Russia
India’s currency is under pressure — and analysts say the rupee could test new lows
Two thousand rupee notes on display with an Indian flag in the background. Manish Rajput | SOPA Images | LightRocket via Getty Images The Indian rupee has come under intense selling pressure due to a perfect storm of global headwinds which analysts say will continue to pummel the currency in the months ahead. In recent […]
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‘It’s just hell’: Ukraine says Russia has the advantage in battle for the Donbas; grain ship safely arrives in Turkey
First grain shipment out of Ukraine in months reaches Turkey safely The first grain ship to leave Ukraine in months has arrived safely in Turkish waters, where it will be inspected before it continues its journey to Lebanon. The shipment comes after a deal was brokered between Russia and Ukraine by Turkey and the United […]
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Russia faces ‘economic oblivion’ despite claims of short-term resilience, economists say
Russian President Vladimir Putin attends a meeting with parliamentary leaders in Moscow, Russia July 7, 2022. Aleksey Nikolskyi | Sputnik | Reuters Russia is facing “economic oblivion” in the long term because of international sanctions and the flight of businesses, several economists have said. The International Monetary Fund last week upgraded Russia’s gross domestic product […]
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U.S. fears Russia is using a ‘nuclear shield’ in Ukraine; Zelenskyy calls grain shipment a ‘positive signal’
BP’s Gelsenkirchen plant no longer uses Russian crude Shares of BP are up over 20% year-to-date. Sopa Images | Lightrocket | Getty Images Amid its second-quarter earnings update Tuesday, BP CEO Bernard Looney said that the firm’s refinery in Gelsenkirchen, Germany, no longer uses Russian crude, down from 50%. Oil majors have been one of […]
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Ukraine’s first grain shipment in months leaves port; Putin says navy will be armed with hypersonic missiles
Putin says Russia’s navy will get new hypersonic missiles soon Russian President Vladimir Putin at the Navy Day Parade on July, 31 2022, in St. Petersburg, Russia. Planned Navy Day celebrations in Sevastopol in Russian-annexed Crimea were canceled on Sunday after officials accused Ukraine of carrying out a drone attack on the Black Sea Fleet’s […]
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How US-made mobile-rocket artillery could change the battlefield in Ukraine
Artillery has quickly become the most important weapon in Ukraine’s war with Russia. Ukrainian forces have begun to use newer Western artillery, like the M777 Howitzer, in the battlefield. But a different kind of weapon has had a bigger impact. The American-made High Mobility Artillery Rocket System, aka HIMARS, has been a major high-tech upgrade […]
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Ukraine denies missile strike on Donbas prison; Wagner fighters given front-line duties, UK says
Ukraine denies carrying out missile strike on prisoner camp Russia’s Ministry of Defense claimed Friday that 40 Ukrainian prisoners of war were killed and 75 wounded in a strike on a detention center in the town of Olenivka, in Russian-controlled Donetsk. NBC News was not able to immediately verify the Russian claim. Ukraine officials have […]
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Hacktivist group Anonymous is using six top techniques to ’embarrass’ Russia
Members of the loosely connected collective known as Anonymous are known for wearing Guy Fawkes masks in public. Jakub Porzycki | Nurphoto | Getty Images Ongoing efforts by the underground hacktivists known as Anonymous are “embarrassing” Russia and its cybersecurity technology. That’s according to Jeremiah Fowler, co-founder of the cybersecurity company Security Discovery, who has […]
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Ukraine’s counter-offensive in Kherson ‘gathering momentum’; UK advisor warns of nuclear risk
U.K. advisor warns of accidental nuclear escalation Stephen Lovegrove, the U.K.’s national security advisor, warned of the accidental escalation of a nuclear war with Russia or China, saying that global communication channels from the Cold War are no longer available. “The Cold War’s two monolithic blocks of the USSR and NATO – though not without […]
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Ukrainian forces reportedly attack key Russian supply route into occupied Kherson; Moscow wages gas ‘price terror’ on Europe
Yellen discusses price cap on Russian oil with UK’s Nadhim Zahawi US Treasury Secretary Janet Yellen speaks during a press conference in Bali on July 14, 2022. U.S. Secretary of the Treasury Janet Yellen highlighted a proposed price cap on Russian oil on a call with British Chancellor of the Exchequer Nadhim Zahawi on Tuesday, […]
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