Sanctioned Russian oligarch yacht in Dubai as pressure grows

The Madame Gu superyacht, owned by Russian parliamentarian Andrei Skoch, is docked at Port Rashid terminal, in Dubai, United Arab Emirates, Thursday, June 23, 2022. The sleek $156 million yacht belonging to Skoch, a sanctioned Russian oligarch and pa

DUBAI, United Arab Emirates — A sleek $156 million superyacht belonging to a sanctioned Russian oligarch and parliamentarian is now docked in Dubai, the latest reminder of how the skyscraper-studded sheikhdom has become a haven for Russian money amid Moscow’s war on Ukraine. The 98-meter (324-foot) Madame Gu, which has a helicopter pad, gym, beach … Read more

Russian commodities traders replace Switzerland with Dubai | Business and Economy News

Russian commodities traders replace Switzerland with Dubai |  Business and Economy News

Traders of Russian commodities are rushing to set up businesses in Dubai as Switzerland makes it increasingly challenging for them to deal with Moscow. Switzerland has for decades been home to middlemen helping to match Russian producers with buyers all over the world. Now, a ratcheting up of sanctions is prompting a migration to the … Read more

Biden: US would intervene with military to defend Taiwan

Biden: US would intervene with military to defend Taiwan

TOKYO (AP) — President Joe Biden said Monday that the US would intervene militarily if China were to invade Taiwan, saying the burden to protect Taiwan is “even stronger’ after Russia’s invasion of Ukraine. It was one of the most forceful presidential statements in support of self-governing in decades. Biden, at a news conference in … Read more

Russian sentenced to life in Ukraine’s 1st war crimes trial

Russian sentenced to life in Ukraine's 1st war crimes trial

KYIV, Ukraine (AP) — A Ukrainian court sentenced a 21-year-old Russian soldier to life in prison Monday for killing a Ukrainian civilian, sealing the first guilty conviction for war crimes since Moscow’s invasion three months ago. Sgt. Vadim Shishimarin pleaded guilty to shooting a Ukrainian civilian in the head in a village in the northeastern … Read more

Russia-Ukraine live news: Kyiv rules out concession to Moscow | Russia-Ukraine war News

Russia-Ukraine live news: Kyiv rules out concession to Moscow |  Russia-Ukraine war News

blinking-dotLive updateslive updates, Kyiv rules out ceasefire or territorial concessions as Moscow hits military targets in Ukraine’s east and south. Ukraine rules out a ceasefire or any territorial concessions to Moscow as Russia steps up its attack in the country’s east and south. Kyiv extends the period of martial law and general mobilization in the … Read more

Russia presses Donbas offensive as Polish leader visits Kyiv

Russia presses Donbas offensive as Polish leader visits Kyiv

POKROVSK, Ukraine (AP) — Russia pressed its offensive in Ukraine’s eastern Donbas region on Sunday as Ukrainian President Volodymyr Zelenskyy said the outcome of the grueling conflict would determine whether his country’s fate lies with the West or under Moscow’s domination. After declaring its full control of a sprawling seaside steel plant that was the … Read more

Belarusians join war seeking to free Ukraine and themselves

Belarusians join war seeking to free Ukraine and themselves

WARSAW, Poland (AP) — One is a restaurateur who fled Belarus when he learned he was about to be arrested for criticizing President Alexander Lukashenko. Another was given the choice of either denouncing fellow opposition activists or being jailed. And one is certain his brother was killed by the country’s security forces. What united them … Read more

Russia cuts off gas exports to Finland in symbolic move

Russia cuts off gas exports to Finland in symbolic move

HELSINKI (AP) — Russia halted gas exports to neighboring Finland on Saturday, a highly symbolic move that came just days after the Nordic country announced it wanted to join NATO and marked a likely end to Finland’s nearly 50 years of importing natural gas from Russia. The measure taken by the Russian energy giant Gazprom … Read more

Stock market claws back from edge of first bear market since 2020

Stock market claws back from edge of first bear market since 2020

NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which sits at the heart of most workers’ 401(k) accounts, was down as much as 2.3% … Read more

Russia claims to have taken full control of Mariupol

Russia claims to have taken full control of Mariupol

POKROVSK, Ukraine (AP) — Russia claimed to have captured Mariupol on Friday in what would be its biggest victory yet in its war with Ukraine, after a nearly three-month siege that reduced much of the strategic port city to a smoking ruin, with over 20,000 civilians feared dead. Russian Defense Minister Sergei Shoigu reported to … Read more