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The Latest Breaking News from Russia

Russia Cuts Key Interest Rate, Warns Of Tepid Growth

Russia's central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions.

International Business Times

Putin says Russia will not cave under US sanctions, Trump replies ‘we will see’

Russia’s president downplayed the latest US sanctions as an “unfriendly act” which he claims would not have much impact on Russia’s economy or its stance on Moscow’s war in Ukraine. His comments were largely dismissed by Donald Trump, who said, “I am glad he feels this way”.

Euronews

Witkoff to meet Putin's envoy amid new U.S. sanctions on Russia

Earlier this week, Trump canceled plans for a meeting with Putin in Budapest.

Axios

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Kim Jong-un inaugurates 'sacred' memorial for North Korean soldiers killed in Kursk

North Korea's leader Kim Jong-un said military brotherhood between his country and Russia would "advance non-stop," the state-run KCNA news agency reported.

Euronews

North Korea builds memorial to soldiers killed fighting for Russia against Ukraine

Kim Jong Un says alliance with Russia ‘now rising to historic peak’

The Independent UK

Trump’s toughest sanctions yet on Russia may upend oil markets and test India’s ties with Moscow

America’s latest sanctions on top Russian oil producers throw India’s lucrative energy strategy into disarray, leaving it to navigate soaring costs, disrupted supplies, and the politics of managing relations with Washington and Moscow. Shweta Sharma writes

The Independent UK

Ukraine foiled plans to reconnect Zaporizhzhia power plant in time for Putin’s birthday

The power plant in Russian-occupied Ukraine was without external power for a month before repairs were made

The Independent UK

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Nato scrambles fighter jets after Russian planes violate Lithuania’s airspace in ‘blatant breach’

The encroachment comes after several alleged Russian airspace violations in Estonia, Poland, Romania and Denmark

The Independent UK

Business Brief (Oct. 24): Oil Prices Jump on U.S., EU Sanctions Against Russia

China to hold high-level trade talks with the U.S. in Malaysia, the Communist Party releases its economic development goals for the next five years

Caixin Global

Ukraine drones fly 1,250 miles to punch holes in Putin's air defences and target oil sites deep inside Russia

Kyiv and Moscow are locked into a technology race to develop new drones and other weapons

Evening Standard

Zelenskyy to meet European leaders in London for talks on military aid for Ukraine

Ukrainian President Volodymyr Zelenskyy is set to meet European leaders in London on Friday

The Independent UK

Nasdaq Jumps 200 Points Amid Trump's Russia Sanctions: Investor Fear Eases, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Fear” zone on Thursday.

Benzinga

Ray Dalio Warns Donald Trump's Sanctions 'Inevitably Weaken' Global Monetary Order, Reducing Dollar 'Demand'

Billionaire investor and hedge fund Bridgewater Associates founder Ray Dalio has issued a stark warning that provides a critical historical framework for the Donald Trump administration’s escalating financial wars against Russia, China, and Canada.

Benzinga

‘Ukraine’s future is our future’, says Starmer, as he vows coalition will take Russian oil and gas off market to choke funding – as it happened

Zelenskyy, Starmer and members of ‘coalition of willing’ give press conference

The Guardian - UK

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The Guardian - AU

Ukraine war briefing: Lithuania accuses Russia of further Nato airspace violation

Eurofighters scramble after incursion by fighter and tanker; Russian anti-tank drone kills two Ukrainian journalists at petrol station. What we know on day 1,339

Evening Standard

Keir Starmer calls on Ukraine’s allies to provide more long-range weapons

The Prime Minister will announce that a UK missile-building programme has been accelerated to deliver an extra 140 air defence missiles this winter.

The Independent UK

Starmer urges Ukraine’s allies to provide more long-range weapons to strike back at Russia

Prime minister will announce that a UK missile-building programme has been accelerated to deliver an extra 140 air defence missiles this winter

Kiplinger

Honeywell Leads Dow Higher: Stock Market Today

Oil prices got a lift after the Treasury Department announced new sanctions on Russia's two largest oil companies.

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Barchart

Crude Prices Soar on US and EU Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) on Thursday closed up +3.29 (+5.62%), and December RBOB gasoline (RBZ25 ) closed up +0.0636 (+3.52%). Crude oil and gasoline prices rallied sharply on Thursday for a second day, with crude posting a 2-week high and gasoline posting a 3-week high. Crude prices surged...

Roll Call

Senators propose ‘Russia Week,’ but Trump's stance unclear - Roll Call

Leading Senate Republicans want to vote on bills to pressure Russia in Ukraine peace talks, but it’s not clear if Trump will go along.

Euronews

'More pressure on Russia, that's the plan,' Zelenskyy tells EU leaders in Brussels

More air defence, long-range weapons and more pressure on Russia is what Volodymyr Zelenskyy believes will pressure Moscow into direct talks with Kyiv and ultimately to a ceasefire.

The Conversation

Putin, Zelensky and the art of ‘playing’ the US president

This newsletter was first published in The Conversation UK’s World Affairs Briefing email. Sign up to receive weekly analysis of the latest developments in international relations, direct to your inbox.

Euronews

Two Russian military aircraft enter NATO member Lithuania's airspace, military says

In a post on X, Lithuania's President Gitanas Nausėda slammed what he called a "blatant breach of international law and territorial integrity."

The Independent UK

Lithuanian president says Russian military planes violated the Baltic country's airspace

Lithuanian President Gitanas Nausėda says Russian military planes violated Lithuania’s airspace on Thursday evening

The Independent UK

Europe must go further and faster to break Russia’s war machine

THE INDEPENDENT VIEW: Editorial: Donald Trump’s sanctions on Russian oil are a welcome shift from a changeable president – but Ukraine needs its European allies to do much more to hit Putin where it hurts

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