Politics and science have combined to wipe $225 an ounce off the price of gold in three weeks with worse to come if peace takes hold in war zones and if an experiment in man-made gold moves out of its laboratory phase. The fall from a peak of $3433 an ounce on April 22 to
Putin has launched a large scale drone attack on Kyiv that has killed at least nine people and injured another 70, including six children, Ukrainian officials say. Russia‘s overnight combined missile and drone attack triggered fires, smashed buildings and buried residents under rubble in the Ukrainian capital. At least 45 drones were detected, the Kyiv
Donald Trump will allow Vladimir Putin to keep almost all the territory he has seized from Ukraine under the terms of a proposed peace deal. Putin would be required to freeze the current front line, allowing him to keep most of his gains – though, the country would be required to give up two small areas
(Bloomberg) — Spain proposed setting up a new defense fund to provide non-refundable grants to beef up Europe’s defense lines and provide support for Ukraine using Russia’s immobilized central bank assets. Most Read from Bloomberg Economy Minister Carlos Cuerpo urged his European Union counterparts Saturday to create such a temporary instrument to finance large-scale European-wide
What were the main points of Zelensky’s post-summit press conference? Volodymyr Zelensky had a lot to say at today’s press conference following the Ukraine summit in Paris — striking a careful balance between gratitude, frustration, and strategic messaging. Here are the key takeaways: Macron, Starmer and the West speeding up the path to peace “We
President Trump said “contracts” are being negotiated to divide up land as part of a final deal ending Russia’s war in Ukraine and reiterated that a ceasefire could come “pretty soon.” “They are fighting against each other,” Trump told reporters Friday in the White House. “I think we’re going to have ceasefire on a lot
On Wednesday, British shares rebounded following a selloff triggered by Kyiv’s readiness to accept a 30-day ceasefire proposal with Russia, offering hope amid geopolitical tensions. The FTSE 100 index rose by 0.6% at 1127 GMT, recovering from its worst session in nearly two months the previous day. The U.S. decision to resume military support
Annaliese Dodds quit the Government today with a broadside at Sir Keir Starmer over his plan to use foreign aid money to re-arm Britain. Earlier this week, the Prime Minister announced that defence spending will be increasing to 2.5 per cent of GDP by 2027, with a view to it hitting 3 per cent in
Crude oil prices reversed a decline from the start of this week, moving higher after the American Petroleum Institute reported the first weekly decline in inventories in over a month. If the inventory dip gets confirmed today by the Energy Information Administration, the price rise will likely extend towards the end of the week. At
This week saw the most significant developments to bring about an end to the Ukraine war since Russia invaded in February 2022. A meeting between US and Russian officials in Saudi Arabia on 18 February covered a number of key areas, including restoring relations between the two superpowers and the role of Nato in any