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☆ Chevron Explores Algerian Gas Plans Amid Russian Sanctions
▼ + stars: | 2023-02-06 | by ( Benoit Faucon | ) www.wsj.com time to read: 1 min

Chevron is hoping to leverage technologies developed in U.S. shale in Algeria, say people familiar with the matter. Oil giant Chevron Corp. is looking to seal an energy exploration deal with Algeria, as the North African country steps up efforts to replace sanctioned Russian supplies in nearby Europe, according to people familiar with the matter. Over the past decade, U.S. companies have pulled back from operations in oil-and-gas-rich Middle Eastern and African countries they viewed as politically risky to focus on booming shale production at home.

☆ Turkey's lira slips to fresh record low, stocks tumble
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 6 (Reuters) - Turkey's lira hit a fresh record low and its stock markets tumbled on Monday as a major earthquake added to pressures from a strong dollar, geopolitical risks and surprise inflation readings out of the country. The lira slipped to 18.85 , in early trade before retracing most of its losses. More than 500 people were killed and thousands injured on Monday, after a major earthquake of magnitude 7.8 struck central Turkey and northwest Syria. But Turkey is feeling additional pressures. "A new window of FX volatility could be around the corner."

☆ Top U.S., Chinese and Russian officials tour Africa as global charm offensive gathers pace
▼ + stars: | 2023-01-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +12 min

Janet Yellen, US Treasury secretary, during a news conference with Enoch Godongwana, South Africa's finance minister, at the National Treasury in Pretoria, South Africa, on Thursday, Jan. 26, 2023. Yellen met with South African officials including President Cyril Ramaphosa last week, just days after the country's Foreign Minister Naledi Pandor stood alongside Lavrov and vowed to strengthen bilateral relations between Pretoria and Moscow. South Africa was one of 17 African nations to abstain from the U.N. vote in March to condemn Russia's war of aggression. As such, many African nations desire a strong relationship with both the U.S. and China, and U.S. diplomacy will be more effective when not framed as an "us-or-them" proposition. What's more, the BRI projects were "largely uncoordinated and unplanned," he said, with competing Chinese lenders offering credit to African nations, challenging the notion of a coherent centralized "debt trap" policy from Beijing.

☆ Volunteers who used digital ads to counter Russian propaganda about Ukraine plan to fight misinformation in countries like Syria and Iran
▼ + stars: | 2023-01-30 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

A group of volunteer 'spammers' who used ads to counter Russian propaganda about Ukraine plans to expand the campaign. Rob Blackie, organizer of the Breaking Putin's Censorship campaign. Earlier this month, the Kremlin said that anyone found simply posting a link to the banned independent Russian news site Meduza could face a six-year prison sentence. An example of one of the Breaking Putin's Censorship ads, which reads, "Why have 141 countries condemned Russians invasion of Ukraine? Breaking Putin's CensorshipThe group, which has now grown to around 60 volunteers, is already structured similarly to an ad agency.

☆ A decade of quiet preparations helped Ukraine turn the tables on Russia's bigger, better-armed military, experts say
▼ + stars: | 2023-01-29 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +10 min

Following Russia's 2014 attack, Ukraine's military set out to improve and modernize its forces. In the years that followed, Ukraine's military underwent a period of preparation that helped it blunt the full-scale invasion that Russia launched in February 2022. Training for artillery troops was also intensified. However, Russia's tanks still outnumbered Ukraine's nearly four to one when the invasion started. Prior to 2022, Ukraine's military had struggled to retain troops, but high turnover during those years meant Ukraine had a large pool of civilians with military training.

☆ 'We will get F-16s': Ukraine aims for NATO's fighter jets after winning battle for Western tanks
▼ + stars: | 2023-01-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +4 min

Kenzo Tribouillard | Afp | Getty ImagesThe dust has barely settled on the decision by the U.S. and Germany to supply battle tanks to Ukraine, but talk has already turned to the possible use of other firepower, namely, fighter jets. Kyiv appears confident that, as with Western tanks, it will eventually be given F-16s too. The U.S. has been tight-lipped about giving Ukraine F-16s, or allowing other countries to re-export their own U.S.-made fighter jets to Ukraine (National Security Council spokesman John Kirby said he had no announcement to make on the issue Wednesday). How helpful fighter jets would be to Ukraine is a matter for debate, and depends on the aircraft, its weaponry and flying conditions, experts note. Germany arrived at its decision to send tanks after months of pressure and deliberation, making any question over fighter jets a very distant prospect, according to Carsten Nickel, deputy director of research at analysis firm Teneo.

