The European Union urgently needs investments of at least 100 billion euros. According to four member states bordering Russia, the EU must double its defense spending, Bloomberg reports. A document prepared by Lithuania,

A British man captured fighting on the Ukrainian side in Russia's Kursk region will face terrorism and mercenary charges that could see him jailed for years, Russian state investigators said on Thursday.

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US sanctions on Russia revive one of the market’s great arbitrage trades.

Syria has demanded reparations from Russia in order to "rebuild trust" after a meeting between Damascus' new administration and a Moscow delegation, according to local news sources. Russia and Syria's meeting to discuss future relations comes as Moscow looks to retain its two military bases in the Middle Eastern country.

The ongoing conflict has highlighted the importance of diversifying gas supplies to build resilience against geopolitical risks.

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.

With Russia wearing down Ukraine’s stretched forces and U.S. President Donald Trump pressuring the two sides to end their nearly 3-year-old war, Kyiv and some of its European allies are discussing how that might be achieved in a way that would guarantee Ukraine’s future security.

Aluminum rose in London as the European Union readied a proposal to gradually ban imports of the metal from Russia.

Russia says Ukraine shot down a military transport ... Ukraine’s president told world leaders at Davos that Europe needs to remain united and “learn how to take care of itself.”

Ukraine's largest private delivery company Nova Poshta invested Hr 1.8 billion ($43 million) to expand its Ukrainian network in 2024, a 35% increase from 2023, the company announced on social media.