Ukraine seeks recovery investment in Davos as Trump urges peace
Davos, Switzerland Reuters As Ukraine’s President discussed peacekeeping forces needed to enforce any ceasefire and US President Donald Trump urged an end to three years of war, Ukrainian officials were courting private investors this week to help rebuild the country. Oleksiy Sobolev, first deputy economy minister, described a $US500 billion reconstruction effort that would pay […]
US hits Russian oil with toughest sanctions yet in bid to give Ukraine, Trump leverage
Washington DC, US/New Delhi, India/London, UK Reuters US President Joe Biden’s administration imposed its broadest package of sanctions so far targeting Russia’s oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump’s incoming team leverage to reach a deal for peace in Ukraine. The move is meant to cut Russia’s […]
Russia bans oil sales to countries that accept price cap
Kyiv/Bakhmut, Ukraine Reuters Russia announced on Tuesday it would ban oil sales to countries that abide by a price cap imposed this month by the West, giving its long-awaited response to the most dramatic step taken so far to limit Moscow’s ability to raise funds for its war in Ukraine. Under the price cap, which […]
Russia unleashes missiles across Ukraine, drones hit bases deep inside Russian territory
Kyiv, Ukraine Reuters Ukraine said Russia destroyed homes in the southeast and knocked out power in many areas with a new volley of missiles on Monday, while Moscow said Ukrainian drones had attacked two air bases deep inside Russia hundreds of miles from frontlines. A new missile barrage had been anticipated in Ukraine for days […]
EU plans Russian oil ban; Ukraine reports heavy eastern assault
Kyiv, Ukraine/Brussels, Belgium Reuters The European Union proposed its toughest sanctions yet against Russia on Wednesday, including a phased oil embargo, as Moscow pressed an offensive in eastern Ukraine and close Russian ally Belarus announced large-scale army drills. Nearly 10 weeks into a war that has killed thousands of people and flattened Ukrainian cities, Russia […]
Updated: Big brands and oil ban punish Russia as Moscow makes new pledge on Ukraine refugees
Updated: 11.45pm (AEDT) Washington DC, US/Lviv, Ukraine Reuters A US ban on imports of Russia’s oil ratcheted up punishment for the invasion of Ukraine on Tuesday as McDonald’s and Starbucks closed outlets and Moscow promised safe passage for some people to flee. As the number of refugees created by the biggest assault on a European […]