Russia faces major trade disruption as Chinese banks reject Yuan payments
Russian importers are grappling with a new significant issue in their transactions with China. Payments in yuan bought in Russia are increasingly being rejected, causing alarm among market participants, reports The Moscow Times. Both Chinese banks and payment agents handling transfers to the East via third countries are wary of dealing with such funds, sources say.
Market insiders revealed that new terminologies— "clean" and "dirty" yuan—have emerged in the cross-border payments sector since …
Protests erupt in Southern Russia over prolonged power outages
Southern regions of Russia, grappling with an energy collapse, are witnessing spontaneous demonstrations.Unplanned protests have erupted across cities and villages in southern Russia due to widespread power outages. In Krasnodar, people blocked the road, demanding the restoration of electricity. Serious power issues in Russia’s southern regions and annexed Crimea began on July 16 when one of the reactors at the Rostov Nuclear Power Plant was abruptly shut down. Russian authorities claim the …
Ukrainian drones target Rostov region military airfield, triggering fire and explosions
Ukrainian drones attacked multiple targets in the Rostov region, including the Miliorovo military airfield where a fire broke out.
There were also reports of likely night-time strikes near the settlement of Dolotinka, with explosions heard in the vicinity of an oil depot.
The Ukrainian OSINT project "CyberBoroshno" has also geolocated the UAV impact sites and shared photos of the fire at the airfield. No reports on damaged equipment have been provided yet.
The Governor of the Rostov region, …
Zelensky congratulates Trump on GOP nomination and discusses peace efforts in Ukraine
Ukrainian President Volodymyr Zelensky had a telephone conversation with the 45th President of the United States, Donald Trump, congratulating him on securing the Republican Party's nomination for the upcoming presidential elections in November, reported the Office of the Ukrainian President.
During the call, Zelensky condemned the recent assassination attempt on Trump's life and wished him absolute safety in the future.
President Zelensky expressed gratitude for the crucial support Ukraine …
Poland initiates training and enlistment for Ukrainian Volunteer Brigade
Several thousand Ukrainians residing in Poland have already registered to join the Ukrainian Legion. The country is preparing to train its first brigade of Ukrainian volunteers.
Polish authorities will not actively seek out Ukrainian nationals within the country to recruit them for the Ukrainian Legion, said the country's Deputy Minister of Defence, Paweł Zalewski, during a broadcast on Polish Radio.
"The provisions in the security agreement concerning the creation of the legion in Poland …