Ukraine Financial News

The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again

Ukraine, a handful of startups are developing Artificial Intelligence (AI) systems to help fly a vast fleet of drones, taking warfare into uncharted territory as combatants race to gain a technological edge in battle. Ukraine hopes a rollout of AI-enabled drones across the front line will help it overcome increasing signal jamming by the Russians as well as enable unmanned aerial vehicles (UAVs) to work in larger groups.

The coming U.S. presidential election, with the growing prospect of a return of Donald Trump to the White House, promises to have profound repercussions for Europe’s security, future trans-Atlantic relations and the conflict in Ukraine—changes with which European leaders are starting to grapple. Trump’s pick of Sen.

HDFC Defence Fund, the only active fund based on the defence sector, has offered more than 100% return in the last one year. The scheme gave 128.52% return in the said period. The scheme has offered around 60.16% return in 2024 so far and around 55.25% return in the last six months. What is helping defence sector based mutual funds deliver this stellar performance?

United Nations: Russia is prepared to work with any US president who is open to dialogue, its foreign minister said Wednesday. «We will work with any American leader, we will remain ready to work with any US leader that the US people elect, and who will be willing to engage in equitable, mutually respectful dialogue,» Sergei Lavrov said at a UN press briefing. He was answering a question about relations between Moscow and Washington if Donald Trump is reelected in November and defeats President Joe Biden.

democracy. Fox News has reported that various world leaders have condemned this incident and many have said that this is an attack on democracy. Many analysts noted that the US which is seen to be in the forefront when it comes to “protecting democracy” has a challenge at home and needs to focus on that. This incident may be used by the adversaries to target the US. Many of the retired CIA officers and those from other security services have said that Russia and China may use this to their advantage.

Piyush Goyal has called for enhancing collaborations among trusted partner countries for smooth supply of critical minerals, semiconductors, pharmaceuticals, and green energy, an official statement said on Wednesday. The minister proposed this collaboration during the G7 Trade Ministers' meeting at Reggio Calabria, Italy. He also highlighted the importance of analyzing global supply chains' robustness in times of crisis like pandemic, Ukraine-Russia conflict, and Red Sea crisis. Goyal said that efforts are on in various countries to build resilient supply chains under platforms like the G20 Generic Framework for Mapping GVCs (global value chains), the 14 Member IPEF (Indo-Pacific Economic Framework for Prosperity) association, Trilateral Supply Chain Resilience Initiative (SCRI), and India-EU TTC (trade and technology council).

China get in lieu of support to Russia? The US is worried Russia could be passing on to China the knowledge it has gathered about American and European weapons being used in the Ukraine war. A bipartisan US congressional committee wants the Joe Biden administration to assess this issue. Chairman John Moolenaar and Ranking Member Raja Krishnamoorthi of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party (CCP) has sent a letter to National Security Advisor, Jake Sullivan, requesting an assessment of the information that Russia has shared with the PRC regarding US weapons capabilities and those of the partners and allies.

The electricity grid operators of the three Baltic countries on Tuesday officially notified Russia and Belarus that they will exit a 2001 agreement that has kept Estonia, Latvia and Lithuania connected to an electricity transmission system controlled b...

MILWAUKEE—A group of foreign ambassadors and other diplomats gathered here between second and third base at America Family Field, home of the Milwaukee Brewers, for an event focused on luring foreign investments to southeastern Wisconsin. But on everyone’s mind was GOP presidential nominee Donald Trump’s selection of JD Vance—a leading critic of U.S. support for Ukraine—as his running mate on the first night of the Republican National Convention.

Russia’s new nuclear space weapon has spurred White House and congressional warnings about Moscow’s irresponsibility on the global stage. Russia’s move isn’t surprising, given its frustration over the war with Ukraine and its failure to contain or fracture the North Atlantic Treaty Organization. Yet this is another chapter in Moscow’s long decline in space leadership.

The Economist visited, says that 90% of their generating capacity has been destroyed this year. Waves of attacks since March have targeted thermal and hydro plants as well as, for the first time, solar-energy installations. As Russia struggles to make any serious gains on the battlefield, power lines have become the new front line.

J.D. Vance is Donald Trump’s pick for vice president, the former president announced on Monday afternoon. The senator, who became famous for “Hillbilly Elegy," a memoir about his hometown of Middletown, Ohio, has since blazed a political path for himself as a staunch conservative and Trump ally.

Russia, including by encouraging rupee-rouble trade and pushing Moscow to lift non-tariff barriers, New Delhi said on Monday, in the wake of Prime Minister Narendra Modi's visit to Moscow. Old partners India and Russia have stepped up trade since Russia invaded Ukraine in early 2022, but the increase has been overwhelmingly one-way, dominated by India buying Russian oil shunned by traditional customers in Europe. Surging Russian exports to India accounted for $61.43 billion of the $65.7 billion in trade between the two countries in the last fiscal year that ended in March.

Russian Army continues its operation in Ukraine, the soldiers march on using 'Made in Bihar' boots manufactured in Hajipur. Bihar's Hajipur city, known for its agricultural production, is writing its own story by manufacturing safety shoes for the Russian army, which has an acclaimed international presence. Hajipur-based Competence Exports, a private limited company, makes safety shoes for companies based in Russia and designer shoes catering to European markets.

Three themes are set to dominate the investment environment in the months ahead according to a Wall Street stalwart.

Ukraine hopes to find a strategic edge against Russia in drones built in abandoned warehouses or factory basements

China and Russia's naval forces on Sunday kicked off a joint exercise at a military port in southern China on Sunday, official news agency Xinhua reported, days after NATO allies called Beijing a «decisive enabler» of the war in Ukraine. The Chinese defense ministry said in a brief statement forces from both sides recently patrolled the western and northern Pacific Ocean and that the operation had nothing to do with international and regional situations and didn't target any third party. The exercise, which began in Guangdong province on Sunday and is expected to last until mid-July, aimed to demonstrate the capabilities of the navies in addressing security threats and preserving peace and stability globally and regionally, state broadcaster CCTV reported Saturday, adding it would include anti-missile exercises, sea strikes and air defense.

Russia on Sunday said it had captured another village in south-eastern Ukraine as it continues to make battlefield gains in the conflict that is now into its third year. «Units from the Vostok troops captured the village of Urozhaine» in the Donetsk region, the Russian defence ministry announced in its daily report. The village was one of the few that Ukraine won back during its 2023 offensive.

Joe Biden has adopted a two-pronged strategy. First, he has rejected calls to pull out of the race for the White House and has declared defiantly that he may not be as young and energetic as before, but he knows how to deliver as the president of the country. Secondly, he has targeted Republican contender Donald Trump, saying that he is in a worse condition and he will take the country along the wrong path if he wins the election.

Joe Biden was stage-managed? Was a teleprompter used? The Democrat contender spoke with reporters at the Walter E. Washington Convention Center. The Wall Street Journal has reported that Biden read his opening remarks through a teleprompter before embarking on a wide-ranging 50-minute question-and-answer session with reporters. Except for a gaffe, Joe Biden looked comfortable replying to the questions of reporters assembled there, who quizzed him on subjects ranging from NATO to Ukraine War to the 2024 US Presidential Election.