BRUSSELS: Euroclear plans to seize and redistribute about 3 billion euros ($3.4 billion) of Russia’s funds that are frozen at the Belgian clearing firm after Moscow grabbed investor cash in Russia, according to documents seen by Reuters and people familiar with the matter. The money will be used to compensate Western investors after Moscow seized
Putin has launched a large scale drone attack on Kyiv that has killed at least nine people and injured another 70, including six children, Ukrainian officials say. Russia‘s overnight combined missile and drone attack triggered fires, smashed buildings and buried residents under rubble in the Ukrainian capital. At least 45 drones were detected, the Kyiv
Donald Trump will allow Vladimir Putin to keep almost all the territory he has seized from Ukraine under the terms of a proposed peace deal. Putin would be required to freeze the current front line, allowing him to keep most of his gains – though, the country would be required to give up two small areas
What were the main points of Zelensky’s post-summit press conference? Volodymyr Zelensky had a lot to say at today’s press conference following the Ukraine summit in Paris — striking a careful balance between gratitude, frustration, and strategic messaging. Here are the key takeaways: Macron, Starmer and the West speeding up the path to peace “We
FRANKFURT, Germany — With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns. For now, the assets are still on ice, with opponents of seizure warning that
The price of gas is seen as traffic moves through Annapolis, MD, on November 23, 2021. (Photo by Jim … [+] WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images Harold Hamm, founder and chairman of Continental Resources, recently emphasized the challenges faced by U.S. shale producers at current price
On Wednesday, British shares rebounded following a selloff triggered by Kyiv’s readiness to accept a 30-day ceasefire proposal with Russia, offering hope amid geopolitical tensions. The FTSE 100 index rose by 0.6% at 1127 GMT, recovering from its worst session in nearly two months the previous day. The U.S. decision to resume military support
A Bulgarian spy ring that passed secrets onto the Russian state ran their covert operation from a quaint-looking Norfolk hotel, it was revealed in court. Shocking photos show rooms at the Haydee guesthouse in Great Yarmouth crammed full of surveillance equipment and spying ‘toys’. Among the high-tech gadgets found was a £120,000 ‘IMSI’ grabber that could
Annaliese Dodds quit the Government today with a broadside at Sir Keir Starmer over his plan to use foreign aid money to re-arm Britain. Earlier this week, the Prime Minister announced that defence spending will be increasing to 2.5 per cent of GDP by 2027, with a view to it hitting 3 per cent in
This week saw the most significant developments to bring about an end to the Ukraine war since Russia invaded in February 2022. A meeting between US and Russian officials in Saudi Arabia on 18 February covered a number of key areas, including restoring relations between the two superpowers and the role of Nato in any