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Позначка: Europe

Termination of Russian gas transit one of Moscow’s biggest defeats – Zelensky

“When Putin was presented with the Russian presidency more than 25 years ago, the annual gas transit through Ukraine to Europe totaled more than 130 billion cubic meters. Today, it equals 0. This is one of Moscow’s biggest defeats. As a result of Russia weaponizing energy and resorting to cynical blackmail of partners, Moscow lost one of the most profitable and geographically accessible markets” – Ukrainian President Volodymyr Zelenskyy.

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EBRD and Aon Unveil €110 Million War Risk Insurance Initiative for Ukraine

The European Bank for Reconstruction and Development (EBRD) and Aon, a global insurance and reinsurance broker, announced the launch of a €110 million Ukraine Recovery Guarantee Facility (URGF). This initiative aims to provide reinsurance support to international reinsurers and Ukrainian insurance companies, covering war-related risks in Ukraine.

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Western, Russian nuclear industries still intertwined, report says

Despite sanctions and geopolitical tensions, the nuclear industries of Western countries and Russia remain closely interconnected. This connection persists through the collaboration on nuclear fuel supplies and technology, revealing that many Western nations continue to rely on Russian expertise and resources. Ongoing contracts and business relationships indicate that a complete separation would be challenging and could disrupt energy supplies. Efforts to reduce this dependency are ongoing, but the process is complex due to the specialized nature of the nuclear sector. Read more at Reuters...

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