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Russia unveils record war spending amid deepening economic strain

Russia revealed for the first time that its direct expenditure on the war in Ukraine will surpass $137 billion in 2025, a disclosure that sheds light on the mounting fiscal burden of the prolonged conflict. Defense Minister Andrey Belousov announced that the country will allocate 11.1 trillion rubles for war-related activities next year equating......

Ukrainian negotiators head to Miami as peace discussions enter new phase

Ukrainian envoys are traveling to the United States for high-level negotiations aimed at advancing a possible peace agreement to end the ongoing war. President Volodymyr Zelenskiy confirmed that talks are scheduled for the weekend in Miami, building on recent diplomatic progress achieved in Berlin. Building on Berlin momentum Last week,......

Precious metals hold near highs as investors await US inflation clues

Gold prices steadied close to their record peak on Thursday, while silver and platinum continued to test fresh highs as investors awaited key US inflation data and central bank decisions that could shape global monetary policy through year-end. Spot gold hovered around 4,334 dollars an ounce, roughly 50 dollars below the record of 4,382 dollars......

Zelensky says Russia preparing to prolong war despite peace talks

Ukraine’s President Volodymyr Zelensky has warned that Russia is positioning itself for a protracted conflict, signaling plans to continue its military campaign through 2026. The statement underscores growing concerns in Kyiv that Moscow remains committed to expanding its offensive rather than pursuing genuine negotiations. Russia vows......

Ukrainian drone strike hits tanker in Rostov port as Kyiv intensifies attacks on Russian energy network

A Ukrainian drone strike has destroyed a tanker at the port of Rostov-on-Don, killing several crew members and igniting a fire that Russian emergency services spent hours battling. Local officials confirmed that the explosion occurred while the vessel was docked, and although oil spills were prevented, casualties were reported among the crew. Rostov-on-Don......

Ukraine intensifies maritime strikes with historic submarine and tanker attacks

Ukraine has carried out two high-impact drone operations against Russian maritime assets, marking a bold escalation in its use of unmanned technology to challenge Moscow’s control in the Black Sea. The attacks targeted a tanker in Rostov-on-Don and a submarine docked in Novorossiysk, signaling a strategic shift in Kyiv’s military......

Estonia demands explanation after Russian border guards cross into Narva River territory

Estonian authorities have launched a formal inquiry after three Russian border guards briefly entered Estonian territory on Wednesday morning, crossing the Narva River in what Tallinn described as an unauthorized incursion. The incident, though short-lived, has heightened tensions along a border already marked by frequent friction. According......

Ukraine denounces U.S. pressure over use of frozen Russian assets

Ukraine has accused the United States of exerting pressure on European countries to abandon plans to use frozen Russian assets to support Kyiv, according to a senior Ukrainian official speaking anonymously. The official claimed that several European states are reluctant to publicly endorse the idea of mobilizing these frozen funds, while......

Lukashenko warns Ukraine conflict could evolve into global war as peace efforts intensify

Belarusian President Alexander Lukashenko has cautioned that the war in Ukraine risks escalating into a global confrontation if it is not halted soon. His warning comes as diplomatic momentum builds in Berlin, where negotiators from the United States and Ukraine have reportedly made major progress toward a potential peace deal. Speaking in......

Putin asserts resolve to secure Ukraine objectives through force or negotiation

Russia’s President Vladimir Putin reaffirmed his determination to achieve his military and political aims in Ukraine, declaring that Moscow will meet its goals either through sustained diplomacy or, if necessary, through continued use of force. Speaking at an annual defense conference, Putin insisted that Russian forces have established......

Meloni denounces Moscow’s tough stance as EU struggles over Ukraine funding

Italy’s Prime Minister Giorgia Meloni has sharply criticized Moscow’s “unreasonable” demands in ongoing peace efforts to end the war in Ukraine. Her remarks, delivered in the Italian parliament ahead of a key European Union summit in Brussels, reflected growing frustration among European leaders as negotiations stall......

Putin rejects Western warnings as Europe strengthens its eastern defense unity

Russian President Vladimir Putin dismissed escalating Western rhetoric about possible conflict, accusing European leaders of fueling “hysteria” and spreading “falsehoods” over Moscow’s intentions. His comments come amid growing military coordination among European nations along the bloc’s eastern boundary,......

Ukrainian drone offensive cripples Russian oil infrastructure in overnight strikes

Ukraine has intensified its drone campaign against Russian energy assets, launching a large-scale overnight assault that struck key oil facilities across the Krasnodar and Rostov regions. The coordinated attack marked one of Kyiv’s most far-reaching operations this winter, directly targeting Moscow’s fuel production and logistics......

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