EXPLAINER: Can Ukraine pay for war without wrecking the economy?

EXPLAINER: Can Ukraine pay for war without wrecking the economy?

FRANKFURT, Germany (AP) – Even as Ukraine celebrates recent battlefield victoriesits government faces a looming challenge on the financial front: how to pay the enormous cost of the war effort without triggering out-of-control price spikes for ordinary people or piling up debt that could hamper postwar reconstruction. The struggle is finding loans or donations to … Read more

Russia rejects $60-a-barrel cap on its oil, warns of cutoffs

KYIV, Ukraine (AP) — Russian authorities rejected a price cap on the country’s oil set by Ukraine’s Western supporters and threatened Saturday to stop supplying the nations that endorsed it. Australia, Britain, Canada, Japan, the United States and the 27-nation European Union agreed Friday to cap what they would pay for Russian oil at $60-per-barrel. … Read more

G-7 joins EU on $60-per-barrel price cap on Russian oil

WASHINGTON (AP) – The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market. to prevent price spikes and starve President Vladimir Putin of funding for his war in Ukraine. Europe … Read more

US adds Russian mercenary firm Wagner Group to entities of concern under the International Religious Freedom Act

CNN – The Biden administration is adding the Wagner Group, an infamous private Russian military firm, to the list of Entities of Particular Concern under the International Religious Freedom Act “based on its actions in the Central African Republic,” US Secretary of State Antony Blinken said on Friday. In addition, Cuba and Nicaragua were added … Read more

Russia rejects pullout from Ukraine as a condition for talks

KYIV, Ukraine — Russia said Friday that Western demands it should pull out completely from Ukraine as part of any future talks to end the war effectively rule out any such negotiations, as Russian strikes continued and a Ukrainian official set his country’s battle losses at up to 13,000 troops. Kremlin spokesman Dmitry Peskov reiterated … Read more

Spain: numerous devices found after the Ukrainian Embassy blast

MADRID (AP) – Police in Spain detonated a suspicious package discovered at the US Embassy in Madrid, Spanish officials said Thursday, a day after a similar package sent to the Ukrainian Embassy ignited upon opening and injured an employee. “We can confirm a suspicious package was received at the US Embassy in Madrid, and are … Read more

Another race row has engulfed Buckingham Palace. Does the monarchy have a racism problem?

London CNN – Britain’s royal hierarchy has changed dramatically in the past several weeks, after King Charles III became the country’s first new monarch for seven decades and several of his relatives stepped into new roles. But there is a troubling familiarity to the first major crisis to grip the newly reorganized institution. The royals … Read more

‘Do something:’ Ukraine works to heal soldiers’ mental scars

KYIV, Ukraine (AP) – Sleep plunges the soldier back into the horrors of Ukraine’s battlefields. He can hear bombs falling again and picture explosions. He imagines himself running frantically, trying to save himself and others. The nightmares are so vivid and frightening that he pleads with his doctor for help. “It will blow my mind,” … Read more

Ukrainians show their mettle amid blackouts, snow and attacks Russia-Ukraine war News

The Ukrainian people have suffered some of the worst power and water outages yet during the 40th week of Russia’s war, as Kyiv’s troops held back raging daily offensives in the east of the country. On November 23, air defenses shot down 51 of 70 Russian cruise missiles targeting energy infrastructure, but the ones that … Read more

Biden welcomes Macron amid friction over US climate law

WASHINGTON (AP) – President Joe Biden and Emmanuel Macron are celebrating the long-standing US-French relationship, but these are friends with differences. The French leader is using his visit to Washington to sharply criticize aspects of his ally’s signature climate law as a bad deal for Europe. Biden was to honor Macron with the first state … Read more