Facing the prospect of Putin turning off the gas taps to Europe in tit for tat sanctions following Russia’s invasion of Ukraine, European Commission President Ursula von der Leyen says the focus is on finding LNG from “more reliable partners”. EU prime ministers last night adopted the harshest sanctions regime …
Read More »Ukraine-Russia war puts limelight back on bitcoin – and its carbon footprint
Bitcoin prices are climbing once again and while bitcoin mining is likely to come under renewed fire for its energy consumption, this should not prove fatal for the cryptocurrency. Bitcoin prices jumped by 13% on Tuesday on the back of new Western sanctions on Russia for its invasion of Ukraine. …
Read More »Risks to energy markets as SWIFT ban against Russia goes ahead
All eyes are on Russia’s oil and gas flows as the nation is barred from the international payment system SWIFT. The US, Canada, and a number of EU states announced a new series of sanctions against Russia over the weekend in light of its ongoing attack on Ukraine. The new …
Read More »Germany Can’t Stop Importing Russian Energy: Habeck
Currently, Russia provides Germany with 55 percent of the natural gas, 50 percent of the coal, and 35 percent of the oil consumed by its inhabitants. On Thursday, Germany’s Economy Minister Robert Habeck stated that he is not in favor of banning energy imports from Russia as they are necessary …
Read More »Putin Offers To Cease Attacks If Ukraine Disarms and Disengages From The West
The Kremlin signaled that it is willing to negotiate surrender terms with Ukraine in the midst of ongoing attacks on the country by Russian Forces in a statement by Kremlin Press Secretary Dmitry Peskov at about 2 pm today. According to Peskov, President Putin is now willing to speak to …
Read More »Israel Can Become a ‘Potential Ally’ if Palestinian Conflict Resolved, Saudi Crown Prince Says
Saudi Crown Prince Mohammed bin Salman also said he intends to continue ‘detailed talks’ with Iran to reconcile the two parties Israel can become “a potential ally” of Saudi Arabia if the conflict with the Palestinians is resolved, the Saudi state-news agency SPA cited Saudi Crown Prince Mohammed bin Salman …
Read More »Frustration, Rage Could Spur Putin to Make His Nuclear Threat Explicit
‘The thing about Putin is, if he has an instrument, he wants to use it. Why have it if you can’t?,’ a U.S. expert on Russia cautions Most of the world’s attention is naturally focused on the horrific images from the combat zones in Ukraine: bombed-out buildings, dead and wounded …
Read More »U.S. Warns Putin Against Deploying Nuclear Weapons in Belarus
Belarus updated its constitution on Sunday in a referendum to ditch its non-nuclear commitments, which could open the gates for the first nuclear warheads on Belarusian soil since 1991 The United States warned Russia and Belarus at a UN arms control meeting on Thursday not to deploy nuclear arms in …
Read More »Ukraine Nuclear Firm Says It Still Controls Key Plants but Russians Nearing
Russian troops are within 35 km of the Zaporizhzhia plant and the South Ukraine power plant, although both plants are working normally Ukraine still controls two key nuclear power plants in the south of the country, including Zaporizhzhia, Europe’s largest, but Russian forces are closing in, the acting head of …
Read More »Building Iraqi Army Will to Fight to Prevent Another Disaster
Conditions in Iraq have improved to the point that, in December 2021, the United States ended its combat support operations in the country. A residual force of about 2,500 U.S. military personnel remains to advise and train Iraq’s security forces. Operation Inherent Resolve—the U.S.-led campaign to defeat the Islamic State—has …
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