Iran, Argentina submit applications to join BRICS group

Iran, which holds the world’s second largest gas reserves, has applied to join the BRICS group of Brazil, Russia, India, China and South Africa that Beijing and Moscow cast as a powerful emerging market alternative to the West. The term BRIC was coined by Goldman Sachs economist Jim O’Neill in 2001 to describe the startling… Read More Iran, Argentina submit applications to join BRICS group

Western nations pledge more support and weapons for Ukraine

Western nations on Monday pledged unwavering support for Ukraine in the war with Russia, including more sanctions on Moscow and much-needed air defence systems, as Russian forces closed in on the last big city still held by Ukrainian troops in eastern Luhansk province. Leaders of the Group of Seven major democracies, meeting at a summit… Read More Western nations pledge more support and weapons for Ukraine

Ukraine imposes sanctions on Russian President Vladimir Putin, top officials

Ukrainian President Volodymyr Zelenskiy has signed a decree imposing sanctions, including asset freezes and travel bans, on Russian President Vladimir Putin and dozens of other top Russian officials, his website said on Thursday. The sanctioned officials included Putin’s spokesman Dmitry Peskov, Prime Minister Mikhail Mishustin, veteran Foreign Minister Sergei Lavrov and Defence Minister Sergei Shoigu.… Read More Ukraine imposes sanctions on Russian President Vladimir Putin, top officials

Finland and Sweden formally apply to join NATO

Finland and Sweden formally applied to join NATO on Wednesday, prompted by Russia’s invasion of Ukraine and triggering one of the most significant changes in Europe’s security architecture in decades. The applications came after more than 250 Ukrainian fighters surrendered to Russian forces at the Azovstal steelworks in Mariupol after weeks of resistance, bringing an… Read More Finland and Sweden formally apply to join NATO

UK imposes fresh sanctions on Russia targeting relatives of President Vladimir Putin

Britain said on Friday it had imposed its latest round of sanctions against Russia over its invasion of Ukraine, targeting Russian President Vladimir Putin’s financial network, including his ex-wife and cousins. “We are exposing and targeting the shady network propping up Putin’s luxury lifestyle and tightening the vice on his inner circle,” foreign minister Liz… Read More UK imposes fresh sanctions on Russia targeting relatives of President Vladimir Putin

Italy impounds luxury yacht linked to Russian President Vladimir Putin

The Italian government ordered police on Friday to impound a luxury yacht worth some $700 million that has been linked in the media to Russian President Vladimir Putin. The sleek, six-deck Scheherazade had been undergoing repairs in the Italian port of Marina di Carrara since September, but recent activity at the dockside suggested that the… Read More Italy impounds luxury yacht linked to Russian President Vladimir Putin