Russia seizes control of Sakhalin gas project, raises stakes with West

Putin signed decree to secure all rights on Thursday Five-page decree follows tightening Western sanctions Move raises risks for Western firms still in Russia Shell was already in talks to sell up Sakhalin stake TOKYO / LONDON, July 1 (Reuters) – President Vladimir Putin has raised stakes in an economic war with the West and … Read more

Missile kills 10 in Odesa after Ukraine retakes Snake Island

Russia calls Snake Island exit a ‘gesture of goodwill’ Donbas situation more precarious for Ukraine Russian missile hit apartment building in port of Odesa KYIV, July 1 (Reuters) – A Russian missile strike in Ukraine’s southern port of Odesa early on Friday killed at least 10 people, a regional official said, a day after Ukraine … Read more

Russia steps up attacks in Ukraine after landmark NATO summit

NATO brands Russia most ‘significant and direct threat’ Ukraine lauds ‘difficult but essential decisions’ by NATO Putin: Russia will respond to NATO moves in Finland, Sweden Russian missile attacks intensify across Ukraine MADRID / KYIV, June 30 (Reuters) – Russia pressed on with its offensive in eastern Ukraine on Thursday after NATO branded Moscow the … Read more

EXCLUSIVE EU nears compromise deal to defuse standoff with Russia over Kaliningrad

Kaliningrad depends on rail and road through Lithuania Clampdown on sanctioned freight angers Moscow EU seeks compromise with Lithuania to resume normal trade VILNIUS / BRUSSELS, June 29 (Reuters) – Trade through Lithuania to the Russian exclave of Kaliningrad could return to normal within days, two sources familiar with the matter said, as European officials … Read more

Dozens missing after strike on Ukraine mall, Russia presses attacks on east

Authorities say about 36 people missing after attack on mall Situation in Lysychansk is very difficult – Governor Gaidai Zelenskiy urges Security Council to expel Moscow from UN Russia calls Zelenskiy’s address “PR campaign” for weapons Turkey lifts veto on Finland, Sweden joining NATO KREMENCHUK, Ukraine, June 29 (Reuters) – Dozens of people were still … Read more

Boost for luxury London property prices as Russians locked in

LONDON, June 28 (Reuters) – The war in Ukraine is making it hard for even unsanctioned Russians to sell exclusive residential property in Britain, adding to a shortage of supply that has helped drive up house prices in prime locations, real estate sources say. Russian oligarchs, Middle Eastern oil barons and billionaire Chinese entrepreneurs have … Read more

Why Russian oil price cap is easier said than done

Model of petrol pump is seen in front of EU and Russian flag colors in this illustration taken March 25, 2022. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 28 (Reuters) – G7 leaders have agreed to study possible price caps on Russian … Read more

Spain turns to Africa, lobbies NATO, allies over Ukraine-driven migration

Spain hosts NATO summit this week Spain likely to push for more shared intelligence, sources Families making dangerous crossings from Africa to Canaries Morocco clamping down on migration after deal with Spain Migrant deaths in Melilla highlight dangers, NGOs say MADRID / LAS PALMAS, June 27 (Reuters) – Spain is shifting its foreign policy towards … Read more

Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banks found guilty of qualified money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first … Read more

‘Off the charts’ chemical shortages hit US farms

CHICAGO, June 27 (Reuters) – US farmers have cut back on using common weedkillers, hunted for substitutes to popular fungicides and changed planting plans over persistent shortages of agricultural chemicals that threaten to trim harvests. Spraying smaller volumes of herbicides and turning to less-effective fungicides increase the risk of weeds and diseases to dent crop … Read more