Page 8 - Russia

Yellen, G7 urge more aid for Ukraine and adherence to Russia sanctions

Yellen took the lead in urging the IMF to pull together a loan programme for Ukraine, adding that Washington was preparing an additional $10 billion in economic assistance

Biden to host G7 virtual meet, announce sanctions against Russia: WH

US President Joe Biden on Friday would host a virtual meeting of leaders from G-7 nations along with his Ukrainian counterpart Volodymyr Zelensky during which he will expect sweeping sanctions against Russia as its war against Ukraine enters the second year, the White House has said. G-7 comprises seven major world economies Canada, Italy, France, United Kingdom, Germany, Japan and the United States. Tomorrow morning, President Biden will gather with G-7 leaders and President Zelenskyy for a virtual meeting to continue coordinating our efforts to support Ukraine and hold Russia accountable for its war, White House Press Secretary Karine Jean-Pierre told reporters at her daily news conference. Thanking Japan, the new G-7 president, for its recent pledge to provide Ukraine with an additional USD 5.5 billion in economic assistance, Jean-Pierre said Tokyo has proven a steadfast ally, ready to step up and do its part to advance their shared interests and values. Our alliance with Japan

Will impose more sanctions on Russia: US treasury secretary Yellen in India

Yellen also met Finance Minister Nirmala Sitharaman for a bilateral meeting on the sidelines of G20

Managing a crisis: Russia-Ukraine war outbreak a setback for Indian economy

But its impact has been kept under check

NATO chief sees 'some signs' China could back Russia's war against Ukraine

NATO's chief has said that the military alliance has seen some signs that China may be planning to support Russia in its war in Ukraine, and strongly urged Beijing to desist from what would be a violation of international law. NATO Secretary General Jens Stoltenberg also told The Associated Press in an interview on Wednesday that the alliance, while not a party to the war, will support Ukraine for as long as it takes. Asked whether NATO has any indication that China might be ready to provide arms or other support to Russia's war, Stoltenberg said: We have seen some signs that they may be planning for that and of course NATO allies, the United States, have been warning against it because this is something that should not happen. China should not support Russia's illegal war. Stoltenberg said potential Chinese assistance would amount to providing (direct) support to a blatant violation of international law, and of course (as) a member of the UN security council China should not in an

Russian FM Lavrov to attend G20 Foreign Ministers' meet in India next month

Russian Foreign Minister Sergei Lavrov will be on a three-day visit to India to participate in the G2O Foreign Ministers' meeting in New Delhi from March 1-2, Russia's Ministry of Foreign Affairs said.Taking to Twitter, Russia's Foreign Ministry said that Lavrov will also meet External Affairs Minister S Jaishankar during his visit from March 1-3."March 1-3, New Delhi, negotiations with Indian FM @DrSJaishankar & participation in the meeting of the Foreign Ministers of the #G20 Member States," the Ministry tweeted.The foreign ministers of the Group of Twenty (G20) countries are set to meet in New Delhi in March.India's special invitee guest countries are Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and UAE. India is hosting G20 meetings across several cities around the country.The Russian Foreign Ministry also tweeted that he will hold meetings with Azerbaijan's President Ilham Aliyev and will also negotiate with his Azerbaijani counterpart Jeyhun ..

Ready to defend our national interests, dignity together with Russia: China

Beijing's top diplomat in Russia: 'No country can affect our ties with Moscow'

Host India does not want G20 to discuss more sanctions on Russia: Report

The officials said the war's macroeconomic impact would be discussed but India does not want to deliberate on additional actions against Russia

China-US superpower rivalry grows after war sweeps away multipolar world

The world order that seems to be emerging out of the Ukrainian rubble looks an awful lot like that of the Cold War

Russia-Ukraine war cost world economy $1.6 trn in 2022, says study

A German study has found that the ongoing Russia-Ukraine war cost the world economy a whopping $1.3 trillion in 2022.

Russia calls UN Security Council meeting on Nord Stream pipelines sabotage

Russia called a Security Council meeting Tuesday on last September's explosions at the Nord Stream 1 and 2 gas pipelines from Russia to Western Europe after circulating a resolution calling for a U.N. investigation of the sabotage. Ahead of the meeting, the ambassadors of Denmark, Sweden and Germany sent a letter to council members saying their investigations have established the pipelines were extensively damaged "by powerful explosions due to sabotage. The letter, circulated Tuesday morning, said further investigations are being conducted in all three countries and that it's unclear when they'll finish. It says Russian authorities have been informed about the ongoing investigations. Security Council experts held closed consultations Monday on the Russian draft resolution and council diplomats said there was opposition to it. No vote was expected at Tuesday's meeting, council diplomats said. Some council diplomats view the resolution as a spoiler attempt to take the spotlight off

