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The US needs a realistic Russia strategy now

The suspected poisoning of Russian opposition leader Alexei Navalny underscores the dangers Russians face for speaking out against President Vladimir Putin. It’s also a warning to those currently protesting for democratic change in neighbouring Belarus. So long as Putin remains at the helm, Russia will continue to pose a serious threat to democratic values, in its periphery and beyond. A ...

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Virgin Atlantic creditors to vote on $1.6b rescue plan

Bloomberg Virgin Atlantic Airways Ltd is set to find out whether it has enough support from creditors for a 1.2 billion-pound ($1.6 billion) rescue or if it will need a judge to overrule them in order to stave off collapse. The UK carrier founded and controlled by billionaire Richard Branson has already secured the backing of three creditor classes and ...

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Qantas Air plans to cut 2,500 more jobs

Bloomberg Qantas Airways Ltd plans to cut as many as 2,500 more jobs by offloading ground operations like baggage handling and aircraft cleaning as the cost of the coronavirus pandemic mounts. The reductions follow previously announced plans to eliminate 6,000 jobs, or 20% of the workforce, the airline said in a statement on Tuesday. “Airlines have to change how they ...

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