VENTURE CAPITAL POST

The Ukrainian government is investing in its military industry to boost homemade ammunition and weapons amid conflict with Russia.

In another sign of warming ties between the two countries, Russia has reportedly begun supplying oil directly to North Korea in defiance of sanctions imposed by the United Nations (UN).

Ukraine claims it destroyed Russian-used Starlink systems. This comes after Elon Musk denied doing business with Kremlin.

In what Kyiv described as the most devastating attacks against its energy infrastructure in two years of war, Russia pounded electrical power facilities in much of Ukraine on Friday.

Russian diesel fuel stranded at the sea was attributed to mostly Ukraine drone attacks on their oil refineries and heightened sanctions.

Ukraine has reportedly deployed 35 drones to target various locations in Russia, resulting in a fire at an oil refinery and disruptions to electricity supplies in border areas.

German Chancellor Scholz faces pressure over refusal to supply Taurus missiles to Ukraine amid Russian interception, sparking internal debate and international scrutiny.

Russia's President Vladimir Putin could decide to increase taxes after this month's election to fund the country's war in Ukraine.

Polish President Andrzej Duda plans to propose increasing NATO defense spending to 3% of GDP during talks with US President Joe Biden, aiming to fortify the alliance amid tensions, particularly in Ukraine.

US lawmakers are now scrutinizing the claims that SpaceX's Starlink service is being used in Russia.

The European Commission will propose strengthening the EU's armaments industry and entering "war economy mode" in light of Russia's invasion of Ukraine.

North Korea has delivered millions of artillery shells to Russia, according to South Korea’s defense minister.

Ukraine's President Volodymyr Zelenskyy said that former President Donald Trump does not seem to understand that Russia's President Vladimir Putin "will never stop."

The Biden administration is reportedly preparing to announce new sanctions on Iran in retaliation for its arms sales that have fortified Russia's defenses amid war with Ukraine.

The European Union (EU) has agreed to ban exports to three Chinese companies and blacklist North Korea's Defense Minister in new sanctions for the second anniversary of Russia's invasion of Ukraine.