Ukraine’s Zelenskyy offers prisoner swap with Moscow; over 3,000 criminal proceedings opened against Russian military

Ukraine’s Zelenskyy offers prisoner swap with Moscow; over 3,000 criminal proceedings opened against Russian military


Russia’s appointment of Army General Alexander Dvornikov to lead the war in Ukraine “represents an attempt to centralise command and control,” the U.K.’s Ministry of Defense said in its daily defense intelligence update on Twitter, following weeks of slow progress and botched operations for Russian forces.

Dvornikov has commanded troops in Syria and eastern Ukraine, and is credited with stabilizing Syria’s Assad regime via a campaign of bombing urban and civilian areas to create as much damage as possible.

Ukrainian President Volodymyr Zelenskyy is offering a prisoner swap with Russia, saying he will hand over captured Putin ally Viktor Medvedchuk in exchange for Ukrainians detained by Russian forces, many of whom have been forcibly taken to Russia.

President Joe Biden meanwhile has called Putin’s actions in Ukraine a “genocide,” and economists predict a potential financial shock for Europe over the rupture in trade with Russia, particularly if that rupture involves Germany.



Source

Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns
World

Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns

The U.S. Capitol in Washington, D.C. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s “big, beautiful bill” — or officially, the One Big Beautiful Bill Act — is a controversial piece of legislation, but some banks are in favor of it, saying it’s the shot in the arm the economy needs. It was advanced […]

Read More
Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies
World

Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies

Elon Musk speaks with U.S. President-elect Donald Trump as they watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Shares of Tesla were under pressure on Tuesday after President Donald Trump said in a late […]

Read More
Euro rises after euro zone inflation hits ECB’s 2% target
World

Euro rises after euro zone inflation hits ECB’s 2% target

European government borrowing costs fall Yields on European government bonds moved lower in the wake of the latest euro zone inflation print, which showed inflation hit the ECB’s 2% target in June. The yield on the German 10-year bund — seen as a benchmark for the euro zone — was 4 basis points lower by […]

Read More