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Russia approves a military-focused budget for 2025-2027, boosting defence spending by 25% while keeping a third of expenditures classified, prioritising war needs and social support.
MOSCOW (Reuters) - Russian President Vladimir Putin has approved a military focused budget for 2025-2027, a document published on the official legal acts website showed on Sunday.
The state budget for next year includes a 25% hike in military spending but will be the most secretive in post-Soviet history, with almost a third of all spending closed to public scrutiny.
The government has acknowledged that the needs of what Moscow calls its special military operation in Ukraine and support for the military will remain the budget priority along with social needs and technological development.
The government has presented the draft budget as "balanced", with the deficit falling to 0.5% against this year's projected deficit of 1.7% and state debt remaining below the 20% mark for the next three years.
Dozens of people are feared dead and around 100 others injured after an explosion tore through a crowded bar during New Year’s Eve celebrations at the Swiss ski resort of Crans-Montana, authorities said.
The Russian radio station known as 'Doomsday Radio' (or UVB-76) unexpectedly began playing ‘Swan Lake’, music from a ballet composition. The last time this was done was during the deaths of Soviet-era leaders and the 1991 coup.
As Russia’s war in Ukraine enters its fourth year, rising casualties, economic struggles, and mounting unrest expose cracks in society. Despite Kremlin propaganda, frustration is growing as more Russians question the government’s narrative, according to The Washington Post.
At least 47 people were killed and 112 injured after a fire broke out at a crowded bar in the Swiss ski resort town of Crans-Montana during New Year’s Eve celebrations, Italian Foreign Minister Antonio Tajani told Italian media on Thursday.
India has approved a major arms deal with Israel valued at approximately $8.7 billion, highlighting the deepening defence partnership between the two countries.
Venezuela’s government has released 88 more people detained after protests following last year’s presidential election, the second mass release in two weeks, as pressure mounts from the United States on President Nicolás Maduro.
France’s postal and banking services were disrupted on Thursday morning after a cyberattack temporarily rendered their websites and mobile applications largely inaccessible, French radio RFI reported.
India and Pakistan on Thursday exchanged lists of nuclear facilities as well as civilian prisoners, under long-standing bilateral agreements, according to official statements from both countries.
The U.S. on Thursday called on China to exercise restraint and engage in dialogue following Beijing’s military exercises near Taiwan.
At least 14 people were killed and 16–31 others injured when a bus carrying students from the University of Veterinary and Animal Sciences collided head-on with a passenger van near Quli Faqir, Jhang district, Punjab, on Wednesday.
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