Russia slides towards default as payment deadline expires

Russia slides towards default as payment deadline expires

The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow ?s Kremlin, and St. Basil? S Cathedral, March 31, 2020. REUTERS / Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Grace period runs out on $ 100 mln interest payment due May 27 Russia says it has … Read more

What to watch from Joe Biden’s trip to the G7

Telfs-Buchen, Austria CNN – President Joe Biden may be overseas in the Bavarian Alps, but the political division and sour mood he left behind will be difficult to ignore as he begins this year’s Group of 7 summit. Rising costs – driven in part by the Russian invasion of Ukraine – will be central to … Read more

Ukraine suffers major setback after fall of Sievierodonetsk

KYIV / POKROVSK, June 26 (Reuters) – Ukraine special forces remained in Sievierodonetsk directing artillery fire against Russian-backed troops, said an adviser to Ukraine’s president, after the city fell in a major setback for Kyiv as it struggles to keep control of the country’s east. Ukrainian shelling on Saturday forced Russian troops to suspend the … Read more

China’s new aircraft carrier: Never mind the Fujian, these are the ships the US should worry about

Seoul, South Korea CNN – China made a big statement about its naval ambitions with the recent launch of its third and most advanced aircraft carrier. The Fujian – by far China’s biggest, most modern and most powerful aircraft carrier to date – is the 80,000-ton jewel in the crown of a military expansion that … Read more

PM Hasina opens Bangladesh’s longest bridge over River Padma | News

Dhaka, Bangladesh – Prime Minister Sheikh Hasina has inaugurated a landmark bridge over the turbulent Padma River after years of delay due to allegations of corruption that forced the World Bank to walk away from the nearly $ 4bn mega project, which will connect Bangladesh’s capital Dhaka to the underdeveloped southwestern region of the country. … Read more

More aid arrives in Afghanistan in boost to quake relief efforts | Taliban News

Cargo planes from Pakistan and Qatar carrying relief material for Afghan earthquake survivors have landed at the Khost airport, officials said on Saturday, as rescuers struggle to deliver aid to remote regions in the wake of Wednesday’s devastating earthquake. Thousands have been left homeless or injured by the magnitude 5.9 earthquake in Paktika and Khost … Read more

PM Hasina opens Bangladesh’s longest bridge over River Padma | News

Dhaka, Bangladesh – Prime Minister Sheikh Hasina has inaugurated a landmark bridge over the turbulent Padma River after years of delay due to allegations of corruption that forced the World Bank to walk away from the nearly $ 4bn mega project, which will connect Bangladesh’s capital Dhaka to the underdeveloped southwestern region of the country. … Read more

Russian missiles strike across Ukraine, says Kyiv

Ukraine says Russia launches widespread shelling Shelling hit chemical plant where civilians trapped Ukraine forces withdraw from Sievierodonetsk Dozens of missiles hit Ukrainian military bases KYIV, June 25 (Reuters) – Russian missiles rained down across Ukraine on Saturday, hitting military facilities in the west and north as well as a southern city as the biggest … Read more

A world apart, Lebanon and Sri Lanka share economic collapse

BEIRUT (AP) – Lebanon and Sri Lanka may be a world apart, but they share a history of political turmoil and violence that led to the collapse of once-prosperous economies bedeviled by corruption, patronage, nepotism and incompetence. The toxic combinations led to disaster for both: Currency collapse, shortages, triple-digit inflation and growing hunger. Snaking queues … Read more

Afghan earthquake survivors lack food, shelter as aid trickles in | Earthquakes News

Survivors of Afghanistan’s deadliest earthquake in more than two decades have been left without food, water, or shelter as they wait in devastated remote villages for aid. Wednesday’s magnitude 5.9 earthquake in the rugged eastern provinces – which killed at least 1,000 people and destroyed or damaged about 10,000 houses – has downed mobile phone … Read more