Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Vladimir Putin's"


25 mentions found


Russia's service sector contracts for second month running -PMI
  + stars: | 2022-12-05 | by ( ) www.reuters.com   time to read: +2 min
The S&P Global Purchasing Managers' Index (PMI) for Russian services climbed to 48.3 after hitting an eight-month low of 43.7 a month earlier - but remained below the crucial 50 mark that separates expansion from contraction. The latest PMI surveys - closely watched indicators of economy performance - show signs that Russian firms are tentatively recovering from the initial economic blow. A sister survey published last week showed Russia's manufacturing industry expanded at its fastest pace in almost six years during November. Export orders fell faster in November than a month earlier, S&P Global said, while domestic demand remained weak, with employment levels falling and prices for supplies and logistics on the rise. Reporting by Jake Cordell; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
LONDON, Dec 4 (Reuters) - The British government is looking at bringing in the military to help keep public services running if key workers, including in the state-run National Health Service, take strike action, the chairman of the governing Conservative Party said on Sunday. "We're looking at the military, we're looking at a specialist response force... a surge capacity," he said, adding that the military could be brought in to drive ambulances. Zahawi again blamed Russian President Vladimir Putin's invasion of Ukraine for fuelling energy price rises and inflation, calling on public sector workers to "come together". "There is a minimum safety level of delivery in place already, but the NHS will look at all contingency planning," he said. Reporting by Elizabeth Piper Editing by Gareth Jones and Susan FentonOur Standards: The Thomson Reuters Trust Principles.
MOSCOW, Dec 4 (Reuters) - Russia will not export oil that is subject a Western-imposed price cap even if Moscow has to accept a drop in oil production, President Vladimir Putin's point man on energy said on Sunday. "We are working on mechanisms to prohibit the use of a price cap instrument, regardless of what level is set, because such interference could further destabilise the market," Russian Deputy Prime Minister Alexander Novak said. Russia will not operate under a price cap, even if Moscow has to cut production, Novak said. On Friday, G7 nations and Australia agreed a $60 per barrel price cap on Russian seaborne crude oil in a move to deprive President Vladimir Putin of revenue while keeping Russian oil flowing to global markets. Reporting by Reuters; editing by Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.
LONDON, Dec 4 (Reuters) - Britain's government is looking at bringing in the military to help keep public services running if key workers, including in the state-run National Health Service, take strike action, the chairman of the governing Conservative Party said on Sunday. "We're looking at the military, we're looking at a specialist response force... a surge capacity," he said, adding that the military could be brought in to drive ambulances. Workers at post and parcel company Royal Mail have held several rounds of strikes this year in a dispute over pay and working conditions and more strikes are planned this month. Zahawi again blamed Russian President Vladimir Putin's invasion of Ukraine for fuelling energy price rises and double-digit inflation, calling on public sector workers to "come together". "There is a minimum safety level of delivery in place already, but the NHS will look at all contingency planning," he said.
Ukraine urges tougher Western squeeze on Russian oil prices
  + stars: | 2022-12-03 | by ( ) www.cnbc.com   time to read: +1 min
The office of Ukrainian President Volodymyr Zelenskyy called Saturday for a lower price cap on Russian oil than the one agreed to by Ukraine's Western supporters, while Russian authorities called the $60-per-barrel cap harmful to free, stable markets. The cap is set to take effect Monday, along with an EU embargo on Russian oil shipped by sea. "It would be necessary to lower it to $30 in order to destroy the enemy's economy faster," Yermak wrote on Telegram, staking out a position also favored by Poland — a leading critic of Russian President Vladimir Putin's war in Ukraine. The Russian Embassy in Washington insisted that Russian oil "will continue to be in demand" and criticized the price limit as "reshaping the basic principles of the functioning of free markets." A post on the embassy's Telegram channel predicted the per-barrel cap would lead to "a widespread increase in uncertainty and higher costs for consumers of raw materials."
Russia has a "shadow fleet" of oil tankers to bypass western sanctions, the Financial Times reported. The EU has agreed on a $60 a barrel price cap on Russian oil after Poland wanted it set at just $30. Russia assembled what the industry described as the "shadow fleet" in a bid to counter new sanctions. Analysts estimate a shortfall as Russia still needs more tankers to maintain its export levels, according to the report. Rystad analyst Viktor Kurilov told the newspaper: "Russia needs more than 240 tankers to keep its current exports flowing."
NEW YORK, Dec 2 (Reuters) - The European Union's agreed $60 per-barrel price cap on Russian seaborne crude oil will keep global markets well supplied while "institutionalizing" discounts created by the threat of such a limit, a senior U.S. Treasury official said on Friday. The official, speaking to reporters hours after EU governments persuaded holdout Poland to accept the cap, said the move will limit Moscow's oil revenues and divert billions of dollars away from its war in Ukraine. "By setting the price at $60 per barrel, we're institutionalizing the steep discount at which Putin has been forced to sell Russian oil, a discount that exists in part because the threat of the price cap has forced Russia to offer bargain deals to importing countries," the official said. In a separate statement, U.S. Treasury Secretary Janet Yellen said the price cap would further constrain Russian President Vladimir Putin's revenues. "With Russia’s economy already contracting and its budget increasingly stretched thin, the price cap will immediately cut into Putin’s most important source of revenue," Yellen said.
