Donald Trump’s proposal for a free trade corridor with Ukraine poses a substantial risk to Kyiv’s aspirations for European Union membership, according to a former senior trade official. The plan,
Russia -Ukraine war
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Russia has achieved unprecedented levels of cryptocurrency-related criminal activity as Vladimir Putin intensifies efforts to conduct international trade outside conventional Western financial systems. Recent data compiled by financial analysts reveals
Ukraine has expanded its campaign of attacks against tankers transporting Russian oil, raising the stakes for the entire maritime sector as the potential theatre of conflict stretches from the Black
The Strait of Gibraltar has seen more than half of the Russian crude oil transported by dangerous “shadow fleets” of vessels pass through this year. This raises concerns about an
Unilever sold its Russian subsidiary for €520m to a local group after being criticized for continuing operations in the country following its invasion of Ukraine. Unilever, the London-listed consumer company,
As part of a G7 initiative to fund Kyiv’s defense against Russian aggression, EU countries approved a loan to Ukraine of up to €35bn before the year ends. According to
Russia has opened branches of its biggest state banks in Mariupol and other cities, consolidating its grip on the newly occupied parts of Ukraine.The Kremlin is encouraging companies to enter
The ongoing crisis in the Red Sea is causing a significant shift in the transport of goods between China and Europe, with an increasing number of freight companies turning to
King asked to revoke royal warrants for Cadbury and Marmite owner Unilever due to Russia connections
King Charles is being urged to revoke royal warrants for Cadbury and Marmite owner Unilever due to their connections with Russia. Ukrainian campaigners wrote to King Vladimir Putin ahead of
Germany will reintroduce limited military service. However, the plan falls short of the original goal set by the Defence Ministry to restore the conscription system that was scrapped 13 year
Unilever is keeping its Russian ice-cream business, despite plans to sell its frozen dessert brands. Magnum and Ben & Jerry’s owner, Unilever, is considering a possible sale or IPO for
The EU will take a major step to confiscate a possible €27bn profit that could be generated by Russian assets in Europe, which are frozen for the next four-year period.
Nord Stream has sued insurers, including Lloyd’s of London, for more than €400m (£345m ) in damages over explosions which destroyed pipelines used to carry Russian gas into Europe. The
Gazprom, the Russian gas company, plans to sell off its stakes across North Sea assets. It faces compensation claims of multi-billion dollar value from European gas companies due to its
Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive and longtime ally Alexei Miller: “This is great, I congratulate you on the
After being pressed by his colleagues, Viktor Orban, the Hungarian prime minister, rescinded a veto he had previously taken on the financial aid package. The compromise reached at an emergency
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