Russia stops Finland gas flow over payments dispute

A photo taken on May 12, 2022 shows pipes at the Gasum plant in Raikkola, Finland.VESA MOILANEN/AFP/Getty Images Russia’s Gazprom on Saturday halted gas exports to neighboring Finland, the Finnish gas system operator said, the latest escalation of an energy payments dispute with Western nations. Gazprom Export has demanded that European countries pay for Russian … Read more

Canada, other nations stage walkout at APEC meeting over Russia’s war on Ukraine – National

Delegates from the United States and four other nations staged a walkout Saturday when a representative from Russia began his opening remarks at a meeting of trade ministers of the Asia-Pacific Economic Cooperation group in the Thai capital, officials said. A Japanese official said Japan’s Trade Minister Koichi Hagiuda and his counterparts from the US, … Read more

Zelensky struggles to gain support in African countries as Russian interests prevail

Malians demonstrate against France and in support of Russia on the 60th anniversary of the independence of the Republic of Mali in 1960, in Bamako, Mali, Sept. 22, 2020.The Associated Press Ukrainian President Volodymyr Zelensky called the chairman of the African Union early last month and asked if he could speak to African leaders to … Read more

Russian soldier tells war crimes trial in Ukraine he didn’t want to kill, says he sincerely repents

Russian soldier Vadim Shishimarin stands inside a defendants’ cage during a court hearing in Kyiv, Ukraine, on May 18.STRINGER/Reuters A 21-year-old Russian soldier told a court on Friday he had not wanted to kill an unarmed civilian and that he sincerely repented, as he delivered his final words at the first war trial arising from … Read more

Opinion: Waves of sanctions were supposed to crush the Russian economy, but it is still showing signs of resilience

Valves near a drilling rig at a gas processing facility on the Arctic Yamal peninsula, Russia, on May 21, 2019.MAXIM SHEMETOV/Reuters Near the start of the war, as the sanctions piled up, the Russian economy was thought to be doomed, possibly forcing President Vladimir Putin to sue for early peace. Almost three months later, there … Read more

Oil Prices Under Pressure As China Considers Russian Crude

China added some downward pressure to oil prices this week when it clearly signaled its intent to buy more discounted Russian oil. Between China and India, Russia is racing to pivot towards Asia as the EU attempts to ditch its oil. Oilprice Alert: This week’s Global Energy Alert highlights two ways to play a turbulent … Read more

Canada to ban imports of Russian alcohol, names 14 oligarchs in new sanctions – National

Canadians will see less varieties of Russian alcohol in the country after Ottawa announced Friday it will stop importing those products due to Moscow’s war in Ukraine. The federal government also said it is slapping sanctions on 14 more individuals including Russian oligarchs, their family members and close associates of President Vladimir Putin. Ottawa has … Read more

Russia is about to cut off Finland’s natural gas

London CNN Business — Russia is about to cut off natural gas supplies to a third European country that refuses to accept the Kremlin’s demand for payment in rubles. Russian gas will stop flowing to Finland at 7 am local time on Saturday, Finnish state gas company Gasum said in a statement Friday. Poland and … Read more

Can Russia Actually Find Other Buyers If EU Moves Forward With Oil Embargo?

Russia is prepared to send any supplies rejected by European countries to other regions such as Asia, if the European Union (EU) brings in an oil embargo, warning the country’s Deputy Prime Minister Alexander Novak. He argued that Europe, which relies on Russia for around a quarter of its crude imports, would have to find … Read more

War in Ukraine leads Japan to rethink pacifism, renew ties with allies and keep wary eyes on China and Russia

A member of the Japan Ground Self-Defence Force takes part in an April 21 military drill on Miyako Island, Okinawa prefecture, next to an anti-ship missile launcher.Issei Kato/Reuters The war in Ukraine has rewritten foreign policy doctrines across not only Europe but also Asia. Nowhere is this more visible than in Japan, where the pacifist … Read more