• Wall Street Journal reporter Evan Gershkovich sentenced to 16 years in Russian penal colony

    Wall Street Journal journalist Evan Gershkovich has been sentenced to 16 years in a high-security penal colony in Russia. The court's decision was delivered after closed-door sessions. The Sverdlovsk Regional Court sentenced the Wall Street Journal correspondent to 16 years of imprisonment on charges of espionage. The prosecution had sought an 18-year sentence for the journalist. Gershkovich denies the charges, reports Meduza.

    The court completed its investigation over two sessions held on …

  • Zelensky questions Trump's claim to end Ukraine war in 24 hours

    Ukrainian President Volodymyr Zelensky has responded to former US President Donald Trump's claim that he could end the war in Ukraine within 24 hours.

    "Everyone would be happy if a single person in the world, regardless of who it is—let's say Donald Trump—could stop the war in 24 hours. But the question is, at what cost and who will pay it," Zelensky said in an interview with BBC.

    Zelensky believes that the cost would ultimately fall on Ukraine.

    "I'm not suggesting that his (Trump's) idea is …

  • Euroclear to channel €1.55 billion from blocked Russian assets to Ukraine

    Euroclear, the international securities depository, has announced it will contribute approximately €1.55 billion to the European fund for Ukraine from investments of blocked Russian assets by July this year.

    According to Euroclear's report released on Friday,July 19th, for the first half of 2024, Euroclear realised €3.4 billion in interest income from investing these frozen Russian assets, compared to roughly €4.4 billion in 2023 and €821 million in 2022.

    Euroclear's overall interest income …

  • Russia slashes gas prices for Iran after losing European market

    Russia is willing to supply natural gas to Iran at a 75% discount compared to European and Turkish prices.

    Facing a significant loss of its European gas market, Russia is desperately seeking buyers in alternative markets and is compelled to agree to what some see as humiliating terms for selling its gas. This situation affects even the so-called "friendly" routes for the Kremlin.

    An illustrative example is the reported readiness of Russia to supply gas to Iran at a 75% discount compared to …

  • German Chancellor Olaf Scholz rejects Zelensky's plea for NATO to intercept Russian missiles over Ukraine

    German Chancellor Olaf Scholz has dismissed Ukrainian President Volodymyr Zelensky's plea to Western allies to use their weaponry to shoot down Russian missiles and drones over Ukrainian territory, reports the German news agency dpa.

    At a press conference following the European Political Community summit in Woodstock, UK, where Volodymyr Zelensky was also present, Scholz once again rejected Zelensky's request to lift restrictions on using Western weapons for strikes on Russian territory.

    When …