Author name: The News Craving

Spotify closes its office in Russia in response to attack on Ukraine

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Published by Reuters UK (Reuters) -Spotify said on Wednesday it has closed its office in Russia indefinitely in response to what the audio streaming platform described as Moscow’s “unprovoked attack on Ukraine.” Since July 2021, Russian legislation signed by President Vladimir Putin has obliged foreign social media companies with more than 500,000 daily users to […]

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Russian central bank, sovereign fund may hold $140 billion in Chinese bonds – ANZ

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Published by Reuters UK SHANGHAI (Reuters) – Russia’s central bank and sovereign wealth fund may account for nearly a quarter of foreign holdings of Chinese bonds, analysts at ANZ Research calculated, potentially offering shelter from Western sanctions imposed over Moscow’s invasion of Ukraine. Russia’s financial markets have been thrown into turmoil by sanctions imposed over

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Russian troops enter strategic Ukrainian port of Kherson

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Published by Reuters KYIV/KHARKIV, Ukraine (Reuters) -Russian troops were in the centre of the Ukrainian port of Kherson on Thursday after a day of conflicting claims over whether Moscow had captured a major urban centre for the first time in its eight-day invasion. Russia’s defence ministry said it had captured Kherson on Wednesday but an

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UN General Assembly to vote on demand Russia withdraw from Ukraine

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Published by AFP United Nations (United States) (AFP) – After more than 100 countries spoke during two days of extraordinary debate, the UN General Assembly was poised to vote Wednesday on whether it will vigorously deplore Russia’s invasion of Ukraine and demand Moscow withdraw troops immediately. The vote on the draft resolution is being touted

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U.S. closes its airspace to Russia as Ukrainian cities brace for attacks

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Published by Reuters UK WASHINGTON/KYIV (Reuters) -The United States closed its airspace to Russian planes as the Russian military attempted to encircle and subdue Ukrainian cities with intensifying bombardments on Wednesday, seven days into an invasion that has sparked massive international sanctions. Already shunned by the West, Russia has shown no sign of stopping an

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Biden rallies Congress behind Ukraine, says Putin has ‘no idea what’s coming’

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Published by Reuters By Steve Holland, Makini Brice and Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden assailed Russian President Vladimir Putin, barred Russian flights from American airspace and led Democratic and Republican lawmakers in a rare display of unity on Tuesday in a State of the Union speech dominated by Russia’s invasion of

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Ukraine and Russia: What you need to know right now

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Published by Reuters Here’s what you need to know about the Ukraine crisis right now: HEADLINES * U.S. President Joe Biden warned Vladimir Putin that the Russian leader “has no idea what’s coming”, as Western nations tightened an economic noose around Russia, whose invading forces bombarded Ukrainian cities and appeared poised for an advance on

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EU to spend €500m more on humanitarian aid for Ukraine

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Published by DPA The European Union is to spend “at least” €500 million ($556 million) on humanitarian aid in response to Russia’s war on Ukraine, European Commission President Ursula von der Leyen announced. The funds from the EU budget would “deal with the humanitarian consequences of this tragic war” by assisting Ukraine and refugees, von

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Lukashenko says Belarus deploying more forces to Ukraine border

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Published by Reuters UK MOSCOW (Reuters) – Belarus is deploying more forces on its border with Ukraine, state news agency Belta quoted Belarusian President Alexander Lukashenko as saying on Tuesday. “Those are well trained rapid deployment groups which are ready to stop any provocation and any military action against Belarus,” Lukashenko said. (Reporting by Moscow

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Russia seeks to halt investor stampede as sanctions hammer economy

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Published by Reuters UK By Carolyn Cohn and Lawrence White LONDON (Reuters) – Russia said it was placing temporary curbs on foreigners seeking to exit Russian assets on Tuesday, putting the brakes on an accelerating investor exodus driven by crippling Western sanctions imposed over the invasion of Ukraine. Russian assets went into freefall on Tuesday

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