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Russia's aluminum giant feels the strain of sanctions, production slashed amid rising costs
Russia's aluminum industry faces a crisis as alarming news emerges from Rusal about a sudden production cut. The country's largest aluminum producer, Rusal, has announced a reduction in aluminum output by 250,000 tons. The company attributes this decision to record-high alumina prices— a crucial raw material— and deteriorating macroeconomic conditions.
Rusal, owned by prominent Russian oligarch Oleg Deripaska, who is closely tied to the Kremlin, has found itself procuring more than a third of …
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NATO Parliamentary Assembly pushes for intermediate-range missile deliveries to Ukraine
During the NATO Parliamentary Assembly session held in Montreal, Canada, a crucial resolution regarding Ukraine was adopted.
The resolution specifically calls on leaders of NATO member countries that have intermediate-range missiles to transfer them to Ukraine as a means of deterrence and self-defense against Russian aggression.
According to a member of the Ukrainian delegation, who attended the meeting as a guest, Member of Parliament Yehor Chernev, the discussion could include Tomahawk …
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Finnish aluminum exports to Russia surge in 2024
According to Finnish customs data, during the first nine months of 2024, Finland exported aluminum worth $22.3 million to Russia, compared to just $11.3 million over the same period in 2023, broadcaster YLE reports.
This marks a twofold increase in aluminum exports to Russia. It's noted that the aluminum is either shipped via sea routes or transported through the Baltic countries. Presently, aluminum sales constitute the main category of Finnish exports to Russia. Finland houses three major …
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Ukrainian Intelligence releases list of Western-made components used in North Korean missiles supplied to Russia
Among the components found in North Korea's KN-23/KN-24 ballistic missiles—transferred to Russia for the war against Ukraine—were part manufactured overseas in 2023.
According to the Ukrainian intelligence service's press release, Russia received over 100 KN-23/KN-24 missiles from North Korea. These weapons were reportedly first used in the war against Ukraine in late 2023.
In addition to the missiles, Pyongyang sent Russian military specialists to handle the launch systems and reportedly …
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Europe considers troop deployment to Ukraine amid fears of Trump's return to power
Europe has reopened discussions regarding the deployment of troops to Ukraine. According to a source, London and Paris are engaged in talks focusing on defense cooperation, with a specific emphasis on Ukraine. Both the UK and France are considering leading a foreign military contingent in Ukraine, driven by concerns over the implications of Donald Trump winning the upcoming US presidential election, reports the French newspaper Le Monde.
Currently, discussions on the deployment of Western …