Free Republic

S&P Global (NYSE:SPGI) Ratings has downgraded Ukraine’s issue rating on its GDP-linked securities to ’D’ from ’CC’, following the country’s failure to make a $0.67 billion payment due on June 2, 2025. The agency does not anticipate the payment to be fulfilled within the securities’ ten business day grace period, due to the government’s moratorium on payments for this bond unless it is restructured….

The war between Russia and Ukraine is intensifying, growing more violent and escalating rather than moving toward peace. A recent Ukrainian drone strike deep inside Russia damaged bomber bases, but this has provoked a major retaliatory response: Russia launched over 400 drones and missiles, overwhelming Ukraine’s air defenses. Many of these were advanced Iranian-made drones now upgraded by Russia, making them harder to intercept. Ukrainian forces reportedly intercepted only about half the attacks, and even Patriot systems were either ineffective or destroyed. Footage shows multiple successful Russian missile strikes on Ukrainian infrastructure, with minimal air defense response in cities like...

Is America giving up on peace in Eastern Europe and preparing for military action in the Middle East? The Trump administration is diverting anti-drone weaponry that was initially allocated for Ukraine to U.S. Air Force units in the Middle East, according to a Wall Street Journal exclusive. “The Pentagon quietly notified Congress last week that special fuzes for rockets that Ukraine uses to shoot down Russian drones are now being allocated to U.S. Air Force units in the Middle East,” the Journal reported Wednesday.What the Journal didn’t mention is that Russia has received thousands of drones from Iran, which is...

Massive security breach reveals over two million sensitive documents exposing Russia’s entire nuclear weapons modernization plan and underground tunnels.A catastrophic security breach has exposed Russia’s nuclear weapons infrastructure blueprints, revealing extensive modernization and expansion efforts at multiple strategic missile sites.Over two million sensitive documents containing architectural plans, security system details, and internal layouts of nuclear facilities were discovered in publicly accessible databases.The leaked information includes details of the Avangard hypersonic missile system sites and underground tunnels, representing what experts call “a huge breach of security.” • • Western materials from companies like Knauf were used in modernizing Soviet-era nuclear facilities,...

Ukrainian forces struck multiple Russian airfields and military facilities overnight on June 6, hours before Russia launched one of its heaviest aerial assaults of the war, the General Staff of Ukraine's Armed Forces reported. Ukrainian strikes reportedly targeted Engels and Dyagilevo airfields — two key hubs for Russia's long-range bomber fleet, as well as logistics sites in Russia's Kursk Oblast. -snip- Engels-2 air base, located in Saratov Oblast, nearly 600 kilometers (370 miles) from Ukraine's front lines, hosts Russia's Tu-95, Tu-22M3, and Tu-160 bombers — aircraft regularly used in missile attacks on Ukrainian cities. Ukraine's General Staff said a strike...

A meeting between Russian and Ukrainian delegations in Istanbul aimed at paving the way for a potential ceasefire is expected to take place at 10:00 GMT, or 1 p.m. local time, at the Ciragan Palace, a Turkish Foreign Ministry source said on Sunday. Ukraine's delegation to a second round of peace talks will include its defense minister, deputy foreign minister, as well as several military and intelligence officials, according to an executive order by President Volodymyr Zelensky published on Sunday.

FOUR Russian airfields housing Putin's nuke bombers have reportedly been blitzed in an extraordinary drone strike - wiping out at least 40 aircraft. Ukrainian drones - reportedly launched from lorries inside Russia - targeted airbases in Belaya, Diaghilevo, Olenya and Ivanovo as part of a daring operation codenamed "Spiderweb".