The World Bank on Tuesday said it had approved an additional financing package totaling $610 million to address urgent relief and recovery needs in Ukraine as the war with Russia continues. The package includes an additional $500 million loan from the World Bank’s International Bank for Reconstruction and Development (IBRD) that is supported by… Cyprus Mail …
Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent refiners stepped up purchases of discounted supplies while cutting shipments from rival suppliers such as Angola and Brazil. Imports of Russian oil, including supplies pumped via the East Siberia… Cyprus Mail …
A major fire broke out at an oil depot in the Budyonnovsky district of Russian-backed Donetsk People’s Republic in eastern Ukraine after Ukrainian troops shelled the province, Russia’s TASS reported on Tuesday, quoting a reporter at the scene. No casualties or injuries have been reported so far due to the fire, which… Cyprus Mail …
Russian President Vladimir Putin paid tribute on Thursday to Tsar Peter the Great on the 350th anniversary of his birth, drawing a parallel between what he portrayed as their twin historic quests to win back Russian lands. “Peter the Great waged the Great Northern War for 21 years. It would… Cyprus Mail …
The U.S. Senate overwhelmingly approved nearly $40 billion in new aid for Ukraine on Thursday sending the bill to the White House for President Joe Biden to sign into law as Washington races to keep military assistance flowing nearly three months after Russia’s invasion. The Senate voted 86-11 in favor of the… Cyprus Mail …
Ukraine said a new attempt had begun on Friday to evacuate scores of civilians trapped in a ruined steel works in the city of Mariupol, after bloody fighting with Russian forces thwarted efforts to bring them to safety the previous day. Mariupol, a strategic southern port on the Azov Sea, has… Cyprus Mail …