Eastern Europe / Features
Ukraine goes into production of Flamingo ICBM
Flamingo is part of Ukraine's broader push to develop independent strike capabilities, as it has been sorely lacking in missiles that can strike targets deep in Russia’s hinterland.
Russian fossil fuel revenues slip as CREA calls for tighter price cap enforcement
Russia’s fossil fuel export revenues fell 3% month-on-month in July to €585mn a day, as weaker crude oil and LNG sales offset a sharp rise in pipeline gas income, according to the July monthly update on Russia’s oil trade from CREA.
Europe overtakes US as main supplier of military aid to Ukraine
Europe, including the United Kingdom, has outstripped the United States in total military aid to Ukraine for the first time since mid-2022, with a growing share of support sourced directly from defence industry production rather stockpiles.
Russia’s Rosstat decides to hide increasing bleak income and retail figures from the public
In July Rosstat declared it will withhold data on monthly retail, wholesale trade, income, and salary data from its June release. Analysts say the reason is those numbers paint an increasingly bleak picture.
Indian opposition blames government on Trump threats
Under President Donald Trump’s second term his administration has taken a much more hawkish stance that Indian purchases enable Russia to weather sanctions and indirectly fund its war effort