JCB, Burberry and Asos join widening corporate boycott of Russia

Separately, energy giant Exxon Mobil said it would exit Russia oil and gas operations that it has valued at more than $4bn. The decision will see Exxon…

World faces ‘energy starvation’ as oil and gas prices soar even higher

Households across the world are facing “energy starvation”, analysts have warned, as gas prices hit a fresh record and oil surged an 11-year high. Experts warned prices…

The West’s sanctions on Russia are the right thing to do – but they will hurt us too

But shouldn’t we take a moment to consider why so many oligarchs own houses in the UK and made donations to Conservative MPs? And didn’t we invite…

Russia’s financial system teeters on the brink of collapse

Russia’s options in fighting back also face western sanctions. Moscow has built up foreign exchange reserves to more than $630bn, from $356bn in 2015, but Berenberg Bank…

Kremlin holds 36 taxpayer-owned satellites hostage in OneWeb stand-off

In response to Mr Kwarteng’s rejection of Russian demands, he wrote: “OK. I give you two days to think. There will be no guarantees of non-military use…