Ukraine Financial News

The International Energy Agency has doubled down on finding that no new oil, gas and coal projects can be built if the energy sector is to reach net-zero emissions by 2050, but left the door open for investment in existing fields and already approved projects to help avoid damaging price shocks.

The British government is considering scrapping a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England

(Reuters) — Moscow and Washington have accused each other of destabilising the South Caucuses region, as thousands of ethnic Armenians fled their homes in Nagorno-Karabakh over ethnic cleansing fears.

Beijing on Monday that tough security laws and a more «politicised» business environment have left European companies struggling to understand their obligations and questioning their future in China. China's refusal to condemn ally Russia for its war in Ukraine also poses a «reputational risk» for the world's second-largest economy, Trade Commissioner Valdis Dombrovskis said in a speech at Beijing's Tsinghua University. He said transparency and openness were «a winning strategy in the long run», at a time when trade tensions between the European bloc and China are mounting. «China is navigating a challenging transition from an investment-led economy to a broad-based economy,» he said. «For this it needs to remain open.» Dombrovskis's four-day trip, which kicked off Saturday, follows a report by the EU Chamber of Commerce that showed business confidence was at one of its lowest levels in years. It also follows Brussels' decision to launch a probe into Beijing's electric car subsidies. The investigation could see the EU try to protect European carmakers by imposing punitive tariffs on vehicles it believes are unfairly sold at a lower price. Chinese Vice Premier He Lifeng on Monday reiterated Beijing's «strong dissatisfaction» over the probe. «China once again expresses its high concern and strong dissatisfaction with the EU's plan to launch an anti-subsidy investigation into Chinese electric vehicles,» He told a joint press conference with Dombrovskis following their talks. «We hope that the EU side will deal with that issue with caution and continue to maintain a free and open market,» he added. But Dombrovskis painted a more positive picture of Monday's conversations, saying the two sides had agreed to «resume regular

India, Canadian Prime Minister Justin Trudeau may have picked up a battle with Israel by inviting an ex-Nazi to the country's parliament on the occasion of a visit by Ukrainian president Volodymyr Zelenskyy last week. Canadian House of Commons speaker Anthony Rota on Sunday issued an apology to the Jewish community for honouring Yaroslav Hunka, 98, who served in a Nazi division in Ukraine during the Second World War. The apology came after Canada's leader of opposition Pierre Poilievre pointed out Trudeau's «appalling error in judgment» as the prime minister's office is responsible for arranging and vetting all guests and programming for state visits. In a post on X, Poilievre said Liberals arranged for a Nazi veteran to be recognised on the floor of the House of Commons during Zelenskyy's visit and demanded an apology from thePM.

NEW DELHI : Valdis Dombrovskis, the EU’s chief trade negotiator, did some plain-speaking with China on Monday, saying that the latter’s tough security laws and a politicized environment had left European businesses anxious over their future in the country. While on tour there, he also said that the EU was being forced to act assertively.

Canadian Prime Minister Justin Trudeau has announced several support measures for Ukraine including military, economic and humanitarian assistance

Russia says Ukraine has launched another missile attack on Sevastopol on the occupied Crimean Peninsula

The European Union’s trade commissioner has called for a more balanced relationship with China, noting an EU trade deficit of nearly 400 billion euros ($425 billion)

The British government is considering scrapping a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England

President Emmanuel Macron is preparing to reveal how France plans to reduce greenhouse gas emissions and meet the country’s climate-related commitments within the next seven years

At the U.N. General Assembly meeting in New York, African leaders are relaying a unanimous message, that their continent of more than 1.3 billion people is done being a “victim” of a post-world war order and must be recognized and partnered with as a g...

Reuters quoted two sources on Monday. The development revives the listing plans for the pharmaceutical company which it shelved in 2022 as Russia's invasion of Ukraine disrupted global markets.

