The PMC group will be replaced by an elite special forces unit as the battle for Artyomovsk continues The Wagner Group private military company will withdraw from the key Donbass city of Artyomovsk (known in Ukraine as Bakhmut) on May 10, the group’s chief, Evgeny Prigozhin, has announced. The PMC’s positions will be taken over…

The Russian city was subjected to heavy howitzer and rocket artillery fire by Kiev’s forces Ukrainian troops have pummeled the city of Donetsk with heavy artillery throughout Saturday, according to a local group that monitors Ukrainian strikes. Over 100 projectiles were fired into residential and suburban areas of the city throughout the day, the report claims.

Almost half of the 4,800 banks in the US are nearly insolvent, as they have burned through their capital buffers, The Telegraph reported earlier this week, citing a group of banking experts. According to Professor Amit Seru, a banking expert at Stanford University, around half of US lenders are underwater.