G7 leaders agreed to increase pressure on Russia to end its war against Ukraine during talks in France. The move aims to strengthen Ukraine’s position and encourage Moscow to accept a peace agreement. The decision affects the ongoing conflict that has entered its fifth year and continues to impact global security. Ukrainian President Volodymyr Zelensky […]
sanctions on russia
Sanctions force Russsia to cut back on military spending
Russia’s military spending fell sharply in 2017 for the first time since 1998 as a slew of Western economic sanctions hit government coffers hard, a closely followed review said Wednesday. Despite soaring tensions between Moscow and the West, Russia’s military expense last year came in at $66.3 billion (54.9 billion euros), 20 percent lower than […]