A mystery has emerged over the identity of the authors of the 28-point peace plan floated last week to bring the war in Ukraine to an end. It’s important as the knee-jerk reaction to initial reports is that it is a Kremlin sponsored wish-list.
Top Ukrainian, US and European officials gathered in Geneva on November 23 to try and find compromises to the 28-point peace plan floated the previous week to end the war in Ukraine, which they see as making major concessions to Russia.
Russia’s Rosneft has executed a strategic reduction of its shareholding in the Kurdistan Pipeline Co. (KPC), bringing its stake below the critical 50% threshold to insulate the subsidiary from the reach of US sanctions
Detectives warn Brits that buying cocaine on a Friday night can help fund Russian arms factories.
One of the proposals in the US 28-point peace plan is that Ukraine reduce its armed forces to 600,000 men. Bankova has already rejected that proposal, but it would still leave Ukraine with the second biggest army in Europe after Russia’s.
The US draft security guarantee for Ukraine included in the mooted 28-point peace plan offers Ukraine unprecedented Article 5-like assurances, the biggest concession to Kyiv in the Trump administration effort to bring the war to an end.
The White House got out its stick and threatened to cut Ukraine off from its intelligence and arms supplies if Bankova rejects a proposed 28-point peace plan floated earlier this week, Reuters reports citing two sources said.
Most of the anglophone coverage of the US 28-point peace plan has been negative, suggesting it is nothing more than a capitulation to Russian aggression. But Russia did make some concessions. Zelenskiy should take the deal.
Russian equities rallied strongly at the start of trading on November 21 after details of the US 28-point peace plan were released the previous evening. Investor sentiment got a fillip as a possible deal is on the cards.
The full text of the US-Russian 28-point peace plan was released on November 20 that the White House hopes will bring the war in Ukraine to an end.
India’s reliance on discounted Russian crude — a pillar of its energy strategy since 2022 — has come under renewed strain as Washington tightens sanctions and imposes fresh tariffs on Moscow’s energy sector.
Russia’s T-Technologies reported record financial results for the third quarter and nine months ended on September 30, as the Russian technology group crossed RUB1tn ($11bn) in revenue for the first time and announced a new share buyback.
A new US 28-point plan to end the war in Ukraine suddenly burst on to the scene on November 20, as the White House hopes to use the growing pressure on Ukraine to force terms on Kyiv as soon as this week.
When Russian troops crossed into Ukraine in February 2022, the country’s main crude export blend, Urals, was still trading in line with its traditional discount to Brent of $2. A month later Russia discounted it by $30 to find buyers.
The Russian owners of Serbia’s oil company NIS have agreed to sell their 56.15% stake and are in talks with a potential buyer, as Belgrade races to meet US demands for a full Russian exit from the company.
What’s the purpose? Who’s the beneficiary?
The Hamburg Regional Court ruled in favour of Uzbek-Russian billionaire Alisher Usmanov in a lawsuit against a German citizen who claimed on Facebook that Usmanov had used his sister, Saodat Narzieva, to conceal assets in a Swiss bank.
The war of drones has reached a level that was impossible to predict just a short time ago. The Western allies are completely unaware of the current military landscape as they talk about defending their borders from a new model of warfare.
Russia’s Finance Ministry has projected a federal budget deficit of RUB5.7tn ($63.6bn) in 2025, or 2.6% of GDP, based on expected expenditures of RUB42.8tn and revenues of RUB37.1. But it will probably miss even this inflated target.