The finance ministry of Russia has proposed implementing new tax rates for high-income earners and specific industries starting in 2025.
Tags: Ukraine
European Commission President Ursula von der Leyen Re-Elected to Second Term
The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to economic issues.
Poland Inches Into War Footing as It Allots 5% of 2025 GDP on Defense
Polish Foreign Minister Radoslaw Sikorski announced that it was planning to spend 5% of its gross domestic product on defense by 2025.
Killers of Russian Pilot Who Defected to Ukraine Reportedly Received Money From Russian Officials in Vienna
Russian pilot Maxim Kuzminov was reportedly killed by individuals who received cash from Russian officials working in Vienna, Austria.
G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia
The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.
Latest News
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
FedEx has resumed international priority inbound and outbound services in Ukraine. LOS ANGELES, CALIFORNIA - FEBRUARY 01: The FedEx logo is displayed on a FedEx vehicle on February 1, 2023 in Los Angeles, California.
Russia's President Vladimir Putin arrived in Beijing on Thursday for a two-day state visit that will include talks with China's President Xi Jinping to deepen the strategic partnership between the two countries perceived as enemies of the US.
The U.S. government weighs sanctions targeting Chinese banks. Can this help stop Russia from invading Ukraine?
Republican lawmakers urged President Joe Biden to block a French company from collaborating on nuclear power projects with Russia's Rosatom.
The administration of President Joe Biden has announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine.
President Joe Biden has swiftly enacted a $95 billion national security package, with a primary focus on expediting critical aid to Ukraine in the face of Russian aggression.
A Washington DC-based think tank said Russia will maintain its economic strength for another 18 months despite facing various challenges amid its war with Ukraine.
The US House of Representatives' approval of a $61 billion military aid package for Ukraine has garnered mixed reactions internationally, including a warning from Russia.
