TAG: Defense
Ukraine hopes to avoid economic doomsday of not getting Western financial aid
KYIV — Ukrainians can’t bear to think what will happen if they don’t get the aid that EU leaders hav...
8 months ago
Expensive fuel and million dollar missiles: Counting the cost of the Red Sea crisis
The combat reports from Western navies operating in the Red Sea in recent days read like missives fr...
8 months ago
German budget crisis: Government reaches spending deal for 2024
Leaders of Germany's three-party ruling coalition agreed on a new draft budget for next year after w...
8 months ago
Houthis vow to continue Red Sea attacks despite US-led strikes
Western airstrikes against Houthi positions in Yemen overnight won't stop its fighters from harassin...
8 months ago
Northern Europe’s new naval priority: Submarine sabotage
HANKO, Finland — Finnish and British troops undertaking a routine naval training exercise on a recen...
8 months ago
How Houthi rebels are threatening global trade nexus on Red Sea
The U.S. is mustering an international armada to deter Iranian-backed Houthi militias from Yemen fro...
8 months ago
Ukraine’s funding gap — by the numbers
It's little wonder Ukraine will be paying close attention to next week's European Council summit whe...
8 months ago
UK Budget 2024: All the highlights
LONDON — Jeremy Hunt rolled the pre-election dice Wednesday.The U.K. chancellor delivered a budget full of measures aimed at boosting Britain's sluggish growth and reversing his party's electoral fortunes. In doing so, he parked a fair few tanks on the op...
6 months ago
France’s fiscal woes cast a long shadow over Macron’s EU ambitions
PARIS — French President Emmanuel Macron's lofty European leadership ambitions are once again getting a reality check. The French government is scrambling to make savings and reassure financial markets after official figures this week showed that public...
6 months ago
Macron bets on investments and fraternité to charm Lula in first visit to Brazil
BELÉM, Brazil — “You can do business without necessarily having trade agreements,” French President Emmanuel Macron told reporters bombarding him with questions on why he so adamantly opposes an EU trade deal with Brazil and other South American countries...
6 months ago
Hand over ‘missing’ €5B in Russian asset profits, Ukraine tells EU
BRUSSELS — Ukraine is pushing for another €5 billion from the proceeds generated by frozen Russian assets that the EU has decided to withhold from the war-ravaged nation.Euroclear, the body holding the vast majority of Russia's central bank assets in Euro...
6 months ago
France pitches radical joint EU borrowing plan to pay for defense
BRUSSELS ― The French government is pushing for the European Union to issue joint debt to pay for increased military spending and is pitching the radical idea to its European counterparts, according to a confidential letter seen by POLITICO.In the diploma...
6 months ago
Von der Leyen dilutes plan to use Russian assets to buy Ukraine arms
BRUSSELS — European Commission President Ursula von der Leyen has tempered her plan to use the proceeds of frozen Russian assets to buy weapons for Ukraine.The EU executive will propose on Wednesday that a fraction of the approximately €3 billion derived...
6 months ago
US presses Austria’s Raiffeisen to quit Russia
Washington is tightening the screws on the last remaining banks in Europe still doing business with Russia. The Treasury's top sanctions enforcement official, Acting Assistant Secretary Anna Morris, met in Vienna on Friday with Austrian officials and repr...
6 months ago