TAG: Tanks
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
Risk of ‘lost decade’ as EU countries face economic cliff edge
BRUSSELS — The year 2026 could be a defining moment for the European economy.The double blow of the introduction of reformed EU spending rules and the European Commission turning off the money taps may leave a black hole in the budgets of highly indebted...
6 months ago
How China ended up financing the Houthis’ Red Sea attacks
China is unwittingly helping Iran choke off ship traffic in the Red Sea, impairing global trade flows and damaging Beijing’s own interests in the process, Western intelligence officials say.China’s illicit purchases of Iranian oil are indirectly financing...
6 months ago
Ukrainians are still waiting for Abramovich’s billions
LONDON — More than £2 billion was promised to Ukrainian war victims thanks to the forced sale of Chelsea Football Club.It was to be the largest nongovernmental aid package Europe had ever seen, but nearly two years on and not a penny from the record-break...
6 months ago
France talks tough on Ukraine while gobbling up more Russian gas
BRUSSELS — Put your money where your mouth is.Such grumbling is percolating across Europe as new data reveals France quietly ramping up gas payments to Russia just as President Emmanuel Macron loudly positions himself as one of Ukraine’s staunchest defend...
6 months ago
A new inconvenient truth: Europe’s global plans all require money no one has
BRUSSELS — EU leaders are on a grandiloquent streak, even by their standards.The EU can stay relevant in a world of resurgent big power politics. Europe won’t drown in the sea of public cash the U.S. and China are throwing at futuristic industries. We can...
5 months ago
Industry bosses to EU: Help us level up in the global green tech race
HANNOVER, Germany — Europe’s industry is ready to take on state-subsidized Chinese and American rivals in the global green tech race — but Brussels must create the right conditions for it to do so.Failure to act will condemn Europe to deindustrialization:...
5 months ago
How dirty Russian money taught Latvia to get serious on sanctions
RIGA — When your most important ally swoops in and closes your third-largest bank while calling it a “money laundering institution,” it’s time to roll up your sleeves and get to work.That’s exactly what Latvia did when confronted by the U.S. Treasury Depa...
4 months ago
Ukraine arrests deputy minister in coal mining corruption case
Ukraine's deputy energy minister has been arrested as part of a probe into bribery allegations, amid a government-led crackdown on corruption.The Security Service of Ukraine (SBU) announced on Monday that the senior official had been detained alongside th...
2 months ago
Spain’s Teresa Ribera gets top job in charge of competition, climate in new Commission
BRUSSELS — European Commission President Ursula von der Leyen has chosen Spanish Ecological Transition Minister Teresa Ribera as her second-in-command, tasking her with overseeing a vast portfolio including climate and competition policy. Ribera, a Social...
4 weeks ago
Saudi oil giant spends well over a billion on ‘sportswashing,’ new report says
Saudi Arabia is spending more than a billion dollars to sponsor global sporting events as it looks to burnish its reputation and assert itself as a global superpower, according to a new report out Wednesday.The report by think tank New Weather Institute r...
4 weeks ago
UK energy policy: 20 people to lobby at Labour conference
Ministers newly installed in their Whitehall offices. Special advisers moving from opposition to government. The first Labour administration for 14 years — and one marked in its early weeks by a raft of energy and climate promises which could, at least in...
3 weeks ago
The EU was built on red tape. Now it wants to slash it.
BRUSSELS ― For decades, the European Union loved to regulate. Now, it wants to do the opposite.Where once, the "Brussels Effect" saw the EU set laws and standards the rest of the world couldn't help but follow, soon there will be a European commissioner f...
3 weeks ago