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Yandex Co-Founder Criticizes Russia’s ‘Brutal’ Conflict in Ukraine

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Arkady Volozh, a co-founder of Yandex and a prominent figure in Russia’s tech industry, has criticized Moscow’s complete military intervention in Ukraine, referring to it as “savage.”

In an official statement, Volozh expressed his distress over the daily bombing of Ukrainian homes and conveyed his opposition to the conflict. Although he resides in Israel and had been criticized for his silence on the matter, he acknowledged his responsibility for his home country’s actions.

Volozh stepped down as Yandex’s CEO in 2022, a move that coincided with personal sanctions imposed by the European Union. The EU cited his role in supporting actions undermining Ukraine’s sovereignty. Yandex, often likened to “Russia’s Google,” is the largest Russian-language internet search engine. Volozh’s condemnation of the invasion stands out among Russia-linked business figures who have openly criticized President Vladimir Putin’s decision to initiate the full-scale invasion of Ukraine in February 2022.

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Ursula von der Leyen: EU’s ‘general’ nears endgame of turbulent first term

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For years, the European Union (EU) has faced criticism for lacking a single voice on the world stage. However, many in Brussels now see Ursula von der Leyen, the first female President of the European Commission, as someone who can fill that role. Von der Leyen has been involved in various high-profile meetings, such as visiting Kyiv and attending an EU summit with Ukraine’s president, meeting Joe Biden at the White House to address tensions over green subsidies, and joining French President Emmanuel Macron to meet Chinese President Xi Jinping amid deteriorating EU-China relations.

During her tenure as the head of the European Commission, which shapes and enforces policies for 450 million Europeans, von der Leyen has faced significant challenges. She took office in 2019 with a focus on addressing the climate emergency but soon had to deal with the COVID-19 pandemic and the conflict in Ukraine, which marked the largest war on European soil since World War II. Despite these crises, von der Leyen has been praised for her leadership, with one EU official noting that the EU now has a central command and a leader for crisis management.

Von der Leyen follows a disciplined routine, starting her day early and living in her office at the Berlaymont, the commission’s headquarters, to avoid traffic. Her living space is a modest room on the 13th floor, originally designed as a restroom, for which she pays €18,000 in rent deducted from her salary and housing allowance. Known for her work ethic, the 64-year-old former medical doctor spends much of her time at her desk and avoids social events. She leads a frugal lifestyle, abstaining from alcohol and maintaining a vegetarian diet.

Von der Leyen rarely gives interviews and prefers to deliver carefully scripted video messages in English, French, and German. She is known for her punctuality and efficiency, with meetings starting and ending on time. While her predecessor, Jean-Claude Juncker, was known for his wit and spontaneity, von der Leyen prefers to stick to prepared remarks.

Overall, von der Leyen’s leadership has been marked by her ability to navigate crises and provide a more unified voice for the EU on the global stage.

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News Trending War

The Ukraine conflict will result in the largest price shock in 50 years

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The World Bank has warned that the conflict in Ukraine will result in the “largest commodity shock” since the 1970s.

According to a new forecast, the conflict’s disruption will result in massive price increases for goods ranging from natural gas to wheat and cotton. According to Peter Nagle, a co-author of the report, the price hike is “starting to have very large economic and humanitarian effects.” “Households all over the world are experiencing a cost-of-living crisis,” he said.

“We’re especially concerned about the poorest households because they spend a larger percentage of their income on food and energy, making them particularly vulnerable to this price spike,” the World Bank’s senior economist added.

According to the World Bank, energy prices are expected to rise by more than 50%, increasing household and business bills.

The most significant increase will be in the cost of natural gas in Europe, which is expected to more than double. Prices are expected to decline next year and in 2024, but they will still be 15% higher than last year.

According to the World Bank, “the largest 23-month increase in energy prices since the 1973 oil price hike,” when tensions in the Middle East sent prices soaring, occurred between April 2020 and March this year.

Similarly, oil prices are expected to remain high into 2024, with a barrel of Brent Crude, the benchmark measure, expected to average $100 this year, resulting in widespread inflation.

Russia produces about 11% of the world’s oil, the third largest share, but “disruptions resulting from the war are expected to have a lasting negative effect,” according to the report, as sanctions force foreign companies to leave and access to technology is limited.

Although Russia currently supplies 40% of the EU’s gas and 27% of its oil, European governments are working to wean their countries off of Russian supplies. This has aided in the rise of global prices by increasing demand for supplies from other countries.

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