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Friday, June 2, 2023

‘When we win, the war will stop,’ says Prez Zelensky

"Till our victory. When we win, the war will stop. Or Russia can stop this war earlier, they can go out to their independent territory from our territory,” was the reply made by the President of Ukraine, Volodymyr Zelenskyy to a question asked by the reporters.

SBU exposes head of Ovrutsk-Korosten diocese of UOC (MP) in Zhytomyr Oblast

The Security Service of Ukraine has exposed the head and secretary of the Ovrutsk-Korosten diocese of the UOC (MP) in the Zhytomyr Oblast.

PM Drew highlights achievements of his achievements during SKNLP Conference

The Prime Minister of the island nation of St Kitts and Nevis, Dr Terrance Drew has reaffirmed that the motto of of St Kitts-Nevis Labour Party (SKNLP) “For the good that we can do” must remain forefront of every deliberation as well as each action, in pursuit of “Social justice for all” by all his 9-months old administration of SKNLP.

Ukraine urges major EU, US banks to cease doing business with Russia companies

WorldRussiaUkraine urges major EU, US banks to cease doing business with Russia companies

One of the senior economic advisors to the president of Ukraine, Volodymyr Zelenskyy, has written to major European and US banks, such as JPMorgan and HSBC, urging that they cease doing business with companies that trade Russian oil or maintain stakes in Russian energy monopolies Gazprom and Rosneft, as per reports.

The top Zelenskyy aide has blamed the lenders of “war crimes” and called for a complete break to credit allowances to companies involved in the transportation of Russian oil. The banks were told that if they refused to end the credit arrangements, they would be blocked from taking part in the postwar reconstruction of Ukraine.


The economic advisor, Oleg Ustenko, told the Financial Times that the Ukrainian Ministry for Justice is intending to sue certain banks at the International Criminal Court (ICC) at the end of the war. Ustenko also claimed that Ukraine’s security services had begun to collect information on particular banks and financial institutions that were involved in financing Russian fossil fuels.

“In my view, they are committing war crimes because they are helping the Putin regime,” the economic advisor said.

Russian energy exports contribute significantly to the budget of Russia’s armed forces in tax revenue. In 2019, the oil and gas sector accounted for roughly 40% of Russia’s federal budget revenues, and up to 60% of its exports and GDP.

Although the ICC cannot prosecute governments or corporations, it may attempt to investigate leading individuals from these organisations.

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