)
The IMF trimmed its global-growth projections, warning of high uncertainty and risks as financial-sector stress adds to pressures emanating from tighter monetary policy and Russia's war in Ukraine
Last month, the IMF approved a four-year Extended Fund Facility program for Ukraine in the amount of $15.6 billion to support the country's stability and economic recovery
According to the report, the assault happened following Putin's signature on a bill that will make it simpler to enlist civilians in the military and prevent them from fleeing the country if called up
European Central Bank chief Christine Lagarde on Friday said that recovery prospects for global economy remain fragile amid continued uncertainty, fuelled by Russia's unjustified war against Ukraine
Catch live updates from across the globe here
China's foreign minister on Friday said the country would not sell weapons to parties involved in the conflict in Ukraine and would regulate the export of items with dual civilian and military use. Qin Gang was responding to concerns from the US and others that China was considering providing military assistance to Russia, which Beijing has backed politically and rhetorically in the conflict while formally saying it remains neutral. Qin reiterated China's willingness to help facilitate negotiations to find a peaceful resolution to the conflict and said all parties should remain objective and calm. Speaking at a news conference with his visiting German counterpart Annalena Baerbock, Qin also blamed Taiwan's government for heightened regional tensions after Beijing held large-scale military drills in an attempt to intimidate the island it claims as its own territory. On both Ukraine and Taiwan, Qin articulated well-worn defences of Chinese policies that underscore Beijing's rejection
The level of corruption in Kyiv is "approaching that of the Afghan war, although there will be no professional audit reports emerging from Ukraine," according to a report
A Moscow court on Thursday again fined Wikipedia for a Russian-language article it refused to remove about Russia's invasion of Ukraine, the latest in a series of government moves to silence objective reporting or criticism of the war and restrict the Russian public's access to information. The court fined Wikimedia Foundation, the nonprofit that runs the free, publicly-edited online encyclopedia, 2 million rubles ($24,464) for not removing a Wikipedia article titled Russian occupation of the Zaporizhzhia region," a reference to one of four Ukrainian provinces that Russia annexed last September. Most countries have condemned the annexation, as well as that by Russia in 2014 of Ukraine's Crimean Peninsula, as illegal. The state Tass news agency said the Wikimedia Foundation had failed to heed the demands of Russia's state communications watchdog Roskomnadzor to remove articles containing false information. Tass said a Wikipedia representative asked the court to reject the removal ...
The GDP decreased by 36.9 per cent and 14.9 per cent respectively in the second and the first quarters of 2022, it added
"Chinese companies may be already sending Russia electronic parts for anti-aircraft missile radars," Geopolitica wrote citing the US-based Centre for Advanced Defense Studies.
On an annual basis, Russian inflation reached 3.5 per cent in March from almost 11 per cent in the previous month
Former World no 1 tennis player Andy Murray has said that it is important to continue to talk about what's actually happening in Ukraine instead of focusing on a handful of players
The increase reflects the recasting of the global oil market following Russia's invasion of Ukraine
In an appeal to the heads of the IMF and World Bank, Ukraine's president on Wednesday renewed his call to confiscate Russian Central Bank assets held around the world and use them to help rebuild Ukraine. To charge the aggressor with compensation for damages," Ukrainian President Volodymyr Zelenskyy said by video link. "Russia must feel the full price of its aggression." The U.S. announced at the start of Russia's invasion that America and its allies had blocked access to more than $600 billion that Russia held outside its borders. The U.S and its allies continue to impose rounds of targeted sanctions against companies and the wealthy elite with ties to Russian President Vladimir Putin. It must be clearly stated that the assets of the Russian Central Bank will be confiscated. It will be a peacemaking act on a global scale, Zelenskyy said. He was patched in for a session with Ukrainian Prime Minister Denys Shmyhal, U.S. Treasury Secretary Janet Yellen, World Bank President David ...
According to a report, Putin is suffering 'severe pain in his head, blurred vision, and numbness of the tongue'
Ukraine President Volodymyr Zelenskyy has written to Prime Minister Narendra Modi seeking additional humanitarian aid including medical equipment from India
Since March 2022, more than 2,000 Ukrainians have been freed as a result of prisoner exchanges with Russia
The online leaks of scores of highly classified documents about the Ukraine war present a very serious" risk to national security, and senior leaders are quickly taking steps to mitigate the damage, a top Pentagon spokesman said Monday. Chris Meagher, assistant to the secretary of defense for public affairs, told reporters that Defence Secretary Lloyd Austin first became aware on Thursday that a number of classified briefing slides detailing the U.S. military efforts in the Ukraine war and intelligence involving other nations were leaked. In the days since Austin was notified, he has reached out to allies, held daily meetings to assess damage and set up a group not only to assess the scope of the information lost but review who has access to those briefings. The department is looking closely at how this type of information is distributed and to whom, Meagher said, but would not say if steps had already been taken to tighten control over who can access it. At the State Department, ..
An estimated 7 million Ukrainians have been internally displaced by the Russia-Ukraine war
Multiple tranches of documents have appeared on social media sites over recent weeks, some of them reportedly intended only for those with the highest levels of US security clearance