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Tag: Russia

G-7 and European Union impose $60-per-barrel price cap on Russian oil
Politics

G-7 and European Union impose $60-per-barrel price cap on Russian oil

The Group of Seven nations and Australia agreed Friday to adopt a $60-per-barrel price cap on Russian oil, acting shortly after the European Union reached unanimous agreement on the same price earlier in the day.After a last-minute flurry of negotiations, the EU presidency, held by the Czech Republic, tweeted that "ambassadors have just reached an agreement on price cap for Russian seaborne #oil." Europe needed to set the discounted price that other nations will pay by Monday, when an EU embargo on Russian oil shipped by sea and a ban on insurance for those supplies take effect. U.S. Treasury Secretary Janet Yellen said in a statement that the agreement will help nations participating in the plan achieve the goal of restricting Putin's "primar...
U.S. Says It Remains Ready to Meet With Russia Over Nuclear Treaty Talks
News

U.S. Says It Remains Ready to Meet With Russia Over Nuclear Treaty Talks

By Kanishka Singh and Daphne PsaledakisWASHINGTON (Reuters) - The United States remains ready to meet Russia for talks over a nuclear treaty despite Moscow having accused Washington of toxic anti-Russian behavior that it cited to pull out of the negotiations earlier this week, the State Department said.Russia withdrew from the New START nuclear treaty talks with U.S. officials in Cairo this week. As the last surviving arms pact of its kind between the world's two biggest nuclear powers, New START limits the number of atomic warheads that each side can deploy and has symbolic as well as practical significance."We do remain ready to meet with Russia in the New Start Treaty," State Department spokesperson Ned Price told reporters in a briefing on Friday. "We are committed to New START."Rel...
Family Concerned About Whereabouts of Whelan, American Jailed in Russia
News

Family Concerned About Whereabouts of Whelan, American Jailed in Russia

WASHINGTON (Reuters) - The brother of Paul Whelan, an American jailed in Russia, said on Tuesday his family is concerned about his whereabouts after not hearing from him for days and unclear messages from the prison staff that he was moved to the prison hospital.David Whelan, the brother of Paul, said that the family does not definitely know where Paul is. Paul, a former U.S. Marine is serving 16 years in the Russian region of Mordovia on charges of espionage - which he denies.The penal colony's staff said that Paul was moved to the prison hospital on Nov. 17, a day after the visit of American and Irish diplomats, but Paul last talked to his parents on Nov. 23 and did not mention the move, David Whelan said.The family has not heard from him since. David Whelan added that when transferre...
Industrial Technology’s Future Is Taking Shape. VCs Are Missing Out
Technology

Industrial Technology’s Future Is Taking Shape. VCs Are Missing Out

The battle to dominate industrial technology is ramping up as government intervention in economies becomes far more prevalent. Investors — once enamored of asset-light firms and high returns — better be prepared to put in billions of dollars towards this, or risk being crowded out.This isn’t just a reaction to the fallout from Russia’s war in Ukraine and geopolitical tensions between the US and China. The past two years of goods shortages and labor shocks have exposed weak and clunky supply chains across the globe. To ensure we don’t end up there again, governments are bolstering their multi-billion dollar industrial policies to incubate the next generation of hardware, including chips, 5G base stations, electric vehicles, batteries and high-tech machinery and systems. Source link ...
Training Center in Spain for Ukrainian Troops to Start Operating End of Nov, PM Says
News

Training Center in Spain for Ukrainian Troops to Start Operating End of Nov, PM Says

MADRID (Reuters) - A new training center for Ukrainian troops in the central Spanish city of Toledo will start operating at the end of November, Spain's Prime Minister Pedro Sanchez told the NATO Parliamentary Assembly on Monday.Spanish police will also be deployed in Ukraine over the coming weeks to help investigate alleged Russian war crimes, Sanchez added.(Reporting by David Latona; Editing by Inti Landauro)Copyright 2022 Thomson Reuters.Political Cartoons on World Leaders Source link
‘Significant breakthrough’ from allies amid Ukraine’s push through ‘darkness’: deputy PM – National
Global News

