Ukraine Financial News

The United States is at risk of another damaging government shutdown, potentially as soon as the end of September

Kramatorsk, a front-line city in Ukraine's Donetsk region, a group of individuals gathers in a basement three times a week. Their purpose? To find respite from the relentless shelling that reverberates through their lives, courtesy of Russian artillery.

Russia said it thwarted a coordinated Ukrainian attack on Crimea early on Sunday, while drones also targeted Moscow, disrupting air traffic in the capital, and caused a fire at an oil depot in the southwest of the country. Ukraine in recent days has launched a series of strikes on Russian military targets in occupied Crimea and the Russian Navy Black Sea Fleet's facilities, seeking to undermine Moscow's war efforts in the critical region. Attacks deep inside Russia, far from the front lines, have also increased, with Moscow's mayor saying at least two drones were shot down in the capital region early on Sunday. Reuters could not independently verify Sunday's reports and there were no immediate comment from Kyiv. In an opinion piece late on Saturday, Oleksiy Danilov, the secretary of Ukraine's Security Council, urged Kyiv's allies to speed up the delivery of weapons, saying this was the only way to end the war. «For example, the complete or partial elimination of the Russian Black Sea Fleet, which is a doable task, should significantly accelerate the process of Russia's search for a way out of the ongoing war,» Danilov wrote on the Ukrainska Pravda news site. Russian air defence systems destroyed at least six drones targeting Crimea from different directions, Russia's defence ministry said on Sunday. The report on the Telegram messaging app did not say whether there was any damage or casualties in the peninsula, which Russia annexed from Ukraine in a broadly condemned move in 2014, eight years before Moscow's full-fledged invasion. In the Moscow region, a drone was destroyed over the Istra district and another over the Ramensky district, Moscow Mayor Sergei Sobyanin said on Telegram, adding there were no casualties or

With dozens of world leaders descending upon New York for the United Nations General Assembly’s annual gathering, global problems are showing up fast and thick at the world body’s door — with no solutions in sight. And many countries are starting to look elsewhere to do something about them. The UN, once the central forum for trying to solve geopolitical disputes, is increasingly on the sidelines of the new global politics, unable to keep up with the array of shocks, crises and coups that seem to be fracturing the world.

Hindustan Times, the Indian Army is also ramping up its weapons including guns, rocket systems, and missiles. Army's five-pronged strategy, which will cost thousands of crores, evolved after assessing the needs of the artillery regiments on a battlefield. Citing an official, the HT report said all regiments would be equipped with advanced 155mm artillery gun systems, inducting missiles and rockets with longer ranges, lethal ammunition, reorganisation of surveillance, and shortening the sensor-to-shooter loop for swift detection.

private investment in defence companies. The remarks came after a meeting of the alliance's chiefs of defence in Oslo on Saturday, according to a report published by Reuters. Dutch Admiral Rob Bauer, the chair of NATO's military committee said, “Prices for equipment and ammunition are shooting up.

Kim Jong Un inspected Russia's nuclear-capable bombers, hypersonic missiles and an advanced warship from its Pacific fleet on Saturday as he continued a trip in Russia's Far East that has sparked Western concerns about an arms alliance that could fuel President Vladimir Putin's war on Ukraine. After arriving in the city of Artyom by train, Kim traveled to an airport just outside the port city of Vladivostok where Russian Defense Minister Sergei Shoigu and other senior military officials gave him an up-close look at Russia's strategic bombers and other warplanes. All the Russian warplanes shown to Kim on Saturday were among the types that have seen active use in the war in Ukraine, including the Tu-160, Tu-95 and Tu-22 bombers that have regularly launched cruise missiles. Shoigu and Lt. Gen.

Russia shot down one Ukrainian drone over the outskirts of Moscow and six others over the annexed Crimean peninsula on Sunday, according to the Ministry of Defence. At around 1:45 am (2245 GMT on Saturday) one drone was intercepted over Moscow's Istrinsky district, the defence ministry said in a Telegram post. «According to preliminary data, there was no damage or casualties at the site where the debris fell,» Moscow Mayor Sergei Sobyanin wrote in a separate Telegram post. «Emergency services specialists are working at the scene.» Two Ukrainian drones were also destroyed at 1:15 am over the west coast of Crimea, with another four drones detected and destroyed over the peninsula between 1:45 to 2:20 am, according to the ministry. Since Ukraine launched its counteroffensive in early June, Russia has weathered waves of drone attacks that have sporadically damaged buildings, including in the capital. Russian officials have downplayed the significance of the attacks.

