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US Vice President Vance: Any peace plan between Russia and Ukraine should minimize the possibility of renewed war. There is a misconception that victory will be easily achieved simply by providing more funds, more weapons, or imposing more sanctions.US Vice President Vance: Any peace plan between Russia and Ukraine should stop the killings while preserving Ukraines sovereignty. Any plan should be mutually acceptable to both Russia and Ukraine.November 22 – According to the China State Railway Group, from January to October this year, the national railway system transported a total of 3.378 billion tons of freight, a year-on-year increase of 3%, setting a new record for the same period. In the first ten months, freight products continued to be optimized. The "single bill of lading" logistics product for rail-sea intermodal transport booked 30,000 TEUs, and the national railway system transported a total of 14.258 million TEUs of rail-sea intermodal container cargo, a year-on-year increase of 16.2%. Cross-border freight transport remained stable and smooth. From January to October, the China-Europe and China-Central Asia freight trains operated a total of 28,000 trains, a year-on-year increase of 7.8%; the China-Laos Railway cross-border freight trains transported a total of 4.52 million tons of cargo, a year-on-year increase of 14%; and the Western Land-Sea New Corridor freight trains transported a total of 1.2 million TEUs of containers, a year-on-year increase of 64%, promoting international trade and economic exchanges.On November 22, U.S. District Judge William ORick issued a temporary injunction on November 21, local time, blocking the Trump administration from imposing new conditions and cutting funding to the Department of Homeland Security in more than 20 cities and counties in California, Washington, and Arizona. The judge ruled that the Trump administrations attempts to force local governments to cooperate with immigration enforcement, terminate diversity programs, and restrict benefits for undocumented immigrants through executive orders may violate federal law. Plaintiffs, including Santa Clara County, California, stated that the funds involved exceed $350 million and are intended for disaster preparedness, emergency services, and security for major events. Following the injunction, the federal government is temporarily prohibited from freezing or recovering the funds under the new conditions.The Dow Jones Industrial Average rose 493.15 points, or 1.08%, to close at 46,245.41 on Friday, November 21; the S&P 500 rose 64.23 points, or 0.98%, to close at 6,602.99; and the Nasdaq Composite rose 195.03 points, or 0.88%, to close at 22,273.08.

Ukraine Will Block A Crucial Russian Gas Transit to Europe, Blaming Russia

Charlie Brooks

May 11, 2022 09:46

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Ukraine said on Tuesday that it will cease the flow of gas via a transit point that, according to Kiev, sends over one-third of the fuel piped from Russia to Europe through Ukraine. Kiev blamed Moscow for the action and said it would redirect the flows elsewhere.


Even after Moscow's invasion, Ukraine has remained a significant transit route for Russian gas to Europe.


The operator of Ukraine's gas infrastructure, GTSOU, has declared "force majeure" and will cease shipments through the Sokhranivka route as of Wednesday. "Force majeure" is a provision triggered when a firm is affected by circumstances beyond its control.


However, Gazprom (MCX:GAZP), which has a monopoly on Russian gas pipeline exports, said that it was "technologically impossible" to move all volumes to the Sudzha connecting point farther to the west, as GTSOU requested.


GTSOU CEO Sergiy Makogon told Reuters that Russian occupation troops have begun transporting gas flowing through Ukraine to two rebel territories supported by Russia in the country's east. He failed to provide proof.


The company stated that it was unable to operate at the Novopskov gas compressor station due to "the interference of the occupying forces in technical processes," adding that it could temporarily redirect the affected flow to the Sudzha physical interconnection point, which is located on Ukrainian territory.


Ukraine's suspension of Russian natural gas shipments via the Sokhranivka route should have no effect on the local Ukrainian market, according to Yuriy Vitrenko, the president of the state-owned energy business Naftogaz.


The national gas company of Moldova, a tiny country on Ukraine's western border, said that neither GTSOU nor Gazprom had notified them of a supply interruption.


Russian army and separatist militants have controlled the Novopskov compressor station in the Luhansk area of eastern Ukraine since shortly after Moscow launched a "special military operation" in February.


GTSOU said that it is the first compressor in the Ukraine gas transit system in the Luhansk area, the transit route for about 32,6 million cubic metres of gas per day, or a third of the Russian gas transported to Europe through Ukraine.


To fulfill its "transit responsibilities to European partners in full," GTSOU said that it will "temporarily move unavailable capacity" to the Sudzha interconnection point.


Gazprom said it had received information from Ukraine that the nation will cease gas transit to Europe through the Sokhranivka interconnector at 7:00 a.m. on Wednesday local time.


The Russian corporation said that it observed no evidence of force majeure or impediments to business as usual. Gazprom emphasized that it was fulfilling its commitments to European gas purchasers.


As punishment for the invasion of Ukraine, the United States has pushed other nations to reduce their reliance on Russian energy and has prohibited Russian oil and other energy imports.


Ned Price, a spokeswoman for the U.S. State Department, said that Tuesday's declaration does not alter the "as soon as feasible" schedule for reducing global dependency on Russian oil.

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