India and China are ancient civilizations that cannot be swayed by threats, according to Russian Foreign Minister Sergei Lavrov, who believes that pressure from the US will only cause both countries to seek alternatives, as per an PTI report. According to Lavrov, the US is also beginning to understand the “futility” of using ultimatums while…
Group of Seven nations’ finance ministers discussed in a call on Friday further sanctions on Russia and possible tariffs on countries that they consider “enabling” its war in Ukraine, as the U.S. called on its allies to impose tariffs on purchasers of Russian oil. Canadian Finance Minister Francois-Philippe Champagne chaired the G7 meeting, which was…
US Treasury Secretary Scott Bessent on Tuesday warned that Washington is willing to take firm action on Russia over its war on Ukraine. The Donald Trump aide’s comments come after talks with the EU sanctions envoy Monday. Over Monday and Tuesday, US officials and their European Union are holding meetings to step up the sanctions…
By Laurie Chen and Lidia Kelly TIANJIN (Reuters) -Russian President Vladimir Putin, after talking with China’s Xi Jinping and India’s Narendra Modi, said on Monday the issue of NATO’s eastward enlargement would have to be addressed for there to be sustainable peace in Ukraine. Putin ordered tens of thousands of troops to invade Ukraine in…
United States President Donald Trump indicated on Wednesday that like India, China could also face additional tariffs for doing business with Russia. Donald Trump’s remarks came hours after he signed an executive order on Wednesday, imposing additional 25 per cent tariffs on all Indian goods, taking the total tariffs on India to 50%. (AP) When…
By Florence Tan SINGAPORE (Reuters) – Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for riskier assets. Brent crude fell 25 cents, or 0.4%, to $70.11 a barrel by 0037 GMT…
By Aleksandar Vasovic BELGRADE (Reuters) -Serbia is in last minute talks with the United States and Russia ahead of a Thursday deadline to avoid U.S. sanctions on oil company NIS that could result in crude supply cuts, Energy Minister Dubravka Djedovic Handanovic said on Wednesday. Russia’s Gazprom Neft and Gazprom hold stakes of 50% and…