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Showing posts with the label Russia-Ukraine Crisis

Russia-Ukraine Crisis Uptade | Tuesday, June 7, 2022:

Source: economist.com The conflict in Ukraine is settling into a war of attrition 7-8 minutes But who can keep going longest? THE WAR in Ukraine, now in its fourth month, defies simple notions of winning and losing. Russian forces are thought to be in control of most of Severodonetsk , a city at the eastern edge of a Ukrainian salient, having beaten off Ukrainian counter-attacks. Ukrainian resistance is now confined to an industrial zone in the westernmost edge of the town. Yet territorial control is ebbing and flowing. Russia’s net gains in eastern Ukraine between the middle of April and the end of May add up to just over 450 square kilometres (about a third of the size of Greater London) according to Rochan Consulting, a firm which tracks the war; hardly a spectacular bounty. Neither Russia nor Ukraine looks likely to make a decisive breakthrough. Instead, each hopes to grind the ot

Russia-Ukraine Crisis | Finland Plans Next step in NATO | Saturday, May 14, 2022:

Source: wsj.com Finland Plans Next Step in NATO Bid as Ukraine Mounts Counteroffensive Near Key Eastern City Yaroslav Trofimov and Mauro Orru 8-10 minutes Updated May 15, 2022 4:56 pm ET KYIV, Ukraine—Finland said Sunday it would seek parliamentary approval to join NATO as Kyiv’s forces began a counteroffensive toward the eastern city of Izyum, which Ukrainian officials said was aimed at disrupting Russian supply lines into the Donbas region. Finnish President Sauli Niinistö said the government would apply for membership in the North Atlantic Treaty Organization subject to approval by parliament, which is widely expected, in the coming days. Finland has for decades been a major holdout among Western nations outside NATO, underlining how Russian President Vladimir Putin ’s drive to divide and weaken the military alliance has backfired for Russia. The addition of Finland would roughly double

Russia-Ukraine Crisis | Russia's Diplomat and Politician Lavrov Statement | Tuesday, April 26, 2022:

  Source: wsj.com Russia’s Lavrov Says NATO Is Using Ukraine as a Proxy, Warns Against Global Conflict James Marson  Updated Apr. 26, 2022 5:24 pm ET 8-10 minutes Updated Apr. 26, 2022 5:24 pm ET Your browser does not support the audio tag. This article is in your queue. Russia’s top diplomat said the West was engaged in a proxy war with his country that could escalate into a global conflict with nuclear weapons, as Western nations elevated their commitment to helping Ukraine defend itself . “The risk is serious, real. It should not be underestimated,” Russian Foreign Minister Sergei Lavrov said in a Russian state-television interview broadcast Monday night. “Under no circumstances should a third world war be allowed to happen,” he said, adding that “there can be no winners in a nuclear war.” Mr. Lavrov said the West was increasing the risk of a bigger conflict by providing arms to Ukraine : “NATO is, in

Russia-Ukraine Crisis | Russian Business Consequences | Friday, April 22, 2022:

 Source: wsj.com Budweiser Brewer Pulls Out of Russia as Multinational Companies Weigh Options Saabira Chaudhuri and Georgi Kantchev 6-7 minutes AB InBev said it would sell its joint-venture stake, booking a $1.1 billion impairment charge The world’s biggest brewer is pulling out of Russia, exiting a key beer market, as Moscow’s invasion of Ukraine drags on and multinational companies weigh up their options. Anheuser-Busch InBev SA said it would sell its stake in its large Russian beer joint venture, booking a $1.1 billion impairment charge. That follows moves by its biggest rivals, Heineken HEINY 0.72% ▲ NV and Carlsberg CABGY -0.35% ▼ A/S, which operate independently in Russia, and said weeks ago that they would pull out. AB InBev BUD -2.64% ▼ operates in Russia through a non-controlling stake in a joint venture run by Turkish drinks maker Anadolu Efes. The Budweiser maker said Friday it was in disc

The Russia-Ukraine Crisis | How Russia leaves Ukraine After Its Pullback? | Saturday, April 2, 2022

Source: wsj.com Ukrainians Count Dead, Assess Damage After Russian Pullback Near Kyiv Isabel Coles 8-10 minutes Updated Apr. 2, 2022 1:59 pm ET Your browser does not support the audio tag. This article is in your queue. LVIV, Ukraine—Ukrainian forces were clearing mines and counting the dead around Kyiv on Saturday following Russian troop withdrawals in recent days, as Moscow shifted military operations to the country’s east. Russian forces have partially pulled out from a swath of territory northwest of Ukraine’s capital, giving up more than a dozen towns and villages after Ukrainian resistance led to heavy losses . “They left in their wake a complete disaster and many dangers,” Ukrainian President Volodymyr Zelensky said in an overnight address, referring to the Russians. He added that the region remained unsafe. “Firstly, the bombing might continue. Secondly, they are mining this ent

