Russian economy to lose nearly third of its value March 14, 2022 Russia’s economy will be plunged into turmoil this year as a result of the country being frozen out of the global economy in retaliation to Moscow invading Ukraine. The country’s output will tumble around 30 per cent this year, far worse than the amount it lost during the financial crisis, according to forecasts by the [...]
Oligarchs’ London mansions are ‘gold bricks to launder money’ says Sadiq Khan as Mayor labels UK refugee response ’embarrassing’ March 14, 2022 London Mayor Sadiq Khan described properties owned by Russian oligarchs in London as “gold bricks used to launder money”. Repeating his call for some to be used to house refugees from Ukraine, he said it would be a form of “poetic justice”. He told Times Radio: “I, for some time, with others, have been complaining [...]
Chaos at the Kremlin: Isolated Putin detains senior FSB security chiefs while third Russian general is killed in Ukraine March 13, 2022 Two senior officers in the Russian security service, the FSB, have been put under house arrest by President Vladimir Putin, according to a report this weekend. Andrei Soldatov, of the investigative website Agentura, reported that Sergei Beseda, the head of the Fifth Service – the FSB’s foreign intelligence branch – and his deputy have been [...]
Berkshire Hathaway says shareholders should vote against plans to replace Warren Buffett as chairman March 12, 2022 Berkshire Hathaway has called on shareholders to vote against plans to replace Warren Buffet as chairman of the Omaha headquartered investment company. The Board of Berkshire Hathaway said shareholders should vote down a proposal, put forward by Pennsylvania investment firm Federated Hermes, to separate the positions of Chairman and CEO within the firm. The move [...]
Putin’s girlfriend Alina and their four children go into hiding in luxury chalet in Switzerland March 11, 2022 The long-term girlfriend of Russian president Vladimir Putin - Alina Kabaeva - has reportedly gone into hiding in Switzerland, together with the couple's four young children.
Grant Shapps blocks Sadiq Khan’s Cockfosters development proposal March 11, 2022 Transport secretary Grant Shapps announced today he has blocked a development project brought forward by London mayor Sadiq Khan and Transport for London (TfL). Writing to Chipping Barnet’s MP Theresa Villiers Shapps said he refused the application made by TfL to build tower blocks over Cockfosters’ station car park. “It was shocking when Labour councillors [...]
Russia’s ‘most favoured nation’ trade status to be revoked by US and EU today March 11, 2022 US President Joe Biden is expected to announce today that, along with the European Union and the Group of Seven countries, the US will move to revoke “most favoured nation” trade status for Russia over its invasion of Ukraine. That is according to a source familiar with the matter who spoke on the condition of [...]
Boris Johnson to ask Brits to open their homes to some of the 2.2m Ukrainians fleeing Russian invasion March 11, 2022 The British public will be asked by the government to open their homes to Ukrainians fleeing the fighting in their country amid continuing criticism of its response to the refugee crisis. Levelling Up Secretary Michael Gove will set out on Monday details of a new “sponsored” humanitarian route to allow Ukrainians without family links to [...]
Ukraine war backfires as Russia’s economy is expected to take dramatic 10 per cent hit this year March 10, 2022 Analysts this morning revised their economic forecast for Russia in light of international sanctions imposed following the invasion of Ukraine. Experts at the Economic Intelligence Unit (EIU) said they expect economic activity to be severely disrupted with both domestic demand and the external sector taking a hit. “While the full impact of international sanctions and [...]
Russia confirms use of vacuum bombs and is expected to deploy private mercenaries in Ukraine March 10, 2022 The Ministry of Defence (MoD) said this morning Russia has confirmed the use of thermobaric rockets – often called vacuum bombs – in Ukraine and is also “likely” deploying private mercenaries. The MoD said its Russian counterpart had confirmed the use of thermobaric rockets creating “incendiary and blast effects” in the invasion. A video posted [...]
