Biden condemns Russia's 'outrageous' Christmas attack on Ukraine
President Biden on Wednesday condemned Russia's recent attack on Ukraine, declaring the wave of missile and drone strikes “outrageous.” “The goal of this egregious attack was to cut off access to winter heat and electricity for the Ukrainian people and to jeopardize the security of our power grid,” Biden said in a statement. “Let me […]
Russia's ruble is still worth less than a penny, and the Kremlin's piggy bank for propping it up is running low – Fortune
The ruble has bounced back from its lows earlier in the week after the central bank halted all foreign currency purchases for the rest of the year, but remains in tatters and with dwindling resources to prevent further collapse. On Friday, the central bank set the official rate at about $108 to the dollar. That's […]
'Coerced' JPMorgan Chase seeks to end NY lawsuit against Russia's VTB Bank By Reuters – Investing.com
Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co. (NYSE:) on Friday asked a U.S. federal court in Manhattan to dismiss a lawsuit against Russia’s VTB Bank over $439.5 million in accounts frozen after Russia’s invasion of Ukraine, saying VTB bank had “forced” it to drop the case. The largest U.S. bank sued VTB […]
Russia's UN ambassador refutes Trump pledge to end Ukraine war in a day
Russia’s UN Ambassador Vasily Nebenzia on Monday denied former President Trump’s frequent claims that he could end the Ukraine war in a day if re-elected. “The Ukraine crisis cannot be resolved in a day,” Nebenzia said. Said When asked about President Trump’s pledge at a press conference, he replied, “That’s an objective thing.” Trump has […]
International Criminal Court issues arrest warrants for Russia's top general, ex-defense minister
The International Criminal Court (ICC) on Tuesday issued arrest warrants for former Russian Defense Minister Sergei Shoigu and top Russian commander Valery Gerasimov on suspicion of war crimes related to attacks on civilians in Ukraine. The Hague-based International Criminal Court said Shoigu and Gerasimov were charged with “directing attacks on civilian objects” and “causing excessive […]
Trade war, not Russia's war, is the dollar's biggest threat
Russia’s attack on Ukraine in February 2022 has unleashed forces that will affect international relations and the global economy, but the outcome remains unclear for investors who are more focused on inflation and interest rates than geopolitical trends. But the West’s resolve is being tested. Support for Ukraine has been undermined by the overwhelming success […]
'We've got to be worried' about Russia's warships: Former KGB spy
(News NationRussia sent three warships and a nuclear submarine to Cuban waters on Tuesday, Regular military exercisesshowing a strength that makes some people uneasy. “Vladimir Putin is up to his own devices again. He likes to scare people,” former spy Jack Barsky said during an appearance on NewsNation’s “The Hill” on Wednesday. Russia’s Cuba military […]