Tag: Russian

UK Bans Russian Private Jets From Its Airspace

British transport minister Grant Shapps said in a tweet on Friday that no Russian private jet can fly in UK airspace or touch down, effective immediately. “Putin’s actions are unlawful and anyone benefitting from Russia’s aggression in Ukraine is not welcome here. I’ve strengthened our ban in the UK so that no Russian private jet…


Canada Imposes Sanctions on Putin, Calls for Removal of Russia From SWIFT

OTTAWA—Prime Minister Justin Trudeau says Canada will sanction Russian President Vladimir Putin as part of a third set of severe, co-ordinated sanctions against the country over its invasion of Ukraine. Canada will also bring in sanctions on Russia’s foreign minister, Sergey Lavrov, and Putin’s chief of staff. Trudeau says these men bear the greatest responsibility…


Moscow Bans UK Flights in Response to Britain Prohibiting All Russian Aircraft Amid Ukraine Invasion

Russia has banned British flights from landing at its airports and from crossing its airspace after the United Kingdom closed its airspace to Russian airlines, including Aeroflot. Prime minister Boris Johnson confirmed that the UK has banned all aircraft on a scheduled service which is, “owned, chartered or operated by a person connected with Russia, or…


Ukrainian Military ‘Blew Up Bridge’ Near Kyiv to Stop Russian Troop Advancement: Reports

The Ukrainian military allegedly blew up multiple bridges outside of the capital city of Kyiv to stop Russian troops from advancing from Ivankiv, according to multiple reports. Ukraine’s Ministry of Interior Affairs said that Ukrainian armed forces blew up a bridge in Irpin, around 15 miles west of Kyiv, to prevent Russian forces from approaching the capital,…


Uniper Shares Hit 14-Month Low After Russian Forces Launch Invasion of Ukraine

FRANKFURT—Shares in German utility Uniper, which has substantial business in Russia and is one of the financial backers of the Nord Stream 2 gas pipeline, plunged on Thursday after Russian forces fired missiles at several cities in Ukraine. Shares in Uniper, which owns a majority stake in Russian utility Unipro, fell as much as 16.7…


‘The Free World Must Rally’: Ukrainian Canadians Denounce Russian Attacks

MONTREAL—Yellow and blue flags flew in cities across Canada on Thursday as Ukrainian Canadians organized demonstrations to denounce Russia’s attack on Ukraine and urged Ottawa to act swiftly to defend their homeland. In Montreal, several dozen protesters gathered in front of McGill University, waving signs with messages ranging from “I want to see my grandmother…


Top Russian Lender Sberbank Ready for Anything as Sanctions Loom

MOSCOW—Russia’s largest lender Sberbank said on Thursday that it was prepared for any developments as the threat of sanctions grew after Russian forces attacked Ukraine, sending shares in Russian banks crashing. Russian forces invaded Ukraine by land, air, and sea on Thursday, confirming the worst fears of the West with the biggest attack by one…


Rouble, Russian Stocks Pare Heavy Losses After Putin Sends Troops to Ukraine

MOSCOW—The rouble rebounded from a near two-year low and shares in major Russian banks leapt on Tuesday after Britain announced the first but relatively modest sanctions after Moscow recognized two breakaway regions in eastern Ukraine as independent. The rouble on Monday suffered its biggest one-day drop since the outbreak of the COVID-19 pandemic after President…


Stocks of Russian Aluminum Giant Rusal Fall Amid Fears of Over Sanctions

Stocks of Russian aluminum giant Rusal fell on Monday as investors continue to monitor the ongoing tension along the border with Ukraine which could trigger sanctions against Russian entities. Rusal is one of the world’s largest manufacturers of low-carbon aluminum and accounted for roughly six percent of global aluminum supplies in 2019, estimated to be around 70 million…


Russian Invasion Threat to Ukraine Imminent, Says Joly, Amid Diplomacy, Cyberattacks

OTTAWA—Canada’s foreign affairs minister says the threat of a Russian invasion of Ukraine remains high as cyberattacks undermined earlier optimism Tuesday that the Kremlin might be drawing down its military forces. “The latest information I have is that the threat is real and imminent,” Foreign Affairs Minister Melanie Joly told The Canadian Press Tuesday. “Everybody’s…