[ad_1] Barclays bank reported second quarter earnings Thursday. Bloomberg | Bloomberg | Getty Images Barclays said Thursday that it expects to earn less interest in its U.K. division, as analysts flagged the bank’s “modestly disappointing” set of results. The British lender reported a net income of £1.3 billion ($1.68 billion) for the second quarter, in … Read more
[ad_1] Questions linger over Turkey’s opposition to Sweden’s NATO accession NATO allies will meet in Vilnius, Lithuania, from July 11-12 for discussions set to focus on ongoing Russian hostilities in Ukraine and Sweden’s bid to enter the coalition. Turkey, which provides NATO’s second-largest military force, has opposed the accession, repeatedly citing security concerns over Stockholm’s … Read more
[ad_1] No news to share on detained WSJ reporter Evan Gershkovich, White House says US journalist Evan Gershkovich (REAR) arrested on espionage charges looks on as he stands inside a defendants’ cage before a hearing to consider an appeal on his extended detention at The Moscow City Court in Moscow on June 22, 2023. Natalia … Read more
[ad_1] Moscow’s combat position in the war in Ukraine will not be impacted by the loss of troops belonging to Russian paramilitary group Wagner, according to a senior Russian defense official. Wagner forces were integral to Moscow’s advance in Kyiv before the group staged an attempted insurrection at the end of last month, damaging relations … Read more
[ad_1] Poland expects EU support to strengthen eastern border, deputy minister says Poland expects the European Union to help fund measures to strengthen its eastern border amid heightened security concerns following the attempted insurrection of Russia’s Wagner paramilitary troops over the weekend. “European solidarity means supporting countries threatened with destabilization,” Deputy Foreign Minister Paweł Jabłoński … Read more
[ad_1] Vladimir Putin expected to make televised address, state media reports Russian President Vladimir Putin is expected to deliver a televised address soon, state news agency TASS reported, citing Kremlin press secretary Dmitry Peskov. Peskov previously told TASS that Putin had been briefed on the Wagner situation and that “necessary measures are being taken.” Earlier, … Read more
[ad_1] Fresh PMI data came in below expectations and pointed to an economic slowdown. Bloomberg | Bloomberg | Getty Images Business activity growth in Europe slowed in June, pointing to a difficult end to the second quarter, according to preliminary data Friday. The euro zone’s flash composite Purchasing Managers’ Index dropped to 50.3 in June … Read more
[ad_1] Russia resists counteroffensive, and Ukraine knows it faces a tough challenge A Ukrainian soldier of the 28th Separate Mechanized Brigade fires at Russian positions at the front line near the town of Bakhmut in the Donetsk region, on June 17, 2023. Anatolii Stepanov | Afp | Getty Images It’s becoming clear that Ukraine could … Read more
[ad_1] Denmark more than doubles funding for Ukrainian military Denmark has pledged to more than double its budget for Ukrainian military support, the Danish Ministry of Defence announced on Monday. The country first established funding of about $1 billion for Ukraine in March, according to Reuters, which would provide resources for Ukraine’s military, as well … Read more
[ad_1] Tensions emerging between Wagner mercenaries and Putin Close followers of Russia are keeping a close eye on emerging tensions between the Kremlin and the head of Russian private military company, the Wagner Group. There’s no love lost between the head of the Wagner Group, Yevgeny Prigozhin, and Russia’s Ministry of Defense, with Prigozhin openly … Read more