Oil price surge boosts Nigeria’s foreign reserve by almost $3 billion – Fitch and more
By Guardian Exclusive
15 March 2022 | 6:55 pm
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French actress Isabelle Huppert has appeared in over 120 films and was just awarded a Golden Bear for lifetime achievement at the Berlin International Film Festival. FRANCE 24 film critic Lisa Nesselson speaks to Alison Sargent about Huppert's new film "Les Promesses", an involving and entertaining look at contemporary French politics. The thriller sees Huppert star alongside Reda Kateb as a mayor in suburban Paris forced to choose between personal ambition and loyalty to her working-class constituents.
The US is moving to bolster Poland's defense capabilities amid the rising threat of war between neighboring Ukraine and Russia. Defense Secretary Austin said the conflict could lead to a flood of refugees.
The first case of wild polio to be reported in Africa in five years has been confirmed in Malawi. Africa had been declared polio-free in August 2020.
Russian President Vladimir Putin oversaw military exercises involving Russian "strategic forces." The drills included ballistic and cruise missile launches.
Russian and Belarusian troops will continue their joint exercises near Ukraine, which were expected to end on Sunday, due to the "escalating situation" in Donbas.
Switzerland's second-largest bank stands accused of handling funds for dictators, drug traffickers and torturers after a whistleblower leak led to a year-long investigation by a consortium of journalists. And the United States and Britain have raised the stakes for potential sanctions on Russia if it invades Ukraine. Finally, Italy's famed glassblowers are cracking under red-hot energy prices.
Fear mongering content became viral on social media this week, as Ukrainian civilians prepare for an imminent Russian attack.
Germany has urged Russia to come back to the negotiating table as Russian media reported "no concrete plans" were in place for Putin to meet Biden.
FRANCE 24 spoke to Sir John Sawers, the former head of Britain’s secret intelligence service. Sawers, who headed the MI6 between 2009 and 2014, said that if Russia’s President Vladimir Putin decides to take military action against Ukraine, it would be in his interest to limit an invasion to eastern Ukraine. But, he cautioned: “There is no doubt that Russia has the capability to carry out a full invasion, take over Kiev, and install a puppet regime.”
Russia's move to recognise the breakaway Ukrainian regions of Donetsk and Luhansk has sent ripples through global markets on Tuesday, with falls across Asia, and in early trading in Europe. Oil prices also jumped, with the international benchmark Brent Crude hitting its highest level since mid-2014. Investors are now focusing on which sanctions the United States, the United Kingdom and the European Union might impose on Russia in response.
Global stock markets have taken a beating as investors rush for safe havens amid an escalation in geopolitical tensions over Ukraine. Russian stocks and bonds as well as the ruble are among the biggest losers.
Victoria Scholar, head of investment at Interactive Investor, says the geopolitical volatility and limited supplies mean oil prices will continue to rise and are likely to pass well beyond the symbolic $100 per barrel level.
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