☆ Indian police are looking into the death of a Russian sausage magnate critical of Putin's war in Ukraine, who died after an alcohol-fueled trip in the jungle
▼ + stars: | 2023-01-25 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +4 min

Russian sausage magnate Pavel Antov died in India in late December and was a longtime Putin ally. According to The Wall Street Journal, Indian police have discovered new details about the pair of deaths in late December. Russian lawmaker Pavel Antov died in Rayagada, India, two days after his friend, Vladimir Bydanov. Bydanov, who shared a room with Antov, died of a heart attack on Antov's birthday. Antov is at least the 19th Russian executive who has mysteriously perished throughout the course of the war, according to The Journal.

☆ China boosts coal output, eases Australia ban to bolster energy security
▼ + stars: | 2023-01-09 | by ( Muyu Xu | ) www.reuters.com time to read: +4 min

SINGAPORE, Jan 9 (Reuters) - The increasing need to secure energy supplies after easing COVID-19 restrictions has pushed China to gradually resume Australian coal imports and urge domestic miners to boost their already record output. "Many miners would welcome the opportunity to renew their commercial relationships in China for both metallurgical coal and thermal coal." read moreAmong them, China Energy Investment Corp has placed an order to import Australian coal which could load later this month. read moreMarket participants expect more firms to be granted permission to buy Australian coal in the coming months. HIGHER QUALITYChina purchased more than 30 million tonnes of coking coal and nearly 50 million tonnes of thermal coal from Australia before buying stopped.

☆ Sabalenka survives scare to reach Adelaide quarters
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +2 min

Having received a bye into the second round, second seed Sabalenka started sluggishly to find herself in trouble trailing by five games to one but the 24-year-old roared back to save six set points and claim the opening set in the tie-break. After the pair traded breaks other early in the next set, Sabalenka showed her mental toughness again in the tie-break to seal her first win of the season in two hours and 15 minutes. "She's an incredible player with a huge serve, so it was a tough match and I'm super happy with this win." Sabalenka will next face former French Open runner-up Marketa Vondrousova, who handed Kaia Kanepi a bagel en route to a 6-0 6-4 victory. Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

That was on top of 31 missile attacks and 12 air strikes across the country in the past 24 hours. Ambassador to Ukraine Bridget Brink said on Twitter: "Russia coldly and cowardly attacked Ukraine in the early hours of the new year. But Putin still does not seem to understand that Ukrainians are made of iron." Russian media also reported multiple Ukrainian attacks on the Moscow-controlled parts of the Donetsk and Luhansk regions, with local officials saying at least nine people were wounded. There was no immediate response from Kyiv, which rarely comments on attacks inside Russia or on Russian-controlled territories in Ukraine.

☆ Russia and China hold naval drills, practise submarine capture
▼ + stars: | 2022-12-28 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Dec 28 (Reuters) - Russia and China have completed naval drills in the East China Sea, after a week of joint exercises which included practising how to capture an enemy submarine with depth charges and firing artillery at a warship, Russia's defence ministry said. "Detachments of warships of the Pacific Fleet and the Naval Forces of the People's Liberation Army of China have completed practical tasks within the framework of the bilateral naval exercise," Russia's defence ministry said. The ministry published video showing a group of Russian and Chinese warships in the East China Sea, with Russian sailors speaking in Mandarin to their Chinese counterparts and Russian ships firing missiles. Chinese leader Xi Jinping is due to speak to President Vladimir Putin before the end of the year, TASS news agency said. Reporting by Guy Faulconbridge, +79856400243 Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

CNN —Russian sausage magnate-turned-lawmaker Pavel Antov died in India on Saturday after falling from the third floor of his hotel, according to the Indian police. Police believe Antov died by suicide after falling from the third floor of his hotel in the Rayagada district, although the postmortem report has not been released yet, Sharma said. He was a member of the Russian parliament’s United Russia party, which was formerly headed by Vladimir Putin and is still staunchly supportive of the Russian President. Russian Consul General in Calcutta Alexey Idamkin told Russian state media RIA Novosti on Monday that the Odisha State Police and the Consulate General in Calcutta didn’t see anything suspicious in the death of two Russians in India. In mid-September, Russian businessman Ivan Pechorin, who was the top manager for the Corporation for the Development of the Far East and the Arctic, was found dead in Vladivostok, according to Russian state media.

