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US government running out of cash for Ukraine

White House only has $250 million to spend on military support for Kiev, pending Congressional approval of more money The US government needs Congress to approve its $33 billion request as soon as possible because it only has $250 million remaining from the previous package of assistance for Ukraine, White House spokeswoman Jen Psaki has…

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More EU nations reject Moscow’s gas-supply terms

Czech Prime Minister Petr Fiala said on Friday that Prague has no plans to pay for Russian gas deliveries in rubles, as demanded by Moscow. He was quoted by media after speaking at a joint press conference with his Polish counterpart, saying: “As for the ruble payment, the Czech Republic does not intend to give…

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Ruble hits two-year high against euro

The Russian currency also strengthened its position against the dollar, climbing back to pre-conflict levels The Russian ruble rose to its strongest position since March 2020 against the European single currency, paring some gains after the Bank of Russia cut interest rates.

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