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Russia

  • Ikea announces sale in Russia ahead of exit as staff run through store in search of a bargain

    July 5, 2022

    People were seen running through Russian Ikea stores to grab a bargain as the retailer announced it is holding a sale before quitting the country. Footage shared online reportedly showed people sprinting through a store, while the Russian-language site for the Swedish furniture giant reportedly went down under weight of demand. The flat-packing retailer announced [...]

  • ‘Kaboom!’ Ukraine announces recapture of Black Sea’s strategically important Snake Island

    June 30, 2022

    Russia have abandoned the Ukrainian Black Sea outpost of Snake Island in a strategic victory for Kyiv against the Kremlin’s blockade. Ukrainian president Vlodymyr Zelensky’s office announced the major coup after Russia’s defence ministry said it withdrew as a “gesture of goodwill”. Its supposed gesture was done, according to Reuters, was to prove the Kremlin [...]

  • UK government is failing to match words with action in stamping out dirty money, MPs say

    June 30, 2022

    The UK government is failing to match its rhetoric with real efforts to crack down on dirty money, MPs have warned. The government is continuing to let the UK become a “safe deposit box” for morally bankrupt billionaires, despite its rhetoric around “clamping down” on Russian money, the Foreign Affairs Committee said. The committee said [...]

  • Gazprom and Uniper shares plunge as fallout from Ukraine crisis deepens

    June 30, 2022

    Shares at two of Europe’s largest energy firms have plummeted this week, as the gas crisis and between Russia and the West escalates.

  • Seeing G7 leaders naked would be ‘a disgusting sight’ as they abuse alcohol and don’t do sports, says Putin

    June 30, 2022

    Western leaders would look “disgusting” if they tried to emulate Putin’s bare-torso appearances, the Russian president said as he hit back at the G7 for mocking his athletic exploits. The Russian president made the comment during a visit to Turkmenistan when asked about western leaders joking about him at the G7 summit. As they sat [...]

  • UK doubles support for Ukraine with £1bn military aid

    June 30, 2022

    THE UK has pledged to give an extra £1bn in military aid to support the Ukrainian war effort, Boris Johnson said at the NATO Leader’s Summit yesterday. The extra money will almost double the total sums Britain has given in military aid to Ukraine so far, in bringing the total amount to £2.3bn. The UK’s extra [...]

  • Russia’s second-richest man and Putin’s cousin are latest targets for UK sanctions

    June 29, 2022

     Russia’s second richest man and president Vladimir Putin’s first cousin once removed are he latest targets of British sanctions against the Kremlin. Owner of major conglomerate Interros, Vladimir Potanin, has been targeted by the UK government because he “continues to amass wealth” that supports Russia’s war against Ukraine.  Potanin, who acquired Rosbank and shares in  [...]

  • Russia defaults on international debts after being cut out of financial system by Western sanctions

    June 28, 2022

    Russia yesterday defaulted on its international debts for the first time since the Bolshevik revolution after being unable to pay its creditors due to the impacts of Western sanctions. Ratings agency Moody’s yesterday said Russia’s failure to make payments on two Eurobonds worth $100m officially constitutes a default after its extended deadline to make the [...]

  • ‘War crime’: NATO to up troop numbers as shopping mall blaze branded ‘one of most brazen terror attacks in European history’

    June 28, 2022

    NATO is set to increase troop numbers by up to 300,000, as Russia’s missile strike on a Ukrainian shopping mall has been branded “one of the most brazen terrorist attacks in European history” by Ukraine’s president. Vlodymyr Zelensky condemned the “calculated hit” against a shopping centre with 1,000 people inside, in the city of Kremenchuk [...]

  • UK among G7 countries to ban Russian gold imports

    June 26, 2022

    Exported Russian gold will be shut out of the UK, Canada, US and Japan under a batch of fresh sanctions designed to ramp up pressure on Moscow’s war efforts, the government announced today. 

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