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Page 260 - Russia

Ukraine war raises spectre of Russia's first external debt default

Russia has never defaulted on sovereign hard currency debt, but reserve freeze, severed financial ties, politics pose risk ; Moscow has stopped payments on local sovereign bonds already

Ukraine war raises spectre of Russia's first external debt default
Updated On : 02 Mar 2022 | 8:02 PM IST

3rd World War will be 'nuclear and devastating', warns Russia's Lavrov

Russian Foreign Minister said that Russia was ready for sanctions that were imposed against it but was surprised that the penalties affected athletes and journalists

3rd World War will be 'nuclear and devastating', warns Russia's Lavrov
Updated On : 02 Mar 2022 | 7:34 PM IST

Business as usual, assures Russia's Alrosa as Indian diamond trade frets

While almost 50% of the Indian industry's rough diamonds come from Africa, Alrosa is the second biggest source with 30-35% share

Business as usual, assures Russia's Alrosa as Indian diamond trade frets
Updated On : 02 Mar 2022 | 5:56 PM IST

Honda suspends exports to Russia, more Japanese automakers could follow

Western companies have spurned Moscow following the invasion, stopping sales in Russia and even saying they would exit investments there

Honda suspends exports to Russia, more Japanese automakers could follow
Updated On : 02 Mar 2022 | 5:46 PM IST

Banks concerned as trade settlements with Russia stall in face of sanctions

The extent of the payments that are stalled is not clear at the moment and RBI is trying to assess it

Banks concerned as trade settlements with Russia stall in face of sanctions
Updated On : 02 Mar 2022 | 4:29 PM IST

European stocks slip, oil passes $110, as Ukraine crisis continues

European stock indexes were in their second day of falls, with the STOXX 600 down 0.7% at 0857 GMT, while Germany's DAX was down 1.2% on the day

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Updated On : 02 Mar 2022 | 3:38 PM IST

Russia to investigate death of Indian student in Kharkiv: Envoy

Russia will investigate the death of the 21-year-old Indian medical student in the Ukrainian city of Kharkiv, Russian Ambassador-designate Denis Alipov said

Russia to investigate death of Indian student in Kharkiv: Envoy
Updated On : 02 Mar 2022 | 3:33 PM IST

European stocks slip, oil passes $110, as Ukraine crisis continues

European stock indexes were in their second day of falls, with the STOXX 600 down 0.7% at 0857 GMT, while Germany's DAX was down 1.2% on the day

European stocks slip, oil passes $110, as Ukraine crisis continues
Updated On : 02 Mar 2022 | 3:26 PM IST

Boeing, Exxon, Apple join Western firms spurning Russia over Ukraine

Ford suspends operations in Russia; Apple stops iPhone sales in Russian market

Boeing, Exxon, Apple join Western firms spurning Russia over Ukraine
Updated On : 02 Mar 2022 | 3:15 PM IST

'Minister No': Russian FM Sergei Lavrov embodies Moscow's steely posture

As Russia's top diplomat during the invasion of Ukraine, Foreign Minister Sergey Lavrov is embodying the Kremlin's defiant posture with a mixture of toughness and sarcasm. While President Vladimir Putin single-handedly shapes the country's foreign policy, Lavrov delivers Moscow's message with a bluntness uncharacteristic of a diplomat. In the role for nearly 18 years, the 71-year-old Lavrov has seen relations with the West shift from near-friendly to openly hostile, plummeting to a catastrophic new low with Russia's war against Ukraine. The invasion prompted the European Union to freeze the assets of both Putin and Lavrov, among others an unprecedented blow to Moscow's pride. Lavrov's tenure as foreign minister is second only to that of Soviet Foreign Minister Andrei Gromyko, who was in office for 28 years. Like Gromyko, who was nicknamed Mr. Nyet (Mr. No), Lavrov has come to represent the uncompromising face of Kremlin foreign policy vis a vis the West. He doesn't mince words whe

'Minister No': Russian FM Sergei Lavrov embodies Moscow's steely posture
Updated On : 02 Mar 2022 | 2:37 PM IST

World stocks slip, oil blasts past $110 as sanctions on Russia bite

In the latest tightening of restrictions on Moscow, the United States banned Russian flights using American airspace, following similar moves by the European Union and Canada

World stocks slip, oil blasts past $110 as sanctions on Russia bite
Updated On : 02 Mar 2022 | 2:35 PM IST

Thousands of people fight to get on trains out of Kiev amid Ukraine war

A video has shown people's desperate bid to flee Kyiv overnight as explosions struck residential areas and as many as 15,000 Russian troops bore down on Ukraine's capital, Daily Mail reported.

Thousands of people fight to get on trains out of Kiev amid Ukraine war
Updated On : 02 Mar 2022 | 1:43 PM IST

Google donates $15 mn in relief to Ukraine, blocks RT, Sputnik on YouTube

To curb the spread of misinformation and disrupt disinformation campaigns online, Google has "blocked YouTube channels connected to Russia Today and Sputnik across Europe"

Google donates $15 mn in relief to Ukraine, blocks RT, Sputnik on YouTube
Updated On : 02 Mar 2022 | 1:43 PM IST

Pakistan stays on sidelines as UN debates Russia-Ukraine crisis: Report

Pakistan allowed its turn to pass as the UN General Assembly continued to debate a resolution demanding immediate withdrawal of Russian troops from Ukraine, according to a media report on Wednesday.

Pakistan stays on sidelines as UN debates Russia-Ukraine crisis: Report
Updated On : 02 Mar 2022 | 1:29 PM IST

Mexico declines to join Russia sanctions, seeks to stay on peaceful terms

Mexico won't be taking part in the international sanction on Russia over Ukraine invasion, as President Andres Manuel Lopez Obrador says he seeks to keep his country on peaceful terms with all nations

Mexico declines to join Russia sanctions, seeks to stay on peaceful terms
Updated On : 02 Mar 2022 | 1:29 PM IST

Belarus President accidentally revealed Moldova will be invaded next

Belarussian President Alexander Lukashenko appears to have indicated Vladimir Putin's forces have plans to invade Moldova, Daily Mail reported.

Belarus President accidentally revealed Moldova will be invaded next
Updated On : 02 Mar 2022 | 12:58 PM IST

UN General Assembly to vote on resolution demanding Russia stop war

Country after country, from Europe's economic powerhouse to a tiny Pacific island nation, have lined up to lash out at Russia's invasion of Ukraine

UN General Assembly to vote on resolution demanding Russia stop war
Updated On : 02 Mar 2022 | 12:56 PM IST

United Airlines ends its use of Russian airspace, suspends two India routes

United Airlines said Wednesday it has stopped using Russian airspace for flights between the US and Mumbai and Delhi in India.

United Airlines ends its use of Russian airspace, suspends two India routes
Updated On : 02 Mar 2022 | 12:55 PM IST

India's output, exports of Russia's Sputnik vaccine at risk due to war

India's production and exports of Russia's Sputnik Covid-19 vaccines are expected to slow further following US sanctions on Russia's sovereign wealth fund that promotes the shot globally

India's output, exports of Russia's Sputnik vaccine at risk due to war
Updated On : 02 Mar 2022 | 12:48 PM IST

Visa, Mastercard block Russian financial institutions named for sanctions

US payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow's invasion of Ukraine

Visa, Mastercard block Russian financial institutions named for sanctions
Updated On : 02 Mar 2022 | 12:32 PM IST