Price cap on Russian crude oil exports due to come into effect
A price ceiling on Russian seaborne crude oil agreed upon by Australia, the EU and G7 nations will come into effect on Monday, with a cap on refined petroleum products due in February next year.
Prime Minister Narendra Modi on Monday held talks with his Japanese counterpart Fumio Kishida at Hyderabad House in New Delhi. With Japan and India holding the.. IndiaTimes
The day-long visit to India by Japanese PM Fumio Kishida will provide an opportunity to both countries to discuss how G20 and G7 can work together to handle.. IndiaTimes
Members of the G7 reaffirmed their commitment to Ukraine and the war of aggression it is fighting. All seven countries pledged to continue to support Kyiv financially and with arms, while continuing on the path of sanctions against Moscow.
Credit: euronews (in English) Duration: 01:05Published
US Announces $2B More , in Security Aid to Ukraine.
Reuters reports that White House National Security Adviser Jake Sullivan made the announcement on Feb. 23.
We're going to continue to look at what is necessary, and make sure that we provide what is necessary that Ukraine has what it needs to succeed on the battlefield, Jake Sullivan, White House National Security Adviser, via statement.
We're going to continue to look at what is necessary, and make sure that we provide what is necessary that Ukraine has what it needs to succeed on the battlefield, Jake Sullivan, White House National Security Adviser, via statement.
The announcement comes as Russia's
invasion was launched one year ago.
The announcement comes as Russia's
invasion was launched one year ago.
Associated Press reports that in a statement on Feb. 24,
the Pentagon said weapons that will be provided include drones and electronic warfare detection equipment.
Associated Press reports that in a statement on Feb. 24,
the Pentagon said weapons that will be provided include drones and electronic warfare detection equipment.
The aid also includes funds for more "ammunition for the High Mobility Artillery Rocket Systems" and laser-guided rocket systems, AP reports.
Reuters reports that Sullivan was also asked about Ukraine requesting U.S. F-16 fighter jets.
F-16s are not a question for the short-term fight. F-16s are a question for the long-term defense of Ukraine, Jake Sullivan, White House National Security Adviser, via statement.
A new round of sanctions
was also imposed by the G7 nations.
G7 countries will continue to keep Russia’s sovereign assets immobilized until there is a resolution to the conflict that addresses Russia’s violation of Ukraine’s sovereignty and integrity, White House, via statement.
AP reports that the U.S. has pledged over $32 billion in security aid to Ukraine since Putin attacked
Credit: Wibbitz Top Stories Duration: 01:30Published
US Announces , New Round
of Sanctions , on Russia.
Fox News reports that the United States is hitting Russia
with a fresh round of sanctions aimed at undermining the country's ability to continue its war on Ukraine.
Fox News reports that the United States is hitting Russia
with a fresh round of sanctions aimed at undermining the country's ability to continue its war on Ukraine.
The U.S. Treasury Department announced
the new sanctions on Feb. 24, which include Russia's metals and mining sector. .
G7 partners and other allies aim to hinder Russia's access
to the funds, resources and technology that its
military relies on to sustain its invasion of Ukraine.
G7 partners and other allies aim to hinder Russia's access
to the funds, resources and technology that its
military relies on to sustain its invasion of Ukraine.
Fox News reports that the sanctions
target over 200 individuals
and entities linked to Russia. .
The sanctions apply to producers of
carbon fiber, a crucial material for
the production of defense systems.
Also targeted by the new sanctions is Russia's technology
and electronics sectors, specifically producers and
importers of specialized or high-tech equipment.
As the Ukrainian people continue to valiantly
defend their homeland and their freedom,
the United States is proud to support
Ukraine through economic, security,
and humanitarian assistance, Janet L. Yellen, Secretary of the Treasury, via Fox News.
Over the past year, we have taken actions
with a historic coalition of international
partners to degrade Russia’s
military-industrial complex and reduce
the revenues that it uses to fund its war. , Janet L. Yellen, Secretary of the Treasury, via Fox News.
Our sanctions have had both short-term
and long-term impact, seen acutely in
Russia’s struggle to replenish its
weapons and in its isolated economy. , Janet L. Yellen, Secretary of the Treasury, via Fox News.
On February 24, the Defense Department also announced
a new $2 billion aid package for Ukraine, including artillery
ammunition and equipment to bolster air defenses.
Credit: Wibbitz Top Stories Duration: 01:30Published
Microsoft's $69 Billion Takeover of Activision , Takes Another Step Toward Approval.
Microsoft's $69 Billion Takeover of Activision , Takes Another Step Toward Approval.
'Bloomberg' reports that Microsoft's chances of gaining approval for its acquisition of Activision Blizzard increased after U.K. regulators reduced the scope of their probe.
According to the Competition and Markets Authority (CMA),
"a significant amount" of new evidence
suggests that Microsoft is unlikely to profit
from exclusive access to top-selling franchises. .
As one of the 30-largest acquisitions of all time, Microsoft's
proposed takeover of Activision Blizzard has come
under scrutiny in both the United States and Europe.
As one of the 30-largest acquisitions of all time, Microsoft's
proposed takeover of Activision Blizzard has come
under scrutiny in both the United States and Europe.
On March 24, the CMA argued that data
suggests the strategy of selling off 'Call of Duty' , “would be significantly loss-making
under any plausible scenario.” .
The CMA's probe will now reportedly
be narrowed to cloud gaming, echoing
similar decisions made in the European Union. .
In response to the news, Activision shares
climbed about 6% as the U.S. market
opened, reaching $84.58.
We appreciate the CMA’s rigorous
and thorough evaluation of
the evidence and welcome
its updated provisional findings. , Microsoft spokesperson, via 'Bloomberg'.
'Bloomberg' reports that Activision has also
defended the acquisition, emphasizing that
U.K. regulators' concerns have been addressed. .
Sony’s campaign to protect
its dominance by blocking our
merger can’t overcome the facts,
and Microsoft has already presented effective and enforceable remedies
to address each of the CMA’s
remaining concerns. , Activision spokesperson, via 'Bloomberg'.
We know this deal will benefit
competition, innovation,
and consumers in the U.K, Activision spokesperson, via 'Bloomberg'
Credit: Wibbitz Top Stories Duration: 01:31Published
President Vladimir Putin has signed a decree on retaliatory measures to the West’s price cap on Russian oil exports. Tuesday's ratification is in response to the punitive measure taken by..
Russian President Vladimir Putin in his latest decree said that his country will not export oil to those countries that will comply with the price cap agreed upon by western nations.
#Russia..
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