Russian central bank admits energy revenues have slumped

Export revenues dropped 30% compared to an all-time high recorded in 2022, the regulator estimated Russian export revenues dropped by almost a third in 2023, according to the preliminary assessment released by the Bank of Russia, which cites a decline in prices for crude oil as one of the key reasons for the decrease.

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North Korea warns of ‘thermonuclear war’

Washington’s close military ties with South Korea are bringing the region closer to a nuclear war, Pyongyang claimed on Tuesday.  The state-run Korean Central News Agency (KCNA) argued that the ongoing 11-day US-South Korean exercise ‘Ulchi Freedom Shield’ was a rehearsal for “an actual war to invade the North,” and that “the aggressive character of the…

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Russia goes on the offensive: Here’s what’s behind the advance in Ukraine’s Kharkov Region

Moscow’s forces are again attempting to take control of territories on the northern front of the conflict On the night of May 10, Russian troops launched an operation in the north of Ukraine’s Kharkov Region. The fighting is dynamic and the situation is constantly changing, but some preliminary conclusions can already be drawn.

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