UK Defense Secretary Philip Hammond has been talking about why the UK and US must remain partners of choice in defense. This week Mr Hammond gave a speech at the Heritage Foundation in Washington DC about the special relationship that exists between the UK and the US, describing the UK as the most capable and interoperable ally.
By James Stafford, Oilprice.com - Having ridden roughshod over Ukraine, Russia's annexation of the Crimea is now over and a new chapter in Ukrainian politics is about to begin—but it won't be much different than the last chapter, with the same old faces surfacing for May presidential elections.
US President Barack Obama has told the European Union it cannot rely on the United States alone to reduce its dependency on Russian energy, as relations with Moscow chill over its seizure of Crimea from Ukraine.
Russia’s Vladimir Putin called President Cristina Fernández and praised Argentina’s position against the “double standard” of world powers in the resolution of international conflicts. The Argentine leader appealed to the examples of Crimea and the Falkland Islands' referendum in her statements last week in France.
With a display of fireworks in Moscow and Crimea, President Vladimir Putin has signed a law formalizing Russia's takeover of Crimea from Ukraine, despite fresh sanctions from the EU and the US. The European Union's latest measures target twelve people involved in Russia's annexation of the peninsula.
According to Reuters, Crimea may nationalize oil and gas assets within its borders belonging to Ukraine, and sell them off to Russia. Crimea’s Deputy Prime Minister hinted at the possibility that it would take control of Chornomorneftegaz, a Ukrainian state-owned enterprise, and then “privatize” it by selling it to Gazprom.
On February 27, 1954 Pravda published a short announcement on its front page that the Presidium of the Supreme Soviet of the USSR had decreed on February 19 the transfer of the Crimean oblast' from the RSFSR to the Ukrainian Soviet Socialist Republic.
Crimea means more to Russia than the Falklands mean to Britain, Russia's Foreign Minister Sergei Lavrov said on Friday after holding last-ditch talks on the region with his U.S. counterpart John Kerry.
The European Central Bank (ECB) kept on Thursday its benchmark interest rate at its record low of 0.25%, despite fears inflation could get stuck in a danger zone below 1%. The bank slightly raised its forecast for growth to 1.2% in 2014, but dropped its inflation estimate.
Russia, Ukraine and China are being blamed for a failure of plans to protect almost 3 million square kilometers of ocean in Antarctica. After two weeks of discussions behind closed doors, the Conservation of Antarctic Marine Living Resources (CCAMLR) has failed to come to an agreement on new marine reserves.