Tag: Russia

BUSINESS

ExxonMobil Makes Multi-Billion Dollar Profits To End 2023

ExxonMobil has posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production. Profits from oil majors have been down in 2023 by about a third from record levels in 2022, pressured as oil and gas prices retreated after spiking when Russia invaded Ukraine. Exxon Chief Executive Darren Woods said the industry saw […]

NEWS

North Korea Supplies Russia With Ballistic Missiles

The U.S. has accused North Korea of supplying Russia with ballistic missiles and missile launchers that were used in recent attacks on Ukraine. The Pyongyang-supplied missiles with ranges of around 900 kilometers were fired by Russia in two attacks within the last week. The White House says the development underscored the need for the US Congress to pass a package […]

EDITORIAL

Why President Putin Is Winning

President Putin seems to be having the last laugh as the war between Ukraine and Russia continues unabated. The fact is the U.S. and its allies are already showing weakness in support for Ukraine and, after two years, are suffering from war fatigue. Political pundits have now argued that Putin’s patience has paid off, especially against the backdrop of U.S. […]

NEWS

Vladimir Putin Seeks Fifth Term As Russian President

Russian President Vladimir Putin has said he will stand again for a fifth term in office. He made the announcement at an awards ceremony for participants of the full-scale war he launched against Ukraine last year. It comes a day after election officials set March 15-17, 2024, as dates for the presidential election. The re-election of Mr. Putin is seen […]

NEWS

US Running Out of Money to Fund Ukraine War, Budget Office Says

The U.S. is running out of money and time helping Ukraine in its defense against Russian aggression, Office of Management and Budget Director Shalanda Young warned in a letter to Republican House Speaker Mike Johnson and other congressional leaders. Young said in the letter that by the end of the year, the U.S. will no longer have the funds to […]

NEWS

Blinken Slams ‘Growing, Dangerous’ Russia-North Korea Military Ties

SEOUL — U.S. Secretary of State Antony Blinken condemned what he said was the “growing and dangerous” military cooperation between North Korea and Russia, following reports that Pyongyang is supplying weapons for Moscow’s war in Ukraine. “This is a matter of deep concern for both of us, as well as for other countries around the world,” Blinken said at a press […]

NEWS

Russian Troops Strained By Elements

The British Defense Ministry said Sunday that Russian soldiers in Ukraine are suffering from an “age-old battle against the elements.” The daily British intelligence report said that soldiers at a military affairs conference in Moscow complained earlier this month about being “wet from head to toe” for weeks on the front line and unable to light a fire for “a […]

NEWS

Hamas Travels To Russia For Support

Hamas, the Palestinian Islamist movement that continues to control the Gaza Strip and opposes Israel’s existence, is considered a terrorist organization by the US, the EU, and Israel, but not by Russia, China, Turkey, and some other countries. The Palestinian militant group had maintained its contacts with Russia since 2006 when it won the Palestinian parliamentary elections and was invited […]

NEWS

Putin Ally Warns EU Against Seizing Russian Assets for Ukraine’s Reconstruction

Russia would likely confiscate the assets of European Union countries, if the bloc takes frozen Russian funds to finance Ukraine’s reconstruction, according to Vyacheslav Volodin, chairman of Russia’s lower house of parliament and an ally of Russian President Vladimir Putin. Last week, European Commission President Ursula von der Leyen said that she was crafting a proposal that would take the […]

NEWS

Iran Adds Russian Combat Trainer Jets To Air Force, Reports Say

TEHRAN, IRAN — Iran’s air force has received a batch of advanced Russian combat trainer jets to “improve the training and combat capability of the air force,” local media reported Saturday. “A number of Yak-130 training aircraft entered the country and joined the Shahid Babaei Air Base in Isfahan” in central Iran, according to Tasnim news agency. The agency, quoting the […]