Thursday, July 7, 2022
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China not providing material support to Russia, admits US officials

The US has not seen China evade sanctions or provide military equipment to Russia, a senior US official said, adding that enforcement measures taken...

NATO invites Finland, Sweden to join, says Russia is a ‘direct threat’

NATO invited Sweden and Finland to join the military alliance in one of the biggest shifts in European security in decades after Russia's invasion...

Analysts see ‘stratospheric’ $380 oil on worst-case Russian cut

Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase...

Blasts kill three in Russian city near Ukraine border

At least three people were killed and dozens of homes damaged in the Russian city of Belgorod near the Ukraine border, the regional governor...

Russia kills 19 with missiles near Ukraine’s Odesa

Russia rained missiles near Ukraine’s Black Sea port of Odesa on Friday, hitting an apartment building and a resort and killing at least 19...

Banks refuse to open LCs for Russian crude import

All Pakistani commercial banks have refused to open letters of credit (LCs) for Russian-origin crude oil in the light of economic sanctions by the...

Pakistan mulls importing fuel oil from Russia

The Pakistan government is considering importing fuel oil from Russia at a low rate, it is learnt on Wednesday. The Ministry of Energy has reportedly...

Pakistan firms among 36 companies blacklisted by US for supporting Russia

US President Joe Biden's administration added five companies in China to a trade blacklist on Tuesday for allegedly supporting Russia's military and defense industrial...

Russia defaults on foreign debt for time since 1918

Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment...

US provides Ukraine rocket systems, arms worth $450 million: White House

The United States is sending a new batch of military assistance to Ukraine, the White House said Thursday, with the $450 million shipment including...

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