Russian President Vladimir Putin has enacted legislation granting debt relief to new recruits joining the military to serve in Ukraine, as confirmed by a government website on Saturday.
Reports indicate that the law permits the cancellation of debt arrears up to 10 million roubles (£77,000) for individuals signing contracts with the Defence Ministry to serve in Ukraine for a minimum of one year, starting from 1 December.
To boost military enlistment, Russia has been offering significantly increased financial incentives, often far exceeding the national average income, to those willing to participate in the conflict.
The strategy has enabled a rise in troop numbers in the combat zone without the need for another general mobilisation, which in September 2022 led to widespread emigration from Russia.
Meanwhile, central bank data reveals a sharp rise in consumer borrowing since the Kremlin’s military campaign began in 2022, despite an increase in the central bank’s interest rate to 21% in October.
Sudan’s Kordofan region is witnessing a rapid escalation of violence that echoes the devastation seen earlier this year in El Fasher, raising alarm ...
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementa...
Mexican President Claudia Sheinbaum has expressed confidence that an agreement can be reached with the United States over ongoing water delivery commi...
The European Union is close to finalizing a plan to finance Ukraine’s defence in 2026 and 2027, using frozen Russian assets held across Europe, EU s...
Türkiye has reinforced its strategic partnership with Hungary, expanding cooperation in trade, energy, defence, and innovation following high-level t...
The European Union is close to finalizing a plan to finance Ukraine’s defence in 2026 and 2027, using frozen Russian assets held across Europe, EU summit chairman Antonio Costa said on Tuesday.
Kazakhstan has begun redirecting part of its crude exports, sending oil from the Kashagan field to China for the first time.
Several regions in southern and western Russia issued urgent warnings early Tuesday morning about the potential for drone attacks, prompting temporary flight suspensions and airspace closures across multiple areas.
Syrian Foreign Minister Asaad al-Shaibani on Monday revealed new details about the final hours before Bashar al-Assad’s regime fell last year, including urgent discussions with Russian officials to brief them on rapidly unfolding events.
Authorities in Japan lifted all tsunami warnings on Tuesday following a strong 7.5-magnitude earthquake that struck off the northeastern coast late on Monday, injuring at least 30 people and forcing around 90,000 residents to evacuate their homes.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
Tehran has protested to Washington because of the travel ban on its football team delegation as well as Iranian fans who would like to travel to the United States for the upcoming World Cup matches in 2026.
Russia has welcomed U.S. President Donald Trump’s new National Security Strategy, calling it largely consistent with Moscow’s own vision, as Washington pushes forward with efforts to broker an end to the war in Ukraine.
A group of demonstrators gathered outside the Norwegian Nobel Institute to protest the awarding of this year’s Nobel Peace Prize.
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal
Ukrainian President Volodymyr Zelenskyy has said that his country and European partners will soon be ready to present the United States with refined documents outlining a potential peace plan.
Sudan’s Kordofan region is witnessing a rapid escalation of violence that echoes the devastation seen earlier this year in El Fasher, raising alarm among rights experts and humanitarian agencies who warn that civilians are again bearing the brunt of the conflict.
Mexican President Claudia Sheinbaum has expressed confidence that an agreement can be reached with the United States over ongoing water delivery commitments. She made the remarks during a press briefing on Tuesday.
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