BP is set to get "blood money" from its stake in a Kremlin-controlled firm, a Zelenskyy aide said. It still owns a near-20% stake in Rosneft after saying in February that it would sell its holding. A BP spokesperson told Insider it had taken a $24 billion hit on its investment in Russia. A BP spokesperson said it was not making any profit from its Rosneft stake. "BP was among the first of the oil majors to announce its intention to exit Russia by selling its stake in Rosneft, the Kremlin's oil company.
Ukrainian embassies in Europe have gotten packages with "animal eyes," in them, an official said. This comes after an apparent bomb inside an envelope exploded at the Ukrainian embassy in Madrid. "The packages contained animal eyes," Oleg Nikolenko, a spokesperson for Ukraine's Ministry of Foreign Affairs, said in a Facebook post on Friday. The gruesome packages were received by the Ukrainian embassies in Hungary, the Netherlands, Poland, Croatia, Italy, and Austria, Nikolenko said. "We have reasons to consider what's going on a well-planned campaign of terror and intimidation of embassies and consulates of Ukraine," Ukraine's Foreign Affairs Minister Dmytro Kuleba said.
- Have patience, Russia sanctions will work, Lithuania PM says
  + stars: | 2022-12-01 | by ( ) www.reuters.com   time to read: +3 min
Poland and other Western states have said the missile was a Ukrainian air defence missile that went astray in pursuit of a Russian missile. "The better air defence system Ukraine has, the less probability of incidents like that might happen... It is important not only for NATO to provide a decent (air) defence system, but also provide Ukraine with a decent (air) defence system," she said. Since the invasion, NATO has named Russia a persistant threat, nearby Sweden and Finland have applied to join the alliance and the NATO presence in the Baltics has increased. The Belarus military did not take part in the Russian invasion of Ukraine, but Russian troops used Belarus territory for their offensive.
Western countries have sent Ukraine a variety of weapons to help it fend off Russia's invasion. At various stages of the war, certain systems have proven to be decisive and critical for Kyiv. These weapons include anti-tank weapons, drones, and rocket artillery systems. "If it were not for Western security assistance to Ukraine, Russia would've already won the war." Here are some of the game-changing weapons that have helped Ukraine spoil Putin's invasion plans and even turn the tides of the war.
After explosions - whose cause is under investigation - damaged the Nord Stream Russian gas pipeline system to Europe under the Baltic Sea, Putin in October proposed setting up a gas hub in Turkey, building on a southern route for exports. "Does Europe need the project, given the determination of the EU countries to forego Russian gas in the nearest future?" A source in Russia's pipeline gas exporting monopoly Gazprom (GAZP.MM) said be believed the hub would facilitate sales. "That will not be Russian gas, but gas from the hub," said the source, who did not want to be named due to the sensitivity of the matter. Neither Gazprom, nor the Kremlin provided a cost estimate for the Turkish hub idea.
Russia should use advanced weapons in Ukraine, Shoigu says
  + stars: | 2022-11-30 | by ( ) www.reuters.com   time to read: +1 min
MOSCOW, Nov 30 (Reuters) - Russia's defence minister said on Wednesday that the armed forces should use new advanced weapons systems in the conflict in Ukraine. Shoigu, one of President Vladimir Putin's closest allies, did not specify which advanced weapons should be used, though he said he wanted to discuss with the generals new ways of improving artillery and missile attacks. "New ways of using them in combat are being tested," Shoigu said, without giving specifics. In Ukraine, Shoigu said, counter-battery fire was being improved by using long-range rocket systems such as Tornado-S and high-power "Malka" artillery systems. "This makes it possible to effectively hit foreign rocket and artillery systems," Shoigu said.
The final weeks of the current Congress will feature debate over another aid package for Ukraine. Before opening the checkbook again, lawmakers need to ask how they want this war to end and how more aid will bring it about. Before Washington opens the checkbook again, lawmakers need to subject aid proposals to a simple Petraeus Test. So far, the story of American support of Ukraine against Russia's terrible invasion attempt has been one of unhesitating generosity. At the very least, legislators must push advocates of more aid for Ukraine to explain exactly how America's national security would be enhanced.
Russian President Vladimir Putin attends the Collective Security Treaty Organization (CSTO) Leaders meeting in Yerevan on November 23, 2022. That, Russian political analysts say, will be catastrophic for Putin and the Kremlin, who have banked Russia's global capital on winning the war against Ukraine. They told CNBC that anxiety was rising in Moscow over how the war was progressing. Needless to say, that latest withdrawal darkened the mood even among the most ardent Putin supporters. Another Russian analyst said Putin is increasingly desperate not to lose the war.
"Our hospital couldn't become a Russian hospital," the lead physician told The Wall Street Journal. Kherson, a southern port city, was the first major Ukrainian city taken by Russian forces after the invasion in February. "Our hospital couldn't become a Russian hospital," Chief Physician Dr. Leonid Remiga told the Journal. Within days of the Russian forces invading the city, soldiers showed up to the hospital with the intention of converting it into a military hospital. Remiga told them the hospital was dealing with a COVID-19 outbreak.
