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' ...
Russian Security Council Secretary Sergey Shoigu has arrived in Pyongyang "on special instructions" from President Vladimir Putin. During his visit, he is expected to hold talks with North Korean leader Kim Jong Un, according to the Russian Security Council.
This is Shoigu’s third visit to the Democratic People’s Republic of Korea (DPRK) in almost three months, tass.com reported. However, the report did not elaborate on the details of Shoigu's expected talks or what Putin's instructions were.
The visit follows agreements made during Shoigu’s previous trip on 4 June and is part of the implementation of the newly signed Treaty on Comprehensive Strategic Partnership between Russia and the DPRK.
The report said that during that meeting, North Korean leader Kim Jong Un and the senior Russian security official discussed the conflict in Ukraine, reconstruction efforts in Russia’s Kursk Region, and initiatives to honour Korean fighters.
Kim has expressed "unconditional support" for Russia's policies amid concerns by South Korean and Western officials that North Korea may be receiving Moscow's help with advanced military technology as well as economic assistance.
Britain’s Defence Ministry said in a recent report that "North Korea forces have highly likely suffered more than 6,000 casualties in offensive combat operations against Ukrainian forces in the Russian oblast of Kursk."
“The total casualties amount to more than half of the approximately 11,000 DPRK troops initially deployed to the Kursk region,” the report said. “Open-source reports suggest the DPRK has subsequently deployed limited numbers of additional troops to Kursk.”
According to the report, Shoigu has been considered as a key interlocutor with North Korea regarding its support to Russia’s invasion of Ukraine.
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.
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.
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.
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 major rescue operation was underway on Wednesday to locate missing crew members from the Eternity C, a cargo vessel that sank in the Red Sea following a series of attacks that left at least four crew members dead.
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