
Russia-Ukraine war – live: Putin signs record boost to military spending amid huge losses on battlefield
Vladimir Putin has signed a record national budget aimed at boosting the military amid staggering losses on the battlefield. After the budget was passed by the lower house of the parliament, speaker Vyacheslav Volodin said it was developed specifically to fund the military and to mitigate the impact of international sanctions imposed after Russia sent troops into Ukraine in February 2022. Part of the Russian budget is secret as the Kremlin tries to conceal its military plans and sidestep scrutiny of its operation in Ukraine. But independent business journalists Farida Rustamova and Maksim Tovkaylo said this month that around 39 per cent of all federal spending will go towards defence and law enforcement in 2024. It comes as data published by the UK Ministry of Defence, provided by Ukraine’s General Staff, showed the number of Russians casualties had risen to an average 931 a day this month. UK Defence Secretary Grant Shapps said: “Putin is stepping up his invasion - senselessly sending more Russians to die than at any time since the war began.” Read More Russian forces encircle Ukraine’s Avdiivka and ‘ready to storm city’ after months-long offensive Russian supermarkets are full of fruit, vegetables, cheese and meat. But shoppers can’t afford any of it A Dutch museum has sent Crimean treasures to Kyiv after a legal tug-of-war between Russia, Ukraine Ukraine and the Western Balkans top Blinken agenda for NATO foreign ministers meeting in Brussels
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Foreign Investment in Europe’s Big Startups ‘Grinding to a Halt’
Overseas investment into Europe’s latter-stage technology startups dropped to a four-year low, according to a report from venture
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Kyiv’s Harsh Winter Deepens Gloom Over Battlefield Failures
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Singapore Central Banker Sees Private Cryptocurrencies Failing
Private cryptocurrencies that failed the fundamental tests of financial services will eventually exit the monetary scene, according to
1970-01-01 08:00

Global Central Bankers Warn of Uncertainty Amid Rate Debate
Central bankers from Australia, England and Thailand warned that the monetary policy outlook remains uncertain, despite growing global
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OPEC Defends ‘Vilified’ Oil Industry on Eve of Climate Meeting
OPEC issued a strongly worded defense of the oil-and-gas industry days before the start of the biggest ever
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China’s National Planemaker Displays Two New C919 Jet Variants
Comac unveiled two variants of its single-aisle C919 jet at an airshow in Shanghai last week, according to
1970-01-01 08:00

Oil Edges Higher With Chance of Deeper OPEC+ Cuts in Focus
Oil edged higher after a string of losses as the market weighed the possibility of deeper output cuts
1970-01-01 08:00

Inflation in UK Shops Falls to a 17-Month Low
Inflation in UK shops has fallen to a 17-month low as retailers fight to attract shoppers ahead of
1970-01-01 08:00

One in Four UK Homebuyers Clinch Discounts of More Than 10%
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Google Alum’s AI Startup Raises $24 Million for Biotech Work
European biotech startup Cradle raised $24 million, gaining funds for its effort to use AI to help scientists
1970-01-01 08:00

Fashion Retailer Shein Files Confidentially for US IPO
Fast-fashion retailer Shein has filed confidentially with US regulators for an initial public offering that could take place
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