user avatar
Henry Foy
@HenryJFoy
Financial Times Brussels Bureau Chief, and writer of Europe Express morning briefing. Past lives in Moscow, Warsaw, London and New Delhi. ✉️ [email protected]
Brussels
Joined March 2009
Posts
  • Pinned
    user avatar
    🚨Some personal news... Very excited to start today as the @FinancialTimes Brussels bureau chief, leading a stupendous team of reporters covering the EU's good, bad and ugly: from war to economic malaise, climate change, busted budgets & an existential enlargement question!
  • user avatar
    Russia has $630bn in international reserves. A big chunk of that is held overseas. Western sanctions agreed tonight are designed to stop Putin being able to spend even a single rouble worth.
  • user avatar
    Extraordinary photo. Impossible to imagine, prior to Putin’s war, that the leaders of Armenia and Azerbaijan would hold four-way peace talks with Macron and Michel The Russian sphere is eroding
  • user avatar
    Trump in opening remarks to Finnish President in Helsinki thanks him for his support, and says NATO has never been stronger. Finland isn't in NATO.
  • user avatar
    Breaking: Spain’s foreign minister says @NATO will discuss possible intervention and no-fly zone in Ukraine during a Friday summit of the US-led military alliance ft.com/content/fe80e2… via @FinancialTimes
  • user avatar
    💥 Potentially huge development with major ramifications if correct that Turkey will close Bosporous to Russia’s warships entering Black Sea. Turkey is a @NATO member. Putin has warned of retaliation against third country’s “meddling” in his invasion of Ukraine
    I thank my friend Mr. President of 🇹🇷 @RTErdogan and the people of 🇹🇷 for their strong support. The ban on the passage of 🇷🇺 warships to the Black Sea and significant military and humanitarian support for 🇺🇦 are extremely important today. The people of 🇺🇦 will never forget that!
    Readers added context
    Turkey is currently denying that it has made a decision to close the Bosphorus and Dardanelles straits to Russian warships. middleeasteye.net/news/russia-uk…
  • user avatar
    Putin bottles it in Bali. Moscow confirms Russia’s President has bailed on the G20 summit next week. So for all his strongman talk of fronting up to the west and having friends all around the world - he couldn’t walk the walk.
  • user avatar
    Replying to @HenryJFoy
    Tonight we have the political declaration from G7 and EU. The details will follow, and need studying. But tonight it is clear that while Putin could still “win” his war in Ukraine, the costs to him, and to Russia, will be far, far higher than he could have imagined.
  • user avatar
    Giorgia Meloni on top eye-rolling form as leaders at the @Nato summit wait for Stoltenberg and Biden to arrive for today's first session
    00:00
  • user avatar
    Replying to @HenryJFoy
    This cash pile was the reason the Kremlin - and some western analysts - were confident Russia could survive sanctions on its banks, exports or big businesses, and weather the economic pain of the invasion of Ukraine. This changes that calculation, significantly
  • user avatar
    💥SCOOP - Brussels has drawn up a plan to sabotage Hungary’s economy if Viktor Orbán blocks a €50bn aid package to Ukraine this week, according to a secret internal document seen by @FT that lays out Budapest’s economic weaknesses & how to exploit them ft.com/content/9dabcd… 🧵
  • user avatar
    Replying to @HenryJFoy
    That cash was Putin’s insurance policy. He didn’t touch it during the Covid-19 economic crisis, and has forced Russia through years of effective austerity to save it up, as a protection against western sanctions.
  • user avatar
    The 90km journey that changed the war in Ukraine Our @FinancialTimes interactive allows you to relive Ukraine's stunning counter-offensive in the north-east - and learn how they did it, why it worked, & what it means for Russia's failing invasion effort ig.ft.com/ukraine-counte…
    00:00
  • user avatar
    EU and Nato governments sound alarm over arms smuggling from Ukraine into Europe, as governments fret over where the billions of dollars of weapons sent to Kyiv are ending up after they cross the border ft.com/content/bce78c… @FinancialTimes