Tag: Russia-Ukraine War
Putin signs off record Russian defense spending
KYIV, Ukraine -- Russian President Vladimir Putin approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in...
The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand even as it...
Ukrainian energy workers carry out repairs despite Russia's pounding of the country's power grid
On a bright winter day, workers at a Ukrainian thermal power plant repair its heavily damaged equipment as drops of water from melted...
Germany's top court rejects renewable energy producers' case against use of windfall profits
BERLIN -- Germany's highest court on Thursday rejected complaints by renewable energy producers against a government decision in 2022 to use their “excess...
Switzerland bars exports to Polish firm after Swiss-made ammunition ends up in Ukraine
GENEVA -- The Swiss government said Friday it is barring exports to a Polish military hardware supplier after concluding that some 645,000 rounds...
The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war
WASHINGTON -- Russia's third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday — in a move...