Home to 25% of the world's most fertile soils, Ukraine produces wheat that feeds many vulnerable countries, meaning the war will affect food prices worldwide.

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Gas imports from Russia are now cheaper, compared to spot gas traded at hubs in other European nations.

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The Russian invasion on Thursday this week has sent energy markets spinning, and concerns over tightening supplies rising.

The post Yamal-Europe gas flow jumps four-fold amid Ukraine attack appeared first on Army Technology.

And about time too. After pussyfooting about for 72 hours when urgent action was needed, the dither and delay being down to the German government, Russia is out of SWIFT, the global payments system used by banks around the world and the principal mechanism for financing international trade. Better late than never. It is a …

The post Opinion: why it is essential that SWIFT ejects Russia appeared first on Army Technology.

The world’s largest food maker has three factories and 5,000 staff in Ukraine.

The post Nestlé halts operations in Ukraine in wake of Russia invasion appeared first on Army Technology.

The global financial sector has experienced an exponential rise in cyber-attacks over the last four years. Today, this is even more of an issue both from a sector and geo-political perspective. External market figures suggest that in the year 2020 alone there was an increase of over 200% in cyber-attacks in the financial sector globally. …

The post Cyber Threats in the Global Financial Sector – Time to Worry? appeared first on Army Technology.

Russia’s invasion of the Ukraine will create new and dangerous cybersecurity threats across the world, industry experts have told Verdict. Russian forces have seized control of Ukrainian airspace and ground troops are moving rapidly to occupy the country, but in the cyber realm the conflict threatens to spread well beyond the national borders. Cybersecurity experts …

The post “Shields up:” How Putin’s war in Ukraine will hurt firms’ cybersecurity appeared first on Army Technology.

The sanction, which is in response to Russia’s actions in Ukraine, targets Nord Stream 2 AG and its CEO.

The post US sanctions company behind €9.5bn Nord Stream 2 pipeline appeared first on Army Technology.

Russia’s mobilisation into Ukraine has caused Western powers to impose sanctions on the country.

The post Russia invades Ukraine: the business fallout appeared first on Army Technology.

With geopolitical tensions between Ukraine and Russia, tourism recovery in the Eastern European destination will consequently suffer. The ongoing situation in Ukraine is particularly damaging for its tourism sector, which developed substantially in Ukraine before the pandemic. Furthermore, it was showing some encouraging signs of recovery after an extremely challenging year in 2020. However, tensions …

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