Ukraine
CNBC’s Inside India newsletter: Iran-Israel war sparks fresh interest in India’s defense sector
Hello, this is Ganesh Rao, writing from London. This week, I look into how the Israel-Iran conflict was a reminder of India’s vulnerabilities — and the opportunities emerging from the crisis. The Indian Army’s Brahmos missile system takes part Rehearsal in full swing ahead of the Republic Day Parade 2025, at Kartavya Path on January […]
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NATO allies agree to higher 5% defense spending target
Mark Rutte, secretary general of the North Atlantic Treaty Organization (NATO), left, and U.S. President Donald Trump, during the NATO summit in The Hague, Netherlands, on Wednesday, June 25, 2025. Bloomberg | Bloomberg | Getty Images NATO allies on Wednesday agreed to more than double their defense spending target from 2% of gross domestic product […]
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Russia watches on as ally Iran is pummeled — and it’s unlikely to go to Tehran’s rescue
Russian President Vladimir Putin tours an exhibition at the Central Museum of the Great Patriotic War on Poklonnaya Gora in Moscow, Russia, April 30, 2025. Alexander Kazakov | Via Reuters Russia’s response to Iran’s call for help is being closely watched on Monday after the U.S. bombed Tehran’s nuclear facilities over the weekend — but […]
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As G7 leaders meet, allies ask: Is Trump with us or against us?
U.S. President Donald Trump raises a fist as he steps off of Air Force One upon arrival at Calgary International Airport, before the start of the G7 summit, in Alberta, Canada, June 15, 2025. Dave Chidley | Afp | Getty Images Ongoing trade instability and turmoil in Ukraine and the Middle East are set to […]
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Russian ruble: The curious case of the world’s best-performing currency this year
A Russian ruble coin with a U.S. dollar bill and a quarter dollar coin in Moscow, on Oct. 10, 2023. Alexander Nemenov | AFP | Getty Images In the midst of a long-drawn war, declining oil prices, stiff sanctions, and an economy that’s on the downhill, Russia’s ruble has been rising. In fact, it is […]
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Ukraine attack on Russian nuclear bombers overshadows peace talks in Turkey
The Russian and Ukrainian delegations leave after the second round of Ukraine-Russia peace talks at Ciragan Palace on June 2, 2025 at in Istanbul, Turkey. Chris Mcgrath | Getty Images News | Getty Images Peace talks between Russia and Ukraine in Istanbul ended barely an hour after they began on Monday, a day after a […]
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Ukraine destroyed more than 40 military aircraft in a drone attack deep inside Russia, official says
Smoke rises above the area following what local authorities called a drone attack on a military unit in the Sredny settlement, in the course of Russia-Ukraine conflict in the Usolsky district of the Irkutsk region, Russia, in this still image from a video published June 1, 2025. Governor Of Irkutsk Region | Via Reuters A […]
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Russia’s struggling war economy might be what finally drives Moscow to the negotiating table
Russian President Vladimir Putin tours an exhibition at the Central Museum of the Great Patriotic War on Poklonnaya Gora in Moscow, Russia, April 30, 2025. Alexander Kazakov | Via Reuters Russia has shown little appetite for peace negotiations with Ukraine, despite Moscow making a show of what war experts described as “performative ceasefires,” and a […]
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UK government borrowing costs jump, sterling rallies as Britain and EU agree to reset relations
U.K. bond yields rise after UK-EU deal British government bond yields are also on the rise in the wake of the EU and the U.K. agreeing to reset their post-Brexit relations. Yields on 10-year U.K. government bonds, known as gilts, were up by around 7 basis points at 9:58 a.m. in London. Bond yields and […]
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Putin and Trump leave Zelenskyy in the dust, skipping peace talks in Turkey
Donald Trump (L) and Russia’s Vladimir Putin arrive to attend a joint press conference after a meeting at the Presidential Palace in Helsinki, on July 16, 2018. Yuri Kadobnov | Afp | Getty Images Hopes that Ukraine and Russia’s leaders would meet for peace talks in Turkey on Thursday were dashed as Kremlin leader Vladimir […]
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