Russia-Ukraine Crisis | European Union Help | Friday, April 1, 2022:

  Source: reuters.com Workers at German public banks clinch pay deal after months of wrangling April 1, 20224:04 AM GMT-5Last Updated 5 hours ago 2 minutes FRANKFURT, April 1 (Reuters) - A pay increase for tens of thousands of workers at Germany's public-sector banks has been agreed with management, a labour union said, brightening prospects for a wage deal for the private banks after months of wrangling and strikes. The deal, sealed on Thursday and announced by the Verdi union on Friday, comes as inflation in Germany hovers above 7% and follows a recent pay deal for thousands of workers at Deutsche Bank's (DBKGn.DE) retail unit Postbank. Under the deal's terms, 60,000 public-sector bank employees, such as those who work for Germany's state-owned Landesbanken and development banks such as KfW, will get a 3% raise from July and a 2% raise a year later. The deal also includes one-off pay

Russia-Ukraine Crisis | European Union Help | Friday, April 1, 2022:

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  Source: wsj.com Europe Tries to Supply Cash Lifeline to Ukrainian Refugees Laurence Norman 5-6 minutes Your browser does not support the audio tag. This article is in your queue. The European Union is working to make its nine currencies available to the more than 3.5 million Ukrainian refugees now in the bloc, some of whom can’t pay for basic necessities because many EU banks aren’t converting their national currency, the hryvnia, into local currency. European officials believe a substantial proportion of Ukrainians are arriving in the EU with hryvnia cash and without access to credit cards to pay for vital goods. The EU has opened its doors for up to two years to Ukrainians fleeing the war, promising them the right to work and the provision of basic medical and educational services, as well as targeted economic support. Refugees arriving with bundles of Uk

Russia-Ukraine Crisis | Wednesday, March 30, 2021- 1:30 pm ET:

  Source: wsj.com Russia Plays Down Progress in Peace Talks, Intensifies Attacks in Eastern Ukraine Alan Cullison and Matthew Luxmoore 7-9 minutes Updated Mar. 30, 2022 1:30 pm ET Your browser does not support the audio tag. This article is in your queue. Moscow on Wednesday dismissed a diplomatic overture by Ukraine in peace talks, while Russian forces hit targets around Kyiv despite saying they would limit attacks there and also stepped up ground and air assaults in eastern portions of the country. Kremlin spokesman Dmitry Peskov said talks Tuesday in Turkey between Ukrainian and Russian delegates didn’t represent a turning point in the conflict. “No one said that the sides have made headway,” he said. “We can’t point to anything particularly promising.” Less than 24 hours earlier, Moscow’s chief negotiator, Vladimir Medinsky, had described proposals from Kyiv in the negotiations as a constructive st

Russia-Ukraine Crisis: Nato Wants More Permanen Troops in The Baltic Region: Monday, March 7, 2022:

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  wsj.com Blinken Says NATO Is Considering More Permanent Troops in Baltics William Mauldin in Vilnius, Lithuania and Sune Engel Rasmussen in Tallinn, Estonia 7-8 minutes Secretary of State Antony Blinken said NATO is considering more permanently keeping troops in the Baltic region, the clearest sign Vladimir Putin ’s invasion of Ukraine is causing Washington and the alliance to rethink plans to base troops in Eastern Europe. The North Atlantic Treaty Organization is “looking at questions of more permanent deployments ,” Mr. Blinken said on Monday in Lithuania. In a later stop in Latvia, Mr. Blinken said that no decision had been made and that permanent deployments would be decided as part of a broad review of NATO’s force posture. “The presence should be as long as is necessary,” Latvian Foreign Minister

Russia- Ukraine Crisis | Canadian Bombardier Suspends Activities with Russia: Friday, March 4, 2022:

Source: reuters.com Canadian business jet maker Bombardier suspends all activities with Russian clients March 4, 20224:56 PM GMT-5Last Updated 34 min ago 2-3 minutes A Bombardier logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland May 28, 2018. REUTERS/Denis Balibouse MONTREAL, March 4 (Reuters) - Business jet maker Bombardier Inc said on Friday it has suspended all activities with Russian clients, as more companies cut ties in the country following the introduction of sweeping sanctions over Russia’s invasion of Ukraine. Western nations including Canada have imposed sanctions on prominent Russians, taken steps to stop business with the country and closed their airspace to Russian-owned, chartered or operated aircraft. read more “We will continue to adhere to international laws, regulations and sanctions, as they evolve,” the Montreal-b