German defense minister uses old imperial name for Russian city

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UK to become only G20 member without steel production

Thousands of jobs will be axed at the country’s biggest steelworks as part of a major green restructuring Steel producer Tata Steel plans to close blast furnaces at its Port Talbot plant in South Wales and lay off nearly 3,000 workers, according to media reports. The move, which is part of a major restructuring of…

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Amount of frozen Russian assets revealed

A multinational task force has frozen $30 billion in funds belonging to sanctioned Russian individuals and $300 billion in Russian Central Bank assets, the US Treasury Department announced on Wednesday.

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