His comments confirm previous statements by his predecessor, Dmitry Rogozin. Yuri Borisov, who took over Roscosmos earlier this month, told President Vladimir Putin in a televised meeting that Russia will fulfill its obligations to its other partners in the orbital station before it leaves. Russia will quit the International Space Station after 2024, the newly-appointed head of the country’s space program said. Russia to Pull Out of Space Station After 2024 (2:30 p.m.)
Kremlin spokesman Dmitry Peskov Monday suggested that the problems at Nord Stream are linked to Europe’s imposition of sanctions over the war, warning Monday that while Russia is at the moment “not interested” in cutting off the gas this winter, “the situation may change.” Russia denies politicizing its fuel exports. They expect the Kremlin and Gazprom, the state-run gas giant, to continue to find reasons to keep flows limited, preventing European customers from building up the supplies they need to meet demand in the winter. The Kremlin is using disruptions to Nord Stream, its main remaining pipeline supplying Europe, to raise the political heat on EU leaders to reconsider their support for Kyiv, people familiar with the leadership’s thinking said, speaking on condition of anonymity to discuss internal deliberations. Kremlin Said to Plan to Keep Up Gas Squeeze on Europe (3:15 p.m.) Prior to Russia’s invasion, Privatbank’s nationalization was a condition for Ukraine to continue to receive foreign aid, including from the International Monetary Fund, and was seen as a crucial step in the government’s fight against the country’s most influential tycoons. Other cases are pending in domestic courts, with some due to be ruled upon this week.
It is one of a string of lawsuits filed by the lender’s former controlling shareholders, Igor Kolomoisky and Gennady Bogolyubov, seeking to reverse the government takeover after Ukraine seized the bank amid insolvency risks. The decision is final and can’t be contested in other courts, Privatbank’s press-office said Tuesday. Ukraine’s Supreme Court rejected an appeal by the former owners of Ukraine’s largest bank to overturn its 2016 nationalization amid allegations of fraud. Ukraine’s Top Court Upholds Privatbank’s Nationalization (4:25 p.m.) The statement also sought to tamp down reports that the military was stretched thin due to the war in Ukraine, claiming that no planned training exercises have been canceled. “Several foreign media outlets are spreading false information about alleged an mobilization,” the ministry said, without identifying the sources. 5, the Defense Ministry said in a statement that also denied plans for a general mobilization. Russia plans to hold war games in the country’s eastern military district that will include troops from other countries on Aug. “It is acknowledged that certain Events of Default have or will occur as a result of the Resolution and the resulting failure to pay,” the company said in a statement, referring to the Kyiv government’s decree on Friday. Without the consent of bondholders for a moratorium, or permission from the government for Naftogaz to make the payment, the missed transfer could trigger a cross default event on at least $1.4 billion of its foreign notes. Ukraine’s state-owned energy company said it’s on track to default on its foreign bonds after the government issued a decree last week compelling it to pursue a debt moratorium that creditors have so far rejected.Ī grace period for NJSC Naftogaz Ukrainy to redeem $335 million of international bonds is due to expire on Tuesday. Ukraine’s Naftogaz Says a Default Is Inevitable (8:56 p.m.) In the Donetsk region, Russian troops are attempting to bolster their positions ahead of a possible assault on the cities of Siversk and Soledar, Ukraine’s General Staff said in a statement.
Kremlin forces shelled Ukraine’s second-largest city of Kharkiv overnight, local authorities said on Telegram. Russian missiles struck the Odesa region and the city of Mykolayiv, she said.
With the war now into a sixth month, a Ukrainian offensive is underway in the south, according to Nalaliya Humenuik, a spokesperson for the military’s southern front. Germany’s Uniper Getting Less Russian Gas After Gazprom Cuts Ukraine Debt Relief Plans May Cause Payout on $2.4 Billion Swaps Gas Extends Surge in Europe as New Russian Cuts Deal Fresh Blow Kremlin to Keep Up Its Gas Squeeze on Europe, Insiders SayĮU Nations Back 15% Gas-Cut Target as Russia Set to Reduce Flowsįirst Hurdle for Ukraine Grain Deal Is Clearing Stuck Ships (See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.) EU energy ministers in Brussels agreed on a voluntary reduction in gas consumption by 15% through next winter to prepare for any further disruption in supplies from Russia.