EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

No, Biden can’t just sell off seized Russian yachts and central bank assets to help aid Ukraine – international law and the US Constitution forbid it

The Biden administration wants to sell off the yachts, homes and other luxury assets it has seized from Russian oligarchs and use those proceeds to support repairs for Ukraine. As part of his proposal for the latest aid package to Ukraine, President Joe Biden is asking lawmakers for the authority to formally confiscate the assets … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more

Are you still doing business in Russia? Good luck renewing your insurance.

The port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More … than 750 western companies have left Russia since it invaded Ukraine. Some had no choice because their areas fall under Western sanctions. Others left voluntarily and were hailed for standing up for democracy. Their departure may have another, less noble reason: Russia … Read more

Madison Cawthorn doesn’t seem to think the law applies to him

OPINION AND COMMENTARY Editorials and other Opinion content offer perspectives on issues important to our community and are independent from the work of our newsroom reporters. US Rep Madison Cawthorn cheers during a rally with former President Donald Trump in Selma, North Carolina on April 9, 2022. Travis Long tlong@newsobserver.com Madison Cawthorn Regarding “Rep. Madison … Read more

Microsoft, Boeing, Alphabet, Robinhood and more

A worker inspects a Boeing 737 MAX airliner at Renton Airport adjacent to the Boeing Renton factory in Renton, Wash., November 10, 2020. Jason Redmond | AFP | Getty Images Find out which companies are making the headlines early in the morning. Enphase Energy — Shares of the solar microinverter maker jumped more than 8% … Read more