Reporter Raquel Camila

  Foreign ministers from the G7 group of rich nations aim to give what Germany called a “powerful sign of unity” as they meet on Friday to discuss the war in Ukraine, fears that the conflict could spill over into Moldova, and food security concerns. The annual meeting running until Saturday brings together top diplomats from Britain, Canada, Germany, France, Italy, Japan, the United States and the European Union to a 400-year-old castle estate in the Baltic Sea resort of Weissenhaus. To know more:  https://english.alarabiya.net/News/world/2022/05/13/Britain-urges-more-weapons-for-Ukraine-to-keep-pressure-on-Putin

Russia’s size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine are having outsized consequences relative to earlier freezes on Iran and North Korea. Russian President Vladimir Putin gestures during his visit to Aeroflot aviation training complex outside Moscow on March 5, 2022. Manufacturers, lessors, insurers and maintenance providers to Russian carriers like Aeroflot, S7 Airlines and AirBridgeCargo are among those outside Russia that are hit directly by sanctions. Foreign airlines, meanwhile, are reeling from higher oil prices and longer routes needed to bypass airspace over Russia that are expected to drive up ticket prices and air freight rates. Aircraft leasing, insurance impact. Russian airlines have been highly reliant on the global aircraft leasing industry to modernize their fleets with the latest Airbus and Boeing planes. Russian carriers have 980 passenger jets in service, of which 777 a...