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Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20

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Russia, China readying 80 joint projects to the tune of $200 billion — envoy

Russia, China readying 80 joint projects to the tune of $200 billion — envoy

According to Boris Titov, so far in 2005, Chinese entrepreneurs have officially registered 13,000 firms in RussiaXI’AN /China/, November 24. /TASS/. Russia and China are preparing an estimated $200 billion of joint investment projects, Boris Titov, co-chairman of the Russian-Chinese Comm

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Putin ‘preparing for war against NATO' after Russia hit by huge mystery gas blast.

Putin ‘preparing for war against NATO' after Russia hit by huge mystery gas blast.

A Polish armed forces chief has warned that Vladimir Putin is preparing for war after what an "unprecedented act of sabotage" where a key rail link between Warsaw and Ukraine was blown upPutinPutin is preparing for war it is claimedRussia is preparing for war against NATO, Po

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US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024 filings.The Trump administration on Friday gave clearance to potential buyers to talk to Russia’s Lukoil about buyin

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EU disgusted with ‘endemic corruption’ in Ukraine

EU disgusted with ‘endemic corruption’ in Ukraine

Kiev’s European backers are seeking guarantees that their financial aid would not be embezzledThe EU is seeking concrete commitments from Ukraine in the wake of the bombshell corruption scandal implicating Vladimir Zelensky’s close associate, Politico Europe reported on Friday, citing

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NATO state accuses China of ‘massively’ financing Russia

NATO state accuses China of ‘massively’ financing Russia

Finland has said that the two countries’ cooperation is a growing challenge for the US-led military blocFinland has accused China of supporting Russia in the Ukraine conflict and described the two countries’ deepening cooperation as a growing challenge for NATO. Beijing has repeatedly

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Russia to demonstrate new Supercam high-speed recon drone at Dubai Airshow

Russia to demonstrate new Supercam high-speed recon drone at Dubai Airshow

Russia’s integrated exposition at the Dubai Airshow 2025 will feature the Supercam S350 dual-purpose UAV, the Supercam SX350 vertical takeoff and landing drone and the Supercam X4 rotary-wing drone, the Unmanned Systems Group of Companies saidMOSCOW, November 13. /TASS/. Russia will for

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Russian economic meltdown as 7,000 companies face bankruptcy.

Russian economic meltdown as 7,000 companies face bankruptcy.

Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last

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Ukrainian servicemen surrender in Kharkov Region for water — administration

Ukrainian servicemen surrender in Kharkov Region for water — administration

According to head of the Kharkov military-civilian administration Vitaly Ganchev, such cases are constantLUGANSK, November 13. /TASS/. Ukrainian servicemen often surrender to Russian captivity in the Kharkov Region just to drink water, Vitaly Ganchev, the head of the Kharkov military-civil

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Oil rises after Ukrainian attack on Russian depot.

Oil rises after Ukrainian attack on Russian depot.

Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or

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