Some European officials have accused the US of profiting from the war in Ukraine, Politico reported. A White House official said high prices were caused only by "Putin's energy war against Europe." Officials told the publication that the Biden administration was making a "fortune" from Vladimir Putin's invasion of Ukraine, while European countries were left to suffer. Officials, including French president Emmanuel Macron, have called US climate legislation, and ensuing gas prices, "not friendly." "The Inflation Reduction Act has changed everything," one EU diplomat told Politico.
Germany slammed comments from Boris Johnson about its attitude to Russia's invasion of Ukraine. Johnson said on Monday that Germany initially wanted Ukraine to "fold" to get it over quickly. Hebestreit pointed to Germany's military support to Ukraine as evidence that it did not want it to lose. Despite being politically embattled domestically throughout the Ukraine conflict, Johnson developed close ties with President Volodymyr Zelenskyy before he stepped down and was widely celebrated in Ukraine. Ultimately, Johnson told CNN, the EU has "done brilliantly" despite his initial "anxiety" about member states' reactions to Putin's aggression.
Nov 24 (Reuters) - Russian internet giant Yandex NV (YNDX.O) is seeking President Vladimir Putin's approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. The company has informally enlisted former finance minister Alexei Kudrin to win Putin's approval, in principle, for the restructuring plan, according to the report. Often referred to as Russia's Google, Yandex like many Russian companies has had turbulent few months after grappling with Moscow's increasing isolation in the wake of the Ukraine conflict. In August, VK, a state-controlled company with close links to Putin, agreed to buy Yandex's news feed and homepage. In exchange, Yandex acquired food delivery company Delivery Club from VK to focus on other business areas, such as food delivery and ride-hailing.
Summary This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Nov 24 (Reuters) - The Kremlin on Thursday denied that its attacks on Ukraine's electricity network were aimed at civilians, but said Kyiv could "end the suffering" of its population by meeting Russia's demands to resolve the conflict. But Kremlin spokesman Dmitry Peskov told reporters that "there have been no strikes on 'social' targets and there are none - special attention is paid to this". "As for targets that are directly or indirectly related to military potential, they are accordingly subject to strikes," he said. Peskov was asked how the suffering of Ukraine's civilian population could be reconciled with President Vladimir Putin's positions.
[1/3] Members of the pro-Ukrainian Chechen battalion check an area, amid Russia's attack on Ukraine, in the town of Bakhmut, Ukraine November 11, 2022. Maga, his nom-de-guerre, is part of a unit of Chechen fighters helping Ukraine battle Russian troops in eastern Ukraine. "We're not fighting just for the sake of fighting," said Maga, who declined to give his real name for security reasons. That has not extinguished hope among Kadyrov's opponents, including Chechens fighting Russian forces in Ukraine, that the authoritarian "power vertical" which Putin has built could crumble if Moscow lost in Ukraine. "The armed forces of the Chechen Republic of Ichkeria are being renewed here today," he told the Ukrainian service of Radio Free Europe/Radio Liberty on Oct. 24.
The EU parliament declared Russia a "state sponsor of terrorism" over its invasion of Ukraine. It said the vote would help bring Putin closer to facing an international tribunal. The step is a mostly-symbolic gesture, prompted by evidence of war crimes in the nine-month-old invasion of Ukraine by Russian forces. It said in a statement before the vote that the move would aid efforts for Putin to face a war crimes trial. "By declaring Russia a state sponsor of terrorism, MEPs want to prepare the ground for Putin and his government to be held accountable for these crimes before an international tribunal."
A top WHO official said half of Ukraine's energy infrastructure has been crippled. Russian forces have relentlessly attacked Ukraine's power grid over the last few weeks. Half of Ukraine's energy infrastructure is either damaged or destroyed," he continued. Kluge said the WHO has verified over 700 attacks on health infrastructure since Russia invaded Ukraine in late February. Continued attacks on health and energy infrastructure, he said, means healthcare facilities like hospitals can no longer be operational because they lack electricity, fuel, and water.
The wife of one Russian soldier told The Washington Post that she had to give her TV away. The woman said the news about the war made her "aggressive", and all she wants is "peace." "We don't know anything else," Yana told The Post. The phone calls about the reported fighting conditions irritated Yana so much that she gave away the television because it was making her "aggressive," she told The Post. It also marked one of the most significant setbacks for Russia so far in its war in Ukraine.
Former astronaut Scott Kelly said Russians defending the war in Ukraine have been "brainwashed." The former astronaut became an online "troll" of Russia's former space chief earlier this year. Kelly has used his 5.3 million followers on Twitter to blast Russia's attack on Ukraine, and played a part in the departure of Russia's top space official. Trolling to oblivionKelly spent 340 days on the International Space Station with NASA as part of a program run in collaboration with Russia's space agency Roscosmos. But he also directed his anger at Russians more generally who endorse a message that Russia is defending itself from Ukrainian "Nazis".
Total: 25