russia

German Authorities: Risk €100bn In EU Plan On Russian Assets

German Authorities: Risk €100bn In EU Plan On Russian Assets

European Union proposal to use frozen Russian funds for a €140bn Ukraine loan raises alarm in Berlin as businesses warn of huge losses if Moscow retaliates.

Germany could lose up to €100 billion ($116 billion), if the European Union moves forward with plans to use frozen Russian assets to finance Ukraine’s reconstruction, according to estimates cited by German media on Thursday October 23, 2025.

The warning comes as EU leaders struggle to reach consensus on a proposal to raise roughly €140 billion ($163 billion), through a so-called “reparations loan” for Kyiv, backed by Russian central bank funds seized after Moscow’s

Sofiane Sehili Freed By Russian Court After Border Conviction

Sofiane Sehili Freed By Russian Court After Border Conviction

A Russian court on Thursday freed French endurance cyclist Sofiane Sehili after finding him guilty of illegally crossing the country’s border with China while attempting to break the record for cycling across the Eurasian continent.

The ruling came from a court in Primorye, Russia’s Far Eastern district, which said Sehili admitted his guilt but was released from custody and spared a 50,000-rouble (about $615) fine. “Sofiane Sehili was released from custody in the courtroom,” the court said in a statement.‎

Sehili, who describes himself as an “ultra-endurance racer and adventure cyclist,” had set off from Lisbon on July 1, aiming …

Ukraine: US Sanctions Rosneft and Lukoil To Pressure Russia

Ukraine: US Sanctions Rosneft and Lukoil To Pressure Russia

The United States has imposed sweeping new sanctions on Russia’s top oil producers, Rosneft and Lukoil, in an effort to push Moscow toward ending its war in Ukraine, President Donald Trump announced on Wednesday.

The decision represents Washington’s toughest economic measure in recent months and comes as Russian attacks on Ukrainian cities intensified, resulting in at least seven fatalities, including children, earlier that day.

US Treasury Secretary Scott Bessent stated that the sanctions aim at crippling Russia’s “war machinery,” accusing President Vladimir Putin of his unwillingness to “halt this pointless war.”

“Now is the time to stop the killing and …

Trump Says Modi Agrees To Reduce Russian Oil Imports

Trump Says Modi Agrees To Reduce Russian Oil Imports

US President Donald Trump has reaffirmed that India has consented to progressively decrease its purchases of Russian crude oil, stating that Prime Minister Narendra Modi confirmed this decision during a telephone call earlier in the week.

During a Diwali event at the White House on Tuesday, Trump informed reporters that Modi had expressed that India would not be purchasing significant amounts of oil from Russia and desires an end to the conflict between Russia and Ukraine.

Modi later acknowledged Trump’s “kind Diwali greetings” in a social media update, but did not address any talks about Russian energy supplies.

Last week, …

Swede's Wartime Food Reserves Soars As War With Russia Looms

Swede’s Wartime Food Reserve Surges As Russian War Looms

Swedish Government allocates $52 million for grain stockpiles and bunker upgrades as officials warn the nation could be isolated if conflict erupts with Russia.

Sweden is launching a nationwide food stockpiling program as it strengthens its civil defense systems amid rising tensions with Russia and concerns that the country could be “completely cut off” in a future conflict.

The Swedish government has earmarked 575 million krona ($52 million) in its upcoming budget to establish new grain reserves, marking the first large-scale investment of its kind in decades. Civil Defense Minister Carl-Oskar Bohlin said the initiative aims to reduce the country’s

Tomahawk Missiles: Zelensky Leaves Trump, But Without Promise

Tomahawk Missiles: Zelensky Leaves Trump, But Without Promise

Ukrainian President Volodymyr Zelensky and U.S. President Donald Trump met at the White House on October 17 but parted without a clear U.S. commitment to provide Ukraine with long-range Tomahawk cruise missiles. 

The lack of a firm commitment is significant as Tomahawks could enable Ukraine to strike deep into Russian territory, potentially undermining key energy infrastructure. Zelensky has long argued that denying Kyiv these capabilities weakens its leverage in the war.

