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Putin wants ‘unfriendly countries’ to pay rubles for gas.
Russian President Vladimir Putin declared that Russia will require "unfriendly countries" to pay for natural gas exports exclusively in rubles. This move comes in response to Western countries freezing Russian assets, which Putin claims undermines the reliability of their currencies.
UK inflation hits a 30-year high of 6.2% as Sunak readies...
British inflation surged to 6.2% in February, the highest since 1992, driven by soaring energy bills and fuel prices. The Office for National Statistics reports widespread food price increases, intensifying financial strain on households.
Ukraine war imperils wheat, but farmers are in no rush to...
The Ukraine-Russia conflict threatens wheat exports, crucial for Middle Eastern, Asian, and African food security. Farmers are cautiously considering planting more wheat to capitalize on price increases, balancing potential profits against challenges like drought and rising fuel costs.
UN chief: Don’t let Russia crisis fuel climate destruction.
UN Secretary-General Antonio Guterres cautions nations against prioritizing immediate energy needs over long-term climate goals, arguing that panic-driven fossil fuel strategies could undermine global warming mitigation efforts.
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
European Union countries accuse Russian forces of war crimes in Ukraine, particularly in Mariupol. German Foreign Minister Annalena Baerbock states that courts will need to decide, while acknowledging clear evidence of attacks on civilian infrastructure.
New rules for companies on climate risks proposed by SEC.
The Securities and Exchange Commission has proposed new rules requiring public companies to transparently report their greenhouse gas emissions, climate risks, and strategies for managing environmental challenges. Companies must detail potential financial impacts of climate change, including transition costs and physical risks from severe weather events.
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Ukrainian President Volodymyr Zelenskyy delivered an emotional speech to Israeli lawmakers, urging Israel to take a stronger stance against Russia. Comparing the invasion to Nazi actions, he questioned why Israel hasn't imposed sanctions or provided weapons, emphasizing the choice now facing the country in supporting Ukraine.
Boris Johnson: Russian win would bring ‘age of intimidation’
British PM Boris Johnson argues Russia's invasion of Ukraine represents a critical turning point, suggesting Putin fears the potential democratic inspiration Ukraine might spark. He emphasizes the importance of preventing Russian success to protect democratic principles.
High energy costs trigger unrest in parts of Europe.
High energy costs due to Russia's war in Ukraine are fueling unrest in Europe. Spain deployed over 23,000 police to manage protests, while farmers in France and Greece block highways. The conflict has dramatically increased oil and gas prices, causing economic hardship for transportation and agricultural sectors.
High energy costs trigger unrest in parts of Europe.
Across Europe, high energy costs are sparking widespread protests. Spain has deployed over 23,000 police to manage trucker strikes, while farmers in France and Greece block highways. Russia's war in Ukraine has dramatically increased oil and natural gas prices, causing significant economic strain for transportation and agricultural sectors.