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  • Russia Raises Income Tax on Rich to Pay for Ukraine War

    05/29/2024 7:15:59 AM PDT · by marcusmaximus · 24 replies
    Wall Street Journal - MSN ^ | 5/29/2024 | Georgi Kantchev, Chelsey Dulaney
    Russia launched plans to sharply raise taxes on high earners and companies to fill state coffers and fund what it sees as a long war in Ukraine. A government commission on Wednesday approved a Finance Ministry plan to introduce a new progressive income tax as well as raise corporate tax rates. The proposed amendments, which would come into force from next year, are expected to bring an additional 2.6 trillion rubles, or around $29 billion. -snip- Per capita household income is around $7,100, according to data provider CEIC. Russia’s military expenditures are already running at over 6% of gross domestic...
  • Putin Ally Suggests Missile Strike on Iconic American Landmark

    05/25/2024 6:07:19 PM PDT · by USA-FRANCE · 84 replies
    Vladimir Solovyov, media personality and ally to Russian President Vladimir Putin, recently suggested that Moscow launch a missile strike at the torch of the Statue of Liberty in New York City. Amid Moscow's ongoing full-scale invasion of Ukraine that Putin launched in February 2022, Solovyov has been a source of Russian propaganda. He has talked about Russia expanding its war, claiming that the country owns Ukraine and even parts of Europe like Poland and Finland.
  • Massive Ukrainian drone attack on Crimea causes power outages in Sevastopol

    05/17/2024 10:58:49 AM PDT · by MeganC · 40 replies
    Euronews ^ | Published on 17/05/2024 - 14:52 | By Euronews with AP
    Kyiv says it has had some success pushing back against a renewed Russian offensive, but Ukraine's defences are in dire need of resupply. A massive Ukrainian drone attack on Crimea early Friday caused power cutoffs in the city of Sevastopol and set a refinery ablaze in southern Russia, Russian authorities said. The drone raids marked an attempt to strike back during Moscow's renewed offensive in northeastern Ukraine, which has added to the pressure on outnumbered and outgunned Ukrainian forces as they await delayed deliveries of crucial Western weapons and ammunition. Ukraine has not commented on the attack nor claimed responsibility...
  • Putin orders missile drill as furious Kremlin warns ‘you won’t be safe in 10 Downing Street’

    05/06/2024 5:13:11 AM PDT · by marcusmaximus · 149 replies
    Mirror UK ^ | 5/6/2024 | Will Stewart
    Russian President Vladimir Putin has continued his deranged nuclear warnings to the West, warning Prime Minister Rishi Sunak that London's iconic No.10 Downing Street is on a hit list. Russian president Vladimir Putin has today ordered nuclear missile firing drills and warned not even Downing Street will be safe. He told defence minister Sergei Shoigu to prepare exercises in the near future "in order to increase the readiness of non-strategic nuclear forces to fulfil combat missions." A Russian defence minister said it would involve land, air and naval forces. A ministry spokesperson said: "A set of measures will be taken...
  • Russia is capturing its biggest swath of territory since July 2022, as Kyiv desperately awaits US weaponry

    05/02/2024 5:22:46 PM PDT · by MinorityRepublican · 91 replies
    CNN ^ | Wed May 1, 2024 | Nick Paton Walsh, Andrew Carey, Victoria Butenko, Yulia Kesaieva and Olga Voitovych
    The five-month wait before US Congress approved $61 billion in military aid to Ukraine may have caused lasting damage that will be felt on the frontlines for months to come. Russian forces have used the “artillery drought” hampering Ukraine’s defenses since December to push forward on the eastern front near Avdiivka, making the largest advance since the early months of the war. Moscow’s progress has prompted warnings from senior Ukrainian military officials of a possible threat to Kyiv’s supply lines and hubs in the east, which are now perilously close to being in range of superior Russian firepower. The bleak...