US President Joe Biden said that Vladimir Putin, his Russian counterpart, was wrong to believe Western resolve would “crumble”, as the Ukraine conflict drags on.
Germany is poised to back down on tank deliveries to Ukraine
Germany seemed poised to concede in the dispute over sending Leopard 2 tanks into Ukraine on Monday. This signalled its willingness to allow Nato allies to re-export theirs.
Coalition partners criticize German Chancellor’s indecisiveness about Leopard tank deliveries
Olaf Scholz’s supervisor was informed that Germany failed a historic test by refusing to send battle tanks from Ukraine at a weapons-pledging conference.
Rebuilding Ukraine to cost more than double World Bank estimate, says BlackRock boss
At an event in Davos, Volodymyr Zelensky, the head and largest money manager in the world, said that Ukraine will need more than $750bn (£608bn).
After Kyiv closes major transit route, Russian gas to Europe via Ukraine drops by 25%
The Russian gas flow to Europe via Ukraine dropped by 25% on Wednesday, after Kyiv stopped using a major transit route. This was the first time that exports via Ukraine
Ukraine halting key Russian gas transport to Europe, blames Moscow
On Tuesday, Ukraine announced that it would suspend gas flow through the transit point. It claimed the transit point delivers nearly a third of the fuel from Russia to Europe
Russia acknowledges its economic collapse due to Putin’s war
According to the Finance Ministry, Russia is experiencing its worst economic crisis in nearly three decades.
Russia Banned from Using U.K. Accountants, Consultants, and PR
As Foreign Secretary Liz Truss announced that Russia was barred from having access to U.K. accountants, management consultants and public relations firms, she also announced another tranche of sanctions in