Jefferies on India, a happy buyer of Russian oil: Trump, Putin & sanctions risk

Trade war: Jefferies, in its latest GREED & fear note, said that US President Donald Trump’s threat to impose “secondary tariffs” after a 50-day deadline — unless Russian President Vladimir Putin backs down — could escalate a trade war with both...

The EU targets Russia’s energy revenue and shadow fleet with new sanctions over Ukraine war

EU's top diplomat Kallas reveals details of EU's 18th sanctions package against Russia, finally adopted

Kaja Kallas. Photo: Kaja Kallas on Facebook The 18th package of sanctions against Russia includes over 100 shadow fleet vessels, a lower price cap on Russian oil and measures targeting banks and companies outside the Russian Federation involved in...

Injuries, Damage Reported As Russians Attack Chuhuiv In Kharkiv Region

(MENAFN- UkrinForm) This was reported by the Mayor of Chuhuiv on Telegram , according to Ukrinform. "Around 4:40, the enemy launched a strike at one of the town's residential neighborhoods. This time, four people were injured and are already...

Ukraine-Russia war latest: Macron says new package of EU sanctions on Moscow is ‘unprecedented’

Germany's Merz casts doubt on Ukraine's EU entry by 2034 German chancellor Friedrich Merz yesterday cast doubt on the possibility of Ukraine joining the European Union by 2034, saying accession was unlikely to come at a point affecting the bloc's...

What Does Climate Change Mean for Agriculture? Less Food and More Emissions.

By Frida Garza, Grist “This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.” New research spotlights the challenge of growing food on a warming planet. Two recent studies — one historical and the other...

Ukrainian drones reportedly attack Moscow for second night in a row

Moscow came under drone attack for the second consecutive night, with explosions also reported in several other Russian oblasts, local Telegram channels and the Defense Ministry said on July 18. Moscow Mayor Sergei Sobyanin said four Ukrainian...

Slovakia Relents Under Pressure, Clearing Path for New EU Sanctions on Russia

EU countries have reportedly reached a consensus on the bloc’s 18th round of sanctions against Russia, according to reports from Radio Free Europe/Radio Liberty (RFE/RL) and the German Press Agency (DPA) on July 18. Citing sources, the reports...

EU Approves New Russia Sanctions Package Including Key Oil Price Cap

The European Union has approved its latest sanctions package, the 18th since the full-scale Russian invasion of Ukraine over three years ago, including a key price cap on Russian oil exports. "We are striking at the heart of Russia's war machine....

EU's new Russia sanctions aim for more effective oil price cap

By Andrew Gray and Lili Bayer BRUSSELS (Reuters) -The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry....

EU Cracks Down on Russia With 18th Sanctions Package, Oil Cap Cut to $45

European Union countries on Friday approved a new package of sanctions against Russia over its ongoing war in Ukraine, including a sharper limit on Moscow’s oil revenue and new restrictions targeting its financial and energy sectors, EU officials...

The EU and UK hit Russia with new sanctions. Moscow's energy revenue and spies are targeted.

BRUSSELS – The European Union and Britain on Friday ramped up pressure on Russia over its war on Ukraine, targeting Moscow's energy sector, shadow fleet of aging oil tankers and military intelligence service with new sanctions. “The message is...

Ukraine to boost domestic arms production to counter Russian forces, says Zelensky

KYIV — Ukraine's new government has approved plans to expand domestic arms production to meet half the country’s weapons needs within six months as it tries to push back Russian forces, President Volodymyr Zelensky said on Thursday. "We are...

Russian drones hit Dnipro logistics facility, causing death and disruption

In Dnipro, 12 enemy drones struck the terminal of the logistics company Delivery overnight on July 17, resulting in the death of an employee and injuries to two others. The company reported the incident on Facebook, according to Ukrinform. “During...

Over 70 drones attack Moscow Oblast and eight other Russian regions – videos

Air defence responding. Photo: Astra Drones attacked nine Russian regions on the night of 17-18 July, including Moscow, Bryansk, Oryol and Nizhny Novgorod oblasts, with flight restrictions imposed at airports. Source: Astra and other Telegram...

Russian banks may seek recapitalisation due to prospect of crisis

Stock Photo: Getty Images The heads of some of Russia's largest banks have discussed the possibility of seeking financial assistance from the Russian government if the level of non-performing loans on their balance sheets continues to deteriorate...

Russia sanctions globe’s biggest truck manufacturer

(MENAFN) Russia has placed sanctions on Daimler Truck, the world’s largest truck manufacturer and a key supplier to the German military. This decision, outlined in a government decree last week, targets the German company due to its previous ties...

Who is Yulia Svyrydenko? Ukraine's new PM appointed by Zelenskyy, amid war with Russia, she brokered deal with Trump administration, it was...

In a major reshuffle in five years, Ukrainian President Volodymyr Zelenskyy has appointed Yulia Svyryenko, a 29-year-old seasoned economist, as the 19th prime minister of Ukraine. She will replace outgoing Prime Minister Shmyhal. In a major...

Russia’s Wildberries launches pilot express meal delivery service

Russia-based e-commerce platform Wildberries has introduced a pilot programme providing express delivery of ready-made meals sourced from local restaurants and cafés. This service will initially be available in selected districts of Moscow and St...

Russian Banks Have Discussed Seeking Bailouts Within Next Year

Top executives at some of Russia’s biggest banks have privately discussed seeking a state-funded bailout if the level of bad loans on their books continues to worsen over the next year. At least three lenders identified as systemically important...