Vladimir Putin’s war economy is cooling, but Russians still feel richer Financial Times Russia’s struggling war economy might be what finally drives Moscow to the negotiating table CNBC Russia Classifies Budget As Ukraine War Costs Spiral Out of Control Newsweek Putin Has Retooled Russia’s Economy to Focus Only on War WSJ THE INTERVIEW: Russia’s wartime economy: a fortress or … Read more
The US will cut exports to Sudan and lines of government credit after determining banned weapons were used in the conflict between government forces and the RSF. The United States will impose sanctions on Sudan after determining that the country’s military used chemical weapons last year while fighting against paramilitary forces. “The United States calls … Read more
Sudan’s devastating war is now entering its third year, and the conflict is far from over. The United Nations has called this the most devastating humanitarian and displacement crisis in the world. Killings, rapes and famine are affecting millions of people. What will happen to the people of Sudan if things don’t change? And why … Read more
Russia targeted Ukraine on Sunday with one of its largest drone bombardments of the war, an apparent show of force only a day before President Trump is expected to talk with President Vladimir V. Putin as he pushes Russia to accept a cease-fire deal. The drone barrage, in which an estimated 273 exploding drones and … Read more
A Russian drone strike hit Ukraine’s Sumy region hours after first direct talks in three years. It took three years to get officials from Ukraine and Russia in the same room. But President Vladimir Putin, who proposed the meeting, did not go to Istanbul and the talks ended in less than 90 minutes. The result: … Read more
The US and China have agreed to slash tariffs temporarily in a surprise breakthrough. The United States and China have surprisingly agreed to a dramatic de-escalation in their trade war. Under the agreement, the world’s two largest economies have paused their respective tariffs for 90 days. That breaks an impasse which has brought much of … Read more
US President Donald Trump has announced he’s lifting years of sanctions on Syria. Syrians are describing it as a turning point – “The second joy since the fall of Bashar al-Assad.” United States President Donald Trump has announced he will lift all sanctions on Syria, as a way to help the country rebuild after years … Read more
Celebrations broke out across Syria after President Donald Trump said the United States would lift sanctions on the country. The Syrian foreign ministry on Tuesday welcomed Trump’s announcement, calling it a “pivotal turning point for the Syrian people, as we seek to emerge from a long and painful chapter of war”. “The removal of those … Read more
The world’s two biggest economies agree to de-escalate tariff face-off. The world’s two biggest economies have stepped back from the brink. After imposing retaliatory tariff hikes at rates never seen before, the United States and China have agreed to a truce. US taxes on Chinese goods will now fall from 145 percent to 30 percent, … Read more
These are the key events on day 1,174 of Russia’s war on Ukraine. Here is where things stand on Tuesday, May 13: Ceasefire Moscow has yet to say whether Russian leader Vladimir Putin will attend direct talks with Ukrainian President Volodymyr Zelenskyy slated for Thursday in Istanbul and proposed by Kyiv over the weekend. The … Read more