7 Explosive Reasons Russia Is Suing European Banks Over Frozen Assets
Russia’s central bank has announced legal action against European lenders over frozen sovereign assets, escalating tensions as the EU drops plans to use Russian reserves to fund Ukraine and opts instead for a massive €90 billion loan.
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In 8 Moves, EU Targets China-Linked Refineries and Imposes Russian Energy Ban
The European Union has unveiled its 19th sanctions package against Russia, targeting Chinese oil refineries and trading firms, while simultaneously committing to a complete ban on Russian energy imports by 2028. This sweeping move aims to choke off Moscow’s war-funding channels and recalibrate Europe’s energy dependency.
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Israeli Ground Invasion of Gaza City Escalates: UN Genocide Report, Hospital Strikes, and Global Outcry
Israel has launched a full-scale ground invasion of Gaza City, striking near hospitals and displacing hundreds of thousands. With the UN declaring Israel’s actions a genocide, global outrage is growing as famine spreads, hospitals collapse, and civilians flee under relentless bombardment.
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US Treasury Chief Scott Bessent Warns of Strong Measures on Russia as Trump Pushes ‘Second Phase’ of Sanctions
US Treasury Secretary Scott Bessent warned that Washington is prepared to take strong measures against Russia over its war in Ukraine. Speaking after meetings with EU sanctions envoy David O’Sullivan, Bessent said “business as usual has not worked,” while Trump signaled readiness for a “second phase” of sanctions targeting Russian oil buyers.
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Trump Urges EU to Slap 100% Tariffs on China and India to Pressure Russia Amid Ukraine War
US President Donald Trump has urged the European Union to impose tariffs of up to 100% on China and India, the two biggest buyers of Russian oil. The request, conveyed during a meeting with EU sanctions envoy David O’Sullivan, reflects Trump’s push to pressure Vladimir Putin by targeting Moscow’s energy revenues. If adopted, it would mark a major shift in EU strategy from sanctions to tariffs.
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EU Sanctions Shake Up Diesel Market, Hit Indian Shipping Links
The EU's latest sanctions on Russian oil are disrupting global diesel flows, hitting Indian refiners and maritime players while fueling price volatility. Here's how diesel supply chains are reshaping worldwide.
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Trump Slams Putin as “Absolutely CRAZY” After Deadliest Russian Drone Strikes on Ukraine
In a rare and scathing rebuke, Trump Slams Putin as “Absolutely CRAZY” After Deadliest Russian Drone Strikes on Ukraine. Former U.S. President Donald Trump publicly slammed Russian President Vladimir Putin, calling him “absolutely CRAZY” in response to the largest aerial assault of the Ukraine war to date. The outburst follows a brutal overnight attack where Russia launched 367 drones and missiles at Ukrainian cities, leaving at least 13 people dead, including three children, and dozens more injured. Trump’s remarks came via Truth Social and in comments to reporters at Morristown Airport, marking a noticeable shift in tone from a leader who once spoke admiringly of Putin.
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Russia Launches Deadliest Air Assault Yet as Ukraine Urges Stronger Global Response
In one of the deadliest nights of the war, Russia Launches Deadliest Air Assault Yet as Ukraine Urges Stronger Global Response. Russia launched its most widespread and intense air assault since the full-scale invasion of Ukraine began in 2022. According to Ukraine’s Air Force, Russian forces fired 367 drones and missiles in a coordinated overnight strike, devastating cities including Kyiv, Mykolaiv, Kharkiv, and Odesa.
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Zelenskyy Pushes for Direct Peace Talks with Putin in Turkey as Trump Mulls Attendance
In a bid to end the war Zelenskyy Pushes for Direct Peace Talks with Putin in Turkey as Trump Mulls Attendance. Ukrainian President Volodymyr Zelenskyy on Tuesday intensified international pressure on Russian President Vladimir Putin by urging him to attend direct peace talks in Turkey scheduled for Thursday, May 15, 2025.
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