[Ticker] Germany takes over Rosneft Deutschland

The German government has put the German subsidiary of Russian oil giant Rosneft under trusteeship. Germany will eliminate all oil imports from Russia and to ensure the refinery, one of Germany’s largest, can continue operations in the winter without disruption, the majority owned Russian company has been taken over. “With the trusteeship, the threat to […]

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[Ticker] Putin curries favour with China’s Xi for ‘balanced’ Ukraine stance

Russian president Vladimir Putin thanked Chinese president Xi Jinping for his “balanced position” on the Ukraine “crisis” in Uzbekistan Thursday in what was their first meeting since the war. Putin also backed China’s claim to Taiwan and condemned US “provocations” in support of its independence. The meeting is being closely watched by Western diplomats after […]

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