EU has frozen $70 billion in Russian assets – Politico

Exactly how much of that sum consists of the country’s forex reserves is still unknown, the outlet says, citing an official document Roughly €68 billion ($70 billion) in Russian assets have been frozen by the EU, most of which are in Belgium, Politico reported on Friday.

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Czech Republic should leave UN – defense minister

Jana Cernochova claims the international organization is siding with “Hamas terrorists” in the latest Middle East flare-up The United Nations has lost all credibility, and the Czech Republic would be better off leaving the international organization, Defense Minister Jana Cernochova has said. She cited a vote on Friday, which saw most member states back a…

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US sees highest inflation in over 40 years

Inflation in the US has once again exceeded forecasts, jumping by 9.1% in June compared to the same period of last year, the Department of Labor said on Wednesday. “In June, the Consumer Price Index for All Urban Consumers rose…9.1 percent over the last 12 months, not seasonally adjusted.” reads a release by the US…

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