Gazprom and Rosneft, Alexei Miller and Igor Sechin, will join President Vladimir Putin's retinue during his visit to China next month, sources familiar with the plans told Reuters. Putin is scheduled to meet China's President Xi Jinping for talks in Beijing and will attend the third Belt and Road Forum following an invitation from Xi during a high-profile visit to Moscow in March. The sources said other senior Russian energy officials would also be in the delegation. Sechin will hold his own energy event following Putin's visit, a source said, without providing details. Gazprom, the world's biggest natural gas producer, and Rosneft, Russia's biggest oil producer, did not immediately reply to requests for comments. Russia is bolstering its ties with Asia, especially economic powerhouse China, to offset reduced trade with Europe, its traditional buyer of oil and gas, over Moscow's actions in Ukraine. Chinese-Russian trade has soared since what Moscow calls a «special military operation» in Ukraine began in February 2022.

Nazi soldier in Canada's parliament as "disgusting", the Ambassador of India to Russia, Denis Alipov has said that apologies for ignorance are absolutely ridiculous. The envoy, infact called Canada a «safe haven» for the Ukrainian Nazis in his post on social media platform X. Alipov said, «Canada has been and remains a safe heaven for Ukrainian Nazis and not only them. Apologies for ignorance are ridiculous while standing ovation tells it all.» «Thank God Zelensky's grandfather does not see what his grandchild has become.

Ukraine's air force reported downing all Russian drones overnight, but one of 12 Kalibr missiles and two P-800 Oniks cruise missiles apparently made it past air defences the day after the war in Ukraine entered its 20th month. Russia has continuously targeted port and grain storage facilities in Odesa since pulling out of a deal that allowed Ukrainian grain exports to countries facing the threat of hunger. The attacks have destroyed silos, warehouses, oil terminals and other infrastructure critical for storage and shipping. In the south, Russian forces dropped bombs and launched six heavy artillery strikes on Kherson, destroying a school and factory and damaging residential buildings.

Canadian Prime Minister Justin Trudeau finds himself engulfed in a fresh political crisis after lawmakers gave a standing ovation to a man who had served in a Nazi unit during World World II. Mint unpacks the incident. Ukraine’s President Volodymyr Zelensky was in Canada last week and spoke in front of the House of Commons, which is Canada’s Parliament.

FALMOUTH HARBOUR, Antigua and Barbuda—Two dozen armed police and five FBI agents fanned out across the harbor here early one morning last year. They raided the Alfa Nero, a 270-foot megayacht believed to be owned by Andrey Grigoryevich Guryev, a Russian phosphates magnate sanctioned by the U.S. for links to President Vladimir Putin.

Canada’s defence minister isn’t saying whether the federal government’s Indo-Pacific strategy could be reassessed in light of heightened tensions with India over allegations that Indian government agents may be linked to the murder of a Sikh activist on Canadian soil.

Nord Stream pipelines, cutting off a major route for Russian gas exports to Europe and reports allege that Ukrainians may have played a role in this. The blasts occurred in the economic zones of Sweden and Denmark, so both countries launched investigations into the incident. So far, they say the explosions were deliberate, but they have yet to single out who was behind the blasts, according to a report in Aljazeera. On September 26, 2022, several underwater blasts ruptured three of the four pipelines comprising Nord Stream 1 and Nord Stream 2, throwing vast amounts of gas into the Baltic Sea near Bornholm, Denmark. “Dutch military intelligence warned the CIA of a Ukrainian plan to blow up the pipelines three months before the attack, Dutch broadcaster NOS and Germany’s Die Zeit and ARD reported in June.

Canada's Leader of Opposition Pierre Poilievre criticised Canadian Prime Minister Justin Trudeau for meeting and honouring a veteran of the 14th Waffen Grenadier Division of the SS (a Nazi division). He demanded an apology from Trudeau over the matter. Taking to X, formerly known as Twitter, Poilievre said Liberals arranged for Nazi veteran to be recognized on the floor of the House of Commons during Ukrainian President Volodymyr Zelenskyy's visit to Canada this week.