Canada disrupts attempt to export banned materials to Russia

Canada disrupts attempt to export banned materials to Russia

Canada has disrupted an attempt to send materials to Russia in violation of sanctions imposed following the invasion of Ukraine, an official said Tuesday. Border officers in Montreal seized the shipment, described as “dual-use goods” banned from export to Russia under Canada’s sanctions regime. The shipment was one of more than a dozen with “suspected … Read more

Scholz on turbines: ‘Trudeau took a strong decision that reinforced Germany’s and Europe’s position’

Scholz on turbines: ‘Trudeau took a strong decision that reinforced Germany’s and Europe’s position’

German Chancellor Olaf Scholz gestures as he addresses a press conference on current issues of energy policy at the Chancellery in Berlin on July 22, 2022.CHRISTIAN SPICKER/AFP/Getty Images The following is a transcript of The Globe and Mail’s interview with German Chancellor Olaf Scholz on Canada’s decision to allow Russian turbines to be sent back … Read more

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia stick to a deal to let Ukraine export grain. The first ships from Ukraine may set sail in days under a deal … Read more

Canadian fighter wounded in Ukraine evacuated to Ottawa

Canadian fighter wounded in Ukraine evacuated to Ottawa

A Canadian veteran badly wounded while serving with the Ukrainian armed forces is recovering at an Ottawa hospital after being evacuated from the war zone. The retired member of the Canadian military told Global News he was taking part in an operation with Ukraine’s international legion when he hit a Russian anti-tank mine. In an … Read more

Is This The Only Way To Curb Russian Oil Revenues?

Is This The Only Way To Curb Russian Oil Revenues?

The West is looking to cap the price of Russian oil with the double goal of restricting Putin’s oil revenues while lowering energy bills for the biggest oil-consuming nations, including the top oil consumer, the United States. The success of such a plan is far from certain, but there may be one surefire way to … Read more

Ukraine expresses ‘deep disappointment’ as Canada sends back six Russian turbines to Germany

Ukraine expresses ‘deep disappointment’ as Canada sends back six Russian turbines to Germany

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022.HANNIBAL HANSCHKE/Reuters The Ukrainian government on Sunday expressed “deep disappointment” at Canada’s decision to send back repaired Russian-owned gas turbines that had been stranded in Montreal because of sanctions against Moscow, warning the move would embolden … Read more

Global in Ukraine Exclusive: Interview with family of Russian soldier killed in Ukraine – National

Global in Ukraine Exclusive: Interview with family of Russian soldier killed in Ukraine – National

On the morning of April 29, Galena Pankina answered the phone at her home in Baklashi, a village in central Russia, and was told her son had died in Ukraine. Danil Pankin was a reconnaissance officer in a Russian army motorized-rifle battalion who was sent on President Vladimir Putin’s disastrous invasion. He didn’t even make … Read more

Putin warns Russia hasn’t ‘started anything yet’ in Ukraine, war heading to ‘tragedy’ – National

Putin warns Russia hasn’t ‘started anything yet’ in Ukraine, war heading to ‘tragedy’ – National

President Vladimir Putin said on Thursday that Russia had barely gotten started in Ukraine and dared the West to try to defeat it on the battlefield, while insisting that Moscow was still open to the idea of ​​peace talks. In a hawkish speech to parliamentary leaders more than four months into the war, Putin said … Read more

Russia To Hit Gazprom With $20 Billion Windfall Tax

Russia To Hit Gazprom With  Billion Windfall Tax

Russia’s lower house of parliament approved on Tuesday amendments in the country’s tax code that would slap a windfall tax on Gazprom of the equivalent of $20 billion between September and November, which will boost Russia’s tax revenue income. The amendment still needs to be approved by the upper house of the Russian Parliament and … Read more

The West Rushes To Curb Russian Oil Revenue Without Increasing Prices

The West Rushes To Curb Russian Oil Revenue Without Increasing Prices

The United States, the EU, and G7 are already shunning and banning Russia’s oil in the wake of the Russian invasion of Ukraine. But the West has failed to limit the most significant contribution to Vladimir Putin’s war chest—oil revenues. The US and the EU, plus the G7 partners the UK, Canada, and Japan, are … Read more