The Group of Seven’s financial leaders agreed on $9.5 billion in new aid to Ukraine on Friday and promised enough money to keep the country’s devastated economy afloat as long as it fights against Russia’s invasion. Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy – the… Read More G7 pledges $9.5billion in aid to Ukraine
Russia’s Gazprom has informed Finland it will halt flows of natural gas from Saturday morning, Gasum said on Friday, after the Finnish state-owned gas wholesaler refused to pay its Russian supplier in roubles. Gazprom Export has demanded that European countries pay for Russian gas supplies in roubles because of sanctions imposed over Moscow’s invasion of… Read More Russia halts gas supply to Finland over refusal of rouble payment
Britain on Friday said it was launching talks over a free trade deal with Mexico, looking to add services to its current agreement as well as aiming to increase trade in the financial and digital sectors. Britain and Mexico agreed a continuation trade deal before Britain left the sphere of the European Union, but that… Read More Britain launches free trade deal talks with Mexico
President Joe Biden’s administration authorized $100 million of additional military aid to Ukraine on Thursday, the latest in a series of transfers to help Kyiv repel Russia’s invasion, U.S. Secretary of State Antony Blinken said. The new transfers will be the tenth time that Biden has used his Presidential Drawdown Authority (PDA) to help Ukraine… Read More U.S. authorizes $100million military aid to Ukraine
McDonald’s Corp is selling its restaurants in Russia to one of its current local licensees, who will rebrand them under a new name, ending more than three decades of the “Golden Arches” in the country, the fast-food company said on Thursday. The world’s largest burger chain owns 84% of its nearly 850 restaurants in Russia.… Read More McDonald’s to sell its Russian restaurants to local operator
Twitter Inc will begin placing warning notices in front of some misleading content regarding the conflict in Ukraine and limit the spread of claims debunked by humanitarian groups or other credible sources, the social media company said on Thursday. The step-up against misinformation around Russia’s invasion of Ukraine, which Moscow calls a “special military operation,”… Read More Twitter to place warning labels on misinformation regarding Ukraine conflict
The U.S. Senate overwhelmingly approved nearly $40 billion in new aid for Ukraine on Thursday sending the bill to the White House for President Joe Biden to sign into law as Washington races to keep military assistance flowing nearly three months after Russia’s invasion. The Senate voted 86-11 in favor of the emergency package of… Read More U.S. Senate approves $40billion in aid to Ukraine
The U.S. embassy in Kyiv reopened on Wednesday after a three-month closure due to Russia’s February 24 invasion of Ukraine. “We are officially reopening operations,” spokesperson Daniel Langenkamp said shortly before the U.S. flag was raised above the embassy. He said a small number of diplomats would return initially to staff the mission. Consular operations… Read More U.S. reopens embassy in Kyiv following three-month closure
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