Germany is set to spend €100 billion ($107 billion) to boost its military. Der Spiegel magazine says it has obtained the spending plan and reported on Tuesday that the bulk of the money will go towards strengthening the country’s air force. Chancellor Olaf Scholz proposed the spending spree in February, …
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A new name has been developed for the McDonald’s restaurant chain in Russia and will be announced later on, according to Russian media reports on Monday. Izvestia newspaper reported on Monday, citing an unnamed person with the knowledge of matter, that the Latin letters ‘Mc’ will be used as a …
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The US plans to keep 100,000 troops in Eastern Europe for the foreseeable future, potentially even increasing the number if it perceives a threat from Russia to NATO or its two new prospective members, Sweden and Finland, several officials told CNN on Friday. If NATO carries out more military exercises …
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Turkey’s list of demands for NATO and its prospective members Finland and Sweden includes the removal of sanctions imposed on Ankara over its purchase of S-400 missile defense systems from Russia, as well as re-inclusion in the F-35 advanced aircraft program, Bloomberg reported on Tuesday, citing “three senior Turkish officials.” …
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A 1964 portrait of actress Marilyn Monroe by American artist Andy Warhol, known as a leading figure in the pop art movement, sold for $195 million at Christie’s on Monday night, becoming the most expensive piece of American art ever and the most a 20th-century work has fetched at a …
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EU ambassadors have so far failed to reach an agreement on a new package of sanctions against Russia, as Hungary continues to oppose a ban on Russian oil imports, Bloomberg reported on Sunday, citing sources familiar with the talks. The EU has already come up with five rounds of sanctions, …
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After losing nearly half of its value in March due to Western sanctions, the Russian currency has staged an extraordinary recovery, strengthening to levels not seen in over two years. RT talked to Sergey Kopylov, a junior partner at consulting company BSC and a lead researcher at Plekhanov Russian University …
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The European Union is seeking to go beyond an import ban on Russian crude as part of its new sanctions package, Bloomberg reported on Wednesday. It said that Brussels plans to target insurers to undermine Moscow’s ability to ship oil anywhere in the world. According to officials and a draft …
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Some 80% of the M777 howitzers and half of the 155mm ammunition for them – promised to Ukraine by US President Joe Biden last month – have already been delivered, the Department of Defense said on Monday. The US military also said it has supplied nearly all the counter-battery and anti-aircraft …
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Fewer than half of US adults have “a great deal” or “a fair amount” of confidence in the abilities of Federal Reserve chairman Jerome Powell, US President Joe Biden, or either party’s congressional leaders to do “the right thing” for the economy, according to a poll conducted by Gallup during …
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