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Russian oil boycott – EU vows Putin must pay

Published

3 years ago

May 5, 2022

Brittany Coles

The EU vows Putin must pay a heavy price as it proposes to ban all Russian Oil by the end of 2022

But the measures risk a veto from at least two EU nations heavily reliant on Russian oil.

European Commission President Ursula von der Leyen says the package was aimed at maximising pressure on Russia while minimising damage to Europe.

The EU has been focusing for weeks on how to wean itself off Russian oil and gas.

“We will make sure that we phase out Russian oil in an orderly fashion,” the Commission president said.

The package first has to be approved by EU ambassadors and is set to be signed off in the next few days.

“They exactly know that what they are proposing is against Hungarian interests… and if we do that we are completely going to ruin the Hungarian economy,” Hungarian government spokesman Zoltan Kovacs on why his country would veto it in its current form.

Slovakia as well as Hungary currently relies on Russian oil and under the initial proposal would be given until the end of 2023 to find alternative suppliers.

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Israel and Hamas agree to landmark hostage deal

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

Published

21 hours ago

October 10, 2025

ticker NEWS

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

In a major diplomatic breakthrough, Israel and Hamas have agreed to release all remaining Israeli hostages under a U.S.-brokered framework. The deal pairs prisoner exchanges with an Israeli troop pullback and expanded aid access, marking a potential turning point in the two-year Gaza conflict.

The agreement, set for approval by Israel’s cabinet, could pave the way for lasting peace if both sides uphold the terms. It follows weeks of negotiations led by U.S. envoys and regional mediators in Egypt, Qatar, and Türkiye.

As international agencies prepare to facilitate aid and logistics, the world watches to see whether this fragile deal can hold and bring relief to millions affected by the war.

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Google leads Australia media tax rankings

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Published

2 days ago

October 9, 2025

ticker NEWS

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Google is currently on the of top of Australian media tax payments, while Netflix, Dentsu, and Singtel pay nothing, sparking a fresh debate over fairness and corporate responsibility in the industry.

#TaxTransparency #Google #Netflix #CorporateResponsibility #AustraliaBusiness