Western companies reap huge profits worth $200bn in defence sector due to Russia-Ukraine conflict – US website claims

Western companies reap huge profits worth $200bn in defence sector due to Russia-Ukraine conflict – US website claims

Washington: Western defence companies have made the biggest gains from the Russia-Ukraine conflict, claims a US website. A website named ‘Defense News’ made public the list of the top 100 highest-earning companies in the defence sector in 2022. Over 50 US companies are included in these, and the information has come to the fore about […]

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China’s moves to increase influence in Central Asian countries due to Russia-Ukraine conflict – Central Asia Summit organised

China’s moves to increase influence in Central Asian countries due to Russia-Ukraine conflict  – Central Asia Summit organised

Beijing – As Russia remains preoccupied with the Ukraine conflict, China began moves to strengthen cooperation with Central Asian countries under Russian influence. China has organised a two-day summit of five Central Asian countries, including in-person and group meetings. The Russian news agency reported that Russian President Vladimir Putin had a phone conversation with the […]

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Russia’s gold production surges amid Russia-Ukraine conflict

Russia’s gold production surges amid Russia-Ukraine conflict

Moscow – Despite the various sanctions imposed amid the Russia-Ukraine conflict, Russia has managed to increase its gold production. In 2022, Russia produced 320 tons of gold from its mines. After that, the increase in production was reported in the first three months of 2023, according to the Russian agency ‘Rosstat’. Gold production increased by […]

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Western oil companies profited by $200 billion given Russia-Ukraine conflict

Western oil companies profited by $200 billion given Russia-Ukraine conflict

London: Due to the Russia-Ukraine conflict, the people in the United States and Europe have faced a big crisis of fuel price hikes. Western countries have taken action against sanctions, holding Russia fully responsible for this. However, the major fuel companies in the United States and Europe have benefited the most from the increased fuel […]

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Western Countries pressuring Austria, which has remained neutral over Russia-Ukraine Conflict

Western Countries pressuring Austria, which has remained neutral over Russia-Ukraine Conflict

Vienna: Western countries have begun to pressure Austria, which has taken a neutral stance militarily in the Russia-Ukraine conflict. Besides, an ‘OSCE’ group meeting has been organized in Austria towards the end of next week. Austria has decided to grant visas to 15 Russian leaders and officials for this meeting. However, representatives of 20 countries […]

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US Arms Sales to NATO member states doubled in the wake of Russia-Ukraine conflict – claims ForeignPolicy magazine

US Arms Sales to NATO member states doubled in the wake of Russia-Ukraine conflict – claims ForeignPolicy magazine

Washington: In the wake of the Russia-Ukraine conflict, there has been a huge addition in arms sales from the United States to NATO member countries. The leading magazine ‘Foreign Policy’ claimed that in 2022, the value of US defence deals with NATO countries would be more than double compared to 2021. The article in ‘Foreign […]

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Russian Navy obtains 2 Nuclear Submarines and 4 warships amid Russia-Ukraine Conflict

Russian Navy obtains 2 Nuclear Submarines and 4 warships amid Russia-Ukraine Conflict

Moscow: As the Russia-Ukraine conflict escalates, four new warships were added to the Russian Navy on Thursday. It includes two nuclear submarines along with a destroyer and a minesweeper. At this time, President Vladimir Putin warned that Russia would speed up the production of warships and submarines in the future. During the early days of […]

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US trade policies dual faced given Russia-Ukraine conflict – French President Emmanuel Macron slams

US trade policies dual faced given Russia-Ukraine conflict – French President Emmanuel Macron slams

Paris/Washington: Europe has been forced to pay a heavy price for imposing restrictions on Russian fuel imports given the Russia-Ukraine conflict. The displeasure in the European countries on this issue is now coming on the anvil and the French President has directly reprimanded the United States. French President Emmanuel Macron has accused the US Biden […]

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