Ukraine Financial News

Hardeep Singh Nijjar, it is perhaps time for Canada to implement a 'foreign policy reset', shedding off its 'middle-power approach' and focussing more on 'Indo-Pacific diplomacy', Japan Times reported. Prime Minister Trudeau's allegation of an Indian role in the assassination of Khalistleader Nijjar on Canadian soil, triggered a broader deterioration in relations between Ottawa and New Delhi, the report noted. Notably, a similar episode also led to a deteriorating trend in China-Canada relations, the report stated, adding that Michael Spavor, a businessman, and Michael Kovrig, a former diplomat, were arrested by Beijing on espionage charges.

India has not only been closely monitoring Canada-based Sikh terror groups and their operatives, but also keeping a close watch on the role of NDP leader Jagmeet Singh (coalition partner in the Trudeau government) in encouraging extremist views. Jagmeet Singh has been alleged to influence Trudeau's pro-Khalistan politics and the Trudeau-Jagmeet alliance has engaged in vote bank politics amid the Canadian PM's rising unpopularity. India had engaged with certain countries, including Russia, on Jagmeet Singh's pro-extremist ideologies. Russia has banned Jagmeet's entry into its territory based on inputs provided by New Delhi, ET has learnt.

Khalistani terrorist Hardeep Singh Nijjar, a Canadian citizen. Nijjar, who was designated a terrorist in 2020 by India was killed outside a Gurudwara in British Columbia's Surrey in June this year.

New Hope chief executive Rob Bishop says insurance companies’ attitude towards the coal sector has mellowed, reducing the urgency around efforts to establish a self-insurance scheme for local miners and their suppliers.

Justin Trudeau's allegations of Indian involvement in the assassination of Sikh separatist leader Hardeep Singh Nijjar, Canada is contemplating a shift in its foreign policy approach, as reported by the Japan Times. Trudeau's accusation concerning Nijjar's assassination on Canadian soil has strained relations between Ottawa and New Delhi, with repercussions echoing in Canada's relations with other nations, particularly China. The arrests of businessman Michael Spavor and former diplomat Michael Kovrig by Beijing on espionage charges, in retaliation for the detainment of Huawei executive Meng Wangzhou in 2018 at the request of the United States, have added to the diplomatic tensions. China-Canada relations further soured due to allegations of Chinese electoral interference and threats against Canadian lawmaker Michael Chong, resulting in record-low favorability ratings for China in Canada. Discussing engagement between the two nations has become a sensitive issue. Canada's relations with Russia are also strained due to its staunch support for Ukraine in the ongoing conflict. Canada now finds itself in a precarious position, having alienated India, China, and Russia—three significant global players. Additionally, the looming possibility of Donald Trump's return to the U.S. presidency in 2024 poses another challenge, potentially misaligning Canada's goals with its most important economic, security, and political partner.

Pope Francis’ views on Russia and its invasion of Ukraine are alienating many Catholics in Central and Eastern Europe, who believe that the pontiff is understating Russia’s historic expansionism in the region and the threat it poses today. The pope’s recent praise of the 18th-century Russian empire that subjugated Ukraine stirred outrage well beyond Ukraine itself.

Russia's top diplomat denounced the United States and the West on Saturday as self-interested defenders of a fading international power structure, but he didn't discuss his country's war in Ukraine in his speech to the UN General Assembly. «The US and its subordinate Western collective are continuing to fuel conflicts which artificially divide humanity into hostile blocks and hamper the achievement of overall aims. They're doing everything they can to prevent the formation of a genuine multipolar world order,» Foreign Minister Sergey Lavrov said. «They are trying to force the world to play according to their own self-centered rules,» he said. As for the 19-month war in Ukraine, he recapped some historical complaints going back to the 1991 breakup of the Soviet Union, and alluded to the billions of dollars that the US and Western allies have spent in supporting Ukraine.

Ukraine on Saturday morning launched another missile attack on Sevastopol on the occupied Crimean Peninsula, a Russian-installed official said, a day after an attack on the headquarters of Russia's Black Sea Fleet that left a serviceman missing and the main building smoldering. Sevastopol was put under an air raid alert for about an hour after debris from intercepted missiles fell near a pier, Gov. Mikhail Razvozhayev wrote on the messaging app Telegram.

Keeping Russians happy as elections approach or kicking Joe Biden between the legs over Ukraine?  Vladimir Putin reckons he can do both — if ​​oil prices cross $100 a barrel to limit any damage to the Russian economy from his chokes on supply.

Ukraine on Saturday morning launched another missile attack on Sevastopol in occupied Crimea, a Russian-installed official said, a day after an attack on the headquarters of Russia's Black Sea Fleet left a serviceman missing and the main building smoldering. Sevastopol was put on air raid alert for about an hour after debris from intercepted missiles fell near a pier, Gov.