Before reporters, Trump acknowledged that long-range missiles had been discussed. He remarked, “hopefully they won’t need it, hopefully we’ll be able to get the war over without thinking about …

Russia Attacks Ukraine Power Grid Amid Tomahawk Debate

Russia Attacks Ukraine Power Grid Amid Tomahawk Debate

Russia launched a wave of overnight strikes on Ukraine’s power grid across multiple regions, in what Kyiv described as an intensified campaign to degrade energy infrastructure ahead of winter. At the same time, Moscow voiced “extreme concern” over U.S. deliberations to arm Ukraine with Tomahawk cruise missiles.

In Kyiv’s region, two workers at the country’s largest private energy firm, DTEK, were wounded when a substation was hit, according to Governor Mykola Kalashnyk. Ukraine’s Energy Ministry reported simultaneous attacks on infrastructure in Donetsk, Odesa and Chernihiv regions.

Ukrainian President Volodymyr Zelenskyy warned that Russia is escalating “aerial terror” on energy facilities, …

Russia-Ukraine War: Key Events On Day 1,321

Russia-Ukraine War: Key Events On Day 1,321

As the war in Ukraine enters its 1,321st day, fighting and diplomatic tensions continue across multiple fronts.

The UN’s International Atomic Energy Agency (IAEA) reported that two rounds of shelling struck roughly 1.25 km from the Zaporizhzhia Nuclear Power Plant on Monday afternoon. The plant has been relying on emergency diesel generators for nearly two weeks after losing external power. Both Russia and Ukraine have accused each other of carrying out the attacks near the facility.

Ukraine’s General Staff said its drones hit the Feodosia oil terminal in Russian-occupied Crimea, sparking a “large-scale fire.” In northern Ukraine, a Russian strike …

Oil Prices Rise On Ukraine Conflict And Supply Concerns

Oil Prices Rise On Ukraine Conflict And Supply Concerns

Oil prices climbed on Tuesday amid growing concerns over supply disruptions as the conflict between Russia and Ukraine intensifies, while investors also weigh upcoming U.S. jobs data that could influence interest rate decisions.

Brent crude rose 37 cents, or 0.54%, to $68.52 per barrel by 7:17 AM WAT. U.S. West Texas Intermediate (WTI) crude gained $1.01, or 1.58%, to $65.02 per barrel. WTI futures did not settle on Monday due to the Labor Day holiday in the United States.

The market is closely watching U.S. labor data, set to be released this week ahead of the Federal Reserve’s September meeting. …

Trump Claims India Offers Tariff Cuts Amid Trade Tensions

Trump Claims India Offers Tariff Cuts Amid Trade Tensions

US President Donald Trump said India has offered to cut its tariffs “to nothing” even as he described the current trade standoff with the country as “a totally one-sided disaster.”

The remarks come after the United States imposed tariffs of 50% on certain Indian goods last week, including a 25% penalty linked to Delhi’s continued purchase of Russian oil. India has not formally responded to Trump’s latest comments, but tensions over the issue of Russian energy have strained ties between Washington and New Delhi to historic lows.

Trump accused India of benefiting disproportionately in trade, writing that the country sells …

White House Official Links Ukraine War To Modi Amid Tariffs

White House Official Links Ukraine War To Modi Amid Tariffs

A senior White House trade adviser has touched off a diplomatic storm by describing Russia’s invasion of Ukraine as “Modi’s war,” sharply criticizing India’s continued purchase of discounted Russian oil.

Peter Navarro, the U.S. trade adviser, made the remark in an interview with Bloomberg TV on Wednesday, just hours after sweeping U.S. tariffs on Indian goods—some as high as 50 percent—took effect. The duties include a 25 percent penalty linked directly to India’s imports of Russian oil and weapons, which Washington argues bankroll Moscow’s war machine.

“Everybody in America loses because of what India is doing,” Navarro said. “Taxpayers lose …

Ryazan Factory Blast Leaves 20 Dead And 130 Injured

Ryazan Factory Blast Leaves 20 Dead And 130 Injured

A devastating explosion at a factory in Russia’s Ryazan region has claimed the lives of 20 people, with more than 130 others injured, authorities confirmed Monday. The blast, which occurred last week, has left a community in mourning and prompted a criminal investigation into possible industrial safety violations.

“As of 7 a.m. on August 18, 20 people died as a result of the emergency in the Shilovsky district. There are 134 injured, of which 31 patients are in hospitals in Ryazan and Moscow,” the region’s operational headquarters reported via Telegram. The remaining 103 injured are undergoing outpatient treatment, while …