☆ Russian military releases propaganda pop song fantasizing about its nukes wiping out NATO and the US
▼ + stars: | 2022-12-19 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

A branch of Russia's defense ministry released a pop song celebrating its vast nuclear arsenal. The song celebrates the power of the "Sarmat" missile, also known as the "Son of Satan." The music video for the song was published by ParkPatriot.media, an arm of the Russian defense ministry focused on propaganda. It shows images of the Sarmat missile being test-fired and, at one point, showed Maidanov watching Putin speak on TV. The Russian Sarmat is ready/ To strike our enemy," Maidanov sings in the video, translated by Insider.

☆ The US is gearing up to send the Patriot air-defense missiles to Ukraine to counter Russia's barrages
▼ + stars: | 2022-12-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

The US is set to send Ukraine the Patriot missile system, per The New York Times and CNN. The US is preparing to send a single Patriot missile system, the Times reported. The Patriot system would be the most advanced on the battlefield. It is not clear where in Ukraine the missile system would be used, or when. It usually takes months of training to use the system, CNN reported.

☆ Turkey is stopping oil not under Russian sanctions, raising global energy market supply concerns
▼ + stars: | 2022-12-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Cargo ships and vessels transit the Bosphorus Strait, a body of water connecting the Black Sea to the Marmara and Mediterranean Seas through Istanbul, Turkey. Above, the Russia-flagged vessel Volga River Taganrog oil tanker passes south through the Bosphorus Straits in October 2022. "It appears that all but one of the roughly twenty loaded crude tankers waiting to cross the straits are carrying Kazakh-origin oil," a price cap official told CNBC. If delays mount, refiners will seek alternative supplies from other countries or they will reduce operating capacity because they don't have enough oil, which impacts the supply of gasoline and diesel, said Andrew Lipow, president of Lipow Oil Associates. "If this continues for another week we will begin to see an impact on the oil market," Lipow said.

☆ A communications satellite the size of an apartment is so bright it can outshine stars, and astronomers are worried it could interfere with their research
▼ + stars: | 2022-12-07 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +4 min

AST SpaceMobile deployed a 693-square-foot communications satellite into orbit called BlueWalker 3. Astronomers say it's as bright as some of the brightest stars, and warn it could impact their work. AST SpaceMobile bills it as the "largest-ever commercial communications array deployed in low Earth orbit." Astronomers are also concerned about how satellite constellations contribute to the loss to "humanity's ability to experience the natural night sky," according to the IAU statement. When we look up at night sky, many of the bright lights might not be stars — but satellites.

Brent crude futures gained 38 cents to $83.06 a barrel by 0458 GMT. Crude futures on Monday recorded their biggest daily drop in two weeks, after U.S. service sector data raised worries that the Federal Reserve could continue its aggressive policy tightening path. In China, more cities are easing COVID-19-related curbs, prompting optimism for increased demand in the world's top oil importer. The country is set to announce a further relaxation of some of the world's toughest COVID curbs as early as Wednesday, sources said. But the oil price gains could prove fragile, as it would take time to confirm a sustained recovery in Chinese consumption, as well as the supply impact of Russian sanctions.

☆ Europe faces massive energy gap in 2023 amid Russian sanctions
▼ + stars: | 2022-12-06 | by ( Brian Sullivan | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope faces massive energy gap in 2023 amid Russian sanctionsCNBC's Brian Sullivan joins 'Worldwide Exchange' from Rotterdam to break down how Europe plans to fill a massive energy gap resulting from the region's sanctions against Russia.

☆ The UK Navy's new drone submarine is the length of an iconic London bus and will help to 'dominate the underwater battlespace'
▼ + stars: | 2022-12-03 | by ( Bethany Dawson | Alia Shoaib | ) www.businessinsider.com time to read: +3 min

The UK military has signed a £15.4 million ($18.7 million) contract to buy a crewless submarine. The First Sea Lord Admiral says it allows the Royal Navy to further their mission to "dominate the underwater battlespace." First Sea Lord Admiral Sir Ben Key has said: "This Extra Large Autonomous Underwater Vehicle is a capability step-change in our mission to dominate the underwater battlespace." Celebrating the news of the new Navy vessel, Defense Secretary Ben Wallace said: "To meet the growing threats to our underwater infrastructure, the Royal Navy needs to be ahead of the competition with cutting-edge capabilities. We have the right equipment to protect the security of the UK and our Allies."

