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Search resuls for: "UK's Telegraph"


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Read previewThe head of Ukraine's navy said he would gladly take charge of two British warships that will reportedly be retired this year as the UK does not have enough sailors to man them. Advertisement"The Navy needs warships, because we understand that there is no navy without ships," he said, adding: "This is why, if such a decision is taken, concerning the possibility of handing over two frigates to the [Ukrainian] Navy, we will be very happy." Neizhpapa said Ukraine needs more ships and weapons to ensure a peaceful future for Ukraine. He also told Sky News said Ukraine needs ships to stop Russia's navy from being able to attack Ukraine, and to protect areas so that ships can access Ukrainian ports. AdvertisementRussia, meanwhile, has used its navy to frustrate Ukrainian trade and to launch missile attacks across Ukraine.
Persons: , Adm, Oleksiy Neizhpapa, Neizhpapa Organizations: Service, Business, UK's Telegraph, Royal Navy, Sky News, Navy, Ukraine, Russia Locations: Ukraine, Russia, Ukrainian, Crimea, Russian, Moscow, Sevastopol
An Abu Dhabi-backed investment fund said Monday it has paved the way to take ownership of Britain's Telegraph newspaper and The Spectator magazine after striking a deal with the publications' previous owners to repay debts owed by them. The Barclay family owned the right-leaning newspaper and magazine nefore they were put into receivership. Various media firms have been reported to be interested in taking over the publications, including German publisher Axel Springer and the Daily Mail's publisher. The fund said the deal includes an option to turn the loans into equity which would give it ownership control of the newspaper and magazine. Lenders for the Barclay family would need to agree to the deal, which is expected to attract a high level of political scrutiny.
Persons: Abu, Jeff Zucker, Media Investments —, Britain's Barclay, Barclay, Axel Springer Organizations: Britain's Telegraph, The Spectator, IMI, RedBird, CNN, Abu Dhabi's, Media Investments, Lloyds Bank, Ritz Hotel, Daily, International Media Investments Locations: Abu Dhabi, German
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