The BRICS bloc’s push to create a new trade and reserve currency that can serve as an alternative to the dollar could start chipping away at the greenback’s hegemony in less than three months’ time, former CIA and Department of Defense advisor and investment banker James Rickards has predicted. “It involves the rollout of a…
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While Ukrainian forces tend to treat each new addition to their arsenal supplied by the West as a game changer, their jubilation tends to be short-lived as Russian forces swiftly learn how to deal with these threats. A Storm Shadow cruise missile Kiev recently got from the UK proved to be no exception.Yesterday, Russian air defense units operating in the Ukrainian conflict zone shot down two Storm Shadow missiles, as well as several other airborne threats.Also, some 12 UAVs operated by Kiev forces were shot down by Russian air defense units in Russia’s Lugansk People’s Republic, Donetsk People’s Republic and Zaporozhye region.The United States and its allies have supplied billions of dollars worth of weapons and military hardware – including small arms, artillery, multiple launch rocket systems and air defense systems – to Ukraine, fanning the flames of the ongoing conflict in the country and effectively helping prolong the fighting and the suffering of the Ukrainian civilians.
The value of frozen Russian private assets under sanctions increased from 18.9 billion euros in December to 24.1 billion euros in late May, the newspaper said. As many as 1,473 individuals and 205 firms from Russia have been sanctioned by the EU, German media added. After the start of Russia’s military operation in Ukraine on February 24, 2022, Western countries have imposed comprehensive sanctions against Russia, including the freezing of nearly half of the country’s foreign currency reserves – amounting to about $300 billion. The European Union alone has frozen assets of Russian entities and individuals worth dozens of billions of dollars under 10 packages of sanctions.
MOSCOW – Russia’s Wagner mercenary group has started withdrawing its forces from the Ukrainian city of Bakhmut and transferring its positions there to regular Russian troops, its founder Yevgeny Prigozhin said in a video published on Thursday. “We are withdrawing the units from Bakhmut. From today at five in the morning, May 25 until June…
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Russia moved ahead on Thursday with a plan to deploy tactical nuclear weapons in Belarus, whose leader said the warheads were already on the move, in the Kremlin’s first deployment of such bombs outside Russia since the 1991 fall of the Soviet Union. The U.S. State Department denounced the deployment plan, but said Waacshington had…
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Russia has intercepted two US Air Force strategic bombers flying over the Baltic Sea. The Russian defense ministry said on Tuesday Russia had scrambled a Su-27 fighter jet to “prevent violations of the state border” by the American bombers, AFP reported. “After removing the foreign military aircraft from the Russian state border, the Russian fighter went…
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By Harun Maruf The United States military has confirmed conducting a new airstrike against al-Shabab militants in the Middle Juba region of southern Somalia. The airstrike took place in Jilib town on Saturday in collaboration with the Somali federal government, according to a press statement released Monday by the U.S. Africa Command known as AFRICOM….
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Source: Saudi Press Agency Jeddah, May 21, 2023, SPA — The Kingdom of Saudi Arabia and the United States of America announce that on May 20, 2023, in Jeddah, Saudi Arabia, representatives of the Sudanese Armed Forces and the Rapid Support Forces signed an Agreement on a Short-Term Ceasefire and Humanitarian Arrangements. The short-term ceasefire,…
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A temporary ceasefire in Sudan has been agreed as fighting between two warring factions entered its sixth week. Previous truce attempts between Sudan’s regular army and the paramilitary Rapid Support Forces (RSF) have tended to collapse within minutes of beginning. But the new deal will be enforced by a “ceasefire monitoring mechanism,” according to a US-Saudi…
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KYIV, Ukraine (AP) — The head of the Russian private army Wagner claimed Saturday that his forces have taken control of the city of Bakhmut after the longest and most grinding battle of the Russia-Ukraine war, but Ukrainian defense officials denied it. In a video posted on Telegram, Wagner head Yevgeny Prigozhin said the city…
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