List of All Articles with Tag 'eur'

A building in central Moscow has been damaged in a drone attack in the early hours today, causing a “powerful explosion” heard across the business district of the Russian capital. Moscow mayor Sergei Sobyanin said the drone was shot down by Russian air defence systems but that debris from the exploded drone fell on the city’s Expo Center, less than 5km (3.1 miles) from the Kremlin. A video published by Russian media outlets showed thick smoke rising next to skyscrapers. The Russian defence ministry blamed the “Kyiv regime” for carrying out the “terrorist attack” but added that there were no casualties in the strike. “The UAV (unmanned aerial vehicle), after being targeted by air defence weapons, changed its flight path and fell on a non-residential building in the Krasnopresnenskaya Embankment area of Moscow,” the ministry said. It comes as the United States approved sending F-16 fighter jets to Ukraine from Denmark and the Netherlands to defend against Russia’s invading forces, as soon as pilot training is completed. Read More Ukraine’s intelligence service claims responsibility for Crimean Bridge drone attack Wagner mercenaries issue a chilling message on Poland’s doorstep: ‘We are here’ What are cluster bombs and why are they banned in some countries?

Former Austrian Chancellor Sebastian Kurz was formally charged with providing false testimony to a parliamentary committee investigating government

Turkey’s inflation outlook is worsening due to a weak currency, with a key survey by the country’s central

The European Central Bank is set to send a letter of complaint to the Italian government about a

All four Moscow-area airports were briefly closed early Friday and planes diverted as air defense repelled a drone,

UK retail sales fell more than expected in July after a spell of cool and rainy weather kept

Ukraine is already stockpiling fuel ahead of another challenging winter under siege from Russia, the UK’s Ministry of Defence said on Thursday. The ministry said in its intelligence report that “despite the consistent pressures of war, Ukrainian efforts to build up fuel stockpiles will likely be successful in ensuring that it will have sufficient fuel reserves during the approaching winter period.” It also noted that “Ukraine has been effective in mobilising its mining sector to maintain output, ensuring a continuous supply of coal is available for thermal power and heating plants in the winter, with substantial gas stocks providing a further reserve”. “Despite Russian attacks on Ukraine’s energy infrastructure likely continuing this winter, Ukraine demonstrated last winter that it has the skilled workforce and expertise needed to operate and maintain the power network, even in wartime conditions,” it further noted in the defence intelligence report. Even as British analysts acknowledged the likelihood of Russia resuming attacks on Ukraine’s energy infrastructure in winter, they highlighted the country’s ability to sustain its power network in the face of wartime challenges, the Kyiv Independent reported. In the winter of 2022-2023, Russian forces attempted to severely damage Ukraine’s power network through extensive attacks. Despite this, prime minister Denys Shmyhal reported that substantial repairs have been carried out, restoring 80 per cent of the primary power grids and high-voltage stations affected by the assaults. On 15 November last year, Mr Shmyhal pointed out that Moscow had launched approximately 100 missiles, primarily targeting the country’s energy infrastructure. Energy minister Herman Haluschenko labelled the attack the “most massive” bombardment of power infrastructure since the beginning of the war. In July this year, infrastructure minister Oleksandr Kubrakov said that nearly 100 per cent of thermal power stations, which had suffered damage from Russian attacks in late 2022 and early 2023, have been successfully repaired. “In general, as of today, the preparation level of utility networks for stable operation in the autumn-winter period of 2023-2024 is roughly 60 per cent,” the minister wrote on social media, adding that Ukraine will be 100 per cent ready in technical terms before the start of the next heating season on 1 October. “We must be prepared for the worst-case scenario, which includes repeated missile and drone attacks on energy infrastructure,” Ukraine’s state energy operator Ukrenergo’s head, Volodymyr Kudrytskyi said in Kharkiv on 27 July, according to Ukrainska Pravda. He continued: “We at Ukrenergo are absolutely certain that our main network will be ready to function without restrictions during the heating season.” However, he also added: “We don’t want to help the enemy understand the power system in detail.” Read More Ukraine’s intelligence service claims responsibility for Crimean Bridge drone attack Staff at Ukraine's experimental nuclear site pick up pieces from Russian strikes A camp teaches Ukrainian soldiers who were blinded in combat to navigate the world again UK inflation falls 1.1% in just one month as Ukraine war energy price crisis starts to ease Wagner mercenaries issue a chilling message on Poland’s doorstep: ‘We are here’

UK government bonds slid to send benchmark yields to the highest since 2008, on concerns major central banks

European stocks extended declines after minutes from the Federal Reserve’s policy meeting in July suggested further interest-rate increases

Europe is bracing for the possible influx of a drug that’s hooked the Middle East as political shifts

Indian officials are considering a plan to reallocate as much as 1 trillion rupees ($12 billion) from the

Ukrainian forces said they shot down Russian Ka-52 attack helicopters Thursday in the Zaporizhzhia and Bakhmut regions, respectively.