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Russia-Ukraine crisis

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French carmaker Renault to sell Russian operations to Moscow

  • Russia will take control of French car manufacturer Renault's operations in the country and resurrect a Soviet-era auto brand, officials said Monday, marking the first major nationalization of a foreign business since the war in Ukraine began. Renault said it would sell its majority stake in Avtovaz, a Russian car company best known for its Lada brand, to a state-run research institute known as NAMI. Renault's other Russia operations, primarily a factory in Moscow, will be sold to the Moscow city government.

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U.S. may ratify Finland NATO membership by August

STORY: Speaking to media after meeting with Finland's President Sauli Niinisto, McConnell said there was "strong bipartisan support" among U.S. lawmakers for Finnish membership. He added that the addition of Finland would strengthen the alliance. President Niinisto confirmed on Sunday (May 15) that Finland would apply for NATO membership, in a historic policy shift prompted by Russia's invasion of Ukraine.
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  • The Telegraph

    Vladimir Putin’s war slams the brakes on EU recovery

    Vladimir Putin’s war will slam the brakes on Europe’s recovery as surging energy prices risk causing the economy to grind to a halt, the EU has warned in a gloomy set of forecasts.

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  • The Telegraph

    Russia says it's willing to evacuate wounded Ukrainian troops from Mariupol steelworks

    The Russian military said on Monday it has agreed to extract wounded Ukrainian troops trapped in Mariupol’s sprawling steel works to safety as wives of the soldiers came to Turkey to plead for an urgent evacuation.

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  • The Independent

    Daniil Medvedev holding out hope ‘unfair’ Wimbledon ban is overturned

    The organisers of Wimbledon announced a ban of Russian and Belarusian players from competing last month

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  • Associated Press

    French carmaker Renault to sell Russian operations to Moscow

    Russia will take control of French car manufacturer Renault's operations in the country and resurrect a Soviet-era auto brand, officials said Monday, marking the first major nationalization of a foreign business since the war in Ukraine began. Renault said it would sell its majority stake in Avtovaz, a Russian car company best known for its Lada brand, to a state-run research institute known as NAMI. Renault's other Russia operations, primarily a factory in Moscow, will be sold to the Moscow c

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  • Yahoo News

    'Grave mistake': Russia issues warning as Sweden, Finland move toward NATO

    Russia has reiterated its warning to Finland and Sweden over joining NATO after the Nordic neighboring countries confirmed their intentions to submit a membership to the military alliance.

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  • Associated Press

    EXPLAINER: Next steps for Finland, Sweden on NATO membership

    Finland and Sweden have signaled their intention to join NATO over Russia’s war in Ukraine and things will move fast once they formally apply for membership in the world’s biggest security alliance. Russian President Vladimir Putin has already made clear that there would be consequences if the two Nordic countries join. Finland and Sweden are NATO’s closest partners.

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  • The Independent

    Vladimir Putin is ‘quite seriously ill’, says former spy who wrote Trump Russia dossier

    ‘It’s not clear exactly what this illness is — whether it’s incurable or terminal, or whatever’

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  • The Telegraph

    McDonald's to quit Russia after 32 years over Ukraine war

    McDonald’s is pulling out of Russia after more than 30 years of selling milkshakes and hamburgers in the country, taking a $1.4bn (£1.1bn) hit from the decision.

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  • The Independent

    What is Russia’s Satan-2 intercontinental nuclear missile?

    Moscow’s defence committee deputy chairman issues latest threat against West

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  • Associated Press

    EU cuts forecast for economic growth as war's fallout widens

    The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war in Ukraine and disruptions to energy supplies. The EU’s gross domestic product will expand 2.7% this year and 2.3% in 2023, the bloc’s executive arm said Monday — its first economic predictions since Russia invaded Ukraine on Feb. 24. The European Commission’s previous outlook expected growth of 4% this year and 2.8% in 2023.

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