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
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
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
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
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United Nations findings accusing him of orchestrating the large-scale plunder of the country’s oil wealth.A series of presid
Finance State Minister Amos Lugoloobi has finally walked free after the Directorate of Public Prosecutions (DPP) dropped all charges against him in the famous Karamoja iron sheets scandal, a case that once shook the government and angered millions of Ugandans.The DPP’s decision comes at
Last week, violent clashes broke out in Yumbe district over, of all things, pork.It is a poorly kept national secret that many Ugandans treat this as a delicacy. Indeed, many lifelong friendships (not to mention marriages) and other abiding ties have been forged, and strengthened over the
Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government shutdown, wit
Volodymyr Zelensky said that King Charles had helped build relations with Donald Trump and described the British monarch as "very supportive" of Ukraine.In an interview on Sunday, during which Russian strikes on the country's energy grid caused the lights to twice black out, Mr Zelensky he
Sergey Lavrov has been the face of Russian diplomacy for over two decades and previously served as Russia’s ambassador to the UN.The news out of Moscow is a bit of non-news: Russia’s top diplomat is still in his job.On Friday, Kremlin spokesman Dmitry Peskov moved to tamp down i
