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The Latest Breaking News from Russia

Von der Leyen calls for unity on funding Ukraine as EU leaders meet in Brussels

As European Union leaders converge on Brussels, the debate over how to pay for Ukraine’s defence is coming to a head. The proposals to use frozen Russian assets are exposing legal risks, political fault lines and testing the limits of European solidarity.

Radio France Internationale

EU summit: Here's what leaders agreed to on Ukraine financing, Mercosur

After long hours of negotiations, the reparations loan for Ukraine has fallen apart. Instead, EU leaders will raise €90 billon on the financial markets to support the country's fight against Russia.

Euronews

Russia’s sabotage campaign seeks to overwhelm Europe

The alleged Russian campaign seeks to undermine support for Kyiv, cause divisions, and expose security vulnerabilities

The Independent UK

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EU leaders urged to use frozen Russian assets to fund Ukraine’s defence

Pressure is growing on member states to back a €90bn loan for Kyiv ahead of a Brussels summit

The Guardian - UK

EU leaders gather to discuss a massive loan to Ukraine

European Union leaders are gathering for a summit aimed at agreeing on a massive loan to cover Ukraine’s military and other financial needs for the next two years

The Independent UK

Putin envoy to hold talks with Trump aides on U.S. peace plan in Miami this weekend

Trump's advisers are expected to try to get Russian officials to agree to the updated proposal on ending the war in Ukraine.

Axios

Ukraine-Russia war latest: Kremlin dismisses new peace plan after Trump’s envoy calls talks constructive

Steve Witkoff has hailed latest talks in Florida as 'productive and constructive' without announcing any major breakthroughs

The Independent UK

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Ukraine war briefing: Drones strike tanker in Russian port, local officials say

Deaths and damage to ship reported in attack in Rostov-on-Don; Zelenskyy to reportedly push EU plan to use frozen Russian assets. What we know on day 1,394

The Guardian - AU

After Silent Hill f ditched Maine for Japan, Konami says it's considering taking the series to other regions like Russia, Italy, or South Korea: "We believe we could perhaps take similar approaches with other cultures"

Silent Hill f's new setting could be the start of a massive shift for the series

GamesRadar

Fears Australian man killed while fighting in Ukraine

Authorities are seeking urgent clarification of reports that an Australian man was killed fighting Russian forces in Ukraine's far east.

AAP

What is the BRICS ‘UNIT’ – and could it really challenge the US dollar?

At a major summit in Russia last year, a banknote was unveiled that carried more symbolism than monetary value.

The Conversation

Crude Prices Rise as Global Geopolitical Risks Escalate

January WTI crude oil (CLF26 ) on Wednesday closed up +0.67 (+1.21%), and January RBOB gasoline (RBF26 ) closed up +0.0134 (+0.80%). Crude oil and gasoline prices rose on Wednesday amid heightened geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the...

Barchart

Belgian politicians and finance bosses targeted by Russian intelligence over seized assets

Exclusive: Key figures at frozen assets depository among targets of intimidation campaign, say European intelligence agencies

The Guardian - UK

Russia’s war economy is not collapsing, but neither is it stable

Russia’s wartime economy is getting weaker as the war in Ukraine approaches its fourth anniversary, according to a recent report by PeaceRep, a research group led by the University of Edinburgh. The report, Against the Clock? Why Russia’s War Economy is Running Out of Time, finds that Russia is being…

The Conversation

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Euronews

At least 29 injured, including five children, in Russian attack on Zaporizhzhia

At least 29 people were injured in the attack, including five children.

Barchart

Rising Global Geopolitical Tensions Lift Crude Prices

January WTI crude oil (CLF26 ) today is up +0.76 (+1.38%), and January RBOB gasoline (RBF26 ) is up +0.0166 (+0.99%). Crude oil and gasoline prices are rising today amid heightened geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the US...

Euronews

‘European swine wanted to feast on Russia's collapse', Putin says bashing Europe

Russia’s president disparaged European leaders on Wednesday, calling Ukraine’s allies “swine” who wanted “to feast on the collapse of Russia” as he blamed the West for Moscow’s war against Ukraine and threatened to continue waging his full-scale invasion.

Fortune

Britain’s defense chief calls on Gen Z grads leaving university to skip corporate jobs and join the military as war with Russia becomes a growing risk

The U.K. Chief of the Defense Staff Sir Richard Knighton urged college-degree holders to enter the arms industry. The government’s $66.7 million investment in speciality defense tech schools could help the growing cohort of jobless Gen Z find employment.

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The Independent UK

Putin claims speculation of war with the West is ‘hysteria’ – two weeks after threatening Europe

Russian president said Moscow is not seeking war with Europe despite escalation of hybrid attacks

Euronews

Podcast: Frozen Russian assets explained simply

What are frozen Russian assets? Why are they dividing EU member states? And what can we expect from the December European Council meeting? Our podcast Brussels, My Love? investigates with Euronews' EU reporter Jorge Liboreriro.

Euronews

EU membership alone insufficient for Ukraine's security, Danish minister tells Euronews

Under a reported US peace plan, Ukraine would join the EU as early as January 2027 as part of broader security guarantees. But Denmark's Minister for European Affairs told Euronews that this alone cannot shield Ukraine from future Russian aggression.

The Guardian - UK

What is the row about the EU using frozen Russian assets to support Ukraine?

Complex plan would involve EU lending €90bn to Ukraine, which some fear could destabilise Eurozone. Putin says move is akin to ‘theft’

The Independent UK

How Venezuela sends oil around the world despite sanctions — and why Trump wants to put a stop to it

The U.S. seized a Venezuelan oil tanker last week in a move described by Nicolas Maduro’s government as an ‘act of international piracy’

The Independent UK

Putin warns that Russia will seek to extend its gains in Ukraine if peace talks fail

Russian President Vladimir Putin is warning that Moscow will extend its gains in Ukraine if Kyiv and its Western allies reject the Kremlin's demands in peace talks

Euronews

UK to transfer €2.8bn of Abramovich’s Chelsea cash to Ukraine fund, PM Starmer says

Since the Russian billionaire sold Chelsea in 2022 under pressure from the British government, the funds from the sale have been frozen. PM Starmer is now allowing him to use it, but only for one cause: to help Ukraine.

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