In the space of 30 minutes, Olaf Scholz overturned decades of German foreign and defense policy. Speaking to the Bundestag in a special session on Sunday, the chancellor announced a Continue Reading
The global computer chip industry, including the giant Taiwan Semiconductor Manufacturing Company, has begun halting sales to Russia in the wake of U.S. sanctions aimed at punishing Moscow’s invasion of Continue Reading
Highlights ‘Nuclear will not help for winter 2022/23’: Habeck High safety, fuel supply challenges: pre-assessment Nuclear generated 12% of German demand in 2021 Germany is to review its nuclear phase-out Continue Reading
The Russia-Ukraine conflict has affected the perception of short-term oil market dynamics. The oil market sees the security of Russian energy supplies as significantly compromised. That’s what analysts at Standard Continue Reading
Since Russian President Vladimir Putin unleashed a large-scale attack against Ukraine on Thursday, the Biden administration has sought to rally allies and partners to condemn Russian aggression and join in trade Continue Reading
Why Russia’s Invasion Is Causing Anxiety in Beijing Bloomberg News At least two of China’s largest state-owned banks are restricting financing for purchases of Russian commodities, underscoring the limits of Continue Reading
The U.S. is seriously considering whether to seek Russia’s expulsion from the SWIFT financial messaging system over the Ukraine invasion as allies in Europe warm to the idea of imposing Continue Reading
As Russia invades Ukraine, commodity traders are watching the country’s vast network of infrastructure that’s key to supplying gas, crops and steel to Europe and beyond. Russian forces continued assaults Continue Reading
Canada, the United States, Britain, and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank payments system in a further round of Continue Reading
EU states agreed to freeze any European assets of Russian President Vladimir Putin and his foreign minister on Friday, as Ukraine’s leader pleaded for faster and more forceful sanctions to Continue Reading
