Ukraine Financial News

Just back from a visit to Ukraine, a U.S. Treasury official is describing a country whose wartime economy has proven resilient in the face of Russia’s invasion, and he says U.S. and allied budget assistance is designed to help Ukraine combat corruption...

Lok Sabha elections 2024 Results: June 4 is here, and people across the world have set their eyes on the clock as the biggest democracy is all set to get its new government. The year 2024 is packed with elections across several nations, and India's general election is one of the most crucial ones, as the new government will be formed amid intense geopolitical tensions and wide trade disruptions.

Kharkiv, Ukraine This wasn’t the easiest time to visit Ukraine’s second-largest city. The local power grid and infrastructure were taking serious hits as missiles and glide bombs struck the city from nearby Russian territory. “Double tap" attacks, by which Russians strike a civilian target and wait for first responders to rush to the scene before launching a second strike, were becoming more common.

instructors who train Ukrainian soldiers in the country would have no «immunity» from Russian strikes, the Kremlin said Tuesday, amid reports that France could despatch military trainers to Ukraine.

Saudi Arabia and allied oil producing countries have extended their deep output cuts aimed at supporting slack prices

ZMINA news that her daughter faced abuses and was beaten which she she got to know from her letters. “They were trying to lure my daughter to the Russian side with both sweet promises of a big salary and intimidation.

Zelenskiy met heads of state and legislators in Singapore late on Saturday and early on Sunday, seeking security assistance and support for a peace summit after arriving for a surprise visit to the Shangri-La Dialogue.

10 Downing Street after their tenure, it is impossible to take 10 Downing Street from their consciousness. It is in this regard that former British Prime Minister Boris Johnson may campaign in the upcoming elections to the House of Commons. While he may have stepped down as the Prime Minister during the COVID phase in Britain, many in the UK Conservatives feel that he still commands a great amount of support from the public. Many think that he will be able to swing the votes in favor of the UK Conservatives who are trailing behind the Labour Party in various pre-poll survey numbers.

Volodymyr Zelenskyy concluded long-term security agreements with Sweden and Norway on Friday, a sign of Western commitment to Ukraine as Kyiv seeks further military support from the West in the war with Russia. Zelenskyy visited Stockholm as Western nations discuss whether to let Kyiv use weapons provided by them to strike targets inside Russia. The security deals with Sweden and Norway bring to 15 the number of agreements Kyiv has signed with Western nations. Under the latest deal, Sweden will transfer two ASC 890 surveillance aircraft — seen as crucial for identifying incoming cruise missiles and drones and identifying targets in the air and at sea — as well as its entire stock of armoured tracked personnel carriers. But Stockholm will not yet transfer Saab Gripen fighter jets to Ukraine. Sweden joined the Western military alliance this year and does not have such jets.

U.S. President Joe Biden approved Ukraine using U.S. weapons to strike targets inside Russia that were attacking the Ukrainian city of Kharkiv, after Kyiv sought authorization from Washington in recent weeks, U.S. Secretary of State Antony Blinken confirmed on Friday. Speaking at a news conference in Prague after an informal meeting of NATO foreign ministers, Blinken did not specifically say whether Biden's authorization could expand to include other Russian cities and targets that are deeper inside Russia. He said Washington's move, a marked change in policy by Biden, who had steadfastly refused to allow Ukraine to use American weaponry for strikes inside Russia, was a result of U.S. strategy of adjusting and adapting to the battleground. Now, he said, the U.S. is responding to what it has seen in and around the Kharkiv region.

Inflation ticked up to an annual 2.6% in Europe in May

Hungarian Prime Minister Viktor Orbán is pushing back against some NATO proposals that would allow Ukraine to use Western weapons to strike targets within Russia

An unpopular government with a reputation for constant infighting

SEOUL—China’s panda diplomacy isn’t looking so cuddly all of a sudden. Beijing is accused of mistreating Fu Bao, a recently returned female panda from South Korea. The 4-year-old panda has a following in South Korea akin to a pop star, with merchandise, online fan groups and even birthday billboards.

Russia said Friday that it had conducted a prisoner exchange with Kyiv, exchanging 75 captured servicemen with Ukraine, in one of the only areas of dialogue between the warring countries. «As a result of negotiations, 75 Russian servicemen who were in mortal danger in captivity have been returned from territory controlled by the Kyiv regime.

Germany on Friday suggested Ukraine could use weapons supplied by Western countries to defend itself against attacks launched from just inside Russia against the northern border region around the city of Kharkiv in accordance with international law. Germany discussed with allies the fact that Russia has carried out strikes on the Kharkiv region from positions in the immediately adjacent Russian border area, a government spokesperson said in a statement. «We are jointly convinced that Ukraine has the right, guaranteed under international law, to defend itself against these attacks,» the spokesperson said.

US personal consumption expenditure data, gold August futures on MCX opened flat at Rs 72,100, down by 0.16% or Rs 116 while silver July contracts opened lower by Rs 1,077 or 1.14% at Rs 93,046. Gold and silver showed mixed trends in the international markets after the U.S. GDP data came as per market expectations. The second estimate of first-quarter GDP came up at 1.3% year on year against an expected reading of 1.2%.

Ukraine is permitted to retaliate against Russian forces or targets located near Kharkiv using weaponry supplied by the United States."The president recently directed his team to ensure that Ukraine is able to use US-supplied weapons for counterfire purposes in Kharkiv so Ukraine can hit back at Russian forces hitting them or preparing to hit them," one official said, according to CNN.This policy adjustment, however, is strictly confined to the vicinity of Kharkiv, with no plans to expand the permitted area, the official added. Ukrainian authorities have not sought permission for strikes beyond this region.The official confirmed that Kyiv made the request for this policy change in response to the advancing Russian forces in recent weeks.

India will likely report economic growth of close to 8% in the fiscal year that ended in March, providing a boost to Prime Minister Narendra Modi’s government as elections come to a close. Official data due to be published Friday will probably show Asia’s third-largest economy grew 7% in the first three months of the year, taking growth for the financial year through March to 7.9%, according to a Bloomberg survey of economists. Catch it live here

Police coordinated by the European Union’s justice agency have taken down computer networks responsible for spreading ransomware via infected emails

Kremlin on Thursday accused NATO of "provoking" Kyiv into prolonging the conflict in Ukraine, whose officials have been appealing for permission from allies to target Russia with Western-supplied weapons. The comments came as NATO foreign ministers were convening in Prague in the face of growing calls for leading allies to lift restrictions stopping Kyiv from using Western weapons to strike inside Russia. «NATO member states, the United States, and capitals in Europe in recent days and weeks have been entering a new round of escalations in tensions and they are doing it deliberately,» Kremlin spokesman Dmitry Peskov said.