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Monday, May 20, 2024

Russian Court Orders Seizure of Deutsche Bank and UniCredit Assets Amid Exit from Russia

Court documents dated May 16 reveal that the St. Petersburg court ordered the confiscation of assets amounting to 239 million euros ($260 million) from Deutsche Bank and 463 million euros ($504 million) from Italy's UniCredit

PM Roosevelt Skerrit welcome students of Bellevue Chopin Primary School

Roseau, Dominica: The students of Bellevue Chopin...

Ukrainian Drone Attacks on Russia Kill 2, Ignite Oil Refinery Blaze

This marks Kyiv's largest aerial assault in recent weeks and coincides with Russian advancements along the northeastern Ukrainian front line

Russian forces suffers loss of one-third of its ground force combat since Feb: Reports

WorldRussiaRussian forces suffers loss of one-third of its ground force combat since Feb: Reports
The UK’s Ministry of Defence has made an update regarding the situation in Ukraine, where it has added that Russian forces have suffered losses of one-third of its ground force combat since February. It stated that the Russian campaign in Eastern Ukraine had lost momentum and was significantly behind schedule.
As per the statement from the ministry, “Russian troops are increasingly constrained by degraded enabling capabilities, continued lack of morale and reduced combat effectiveness. Much of these capabilities cannot be easily replaced or reconstituted, and are likely to become a barrier in Russia’s full-scale military operation against Ukraine.”
While noting several intelligence reports, mentioned by the UK’s Ministry of Defence, Russia is unlikely to scale up its rate of advance over the next 30 days.
Earlier, Ukrainian Interior Ministry adviser Vadim Denisenko made a statement that Kyiv’s military in the Kharkiv region had almost reached the border with Russia.
At the same time, during a meeting of NATO foreign ministers in Berlin, Germany’s Annalena Baerbock stated that it would provide military help “for as long as Ukraine needs this support for the self-defence of its country”.
“Ukraine can win this war. Ukrainians are bravely defending their homeland,” NATO chief Jens Stoltenberg added.
Local officials in Ukraine’s second city of Kharkiv in the north have said Russian troops were withdrawing from the surrounding region amid Ukrainian counter-attacks.

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