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☆ European gas prices jump after Gazprom warns it could cut its last flows Europe, amid worries about apparent Nord Stream sabotage
▼ + stars: | 2022-09-28 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Denmark said the Nord Stream 1 pipeline gas leaks in the Baltic Sea were likely deliberate sabotage. European natural gas benchmarks jumped above 200 euros )$191.56) early Wednesday due to worries about the risks to gas supplies to Europe. The region is already facing an energy crisis after Russia choked off flows via the key Nord Stream 1 pipeline. Investors meanwhile were monitoring developments after recent damage to the Nord Stream 1 and Nord Stream 2 pipelines, which are leaking natural gas into the Baltic Sea. The US Central Intelligence Agency warned Germany weeks ago about potential attacks on Nord Stream, German magazine Der Spiegel reported Tuesday.

☆ Russia's former president said nuclear threats are not a bluff, and that NATO won't step in if Russia nukes Ukraine
▼ + stars: | 2022-09-27 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A top Russian official repeated Russia's nuclear threats, saying it "isn't a bluff." Dmitry Medvedev said NATO countries wouldn't step in if Russia fired a nuke on Ukraine. Russia will also "do anything" to prevent the nuclear weapons emerging in the country's "hostile neighbors" such as Ukraine, Medvedev said. Reminding the world about Russia's nuclear arsenal is nothing new among Putin and his allies. After Putin's latest statement, the White House warned Russia would face "catastrophic consequences" if it used tactical nuclear weapons.

☆ Sabotage suspected after unexplained leaks found on major Russian gas pipelines
▼ + stars: | 2022-09-27 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

View of pipe systems and shut-off devices at the gas receiving station of the Nord Stream 2 Baltic Sea pipeline. Investigations are taking place into unexplained leaks affecting both the Nord Stream 1 and 2 pipelines, which bring natural gas from Russia to Europe via the Baltic Sea. Neither pipeline was pumping gas at the time of the leaks: Nord Stream 1 stopped pumping gas to Europe "indefinitely" earlier this month, with Moscow's operator saying international sanctions on Russia prevented it from carrying out vital maintenance work. The newer pipeline Nord Stream 2, meanwhile, has never officially opened as Germany refused to certify it for commercial operations due to Russia's unprovoked invasion of Ukraine. "It is not yet possible to estimate the timing of the restoration of the gas transport infrastructure," it added.

☆ Senior Russian lawmakers express concern over Putin's mobilization drive 'excesses'
▼ + stars: | 2022-09-25 | by ( Hyder Abbasi | ) www.nbcnews.com time to read: +5 min

Amid increasing public anger about Russia's mobilization drive, two of the country's most senior lawmakers ordered regional officials to solve the “excesses” that have stoked protests and seen flocks of military-age men attempt to flee. “Appeals are coming in,” Volodin, speaker of the Duma, Russia’s lower chamber of Parliament, said in a post Sunday. Russian State Duma Chairman Vyacheslav Volodin in St. Petersburg in April. It said hundreds of people had been detained by police across Russia for protesting against the mobilization and the war. The territory controlled by Russian or Russian-backed forces in the four regions represents about 15% of Ukrainian territory.

☆ Complaints about Russia's chaotic mobilization grow
▼ + stars: | 2022-09-24 | by ( Kevin Liffey | ) www.reuters.com time to read: +5 min

Register now for FREE unlimited access to Reuters.com Register"It has been announced that privates can be recruited up to the age of 35. Reports have surfaced across Russia of men with no military experience or past draft age suddenly receiving call-up papers. "Some (recruiters) hand over the call-up papers at 2 a.m., as if they think we're all draft dodgers," he said. There has been a particular outcry among ethnic minorities in remote, economically deprived areas in Siberia, where Russia's professional armed forces have long recruited disproportionately. The interior ministry of the Russian region of North Ossetia advised people not to try to leave the country for Georgia at the Verkhny Lars frontier post, where it said 2,300 cars were waiting to cross.

Russia on Friday launched referendums in four eastern ukrainian regions aimed at annexing territory it has taken by force. Asked if Russia would have grounds for using nuclear weapons to defend annexed regions of Ukraine, Lavrov said Russian territory, including territory "further enshrined" in Russia's constitution in the future, "is under the full protection of the state." Ukraine's Foreign Minister Dmytro Kuleba said Lavrov's comments, and Putin's earlier statement when he said he was not bluffing about using nuclear weapons, were "irresponsible" and "absolutely unacceptable." The likely annexation of Ukrainian territory raises the question of how Russia might respond to the use of Western weapons in those regions. Lavrov sought to portray opposition to Russia's war in Ukraine as limited to Washington and countries under its influence.

