17.1 C
Europe
Sunday, May 19, 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

US accuses Russia of extortion over Ukrainian export grain demands

WorldRussiaUS accuses Russia of extortion over Ukrainian export grain demands
The United States on Monday has put the blame on Russia for extortion at the price of the developing world after it made a demand for Ukrainian security guarantees on its fleet in Crimea to preserve a secure corridor to export grain.
The spokesman of the State Department, Ned Price, in an address, stated that, “what you are explaining appears to be either collective punishment or collective extortion.”
He said that, “It is not an issue between any two nations on the face of the earth. This is an urgent imperative for developing nations.”
Meanwhile, he further added that, “Russia’s suspension of the initiate would be a tantamount to collective punishment for the rest of the world, but especially lower as well as middle-income nation that so desperately needs this grain.”
At the same time, Price voiced alarm that global food prices have already risen because of uncertainty over the grain initiative, which had been negotiated by the United Nations and Turkey.

Check out our other content

Check out other tags:

Most Popular Articles