Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

Britain plays down Black Sea warship incident with Russia

Published : , on

LONDON (Reuters) -Britain on Thursday played down an incident in the Black Sea off the Crimea penisula in which Russia said it fired warning shots at a British destroyer.

Such gunnery exercises were not particularly abnormal, Environment Secretary George Eustice told Sky.

Russia, one of the world’s biggest military powers, said the British warship had breached its territorial waters – which Britain and most of the world says belong to Ukraine – and cast Britain’s actions as a blatant provocation.

Britain disputed Russia’s account, saying no warning shots had been fired and that no bombs had been dropped in the path of HMS Defender.

“I don’t think there is anything in this particular event that people should get too carried away by,” Eustice said.

“I don’t think there were warning shots, there was a gunnery exercise that was taking place, and it’s not uncommon for the Russians to do this in this area. The incident is not particularly abnormal in that sense.”

Russia seized and annexed the Crimea peninsula from Ukraine in 2014 and considers areas around the peninsula’s coast to be Russian waters. Western countries deem the Crimea part of Ukraine and reject Russia’s claim to the seas around it.

Britain’s BBC released footage from the ship showing a Russian officer warning that he would shoot if the British ship did not change course. Russia released footage filmed from a Russian SU-24 bomber flying close to the British ship.

Russia said the British ship had ventured as far as 3 km (2 miles) into Russian waters near Cape Fiolent, a landmark on Crimea’s southern coast near the port of Sevastopol, headquarters of the Russian Navy’s Black Sea fleet.

(Reporting by Guy Faulconbridge; Editing by Kate Holton and Angus MacSwan)

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post