Companies that exited Russia after its invasion of Ukraine are being rewarded with outsize stock-market returns — and those that stayed are not

The almost 1,000 companies that have opted to pull out of Russia following its unprovoked invasion of Ukraine are not just benefiting from a reputational boost. They are also being rewarded by financial markets, while those who remain behind are being punished. “We find that equity markets are actually rewarding companies for leaving Russia while … Read more

OPEC+ raises output faster as Russia’s war rolls global energy markets

All eyes are on whether Saudi Arabia will raise crude production if Russia’s output significantly falls following European Union oil sanctions. Andrey Rudakov | Bloomberg | Getty Images OPEC and its oil-producing allies agreed on Thursday to hike output in July and August by a larger-than-expected amount as Russia’s invasion of Ukraine wreaks havoc on … Read more

Russia Goes After Ben Grant, British MP’s Son, for Killing of Chechen Commander in Ukraine

Russia’s National Guard has confirmed that a Chechen commander was killed in a bloody firefight with foreign volunteers in Ukraine—and they singled out the son of a British lawmaker as one of those responsible. Ben Grant, a 30-year-old former Royal Marine and the son of Helen Grant, a Conservative MP and Prime Minister Boris Johnson’s … Read more

What’s wrong with Vladimir Putin? – POLITICS

Press play to listen to this article Never believe anything in politics until it’s officially denied. And even then, when it comes to Vladimir Putin’s health, you can still be forgiven for being at a loss about what to believe, given the bewildering frenzy of speculation over whether something is wrong with the Russian president. … Read more

Moscow Descends Into Fury Over US HIMARS Rocket Delivery to Ukraine

President Joe Biden’s latest plan to send advanced rocket launch systems to Ukraine to help defend against Russian advances is already sending Moscow into a rage. Ukrainian officials have been pleading for months for the US to send the High Mobility Artillery Rocket System (HIMARS), which will allow them to better target Russian forces from … Read more

Denmark votes to scrap EU defense opt-out – POLITICO

COPENHAGEN — Denmark voted overwhelmingly to scrap its opt-out from EU security and defense policy in a referendum triggered by Russia’s war in Ukraine. Around 69 percent voted in favor of the move while 31 percent were opposed, according to an exit poll published by public broadcaster DR after voting closed on Wednesday evening. Another … Read more

Croatia on track to adopt the euro – POLITICO

Croatia is on course to adopt the single currency starting in 2023 after fulfilling a number of set criteria, the European Commission and the European Central Bank announced Wednesday. “Today marks a historic milestone on Croatia’s European journey, reflecting the determined efforts the Croatian authorities have made to meet the criteria for entry into the … Read more

Supreme Court blocks Texas social media law opposed by tech industry

A person walks down the sidewalk near the US Supreme Court building in Washington, DC, February 16, 2022. Jon Cherry | Reuters The Supreme Court on Tuesday blocked a controversial Texas social media law from taking effect, after the tech industry and other opponents warned it could allow for hateful content to run rampant online. … Read more

The Turkish gambit and the future of NATO – POLITICO

Ville Korpela is executive director at the Impact Innovation Institute. Diana Mjeshtri is a policy analyst at Impact Innovation Institute. Both are members of the Councilors Program at the Atlantic Council. We currently live in a fundamentally different and much more dangerous world than we did prior to February 24. Ever since the beginning of … Read more

Russia halts gas supply to the Netherlands – POLITICO

Russia’s Gazprom on Tuesday morning confirmed it was “completely suspend[ing] gas supplies” to Dutch company GasTerra “due to failure to pay in rubles.” The Russian export monopoly said that’s because the Dutch company failed to abide by the Kremlin’s new demand that gas payments from “unfriendly” countries — covering all the EU — be made … Read more