The oligarch, once close to President Volodymyr Zelenskiy, is suspected of embezzling oil products worth $1bn and evading customs payments.
The Austrian lender, which has become more and more reliant on its Russian business over the years, is still rethinking its presence in the country.
Most growth in global power generation by 2050 will be solar and wind, according to oil supermajor BP’s annual benchmark report, the 2023 Energy Outlook.
wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.
Ukraine now has its sights set on obtaining Western-made fighter jets but so far has not found any solid support.
Ukraine’s economy has been devastated by the war with Russia and at the start of 2023 the situation has only been getting worse.
Ukrainian diplomat summoned. Moscow warns “such destructive actions could have unpredictable consequences for peace and stability in the Middle East”.
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.
After statements made by European Commission President Ursula Von der Leyen in early January, the EU’s new sanctions package against Belarus is starting to take form. The new package will make the existing sanctions hit even harder.
Orban also told foreign journalists that he did "definitely not" want to stay in the EU, but was forced to do so because of Hungary’s trade links with the bloc.
Some reports say Israel behind mission. Kyiv has previously warned Tehran there could be payback for its provision of kamikaze drones to Russia.
Poland leading the effort to get the tanks delivered to Ukraine may give the ruling PiS extra clout in an election year.
The countries on Nato’s eastern flank believe they are now leading the debate on how to confront the Kremlin, as demonstrated by the row over supplying modern battle tanks to Ukraine.
Serbia's refusal to sanction Russia caused a shift of opinion in Ukraine, which currently does not recognise Kosovo's independence.
Since Berlin announced it would send tanks to Ukraine this week, pledges from a dozen countries have come pouring in to send tanks from their own arsenals. Altogether the Western allies have promised to send at least 156 game-changing tanks.
The great tank taboo has finally been broken with the United States announcing it will send 31 Abrams main battle tanks to Ukraine just hours after Germany agreed to sending 14 Leopard 2 tanks, Washington and Berlin announced on January 25.
What just happened? Did the war in Ukraine just take a decisive turn? Did the West just change its tactics from helping Kyiv defend itself from the Russian aggressor to committing itself to offensive weapons and ensuring Russia’s defeat?
After coming under extreme pressure from its European allies, Berlin announced it would send a company of Leopard tanks to Ukraine, in what is a significant escalation of Western help.
Ukraine is heading toward default according to the Fitch Ratings agency, Ukraine Business News reported on January 23.
Corruption allegations continue to plague Ukraine even in times of war. However, Kyiv is making an overt effort to clamp down on misconduct following pressure from Western allies.