WASHINGTON/KYIV — Russia looms large in world energy markets. It supplies 40 per cent of the gas consumed in the European Union, and this is a particularly important economic issue for Germany, Italy, and Austria. But Russia’s global energy footprint is largely about oil. It is the second-largest exporter of crude, behind only Saudi Arabia,…
President Joe Biden said Thursday that a food shortage is in the near future for the U.S.—and it’s “gonna be real.” Following the sanctions that were placed on Russia by the U.S. government as a result of Russian President Vladimir Putin’s invasion into Ukraine, Biden is predicting that groceries across the country will be in…
BRUSSELS — French President Emmanuel Macron on Friday dismissed Russian President Vladimir Putin’s demand for Europe to pay for gas in rubles as he accused Moscow of trying to sidestep sanctions over its war on Ukraine. Macron told journalists after an EU summit in Brussels that the Russian move “is not in line with what…
It is “foolish” to believe that Western sanctions against Russian businesses could have any effect on the Moscow government, Russian ex-president and deputy head of security council Dmitry Medvedev was quoted as saying on Friday. The sanctions will only consolidate the Russian society and not cause popular discontent with the authorities, Medvedev told Russia’s RIA…
Greetings from Tyler, Nobody dared ask the question on everyone’s lips. Both Anthony Blinken and John Kirby held press conferences this week where they took questions. They didn’t have to answer this one. How come all the devastating sanctions don’t apply to Russian oil, which the U. S. is consuming at the reported rate…
In their first in-person meeting on January 19, 2022, Iran’s Ebrahim Raisi and Russia’s Vladimir Putin displayed their commitment to stronger bilateral ties. In tandem with the exchange between the presidents, Iran’s oil minister announced that Tehran and Moscow had made strides in commercial agreements across the energy, transportation, and banking sectors. However, the most…
Service members of the Russian airborne forces line up before boarding Ilyushin Il-76 transport planes during drills at a military aerodrome in the Azov Sea port of Taganrog, Russia April 22, 2021. Picture taken with a drone. REUTERS/Stringer Service members of the Russian airborne forces get wait before boarding Ilyushin Il-76 transport planes during drills…
MOSCOW (Reuters) – President Vladimir Putin said on Thursday that he and U.S. President Joe Biden should hold live online talks in coming days after Biden said he thought the Russian leader was a killer and diplomatic ties sank to a new post-Cold War low. “I want to offer President Biden that we continue our…
The United States has prepared new sanctions against Russia, which will include more than 30 state-owned companies, agencies, and entities. Russian organizations will be subject to restrictive measures as part of the sanctions package against China, RIA Novosti reports citing a draft document that has not yet been published. The Russian Defense Ministry, as well as the…
German companies are continuing to withdraw from Russia, winding up operations in the wake of US sanctions and the decline of solvent demand. In the five years since Russia annexed Crimea, its relations with the West have deteriorated sharply, and nearly 2,000 German companies have left the Russian market, Deutsche Welle reports, citing data from the Russian-German…