‘Significant breakthrough’ from allies amid Ukraine’s push through ‘darkness’: deputy PM – National

Although Ukraine has seen a “significant breakthrough” in support from allies, more help is needed from countries like Canada, according to one of Ukraine’s deputy prime ministers, Olga Stefanishyna. When Stefanishyna, who is deputy prime minister for European and Euro-Atlantic Integration, first landed in Canada, the first thing she says she noticed was the amount of light that surrounded her. Read more: Ukraine’s Zelenskyy calls on Canada to help on long-term peace plan with Russia Read More Ukraine’s Zelenskyy calls on Canada to help on long-term peace plan with Russia “This is not what we have,” she told The West Block’s Mercedes Stephenson. “We’ve gotten used...
Russian Foreign Minister Taken to Hospital After Arriving for G20 Summit
News

Russian Foreign Minister Taken to Hospital After Arriving for G20 Summit

NUSA DUA, Indonesia (Reuters) - Russian Foreign Minister Sergei Lavrov was taken to hospital after arriving in Indonesia's Bali island for the G20 summit, the Associated Press reported on Monday citing Indonesian officials.Lavrov, who is representing Russian President Vladimir Putin at the summit, arrived in Bali on Sunday.Indonesian officials did not immediately respond to requests for comment.(Reporting by Nandita Bose, Writing by Kanupriya Kapoor; Editing by Martin Petty)Political Cartoons on World Leaders Copyright 2022 Thomson Reuters. Source link
Yellen Believes Sanctions on Russia Could Extend Beyond Ukraine War’s End
News

Yellen Believes Sanctions on Russia Could Extend Beyond Ukraine War’s End

(Reuters) - U.S. Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any eventual peace agreement with Ukraine, the Wall Street Journal reported on Sunday.Yellen said that any eventual peace agreement would involve a review of the penalties the United States and its allies have imposed on Russia's economy, according to the Journal."I suppose in the context of some peace agreement, adjustment of sanctions is possible and could be appropriate," Yellen said in an interview in Indonesia, where she is attending the G20 summit.(Reporting by Maria Ponnezhath in Bengaluru; Editing by Lisa Shumaker)Political Cartoons on World Leaders Copyright 2022 Thomson Reuters. Source link
Hundreds of Russians Killed Daily Near Donetsk
News

Hundreds of Russians Killed Daily Near Donetsk

(Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday that Donetsk region in the east remained the "epicentre" of fighting in the conflict, with hundreds of Russians being killed every day."The Donetsk region remains the epicenter of the greatest madness of the occupiers," Zelenskiy said in his nightly video address. "They are being killed in their hundreds every day. The ground in front of Ukrainian positions is littered with bodies of the occupiers."The towns of Bakhmut and Avdiivka are the focal points of the heaviest fighting in Donetsk region.(Reporting by Ron Popeski; Editing by Leslie Adler)Political Cartoons on World Leaders Copyright 2022 Thomson Reuters. Source link
Zelenskiy Warns of More Attacks on Energy Infrastructure
News

Zelenskiy Warns of More Attacks on Energy Infrastructure

(Reuters) - Ukraine's President Volodymyr Zelenskiy warned against more potential Russian attacks on energy infrastructure, while the mayor of Kyiv urged residents to consider preparing to leave temporarily if the capital lost water and power supplies.* U.S. national security adviser Jake Sullivan has held undisclosed talks with top Russian officials in hopes of reducing the risk the war in Ukraine spills over or escalates into a nuclear conflict, the Wall Street Journal said.* President Joe Biden's administration is privately encouraging Ukraine’s leaders to signal an openness to negotiate with Russia and drop their public refusal to engage in peace talks unless President Vladimir Putin is removed from power, the Washington Post said.* German Chancellor Olaf Scholz, under fire for a Fr...