Ukraine Financial News
26.08 / 02:01
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India, Greece agree to elevate ties to Strategic Partnership
India and Greece on Friday agreed to elevate their relationship to a ‘Strategic Partnership’ as PM Narendra Modi held wide ranging dialogue with Kyriakos Mitsotakis, Prime Minister of Greece in Athens. The two leaders called for respect of international law, sovereignty and territorial integrity in the backdrop of India’s consistent support on Cyprus issue and Greece’s constant support on the Kashmir issue. The PM level discussions covered various dimensions of the bilateral partnership, including trade and investment, defense and security, technology, infrastructure, digital payments, shipping, pharma, agriculture, migration and mobility, tourism, skill development, culture, education and people to people ties, an official informed. They also discussed regional and multilateral issues, including the EU, Indo-Pacific and the Mediterranean. “Greece expressed its support for the India-EU Trade and Investment Agreement. Over the Ukraine issue, both countries support diplomacy and dialogue.
25.08 / 22:49
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ECB's Lagarde says interest rates to stay high as long as needed to defeat inflation
Interest rates in the European Union will need to stay high “as long as necessary” to slow still-high inflation, Christine Lagarde, president of the European Central Bank, said Friday
25.08 / 22:49
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AP Week in Pictures: Europe and Africa
Firefighters battle multiple wildfires in Greece, including one in the northeast that officials say is the largest recorded in the European Union.
25.08 / 22:49
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Dutch brewer Heineken sells its Russian operations for 1 euro, taking a 300-million-euro hit
Dutch brewer Heineken says it has completed its withdrawal from Russia, 18 months after Moscow launched its full-scale invasion of Ukraine
25.08 / 22:49
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Estonia's pro-Ukrainian PM faces pressure to quit over husband's indirect Russian business links
Estonia’s strongly pro-Ukrainian prime minister is under increasing pressure to resign, after Estonian media revealed her husband’s role in a company that indirectly did business in Russia after the full-scale invasion of Ukraine last year
25.08 / 20:03
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Ukraine war shadow on G20 meeting joint communique
World Trade Organization (WTO) agreements, and will also continue to assist developing countries and least developed countries (LDCs). However, like several other G20 meetings, the text on Ukraine war and its impact on global economy became a point of contention between the member nations, chiefly Russia and China. Russia rejected the inclusion of geopolitical Para 32, saying it doesn’t conform to the G20 mandate and recognizes the status of Para 32 as Chair’s Summary.
25.08 / 18:29
UPS
Who were killed along with Wagner chief Yevgeny Prigozhin in crash? Check identities
Wagner Group chief Yevgeny Prighozin that crashed? Though the death of Prighozin has not been officially confirmed yet, he is presumed to be dead. Ten bodies have been recovered from the debris of the Embraer aircraft that crashed while flying from Moscow to St. Petersburg. Though the reasons for the crash are not yet clear, the aircraft came down near the village of Kuzhenkino Tver. Seven Wagner members and three crew members have been killed in the crash.
25.08 / 17:31
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How Putin Uses Payback Politics to Keep Russia Under His Control
When Russian President Vladimir Putin acknowledged the death of Yevgeny Prigozhin in a plane crash this week, he did little to dispel the notion that he might have had something to do with it. The Wagner chief , he said at a meeting at the Kremlin Thursday, was “a man with a complicated life story, and he made many mistakes in life." Crossing Putin might have been chief among them.
25.08 / 17:07
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What is the cause of Wagner leader Prigozhin’s fatal plane crash? Here’s what the officials say
fatal crash of a plane carrying Wagner Group leader Yevgeny Prigozhin and nine others in Russia was likely due to a bomb, according to media reports
25.08 / 16:55
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Involved in Cryptocurrency and Cash Corruption, Regional Military Recruitment Heads Were Dismissed by Ukrainian President
Ukrainian President Volodymyr Zelensky has directed Valeriy Zaluzhny to dismiss all heads of regional territorial centers for recruitment and social support. The decision was announced on the official Facebook page of the President's Office of Ukraine.
25.08 / 11:09
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Russian President Vladimir Putin to skip G20 Summit in New Delhi; Here's why
BRICS 15th Summit in Johannesburg, South Africa and addressed the event virtually. In the BRICS 15th Summit the Russian delegation was led by Russia's Foreign Minister Sergey Lavrov.