☆ Pressing priority in Ukraine is to facilitate peace talks, China says
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +2 min

Chinese State Counsellor and Foreign Minister Wang Yi addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 24, 2022. REUTERS/Eduardo MunozUNITED NATIONS, Sept 24 (Reuters) - China supports all efforts conducive to the peaceful resolution of the "crisis" in Ukraine, its foreign minister Wang Yi told the United Nations General Assembly on Saturday, adding that the pressing priority was to facilitate peace talks. In a surprise acknowledgement, Russian President Vladimir Putin last week said China's leader Xi Jinping had concerns about Ukraine. Only when China is completely reunified, can there be enduring peace across the Taiwan Strait," he said. After the meeting, China accused the United States of sending "very wrong, dangerous signals" on Taiwan after Blinken told Wang that the maintenance of peace and stability of Taiwan was vitally important.

☆ HSBC warns investors to avoid European stocks
▼ + stars: | 2022-09-23 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. Dan Kitwood | Getty Images News | Getty Imageswatch now"We think that the emphasis should be on quality. With earnings season set to kick off in earnest next month, analysts broadly expect earnings downgrades to dominate worldwide in the short term. This need was exacerbated early this month when Russia's state-owned gas giant Gazprom cut off gas flows to Europe via the Nord Stream 1 pipeline. "The energy needs of the European chemical industry were equivalent to 51 million tonnes of oil in 2019.

☆ Putin's call-up won't make a dent in Ukraine for months and is already sowing panic at home with protests and people racing to get out of the country
▼ + stars: | 2022-09-22 | by ( Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Putin on Wednesday announced a partial military mobilization order seven months into the Ukraine war. Ukraine, on the other hand, ordered full military mobilization just days after the war began and is just now reaping the benefits. It could take more than a month for reservists to deployOne of the major obstacles to Russia's mobilization aspirations is the country's depleted military infrastructure. Photo by Contributor/Getty ImagesResistance from the Russian public is growingIt's not just military experts who have their doubts about Russia's mobilization. Russians across the country took to the streets following Putin's speech, sparking protests and chants of "no to war."

☆ Russian politicians shouldn't be drafted to fight in Ukraine because they need to stay and explain the war, lawmaker says
▼ + stars: | 2022-09-22 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Dmitry Vyatkin said that it is their "duty" to stay behind and explain the importance of the war. His comments came after one member of the State Duma requested to join the fight. His speech came after another member of the State Duma, who has a military background, said he wanted to join the fighting in Ukraine, Kommersant reported. Yury Shyvtkin, who is also a member of the United Russia political party, had previously been in the army between 1986 to 1992, Kommersant reported. Russian Defense Minister Sergei Shoigu said that around 300,000 people would be called up immediately as part of the mobilization.

☆ Putin effectively told the world his army is 'losing' in Ukraine by calling up hundreds of thousands of reservists and threatening to use nuclear force
▼ + stars: | 2022-09-21 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +7 min

Ex-diplomats and Russia experts said it showed that Russia is losing the war in Ukraine. By comparison, taking control of the Donbas is a far less ambitious goal for Putin than conquering the whole of Ukraine. In his address, Putin threatened the use of nuclear force in the event of a "threat" to the "territorial integrity" of Russia. "Anyone who finds it necessary to say that he's not bluffing most likely is," Daalder said of Putin's latest nuclear threat. Both the US and the UK have indicated that they view Putin's escalation of the Ukraine war as a sign that his invasion is not going well.

☆ Russian-backed separatists in Kherson say they will hold vote on joining Russia
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +2 min

Summary This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Sept 20 (Reuters) - Russian-installed officials in the Kherson region of Ukraine said they have decided to hold a referendum on joining Russia and have urged the Kremlin to give its permission as soon as possible, the separatist head of the region said on Tuesday. In a post on the Telegram messaging app, Vladimir Saldo, the Russian-appointed head of Kherson, said he hoped Kherson would become "a part of Russia, a fully-fledged subject of a united country." Saldo said Kherson joining Russia would "secure our region" and be a "triumph of historical justice." read moreShortly after Saldo's announcement about plans for a vote in Kherson, the head of Russia's parliament said he would support the regions joining Russia.

☆ 'No limits' relationship between China and Russia has limitations, professor says
▼ + stars: | 2022-09-16 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

"It's an unequal partnership, and China is in the dominant position in the relationship," said Matthew Sussex, an associate professor from Griffith University in Australia. He attributed it to the fact that Russia needs China more than China needs Russia. China and Russia's relationship may not necessarily be on equal footing, said an associate professor from Griffith University, Matthew Sussex. Still, the strategic partnership between China and Russia will continue to exist, said associate professor at University of Nevada, Xiaoyu Pu. "China will not provide any military support… to Russia, so I think China has its own reservations about Russia's war," he said.

