Russia suspends agreement with Japan on fishing near disputed islands

Fishermen repair nets on the shore of the Okhotsk Sea on island of Kunashiri in the disputed Northern Territories, which are known as the Southern Kurils by Moscow. | REUTERS

Russia’s Foreign Ministry said Tuesday it was suspending an agreement with Japan that allowed Japanese fishermen to fish near the disputed Southern Kuril islands, which are known as the Northern Territories in Japan, saying Tokyo had failed to make payments required under the deal. “In the current situation, we are forced to suspend the implementation

Putin and COVID-19 may help Kishida keep Japan’s top job for years

Prime Minister Fumio Kishida speaks during a news conference following a 'Quad' leaders meeting in Tokyo on May 24. | BLOOMBERG

Fumio Kishida’s emergence last year as Japan’s third prime minister in 13 months prompted worry that Tokyo was sinking into another period of revolving-door leadership. He now looks increasingly likely to govern the country for years. Kishida’s tough stance on Russia’s invasion of Ukraine and cautious response to the omicron variant surge of the coronavirus

Russia strikes Kyiv for first time in weeks; Ukraine touts counterattack in east

Smoke from a Russian missile strike rises over Kyiv on Sunday.  | REUTERS

KYIV – Russia struck Ukraine’s capital Kyiv with missiles early on Sunday for the first time in more than a month, while Ukrainian officials said a counter-attack on the main battlefield in the east had retaken half of the city of Sievierodonetsk. Dark smoke could be seen from many miles away after the attack on

Japan amends document to show economic cooperation with Russia halted

Signs demanding the return of a group of islands, called the Northern Territories in Japanese and the Kuril Islands in Russian, are displayed at Hanasaki Port, in Nemuro, Hokkaido, on April 12. | REUTERS

The central government has deleted sentences on promoting economic cooperation with Russia in one of Japan’s key documents in yet another show of staunch opposition to Moscow’s invasion of Ukraine. In updating its document on Japan’s strategy to expand infrastructure exports Friday, the government completely removed sentences regarding an eight-point plan for economic cooperation with

Russian yachts and money going where U.S. influence has waned

The Solaris superyacht (right), owned by Russian billionaire Roman Abramovich, moored in Barcelona on March 1 | BLOOMBERG

Andrey Melnichenko was in a bind. Squeezed by European sanctions targeting Russian billionaires, one of Russia’s richest men needed a safe jurisdiction to protect the businesses he’d built. He found it in the United Arab Emirates. Moscow-based coal producer SUEK and Zug, Switzerland-based fertilizer firm EuroChem, both founded by Melnichenko, are opening local trading units

How the Ukraine conflict is reshaping global oil markets

Oil tank cars and railroad freight wagons in Omsk, Russia, on May 24. Sanctions imposed on Moscow after the conflict in Ukraine kicked off in February, including a U.S. ban on its oil imports, have prompted Russia to pivot away from Europe, where its crude is shunned, to customers in India and China who are picking up cargoes at a steep discount. | REUTERS

LONDON – Russia’s invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia. The reroutings mark the biggest supply-side shakeup of the global oil trade since the U.S. shale revolution

Russian troops enter outskirts of key city in Ukraine’s Donbas

Destroyed Russian armored vehicles not far from the Seversky Donets River near Sievierodonetsk, Ukraine, on Wednesday. | IVOR PRICKETT / THE NEW YORK TIMES

KYIV/KHARKIV, Ukraine – Russian troops entered the outskirts of the Ukrainian city of Sievierodonetsk, a regional governor said Monday, describing the fighting as “very fierce” in a city that become a key objective for Moscow’s offensive in the Donbas. Shelling killed two civilians and wounded five others as Russian troops advanced into the city’s southeastern

Diplomats fear Russia may use Syrian aid as bargaining chip in Ukraine

A man walks near the remains of a missile in the city of Lysychansk, in the eastern Ukrainian region of Donbas, on Thursday. | AFP-JIJI

WASHINGTON – Only one route remains open for international convoys bringing food, water and other aid to over 1 million Syrians besieged by civil war. Now, officials warn, Russia might try to shut it down or use it as a bargaining chip with world powers in another war, about 1,600 kilometers (1,000 miles) away in

EU spares pipeline oil from Russian embargo plan to break logjam

The Druzhba petroleum pipeline between Hungary and Russia. The European Commission sent a revised proposal to national governments on Saturday that would spare shipments of oil through the giant Druzhba pipeline. | AFP-JIJI

The European Union proposed banning seaborne oil from Russia while delaying restrictions on imports from a key pipeline in an effort to satisfy Hungarian objections and clinch an agreement on a stalled sanctions package that would target Moscow for its war in Ukraine. The European Commission, the EU’s executive arm, sent a revised proposal to

How a Russian billionaire shielded assets from European sanctions

A superyacht owned by Russian tycoon Andrey Melnichenko in London in 2016. | REUTERS

ISTANBUL/BRUSSELS – Russian businessman Andrey Melnichenko ceded ownership of two of the world’s largest coal and fertilizers companies to his wife the day before he was sanctioned by the European Union, according to three people familiar with the matter. Melnichenko, who built his fortune in the years following the 1991 fall of the Soviet Union,

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