Ukraine Financial News

Accel and some accounts managed by Orbis Investments. Nebius, which emerged in July following a $5.4 billion deal to split the domestic and international assets of Russian internet giant Yandex, is joining a drive to build the infrastructure underpinning artificial intelligence. Nebius was founded by Arkady Volozh, former founder and CEO of Yandex. Trading in Nasdaq-listed Yandex was suspended soon after Russia's invasion of Ukraine, with Nebius eventually reviving the listing as part of the asset split.

Russian President Vladimir Putin has approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine

Volodymyr Zelensky said Sunday that his country needed security guarantees from NATO and more weapons to defend itself before any talks with Russia. He made the comments after meeting the EU's new head of diplomacy Kaja Kallas and EU Council chief Antonio Costa, who were visiting Kyiv as a show of support on their first day in office. «An invitation for Ukraine to join NATO is a necessary thing for our survival,» Zelensky said at a press conference with Costa.

Lawmakers in both houses of the Russian parliament, the State Duma and Federation Council had already approved the plans in the past 10 days. Russia's war on Ukraine, which started in Feb. 2022, is Europe's biggest conflict since World War II and has drained the resources of both sides.

Subscribe to enjoy similar stories. President-elect Donald Trump is known for grandiose statements, a larger-than-life persona and a fondness for unpredictability. His counterpart on the other side of the Atlantic couldn’t be more different in political style.

Donald Trump says a surprise meeting with Justin Trudeau at his Florida home was “very productive,” after the prime minister flew down to discuss the growing threat of American tariffs on Canadian goods, the border and national defence.On Friday evening, Trudeau landed in Florida and travelled to Trump’s Mar-a-Lago club for a hastily arranged dinner and discussion with the United States’ incoming president that a senior Canadian government source said was successful.In a post on his social media site, Truth Social, Trump said the meeting between the two had gone well.“I just had a very productive meeting with Prime Minister Justin Trudeau of Canada, where we discussed many important topics that will require both Countries to work together to address,” Trump wrote.He said the two had discussed the illegal fentanyl and the toxic drug overdose crisis, as well as what Trump called “the massive trade deficit” between the United States and Canada.“I made it very clear that the United States will no longer sit idly by as our Citizens become victims to the scourge of this Drug Epidemic, caused mainly by the Drug Cartels, and Fentanyl pouring in from China,” Trump wrote. “Too much death and hardship!”A senior Canadian government source told Global News the meeting, which ran from around 7:45 p.m.

Justin Trudeau said Saturday he had an «excellent conversation» with Donald Trump at his Mar-a-Lago club after the president-elect's threat to impose significant tariffs on two of America's leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back to Canada from Florida, whether the conversation had alleviated Trump's concerns. A person familiar with the details of the leaders' hastily arranged meeting Friday night said it was a «positive wide-ranging dinner that lasted three hours.» The official, who was not authorised to discuss the matter publicly and spoke to The Associated Press on condition of anonymity, said topics included trade, border security, fentanyl, defence, Ukraine, NATO, China, the Mideast and pipelines, as well as the the Group of Seven (G7) meeting in Canada next year. The Republican president-elect has threatened to impose tariffs on products from Canada and Mexico if the countries don't stop what he called the flow of drugs and migrants across their borders. He said he would impose a 25 per cent tax on all products entering the US from Canada and Mexico as one of his first executive orders when he takes office in January.

Zelenskyy's remarks on Friday signaled a possible way forward to the difficult path Ukraine faces to future NATO membership. At their summit in Washington in July, the 32 members declared Ukraine on an «irreversible» path to membership. However, one obstacle to moving forward has been the view that Ukraine's borders would need to be clearly demarcated before it could join so that there can be no mistaking where the alliance's pact of mutual defense would come into effect. «You can't give an invitation to just one part of a country,» the Ukrainian president said in an excerpt of the interview with Sky News, dubbed by the UK broadcaster. «Why? Because thus you would recognize that Ukraine is only that territory of Ukraine and the other one is Russia.»

