WEF 2023: Where Is Ukraine Headed?

As the war in Ukraine is inching towards its one-year completion, uncertainty and complexity are mounting. So far, the conflict has killed tens of thousands of military personnel and civilians and forced nearly eight million Ukrainian refugees to flee across Europe.  On the other side, the continuous support of the West to Ukraine and Russia’s solid military power keeps the war at a stalemate. At the World Economic Forum’s Davos Summit, Ukrainian president Volodymyr Zelenskyy appealed to supply more arms and weapons to his war-torn country. Zelenskyy said, “Our collective…

Read More

Germany Ready To Let Poland Send Leopard Tanks To Ukraine

Germany is ready to authorise Poland to send German-made Leopard tanks to Ukraine to help Kyiv fight the Russian invasion if Warsaw makes such a request, Foreign Minister Annalena Baerbock told French Television LCI on Sunday, reported CNN. “The question has not been asked. If we were asked the question, we would not stand in the way,” Baerbock said in an interview on the sides of a French-German cabinet meeting celebrating 60 years of the Elysee treaty. When asked for clarification by the interviewer if she meant Germany would not…

Read More

US Cautions China Of Red Line In Ukraine War Ahead Of Blinken Visit

The remark comes as the United States closely monitors any decisions by the People’s Republic of China (PRC) in response to Russian requests for security assistance amid the ongoing war in Ukraine, US broadcaster VOA reported Two weeks ahead of US Secretary of State Antony Blinken’s reported visit to Beijing next month, the United States laid out its red line and cautioned China against material and security assistance to Russia in the Ukraine conflict. “I don’t have a new assessment to offer,” State Department spokesperson Ned Price told Voice of…

Read More

US Announces $ 2.5 Bn In New Weaponry, Munitions For Ukraine

The US on Thursday (local time) announced a massive new package of USD 2.5 billion in new weaponry, and munitions for Ukraine as the country prepares for a new stage of the war against Russia. The package does not feature battle tanks requested by Kyiv but includes 90 Stryker armoured personnel carriers, an additional 59 Bradley Infantry Fighting Vehicles, Avenger air defence systems, and large and small munitions, according to a Pentagon statement. “The 59 Bradley IFVs included in this package, together with the 50 Bradleys previously committed on January…

Read More

India, US Agree On Restoration Of Peace In Ukraine: Biden Admin

India and the United States “agree very much” that restoring long-term peace in Ukraine is critical, according to the Biden administration. The State Department spokesperson Ned Price said that his country is working closely with its allies and partners, including India, on the Ukraine conflict and that the international community recognises the need to hold Russia accountable. Price also said on Friday, “We strongly agree with India that restoring long-term peace in Ukraine is critical. This is the same message issued by President Volodymyr Zelenskyy. He spoke to the assembled…

Read More

Ukraine’s Economy Contracted By 30.4% In 2022, Largest Annual Drop In 30 Years

Ukraine experienced its sharpest economic decline in more than 30 years in 2022 because of war but foreign aid prevented an even worse scenario. Preliminary economy ministry data released on Thursday showed a 30.4 per cent drop in GDP last year, and economic analysts said risks and uncertainty remain high, especially if Russia continues to attack Ukraine’s critical infrastructure. Economy Minister Yulia Svyrydenko said the GDP decline was the largest in any year since Ukraine gained independence from the Soviet Union in 1991, but it was less severe than expected.…

Read More

Putin Orders 36-hr Long Cease-fire, Kyiv Declines To Reciprocate

Russian President Vladimir Putin has ordered his defence minister to impose a 36-hour cease-fire on the Ukrainian frontline starting Friday. The ceasefire, which is set to begin at 12:00 p.m. (Moscow time) will coincide with Russian Orthodox Christmas. Putin asked Ukraine to reciprocate, but Kyiv quickly declined. Ukraine’s President Volodymyr Zelensky said the cease-fire was an attempt to halt his country’s military advances. The Kremlin statement seemed to emphasise that President Putin ordered his troops to cease fighting not because he was de-escalating – Putin never de-escalates – but because…

Read More

War Is At Critical Juncture: Biden After US, Germany Announced More Support For Ukraine

The war in Ukraine is at a critical juncture, according to US Vice President Joe Biden, as the US and Germany announced additional support for Ukraine on Thursday. “The Ukrainian conflict is currently at a critical juncture. We must do everything possible to assist the Ukrainians in resisting Russian aggression. And Russia has no intention of slowing down. The actions they are taking are just as barbaric as they were a year ago and they are not slowing down,” Biden told reporters during a Cabinet meeting. Biden stated that he…

Read More

Amid Global Slowdown, India Among Fastest Growing Economies In Asia: OECD

Amid the global economic slowdown due to the Ukraine crisis, India, with a growth rate of 6.6 per cent in this financial year (FY) is among the fastest-growing economies in Asia, the Organisation for Economic Cooperation and Development (OECD) said on Tuesday. Despite declining global demand and the tightening of monetary policy to manage inflation, India is all set to become the second-fastest growing economy in the G20 in FY 2022-23 after Saudi Arabia, said the Paris-based intergovernmental body in its latest Economic Outlook’. As the domestic demand and exports…

Read More

India On The Side Of Peace: Jaishankar On Ukraine Crisis

We respect the United Nations (UN) Charter and its founding principles and India is on the side of peace, said External Affairs Minister, S. Jaishankar on the Ukraine crisis on Sunday. While speaking at the general debate of the 77th session of the UN General Assembly, he said that India is on the side that calls for dialogue and diplomacy as the only way out. “As the Ukraine conflict continues to rage, we are often asked whose side we are on. Our answer, each time, is straight and honest. India…

Read More