Month: April 2022

New Gas Pipeline Boosts Europe’s Bid to Ease Russian Supply

Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it’s where the European Union is redrawing the region’s energy map to ease its heavy reliance on Russian natural gas. A new pipeline — built during the COVID-19 pandemic, tested and due to start commercial operation in June — would ensure that large volumes of gas flow between the two countries in both directions to generate electricity, fuel industry and heat homes. The energy link takes on greater importance following Moscow’s decision this week to cut off natural gas supplies to Poland and Bulgaria …

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Bloomberg Reporters in Turkey Acquitted Over 2018 Currency Crisis Article

A Turkish court on Friday acquitted 33 people, including two Bloomberg reporters and other journalists from local media, of spreading false information about the economy in an article and tweets at the height of a currency crisis in 2018. The case followed a criminal complaint filed in August 2018 by the BDDK banking watchdog over an article by Bloomberg about the effects of a sharp decline in the lira and how authorities and banks were responding. Fercan Yalinkilic and Kerim Karakaya were on trial over the article, while other defendants in the case, including journalists Sedef Kabas and Merdan Yanardag, …

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US: No Sign Russia-Ukraine Negotiations Will Bear Fruit

The United States has not seen many signs that Russia-Ukraine negotiations are “proving fruitful” as Moscow’s war on the country enters its third month, said a senior State Department official. “The Russians don’t seem to be willing to negotiate in a particularly meaningful way,” State Department Counselor Derek Chollet told VOA in an interview Thursday. U.N. Secretary-General Antonio Guterres arrived in Ukraine on Thursday after a stop Tuesday in Moscow, where he met for nearly two hours with President Vladimir Putin. Chollet said that U.S. Secretary of State Antony Blinken spoke to Guterres before his trip to Moscow and Kyiv, …

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US Seeks Authority to Give Seized Russian Assets to Ukraine

The Biden administration is asking Congress for additional legal authority to make it easier for the U.S. government to seize Russian government and oligarch assets and transfer the proceeds to Ukraine. The White House released the package of legislative changes Thursday as President Joe Biden asked Congress for $33 billion in additional aid for Ukraine as it seeks to fend off a devastating Russian invasion, now in its third month. If enacted, the proposed measures would “establish new authorities for the forfeiture of property linked to Russian kleptocracy, allow the government to link the proceeds to support Ukraine, and further …

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US, EU Warn Against Giving In to Russian ‘Gas Blackmail’

The United States and the European Union have warned against giving in to what they called Russian “blackmail” over gas supplies to Europe. Russia, which supplies about 40% of Europe’s gas needs, had demanded that what it called “unfriendly” European countries pay their gas bills in rubles — seen as a way to prop up the currency in the face of Western sanctions on Russian banks, including its central bank. Some EU states have set up Russian bank accounts to try to work around the sanctions. President Joe Biden said Thursday that the U.S. was helping its European allies to …

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Scholz Says Germany Seeks Closer Ties With Indo-Pacific

German Chancellor Olaf Scholz said in Tokyo on Thursday that his country wanted to strengthen ties with countries in the Indo-Pacific region that have the same values, and to work together to end Russia’s aggression in Ukraine.  “My trip is a clear political signal that Germany and the European Union will continue and intensify their engagement with the Indo-Pacific region,” Scholz said after meeting Prime Minister Fumio Kishida.  Kishida said he and Scholz agreed that as members of the Group of Seven industrialized nations they share a responsibility to work together to end Russian aggression and restore peace, stability and …

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Greece Blocks Turkey From NATO Air Drill 

It was billed as a promising breakthrough — Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan meeting last month and agreeing to try to resolve their countries’ age-old differences, keeping, at least, a lid on tensions as the conflict in Ukraine rages. But on Thursday, as armed Turkish jets streamed into Greek airspace, conducting more than 125 unauthorized flights within 24 hours, Athens retaliated. Greece revoked Turkey’s planned participation in a May 9, Greece-hosted NATO air drill known as “Tiger Meet,” saying Turkey was “neither an ally, nor a friend.” Greece also suspended confidence-building negotiations due to …

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