German Chancellor heads to Moscow to meet President Vladimir Putin
February 15, 2022, 7:51 am

German Chancellor heads to Moscow to meet President Vladimir Putin

German Chancellor Olaf Scholz/Facebook page

The Cyprus Mail media outlet reported, citing Reuters, German Chancellor Olaf Scholz heads to Moscow on Tuesday to meet President Vladimir Putin in a high stakes mission to avert war, with Russia’s largest trading partner in Europe warning of far-reaching sanctions if it attacks Ukraine.

Scholz’s one-day trip, after visiting Kyiv on Monday, is part of frantic Western diplomacy to try to stop a potential attack as more than 100,000 Russian troops mass on Ukraine’s borders.

The chancellor has said he will hammer home the message from the West that they are open to dialogue about Russia’s security concerns but will impose sanctions if it invades Ukraine.

He said in Kyiv on Monday before returning to Berlin: “We are ready for very far-reaching and effective sanctions in coordination with our allies."

Warnings of sanctions could hit home harder coming from Germany, Russia’s number one trade partner in Europe and the biggest consumer of Russian natural gas – although that could also limit Scholz’s room for manoeuvre.

Zelensky and Scholz discuss regional security challenges

He signalled last month “everything will have to be discussed should there be a military intervention” when asked about the Nord Stream 2 pipeline from Russia to Germany, which is intended to bring more Russian gas to Western Europe, bypassing traditional transit country Ukraine.

But he has not vowed to end Nord Stream 2 or even named it in connection with sanctions, in contrast to U.S. President Joe Biden who said last Monday the pipeline would be halted if Russia invaded.

UK publishes new law to impose tough penalties on Russia

Russia denies planning to invade, accusing the West, which has sent a flurry of officials to Moscow and Kyiv, of hysteria.

Source: cyprus-mail

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.