Ukraine News Updated Daily
Russia turns off gas supplies to Poland and Bulgaria as the first step to show its intent require payment in rubles for sales of natural gas to “unfriendly” countries. The contracts for these natural gas sales called for payment in US dollars or Euros, depending on the individual contract, and requiring payment in rubles is…
What the Ukraine War Cost Russia is everything that Putin has been building up over the past 22 years, apparently with the primary goal of getting control over the Eastern Ukraine. Russian Economy Will Go Into Recession The cost of the war and the impact of the resulting boycott and economic sanctions against Russia will…
Germany Cutting Russian Energy Imports of Oil, Natural Gas, and Coal – As part of sanctions against Russia, German Vice Chancellor Robert Habeck revealed that imports of fuel from Russia are being cut at an accelerated rate: Germany Cutting Russian Energy Imports will be a major financial and political setback for Russia Coal imports from…