• U.S. sanctions deepen Russia's economic woes: oil revenue shortfall exceeds expectations by $2 trillion

    In a significant economic blow, U.S. sanctions have driven a massive hole in Russia's critical oil revenue streams. Moscow had forecasted its budget with oil prices at $70 per barrel, yet prices have plummeted below $60.

    Previously, Russians feared the impact of new U.S. sanctions, but the reality has proved to be far more daunting.

    On Tuesday, the Russian government officially conceded that reaching a budget shortfall due to these new sanctions could sum up to 2 trillion rubles. This equates …

  • EU to deliberate troop deployment to Ukraine as part of future peace strategy

    European Union (EU) leaders are set to discuss the potential deployment of EU troops in Ukraine, a decision that hinges on the development of a peace settlement, according to a report by Evropeyska Pravda. The EU's security guarantees for Ukraine, which include the possibility of deploying European military forces on Ukrainian soil, are anticipated to gain traction among European leaders after the cessation of hostilities.

    This topic is expected to feature prominently in the agenda of the EU …

  • Germany poised to block Nord Stream 2 amid U.S.-Russia negotiation concerns

    Germany is set on blocking the Nord Stream 2 pipeline from becoming operational, as it could be part of ongoing discussions between the U.S. and Russia. The country's government is taking assertive steps to prevent the launch of Nord Stream 2 as a potential component of clandestine U.S.-Russia negotiations.

    Germany's government is concerned about the prospect of this pipeline being incorporated into a broader agreement involving Russian gas supplies to Europe, notes the German newspaper Bild. …

  • Lukashenko denies prior knowledge of Russian invasion plans

    Belarusian president Alexander Lukashenko insists he was not informed beforehand of the Kremlin's invasion plans, according to an interview with blogger Mario Nawfal, as reported by "Zerkalo". Despite his claims, journalists exploring the situation uncovered a different sequence of events.

    Lukashenko stated that Belarus would not have defended Ukraine in 2022, even if given prior notice of Russia's actions, due to an "economic war". He clarified that sanctions had been imposed on Belarus …

  • EU Summit faces blockade threats from Hungary and Slovakia over Ukraine support and sanctions against Russia

    Ahead of an urgent EU leaders' summit, Hungary is threatening to block any mention of support for Ukraine in the final statement, while also pledging to veto the extension of EU sanctions against Russia. Additionally, Hungary has already blocked EU security guarantees for Ukraine. Meanwhile, Slovakia is threatening to obstruct the EU summit's decision on further aid to Ukraine unless the issue of resuming Russian gas transit is addressed. How is the EU and Ukraine responding?

    "Israel's War …