For more than four months, U.S. envoys had been sending increasingly loud warnings to Austria’s Raiffeisen Bank International to scrap a deal they said had ties to one of Russia’s most powerful oligarchs. In May, Washington’s patience ran out. In a written ultimatum received by the bank, its regulator the European Central Bank and the … Read more
Russia has jammed the GPS on hundreds of RAF flights flying through Eastern Europe this year, with Grant Shapps’ flight on its way back from Poland in March. An in-depth analysis has revealed the dangers of such practices for both civilian and military flights and provides insight into the extent of Russian interference in aviation. … Read more
A gigantic explosion that shook part of Russia more than a century ago has never been categorically explained. And yet, some scientists believe this could be the result of a very close encounter with a mysterious form of black hole. The extraordinary explosion occurred just after 7 a.m. on June 30, 1980, over the Podkamennaya … Read more
The International Energy Agency forecast this month that global oil capacity could exceed demand by 2030, leading to a bearish trend for oil prices. OPEC has not specified a timeline for production increases, but has said its actions will depend on market conditions. Oil prices, which are influenced by many factors other than supply and … Read more
Russia is scouring China for second-hand machine tools using shadowy buyer networks, as the Kremlin races to acquire crucial equipment to boost weapons production. Moscow’s covert strategy for acquiring precision machinery, uncovered by investigators, seeks to circumvent increasingly restrictive Western sanctions and export controls aimed at hampering production for the military. The operations, which run … Read more
Stay informed with free updates Simply log in to the EU energy myFT Digest – delivered straight to your inbox. European gas imports from Russia surpassed deliveries from the US in May for the first time in almost two years, despite the region’s efforts to wean itself off Russian fossil fuels since the massive invasion … Read more
HELSINKI – European-Chinese cooperation in lunar exploration could end despite successful cooperation in the ongoing Chang’e-6 mission. ESA delivered a payload for China’s Chang’e-6 complex sample return mission to the far side of the moon, which launched on May 3. The mission aims to collect and return samples from the far side of the moon, … Read more
Stay informed with free updates Simply log in to the Foreign currency myFT Digest – delivered straight to your inbox. The euro’s share of global foreign exchange fell last year on concerns that plans to use frozen Russian assets to finance Ukraine could further erode the appeal of Europe’s single currency. Other countries cut the … Read more
By Matthew Phelan Senior science reporter for Dailymail.Com Published: 9:17 PM EDT, June 6, 2024 | Updated: 9:17 PM EDT, June 6, 2024 A 200 hectare wide and almost 90 meter deep pit in Siberia’s Yana highlands known as the ‘Batagaika crater’ is expanding faster than expected due to climate change. The Batagaika Crater, also … Read more