UAE banks begin blocking payments made by Russian companies for electronics bought in China
In August, banks in the United Arab Emirates (UAE) began blocking payments for electronic components and consumer electronics purchased by Russian companies, according to a report published on Wednesday, August 28 by the Russian business daily Kommersant.
The payments are reportedly blocked even in cases where the goods do not enter the UAE.
"Russian organizations have been using UAE-based companies as intermediaries to transfer funds for electronics to China, with the goods directly shipped …
Ukrainian Forces resume push into Kursk region
Russian Telegram channels and media outlets are reporting that the Ukrainian army has resumed its advance deeper into the Kursk region, targeting several populated areas.
After several days of relative calm, the frontline in the Kursk region is once again active, according to the Russian Defense Ministry-affiliated Telegram channel "Rybar." However, it remains unclear if the reported movements represent actual advances or simply the stabilization of existing positions. The Ukrainian project …
Ukrainian Forces reportedly attempt breakthrough in Russia's Belgorod region
On the morning of August 27, Ukrainian military forces reportedly attempted to break into the Belgorod region of Russia.
The pro-Kremlin Telegram channel Shot was the first to report on the attempted breakthrough in Belgorod. According to the channel, approximately 60 Ukrainian soldiers initiated the operation around 8:00 AM near the village of Nekhoteevka. The group allegedly included eight armored vehicles.
Later, reports surfaced of 200 Ukrainian soldiers and several infantry fighting …
Zelensky to present Ukraine’s comprehensive victory plan to Biden in September
In September, President Volodymyr Zelensky is set to present a comprehensive victory plan for Ukraine to his American counterpart, President Joe Biden. The plan, as Zelensky outlined during a press interaction, covers various critical areas, reports Ukrainska Pravda
According to Zelensky, one aspect of the victory plan includes a military operation by the Armed Forces of Ukraine in the Kursk region.
"The second component is Ukraine's strategic position in global security infrastructure. The …
China and Saudi Arabia halt crucial MDI chemical shipments to Russia amid sanctions
In a significant development, China and Saudi Arabia have stopped the supply of irreplaceable chemical products to Russia. Currently, Russia is entirely dependent on imported MDI, especially following the European Union's 14th sanctions package.
According to the Polish newspaper Rzeczpospolita, Chinese giant Wanhua Chemical Group and Saudi firm Sadara Chemical have ceased shipments of isocyanates (MDI) to Russia. This chemical is crucial in sectors like automotive, construction, and household …