At least five cruise missiles struck Kiev on Thursday evening, President Volodymyr Zelensky has claimed, accusing Moscow of carrying out the strike to deliberately “humiliate” the United Nations as Secretary-General Antonio Guterres visited the Ukrainian capital. “This says a lot about Russia’s true attitude Read more…
In the aftermath of Russia’s unprovoked invasion of Ukraine, some Russian banks were banned from SWIFT, the Belgium-based messaging service that lets banks around the world communicate about cross-border transactions. The ban has hampered cross-border transactions for Russia’s trade and financial Read more…
It is up to Ukraine to decide whether to expand the conflict with Russia beyond their own borders, US Secretary of State Antony Blinken told the Senate on Wednesday. His comments come after Moscow condemned a senior British official who Read more…
McDonald’s is poised to take a bigger financial hit from the war in Ukraine and shuttered locations in Russia than any other major global restaurant chain, with investors watching on Thursday when it reports first quarter earnings to see how Read more…
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…