India's HPCL faces challenges paying for Russian oil as banks baulk: Source

India's state-run Hindustan Petroleum Corp is facing difficulties in paying for Russian oil imports following a Dec. 5 price cap imposed by Western nations as banks shy away from processing payments

Global shares retreat on mixed manufacturing indicators in Europe, Asia

Global shares were mostly lower on Tuesday after manufacturing indicators in Europe and Asia painted a mixed picture and Russian President Vladimir Putin accused Western countries of threatening Russia. Shares fell in early trading in France, Germany and Britain and US futures declined. Oil prices were mixed. Russian President Vladimir Putin railed against the West Tuesday in a long-delayed state-of-the-nation address that shed light on how the Kremlin sees its bogged-down war in Ukraine. Such geopolitical factors add to uncertainties over slowing growth and weakening consumer demand in many economies. France's CAC 40 fell 0.1 per cent in early trading to 7,327.24. Germany's DAX lost 0.2 per cent to 15,441.85. Britain's FTSE 100 edged down 0.1 per cent to 8,005.92. After US markets were closed Monday for President's Day, the future for the Dow Jones Industrial Average was 0.6 per cent lower while that for the S&P 500 lost 0.7 per cent. In Europe, surveys of factory managers showed

President Vladimir Putin rails against West in state-of-the-nation address

Russian President Vladimir Putin railed against the West in his long-delayed state-of-the-nation address on Tuesday, a speech expected to set the tone for the year ahead and shed light on how the Kremlin sees its bogged-down war in Ukraine. Putin has frequently justified his invasion of Ukraine by accusing Western countries of threatening Russia. They say nothing could be further from the truth, saying that Moscow's forces attacked Ukraine unprovoked. It's they who have started the war. And we are using force to end it, Putin said in a speech broadcast by all Russian state TV channels. While the Constitution mandates that the president deliver the speech annually, Putin never gave one in 2022, as his troops rolled into Ukraine and suffered repeated setbacks. Now the address comes days before the war's first anniversary on Friday. Before the speech, Kremlin spokesman Dmitry Peskov has said that the Russian leader would focus on the special military operation in Ukraine, as Moscow c

Zelenskyy instilled hope as West, fearing for his life, advised him to flee

A year ago, with Russian forces bearing down on Ukraine's capital, Western leaders feared for the life of President Volodymyr Zelenskyy and advised him to flee. The US offered him an escape route. Instead, he filmed a defiant video of himself on a darkened street outside the presidential offices with his four closest aides arrayed behind him. We are all here, Zelenskyy said in a declaration of their determination to stay in Kyiv and defend Ukraine's independence. It was powerful political theatre. From the first days of the war, when few expected Ukraine's army to hold up against a Russian onslaught, Zelenskyy has inspired Ukrainians to fight. He has given them hope. Night after night, he has addressed the nation in a video posted on social media. His actor-trained voice can be soothing or forceful, rising in moral outrage as he condemns the most recent Russian atrocities and insists that those responsible will be punished. He speaks of the anger and pain from the devastation of th

Over 30 nations back ban on Russia, Belarus competing in int'l events

More than 30 like-minded nations have pledged their ongoing support for a ban on Russian and Belarusian athletes competing in international competitions, including the 2024 Olympic Games.

India steel imports from Russia rise to eight-year high in April-Jan: Data

India's imports of Russian steel rose to an eight-year high during the first 10 months of the financial year that began in April 2022, government data compiled by Reuters showed

US urges UN to condemn N Korea; China, Russia blame Washington for tension

The United States and its allies urged the UN Security Council to condemn North Korea's unlawful ballistic missile launches, but China and Russia blamed the US for escalating tensions with stepped-up military exercises targeting Pyongyang. At the emergency meeting on Monday, US Ambassador Linda Thomas-Greenfield told the council that the United States will propose a presidential statement, saying at a minimum all 15 members should be agreeable to condemning the North's unprecedented missile launches, to urging Pyongyang to comply with UN Security Council sanctions resolutions, and to engage in meaningful dialogue. A presidential statement from the Security Council requires the support of all its members, including North Korea's closest allies, China and Russia. Thomas-Greenfield said the United States condemns North Korea's firing of two short-range ballistic missiles Monday following the launch of an intercontinental ballistic missile Saturday in the strongest terms as flagrant ...

Wish to bring Russia, Ukraine together on table: Brazilian envoy to India

His remarks came after United States President Joe Biden made a surprise visit to Ukraine, just days before the anniversary of Russia's invasion of Ukraine

China may soon be supplying arms to Russia, warns Antony Blinken

US will suffer 'consequences' if it escalates balloon incident, says Beijing