to anyone that participates in a price cap, according to a person with knowledge of the matter. Article content The decree will forbid dealings with both companies and countries … Read more
London CNN Business — Allies of Ukraine want to put a price limit on Russian oil. But there’s a problem: They can’t agree on a number that would actually pile pressure on the Kremlin. The West’s biggest economies agreed earlier this year to cap the price of Russia’s most valuable export and vowed to hash … Read more
Residents walk amid debris after a Russian attack in Kherson, southern Ukraine, on November 24, 2022. | Photo Credit: AP Natalia Kristenko’s dead body lay covered in a blanket in the doorway of her apartment building for hours overnight. City workers were at first too overwhelmed to retrieve her as they responded to a deadly … Read more
Ukrainians walk through the unlit streets of the capital Kyiv on Thursday, a day after Russian airstrikes knocked out electricity, heating and water to much of the country. With Russian troops faring poorly on the battlefield, Russia has launched a widespread bombing campaign directed at civilian infrastructure in Ukraine. Jeff J Mitchell/Getty Images hide caption … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Pavel Polityuk and Tom Balmforth Publishing date: Nov 25, 2022 • 27 minutes ago • 4 minute read Join the conversation Article content KYIV — Much of Ukraine remained without heat or power after the most devastating Russian air strikes on its energy grid so far, … Read more
File image of a pressure gauge for gas lines for representative purpose. | Photo Credit: AFP Russia does not plan to supply oil and gas to countries supporting a price cap on Russian oil, the Kremlin said on Thursday, but will make a final decision once it analyses all the figures. The G7 is looking … Read more
Sale of antidepressants in Russia surges after war With the conflict in Ukraine grinding on, many Russians are growing increasingly anxious and worried. Russian Media Reports say that the number of antidepressants sold between January and September 2022 increased by 70% compared to the same period last year. A digital labelling system in Russia saw … Read more
The European Parliament’s non-binding resolution is a PR effort rooted in political agenda On Wednesday, members of the European Parliament adopted a resolution naming Russia as a state sponsor of terrorism. The move follows a similar NATO parliamentary committee vote just two days earlier, in response to demands from the Ukrainian delegation. With NATO, there … Read more
The Alpine nation has imposed a ban on weapons deliveries to Moscow, with similar measures partly applied to Kiev Switzerland has prohibited weapons exports to Russia, a measure which will be partially applicable to Ukraine as well, the State Secretariat for Economic Affairs (SECO) announced on Wednesday, citing the nation’s neutrality stance. However, it did not … Read more
Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country. As local media reported on Nov. 23, members of the lower chamber of the Russian … Read more