The United States and South Korea have accused the nuclear-armed North of sending more than 10,000 soldiers to help Russia fight Ukraine, with experts saying Kim is eager to gain advanced technology, and battle experience for his troops, in return. Kim, who met Belousov on Friday, blasted the recent decision by Western powers to permit Kyiv to strike inside Russia with their weapons, saying it constituted a «direct military intervention in the conflict», according to KCNA.

Kim Jong Un vowed his country will «invariably support» Russia's war in Ukraine as he met Russia's defense chief, the North's state media reported Saturday. A Russia military delegation led by Defense Minister Andrei Belousov arrived in North Korea on Friday, amid growing international concern about the two countries' expanding cooperation after North Korea sent thousands of troops to Russia last month. The official Korean Central News Agency said that Kim and Belousov reached «a satisfactory consensus» on boosting strategic partnership and defending each country's sovereignty, security interests and international justice in the face of the rapidly-changing international security environments in a Friday meeting.

Kim Jong Un told Russian defence minister Ukraine's use of long-range weapons is the result of direct military intervention by the United States and Moscow is entitled to take action in self-defence, state media said on Saturday. Kim met Russian Defence Minister Andrei Belousov on Friday and said «the U.S. and the West made Kyiv authorities attack Russia's territory with their own long-range strike weapons» and Russia should take action to make «hostile forces pay the price,» KCNA news agency said. Kim pledged to expand ties with Russia in all areas including military affairs under the comprehensive strategic partnership he signed with Russian President Vladimir Putin in June, which includes a mutual defence agreement, KCNA said.

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other

NATO military alliance, but that it had sent a message to its allies to show that the matter of the invitation was not off the table. According to the text of a letter seen by Reuters earlier, Ukraine's foreign minister urged his NATO counterparts to issue an invitation during a meeting in Brussels next week to Kyiv to join the Western alliance. «We have sent a message to the allies that invitation is not off of the table, regardless of different manipulations and speculations around that,» Olga Stefanishyna, deputy prime minister in charge of NATO affairs, told Reuters.

Luiza Rozova or Elizaveta Olegovna Rudnova, was tracked using leaked airline records.

MI6 chief Richard Moore said his agency and its French counterpart were working together to prevent a dangerous escalation by «calibrating the risk and informing the decisions of our respective governments» in response to President Vladimir Putin's «mix of bluster and aggression.» «We have recently uncovered a staggeringly reckless campaign of Russian sabotage in Europe, even as Putin and his acolytes resort to nuclear saber-rattling, to sow fear about the consequences of aiding Ukraine,» Moore said during a speech to diplomats and intelligence officials in France.

Subscribe to enjoy similar stories. The White House is racing to lock down President Biden’s dearest policy goals, distributing billions of dollars to safeguard favored projects before President-elect Donald Trump takes office in January. With less than two months left in his term, Biden plans to pursue a laundry list of items including funding weapons for Ukraine, pressing for stability in Gaza and winning confirmation of roughly a dozen federal judges.

Workers at one of Ukraine's thermal power plants struggle to repair damage and keep electricity flowing as Russia continues its campaign of attacks targeting the country's power grid

Subscribe to enjoy similar stories. The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains. The ruble is plunging.

Russia's new hypersonic missile, hours after Moscow pummelled Ukraine's energy grid in an attack that left a million people without power. With Russia firing more than 90 missiles and around 100 drones during the barrage, according to Kyiv, Ukrainian President Volodymyr Zelensky urged his allies to give a firm response to what he dubbed Russian «blackmail». Putin said the fresh bombardment was a «response» to Ukrainian strikes on his territory with Western missiles.

Elon Musk's social media platform, X (formerly known as Twitter) is experiencing a significant user exodus as many users are migrating to alternatives like Bluesky and Meta's Threads, reported Futurism. Following the recent US Presidential elections, where Elon Musk's support for US President- elect Donald Trump became more pronounced, an estimated 1.8 million users deactivated their accounts which marked the largest departure since Elon Musk's acquisition in the year 2022. According to Futurism, this mass exit has been fueled by dissatisfaction with the platform's environment, which many users describe as increasingly hostile due to rising hate speech, misinformation and politically charged content. Also Read: Age-defying makeover: Did Lindsay Lohan spend $300,000 on plastic surgery? Fans gush about her new youthful look; here's how she looks now and what doctors are saying