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UK Foreign Secretary warns Russia it will face economic consequences if Ukraine invaded

The BBC reported, Foreign Secretary Liz Truss has warned Russia it will face "severe economic consequences" if it invades Ukraine.
She said G7 foreign ministers meeting in Liverpool this weekend would put on a show of unity and make clear such a move would be a "strategic mistake".
Ms Truss said the UK and its allies had to "deter Russia from taking that course of action".
Tensions are growing as Moscow amasses troops on Ukraine's border - but the Kremlin has denied it plans to invade.
Reiterating previous warnings from the US and its allies, Ms Truss said the G7 "are going to absolutely be strong in our stance against aggression... with respect to Ukraine".

She added: "If Russia were to take that action, it would be a strategic mistake, and there will be severe consequences for Russia.
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"And what we're doing this weekend is working with like-minded allies to spell that out."
The BBC noted that Ukraine shares borders with both the EU and Russia, but as a former Soviet republic it has deep social and cultural ties with Russia.
Ahead of the G7 meeting, Ms Truss held talks with Ukrainian foreign minister Dmytro Kuleba in London.
Asked if she could rule out a military response to Russian aggression, Ms Truss said the UK was working with Ukraine on "defence and security capability".
"We are providing them with support," she said. "We are also working to help them with their energy resilience. So they're not solely dependent on Russian energy supplies. And that is the way ultimately that we will help support Ukraine."
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Ms Truss said the UK and EU were trying to ensure Western economies were less dependent on Russian energy.
The foreign secretary said the Nord Stream 2 gas pipeline between Germany and Russia would be "a problem" if Russia invaded Ukraine.
It would be an issue to discuss with her new German counterpart at the G7 talks.
Ms Truss said: "We absolutely need to reduce dependence on Russian gas and energy. And this should be part of an overall strategy of reducing dependence on non market economies, reducing dependence on malign actors, and making sure that the free world is able to have that strategic independence it needs to survive and thrive."
Source: BBC
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
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.
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