Ukraine has taken a significant step towards a sovereign default by suspending foreign debt payments until October 1st. President Volodymyr Zelenskiy signed a law enabling this move, following a preliminary deal with its main bondholders …
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Russia Slaps New Tariffs on Goods from “Unfriendly” Countries
Russia has announced increased import tariffs on consumer goods from countries that support sanctions against it. The tariffs, which take effect seven days after publication and will remain in place until December 31, 2024, target …
Continue readingMH17 Anniversary: Netherlands Commemorates Victims, Calls for Russia to Face Justice
The Netherlands commemorated the 10th anniversary of the downing of Malaysia Airlines Flight MH17 on Wednesday, remembering the 298 victims and calling for Russia to be held accountable. A ceremony was held at the MH17 …
Continue readingItaly to Upgrade F35 Fighter Jets with New Weapons Amidst Growing NATO Concerns
Italy is planning to upgrade the weaponry on some of its F35 fighter jets, a defense ministry document revealed. The move, seen as a response to Russia’s invasion of Ukraine, is part of a wider …
Continue readingUkraine’s Mobilization Drive: Progress Amidst Challenges
Ukraine is facing a difficult task: replenishing its army while battling public fatigue and a grueling war effort. The government has undertaken measures to boost recruitment, including lowering the draft age and streamlining the mobilization …
Continue readingZelensky Plays Down Biden’s Putin Mix-Up, Focusing on US Support for Ukraine
Ukrainian President Volodymyr Zelensky has downplayed US President Joe Biden’s gaffe at a NATO summit, where Biden mistakenly referred to Zelensky as Russian President Vladimir Putin. The incident occurred on Thursday, during a speech where …
Continue readingPoland to Spend 5% of GDP on Defense in 2025, Highest in NATO
Poland is set to significantly increase its defense spending in the coming years, aiming to dedicate 5% of its GDP to military capabilities by 2025. This commitment, announced by Foreign Minister RadosÅ‚aw Sikorski, makes Poland …
Continue readingKremlin Keeps Door Open for Black Sea Grain Deal Resumption, But With Conditions
The Kremlin has stated that it does not rule out any scenarios regarding the possible resumption of the Black Sea grain deal, which expired in July 2023. This comes after Turkish President Recep Tayyip Erdogan …
Continue readingNATO Summit Highlights Divisiveness as Ukraine Urges More Support
The NATO summit in Washington has highlighted internal divisions within the alliance, with Hungary’s actions and China’s growing assertiveness creating a complex landscape. Ukraine, seeking to bolster its fight against Russia, urged NATO to lift …
Continue readingRussia Approves Tax Hikes to Fund War in Ukraine
Russia’s ongoing war in Ukraine has taken a significant toll on the country’s economy. To offset the financial strain and fuel its war effort, the Russian government has taken a drastic step: approving sweeping tax …
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