Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a number of already-overdue international debt payments in dollars despite previously vowing Continue Reading
The United States does not believe that there is a threat of Russia using nuclear weapons despite a recent escalation in Moscow’s rhetoric, a senior U.S. defense official said on Continue Reading
Could Europe withstand a wholesale ban on Russian oil and gas? Europe may be hurtling toward a sudden halt of Russian gas, a scenario that would trigger energy rationing, higher Continue Reading
Russia is running short of precision missiles in its war against Ukraine and its arms factories lack the ability to produce enough to keep up with demand, western officials have Continue Reading
Russia’s offensive in eastern Ukraine appears to be faltering , as its troops suffer battlefield losses and logistical and morale problems similar to those they faced in the war’s first Continue Reading
Members of the European Union are expected to agree on an embargo of Russian crude oil imports as early as next week, according to officials, in a move that would Continue Reading
Western sanctions on Russia are beginning to sting, despite President Vladimir Putin suggesting otherwise. Inflation in Russia is expected to soar to 22% this year, with the IMF chief economist Continue Reading
NATO is ready to maintain its support for Ukraine in the war against Russia for years, including help for Kyiv to shift from Soviet-era weapons to modern Western arms and Continue Reading
Germany is now ready to stop buying Russian oil, clearing the way for a European Union ban on crude imports from Russia, government officials said. Berlin had been one of Continue Reading
European Commission President Ursula von der Leyen says the move by Russia to halt gas delivery to certain European Union member states is a form of blackmail. “The era of Continue Reading
