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HomeUkraine

Ukraine

Europe sets 2027 deadline to end reliance on Russian oil and gas
Geopolitical

Europe sets 2027 deadline to end reliance on Russian oil and gas

March 11, 2022 Mariel Alumit

London (CNN Business) Europe has given itself just five years to break its addiction to Russian oil and gas. European Commission President Ursula von der Leyen said Friday that EU leaders had agreed to spend the […]

EU
International News

EU leaders to tell Ukraine: “you belong to our family”

March 10, 2022 Mariel Alumit

VERSAILLES, France, March 10 (Reuters) – European Union leaders will wrestle on Thursday with how to reduce their reliance on Russian energy and bolster political and moral support for Ukraine in the face of Moscow’s […]

Germany shuts down atomic plant as nuclear phase-out enters final stretch -ENB
Climate Crisis

German Power Operators Reject Calls to Keep Nuclear Plants Running Despite Ukraine War

March 8, 2022 Mariel Alumit

Germany’s leading power utilities have declined to extend the life of their last operating nuclear power plants beyond a government-imposed deadline to shut them down by the end of the year amid calls to keep […]

Exports

How we helped pay for Putin’s invasion of Ukraine

March 7, 2022 Andy Del Prado

It’s heartbreaking to see images from Ukraine of children huddled together in bomb shelters, cancer patients fearing for their lives in the basement of a hospital or a young couple taking up arms to defend their country on their wedding day. […]

Russia - Ukraine - ENB
Geopolitical

Putin likens Western sanctions to war as Russian assault traps Ukrainian civilians

March 7, 2022 Andy Del Prado

LVIV/KYIV, Ukraine, March 5 (Reuters) – Russian President Vladimir Putin said Western sanctions were akin to war as his forces pressed their assault on Ukraine on Saturday for a 10th day and the IMF warned […]

Australia is one of the world’s top exporters of coal.
Coal

Coal Runs Hot as Russia-Ukraine War Risks Europe’s Climate Agenda

March 5, 2022 Mariel Alumit

The war in Ukraine scrambled global energy markets, with one especially unloved commodity—coal—enjoying a renaissance as European countries look again at the dirty fuel to establish energy independence from Russia. A surge in a benchmark thermal coal […]

Iranian Flag Infront of the IAEA in Vienna Austria Reuters
Geopolitical

Russia’s demand for U.S. guarantees may harm nuclear talks, Iran official says

March 5, 2022 Mariel Alumit

 (Reuters) – Russia’s demand for written U.S. guarantees that sanctions on Moscow would not harm Russian cooperation with Iran is “not constructive” for talks between Tehran and global powers to revive a 2015 nuclear deal, […]

Divesting From Russia Proves Complicated for Pension Funds
Finance

Divesting From Russia Proves Complicated for Pension Funds

March 2, 2022 Mariel Alumit

Retirement systems plan to dump Russian holdings but face a lack of buyers and financial-services providers Pension funds around the world are reviewing their investments in Russia’s energy, banking and mining sectors in the wake […]

Stocks fall, ruble dives as Russia sanctions hit world markets
Finance

Oil prices surge above $100 a barrel as war on Ukraine rages

March 2, 2022 Mariel Alumit

NEW YORK — Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after […]

BP quits Russia in up to $25 billion hit after Ukraine invasion
Finance

BP quits Russia in up to $25 billion hit after Ukraine invasion

February 28, 2022 Mariel Alumit

LONDON, Feb 27 (Reuters) – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move […]

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