Russia has defaulted on its foreign debt for the first time since 1918, the year following the Bolshevik Revolution. Moscow, however, claims the necessary payments were made on May 27th.
Moscow failed to pay approximately $100 million in interest on two bonds during a 30-day grace period that expired Sunday.
The White House has said the default showed the effect of Western sanctions on Russia.
"This morning's news around the finding of Russia's default, for the first time in more than a …
Author: Nataliia Naidiuk, Ukrainian journalist living in Chernihiv, Ukraine.
Andriy Evmenenko is a fire brigade commander in Chernihiv. As a child, Andriy would look at colorful photos of red fire engines in the family album. They were his father’s pictures from when he had served in the fire department in Moscow. Who would have thought that many years later, Andriy would be putting out fires, in his native Chernihiv. Fires started by Russian bombs and shells.
This is a story about a fireman, …
The Russian Army is focused on capturing Lysychansk, which remains the last unoccupied city in the Luhansk region, said the head of the Luhansk regional administration Serhiy Haidai.
"After capturing Severodonetsk, the enemy concentrated all its forces on capturing the last fortress of the Luhansk region - Lysychansk," said Haidai.
According to Haidai, the enemy carries out airstrikes on the city, and is also shelling the town of Bila Hora.
"There is a lot of destruction. Lysychansk is …
The head of the military regional administration of the Luhansk region, Serhiy Haidai, said that Ukrainian troops would have to leave Severodonetsk.
"Unfortunately, we will have to withdraw our military from Severodonetsk, because it makes no sense to stay at the broken positions. The death toll is growing," Haidai wrote.
According to him, the Russians have been bombing the city daily for four months. 90% of the buildings have been destroyed or damaged. The Ukrainian military was given "the …
According to a British Defense Ministry intelligence update, Russia’s use of retired military personnel who are now private contractors suggests Russia does not have enough trained service members, especially pilots, to continue its war in Ukraine.
On June 17th, Ukrainian forces reportedly shot down a Russian Su-25 Frogfoot ground attack aircraft and captured the pilot, Major Andrei Fedorchukov. The pilot confessed to being a former Russian air force major who is employed by Wagner, a private …