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Putin boosts defence spending amidst Ukraine conflict escalation

Putin approves record defense spending amid ongoing war in Ukraine; EU leaders reaffirm support during visit to Kyiv.

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Russian President Vladimir Putin has approved a significant increase in military spending for 2025, marking a record allocation of 13.5 trillion rubles (over $145 billion).

This figure represents approximately 32.5% of the overall national budget, an increase from 28.3% in the previous year.

The Russian parliament recently endorsed these plans amid ongoing conflict with Ukraine, which has been intensifying since the beginning of the full-scale invasion in February 2022.

European Council President Antonio Costa and EU foreign policy chief Kaja Kallas have visited Kyiv

Meanwhile, European leaders, including new European Council President Antonio Costa and EU foreign policy chief Kaja Kallas, have visited Kyiv, reaffirming the EU’s commitment to support Ukraine. They pledged financial assistance, including €4.2 billion for Ukraine’s budget and €1.5 billion in monthly support derived from frozen Russian assets.

During a press conference with Ukrainian President Volodymyr Zelenskyy, Costa emphasized the EU’s determination to stand by Ukraine, regardless of potential changes in U.S. administration.

Zelenskyy asserted that any future negotiations with Russia should involve EU and NATO representatives, emphasizing the importance of these alliances for Ukraine’s security.

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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