What impact will Russia’s invasion of Ukraine have on oil and gas? March 4, 2022 | City Talk Russia’s invasion of Ukraine is first and foremost a human tragedy. As investors though, our role is to interpret the market implications on behalf of our clients. Here, we consider the impact of the invasion on oil and gas markets. Firstly, it’s important to understand how markets stood before the invasion. Global energy markets were [...]
Calls grow worldwide to drag Vladimir Putin to special tribunal and let Russian president stand trial for war crimes March 4, 2022 Gordon Brown, UK Prime Minister from 2007 to 2010, is urging countries to support the creation of a special tribunal to punish Vladimir Putin for the crime of aggression against Ukraine. He joined Ukrainian foreign minister Dmytro Kuleba at an online event organised by the Chatham House think-tank, where pleas were made for Western nations [...]
Ukraine war turns nuclear as Russian shells fall directly onto Europe’s largest power plant amid heavy fighting March 4, 2022 Fears grow for an explosion as Russian forces are shelling the continent’s largest nuclear power plant, which has reportedly caught fire around 1am UK time. Nuclear plant spokesman Andriy Tuz told Ukrainian television that shells fell directly on the facility, and set fire to a reactor that is not operating and to an administrative training [...]
Kremlin bans citizens from calling for sanctions against Russia after denying plans to institute martial law March 4, 2022 Russia’s Duma has introduced a new law to ban citizens from calling for sanctions to be imposed on Russia, and said those found guilty may be forced into “obligatory labour” for up to three years. Russians who call for sanctions to be imposed on Russia, over its invasion of Ukraine, could face fines of up [...]
Putin warns war will continue ‘until the end’ unless Russia’s terms are met while airstrike kills 22 and talks resume March 3, 2022 At least 22 civilians have been killed in a Russian airstrike on the northern Ukrainian city of Chernihiv, Ukraine said, while Ukrainian forces are battling Russian troops for control of Enerhodar, which has Europe’s largest nuclear plant, the city’s mayor told various media outlets. Meanwhile, Ukraine President Zelensky’s office said this afternoon the second round [...]
Abramovich sale of Chelsea could take place next week, says Premier League March 3, 2022 The Premier League has welcomed Roman Abramovich’s decision to sell Chelsea and indicated that a takeover could be completed as soon as next week. Chief executive Richard Masters called it the “right solution because the position was unsustainable” given Russia’s invasion of Ukraine. “It’s the right decision. The situation escalated incredibly quickly,” Masters told the [...]
Brave soul: Russian businessman puts $1m bounty on Vladimir Putin’s head for war crimes March 3, 2022 A Russian businessman has said he will pay $1m for anyone who arrests Russia’s president Vladimir Putin for war crimes. Alex Konanykhin is urging Russian military leaders to arrest and detain Putin as a war criminal. In a post on Facebook, the California-based crypto investor writes “I promise to pay $1,000,000 to the officer(s) who, [...]
Russian athletes banned from Winter Paralympics after rivals threaten boycott March 3, 2022 Athletes from Russia and Belarus have been banned from the Beijing Winter Paralympics after other nations, including Britain, threatened a boycott. The move represents a swift U-turn from International Olympic Committee, which had on Wednesday said they could compete as neutrals when the Games begin on Friday. It is the latest sporting sanction to hit [...]
Ed Warner: Sport needs a united front against Russia, not patchwork of policies March 3, 2022 On the opening day of Russia’s invasion of Ukraine the Polish wheelchair rugby team decided not to take to the court in their Euros group match against Russia in Paris. A classy move. If only others were so decisive. The leaders of world sport are already divided in their response to Vladimir Putin’s war. It [...]
Ukraine war Day 6: Russia admits close to 500 of its troops are dead with thousands wounded March 2, 2022 Some 498 Russian troops have been killed in Ukraine, with 1,597 wounded, Russia’s Defence Ministry said in its first report of military casualties since the country invaded its eastern European neighbour last week. Moreover, the Russian bombardment of Kharkiv in Ukraine has killed 21 people and hurt 112, a Ukrainian official said. Some Russian planes [...]