• Zelensky advised Biden against placing sanctions on Abramovich

    Ukrainian President Volodymyr Zelensky reportedly advised US President Joe Biden to hold off on placing sanctions on Russian oligarch Roman Abramovich, the Wall Street Journal reported. Zelensky feels Abramovich may serve as an intermediary with Moscow to help negotiate peace, according to the newspaper’s sources with knowledge of a recent call between Zelensky and Biden.

    The White House declined to comment on reports that Zelensky advised Biden against sanctioning Abramovich. “We are not …

  • Poland expels 45 Russian diplomats

    Russian Ambassador to Poland Sergei Andreyev received a note from the Polish Foreign Ministry declaring that 45 Russian diplomats are to be expelled for engaging in intelligence activities, Russia’s TASS news agency reported.

    "I have received a note from the Foreign Ministry about the expulsion of 45 of our employees - embassy, trade mission - for activities that are not in accordance with the Vienna Convention," Andreyev told reporters.

    The Russian Ambassador himself was not on the list. “I …

  • Lavrov: Peacekeepers in Ukraine would lead to direct clash between Russia and NATO

    Russian Foreign Minister Sergei Lavrov responded to Poland’s call for the presence of peacekeepers in Ukraine by stating that such a move would lead to a direct clash between Russian and NATO troops, Evropeyskaya Pravda reported.

    Speaking to students at the Moscow State Institute of International Relations, of which Lavrov is an alumnus, the Russian Foreign Minister explained, "Our Polish colleagues have already stated that now there will be a NATO summit, it is necessary to send peacekeepers [ …

  • Russian oligarch’s steel company set to default on its debt Wednesday

    Russian steel producer Severstal PAO is set to default on Wednesday, the Wall Street Journal reported.

    The company owed a coupon payment for 2024 loan participation notes on March 16th with a five-day grace period, which expires Wednesday. A “test” payment sent last week for its dollar bond has yet to be processed by Citibank. The test payment has been transferred to the bank’s US accounts but has not been paid to the bondholders. A total of $12.6 million is owed.

    A person close to the matter …

  • UN Secretary General calls for an end to Russia’s ‘absurd war’

    UN Secretary General Antonio Guterres has called for an end to the “absurd war” Russia has launched against Ukraine, Radio Free Europe reported.

    "One month ago, the Russian Federation launched a massive invasion of the sovereign territory of Ukraine in violation of the UN Charter,” Guterres remarked. “It was done after months of building up a military force of overwhelming proportion along the Ukrainian border… This war is unwinnable. Sooner or later, it will have to move from the battlefield …