Michael Rubin has said Canadian Prime Minister Justin Trudeau has made a huge mistake by alleging that India had links with the killing of Khalistan terrorist Hardeep Singh Nijjar and said that the premier has not been able to back his allegations. «Prime Minister Trudeau I think has made a huge mistake. He has made allegations in a manner which he hasn't been able to back.

Justin Trudeau on Friday (local time) said that Ottawa had shared allegations regarding the killing of Khalistterrorist Hardeep Singh Nijjar with India weeks ago. While addressing a joint press conference with Ukrainian President Volodymyr Zelenskyy, Trudeau said, «In regards to India, Canada has shared the credible allegations that I talked about on Monday. With India, we did that many weeks ago.

Ukrainian President Volodymyr Zelenskyy entered the chamber of the House of Commons to give his historic address to Canadians.Zelenskyy appeared to wipe a tear away as he was met with a minute-long standing ovation before Trudeau gave his welcome speech emphasizing the “pivotal” moment facing the world, and pledging $650 million in new funding to support Ukraine over three years.In his speech, Zelenskyy focused on the necessity to “never submit to evil” and began by talking about the construction of the world’s first Holodmor monument in Edmonton in 1983.“At that time, Ukraine didn’t yet have memorials commemorating the victims of genocide of Ukrainians because Ukraine was under Moscow’s control,” Zelenskyy said.Zelenskyy said that in the past 40 years, a lot has changed. Ukraine gained independence and dozens of countries recognized the systemic starvation of Ukrainians by Russia as a genocide.“It is genocide, what Russian occupiers are doing to Ukraine,” Zelenskyy said.“It is not just about an ordinary conflict.

Hurriyat leader Mirwaiz Umar Farooq was released from house arrest and allowed to address the Friday congregation at the historic Jama Masjid for the first time since August 5, 2019. Mirwaiz, quoting from Prime Minister Narendra Modi's speech regarding the Ukraine war, said «this is not an era of war». Mirwaiz's release was welcomed by regional political parties across the spectrum, including the ruling BJP.

Russia’s Black Sea navy in the Crimean port of Sevastopol on Friday, and a major cyberattack interrupted internet services on the peninsula, Russian-installed officials said.Russia’s defence ministry said one serviceman was missing after the attack, revising its earlier statement that the serviceman had been killed.

Australia’s government has reported a $14.2 billion budget surplus for the last fiscal year

Russia plans to increase budget spending by 25.8% to 36.6 trillion roubles ($383 billion) in 2024, Prime Minister Mikhail Mishustin said on Friday.Moscow is spending heavily on its armed forces as it prosecutes what it calls a «special military operation» in Ukraine, and social spending is also expected to increase as Russia holds a presidential election in March. Next year's planned budget spending is equivalent to around 20.4% of gross domestic product (GDP). The plans for next year envisage a small budget deficit, with revenues expected at 35 trillion roubles, Mishustin said in a televised government meeting. The government was discussing budget plans for the next three years.

European battery startups are grappling with how to make less-expensive batteries at scale as they race to meet demand from an electrifying car industry, and while investors are still buying in, there is less enthusiasm than a few years ago. Battery production capacity to meet demand from car makers, whose electrification march is fueled by European Union climate policies, simply doesn’t exist yet in the EU, said Gert Meylemans, the general manager of Eurobat, an association that represents automotive and industrial battery manufacturers. Eurobat commissioned a study in 2019 that suggested battery supply would match demand by 2024.

Russia's Black Sea navy in the Crimean port of Sevastopol on Friday, causing a fire, local governor Mikhail Razvozhayev wrote on the Telegram messaging app. Separately, Russia's defence ministry said one serviceman was killed in the attack, while air defences had downed a total of five missiles. Razvozhayev said that although no further strikes were expected, locals were being urged to avoid the city centre where the navy building is located. Firefighters were at the site, he said, and some roads were closed. Razvozhayev said there were no civilian casualties or damage to civilian infrastructure. Crimea, which Russia seized and annexed from Ukraine in 2014, has been a frequent target of Ukrainian attacks in the course of the 19-month-old war. Russian-installed authorities said air defence downed another missile on Friday near the town of Bakhchysarai.

ZURICH (Reuters) — The war in Ukraine has reduced economic growth and «considerably» pushed up inflation across Europe, the Swiss National Bank said in a study published on Friday, with worse effects still to come.

KYIV (Reuters) -The first big ship carrying grain from a Ukrainian Black Sea (NYSE:SE) port has set sail since Moscow quit a deal in July to allow exports, a Ukrainian deputy prime minister said on Friday, part of Kyiv's campaign to break Russia's de facto blockade.