Ukraine's Budget Boost and Russia's Economic Woes

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What's Happening?

Ukraine is increasing its defense budget, while Russia is facing economic challenges.

Key Points:

Ukraine's budget committee has supported amendments to allocate an additional $7.8 billion for defense
Russia is experiencing disruptions in supply chains due to tighter customs inspections, leading to price rises

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Pravda UAhttps://www.pravda.com.ua/eng/news/2025/10/21/8003674/
Economy
Ukraine
Russia
Defense
Budget

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Ukraine's Corruption Scandal: What's Going On?

UkraineZelenskyyCorruptionSanctionsScandalKvartal 95

Introduction to the Scandal

Ukraine is dealing with a big corruption scandal.

Key Points

President Volodymyr Zelenskyy's associate, Tymur Mindich, is involved in the scandal and has had sanctions imposed on him.
Mindich is a co-owner of the Kvartal 95 studio, which Zelenskyy founded before becoming president.
The sanctions include a freeze on Mindich's assets in Ukraine, but do not prevent him from entering the country.

What Does This Mean?

This scandal raises questions about corruption and influence in Ukraine's government.

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Pravda UAhttps://www.pravda.com.ua/eng/news/2025/11/13/8007126/

Ukraine's Energy Sector Rocked by Corruption Scandal

UkraineCorruptionScandalEnergy Sector

Introduction to Corruption Scandal

Ukraine is dealing with a major corruption scandal in its energy sector.

Key Points

Corruption scheme involved kickbacks worth $100 million
Several high-ranking officials and businessmen implicated
President Zelenskyy's former associate, Tymur Mindich, named as suspect

NATO's Stance on Ukraine and Russia: What You Need to Know

ConflictUkraineRussiaNATODefense

Introduction to NATO's Strategy

NATO has been playing a crucial role in the ongoing conflict between Ukraine and Russia.
What's at stake?

Key Points to Consider

NATO did not impose a no-fly zone over Ukraine due to fears of escalating the conflict into a full-scale war with Russia.
The alliance has reversed its 'ammo gap' with Russia, increasing production and shortening delivery times.
NATO is focusing on building a robust defense industry, with member states agreeing to spend 5% of their GDP on defense by 2035.

Russia's Attacks and Economic Struggles

EconomyUkraineRussiaAttacksCar Industry

Russia's Attacks on Ukraine

11 Russian attacks on vessels in Odesa Oblast ports from January to September 2025
13 civilian ships and 1 naval vessel damaged

Economic Struggles

Russia's car production fell by 20% in the first nine months of 2025
Sales of new cars in Russia fell by 22% between January and September

Read full original articles:

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Pravda UAhttps://www.pravda.com.ua/eng/news/2025/11/04/8005759/

Russia's Oil Exports Hit Rock Bottom

RussiaSanctionsOil ExportsEnergy TradeGlobal Market

What's Happening with Russia's Oil Exports?

Russia's oil product exports have fallen to their lowest level since the start of the full-scale invasion.
Refinery shutdowns and Western sanctions are disrupting the country's energy trade.

  • *Will this impact the global energy market?
    Russia's oil exports have been declining, with a significant drop in crude oil and fuel oil flows. However, diesel exports remain relatively stable, with most shipments going to neighboring markets.

Key Points:

Average volume of seaborne oil product exports is at 1.89 million barrels per day.
Sanctions are forcing traders to navigate around payment routes and shipment schedules.

Read full original articles:

SourceLink
Pravda UAhttps://www.pravda.com.ua/eng/news/2025/10/31/8005272/

US-China Trade War: What's Next?

USAEconomyChinaTariffsTrade WarUS-China Trade War

Introduction to the US-China Trade War

The US and China have reached a truce in their trade war. **But what does this mean for you?

Key Points:

The truce is only for a year
China has agreed to buy US soya beans again
The US has reduced tariffs on Chinese goods

So, what's next?

One thing is for sure: this truce is a big deal. But will it last?

Trump Orders Nuclear Testing Restart

TrumpRussiaChinanuclear testingnuclear weapons

Trump's Decision

Trump has ordered the US to resume nuclear weapons testing, citing Russia's recent missile tests and China's growing nuclear capabilities.

Key Points

The US last conducted a nuclear test in 1992
Trump wants to match other nations' testing programs
The move is seen as a response to Russia's new missile tests and China's expanding nuclear arsenal

Europe in Focus: Ukraine, Russia, and the Netherlands

PoliticsUkraineRussiaEuropeNetherlands

What's Happening in Europe?

Ukraine is ready for peace talks, but won't back down. The country needs financial support to keep fighting Russian forces.
Ukraine needs European financial support to continue fighting
The Netherlands is counting votes in a parliamentary election, with the far-right PVV party narrowly ahead

What's Next?

Poland has scrambled jets and closed airports in response to Russian attacks on western Ukraine. Will the US and Europe increase pressure on Russia?

Drone Attacks on Russia: What's Happening?

ConflictUkraineRussiaEnergy InfrastructureDrone Attacks

Drone Attacks: Ukraine has launched drone attacks on Russian energy infrastructure, causing disruptions and fires.

Key Points:

Russian air defense units destroyed 100 Ukrainian drones overnight
Several drones targeted Moscow and other regions
Air traffic was disrupted across Russia, with several airports closed for safety reasons

What's Next? Will these attacks escalate the conflict?

Read full original articles:

SourceLink
Pravda UAhttps://www.pravda.com.ua/eng/news/2025/10/29/8004915/

UK Secures £8 Billion Jet Deal with Turkey

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Introduction to the Deal

The UK has signed a deal to sell 20 Typhoon jets to Turkey, worth up to £8 billion.

