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The Latest Breaking News from Russia

Wallace warns Russia may ‘lash out’ as he calls for rise in defence spending

The Defence Secretary said the armed forces have lived on ‘a diet of smoke and mirrors, hollowed-out formations and fantasy savings’.

The Independent UK

New U.S. sanctions target Russian gold imports, defense industry

The United States on Tuesday imposed sanctions on more than 100 targets and banned new imports of Russian gold, acting on commitments made by the Group of Seven leaders this week to further punish Russia over its invasion of Ukraine.

Reuters

Russia Claims Footage Shows Attack Helicopters Conducting Electronic Warfare

Russia has released footage which they claim shows some of their attack helicopters conducting electronic warfare.

Zenger

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Britain must spend more on defence, says minister

Britain must bolster investment in defence to tackle threats not only from Russia but from China and other countries, British defence minister Ben Wallace said on Tuesday.

Reuters

Ukrainian Artillery And Special Forces Blow Column Of Russian Rocket Launcher Vehicles To Pieces

A column of Russian multiple rocket launcher vehicles was blown to pieces by artillery with the help of Ukrainian special forces.

Zenger

Ukrainian Forces Destroy Two Russian Armored Personnel Carriers And A Tank

Ukrainian artillery took out two Russian armored personnel carriers and a tank.

Zenger

Yacht of wealthiest Russian oligarch docked in haven Dubai

The man considered to be the wealthiest oligarch in Russia, who has been photographed playing ice hockey with President Vladimir Putin, has joined a growing list of those transferring — or, sailing — their prized assets to Dubai

The Independent UK

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G7 leaders wrap up summit, pledge tougher action against Russia

Leaders of world’s richest democracies say they will impose ‘severe and immediate economic costs’ on Moscow.

Al Jazeera

Russia publishes Pentagon coordinates, says Western satellites 'work for our enemy'

Russia's space agency published the coordinates of Western defence headquarters including the U.S. Pentagon and the venue of NATO's summit on Tuesday, saying Western satellite operators were working for Russia's enemy - Ukraine.

Reuters

Response to Russia’s war in Ukraine dominates G7 summit

Analysis: Talks close with pledge to support Kyiv for ‘as long as it takes’ but price caps on Kremlin oil and gas remain sticking point

The Guardian - UK

Turkey lifts veto on Finland, Sweden joining NATO, clearing path for expansion

NATO ally Turkey lifted its veto over Finland and Sweden's bid to join the Western alliance on Tuesday after the three nations agreed to protect each other's security, ending a weeks-long drama that tested allied unity against Russia's invasion of Ukraine.

Reuters

Volunteers evacuate the elderly from Ukraine's Bakhmut, fearing Russian advance

Since Sievierodonetsk fell to Russian troops Ukrainian volunteer Eduard Skoryk has been getting more calls to evacuate frail and elderly people from Bakhmut, 70 km away, who fear their city in eastern Ukraine may be next.

Reuters

Tycoon Deripaska casts doubt on Russia quest for "victory" in Ukraine

Russian aluminium tycoon Oleg Deripaska suggested on Tuesday that no winner would emerge from Moscow's invasion of Ukraine and highlighted the economic price that Russia was paying for its actions.

Reuters

G7: China must press Russia to stop Ukraine invasion

G7 leaders urged China on Tuesday to uphold the principle of peaceful settlement of disputes by pressing Russia to stop its invasion of Ukraine and dropping its "expansive maritime claims" in the South China Sea.

Reuters

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France 24

Black Sea’s Snake Island emerges as crucial in Russia-Ukraine war

Snake Island, a tiny piece of land in the Black Sea near the Ukrainian port city of Odesa, has taken on symbolic importance for both sides in the conflict. Ukraine said last week that it had won a major military victory on the island, an account Moscow disputes.

Evening Standard

Nato summit: Everything you need to know about meeting in Madrid

The Standard guides you through the event, why it matters and the key decisions Boris Johnson and other leaders are set to take in Madrid

Reuters

Russia's Lavrov to join G20 meeting in Bali next week - embassy

Russian Foreign Minister Sergei Lavrov will attend the Group of 20 (G20) foreign ministers' meeting in Bali next week, a spokesperson for the Russian embassy in Jakarta told Reuters on Tuesday.

Benzinga

Benzinga Before The Bell: Roe vs Wade Ruling Effect, Airbnb's Ban on Parties, JetBlue's Modified Proposal And Other Top Financial Stories Tuesday, June 28

CNBC

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Benzinga

Whirlpool Divests Russian Business: What's On The Cards?

Whirlpool Corp (NYSE:WHR), through its subsidiary Whirlpool EMEA SpA, agreed to sell its Russian business to Arçelik A.Ş. for deferred payments. The deferred payments are expected to be made over ten years and are subject to a cap based on the net asset value of the business as of closing, which is currently…

The Independent UK

NATO summit to open as leader warns of 'dangerous' world

NATO Secretary-General Jens Stoltenberg says Russia’s invasion of Ukraine has sparked a “fundamental shift” in the alliance's approach to defense

The Independent UK

Johnson condemns ‘utter barbarism’ of Putin’s attacks on Ukraine as G7 ends

Boris Johnson said ‘I don’t think’ the war in Ukraine will trigger a wider conflict in Europe despite efforts by the Kremlin to drag the West in.

The Guardian - UK

Putin needs a drawn-out war – the west’s timidity gives him one

President Zelenskiy and Ukraine want it finished by winter, but Russia still holds the balance of power, says Keir Giles of Chatham House

Daily Record

Scots student saves Ukrainian pal left sheltering from Russian missiles in Kyiv zoo

Nick, a journalism student from Kyiv,was desperate to help others as the conflict continued to escalate.

Axios

G7 leaders pledge to pursue price caps on Russian oil

"We invite all likeminded countries to consider joining us in our actions."

Daily Mirror

Boris Johnson poised to ditch key UK defence spending promise despite Russia's war

The Prime Minister will trumpet Britain's 2% of GDP spending on defence - but another part of his policy, to raise spending above inflation, could soon be scrapped. It came as Boris Johnson insisted "I don't think" Britain will end up at war with Russia

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