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World Bank figures: War in Ukraine fuels income rise for Russia 11:35 12.07.2024

World Bank figures: War in Ukraine fuels income rise for Russia

Russians are getting richer despite Western sanctions and a costly war in Ukraine, new figures suggest. Since February 2022, the U.S. and its allies have subjected Russia to a comprehensive set of sanctions and embargoes, intended to both hamper its military and provide the economic squeeze necessary to push Putin …
War and peace for Ukraine, or does “Orban’s formula” really exist? 12:25 11.07.2024 Denis Baturin

War and peace for Ukraine, or does “Orban’s formula” really exist?

Hungarian Prime Minister Viktor Orban made his grand tour for many reasons, above all to discuss ways out of the ongoing crisis in Ukraine, which is increasingly impacting the situation in the world, posing risks for political regimes, and most importantly, becoming a catalyst for a revision of the world …
WP: Modi bear-hugs Putin in Moscow, marking deep ties between Russia and India 12:24 11.07.2024

WP: Modi bear-hugs Putin in Moscow, marking deep ties between Russia and India

Despite Washington’s efforts to woo Prime Minister Narendra Modi and isolate President Vladimir Putin, the visit shows continuing close relations between their countries, ‘The Washington Post’ writes. As Modi makes his first visit to Russia since 2022, the images emerging from Moscow of Modi wrapping the Russian president in a …
Declassified US archives show Clinton told Yeltsin NATO would “not be a threat to Russia” 12:21 11.07.2024

Declassified US archives show Clinton told Yeltsin NATO would “not be a threat to Russia”

According to the declassified documents, Boris Yeltsin suggested making a "gentlemen’s agreement" that no former Soviet republics would enter NATO, TASS informs. Ex-Russian President Boris Yeltsin told US counterpart Bill Clinton in 1997 that NATO’s eastward expansion was a mistake, while the latter gave assurances that the bloc would pose …
Saudis warned G-7 over Russia seizures with debt sale threat 12:21 11.07.2024

Saudis warned G-7 over Russia seizures with debt sale threat

Saudi Arabia privately hinted earlier this year it might sell some European debt holdings if the Group of Seven decided to seize almost $300 billion of Russia’s frozen assets, people familiar with the matter said, Bloomberg writes. The kingdom’s finance ministry told some G-7 counterparts of its opposition to the …
UK public finances in worst state since Second World War 12:20 11.07.2024

UK public finances in worst state since Second World War

Rachel Reeves (photo) has warned that Britain’s new Labour government has inherited “the worst set of circumstances since the second world war”, as she instructed the Treasury to examine previous spending under the Conservatives, writes ‘The Financial Times’. In her first major speech in the role, the UK chancellor prepared …
Will people of the 21st century get the taste of “nuclear mushrooms”? 11:22 10.07.2024 Sergey Filatov

Will people of the 21st century get the taste of “nuclear mushrooms”?

The ever-increasing talk about how the current confrontation could spill over into an exchange of nuclear strikes has become a very unnerving sign of the summer of 2024. The clouds of conflict are swelling, the tension is thickening and the distance between words and deeds is shortening, while the Doomsday …
Patriots for Europe becomes EU Parliament’s 3rd-largest group 11:20 10.07.2024

Patriots for Europe becomes EU Parliament’s 3rd-largest group

France’s far-right leader Marine Le Pen has joined forces with the Hungarian prime minister Viktor Orbán in a new far-right alliance in the European parliament, POLITICO informs. Jordan Bardella of the French National Rally will be the president of the European Parliament’s new far-right group, Patriots for Europe. National Rally …
The Hill: “Will NATO still exist in 25 years?” 11:17 10.07.2024

The Hill: “Will NATO still exist in 25 years?”

The inevitable demise of the Alliance has even deeper roots — roots having to do with the shift in polarity over the past decade or so, stresses The Hill. NATO was conceived in a bipolar world to address the reality of superpower competition. The rigid alliance structure and focus on …
Chinese, Belarusian armies to hold joint anti-terrorism exercise 11:17 10.07.2024

Chinese, Belarusian armies to hold joint anti-terrorism exercise

Belarus and China will hold joint counterterrorism drills from July 8-19 in the Eastern European country, the Belarusian Defense Ministry said on Saturday. "Servicemen of the Chinese People’s Liberation Army have arrived in Belarus. The soldiers will take part in a joint counterterrorism exercise which will take place from July …
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