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The Latest Breaking News from Russia

Truist Sees Amcor Approaching 'Fair Valuation' - Read Why

Truist analyst Michael Roxland initiated coverage of Amcor PLC (NYSE:AMCR) with a Hold rating and $12 price target, implying a 6% upside. Roxland noted the shares of the packaging company are approaching fair valuation. Roxland noted with caution that the company is exploring options for its Russian business after the country’s Ukraine invasion forced it…

Benzinga

U.S., EU strike LNG deal as Europe seeks to cut Russian gas

The United States will work to supply 15 billion cubic metres of liquefied natural gas (LNG) to the European Union this year to help it wean off Russian energy supplies, the transatlantic partners said on Friday.

Reuters

Pope's peace prayer for Ukraine recalls ancient prophesy

Pope Francis is presiding over a special prayer for peace in Ukraine that harks back to a century-old apocalyptic prophesy about peace and Russia

The Independent UK

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US, EU Ink Deal As Europe Explores Options To Cut Russian Gas: Reuters

U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a task force to reduce Europe's reliance on Russian oil.

Benzinga

Goldman Sachs Pauses Relations With Sanctioned Oligarch Linked PE Firm: FT

Goldman Sachs Group (NYSE:GS) and Kirkland & Ellis halted new business with Pamplona Capital Management, the Financial Times reports. Sanctioned oligarch Mikhail Fridman's LetterOne investment group accounted for 80% of the funds of the $9 billion private equity firm. Waystone, a Cayman Islands firm, resigned from every role with Pamplona funds on…

Benzinga

Germany to halve imports of Russian oil by summer

Economy minister lays out measures to boost energy independence for Europe’s economic powerhouse.

Al Jazeera

EU Leaders Dismiss Putin Ruble Payments Threat

President Vladimir Putin’s threat to have “unfriendly” countries pay for Russian natural gas exports only in rubles from now on has got the not-so-friendly treatment from European Union nations. Several EU leaders have come out saying it would be a gross violation of their contracts.

Asharq Al-Awsat

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London-listed miner Petropavlovsk says sanctions prevent it from selling gold

Shares in Russia-focused firm fall after it is caught up in UK sanctions against Gazprombank

The Guardian - UK

Biden and EU agree landmark gas deal to break Kremlin’s hold

US increasing exports of seaborne liquefied natural gas to cut Europe’s dependence on Russia and starve war machine

The Guardian - UK

The World Is Fragmenting, Making Us More Poor and Isolated

The sanctions that punish Russia are shattering the global economy.

Reason

Russia-Ukraine Crisis Could Further Jeopardize Ongoing Semiconductor Chip Crisis: CNBC

Russia’s war in Ukraine could hamper the production of neon, a critical gas in advanced semiconductor manufacturing, further aggravating the semiconductor chip crisis, CNBC reports. Neon is fundamental for the lasers in a chip production process known as lithography, very vital for Samsung Electronics Co Ltd (OTC:SSNLF), Intel Corp (NASDAQ:INTC), and Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM).…

Benzinga

Thai growth rate to take big hit from Russia-Ukraine war

Kasikorn Research Center (K-Research) has slashed its forecast for Thai economic growth this year to 2.5%, mainly as a result of the Russia-Ukraine war.

Bangkok Post

Biden and EU announce energy deal to get more gas to Europe

Leaders announced a task force focused on helping to cut the EU's heavy reliance on Russian fossil fuels.

Axios

War in Ukraine: 'Some independent information is still reaching Russian citizens'

Kyiv is calling on the West to widen sanctions on Russian television personalities, accusing them of espousing propaganda. Within Russian borders, the Kremlin is maintaining tight control over the airwaves, with media outlets pushing the narrative that the war in Ukraine is not only legitimate, but also a military success.…

France 24

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Daily Mirror

London Stands With Ukraine march and vigil amid Russia war - time, date and where to meet

London's solidarity march for Ukraine will kick off on Saturday 26 March from Park Lane, ending in Trafalgar Square for a vigil to mark the first month of Russia's brutal war

Asharq Al-Awsat

Putin’s War in Ukraine Nearing Possibly More Dangerous Phase

President Vladimir Putin's war in Ukraine is approaching a new, potentially more dangerous phase after a month of fighting has left Russian forces stalled by an outnumbered foe. He is left with stark choices — how and where to replenish his spent ground forces, whether to attack the flow of…

The Independent UK

Russia Ukraine War Advisory

Officials in Mariupol say last week's Russian airstrike on a theatre used as a bomb shelter killed 300 people. President Biden, meanwhile, heads to Poland to meet with U.S. troops and some of millions of Ukrainian refugees that fled the war.

Radio France Internationale

France urges food security crisis plan to avoid famine stoked by Ukraine war

French President Emmanuel Macron has called for an urgent international food security plan to avert "famine" in vulnerable countries, notably in Africa, after the Russian war in Ukraine saw a sharp drop in cereal exports.

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Asharq Al-Awsat

Moscow Accused of Forcibly Removing Civilians to Russia

Ukraine accused Moscow of forcibly removing hundreds of thousands of civilians from shattered Ukrainian cities to Russia to pressure Kyiv to give up, while President Volodymyr Zelenskyy urged his country to keep up its military defense and not stop “even for a minute.” Lyudmyla Denisova, Ukraine’s ombudsperson, said 402,000 people,…

The Independent UK

Nato ‘working on’ providing anti-ship missiles to Ukraine, US says

It comes amid concerns that Russia will launch amphibious assaults along the Black Sea coast

The Independent UK

Ukraine war threatens a global wheat crisis and could put food out of reach for world’s poorest

Soaring grain prices could prove calamitous for countries where many already go hungry, finds Liam James

France 24

‘At first people yelled … now they interact more’: #CallRussia fights Kremlin propaganda

When Vladimir Putin’s government started blacking out news of its war in Ukraine, a group of Lithuanian friends quickly moved to download as many Russian phone numbers as they could. The idea was simple: to break through the Kremlin’s propaganda machine by calling Russians, one by one, to tell them…

Asharq Al-Awsat

Moscow Reassures Cairo on Completion of El-Dabaa Nuclear Plant

Moscow is seeking to reassure Cairo about the completion of the project to build the first Egyptian nuclear plant. Egyptian Foreign Minister Sameh Shoukry, meanwhile, stressed the need to exert efforts and address all means leading to a calm and peaceful solution to the conflict in Ukraine. Shoukry told his…

Evening Standard

UN: Russia is abducting Ukrainian civilians

Ukrainian refugees arriving at the border crossing at Medyka, Poland

Evening Standard

Snake Island sailors freed as Ukraine and Russia conduct prisoner swap

It is not clear if soldiers who told a Russian warship to ‘go f**k yourself’ are included in the swap

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