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EXPLAINED: Russian Oil Price Cap Starting Today

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EXPLAINED: Russian Oil Price Cap Starting Today

A price cap on Russian oil comes into force today, Dec. 5, as western nations seek to punish the Kremlin financially for its invasion of Ukraine without upsetting already fragile global economic markets. Inside a Gazprom plant in Omsk, Russia. Photo: AFP The move is a delicate balancing act with many moving parts that has […]

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El Salvador sends 10,000 troops to capital suburb in gang crackdown

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El Salvador sends 10,000 troops to capital suburb in gang crackdown

 The government of El Salvador sent 10,000 soldiers and police to seal off a town on the outskirts of the nation’s capital Saturday to search for gang members. Des soldats salvadoriens sont déployés à Soyapango les d’une importante opération militaire contre les gangs, le 3 décembre 2022. © Marvin Recinos, AFP The operation was one of […]

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Macron blasted for saying Moscow needs ‘security guarantees’ to end the war 

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Macron blasted for saying Moscow needs ‘security guarantees’ to end the war 

French President Emmanuel Macron’s statement on Saturday that the West should consider how to address Russia’s need for security guarantees to end the war in Ukraine has drawn sharp criticism from some quarters, rejecting the option of making concessions to the Kremlin after nearly 10 months of the war. France’s President Emmanuel Macron delivers a […]

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Ukrainian forces repel enemy attacks near 17 settlements in Luhansk, Donetsk regions

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Ukrainian forces repel enemy attacks near 17 settlements in Luhansk, Donetsk regions

Units of the Defense Forces of Ukraine on Saturday repelled enemy attacks near 17 settlements in the Luhansk and Donetsk regions. The General Staff of the Armed Forces of Ukraine said this in a morning report posted on its Facebook page on Sunday, December 4, according to Ukrinform According to the report, Ukrainian forces repelled attacks […]

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Hot Dogs, Coffee Bolster Fight in Eastern Ukraine

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Hot Dogs, Coffee Bolster Fight in Eastern Ukraine

On the roads leading to the front in Ukraine’s war-torn east, every morning begins with a familiar scene — soldiers filling up trucks, sipping steaming coffee and catching up between bites of fresh hot dogs A Ukrainian soldier buys food at a kiosk in Kostyantynivka, eastern Ukraine on December 1, 2022, amid the Russian invasion […]

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Putin Says Strikes on Ukraine Infrastructure ‘Inevitable’

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Putin Says Strikes on Ukraine Infrastructure ‘Inevitable’

President Vladimir Putin said on Friday that Russia’s strikes on Ukrainian infrastructure were “inevitable” as the Kremlin rejected U.S. President Joe Biden’s terms for talks and warned the assault would continue. Valery Sharifulin / TASS / Kremlin After suffering humiliating military defeats during what has become the largest armed conflict in Europe since World War […]

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Ukraine Welcomes Russian Oil Price Cap Agreed by EU, G7

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Ukraine Welcomes Russian Oil Price Cap Agreed by EU, G7

Ukraine on Saturday, Dec, 3, welcomed a $60 price cap on Russian oil agreed by the EU, G7 and Australia, saying it would “destroy” Russia’s economy. The price cap, previously negotiated on a political level between the G7 group of wealthy democracies and the European Union, will come into effect with an EU embargo on […]

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Opec+ may keep production steady after Sunday meeting

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Opec+ may keep production steady after Sunday meeting

The Opec+ alliance of 23 oil-producing countries will most likely hold production steady following its meeting on Sunday, analysts say, as markets brace for the impact of sanctions on Russia’s crude exports.   The group’s last meeting this year comes against the backdrop of falling crude prices as fresh Covid-19 lockdowns and restrictions in China […]

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EU ‘close’ to agreement on $60 barrel price cap for Russian oi

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EU ‘close’ to agreement on $60 barrel price cap for Russian oi

European Union members were edging closer to setting a $60-per-barrel price cap on Russian oil – a highly anticipated and complex political and economic maneuver designed to keep Russia’s supplies flowing into global markets while clamping down on Russian President Vladimir Putin’s ability to continue funding his war in Ukraine. An aerial view shows the […]

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EXPLAINED: How Many Troops has Ukraine Lost in Russia’s Invasion?

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EXPLAINED: How Many Troops has Ukraine Lost in Russia’s Invasion?

One of the biggest mysteries of the current conflict in Ukraine – aside from just what exactly Russian President Vladimir Putin is thinking on any given day – is the number of troops killed or injured in the fighting so far. Ukrainian soldiers carry the coffin of their comrade, Ukraine’s wellknown handball player Yevgen Kolesnichenko, […]

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