Russian GDP grew 5% in third quarter – central bank

Russia’s GDP grew by 5.1% year-on-year in the third quarter of 2023, the country’s central bank said in its latest monetary policy report published on Tuesday. According to the regulator’s estimates, the Russian economy showed significant growth in both the second (4.9%) and the third quarters, prompting the central bank to upgrade its GDP forecast…

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Italy can’t afford NATO’s cash demands – defense minister

Italy has no chance of boosting its military spending to 2% of gross domestic product (GDP) in 2024, despite NATO requirements, and won’t likely be able to meet the target within the next five years, Italian Defense Minister Guido Crosetto has told lawmakers in Rome.

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US warns Israel against Gaza ‘reoccupation’

Israel has suggested it could keep troops in the Palestinian enclave for an “indefinite period” The White House has expressed alarm over the possible “reoccupation” of Gaza, after Israel’s prime minister indicated that his country’s forces would have “overall security responsibility” in the area following the conflict with Hamas.

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