THE standoff between Russia and Ukraine over control of the Black Sea Fleet has eased since Russian President Boris Yeltsin and Ukrainian President Leonid Kravchuk agreed to suspend decrees of sovereignty over the fleet, according to the official Tass news agency.Chrystyna Lapychak, Monitor...
The Kremlin, asked on Tuesday about potential U.S. strikes on Iranian interests, said tensions in the Middle East were high and that steps were needed to de-escalate rather than destabilise the wider region. U.S. Defense Secretary Lloyd Austin on Monday vowed the U.S. would take "all nec...
after weeks of Ukrainian advances and significant Russian defeats. Wall Street shares opened higher as traders interpreted them as easing geopolitical tensions, though they dipped later in the day.
With tensions escalating, traders and experts are expecting a hike in prices. "Indian frying pans may miss this precious oil, and with no healthier alternatives, prices are already up and shipping companies are charging higher insurance premiums for freight consignments from the Black Sea," said ...
COAL, grains and steel may be the largest commodity groups to be affected by intensifying Russia-Ukraine tensions. According to Ocean Analytics, in 2021 about 231m tonnes of dry bulk commodities were shipped from ports around the Black Sea, of which 85% emanated from Ukraine and Russia. While...
MOSCOW, Dec. 4 (Xinhua) -- The Russian Justice Ministry on Tuesday expressed its concern over the European Court for Human Rights' (ECHR) acceptance of Ukraine's complaint regarding Russia's recent actions in the Kerch Strait. The complaint is "based mainly on media publications and not on ...
Among the former USSR nations, Ukraine was the 2nd most powerful nation after Russia. The relations between the two nations were cordial from the dissolution of the USSR up until recently. Tensions between the two nations began in late 2013 over Ukraine’s landmark political & trade deal with...
The large majority of residents in the city of Sevastopol, although Ukrainian citizens, still consider themselves to be ethnic Russians, a community which obviously supports the extension of the lease. Failing to renew the lease could exacerbate ethnic tensions in the region and possibly trigger ...
However, Russia's Federal Security Service said that the Ukrainian ships breached the Russian border, and conducted dangerous maneuvers in spite of Russia's orders. Moscow and Kiev are accusing each other over the incident, which further escalated the tensions that have soared since Russia annexed ...
Macron visited Kyiv on February 8 as part of efforts to de-escalate tensions around Ukraine. EU Commission President in Ukraine: European Commission President Ursula von der Leyen returned to Kyiv on Saturday to meet with Zelensky and discuss Ukraine’s EU membership progress. “As you know ...