Russia seizes assets worth $50 BN in three-year ‘fortress’ push
Russia has confiscated 3.9 trillion roubles (about $50 billion) in company assets since 2022, signalling a decisive shift towards a 'fortress Russia' ...
Ukraine's military chief Oleksandr Syrskyi said in an interview published on Wednesday that Russia had launched a new offensive on the northeast of the country, adding that a large increase in assaults was already being observed.
President Volodymyr Zelenskyy had warned earlier that Russia was preparing an offensive on the two regions of Kharkiv and Sumy.
"I can say that the president is absolutely right and this offensive has actually already begun," Syrskyi said in an interview with Ukrainian publication LB.
"For several days, almost a week, we have been observing almost a doubling of the number of enemy attacks in all main directions (on the frontline)," he said.
Moscow is close to fully pushing Ukrainian forces out of their foothold in Kursk region, which they held since last August and which lies over the border from Sumy region.
Zelenskyy said on Monday that Ukrainian forces were also present in the adjacent Russian region of Belgorod.
The war, the first year of which was marked by rapid Russian territorial gains followed by Ukrainian counter-attacks, has since become far more of a battlefield stalemate, with Moscow grinding out relatively small gains by attacking with wave after wave of infantry squads.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against Russia nears approval.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Shipments of antimony to the United States have jumped to more than 3,800 tonnes in five months via Thailand and Mexico, customs data show, as buyers find back-door routes around Beijing’s export ban on critical minerals bound for the U.S.
From launching 25% duties on Mexican goods in February to unveiling a 50% levy on imported copper on Monday, U.S. President Donald Trump has fired off a rapid-fire series of tariff moves that has jolted financial markets and unsettled global supply chains.
Russian Foreign Minister Sergey Lavrov will visit North Korea from 11th to 13th July, - Foreign Ministry Spokeswoman Maria Zakharova announced during a press briefing today.
Russia has confiscated 3.9 trillion roubles (about $50 billion) in company assets since 2022, signalling a decisive shift towards a 'fortress Russia' economic model, the Kommersant business daily reported on Wednesday.
A Ukrainian drone strike on a beach in the Russian city of Kursk has killed at least three people, including a member of Russia’s National Guard, and left seven others injured, regional authorities reported early Wednesday.
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