Ukraine Financial News

Su-34 fighter-bomber aircraft on Friday on the southern front, hailing it as a success in the 22-month-old war. The Russian military made no mention of the incident. But Russian bloggers acknowledged the loss, and analysts suggested U.S.-supplied Patriot missiles had probably been used. Reuters could not independently confirm the reports. «Today at noon in the southern sector — minus three Russian Su-34 fighter-bombers!» Ukrainian Air Force Commander Mykola Oleshchuk wrote on the Telegram messaging app. Air Force spokesperson Yuri Ihnat described it on national television as a «brilliantly planned operation.» «There haven't been Su-34s for some time in our positive statistics,» he said, citing the model as one of Russia's most modern aircraft for bombing and other assaults. Zelenskiy in his nightly video address praised the Odesa region anti-aircraft unit for downing the planes in Kherson region. The region was occupied in the first days of Moscow's February 2022 invasion.

White House on Friday said it was closely monitoring Houthi attacks on ships in the Red Sea, but did not expect the situation to have a significant impact on holiday prices or the availability of products. Lael Brainard, director of the White House National Economic Council, told reporters that the U.S. economy was proving resilient, with inflation having come down faster than even the more optimistic forecasts had indicated, the labor market rebounding, and growth remaining solid.

Joe Biden on Friday signed an executive order threatening penalties for financial institutions that help Russia circumvent sanctions, the White House said in a statement, as Washington seeks to increase pressure on Moscow. The order also gives Washington the ability to broaden import bans of certain Russian goods, such as seafood and diamonds, the White House said.

Japan said on Friday it would prepare to ship Patriot air defence missiles to the United States after revising its arms export guidelines earlier that day, in the pacifist nation's first major overhaul of such export curbs in nine years. The announcement comes as Japan, which had long adopted a stance of not allowing exports of deadly weapons, seeks to boost its defence industry amid an increasingly tense security environment in the Indo-Pacific. «This holds significant meaning in terms of further strengthening the Japan-U.S. alliance.

COVID LIVE UPDATES A report by Moneycontrol mentioned that the Serum Institute of India (SII) currently offers a vaccine against the XBB1 variant of Covid-19, which is "similar" to the JN.1 variant. The spokesperson told the business website that SII would share the documents with the public once they are submitted to the regulators. Mint could not officially verify the report.

Beaming at every turn, North Korean dictator Kim Jong Un toured the jewels of Russia’s military industries in September. A guest of President Vladimir Putin, he gawked at the plant making Su-35 jet fighters, inspected a Russian Navy frigate and examined the Kinzhal missiles at the Vostochny spaceport. Soon thereafter, trainloads of North Korean artillery shells started rolling to Russian troops in Ukraine—by American calculations, as many as one million munitions, or roughly three times what European nations had been able to supply in a whole year.

China’s prospects for 2024 look uncertain, as a year that opened free of COVID-19 lockdowns winds down without the dreamed of robust recovery for the world’s No. 2 economy

The European Union has paid the final tranche of a multibillion-euro support package to Ukraine to help keep its war-ravaged economy afloat this year

Russia continued to be the top source for India’s oil imports in October, accounting for nearly 30% of the crude brought into the country, official data showed. At $3.78 billion, the value of the crude oil supply from Russia increased 44% year-on-year (y-o-y) in October from $2.62 billion in October 2022. On a sequential basis, too, crude imports from that country increased 9% from $3.48 billion in September 2023, commerce ministry data showed.

mouse fever’ which includes symptoms such as bleeding eyes and vomiting. According to the HUR or the Main Intelligence Directorate in the country, the disease has spread across Kupyansk among the Russian troops present there. At the time of the outbreak, the troops were facing shortages of winter supplies.

Kenneth Andrade, Founder & CIO of Old Bridge Capital Management, anticipates a potential market downturn in the coming year. According to the expert, macro events could be the catalyst for such a decline, with factors such as a global crisis, a country's balance sheet implosion, or a drying up of liquidity in the market being potential triggers. Andrade suggests that a significant macroeconomic event has the potential to remove liquidity from the market.

To placate a war-weary population, Russia has doled out billions of dollars of cheap loans for its citizens to buy new homes. That money is now creating an economic headache that few predicted: a fast-building housing bubble. A debt-fueled surge in housing prices, along with fast-rising inflation, has exposed stark divisions among Russia’s leaders even as the battle rages on in Ukraine.

World Bank's latest migration and development report, owes itself to the tight labour market conditions in the West and the hastened economic recovery in West Asia due to last year's surge in oil prices following the Russia-Ukraine war. Both factors have, however, played themselves out with the central banks weakening global economic activity through a series of interest rate hikes, which, in turn, has had an adverse effect on demand for oil. The effects are visible in the growth rate of remittances to India, which have halved from the previous year and are headed for pre-Covid levels thereafter. The bump in remittances helped India paper over a burgeoning trade deficit on higher oil prices alongside a flight of capital from its equity market.

Germany’s federal prosecutor has filed a motion for asset forfeiture concerning more than 720 million euros or $789 million of frozen Russian money

Former Chelsea owner Roman Abramovich has lost in his legal attempt to overturn sanctions imposed by the European Union for his role in the Russian invasion of Ukraine

Donald Trump Wednesday delivered a chilling message at a 2024 campaign rally in Iowa, cautioning that World War III is imminent, with the possibility of global destruction. The former US president expressed grave concerns about the world teetering on the edge of World War III. He stressed that the danger is not akin to a conventional war but could result in complete extinction due to the destruction potential of modern weaponry.

MOSCOW (Reuters) -A Russian court fined Alphabet (NASDAQ:GOOGL)'s Google on Wednesday 4.6 billion roubles ($50.84 million) for failing to delete so-called «fake» information about the conflict in Ukraine, the TASS news agency reported.

Britain and France are reiterating their determination that Russia’s invasion of Ukraine must end in failure

Ukrainian President Volodymyr Zelenskyy says he's certain the United States will make good on its promise of further billions of dollars for Kyiv to continue its fight against Russia

The tide turned against inflation

energy transition over the next decade isn’t technology or politics. It’s money. Reconfiguring the world’s power systems to eliminate carbon emissions is going to be a multi-trillion dollar investment project.