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Section: The United Kingdom

EU adopts tighter investment sanctions on Crimea
Dec18

EU adopts tighter investment sanctions on Crimea

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Western sanctions may last for decades: Russian minister tells newspaper
Dec18

Western sanctions may last for decades: Russian minister tells newspaper

MOSCOW (Reuters) – Western sanctions over Russia’s role in the Ukraine crisis are likely to last “for a very long time”, possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper. …read more Source:...

EU summit heats up pressure on Russia
Dec18

EU summit heats up pressure on Russia

David Cameron and fellow EU leaders are set to tighten sanctions on Russia over Ukraine today as the West ups the pressure over plunging oil prices. But Vladimir Putin may seek to overshadow the Brussels summit with announcements of his own as he uses his annual news conference to react to the collapse in the rouble. …read more Source:...

Rouble trouble: oil’s plunge has given Putin a serious headache
Dec18

Rouble trouble: oil’s plunge has given Putin a serious headache

The fall in oil’s price is being felt keenly in Moscow, where the Putin government is struggling to cope with the knock-on effects. Pedestrians walk under a board listing foreign currency rates against the Russian ruble outside an exchange office in central Moscow, on December 17, 2014. Photo: Getty Images In June a barrel of Brent crude...

The Russians fighting a ‘holy war’ in Ukraine
Dec18

The Russians fighting a ‘holy war’ in Ukraine

The ordinary Russians fighting a ‘holy war’ in Ukraine …read more Source:...

Europe must stick to ‘bitter’ sanctions on Russia: German finance minister
Dec17

Europe must stick to ‘bitter’ sanctions on Russia: German finance minister

BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble said on Wednesday that Europe had no choice but to keep up pressure on Russia over the Ukraine crisis via sanctions, though the door remained open to dialogue. …read more Source:...

Ukraine ceasefire leaves frontline counting cost of war in uneasy calm
Dec17

Ukraine ceasefire leaves frontline counting cost of war in uneasy calm

Lull in fighting prompts some locals to fear Moscow is retooling its strategy, while others suspect it has abandoned themIt was mid-morning when the bombs began to fall on Artyomove, a crumbling mining town on the frontline in eastern Ukraine. One mortar landed in Nina Dmitrievna’s garden. It flattened her fence. Another hit next door,...

EU resists Ukraine’s plea to find funding
Dec17

EU resists Ukraine’s plea to find funding

Assistance sought from EU and others to avoid a possible default after IMF identifies shortfall …read more Source: Financial...

Gas in Ukraine: On another front
Dec17

Gas in Ukraine: On another front

GAS is flowing again from Russia to Ukraine, but blackouts have hit factories and homes. Ukraine’s prime minister, Arseniy Yatsenyuk, says Ukraine’s independence is compromised by its energy dependence on Russia. Mykhailo Gonchar of the Centre for Global Studies in Kiev claims that in its battle in Ukraine, Russia has opened an energy...

Moscow reacts to Russia’s rouble crash
Dec17

Moscow reacts to Russia’s rouble crash

RFE/RL asks Muscovites for their opinions on why their currency is shedding value, and whether they believe authorities can stem the decline The Russian rouble’s precipitous decline this week means it now has the dubious distinction of being the world’s worst performing currency.And the central bank’s dramatic hike in its...