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For an extended period, Ukraine has relied on robust air-defense systems from Western sources to thwart Russian missile attacks, instilling a sense of security among its citizens, particularly in major cities like Kyiv. However, on Friday, this defense shield revealed vulnerabilities.   In one of the most substantial air offensives of the war, Russia unleashed […]

On Saturday, Russian authorities reported that a Ukrainian assault on the city of Belgorod resulted in at least 22 fatalities and nearly 110 injuries. This marks the deadliest single attack on a Russian city since the conflict’s onset nearly two years ago, according to officials. The Russian Defense Ministry stated that Ukraine targeted Belgorod, a

Gaza Strip’s DEIR AL-BALAH (AP) — Israel’s war on Hamas in Gaza will last for “many more months,” according to Prime Minister Benjamin Netanyahu on Saturday, defying repeated pleas by the international community for a cease-fire in response to the growing number of civilian casualties, famine, and mass evictions in the besieged region. Netanyahu expressed

Termed a Christmas miracle, global inflation is decelerating faster than anticipated, with expectations that this trend will persist into the coming year, returning inflation to normal levels for the first time in three years. According to Goldman Sachs economists, core inflation (excluding food and energy) in economies, including the U.S., Europe, and various emerging markets,

Wealthy countries are witnessing a surge in tax revenues, reaching levels unseen in decades, as they grapple with the challenges of financing expanded state spending in the face of rising interest rates that diminish the appeal of borrowing. Data from the Organization for Economic Cooperation and Development (OECD) reveals record-high tax revenues as a percentage

WASHINGTON—On Thursday, the Biden administration extended the temporary suspension of Trump-era tariffs on European steel and aluminum for an additional two years, underscoring the president’s ongoing struggles in resolving trade tensions as the approaching election year adds complexity.   Despite more than two years of negotiations between Washington and Brussels, a permanent solution to eliminate