Russia’s invasion of Ukraine has triggered the largest shock to commodity markets in nearly 50 years, with high price levels expected to persist until at least the end of 2024, the World Bank said. Prices for foodstuffs and fertilizers have Read more…
Russian troops have destroyed six traction substations, – units that power the railways – which are being used for delivery of “foreign weapons and military hardware to the Ukrainian forces in the Donbass,” Defense Ministry spokesman Major General Igor Konashenkov announced on Monday. Read more…
The Russian Ministry of Defense has accused London of a “direct provocation” after British Armed Forces Minister James Heappey encouraged Ukrainian forces to use UK-supplied weapons to attack targets inside Russia. Any attempts to do so would invoke an immediate response, the ministry warned Read more…
Twitter (TWTR) announced on Monday that it has entered into a deal to be acquired by Tesla CEO Elon Musk for $44 billion. Twitter shareholders will receive $54.20 per share, and when the deal is finalized the social network will become a Read more…
Russian and Donbass forces will observe a ceasefire around the besieged Azovstal steel mill in Mariupol starting from 2pm Moscow time on Monday, allowing civilians to evacuate to safety, the Russian Defense Ministry has said. Colonel General Mikhail Mizintsev, the Read more…
Germany suffers an economic setback as a result of the Ukraine war The EU has admitted countries may be able to comply with Putin’s demand for gas payments in roubles without breaching sanctions against Russia. Putin has demanded that so-called Read more…
The Russian rouble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due to make this week and as the market looked ahead to a central bank rate Read more…
French President Emmanuel Macron will emerge victorious in his contentious reelection race, polling agencies projected Sunday. At 8 p.m. French time, local media reported that, based on early results, Macron had won with 57.9% of the vote. “Thank you,” Macron Read more…
Kiev is “disappointed” by the “short-sighted” statements of Austrian Foreign Minister Alexander Schallenberg who suggested that full EU membership might not be the best option for Ukraine. On Saturday, Schallenberg, while admitting that deepening ties with Ukraine is necessary as Read more…
Russian forces have destroyed a logistics terminal in Odessa that held a large batch of foreign weapons, Moscow said on Saturday amid its ongoing military offensive in Ukraine. However, the city’s authorities claimed that its air defense group destroyed two Read more…
Ukrainian authorities have cited the acceptance of humanitarian aid from Russia as one of the grounds to charge the mayor of a town in Kharkov Region with treason on Friday. Ivan Stolbovoy, the mayor of Balakleya, is accused of urging Read more…
Ukrainian are in Britain for training on how to operate armored vehicles provided by London to Kiev amid the conflict with Russia, UK Prime Minister Boris Johnson has said. “I can say that we are currently training Ukrainians in Poland Read more…