Ukraine’s deal to give the US sweeping rights to natural resources projects is advancing as both sides launch operations of a fund that the Trump administration demanded in return for further support for the war-torn country, Ukraine’s economy minister said. “The fund is progressing very nicely,” Ukrainian Economy Minister Oleksii Sobolev told Bloomberg TV Friday … Read more
Stringent classification of Russia-origin fuels could create difficulties for Indian exporters. (AI image) Russia oil sanctions impact: Indian exporters will likely face challenges from the European Unin’s decision to sanction oil supply with Russia as its source of origin. The European Union’s ban on Russian crude-derived fuels, set to take effect from January 21 next … Read more
During his hours long speech, US President Donald Trump said he has received a letter from the Ukrainian President Volodymyr Zelensky, just days after he was publicly criticized him and US aid to Ukraine was suspended. Zelensky, in his letter, expressed a willingness to negotiate a minerals deal that could greatly benefit both nations. The … Read more
US Defense Secretary Pete Hegseth stated on Wednesday (February 12) that Ukraine’s bid for NATO membership was not a viable outcome in negotiations to end the war. He also suggested that Kyiv should reconsider its goal of reclaiming all Russian-occupied territories and instead focus on securing a peace settlement backed by international forces. “The United … Read more
Russia could become black listed by the Financial Action Task Force in June. To avoid this, Moscow is pressuring India to help thwart the blacklisting effort, Bloomberg reported. Russia has told India that key energy and weapons deals would be at risk. Russia is asking for India’s support to avoid getting on a black list … Read more
The International Criminal Court issued an arrest warrant for Russian President Vladimir Putin earlier this week, linking him to the war crime of deporting Ukrainian children – at least hundreds – to the other country. While the move is largely symbolic, it is likely to have some repercussions on Moscow and its top leader as … Read more
Beijing claims to have a neutral stance in the war that began one year ago, but has also said it has a “no limits friendship” with Russia and has refused to criticize Moscow’s invasion of Ukraine, or even refer to it as an invasion. It has accused the West of provoking the conflict and “fanning … Read more
Ukrainians cheered from their balconies while their air defences blasted Russian missiles and drones out of the sky in the first hours of 2023, as Moscow saw in the new year by attacking civilian targets across Ukraine. Ukraine’s Air Force command said it had destroyed 45 Iranian-made Shahed drones overnight —32 of them on Sunday … Read more
President Joe Biden said on Tuesday there will be “consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance moves to cut oil production and Democratic lawmakers call for a freeze on cooperation with the Saudis. Biden suggested he would soon take action as aides announced that the administration is reevaluating its relationship with the kingdom … Read more