Ukraine
Russia attacks Ukraine in major missile strike on Christmas Day
Ukrainian servicemen of the 33rd brigade operate a Leopard battle tank in the direction of Kurahove, Ukraine as Russia-Ukraine war continues on December 19, 2024. Anadolu | Anadolu | Getty Images Russia attacked Ukraine’s energy system and cities in its eastern region with cruise and ballistic missiles on Wednesday morning, Ukraine’s energy minister and local […]
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Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation and a recovery in the ruble. KIRILL Kudryavtsev | AFP | Getty Images Russia’s central bank on Friday unexpectedly left its key interest rates unchanged […]
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Russia braced for mammoth rate hike amid fears it’s losing the battle against inflation
A customer with a cart chooses cheese at the Okey supermarket in St. Petersburg. Sopa Images | Lightrocket | Getty Images Russia’s central bank is expected to carry out a mammoth rate hike later this week as inflation continues to soar in the war-focused economy. Russia’s consumer price index continues to rise despite repeated rate […]
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‘If Ukraine fails, war will come to the streets of European cities,’ former foreign minister says
Former Ukrainian Foreign Minister Dmytro Kuleba warned of the potential repercussions for the European Union if Ukraine does not prevail in its fight against Russia, telling CNBC that “if Ukraine fails, war will come to the streets of European cities.” “Putin today has no strengths and powers to fight multiple wars,” Kuleba said, pointing to […]
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Moldova declares state of emergency over fears Russian gas flows via Ukraine will stop
Dorin Recean, Moldova’s prime minister, speaks during the United Nations General Assembly (UNGA) in New York, US, on Friday, Sept. 27, 2024. Bloomberg | Bloomberg | Getty Images Moldova’s parliament on Friday voted to approve a 60-day state of emergency, citing fears of an immediate threat to the security of its citizens ahead of an […]
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Europe can make up the Ukraine funding shortfall if the U.S. withdraws, analysts say
The first General Dynamics F-16 Fighting Falcons received by Ukraine fly on the Day of Ukrainian Air Force on August 4, 2024 in Unspecified, Ukraine. At the event for the Day of Ukrainian Air Force with the participation of President of Ukraine Volodymyr Zelenskyi, the first General Dynamics F-16 Fighting Falcons received by Ukraine were […]
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U.S. unveils $988 million aid package for Ukraine including rockets and drones
U.S. Defense Secretary Lloyd Austin testifies before a U.S. House Appropriations Defense Subcommittee hearing on President Biden’s proposed budget request for the Department of Defense, on Capitol Hill in Washington, March 23, 2023. Michael A. McCoy | Reuters The United States unveiled a $988 million aid package of new arms and equipment to Ukraine for […]
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Ukraine asks NATO for membership invite next week, letter shows
Ukrainian soldiers prepare the M777 artillery, in the direction of Marinka, Ukraine on 15 August 2024. Diego Herrera Carcedo | Anadolu | Getty Images Ukrainian Foreign Minister Andrii Sybiha has urged his NATO counterparts to issue an invitation to Kyiv at a meeting in Brussels next week to join the Western military alliance, according to […]
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Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
Aerial view of the Moscow Kremlin landmarks: St. Basil’s Cathedral, Kremlin, Spasskaya Tower and Red Square Sergey Alimov | Moment | Getty Images Russian authorities are trying to stem panic over the ruble’s sharp fall this week, with the central bank forced to intervene on Wednesday to support the currency. The ruble weakened to 114 […]
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The shipping industry is wrestling with one of its biggest challenges — seafarer shortages
Containers near a berthed cargo vessel at a terminal in the southeastern port city of Busan on Nov. 24, 2024. Anthony Wallace | Afp | Getty Images The shipping industry is contending with a worldwide shortage of seafarers, and it’s fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates. “We […]
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