Roscosmos Director General Dmitry Rogozin asked the United States to fly on their brooms Moscow, Russia | Xinhua | Russia has decided to cease deliveries of rocket engines to the United States in response to a new wave of Western sanctions related to the Ukraine conflict, state space corporation Roscosmos said on …
Read More »U.S. oil soars to highest since 2011 amid OPEC+ decision, Ukraine conflict
Volatility in the oil market is caused by geopolitical developments rather than changes in market fundamentals New York, U.S. | Xinhua |Â Oil prices surged again on Wednesday after major oil producers decided to stick to modest output increase despite supply fears amid the Russia-Ukraine conflict. The West Texas Intermediate (WTI) …
Read More »Putin signs decree on measures to ensure financial stability
Moscow, Russia | Xinhua |Â Russian President Vladimir Putin signed a decree introducing temporary economic measures to ensure the country’s financial stability, the Kremlin announced on Tuesday. These measures will be taken in response to anti-Russian sanctions by the United States, other countries and international organizations, according to the decree. Among …
Read More »Sanctions against Russia come at a cost, warns EU’s Borrell
Brussels, Belgium | Xinhua |Â The European Union (EU) should be ready to face the cost of its sanctions against Russia as Moscow is now widely expected to retaliate, EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell warned on Monday. “Sanctions will backlash, sanctions have a cost … …
Read More »Oil prices soar as traders assess new sanctions on Russia
New York, U.S. | Xinhua |Â Oil prices surged on Monday with Brent benchmark ending above 100 U.S. dollars a barrel, as investors assessed the impact of the latest sanctions against Russia. The West Texas Intermediate (WTI) for April delivery added 4.13 U.S. dollars, or 4.5 percent, to settle at 95.72 …
Read More »Moscow to re-examine relations with states imposing sanctions: Medvedev
Moscow, Russia | Xinhua |Â Deputy Chairman of the Russian Security Council Dmitry Medvedev said Saturday that the current sanctions against Russia could be a reason to review relations with all states that have imposed them. “Sanctions are a good reason to review all relations with those states that have imposed …
Read More »Britain unveils new round of sanctions against Russia
London, UK | Xinhua |Â British Prime Minister Boris Johnson on Thursday announced a new round of “severe” sanctions against Russia, aimed at excluding Russian banks from the British financial system. Speaking to Parliament, Johnson said his country is announcing “the largest and most severe package of economic sanctions that Russia …
Read More »Biden announces additional sanctions against Russia, more troops to Europe, amid Ukraine crisis
Washington, U.S. | Xinhua |Â U.S. President Joe Biden announced on Thursday additional sanctions against Russia and the deployment of more troops to Europe as conflicts in Ukraine continue to evolve. Speaking from the East Room of the White House, Biden said the new measures will target major Russian banks, limit …
Read More »U.S. sanctions Russia after Putin sends troops to Lugansk, Donetsk
Washington, U.S. | Xinhua |Â U.S. President Joe Biden on Tuesday announced “the first tranche” of sanctions against Russia after Moscow deployed troops in the Lugansk and Donetsk regions. Russian President Vladimir Putin on Monday signed two decrees, recognizing “the Lugansk People’s Republic” and “the Donetsk People’s Republic” as “independent and …
Read More »British PM announces sanctions against Russia over Ukraine
London, UK | Xinhua |Â British Prime Minister Boris Johnson announced on Tuesday a range of sanctions against Russia in response to the latest development in Ukraine. Johnson told the House of Commons that Russian President Vladimir Putin had violated the Minsk agreements by recognizing the “Lugansk People’s Republic” and the …
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