Annual inflation in Canada reaches 29-month high amid rising oil prices
Canada’s annual inflation rate rose to a 29-month high in May, reaching 3.2 percent.
Central Banks Return Gold Reserves Home and Expect Increased Purchases
Over the past 12 months, 9% of respondents increased domestic storage, compared to 5% the previous year.
Turkey Warned Russia Against Threats to Security in the Black Sea and Offered Mediation
This was stated by Turkish Foreign Minister Hakan Fidan during a conversation with his Russian counterpart Sergey Lavrov on Tuesday.
Poll: Zelensky’s decision on UPA worsened attitude of over half of Poles towards Ukraine
This was shown by a survey conducted by the research company SW Research for the publication “Rzeczpospolita” on 9-10 June among 800 adult internet users.
EU Approves Package of Measures to Simplify Defense Procedures Amid Threats
The agreement seeks to overcome the ‘bureaucratic paralysis’ and simplify the purchase and transfer of defense products between member states.
North Korea’s Economy Demonstrates Fastest Growth in Eight Years Amid Cooperation with Russia
North Korea’s economy has shown 3.7% growth, the highest in eight years, despite international sanctions.
Russia’s Oil Export Value Hits Post-February 2022 High
Russia’s oil export value has reached its highest level since February 2022, averaging $2.42 billion weekly, driven by increased volumes and prices.
Moscow Shuts Down Airports, Restricts Mobile Service Ahead of Victory Day
Moscow closed its airports and restricted mobile internet access on Tuesday, tightening security ahead of the May 9 Victory Day parade amid drone attack fears.
Ukraine Strikes Russian Oil Infrastructure Over 20 Times, Causing Estimated $7 Billion in Losses
Ukraine has launched over 20 strikes on Russian oil infrastructure this year, causing an estimated $7 billion in losses. These attacks have impacted export revenues and production.
Zelenskyy Vows ‘Mirror Response’ to Massive Russian Strikes; Five Killed in Poltava Region
Ukrainian President Volodymyr Zelenskyy vowed a ‘mirror response’ to massive Russian strikes on May 5, which killed five and injured 37 in Poltava region. Officials condemned Russia’s ‘cynicism’ amid truce talks.