Verbosity is one of the few tangible instruments the West has to try and influence Moscow. It has supplied some military support to Kyiv in the way of weapons sales. But it is in no position – be it NATO, Washington, Berlin, Paris, or the EU - to intervene militarily.  

Biden’s sanctions included the expulsion of 10 Russian diplomats alleged to be involved in spying and a bar on U.S. financial institutions buying rouble-denominated Russian sovereign bonds from June 14.

The price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting the Paris Agreement goals, analysis by consultancy Wood Mackenzie shows.

Ukraine’s defence minister said Russia’s military buildup could bring more troops into the region and potentially extend to using Crimea for storing nuclear weapons.