Russian President Putin Announces Military Operation in Ukraine

Russian President Vladimir Putin has announced a military operation in Ukraine, claiming it’s intended to protect civilians. Russian President Vladimir Putin on Thursday announced a military operation in Ukraine, claiming it’s intended to guard civilians. In a televised address, Putin said the action comes in response to threats returning from Ukraine. He added that Russia […]

Business Economy

Russia-Ukraine Conflict: Moody’s Says Global Oil, Natural Gas Prices May See Sharp Rise

Global oil and liquified natural gas (LNG) costs are likely to determine a sharp rise in the event of a Russia-Ukraine conflict, that would have negative implications for net energy importers, Moody’s Investors Service said on Wednesday. Moody’s Investors Service Managing Director Michael Taylor said trade effects are possible to arise from import diversion and […]

Business International

Ukraine Standoff – As Sanctions Start, Russia’s Trade Flow Shifting Towards China

The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates the conflict in Ukraine, denying key Russian financial institutions and firms access to US greenback transactions and global markets for trade, energy exports and financing. However the United States and its allies haven’t before attempted to chop a […]


Russia Begins Evacuating Diplomatic Staff From Ukraine

KYIV, Ukraine — Russia began evacuating diplomatic staff from Ukraine, its embassy in Kyiv told Agence France-Presse (AFP), daily when lawmakers in Moscow granted President Vladimir Putin to use force abroad. Asked if the evacuation had begun, the embassy’s spokesman Denis Golenko told AFP by phone: “Yes.” Moscow’s foreign ministry announced Tuesday it’d evacuate diplomats […]