Europe’s largest energy company, Shell, announced plans to donate the profits from its latest purchase of Russian crude oil to a fund that helps Ukrainian refugees. The decision followed sharp criticism from Ukraine’s foreign minister Dmytro Kuleba over the move, however, it did not violate any Western sanctions.
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Kremlin spokesman says Russia wants Ukraine’s neutrality, recognition of Crimea, and independence for Donbass republics Kremlin Spokesman Dmitry Peskov told Reuters on Tuesday that Russia’s military offensive against Ukraine will stop “in a moment” if Kiev meets several key conditions. Russia wants Ukraine to enshrine neutrality in its constitution, acknowledge Crimea as Russian, and recognize…
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Major chip producers that join sanctions likely to face crucial parts shortage themselves The ban on technology exports to Russia, in response to the war in Ukraine, could backfire on global manufacturers of computer processors and semiconductors, as many crucial components for their production are made exclusively in Russia, an industry expert has warned.
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