Russia

bneGREEN: Uberwealthy are the worst climate criminals

Richard Lockhart in Edinburgh November 12, 2022

The investments of the world’s 125 wealthiest people produce the same amount of CO2 as the whole of France, while each of them emits a million times more greenhouse gases than the average person.

Ukrainian flags flood Kherson as emotional residents celebrate liberation from Russian occupiers

Social media correspondent Dominic Culverwell November 11, 2022

Blue and yellow flags, banners and hats decorated the city of Kherson for the first time since March, as emotional residents greeted Ukrainian soldiers entering the newly liberated city.

DON: Why Russia is withdrawing across the Dnipro now

Gav Don in Edinburgh November 11, 2022

The withdrawal goes back to the unanswered question of what was Moscow’s original objective on February 24, and why did it take the Kherson bridgehead in the first place?

bneGREEN: Gas has potential to derail COP27’s green ambitions

Richard Lockhart in Edinburgh November 11, 2022

Emissions from future LNG projects and could use up 10% of the remaining global carbon budget for 1.5˚C warming by 2050.

US revokes Russia’s market economy status

bne IntelliNews November 11, 2022

The US has revoked its recognition of Russia as a market economy, the US Commerce Department said on November 10, which will see import duties on Russian goods across the board rise.

INTERVIEW: How to sue the world's most powerful paramilitary organisation, the Wagner Group

Dominic Culverwell in Oxford November 11, 2022

Outraged at Moscow’s virulent invasion, the British legal firm McCue Jury & Partners decided to launch a claim on behalf of Ukrainian refugees undergoing psychiatric care in the United Kingdom.

Russia abandons Kherson in major military setback

bne IntelliNews November 10, 2022

Russian Defence Minister Sergei Shoigu ordered his troops to withdraw from the occupied Ukrainian city of Kherson on November 10 in a major military setback.

Uzbekistan said to be lobbying for lifting of sanctions on Russian billionaire Usmanov

bne IntelIiNews November 10, 2022

Uzbekistan is lobbying the EU to pull sanctions on the Uzbek-Russian billionaire, with the issue having been put on the agenda of recent meetings between Uzbek and EU officials, the Financial Times has reported citing unnamed sources.

Renowned former petrochemicals CEO Konov sells stake in Sibur

Theo Normanton in London November 9, 2022

Dmitry Konov, former CEO of petrochemicals major Sibur, says he no longer owns a 2.59% stake in the company. He stepped down as head of the company in March 2022 after the EU introduced sanctions against him, which he is appealing.

Russia’s VTB brings down the curtains in London on its “100+year history”

Jason Corcoran in Dublin November 9, 2022

VTB, the Kremlin’s second-largest bank, has brought down the curtains on “the final chapter” in its “100+year history” in the City of London, according to its latest regulatory filing.

Central Asia: Chinese cars race ahead

Joanna Lillis for Eurasianet November 9, 2022

Sanctions on Russia are helping China expand its market share in the region.

Russian military activity in Belarus and Putin's hopes for bringing his ally into the conflict

bne IntelliNews November 9, 2022

Russia could form new strike groups to attempt another offensive from Belarusian territory in 2-3 months, according to one Ukrainian military official.

Ukraine fatigue builds, but Western support for Kyiv unlikely to falter soon

Ben Aris in Peterborough November 8, 2022

“Ukraine fatigue” among Kyiv’s Western allies is building as the war drags on, fuelling both a cost of living crisis and an energy crisis, but Western aid to the embattled country is still far from halting.

Slovak customs authorities reportedly allowed dual-use exports to Russia

Albin Sybera November 8, 2022

Foreign affairs committee chief says “Slovakia is a security hole”.

The Black Sea grain deal is about to expire. What is at stake for Africa?

Marco Cacciati in Berlin November 8, 2022

On October 29, Russia pulled out of the landmark “Black Sea Initiative” grain deal, brokered by the UN and Turkey last July, only to rejoin a few days later. However, the deal is set to expire soon, and its extension is uncertain.

Croatia to seek sanctions for two businessmen involved in sale of Sberbank's Fortenova stake

bne IntelliNews November 8, 2022

Following international sanctions imposed after the invasion of Ukraine, Sberbank has been seeking to sell its stake in Croatia's largest private company.

Eurasian central bank governors battling inflation with mixed success

Ben Aris In Samarkand November 7, 2022

Inflation appears to be under control in Uzbekistan and to have peaked in Georgia and Armenia, but with prices still rising in Kazakhstan the regulator is ready to raise rates “as much as necessary,” the countries' central bank governors said.

IEA warns of major gas supply-demand gap in Europe next year

bne IntelliNews November 7, 2022

It now looks increasingly likely that Europe will make it through this coming winter with sufficient gas supply. But the International Energy Agency has warned of a 30bn cubic metre supply-demand gap next year in its latest analysis.

Analyst warns more than 100 kamikaze drones in development around world

Will Conroy in Prague November 7, 2022

Warning sounded as Iran for first time admits sending UAVs to Russia. Ukraine’s president describes claim that deliveries were “limited” as lies.

How far will China go to support Russia?

bne IntelliNews November 6, 2022

China won’t accept the use of nuclear weapons in Ukraine – but might step in to prevent the collapse of Putin’s regime.

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