The European Union aims to finalize and sign at least three stalled trade agreements this year as the bloc looks to reinforce strategic alliances amid the turmoil caused by Russia’s invasion of Ukraine.
Despite the rules agreed by the European Commission, one of Germany's largest natural gas importers, VNG, has opened an account with Gazprombank for payments for Russian gas under Moscow's new terms, in Euros then converted into Rubles helping the Russian currency to recover its value.
The European Union is set to give some member states heavily dependent on Russian oil – such as Hungary and Slovakia – time until the end of 2024 to comply with the proposed embargo on oil imports from Russia, as the bloc is looking to keep a united front against Putin and his invasion of Ukraine, reported Bloomberg on Friday.
Russian soldiers have reportedly looted some five million dollars worth of agricultural state-of-the-art equipment from Ukraine, but it is not clear whether they have been able to man it, given their sophisticated software system.
Following the announcement by the United States that the governments of Cuba, Nicaragua, and Venezuela were not going to be invited to June's Summit of the Americas in Los Angeles because they do not respect democracy, Argentina has urged it to review its stance.
Several Chinese companies purchased Russian coal paying in Chinese currency in March, and the first shipment would be made in April, according to Fenwei Energy Information Service Co., China’s leading information and service provider to the coal and coke industries. This is also the first shipment of Russian commodities paid in Yuan to arrive in China after Russia was sanctioned by Western countries.
Turkish Foreign Minister Mevlüt Çavuşoğlu insisted over the weekend that the Government of President Recep Tayyip Erdogan was conducting a series of efforts to organize a meeting between Russian President Vladimir Putin and his Ukrainian counterpart Volodymyr Zelensky.
UK defense authorities Friday confirmed they were deploying some 8,000 of its troops to continental Europe between April and June from Finland to North Macedonia in what is regarded as the largest movement of military resources since the Cold War.
The European Union's Ambassador to Argentina said Thursday that if the trade agreement between the EU and Mercosur was to be revived it was now or never.
One day after meeting in Moscow with Russian President Vladimir Putin, United Nations Secretary-General Antonio Guterres Thursday traveled to Kyiv for an encounter with Ukrainian President Volodymir Zelensky amid heavy shelling from Russian forces.