The energy giant Rosneft’s local subsidiary is currently under a Berlin-appointed trusteeship The nationalization of Rosneft’s assets in Germany would be tantamount to confiscation, a step which would have far-reaching consequences, Kremlin spokesman Dmitry Peskov warned on Thursday.

The West must maintain support for Kiev to prevent Russia from winning, Chancellor Olaf Scholz has said Ukraine’s ability to fight Russia could soon be compromised, despite the flow of Western-made arms and munitions into the country, German Chancellor Olaf Scholz has warned.

Brussels is reportedly conducting an assessment of potential economic damage, should the Republican return to the White House The EU is bracing itself for a possible trade war with the US if Donald Trump wins the presidential election in November, Bloomberg reported on Wednesday, citing an anonymous official within the bloc.