Ukraine Financial News

Elon Musk has chipped into the online discourse on the United States government's financial package to Ukraine, with recent his posts on self-owned social media site X suggesting that he supports calls for a ceasefire in the Russia-Ukraine war and the allocation of funds towards American infrastructure projects instead. Replying to multiple user opinions on venture capital founder David Sacks' thread on the subject on X, Musk said a peace deal should have been "done a year ago", adding that Russia looks poised to win the war with Ukraine. Also Read | Russia-North Korea ties: Vladimir Putin gifts ‘luxury car’ to Kim Jong Un Responding to an X user who wrote: "It is time for a ceasefire and peace talks between Ukraine and Russia.

Russia’s Sokol crude — meant for delivery to India — are sitting on tankers idling off the coasts of Malaysia and South Korea. They show little sign of moving. Twelve tankers are anchored, holding the key Russian crude grade. Most haven’t moved far for more than a month, vessel tracking data compiled by Bloomberg show. The build-up started when ships carrying the crude to ports around the Indian coast came to a halt late last year and then turned back towards the South China Sea as December drew to a close. Since then, the stranded shipments have been added to at a rate of about two new cargoes a week.

Russian investigators have yet to determine the official cause of opposition leader Alexei Navalny's death, his spokeswoman said on Monday, after prison authorities said he suddenly dropped dead following a walk in the «Polar Wolf» penal colony. Navalny's death robs Russia's disparate opposition of its most charismatic and courageous leader as President Vladimir Putin prepares for an election that will keep him in power until at least 2030.

Canada will donate more than 800 drones to Ukraine that will help its military forces detect and identify targets as it continues to fight Russia’s invasion, Defence Minister Bill Blair announced Monday.

MOSCOW (Reuters) -Russian President Vladimir Putin gave approval on Monday for HSBC to sell its Russian unit to privately-owned Expobank, paving the way for the British lender to extricate itself from the Russian market after months of negotiations.

Almost 30 years ago, Gail Bocknek turned on the evening news and watched dumbfounded as a man who had worked for her family for decades was identified as a Nazi war criminal.

A U.S. shale boom that helped suppress oil-price surges over the past two years is waning. The country’s crude oil output is expected to increase by just 170,000 barrels a day in 2024 from last year, down from a jump of 1 million barrels a day in 2023, according to federal record-keepers.

The number of passengers flying through Dubai International Airport has surged in the last year beyond its total for 2019 — just before the coronavirus pandemic grounded global aviation

Japan is hosting a conference for Japanese and Ukrainian officials to discuss reconstruction of Ukraine just ahead of the two-year anniversary of Russia’s invasion, while the U.S. and other Western countries are still focusing on military aid for the b...

Indian Army, with a strength of 12 lakhs, is preparing for a significant upgrade of its current tanks and the induction of new-generation tanks for future battles. In a TOI report, senior officers have stated that the extensive destruction of Russian tanks in the ongoing Ukraine conflict, primarily in the initial days, was more due to «poor tactics» than anything else. They noted that Russia deployed tanks without adequate logistics support and failed to provide sufficient backup from infantry, artillery, electronic warfare, and close-air support units. According to a senior officer, "Combined-arms operations" were critical and missing in the conflict. Tanks remain essential for both offensive and defensive operations, offering mobility, firepower, and armored protection crucial for large-scale ground battles.

Nikki Haley assailed Donald Trump’s foreign policy, condemning criticized Donald Trump's approach to foreign policy, particularly highlighting his failure to speak out against the death of Russian opposition figure Alexey Navalny. As reported by Bloomberg, Hayley said Sunday on ABC’s This Week, “Either he sides with Putin and thinks it’s cool that Putin killed one of his political opponents, or he just doesn’t think it’s that big of a deal.

WASHINGTON (Reuters) — Democratic U.S. Senator Michael Bennet opposes President Joe Biden's decision to pause approvals of new exports of liquefied natural gas, saying on Sunday that it could undercut U.S. efforts to supply gas to Europe as it replaces Russian exports.

Russia conducted a series of secret military satellite launches around the time of its invasion of Ukraine in early 2022, U.S. intelligence officials began delving into the mystery of what, exactly, the Russians were doing. Later, spy agencies discovered Russia was working on a new kind of space-based weapon that could threaten the thousands of satellites that keep the world connected. In recent weeks, a new warning has circulated from U.S. spy agencies: Another launch may be in the works, and the question is whether Russia plans to use it to put a real nuclear weapon into space — a violation of a half-century-old treaty. The agencies are divided on the likelihood that President Vladimir Putin would go so far, but nonetheless the intelligence is an urgent concern to the Biden administration.

Russia on Sunday said it had full control of the Ukrainian town of Avdiivka after Ukraine withdrew though Moscow said that some Ukrainian troops were still holed up in a vast Soviet-era coke plant after one of the most intense battles of the war. The fall of Avdiivka is Russia's biggest gain since capturing the city of Bakhmut in May 2023, and comes almost two years to the day since President Vladimir Putin triggered a full-scale war by ordering the invasion of Ukraine. Russia's defence ministry said its troops had advanced 8.6 km (5.3 miles) in that part of the 1,000-km (620-mile) front line, and that Russian troops were pressing forward after a deadly urban battle that has left the town an almost completely depopulated wreck.

‘Smart enough to have multiple options,’ Jaishankar hails India's diplomatic versatility, Antony Blinken smiles Sino-U.S. relations have shown signs of improvement in recent months as both sides took steps to re-establish channels of communication after ties between the two global superpowers sank to their lowest levels in decades. But many points of friction remain.

Russian President Vladimir Putin personally sent congratulatory messages to his troops An ‘artificial deficit’ of arms for Ukraine risks giving Russia breathing space, President Volodymyr Zelenskyy said on withdrawing troops from Avdiivka. He further highlighted the need for artillery and long-range weapons.

Antony Blinken and German Foreign Minister Annalena Baerbock, Jaishankar emphasized India's commitment to maintaining relationships with both the United States and Russia amid ongoing geopolitical challenges. In response to inquiries about India's foreign policy objectives, particularly amidst perceptions of a transition from “non-alignment to multi-alignment," Jaishankar said, “Is that a problem, why should that be a problem? If I am smart enough to have multiple options, you should be admiring me.

(Corrects to remove erroneous reference to Italy about to approve new aid package for Ukraine)

Navalny's death was ascertained, his mother was told on Saturday that Russian leader was struck down by "sudden death syndrome" and that his body would not be handed over to the family until an investigation was completed, his team was quoted by Reuters as saying. Navalny's death brought back into focus other critics and foes of Putin who died in "mysterious" circumstances. Here's a look at some other foes of Russian President Putin and their “mysterious fate": Yevgeny Prigozhin and the top lieutenants of his Wagner private military company were killed in a plane crash in August 2023.

BERLIN (Reuters) — German defence company Rheinmetall plans to open an ammunition factory in Ukraine as part of a joint venture with a Ukrainian partner, it said on Saturday.

By John Irish