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US announces deployment of 8000 North Korean troops on Russian border with Ukraine

About 8,000 North Korean troops are stationed in Russia’s Kursk region near the border with Ukraine, US Secretary of State Anthony Blinken said at a press conference on Thursday. According to him, Moscow is preparing to send these troops into combat against Ukraine in the coming days, The Guardian reports. Blinken noted that North Korea […]

Lavrov plans to visit Malta for OSCE Ministerial Council meeting in December

Сергій Лавров

Sergei Lavrov. Photo: Brendan McDermid / Reuters Russian Foreign Minister Sergei Lavrov plans to attend a meeting of the OSCE Ministerial Council in Malta on 5-6 December, Foreign Ministry spokeswoman Maria Zakharova said, Vedomosti reports citing Reuters. This will be Lavrov’s first visit to an EU country since Russia’s invasion of Ukraine in February 2022. […]

Oil prices rise amid heightened geopolitical tensions in the Middle East

нафта

On Friday, 1 November, oil prices rose amid escalating tensions in the Middle East: Brent rose to $74.22 per barrel and West Texas Intermediate to $70.72 per barrel. According to Reuters, the reason for the rise in prices is related to reports of a possible Iranian attack on Israel from Iraq. Israeli intelligence believes that […]

World Bank launches $593 million private sector support programme in Ukraine

Світовий банк

The World Bank has announced the launch of a new RISE programme aimed at developing the private sector in Ukraine with a budget of $593 million, the WB press service reports. The programme will support 20,000 small and medium-sized enterprises (SMEs), help create or save about 40,000 jobs, and strengthen government support for business after […]