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Economy & Business

OPEC+ Surprises Markets with June Output Hike — Russia to Feel the Pain

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OPEC+ has agreed to raise oil output by 411,000 barrels per day in June, continuing a strategy shift aimed at disciplining quota violators and responding to global calls for lower fuel prices. The decision mirrors a similar production hike for May and signals the bloc’s growing willingness to tolerate lower oil prices, even at the expense of short-term revenues. Led by Saudi Arabia and Russia, the move has caused oil prices to fall to around $61 a barrel— near four-year lows—

OPEC+ Surprises Markets with June Output Hike — Russia to Feel the Pain Read Post »

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War

Ukrainian Naval Drone Downs Russian Su-30 in Black Sea – A Milestone in Drone Warfare

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In a historic first, a Ukrainian naval drone reportedly shot down a Russian Su-30SM fighter jet over the Black Sea, marking a dramatic evolution in the use of unmanned systems in modern warfare. The event represents the first known instance of a surface drone engaging and destroying a manned combat aircraft— a milestone that underscores the rapidly shifting landscape of military technology. The incident occurred on May 2 off the western coast of Russian-occupied Crimea.

Ukrainian Naval Drone Downs Russian Su-30 in Black Sea – A Milestone in Drone Warfare Read Post »

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Economy & Business

U.S. prepares new Russia Sanctions as Patience with Putin Wears Thin

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As Russia’s war on Ukraine enters its third year, the United States has prepared a new package of sanctions aimed at some of the Kremlin’s most vital sectors— including Gazprom and other major energy players. But despite the pressure from U.S. officials and European allies, it remains uncertain whether President Donald Trump will sign off on the measures. The proposed sanctions mark a significant potential shift in Trump’s stance on Russia.

U.S. prepares new Russia Sanctions as Patience with Putin Wears Thin Read Post »

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War

Ukrainian Forces Target Russian Military Assets in Crimea in Overnight Assault

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Overnight, Ukrainian forces launched a large-scale drone and missile attack on Russian military installations in occupied Crimea, striking airfields, air defense systems, and radar facilities across multiple locations. The operation targeted Russian-controlled sites in Sevastopol, Saki, Kacha, Dzhankoi, Hvardiiske, Novofedorivka, and Belbek, aiming to disrupt Moscow’s military operations on the peninsula it illegally annexed in 2014.

Ukrainian Forces Target Russian Military Assets in Crimea in Overnight Assault Read Post »

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World News

Hungarian economy continues worsening as Orban’s fealty toward Moscow has its price

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Hungary’s economy is faltering once again— and this time, not even Viktor Orban’s usual scapegoats can mask the rot. Having looted Hungary’s economy into its position of the 4th poorest nation in Europe, the old kleptocrat is now overseeing a a GDP that contracted by 0.2% in Q1 2025, defying government promises of a strong post-recession rebound. As the rest of Central Europe shows signs of recovery— Czechia grew 0.5%— Hungary’s stagnation stands out as self-inflicted.

Hungarian economy continues worsening as Orban’s fealty toward Moscow has its price Read Post »

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World News

Russia Escalates Information War on Poland Ahead of 2025 Presidential Election

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As Poland prepares to vote in its 2025 presidential election, Russia is intensifying a hybrid offensive aimed at destabilizing one of Ukraine’s closest allies. A new report from Alliance4Europe reveals a sharp escalation in Kremlin disinformation, with the “Doppelganger” campaign flooding Polish media and social platforms with nearly 300 fake or manipulated articles in just one month. Between March 4 and April 4, 2025, the operation— linked directly to Russian intelligence—

Russia Escalates Information War on Poland Ahead of 2025 Presidential Election Read Post »

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War

Russia Escalates Attacks on Civilians Across Southern and Central Ukraine

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On the evening of May 1, Russians launched a series of coordinated strikes on civilian targets across several Ukrainian regions, injuring dozens and damaging infrastructure in a continued campaign of terror far from the front lines. In Zaporizhzhia, one of the hardest-hit areas, Russian drones and missiles struck residential buildings, a university, garages, and even a critical infrastructure facility.

Russia Escalates Attacks on Civilians Across Southern and Central Ukraine Read Post »

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