"The Bank of Russia estimates that the achieved tightness of monetary conditions creates the necessary prerequisites for returning inflation to the target in 2026," the regulator said in a statement
The orders apply to Ukrainian passport holders from four partially occupied regions -- Donetsk, Luhansk, Kherson and Zaporizhzhia, regions Russia claims to have annexed
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Russia and Ukraine said Wednesday they had each swapped 175 prisoners in one of the largest exchanges of the war. Severely wounded soldiers and fighters whom Russia had prosecuted on fabricated charges were among those released, Ukraine's President Volodymyr Zelenskyy said. We are bringing back soldiers, sergeants, and officers warriors who fought for our freedom in the ranks of the Armed Forces, the Navy, the National Guard, the Territorial Defence Forces, and the Border Guard Service, he said. Russia's Defence Ministry said it had released an additional 22 severely wounded Ukraine captives as a goodwill gesture. Zelenskyy said they were returned through a separate negotiation process There was no immediate comment on why the number was one fewer than the 23 wounded POWs that Russian President Vladimir Putin had promised to release Tuesday when he spoke with US President Donald Trump about a potential partial ceasefire. Prisoner exchanges have happened throughout the three-year
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Despite efforts to repel the attack, several strikes hit civilian infrastructure, including a direct drone strike on a hospital in Sumy and attacks on cities in Donetsk region
Trump's embrace of Russia has been seen by some analysts as an attempt to split Moscow from Beijing, in a so-called reverse Nixon
Zelenskyy further stated that he supports a 30-day pause in attacks on energy infrastructure but requires more details before Kyiv can fully endorse the proposal
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Billionaire Mukesh Ambani's Reliance Industries Ltd is estimated to have earned 724 million euros (about Rs 6,850 crore) from exporting fuel made from Russian crude oil to the US in one year, an European think tank said in a report. "From January 2024 to the end of January 2025, the US imported EUR 2.8 billion of refined oil from six refineries in India and Turkey that process Russian crude. An estimated EUR 1.3 billion of this was refined from Russian crude," the Centre for Research on Energy and Clean Air (CREA) said in a report. US imports of fuels such as petrol and diesel from Jamnagar in Gujarat, where Reliance's twin oil refineries are located, were EUR 2 billion. Of this, "EUR 724 million (is) estimated to be refined from Russian crude," it said. Western and US sanctions on Russia, that followed its invasion of Ukraine in February 2022, do not prohibit or sanction buying/using Russian crude oil and exporting fuels such as diesel derived from it. Gujarat's Vadinar, where ...
With US support for Ukraine in doubt, Kyiv's European allies are weighing whether to seize USD 300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns. For now, the assets are still on ice, with opponents of seizure warning that the move could violate international law and destabilize financial markets. Here are key things to know about the debate surrounding the Kremlin assets that were frozen shortly after Russia's full-scale invasion in early 2022: What are the assets and where are they? Originally, the money was in short-term government bonds held as reserves for the Russian central bank. By now, most of the bonds have have matured and turned into cash piling up in custodian banks. Some 210 billion euros are in European Union member states, with the biggest chunk, some 183 billion euros, at Euroclear, a Belgian clearinghouse for financial transactions. Other amounts are at financial institutio
The talks will coordinate cooperation on Ukraine and discuss efforts to increase economic pressure on Russia, UK's Foreign, Commonwealth and Development Office said in a statement
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Rutte is walking a fine line between the US - Nato's most important member - and Europe, which is dealing with an increasingly aggressive Russia
US airstrikes on Yemen's Houthi rebels have killed atleast 53 people, including five women and two children, and injured nearly 100 others, The Hill reported
The draft also places 10 countries, including Afghanistan and Bhutan, on the Red List, meaning their citizens could face a full visa suspension
Ukraine President Volodymyr Zelenskyy appointed Andrii Hnatov as the new chief of the general staff of Ukraine's armed forces, as the country looks to restructure and strengthen its military while its engaged in combat in Russia's Kursk region and facing increasing pressure in Donetsk. Hnatov replaced Anatoliy Barhylevych, who held the position since February 2024. The appointment was announced by the general staff via its Telegram channel Sunday. We are systematically transforming the Armed Forces of Ukraine to enhance their combat effectiveness, Defense Minister Rustem Umerov said. Barhylevych will now serve as the general inspector of Ukraine's Defense Ministry. Umerov emphasized that Barhylevych would remain part of the team, overseeing military standards and strengthening discipline in the army. Oleksandr Syrskyi remains in place as commander-in-chief of Ukraine's armed forces. Zelenskyy has made frequent personnel changes within the Ukrainian government and military since Ru
Higher domestic demand in Russia, lower exports by Saudi may have reduced Indian uptake
Starmer said Western nations are gathering political and military momentum, and after additional commitments toward a post-conflict Ukraine were made
Early on Sunday, three people were injured, including a 7-year-old, in a Ukrainian drone attack on the Russian border region of Belgorod