The Organization of the Petroleum Exporting Countries (OPEC) and its partners, known as OPEC+, showed their commitment to higher oil prices in their meeting on June 4, with Saudi Arabia announcing additional output cuts and some other members extending their voluntary cuts until the end of 2024. Following their meeting in Vienna, OPEC+ members extended…
Saudi Arabia to Cut Oil Production by 1 Million Barrels per Day to Boost Prices
June 4, 2023
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Zelenskyy Makes Grim Prediction, Claims Ukraine Ready for Counteroffensive
Ukrainian President Volodymyr Zelenskyy this weekend revealed that Ukraine is ready for a counter-offensive to re-capture territory that was acquired by Russian forces, warning of large casualties in the coming fight. In an interview with the Wall Street Journal, the leader of Kyiv’s government said that a long-reported counter-offensive will come soon. However, he warned…
Russia Bans ‘Unfriendly’ Countries’ Journalists From Showpiece Economic Gathering
MOSCOW—Russian President Vladimir Putin’s spokesman said Saturday that journalists from countries that Russia regards as unfriendly have been banned from covering this year’s economic forum in St. Petersburg, one of the country’s showpiece events. The move underlines the intensifying animosity between Russia and countries that have imposed sanctions connected to the fighting in Ukraine or…
True Death Toll in Russia–Ukraine War ‘Far More’ Than Reported: Trump
June 2, 2023
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Former President Donald Trump stated during Thursday’s town hall-style forum that officials are lying about the real number of casualties suffered in the Russia–Ukraine war. Speaking in Clive, Iowa, at his second major televised event ahead of the 2024 primary election, Trump told Fox News host Sean Hannity that he gets along with both Ukrainian…
Ukraine Conflict Sidelines China-Europe Railway Express
June 2, 2023
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A critical part of China’s Belt and Road Initiative (BRI), the China-Europe Railway Express has expanded by more than 20 percent a year in recent years. However, over the past year, the railway’s growth has slowed dramatically. Its business has declined with most European countries—with the exception of Russia, which now dominates Europe’s trade with…
US Seeks Nuclear Talks with Russia, China ‘Without Preconditions’: Sullivan
June 2, 2023
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The United States is seeking to bring Russia and China to the negotiating table in order to prevent a new nuclear arms race, according to a senior White House Official. President Joe Biden’s administration is prepared to pursue nuclear negotiations with either power “without preconditions,” said White House national security adviser Jake Sullivan. Such talks,…
Russia Says 2 Killed After Ukraine Shelled Border Regions
The governor of Russia’s Belgorod region said that two people were killed and four others injured on Friday after Ukraine shelled a town near the border, while officials in nearby regions reported overnight drone attacks. Governor Vyacheslav Gladkov wrote on Telegram that shelling had struck a section of road in the town of Maslova Pristan,…
NATO Bolsters Kosovo Mission After Poll Sparks Clashes With Country’s Serbs
Recent days have seen another political flare-up in Eastern Europe—this time in Kosovo, where ethnic Serbs in the country’s north recently came to blows with NATO peacekeepers. Serbia’s military has since been deployed near the border with Kosovo, while NATO has announced plans to reinforce its Kosovo peacekeeping force (KFOR). In 2008, Kosovo—with U.S. backing—declared…
China Prioritizing Gas Pipeline Projects With Central Asia Over Russia
June 1, 2023
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News Analysis China’s top leader Xi Jinping appears to be prioritizing cooperation with Central Asia for gas pipelines, having urged the accelerated construction of a fourth pipeline to the region during a meeting with heads of state from the five Central Asian countries in May. Meanwhile, Russia has been pushing China, without success, for the construction…
White House Cautious About Calling China, Russia ‘Evil Regimes’
May 31, 2023
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A reporter on Wednesday demanded an explanation from the White House as to why the Biden administration has repeatedly refrained from calling the governments of Russia and China “evil regimes.” During a press conference, Newsmax’s chief White House correspondent James Rosen cited President Ronald Reagan, who had described the Soviet regime as the “locus of…
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