• Ukraine secures third EU tranche from frozen Russian assets for reconstruction efforts

    Ukraine has been granted €1 billion under the G7 initiative, sourced from revenues of frozen Russian assets.

    The European Union transferred €1 billion to Ukraine as part of the Extraordinary Revenue Acceleration (ERA) initiative, announced Prime Minister Denys Shmyhal on Telegram.

    "The EU has transferred €1 billion to Ukraine under the ERA initiative. This was announced during our meeting with EU Commissioner for Economics and Financial Affairs, Valdis Dombrovskis, in Brussels. This marks the …

  • China denies military involvement in Ukraine amid reports of captured nationals

    China has not deployed its military personnel to Ukraine to fight alongside Russia, and Beijing insists its citizens avoid getting involved in any hostilities, Chinese Foreign Ministry spokesperson Lin Jian stated on Wednesday, April 9. This response came amid reports of alleged Chinese mercenaries being captured by Ukrainian forces.

    "The Chinese government has consistently urged its citizens to stay away from conflict zones, and to avoid involvement in any form, specifically abstaining from …

  • Former Ukrainian Armed Forces Chief reveals US-Ukraine joint operations hub in Germany

    Valeriy Zaluzhnyi, former commander-in-chief of the Ukrainian Armed Forces (AFU), has confirmed the existence of a joint US-Ukrainian operations hub in Wiesbaden, Germany, which was crucial in planning military operations for Kyiv.

    “Last week, much was said about Wiesbaden. This hub was indeed our secret weapon with partners, aiding in the planning of operations and identifying the requirements for their execution. I’ll give you a peek behind the curtain on how it was established," Zaluzhnyi …

  • Europe holds the cards: EU's sanctions could make or break Russian economy

    Contrary to Kremlin propaganda, time doesn't heal – sanctions are gradually strangling the Russian economy, and it's Europe that holds the key to Russia's economic fate. Despite Washington's loud announcements, the critical mechanism of sanction pressure on Russia is not in the US but in the hands of the European Union, reports the French newspaper Le Monde, explaining that it is Europe, not America, who has the real power to paralyze the Kremlin's economy. While Moscow celebrates progress in …

  • Trump's tariffs shake Russia's economy: National Wealth Fund dwindles amid oil price collapse

    Russia is grappling with significant challenges due to U.S. President Donald Trump's tariffs. The collapse in oil prices, triggered by the U.S. tariff war, has had a devastating impact on Russia's oil industry and, consequently, its financial system. The Russian Finance Ministry is compelled to dip into the "rainy day" fund again—the National Wealth Fund (NWF), reports The Moscow Times.

    The introduction of U.S. tariffs has triggered a decline in global oil demand, leading to a drop in prices. …