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A vicious corporate dispute has erupted between Argentem Creek Partners, a US hedge fund, and the GNT Group, owner of a grain port terminal in Odesa participating in the critical Grain Corridor Initiative.
The great tank taboo has finally been broken with the United States announcing it will send 31 Abrams main battle tanks to Ukraine just hours after Germany agreed to sending 14 Leopard 2 tanks, Washington and Berlin announced on January 25.
‘Cooperation in a fragmented world’ was the theme at the World Economic Forum in Davos, but Europe is still struggling to catch up with the cleantech policies of the US and China.
What just happened? Did the war in Ukraine just take a decisive turn? Did the West just change its tactics from helping Kyiv defend itself from the Russian aggressor to committing itself to offensive weapons and ensuring Russia’s defeat?
The World Economic Forum in Davos, Switzerland, was held in person this year for the first time since the start of the COVID-19 pandemic. The theme of the meeting was “co-operation in a fragmented world," but Russia and China were a no show.
Ukraine is heading toward default according to the Fitch Ratings agency, Ukraine Business News reported on January 23.
Countries that have the Leopards in their stock need Germany’s approval to send them to fight abroad, a commitment that Berlin has also been unwilling to make up to now.
Germany’s refusal to send its powerful Leopard main battle tanks to Ukraine will prolong the war in Ukraine and makes a Berlin Wall-type scenario to end the conflict more likely.
Ukraine’s lengthy and expensive reconstruction process could be a beacon to the rest of the world about the “power of capitalism,” said Larry Fink, CEO of investment company BlackRock at the Ukrainian Breakfast discussion in Davos.
Despite the intense pressure being brought on Berlin to allow Europe’s Nato members to send their advanced Leopard 2 tanks to Ukraine, a summit at the Nato Ramstein airbase failed to approve the measure.
At the remote Ukrainian Breakfast hosted as part of the Davos 2023 forum, Ukrainian President Volodymyr Zelenskiy expressed doubt about the possibility of peace talks with Russia – and whether Vladimir Putin is still “alive.”
Ukraine’s allies gave a very clear and decisive message at the Ukrainian Breakfast panel discussion in Davos on January 19: Ukraine will beat Russia eventually, so let’s make it happen sooner rather than later.
Speculation that refusal to cut Russia ties led to Aleksandar Vucic being shunned by fellow Balkan leaders after pictures show him sitting alone at the back of a session at the World Economic Forum.
Ukrainian President Volodymyr Zelenskiy again urged allies to send Ukraine tanks at the World Economic Forum in Davos on January 18.
On Tuesday, January 17, a Minsk court began a trial in absentia of leading Belarusian opposition figures. Political repression continues to increase in the country.
Andrey Yakunin, son of the former head of Russian Railways Vladimir Yakunin, who is sanctioned as a "Kremlin insider", went on trial in Norway on November 29 having been accused of illegally flying drones in Norway.
Putin lashed out at the West during his keynote speech at St Petersburg International Economic Forum (SPIEF) on June 17, claiming that it was using Russia as a scapegoat to excuse its failure to control inflation.
Russia's premier investment event normally attracts thousands of business people from across Europe to hobnob with the Russian elite, but this year a mere 115 Western companies chose to take part.
While most European leaders stayed away from the SPIEF 2022 forum after Russia’s invasion of Ukraine, Bosnian President Milorad Dodik was there and made a rousing defence of Putin.