Frankfurt: Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a US proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. But the ministers left a final deal to be worked out ahead of a June summit of national leaders. “We are making … Read more
Russian troops are ramping up pressure on exhausted Ukrainian forces to prepare to seize more land this spring and summer as muddy fields dry out and allow tanks, armoured vehicles and other heavy equipment to roll to key positions across the countryside. With the war in Ukraine now in its third year and a vital … Read more
The UN body has previously documented a few cases of ill-treatment by Ukrainian forces of Russian detainees . File. | Photo Credit: AP A United Nations commission of inquiry on Ukraine said on March 15 that it had gathered more evidence that Russia has systematically tortured Ukrainian prisoners of war, documenting rape threats and the use … Read more
Washington: Congress passed another short-term spending measure Thursday that would keep one set of federal agencies operating through March 8 and another set through March 22, avoiding a shutdown for parts of the federal government that would otherwise kick in Saturday. The bill now goes to President Joe Biden to be signed into law. The … Read more
Western powers butted heads over how to handle frozen Russian assets on Wednesday as G20 finance ministers kicked off a discussion of challenges for the global economy, trying to set aside deep geopolitical divisions. Brazilian officials hosting the two-day meeting in Sao Paulo sought to focus talks on economic cooperation to tackle issues such as … Read more
Davos: Be it conflicts in Gaza or Ukraine, climate change threats in Antarctica or Amazon, AI generating a monster like deepfake and its threat to elections, or debt crisis in emerging markets to developed world — problems are aplenty and all have suddenly reached this small ski resort town on the Alps. Once known for … Read more
A girl uses her mobile phone while she sits on a swing at a compound of residential houses heavily damaged during a Russian drone strike, amid Russia’s attack on Ukraine, in Odesa, Ukraine on January 1, 2024. | Photo Credit: REUTERS Russia launched a record 90 Shahed-type drones over Ukraine during the early hours of … Read more
European Union leaders decided on Thursday to launch formal membership talks with Ukraine, providing a much-needed boost for Kyiv amid uncertainty over the future of vital wartime foreign assistance. Brussels offered Kyiv candidate status four months after Moscow’s February 2022 invasion, prompting a rush by Ukrainian authorities to reform priority areas identified by the European … Read more
In this photo released by The State Duma, Russia’s Finance Minister Anton Siluanov (right) attends a session at the State Duma, the Lower House of the Russian Parliament in Moscow, Russia. | Photo Credit: AP The lower house of Russia’s parliament, the State Duma, on November 17 approved its biggest-ever federal budget which will increase … Read more
Relatives of Ukrainian servicemen attend a protest calling for legislation regulating the length of active military duty and the frequency of frontline rotation in Kyiv, amid Russia’s attack on Ukraine, November 12, 2023. | Photo Credit: REUTERS Ukraine said Sunday a blast triggered by “local resistance movements” in the Moscow-controlled Ukrainian city of Melitopol the … Read more