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Zelensky says war is making its way back to Russian territory

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Ukrainian President Volodymyr Zelensky says war is slowly making its way back into Russian territory.

This comes shortly after the Kremlin accused Kyiv of launching drone attacks on Moscow, the latest in a series of such incidents.

According to the Russian Defense Ministry, three drones were intercepted, but one managed to hit a business and shopping development in the west of the capital, causing damage to the fifth and sixth floors of a 50-story building. Fortunately, there were no reported casualties.

Zelensky addressed the situation in his daily speech, emphasizing that Ukraine is growing stronger, and the war is now reaching significant centers and military bases in Russia. He saw this as an inevitable consequence of Russia’s actions and considered it just.

A spokesperson for Ukraine’s Air Force commented on the drone attacks, suggesting that their purpose was to remind the Russians, who felt detached from the conflict since the Kremlin invaded Ukraine in 2022, that the war indeed has consequences that affect them as well.

Ukraine has been increasingly employing unmanned aerial vehicles not just for reconnaissance but also for offensive actions. The country’s “Army of Drones” procurement plan, overseen by Minister Mykhailo Fedorov of the Digital Transformation Ministry, indicates that more drone strikes are planned as part of Kyiv’s summer counteroffensive to push Russian troops out of Ukrainian territory.

Moscow was targeted earlier as well, with Ukraine claiming responsibility for a strike that hit two non-residential buildings. Russia denounced this as a “terrorist attack,” although their own military actions in Ukraine have resulted in civilian casualties.

Over the weekend, Russian missile attacks in Sumy and Zaporizhzhia left several civilians dead and injured, with multiple areas experiencing heavy bombardments. The incidents have significantly unsettled residents of the Russian capital.

The situation escalated further as Ukrainian drones targeted the Russian-occupied Crimean Peninsula, with Russia’s Defense Ministry stating that they intercepted 25 unmanned aerial vehicles, shooting down 16 and causing the others to crash into the Black Sea after jamming their signals.

On a separate occasion, Russia claimed that Ukraine had fired a missile inside Russian territory over the city of Taganrog, but Ukraine did not comment on the incident.

These events have increased tensions and raised concerns about further escalation and potential casualties on both sides. The situation remains highly volatile and continues to draw international attention.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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