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Russia holds Kiev responsible for east Ukraine jail attack that killed 40
Jul 29, 2022 10:51Russian defense ministry says Ukrainian forces attacked a prison in separatist-held territory with US-made HIMARS rockets on Friday, killing 40 Ukrainian prisoners of war (POWs) and leaving 75 others wounded.
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German cities turn off lights, impose cold showers amid fuel crisis
Jul 29, 2022 09:05Amid the worsening fuel crisis, German cities are switching off spotlights on public buildings, turning off fountains, and imposing cold showers on municipal swimming pools and sports halls to reduce energy consumption.
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Poland threatens to break ranks with EU over gas plan
Jul 29, 2022 02:08Poland threatens to veto any formal plan obliging the European Union’s member to cut gas consumption if such a plan is approved in a “qualified majority” vote not a unanimous one.
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Ukraine steps up drive to take south back from Russia with airstrikes
Jul 28, 2022 14:03Ukraine has boosted its drive to retake Russian-controlled southern Kherson region with the help of airstrikes, five months into a military conflict between the two ex-Soviet states.
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Iran, Russia weigh plans for joint interbank payment system
Jul 28, 2022 00:16Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari unveiled plans for the creation of a joint interbank payment system between Iran and Russia, something akin to SWIFT.
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Russia to quit International Space Station after 2024, build own orbital station
Jul 27, 2022 12:07Russia says it will pull out of the International Space Station (ISS) after the country’s current commitment expires at the end of 2024, ending its decades-long partnership with NASA at the orbiting outpost and launching its own, new space station soon afterward.
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Concern mounts over EU gas, electricity supplies as Russia reduces exports to continent
Jul 27, 2022 09:04Up to a quarter of the EU's electricity demand is generated using gas. In some of the bloc's member states, it is higher. As less of it arrives from Russia, EU nations have agreed to reduce gas consumption by 15% until the spring.
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US/EU sanctions against Russia failed to have desired effect
Jul 27, 2022 04:02The US and EU sanctions against Russia have failed to have the desired effect so the US is now trying to limit the profitability of Russian oil sales by putting a price cap on it.
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Russia doing better than expected despite sanctions: IMF
Jul 27, 2022 03:57Russia’s economy is doing better than expected despite Western sanctions imposed on Moscow over the war in Ukraine, the International Monetary Fund says in a new report.
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EU agrees to cut gas consumption as Russia squeezes supply
Jul 26, 2022 10:52European Union (EU) members have agreed to reduce gas consumption as a European energy crisis deepens with Russia's latest decision to tighten the squeeze on the flow of gas to the continent.