Russia’s central bank took decisive action on Tuesday by implementing a significant interest rate hike of 3.5 percentage points. This emergency measure aims to combat inflation and bolster the ruble, which has been plummeting in value since the war with Ukraine began. The rate hike, which brought the key rate to 12%, was announced after …
Decrease article font size Increase article font size Ukraine’s Russian-occupied Zaporizhzhia nuclear plant experienced another loss of connection to its main external power line during the night and had to switch to a reserve line, according to state-owned power generating company Energoatom on Thursday. Energoatom stated that Europe’s largest nuclear power plant was on the …
A major Russian port on the Black Sea, Novorossiysk, was attacked by Ukrainian sea drones, resulting in damage to a naval ship, according to a Ukrainian official. This attack is part of a series of strikes inside Russia as Kyiv has pledged to bring the fight to their doorstep. Moscow claims to have repelled the …
Russia launched an attack on Ukraine’s main inland port on the Danube River, causing a surge in global food prices and further escalating the conflict. The attack damaged a grain silo in the port of Izmail, which is a crucial route for Ukraine’s grain exports. The Ukrainian defense ministry expressed concern about the impact on …
Decrease article font size Increase article font size The Ukrainian military reported making significant progress against Russian forces in southern Ukraine and south of Bakhmut in the east. In an ongoing counteroffensive, Ukraine aims to push Russian forces back in eastern Ukraine and advance towards the southern coast to disrupt the land bridge between Russia …
Russian authorities have accused Ukraine of launching a drone attack on Moscow, resulting in one of the drones falling near the Defence Ministry’s main headquarters. Additionally, the Russian military has carried out strikes on port infrastructure in southern Ukraine. Moscow Mayor Sergei Sobyanin stated that there were no casualties from the drone strikes in Moscow. …
Three days after Russia’s withdrawal from the Black Sea grain deal, the Indian government made an announcement on Thursday that it will immediately halt the export of non-Basmati white rice. The timing of this decision coincides with a global heatwave, raising concerns about food supply chain security worldwide. India currently accounts for over 40% of …
Russian President Vladimir Putin categorically denied the existence of the Wagner private military company, stating that there is no legal recognition for such organizations. This statement comes in response to the group’s failed revolt last month, which posed a significant threat to Putin’s rule during the ongoing conflict in Ukraine. In an interview with a …
A Russian general claims that he was removed from his position as a commander after bringing attention to the dire situation in Ukraine. He accuses the top military brass of betraying Russian soldiers and causing their deaths. President Vladimir Putin has chosen to retain the Defense Minister and Chief of the General Staff despite the …
During the NATO summit in Vilnius, Lithuania, Prime Minister Justin Trudeau stated that Russian President Vladimir Putin’s plan to “wait out and grind down” NATO and Ukraine will not succeed. Trudeau emphasized Canada’s commitment to standing by Ukraine for as long as necessary to support its security. He also announced that Canada will be training …