Nuclear-capable Oreshnik missiles enter active service, Russia says
Nuclear-capable Oreshnik missiles enter active service, Russia says
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Machinery

Russia’s nuclear-capable Oreshnik missile system has entered active service in Belarus, Russia’s Defense Ministry said Tuesday, as the U.S. efforts to broker a deal to end the nearly four-year war in Ukraine have entered a pivotal stage. The ministry released a video showing combat vehicles that are part of the mobile intermediate range ballistic m

Ukraine peace plan ‘scares the bejesus out of us,’ officials say
Ukraine peace plan ‘scares the bejesus out of us,’ officials say
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KYIV, Ukraine — A maximum of 800,000. That’s how many soldiers Ukraine’s military would be authorized to have under the current 20-point peace framework — a 20% cut from the roughly one million currently under arms, but a significant increase over the 600,000 originally proposed. That higher number was a concession Ukrainian President Volodymyr Zel

Israel announces defense export record: $15 billion in 2024
Israel announces defense export record: $15 billion in 2024
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JERUSALEM — Israel’s defense export reached $14.79 billion in 2024, setting a new record at a 13% increase over the previous year, Israel’s Ministry of Defense announced on Wednesday. European countries were the main recipients, receiving 54% of the Israeli defense export, compared to 35% in 2023, according to data presented by the government. Asia

Ukraine Aims to Secure $1 Billion from World Bank to Strengthen Economic Policy
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Investments

According to the Ministry of Finance, the funds are expected to be provided by the International Bank for Reconstruction and Development (IBRD) in 2025. The World Bank’s Economic Policy and Poverty Reduction Mission began its work in Kyiv on June 2 and will continue through June 6. This week, World Bank experts are finalizing key terms of the agree

Sumykhimprom Put Up for Sale with Starting Price of UAH 1.15 Billion
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Investments

According to the State Property Fund of Ukraine (SPFU), the privatization asset includes 64 units of real estate and infrastructure—comprising production, warehouse, and administrative buildings—with a total area of 462,256.70 square meters. The enterprise is located across 44 state-owned land plots totaling over 637,000 hectares. However, no indiv

Trump names nominees to take over Middle East, Africa commands
Trump names nominees to take over Middle East, Africa commands
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President Donald Trump is nominating Vice Adm. Brad Cooper to take over as the top U.S. military commander in the Middle East, the Pentagon said Wednesday. If he is confirmed, it would mark just the second time that a Navy admiral has held the job. Defense Secretary Pete Hegseth said in a statement that Trump also is nominating Air Force Lt. Gen. D

Ukraine ‘well prepared’ for Russian response to drone stunt: Pistorius
Ukraine ‘well prepared’ for Russian response to drone stunt: Pistorius
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Machinery

COLOGNE, Germany — Ukrainian forces are “well prepared” for a Russian response to Sunday’s drone attacks against long-range bombers parked on air bases across Russia, according to German Defense Minister Boris Pistorius. Speaking ahead of a June 4 meeting of the Ukraine Defence Contact Group in Brussels, Pistorius said the scope and timing of a pot

Historic Kosmos Cinema in Zhytomyr Sold for UAH 25 Million
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Investments

On June 3, the first auction for the sale of the Kosmos cinema building, located at 5 Polyova Square in Zhytomyr, took place. Zhytomyr City Council approved the sale of the former cinema in April 2025. A key condition of the sale was preserving the property’s social and cultural function. Council members also insisted on the preservation of the mos

Ukrainian Bank Consortium Provides UAH 3 Billion Loan to DTEK for Energy Storage Facilities
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Investments

DTEK announced that the nearly UAH 3 billion (€67 million) loan will be used to develop one of the largest energy storage projects in Eastern Europe. The financing is being provided by a consortium of three Ukrainian banks — Oschadbank, PUMB, and Ukrgasbank (UGB). Under the agreement, which runs through September 25, 2030, five energy storage units

TAS Group, Led by Serhiy Tihipko, to Boost Investments from $140M to $180M in 2025
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Investments

During the Forbes Money forum, Serhiy Tihipko, Chairman of TAS Group, stated that the key investment criteria for the group are company cash flow, export potential, and return on invested capital. According to Tihipko, the acquisition of Idea Bank is expected to generate a 35–40% return on invested capital for the group as early as this year. TAS G

Putin challenger submits 105,000 signatures backing his election campaign
Putin challenger submits 105,000 signatures backing his election campaign
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Politics

Presidential hopeful Boris Nadezhdin should, in theory, be permitted on the ballot in March.Original link

France's Macron: 'Whatever America decides,' Europe must back Ukraine
France's Macron: 'Whatever America decides,' Europe must back Ukraine
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Politics

"We must be ready to act to defend and support Ukraine whatever it takes," the French president said.Original link

There are more Russian spies in EU Parliament, Latvian lawmakers say
There are more Russian spies in EU Parliament, Latvian lawmakers say
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Politics

“We are convinced that Ždanoka is not an isolated case,” three MEPs wrote in letter about espionage obtained by Brussels Playbook.Original link

Europe's true beliefs on Ukraine are put to the test
Europe's true beliefs on Ukraine are put to the test
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Politics

Press play to listen to this article Voiced by artificial intelligence. BRUSSELS — As long as it takes? Or as long as we feel like it?  For nearly two years, the EU has promised to support “Ukraine and its people for as long as it takes” — taking in millions of Ukrainians fleeing Russia’s war of aggression, supporting Kyiv with financial and milita

Opinion | This Is the World If Ukraine Loses
Opinion | This Is the World If Ukraine Loses
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Politics

Many Ukrainians will fight. Westerners learned on Feb. 24, 2022, that Ukrainians will risk their lives to remain free. Hundreds of thousands of battle-hardened women and men will be ready to take up a guerilla fight. They are inventive, with many highly educated engineers, inventors, IT specialists. If Russia counters with ever more brutal repressi