By Gwladys Fouche and Sabine Siebold

VLADIVOSTOK, Russia (Reuters) -North Korean leader Kim Jong Un inspected Russian nuclear-capable strategic bombers, hypersonic missiles and warships on Saturday, accompanied by President Vladimir Putin's defence minister.

Russia's supply of artillery munitions for the war in Ukraine, but that is not likely to make a big difference, the top American military officer said as he arrived in Norway for NATO meetings that began Saturday and will focus in part on the conflict. U.S. Army Gen.

Crimea's Parliament- Vladimir Konstantinov said that nationalized properties will be sold soon and 8 auctions for the properties of Ukrainian business figures have already started. In a statement conveyed through the Telegram messaging application, Konstantinov revealed that the sales agreements reached a total value exceeding 815 million roubles, equivalent to $8.51 million.

In the era of financial digitalization, the Chainalysis Global Crypto Adoption Index for 2023 stands as a pivotal resource, charting the nuanced ways countries are embracing cryptocurrency based on their unique socio-economic factors. 

By Max Hunder

Reserve Bank of India Governor C Rangarajan lauded India's ascent to become the world's fifth-largest economy, hailing it as an impressive achievement. However, he has also underscored the urgent need for India to accelerate its economic growth to improve the per capita income of the nation. Post Covid-19 and the Russia-Ukraine war, there is a need to lay down a clear roadmap for India's future development and the first and foremost task is to raise the growth rate, Rangarajan said in his address at the 13th Convocation of the ICFAI Foundation for Higher Education. Noting that India was today the fifth largest economy, he said, «this is an impressive achievement.» «However, in relation to per capita income, it is a different story.

The fossil fuel industry is increasingly under the microscope for its contribution to climate change, but the president of British oil giant Shell’s Canadian subsidiary says oil and gas companies can’t be held solely responsible for the pace of the global energy transition.

“sacred fight" against Western imperialism. Both men are throwbacks. Mr Kim is the grandson of a tyrant imposed on North Korea by Stalin.

Xi Jinping, has linked arms with two anti-Western states, declaring a «no limits» partnership with Russia and pledging «unswerving» support for North Korea. But the specter of a budding bromance between Russian President Vladimir Putin and North Korean leader Kim Jong Un, after their meeting this week in eastern Russia, may not be as welcome a development for Xi as it might initially seem. Closer ties between Pyongyang and Moscow could result in both countries being less reliant on Beijing. That might diminish China's perceived clout in global negotiations over ending Russia's war in Ukraine and curtailing North Korea's nuclear program. «I doubt Xi is overjoyed to see the Kim-Putin lovefest unfolding across China's border,» said John Delury, a professor of Chinese studies at Yonsei University in Seoul, South Korea.

Piyush Goyal said on Friday.

United States expects to announce additional aid to Ukraine next week, national security adviser Jake Sullivan said on Friday, while announcing President Joe Biden would host Ukrainian President Volodymyr Zelenskiy on Thursday at the White House. Zelenskiy is expected to meet with congressional leaders from both political parties while he is in Washington, Sullivan said. Reuters, citing three U.S. officials, reported on Monday that the U.S.

North Korea's leader, Kim Jong Un, peeked his head into the cockpit of a fighter jet at a factory in the Russian Far East on Friday as he pressed ahead on a multiday tour of Russia that is enticing him at each stop with off-limits military technology. Although Russia's president, Vladimir Putin, hasn't promised Kim any of the weaponry and has vowed to abide by United Nations sanctions banning their transfer, the tour carried an implicit threat — an example of what analysts say is a growing danger posed by Putin's increasingly warm relationship with authoritarian leaders who can pose problems for the West. At the same time, according to U.S. officials, Putin is cultivating new sources of arms and munitions for his war against Ukraine. «I think it's really serious,» said Andrea Kendall-Taylor, a senior fellow at the Center for a New American Security, who previously led analyses of Russia by the U.S.