7.8 C
Monday, May 20, 2024

Russian Court Orders Seizure of Deutsche Bank and UniCredit Assets Amid Exit from Russia

Court documents dated May 16 reveal that the St. Petersburg court ordered the confiscation of assets amounting to 239 million euros ($260 million) from Deutsche Bank and 463 million euros ($504 million) from Italy's UniCredit

PM Roosevelt Skerrit welcome students of Bellevue Chopin Primary School

Roseau, Dominica: The students of Bellevue Chopin...

Ukrainian Drone Attacks on Russia Kill 2, Ignite Oil Refinery Blaze

This marks Kyiv's largest aerial assault in recent weeks and coincides with Russian advancements along the northeastern Ukrainian front line

Prez Zelenskyy demands “maximum sanctions” on Russia at Economic Forum, Davos

WorldRussiaPrez Zelenskyy demands "maximum sanctions" on Russia at Economic Forum, Davos
The President of Ukraine, Volodymyr Zelenskyy, has said to the global leaders and business executives at the World Economic Forum in Davos, Switzerland, on Monday that they had faced a turning point after Russia called full-scale military operation against Ukraine- and that it was the time to increase the sanctions against Moscow.
It is the first time global & business leaders have gathered at Davos since January 2020, just before the COVID-19 pandemic. They now operate in an extensively changed world faced with numerous challenges: the war in Ukraine, the economic crisis and food shortages.
Ukrainian President further demanded, “maximum sanctions” on Russia.
Zelenskyy further urged, “An embargo on Russian oil, a complete blockade of all Russian banks, without exception. Total abandonment of the Russian IT sector and complete cessation of trade with the aggressor. Do not wait for Russia’s use of special weapons, chemical, biological, God forbid, nuclear.”
“You need to set a precedent for the complete exit of all foreign businesses from the Russian market so that your brands are not associated with war crimes, and the war criminals do not your offices, accounts, and goods in their bloody interests.”
Ukraine has sent a large delegation to Davos, including the mayor of Kyiv, Vitali Klitschko. “Every one of you has to understand: we are defending you, personally,” Kiltschko said Monday. “We are fighting for values. I hope the same values, democratic values.”
The message from the Ukrainian delegation has been warmly welcomed. But Kyiv’s demands for a complete embargo on Russian energy and trade are far from being met.

Check out our other content

Check out other tags:

Most Popular Articles