☆ Airbus 2022 target under review after estimated 563 deliveries in Jan-Nov - sources
▼ + stars: | 2022-12-02 | by ( Tim Hepher | ) www.reuters.com time to read: +3 min

PARIS, Dec 2 (Reuters) - Airbus (AIR.PA) delivered an estimated 66 jets in November, leaving itself a near-record challenge of 137 in December to meet its 2022 goal, though it has not excluded the possibility of trimming the target, industry sources said. A late surge pushed November higher than initially expected but failed to lift doubts over the 2022 target of “around 700” with weeks to go before the end of the year, the sources said. One industry source said the company had all but given up hope of reaching its key revenue-driving target. Missing parts forced Airbus to cut the target for deliveries to 700 from 720 in July. Reuters reported on Monday that preliminary external November data and industry sources pointed to increasing challenges in reaching the revised target.

☆ Oil market reaches critical phase with OPEC+ meeting and Russian sanctions in focus
▼ + stars: | 2022-12-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil market reaches critical phase with OPEC+ meeting and Russian sanctions in focusCNBC's Brian Sullivan joins 'Squawk Box' to break down the major forthcoming developments in the oil market as the European Union debates a price cap on Russian oil and more.

[1/2] Chinese Yuan and U.S. dollar banknotes are seen behind illuminated stock graph in this illustration taken February 10, 2020. His contract manufacturing business with Russia has been small in the past, but now he's preparing to invest in warehousing there. He sees a win-win situation in Chinese exporters reducing their currency risks and payment becoming more convenient for Russian buyers. The U.S. Treasury declined to comment on the yuan's growing presence in Russia. ($1 = 7.2074 Chinese yuan renminbi)Editing by Vidya Ranganathan and Pravin CharOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine's security service raids Kyiv monastery, suspects Russian sabotage
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

[1/4] Ukrainian law enforcement officers check documents of a visitor of the Kyiv Pechersk Lavra monastery, amid Russia's attack on Ukraine, in Kyiv, Ukraine November 22, 2022. REUTERS/Valentyn OgirenkoKYIV, Nov 22 (Reuters) - Ukraine's SBU security service and police raided a 1,000-year-old Orthodox Christian monastery in Kyiv early on Tuesday as part of operations to counter suspected "subversive activities by Russian special services", the SBU said. The sprawling Kyiv Pechersk Lavra complex that was raided is a Ukrainian cultural treasure and the headquarters of the Russian-backed wing of the Ukrainian Orthodox Church known as the Moscow Patriarchate. "These measures are being taken ... as part of the systemic work of the SBU to counter the destructive activities of Russian special services in Ukraine," the Security Service of Ukraine (SBU) said in a statement. A 2020 survey by the Kyiv-based Razumkov Centre found that 34% of Ukrainians identified as members of the main Orthodox Church of Ukraine, while 14% were members of Ukraine's Moscow Patriarchate Church.

☆ Ukraine urges limiting electricity use and readies voluntary Kherson evacuation
▼ + stars: | 2022-11-21 | by ( Pavel Polityuk | ) www.reuters.com time to read: +5 min

[1/5] A woman walks past a statue in the central sqaure after Russia's military retreat from Kherson, Ukraine November 21, 2022. President Volodymyr Zelenskiy has said that half of the country's power capacity had been knocked out by Russian rockets. Ukraine narrowly escaped disaster during fighting at the weekend that rocked the plant, Europe's largest, with a barrage of shells. The head of Russia's state-run nuclear energy agency, Rosatom, said it had discussed Sunday's shelling with the IAEA, and said there was a risk of a nuclear accident. Ukraine's nuclear energy firm Energoatom said Russia's military shelled the site, accusing it of nuclear blackmail and actions that were "endangering the whole world".

☆ 'Close call' in shelling near nuclear reactor on Ukraine's frontline
▼ + stars: | 2022-11-21 | by ( Pavel Polityuk | ) www.reuters.com time to read: +7 min

While there was no direct impact on nuclear safety and security systems, "the shelling came dangerously close", Grossi said. A view shows Zaporizhzhia Nuclear Power Plant from the town of Nikopol, amid Russia's attack on Ukraine, in Dnipropetrovsk region, Ukraine November 7, 2022. The Zaporizhzhia plant itself and territory south of it fell to Russia in March. The Zaporizhzhia plant provided about a fifth of Ukraine's electricity before Russia's invasion, and has been forced to operate on back-up generators a number of times. Although there were fewer attacks today due to worsening weather, the amount of Russian shelling unfortunately remains extremely high," Zelenskiy said.

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