Although European prices have dropped to around 50 euros ($53) per megawatt hour (MWh) from last August’s peak of more than 340 euros, they are still above historical averages. This means European governments face another hefty bill to refill storage ahead of peak winter demand. To offset market volatility and avoid shortages, they will have…
eastern edge of nato In Warsaw, Biden met with the leaders of nine Eastern European countries that were either aligned with Moscow or part of the former Soviet Union during the Cold War. Some of them are now among the strongest supporters of military aid to Ukraine. Biden said, “As the eastern flank of NATO,…
China pledged a deeper partnership with Russia on Wednesday, while US President Joe Biden reaffirmed security assurances for NATO’s “frontline” eastern members, as the anniversary of Russia’s invasion of Ukraine ratchets up global tensions . However, a day after President Vladimir Putin said Moscow was suspending its participation in a nuclear arms reduction treaty with…
In a major speech nearly a year after his invasion of Ukraine, Putin said Russia was not abandoning the New START treaty – the accord signed in 2010 that limits the number of Russian and US deployed strategic nuclear weapons. But nuclear experts said there is no provision in the treaty for either side to…
“The price Ukraine has had to pay is extraordinarily high. The sacrifices have been enormous. … We know the days and weeks and years ahead will be difficult.” Outside the cathedral, burnt-out Russian tanks stand as a symbol of the failed assault on Moscow at the beginning of the invasion of the capital, which began…
Rubber and asphalt will be added to the EU list of banned imports from Russia and the bloc will ban Russia Today’s Arabic service from its territory, according to people familiar with the confidential talks. Further restrictions on EU exports to Russia were meant to stifle Moscow’s ability to produce weapons and equipment deployed against…
The United States could sanction more banks linked to Russia and step up enforcement against dodging existing rules, a senior US official told Reuters, as Western powers reinvigorate efforts to isolate Moscow. want to do The comments come as Western diplomats are seeking to agree new sanctions for February 24, the anniversary of Russia’s invasion…
Russia has placed at least 6,000 Ukrainian children – possibly many more – in Russian-held Crimea and sites in Russia whose primary purpose appears to be political re-education, according to a US-backed report published Tuesday. The report said researchers at Yale University have identified at least 43 camps and other facilities where Ukrainian children have…
Investigators in Sweden and Denmark – in whose exclusive economic zones the explosions took place – have said the rupture was the result of sabotage, but have not said who they believe was responsible. President Vladimir Putin has accused “Anglo-Saxon” powers of blowing up the Nord Stream pipelines, a project designed by the Kremlin to…
Pink Floyd co-founder Roger Waters addressed the UN Security Council on Wednesday at the invitation of Russia, calling Moscow’s invasion of its neighbor illegal – although he believed it was provoked – and calling for a ceasefire. called upon. “He’s lucky to be in New York, in a free country, speak his mind, say whatever…
Danilov said, “He has a need to show something to his people, and a great desire to do something big, as he sees it.” Moscow is now making full use of hundreds of thousands of troops in its first mobilization since World War II, after Russia failed to capture Ukraine’s capital Kyiv last year and…
The Kremlin on Friday dismissed as a “hoax” a media report that US CIA director William Burns had traveled to Moscow with a secret peace proposal in which Ukraine would cede a fifth of its territory to Russia. A report by the Swiss newspaper Neue Zürcher Zeitung that Burns made a secret trip to Moscow…
Former British Prime Minister Boris Johnson has said that Russian President Vladimir Putin threatened him with a missile strike during a phone call over an invasion of Ukraine, an allegation denied by Moscow. Johnson, speaking to the BBC for a documentary, said that the Russian leader had asked him about the prospects of Ukraine joining…
The United States said Thursday it would send hundreds of armored vehicles and rockets and artillery shells to Ukraine as part of a $2.5 billion military aid package. The US Defense Department said in a statement that the package includes 59 Bradley Fighting Vehicles, 90 Stryker Armored Personnel Carriers, 53 Mine-Resistant Ambush Protected Vehicles and…
Russian President Vladimir Putin said on Tuesday that Russia needed to maintain stable food stocks by restricting some exports if necessary, but did not provide specific details. It was not clear whether Putin was suggesting that Russia, which has cut gas supplies to some countries it considers “unfriendly” since its invasion of Ukraine, limit exports…