Washington has been fanning the flames of the conflict while nipping all peace initiatives in the bud, Anatoly Antonov has said The Ukraine conflict was instigated by the US and other Western countries, and as such it is up to Washington to pay for the reconstruction of the ravaged nation, Russia’s ambassador to the US, Anatoly…

Brussels has reportedly given up on confiscating over $200 billion of Russian central bank funds EU authorities see no legal avenues for confiscating frozen Russian central bank assets and are instead planning to use the profits the funds generate, Bloomberg reported on Wednesday, citing a document.

The $3.28 trillion owed by the government is more than 100% of the country’s GDP, according to the Office for National Statistics Britain’s public sector net debt in May reached its highest level in over six decades and now exceeds the country’s annual economic output, the Office for National Statistics (ONS) revealed on Wednesday. This…