Ukraine Financial News

Fox News contributor Kiron Skinner discusses the U.S. 'lecturing' China, Biden officials taking trips to Beijing and NATO memberships amid the Russia-Ukraine war.

By Guy Faulconbridge

Several media reports of late have said that Pakistan has been supplying weapons to Ukraine for that country’s resistance against the Russian invasion. Most such reports seem to originate from the Indian media but there is the occasional non-Indian source that goes into some detail about such transfers.  Pakistan’s defence relationship with Ukraine, over three decades old, is valued at some$1.6 billion but the flow has largely been towards Pakistan, in the form of T-80 UD battle tanks. It is these tanks, and some artillery ammunition, that Pakistan is suspected of sending to Ukraine.

food crisis amid the Ukraine-Russia war hit a stumbling block on Monday as Moscow backed out of a UN-brokered deal. Kremlin spokesman Dmitry Peskov told reporters on a conference call that the Black Sea agreements which allowed export of Ukrainian grain had ‘ceased to be valid today’. The development came mere hours after it accused Ukraine attacking the Crimean Bridge.

The Indian stock market has been one of the best-performing markets in the world over the last 3 months. Over the last 1 year, 3 year, and 5 years, the Nifty 50 has delivered a CAGR of 21.6%, 23%, and 12.4%, respectively. This strong performance has been driven by the confluence of a number of factors.

Also read: NATO summit seeks agreement on Ukraine after Turkey supports Sweden's bid The RBC-Ukraine news agency reported that explosions were heard on the bridge. Russia's Grey Zone channel, a heavily followed Telegram channel affiliated with the Wagner mercenary group, reported that there were two strikes on the bridge at 03:04 a.m. (0004 GMT) and 03:20 a.m.

Germany is confident it will have the best equipped army division amongst European NATO allies in 2025, Army Chief Alfons Mais told Reuters, as countries are scrambling to gear up their troops in the wake of Russia's invasion of Ukraine. At the moment, Berlin does not have a single combat-ready division, a military unit comprising more than 20,000 troops. It aims to have the first of three divisions operational by 2025, with the second to follow in 2027.

Five U.N. agencies said in the 2023 State of Food Security and Nutrition report that while global hunger numbers stalled between 2021 and 2022 many places are facing deepening food crises.

Russia took control of shares belonging to French agribusiness Danone and Danish brewer Carlsberg, according to a decree published on Sunday. The decree signed by President Vladimir Putin says the Russian state would «temporarily» manage shares belonging to Danone Russia and to Baltika, which is owned by Carlsberg. Danone said it was investigating the situation and «preparing to take all necessary measures to protect its rights as shareholder of Danone Russia, and the continuity of the operations of the business in the interest of all stakeholders, in particular its employees».

Brittney Griner, a prominent player for the Phoenix Mercury, showcased her skills in the WNBA All-Star Game on Saturday, July 15. This marked her first appearance since her release from a Russian penal colony in December of the previous year. During the game held in Las Vegas, Griner, a nine-time WNBA All-Star, displayed her prowess by contributing 18 points to her team's success.

MUMBAI : Amid last month’s stock market breakout, Indians purchased the largest quantity of sovereign gold bonds (SGBs) at 7.77 tonnes worth a whopping ₹4,604 crore in the first series of this fiscal year, underscoring the preference for an asset that acts as a hedge against inflation and a safe-haven asset at times of global uncertainty. The SGB scheme, run by the Reserve Bank of India (RBI) on behalf of the government, has seen an average subscription of 1.72 tonnes across 64 series in the seven years and seven months since its introduction as an alternative to physical gold in 2015.

India's G20 presidency intends to preserve the grouping's identity and ethos as a forum for growth that brings together developed and emerging economies on a common platform. This is stated in an official statement released on Sunday at the end of a three-day Sherpas' meeting that was chaired by India's G20 Sherpa Amitabh Kant in the historic city of Hampi.

Jaishankar on Sunday said that peace and prosperity in the Mekong region play a pivotal role in realising India's vision for security and growth for all countries in the region under its Act East policy. In his opening remarks at the 12th Mekong Ganga Cooperation (MGC) Mechanism meeting here, Jaishankar said the lower Mekong region holds immense significance for India both in a historic sense and a contemporary one. «We represent the ancient river civilizations of this continent,» he said. The Mekong-Ganga Cooperation (MGC) is an initiative by six countries — India and five ASEAN countries — Cambodia, Lao PDR, Myanmar, Thailand, and Vietnam — for cooperation in tourism, culture, education, as well as transport and communications. «Peace and prosperity in the region also play a pivotal role in realising Prime Minister (Narendra) Modi's vision of security and growth for all in the region under India's Act East policy,» he said. «The Mekong Ganga Cooperation holds a special place in this region as the oldest sub-regional cooperation rooted in the rich historical, geographical and cultural ties among our six member countries,» Jaishankar said.

Vladimir Putin said Kyiv's counteroffensive, launched last month to push back Moscow's forces, was failing.Ukraine began its highly anticipated fightback after stockpiling Western weapons and building up its offensive forces. «All enemy attempts to break through our defences… they have not succeeded since the offensive began.

By Kevin Buckland

UK Defence Secretary Ben Wallace said on Sunday that he will step down from the Cabinet at the next reshuffle, expected in a few months' time, after serving four years in the job. The 53-year-old Conservative Party member of Parliament since 2005 also told 'The Sunday Times' that he will not stand as an MP at the next general election, expected next year. Wallace has served as defence minister under three British prime ministers — Boris Johnson, Liz Truss and Rishi Sunak — and has played a high-profile role in the UK's response to the Russia-Ukraine war conflict. «I went into politics in the Scottish parliament in 1999. That's 24 years. I've spent well over seven years with three phones by my bed,» Wallace told the newspaper. «While I am proud to have worked with so many amazing people and helped contribute to protecting this great country, the cost of putting that ahead of my family is something I am very sad about,» he said. The minister is believed to have informed Prime Minister Sunak of his decision to stand down from the Cabinet last month.

On 8 July, Ukraine marked its 500th day of holding out against Russia, whose openly revanchist bid to keep Kyiv aligned—and Black Sea access secure—was foiled with such hardy resolve that the war-torn country’s will to embrace the West was left in little doubt. Relations between the two ex-Soviet republics had snapped chiefly over Kyiv’s interest in joining the US-led North Atlantic Treaty Organization (Nato), a mutual defence pact whose nuclear umbrella covers most of the rich West. Russia’s invasion of Ukraine pushed its Nordic neighbours Sweden and Finland to seek the same security.

World leaders are all too familiar with the global community’s challenges: loss of progress in our fight against poverty, an existential climate crisis, a fledgling pandemic recovery, and a crippling war on the borders of Europe. But beneath the surface, a deep mistrust is quietly pulling the Global North and South apart at a time when we need to be uniting if we are to have any hope of overcoming these intertwined crises. The Global South’s frustration is understandable.

₹87 crore for visas not received. Travel agents in India claim this is unprecedented, hinting darkly about a European reprisal for India’s geopolitical stand on the Ukraine conflict. Even if that might sound outlandish, there are many tourists who recount lived horror stories.

Reuters reported. Ukraine has received cluster bombs from the United States, munitions banned in more than 100 countries.

Ukraine from attacking the Black Sea port of Sevastopol on Sunday, destroying seven aerial and two underwater drones. «This morning, an attempt by the Kyiv regime to carry out a terrorist attack by seven unmanned aerial vehicles and two unmanned underwater vehicles on objects on the territory of the Crimean Peninsula near the city of Sevastopol was thwarted,» the ministry said on the Telegram messaging app.