Russia's central bank hikes rates to fight inflation fuelled by military spending
Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.
Ukraine claims attacks on Russian drone storage airbase and military plant
In a social media post, Governor of the Samara Oblast region, Vyacheslav Fedorishchev, confirmed the drone strike on Novokuibyshevsk, writing "Enemy UAVs attacked one of the industrial facilities in Novokuibyshevsk this morning. Emergency services are working at the scene".
READ MORE : http://www.euronews.com/2025/08/02/ukraine-claims-attacks-on-russian-drone-storage-airbase-and-military-plant
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Credit: euronews (in English) Duration: 01:06Published
Russia has ramped up its assault on Ukraine after former President Trump issued a final nuclear warning. In a fiery response, President Putin confirmed the deployment of Oreshnik ballistic missiles capable of reaching U.S. cities. The Russia-Ukraine conflict has now escalated into a dangerous Trump vs Putin showdown, with nuclear threats, drone attacks in Crimea, and soaring casualties in Kyiv. As fears of a NATO-Russia confrontation grow, the global community watches nervously. Trump, meanwhile, has commissioned new nuclear submarines—signaling a chilling new phase of geopolitical warfare.
#TrumpVsPutin #NuclearShowdown #RussiaUkraineWar #BallisticMissiles #Putin #Trump #UkraineUnderAttack #NATO #GlobalTensions #USRussiaConflict #MissileThreat #KyivStrike #OreshnikMissiles #NuclearWarning #Geopolitics #TrumpSpeech #PutinResponse #SubmarineStrike #WorldWarFears #USDefense #RussiaMissiles #UkraineNews #BreakingNews #DefenseStrategy #EuropeCrisis #DroneWar #CrimeaStrike #USMilitary #PURL #S400 #GlobalCrisis
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Tensions between Washington and Moscow are spiraling after U.S. President Donald Trump ordered the deployment of two nuclear submarines near Russian waters in response to Dmitry Medvedev’s chilling “dead hand” threat. The move has fueled fears of World War 3, despite experts calling it “posturing.” A viral video claiming Russian Borei-class submarines armed with Bulava missiles are stationed off the U.S. coast has added to the panic, though fact-checkers confirmed the footage is from 2018. Trump defended his decision on Truth Social, warning that “words are important and can have unintended consequences.” Analysts suggest the deployment signals strength but does not escalate nuclear confrontation. The standoff comes as Trump grows increasingly frustrated with Vladimir Putin’s refusal to negotiate a Ukraine ceasefire, with both nations engaging in nuclear saber-rattling unseen since the Cold War.
#Trump #Russia #NuclearSubs #WW3Fears #MedvedevThreat #Putin #USRussiaTensions #NuclearStandoff #DeadHandThreat #WarFears #TruthSocial #GlobalCrisis #NuclearWeapons #BoreiSubmarines #BulavaMissiles #WorldWar3 #Geopolitics #NuclearDeployment #USMilitaryPower #RussiaVsUS
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Putin and Belarusian leader Alexander Lukashenko launched a scathing attack on Ukrainian President Volodymyr Zelensky, dismissing Ukraine’s recent anti-corruption drive as a “publicity stunt.” The leaders accused Zelensky of using scandals to distract from battlefield setbacks and declining Western support. With tensions escalating across the eastern front, the Putin-Lukashenko alliance is sending a strong signal to Kyiv and NATO.
#Putin #Lukashenko #Zelensky #RussiaUkraineWar #CorruptionScandal #UkraineCrisis #PutinSpeech #BelarusRussia #PublicityStunt #Geopolitics #EasternEuropeTensions #UkraineUpdate #NATOConflict #KremlinStatement #RussiaNews
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Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further.
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The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.
Credit: euronews (in English) Duration: 01:07Published
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