Tag: RUSSIA-UKRAINE-WAR
UK regulator revokes license of Russia-backed broadcaster RT.
Britain's communications regulator Ofcom has revoked the license of Russia-backed broadcaster RT, citing concerns over its impartial reporting of the Ukraine conflict. The decision follows 29 investigations into RT's coverage, with the regulator finding the broadcaster unfit to hold a UK broadcast license due to its Russian state funding and coverage of the invasion.
Russia’s invasion drives NATO rethink of Europe force stance.
Russia's invasion of Ukraine has fundamentally transformed NATO's strategic approach, forcing a critical re-evaluation of military positioning and diplomatic relations that were established in the post-Cold War era of perceived cooperation.
Council of Europe expels Russia from human rights body.
The Council of Europe voted to expel Russia from its human rights body, citing Moscow's invasion of Ukraine. In a symbolic gesture, staff removed the Russian flag from headquarters in Strasbourg, marking an unprecedented end to Russia's 26-year membership in the continental organization.
Asian shares rise ahead of Fed decision on rate hike.
Asian shares gained ground on Wednesday, with Japan's Nikkei 225 jumping 1.7% and Hong Kong's Hang Seng rising 2.1%. Investors are anticipating the U.S. Federal Reserve's expected 0.25 percentage point interest rate increase, marking the first hike since 2018.
White House: Biden will travel to Europe for Ukraine talks.
President Joe Biden will visit Europe next week for crucial talks with European leaders about the ongoing Russian invasion of Ukraine. He will attend an extraordinary NATO summit in Brussels on March 24, focusing on sanctions, humanitarian efforts, and coordinating international support for Ukraine.
EU and UK hit Russia with wider sanctions that target luxury
The European Union and United Kingdom expanded sanctions against Russia, targeting high-end items like pure-bred horses and truffles, while blocking Russian access to global financial ratings and steel markets. These measures aim to isolate Russia economically and limit its resources for continuing military actions.
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
Asian stocks declined on Tuesday, with MSCI's Asia-Pacific index falling 1.97%, driven by concerns over the Ukraine war, potential U.S. interest rate hikes, and China's rising COVID-19 cases. Chinese stocks showed pronounced weakness, reflecting broader market uncertainty and economic challenges.
