Ukraine
Europe faces harsh realities in Ukraine as long war looms - Ash
Timothy Ash, senior sovereign strategist at BlueBay Asset Management in London, says European policymakers are belatedly waking up to the fact that the war in Ukraine is set to be prolonged — and that they alone may have to foot the bill.
Poland closes its border with Belarus, cutting off China's rail link to Europe
Poland’s decision to close its border with Belarus in response to the quadrennial Zapad-2025 military exercises and Russian drone incursion on September 10 has abruptly severed one of the fastest-growing trade arteries between China and the EU.
Europe remains Russia's number one biggest importer of gas, top five importer of oil in August
US President Donald Trump complained that the EU is still importing too much Russian oil and that the White House will not put sanctions on Russia unless the EU cuts back on this business.
The European Commission proposes to “creatively” tap Russia’s $300bn of frozen assets with Reparation Loans
The European Commission is floating a new idea of how to “creatively” tap Russia’s $300bn of frozen assets without the need to appropriate, which is legally questionable, by replacing the money transferred to Kyiv with EU-backed bonds.
Russia’s 13 “drowning men” sink into corporate debt – The Bell
The Central Bank of Russia has quietly acknowledged growing financial distress among the country’s largest companies, identifying 13 corporations as "truly problematic" borrowers at the end of the first quarter.
Most Ukrainians reject Russian peace plan, back continued resistance, poll shows
An overwhelming majority of Ukrainians remain committed to resisting Russia’s invasion and reject Moscow’s latest peace proposals, even as many recognise that the war is unlikely to end soon, according to a new survey by the KIIS.
Fuel prices in Kyrgyzstan rocket as Ukraine steps up drone strikes on Russian refineries
Central Asian country relies on Russia for nine-tenths of its fuel.
COMMENT: Ukraine’s coming financial storm
“A crisis is drawing ever closer. It will break in Ukraine, but it won’t begin on the frontlines, where the country’s battle-weary brigades continue to impose a brutal cost on the Russian invader," writes Timothy Ash of BlueBay Asset Management.
Ukraine hits multiple Russian oil refineries, Trump calls for more EU oil sanctions
Ukraine is expanding its campaign of trying to cut the Kremlin off from its oil export income with a campaign of targeting Russia’s oil refining and pipeline assets, using its new long-range drones and missiles.
Extreme poverty falling steadily – OWID
To track progress towards ending extreme poverty, the United Nations relies on World Bank estimates of the number of people living below a poverty threshold called the “International Poverty Line” (IPL), Our World in Data (OWID) reports.
Two thirds of Germans fear a Russian invasion fuelling far-right election gains in western heartland
Public anxiety over a potential Russian attack on Nato territory has surged in Germany following the recent drone incursion on September 10 into Polish airspace that coincided with sharp gains by the far-right Alternative for Germany (AfD).
McFaul: Putin Is Making Trump Look Weak
It’s time for a new, effective, and credible response. Nearly two dozen Russian drones crossed into Polish airspace. Nato forces promptly shot them down - the first direct military confrontation between Russia and Nato since the Ukraine war started
Lukewarm support for Polish UN vote condemning Russian drone incursion
Only 46 out of 193 UN member states signed a joint UN declaration on September 12, denouncing Russia’s alleged involvement in a drone incursion into Polish airspace two days earlier.
Ukraine facing a financial cliff as IMF warns Ukraine may need an extra $20bn of external funding in 2025
The International Monetary Fund (IMF) has concluded that Ukraine’s financing needs for 2026 and 2027 could be as much as $20bn higher than the government in Kyiv’s own estimates, as negotiations begin on securing a new aid package.
Kremlin puts Russia-Ukraine ceasefire talks on hold
Negotiation channels between Russia and Ukraine remain formally open but the Kremlin has put talks on hold, as prospects for renewed diplomatic engagement appear remote. Presidential spokesman Dmitry Peskov said.
UKraine's NBU keeps rates at 15.5% for the fourth consecutive time
The National Bank of Ukraine (NBU) kept the key policy rate unchanged at 15.5% for a fourth time in a row on September 11, citing persistent inflationary pressures despite a clear downward trend in consumer price growth, UBN reports.
Russia's Zapad -2025 military exercises are a show of strength as military tensions in Europe rise
The joint Russia and Belarus military exercises get underway on September 12 that will be closely watched by Nato analysts to gauge how strong Russia’s military has become after more than three years of war.
#BREAKING: Belarus releases another 52 prisoners after talks with US
Belarus has released another 52 prisoners following negotiations with the US , with President Alexander Lukashenko granting pardons on what state media described as humanitarian grounds, the BelTA news agency reported on September 11.
COMMENT: What were Russian drones doing in Poland?
With no clear explanation from Moscow, theories have proliferated over how and why more than a dozen Russian drones crossed into Poland on September 10—and what this means for European security.
One in three Poles blame Ukraine for the drone incursion into Polish airspace
For the first time during the full-scale war in Ukraine, Poland has shot down multiple Russian drones in its airspace on September 10, but a third of Poles have blamed the strike on Ukraine, not Russia, according to a poll.