Roman Abramovich said to be among those looking for a luxury base in the UAE, which is unafraid to snub the west On the tarmac of Dubai airport, half way along its main runway, a small terminal has been doing brisk business this month. Daily flights have disgorged dozens of Russians – many among theContinue reading “Dubai throws open the doors for the rich Russians escaping sanctions”
‘Lay down your arms’ before dawn, Russian general said Ukraine replies: ‘No question of surrender’ in Mariupol Hundreds of thousands of civilian trapped under siege Shelling wrecks Kyiv shopping centre, at least eight dead EU begins talks on possible energy embargo against Russia Ukraine defied a Russian demand that its forces lay down arms beforeContinue reading “Ukraine defies Russian demand to lay down arms in Mariupol”
In his State of the Union speech, Biden also vowed to work alongside allies to seize assets from Russian oligarchs, including yachts, luxury apartments and private jets. President Joe Biden announced Tuesday during his State of the Union address that the U.S. would close its skies to Russian aircraft while promising more pain to Russia and itsContinue reading “Biden announces U.S. will close its skies to Russian aircraft”
The European Union is being criticized for not cutting off Russia from the global payments system. But what exactly is SWIFT? What would a ban mean for Russia? And why is the EU dragging its feet? DW explains. Ukrainian Foreign Minister Dmytro Kuleba didn’t mince his words in calling out the European Union for draggingContinue reading “What is SWIFT and why does Ukraine want Russia banned from it?”
The US, the EU and Japan have all taken steps to restrict Russia’s capacity to borrow on international markets. “We’ve cut off Russia’s government from Western financing,” Biden said. “It can no longer raise money from the West and cannot trade in its new debt on our markets or European markets either.” Von der LeyenContinue reading “Japan announces sanctions on Russia after Ukraine crisis escalation – DW News Asia”
Turkish President Recep Tayyip Erdogan has arrived in the United Arab Emirates for the first time in nearly a decade, to improve ties between the two nations.