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Medvedev warns Ukraine of potential nuclear response

The former president said any attacks against Russian missile launch sites could trigger a devastating reaction Moscow could use nuclear weapons if its missile launch sites are attacked, former Russian President Dmitry Medvedev has warned. Currently deputy chairman of the country’s Security Council, Medvedev made the comments in response to calls in Ukraine to target such facilities inside Russia.

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Eurozone likely in recession – ECB

The single-currency bloc suffered an economic contraction in the third quarter of 2023, according to the central bank The Eurozone probably failed to grow at the end of last year early indicators suggest, European Central Bank’s (ECB) Vice-President Luis de Guindos has stated.

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Russia’s oil industry resilient to Western sanctions – Bloomberg

Production drilling still managed to reach the highest level in a decade last year, data shows   Russian oil companies were on track for record drilling at their oil fields last year and showed no signs of harm from sanctions or the departure of some Western oil-field service providers, Bloomberg reported on Wednesday.

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