☆ Putin is suffering 'legitimate humiliation' after misjudging the West's willingness to get involved in Ukraine war, Russia expert says
▼ + stars: | 2022-09-15 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Putin is likely humiliated as Russia's military losses mount in Ukraine, a Russia expert told Insider. Putin's personal vendetta against Ukraine and his misplaced assuredness in Russia's military supremacy likely blinded him to the Western world's willingness to come to Ukraine's aid. "He misjudged the willingness of western governments and firms to take a hit to punish Russia, and certainly the willingness of Europe to imperil their supply of gas." The US, too, has had to make sacrifices as a result of Russia's war in Ukraine. Russia's mounting military losses in conjunction with the Western world's rallying behind Ukraine is a worst-case scenario for Putin.

☆ The army Putin spent 2 decades building has been largely destroyed in Ukraine, and Russia's 'strategic defeat' could threaten his grip on power
▼ + stars: | 2022-09-14 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +8 min

Russia's military will have to be rebuilt because of the war in Ukraine, experts say. But the war in Ukraine has decimated the Russian military that Putin spent years building, while raising questions about his grip on power, Russia experts and military analysts told Insider. Russia's military is going to have to be rebuilt," George Barros, a military analyst at the Institute for the Study of War, told Insider. These losses have forced the Russian military to resort to pulling obsolete Soviet-era equipment, such as T-62 tanks, out of storage. The Russian military is "not nearly as powerful as we thought it was," he said.

☆ Putin is facing pressure from Russia's hawkish nationalists who want all-out war in Ukraine
▼ + stars: | 2022-09-07 | by ( Jason Corcoran | ) www.businessinsider.com time to read: +16 min

As the nationalists' most prominent figurehead, Igor Girkin has been among the most searing in his criticism of Russia's military strategy. Addressing his followers last week, Girkin said: "The war in Ukraine will continue until the complete defeat of Russia. The Smolninskoye District Court ruled that the municipal council should be dissolved and subsequently charged the deputies with "discrediting" Russia's military. The widespread purging of liberals and journalists that occurred in the early days of the Ukraine war is relatively straightforward in Russia. But cracking down on ultra- nationalists is more dangerous and may have dire consequences – especially if Russia loses the war.

☆ Sales of heated blankets and portable heaters are soaring in Europe despite a record heatwave, as people try to avoid sky-high winter fuel bills
▼ + stars: | 2022-08-25 | by ( Kate Duffy | Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Europeans are rushing to buy portable heaters and heated blankets ahead of energy bill hikes this winter. Portable electric heaters sales from two Swiss retailers are up 300% this year, per Tagesanzeige. Sales of portable electric heaters from Swiss retailers Microspot and Interdiscount are up 300% this year compared with 2021, a spokesperson told Swiss newspaper Tagesanzeige. The companies sold the most of the heaters in July, the spokesperson told Tagesanzeige. The spokesperson told Insider that: "The following is speculation, but in Switzerland we are currently expecting gas shortages in winter.

☆ Europe is hurting because Russia has cut down its natural-gas supply — but Russia is even worse off: study
▼ + stars: | 2022-08-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Russia has slowed natural-gas exports to Europe since invading Ukraine. A Yale University analysis found the move to be hurting Russia more than it's hurting Europe. Europe depends on Russia for 40% of its natural-gas needs, such as cooking in homes and firing up power stations. It's fretting over a winter energy crisis, as Russia has reduced natural-gas flows to the continent, citing sanctions-related challenges. Putin is pivoting east to sell Russian energy, but buyers are driving hard bargainsTo mitigate the impact from lower energy sales to Europe, Russian President Vladimir Putin is hawking Russia's energy exports to other markets, such as Asia — but at a discount.

☆ Russian law creates new hurdle for foreign plane lessors
▼ + stars: | 2022-03-14 | by ( ) www.reuters.com time to read: +4 min

Russian airlines have almost 780 leased jets, with 515 leased from abroad. Lawyers say a three-way legal battle between airlines, lessors and insurers could last for a decade. Major Russian airlines Aeroflot and S7 also declined comment. The Russian Federal Aviation Agency said 776 planes were registered abroad as of Feb. 24, the day Russia invaded Ukraine. Russia's state aviation authority recommended last week that airlines with foreign-leased aircraft suspend flights abroad, making it harder for lessors to make repossessions.

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