What You Need to Know

The agreement deepens ties between the two NATO allies and boosts Turkish air defences
The deal is expected to support thousands of British jobs
The Eurofighter Typhoon is a multirole fighter jet that can travel at speeds of up to Mach 1.8

Russia's Oil and Grain Woes Escalate

UkraineRussiaSanctionsOilGrain

What's Happening with Russia?

Russia is facing major issues with its oil and grain exports.
The price of Russian crude oil has dropped due to Western sanctions.
Chinese refineries have cancelled some purchases of Russian oil.
A Russian deputy agriculture minister has been accused of stealing Ukrainian grain.

The Impact

These developments are affecting global oil prices and Ukraine's agricultural sector.

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Pravda UAhttps://www.pravda.com.ua/eng/news/2025/10/28/8004750/

Ukraine's Budget Boost: What You Need to Know

EconomyUkraineRussiaBudgetDefense Spending

Budget Plans

Ukraine's draft budget for 2026 allocates a huge amount for defense spending. But what's interesting is that revenues from Ukraine's own resources are expected to exceed defense spending by UAH 21 billion.
This amount will be allocated to Special Operations Centre Alpha and the Foreign Intelligence Service.

Economic Challenges

Meanwhile, Russia is facing some serious economic challenges. Wage arrears have reached RUB 1.95 billion, and the total amount of unpaid wages has quadrupled since September 2024.
The main cause is the shortage of working capital among businesses.

Read full original articles:

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Pravda UAhttps://www.pravda.com.ua/eng/news/2025/10/24/8004306/

Putin's Nuclear Missile Test Sparks Tension

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What's Going On?

Putin's recent nuclear missile test has sparked tension, with Trump warning him to end the war in Ukraine.

Key Points:

Putin's new missile, dubbed "Flying Chernobyl", has been successfully test-launched
Trump warns Putin to end the war in Ukraine instead of testing missiles
The missile is powered by a nuclear engine and can fly for days

Ukraine-Russia Conflict Escalates: What's Next?

ConflictUkraineRussiaSanctionsInternational Relations

Latest Developments

Ukrainian president to meet with UK prime minister to discuss using frozen Russian assets to fund Ukraine's defenses
Russia faces new US sanctions, while China and India scale back Russian oil imports
Lithuania authorizes shooting down smuggling balloons from Belarus, citing 'hybrid attacks'

What Does This Mean?

Increased tensions** between Ukraine and Russia, with both sides taking drastic measures to gain the upper hand

Key Questions

Will the international community be able to find a solution to the conflict, or will it continue to escalate?

Russia's Attacks on Ukraine: Key Updates

UkraineRussiaWarAttacksDisruption

Latest Developments

Train services disrupted in Sumy, Dnipropetrovsk, and Kharkiv oblasts due to Russian attacks

  • Optima-Pharm warehouse* destroyed, with losses over $100 million
    Energy facilities attacked in Kirovohrad, Dnipropetrovsk, and Sumy oblasts

What's Happening?

You might wonder, what's the impact on Ukraine? The attacks have left many without power and disrupted daily life.

Read full original articles:

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Pravda UAhttps://www.pravda.com.ua/eng/news/2025/10/23/8004050/

Russia's New Nuclear-Powered Cruise Missile: What You Need to Know

RussiaMilitaryNuclear MissileCruise Missile

Introduction to Russia's New Missile

Russia has tested a new nuclear-powered cruise missile with an unlimited range.

Key Features of the Missile

The missile travelled 14,000km and was in the air for about 15 hours during the test.
It has an unpredictable flight path and can evade missile defences.

What Does This Mean?

This new missile is a game-changer for Russia's military capabilities.

Russia's Drone Attacks on Ukraine: What You Need to Know

ConflictUkraineRussiaAir DefenseWarDrone Attacks

Introduction to the Conflict

Russia has been launching drone attacks on Ukraine, resulting in casualties and damage.

Key Points

Three people were killed and 27 wounded in an overnight drone attack on Kyiv
Six children were among the wounded
The attack came a day after other Russian drone and missile strikes killed four and wounded about 20 others in Kyiv
Ukrainian President Volodymyr Zelenskyy is seeking additional Western air defense systems to protect his country
The US has provided Ukraine with at least seven Patriot systems, but Zelenskyy is hoping to purchase 25 more

The Bigger Picture

What's behind these attacks, and how can Ukraine protect itself?

Ukraine Under Attack: Latest Developments

ConflictUkraineRussiaAir DefenseWarSanctions

What's Happening in Ukraine?

Russian drones and missiles have been pounding Ukrainian cities, killing and injuring many.
At least 4 people killed and 20 wounded in recent attacks
Ukraine's president pleas for Western air defense systems

What's Next?

Ukraine is seeking support from European leaders to shield itself from Russian aggression.

Ukraine's Quest for Long-Range Missiles: A Turning Point?

warUkraineRussialong-range missilesWestern allies

Ukraine's president is on a mission to get long-range missiles from Western allies

To strike Russian targets and change the course of the war
The US and UK have Tomahawk missiles, but other European countries are also developing their own
Ukraine's leader is urging allies to step up and provide the weapons, citing Russia's desperation to stop them

Will Ukraine get the missiles it needs?

Russian Aircraft Violate Lithuanian Airspace: What's Happening?

RussiaNATOLithuaniaAirspace Violation

What's Going On?

Russian aircraft entered Lithuania's airspace, a NATO member country.
2 Russian planes, an SU-30 and an IL-78, flew into Lithuanian airspace for 18 seconds
Lithuania accused Russia of violating its airspace, while Russia denied the claim

Why Does it Matter?

This incident raises concerns about NATO and Russia relations, and whether Russia is testing NATO's defenses.