The EU ban on Russian oil is expected to further inflate oil prices, increasing Moscow’s oil revenues The ban on imports of Russian crude proposed by the EU authorities will only raise Moscow’s oil revenues, according to Norbert Rucker, head of economics and next-generation research at Swiss wealth manager Julius Baer.
Aggressive sanctions against Russia are sending financial shockwaves through Germany Germany will be battered with a wave of bankruptcies due to Ukraine-related sanctions against Russia, according to Commerzbank Chief Executive Officer Manfred Knof.
Sinn Fein’s leader in Northern Ireland, Michelle O’Neill, has called for an “honest debate” on Irish reunification, after her party emerged from elections the largest party in Northern Ireland, a first in the history of the British-ruled territory. However, consensus is required, and may be difficult to obtain.