“Kill Russia’s exports”, urged the head of Ukrainian diplomacy in Davos

European Council President Charles Michel said on Wednesday that he remained “confident” to reach an agreement on an EU embargo on Russia’s oil at the start of the European Council on Monday, despite the blockade in Hungary. (Photo: Getty Images)

This text brings together all the reactions since Russia’s invasion of Ukraine for the day of May 24, 2022. It will be updated on the day. To find all of our coverage of the conflict, here it is.

10:29 am | DAVOS – The head of Ukrainian diplomacy Dmytro Kouleba on Wednesday called on the international community to “kill Russia’s exports” at the Davos economic forum, to push for an end to the war in Ukraine.

“My message is very simple: kill Russia’s exports, except for some critical products that the world needs,” Kouleba said in Davos, saying Moscow should stop “making money and invest in a war machine that will kill, rape and torture Ukrainians. ‘.

He also called on shipping companies to stop shipping Russian oil.

“He has two ways of approaching sanctions. The first is to say ‘we will focus on oil and find ways to stop Russia’s oil buying,'” he said.

But there is another way (…). For example, most of Russia’s oil sold on the world market is transported by sea ”, he continued, believing that those who continue to do so“ anywhere in the world ”must“ face the problems ”.

European Council President Charles Michel said on Wednesday that he remained “confident” to reach an agreement on an EU embargo on Russia’s oil at the start of the European Council on Monday, despite Hungary’s blockade, which he hopes Russian hydrocarbons.

Mr Kouleba also denounced Russia’s “blackmail” about Moscow’s request to lift sanctions against Russia over the war in Ukraine to prevent a world food crisis.

“Obvious blackmail. You won’t find a better example of blackmail in international relations. If someone receives, that person has a problem, ”he said.

A senior Russian diplomat on Wednesday called for the lifting of sanctions against Moscow as a condition to avoid the global food crisis looming as a result of its offensive in Ukraine.

Ukraine, a major exporter of cereals, saw its production blocked because of the fighting, and that of Russia, another cereal power, could not be sold because of sanctions affecting the financial and logistics sectors.

Known for its fertile land, Ukraine was before the offensive as the fourth largest exporter of corn in the world and towards becoming the third largest exporter of wheat.

But the conflict has slowed Ukrainian agricultural production and Russia has been accused by Kyiv and the West of restricting grain exports through the Black Sea, especially in the main port of Odessa, causing fears in a serious global food crisis.

Nike has suspended sales at partner stores in Russia

10:00 am | NEW YORK – American sports equipment company Nike on Wednesday announced the suspension of sales at partner stores in Russia and the termination of all partnerships with retailers in the country, two months after temporarily closing its own stores.

The Beaverton (Oregon) team justified this decision by “operational difficulties in Russia”.

According to Russian daily Vedomosti, the distribution agreements linking Nike to its two major commercial partners in Russia will expire on Thursday, particularly with Inventive Retail Group (IRG), which manages the chain of dedicated Up & Run stores.

The equipment manufacturer has “decided not to renew commercial agreements or establish new ones, with our franchisee Up & Run”, according to a message Nike sent to AFP.

The comma group said it “remains suspended” in Russia and it continues to pay its employees.

Nike’s announcement means the brand has suspended sales of its products in all dedicated stores, i.e., only carrying its products.

“In the current situation, we cannot continue to support the activities of single-brand stores and will have to close them,” an IRG spokesman told AFP.

According to its site, IRG operates 37 stores that sell Nike products.

However, according to Vedomosti, it is still possible to buy items from the American furniture manufacturer through multi-brand brands, provided by wholesalers.

When asked for confirmation, Nike did not immediately respond.

In early March, a few days after the start of the invasion of Ukraine, Nike announced the temporary closure of all its directly managed branches in Russia, i.e., 116 stores.

On the next page, Russia will pay its foreign debt in rubles.

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