25.08 / 10:45
Kremlin says Putin has no plans to attend G20 in India in person
Kremlin said on Friday that Russian President Vladimir Putin had no plans to attend the G20 summit in India in September in person. The International Criminal Court (ICC) has issued an arrest warrant for Putin accusing him of war crimes in Ukraine, something the Kremlin strongly denies.
25.08 / 10:17
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Russia slams Biden for remarks on Wagner boss Yevgeny Prigozhin's plane crash
Joe Biden for expressing his lack of surprise that Wagner mercenary chief Yevgeny Prigozhin had been killed in a plane crash and cautioned that it was not appropriate for Washington to make such remarks.Biden on Wednesday said he was not surprised by reports about Prigozhin's death, adding that not much happens in the country that President Vladimir Putin is not behind. «I'm not surprised,» Biden said. «There is not much that happens in Russia that Putin is not behind, but I don't know enough to know the answer.» Russian Deputy Foreign Minister Sergei Ryabkov said such remarks illustrated Washington's disregard for diplomacy. «Still, it is not for the U.S.
25.08 / 09:55
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Vivek Ramaswamy's team responds to Ann Coulter's ‘Hindu business’ comment, says ‘same Judeo-Christian values…’
Also read: Chandrayaan-3 LIVE Updates: Declare 23 August 'ISRO Day,' petition calls on change.org While Vivek Ramaswamy practices Hinduism, Nikki Haley, born into a Sikh family, practices Christianity, which she has openly discussed in her public life. The contentious exchange Coulter referred to during the debate was related to US aid to Ukraine and Israel, not religion.
25.08 / 09:04
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Heineken exits Russia at a loss of €300mn
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25.08 / 09:04
25.08 / 07:25
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US NSA Sullivan, Quint nations assure unified support for India's G20 Presidency
Sullivan convened the national security and senior G20 representatives of the Quint (an informal decision-making group consisting of the United States and France, Germany, Italy, the United Kingdom and the European Union) at the White House to discuss the ensuing G20 Leaders' Summit in New Delhi, according to a White House release. The participants discussed their unified support for the G20 and India's G20 Presidency, as well as their commitment to ensuring strong outcomes in New Delhi, including demonstrating the G20's role as the premier forum for economic cooperation, driving an affirmative and ambitious agenda for developing and emerging countries, and making progress on evolving the multilateral development banks to be more responsive to shared global challenges, the official release informed. The G20 Summit is slated to take place on September 9-10 at the recently-inaugurated state-of-the-art Bharat Mandapam convention centre at Pragati Maidan in New Delhi. Many heads of state and diplomats including US President Joe Biden, Chinese Premier Xi Jinping, Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron are expected to be attending the G20 Leaders' Summit. The 18th G20 Heads of State and Government Summit in Delhi, under India's presidency will be a culmination of all the G20 processes and meetings held throughout the year among ministers, senior officials, and civil societies. Sullivan also convened the Quint national security advisors of France, Germany, Italy, and the United Kingdom at the White House on Thursday. Noting that it is also Ukraine's Independence Day, participants reiterated their enduring commitment to supporting Ukraine in its defence against Russian aggression for as long
25.08 / 07:23
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G20: Justin Trudeau disappointed over President Zelensky's exclusion from summit, ‘will do everything possible…’
G20 summit in New Delhi next month. Trudeau assured Zelenskyy of continued support and stated they would strongly advocate for Ukraine. The summit invited Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, Mauritius, and Nigeria as "guest countries." Ukraine was similarly invited to previous G7 and NATO summits to show support amid its conflict with G20 member Russia.
25.08 / 06:39
25.08 / 04:03
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Fossil fuel subsidies hit $1.3 trillion despite government pledges to end them
The report by the International Monetary Fund (IMF) looked at both explicit and implicit subsidies for fossil fuels across 170 countries. It found explicit subsidies alone have more than doubled since the previous IMF assessment, rising from $500 billion in 2020 to $1.3 trillion in 2022 as governments rushed to mitigate the inflationary impact of Russia’s invasion of Ukraine and the spike in demand caused by the economic recovery from Covid-19.
25.08 / 02:45
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Russia thwarts Ukrainian attack on Crimea involving 42 drones: Defence Ministry
Crimea with 42 drones overnight. «Nine UAVs (unmanned aerial vehicles) were destroyed… over the territory of the Republic of Crimea.
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