Since early 2022, amid the war in Ukraine and the wave of sanctions, many assumed Russian tourism in Europe would grind to a halt. However, reality proved otherwise.
How global trade geography is shifting after the start of the war in Ukraine: why the Middle Corridor has become a battleground between Turkey, China, the EU and Russia.
It is reasonable to assume that the Moscow court will support the Central Bank’s argument that it has suffered losses equivalent to the full amount of its frozen reserves.
The continent faces a whole set of constraints — from shortages in air-defense assets and technological inertia to the complexity of intergovernmental coordination and financing.
The report translates these sums into military equivalents: with such revenues, Russia could acquire up to 9.4 million 152 mm artillery shells (roughly three years at today’s 3 million-per-year output), about 270,000 Shahed-type attack drones, or 2,658 tanks.
Brussels is preparing a controversial move: at this week’s summit in Copenhagen, leaders will discuss how to speed up Kyiv’s application and prevent a single veto from stalling the entire process.
Speaking on Friday in Brussels after a series of meetings with European officials, Wright stressed that it is safer and more advantageous for Europe to obtain energy “from friends.”
The initiative came during the U.S. president’s video call into a meeting of senior U.S. and EU officials in Washington, where they discussed ways to raise the cost of the war for Moscow.
The meeting at the Élysée Palace brought together Volodymyr Zelenskyy and leaders of 35 countries; after in-person talks, the participants held a joint call with the President of the United States.
Europe’s question of the day: what, exactly, will allies put on the table to back Kyiv?
Brussels is seeking a way to channel the returns from frozen Russian funds into Ukraine’s defense and postwar reconstruction without resorting to immediate confiscation.
The administration of President Donald Trump is trying to jump-start the stalled peacea process in the war in Ukraine—and a key role in that effort has been assigned to Marco Rubio.
Nayara is a major player in India: its refinery of about 400,000 barrels per day accounts for 8% of the country’s processing capacity, and its network of filling stations covers roughly 7% of the retail fuel market.
