Bloomberg: US asks banks to keep doing business with some Russian firms

9:11 PM  (Updated:  July 4, 2025 12:35 am)

Russia launches large-scale missile, drone attack on Ukraine, striking residential building in Kyiv.

Russia launched waves of missile and drone attacks across Ukraine overnight on July 4, striking a residential building in Kyiv, officials reported.

11:22 PM

Russia becomes first country to recognize Afghanistan's Taliban government.

"We believe that the act of official recognition of the government of the Islamic Emirate of Afghanistan will give impetus to the development of productive bilateral cooperation between our countries in various fields," Russia's Foreign Ministry said in a statement.

10:03 PM

War update

Ukraine war latest: Putin tells Trump Russia won't back down from its war aims in Ukraine.

9:59 PM

Culture

‘Not many events like this left’ — A Ukrainian literary festival in a city falsely claimed by Russia

9:47 PM

Russian propaganda media Sputnik shuts down operations in Azerbaijan amid tensions.

"The conditions for Sputnik Azerbaijan to continue its activities in this country are not in place," Russia Today media group CEO Dmitry Kiselyov said.

8:56 PM

In landmark ruling, same-sex couple recognized as family by Ukrainian court.

Ukraine does not currently recognize same-sex marriages or partnerships, and this court ruling may serve as a critical legal milestone in expanding rights for LGBTQ families.

8:35 PM

Ukrainian bank wins $1.5 billion appeal against Russia over lost Crimea assets.

The ruling orders Russia to pay more than $1.5 billion in damages and an additional 300,000 euros ($330,000) in legal costs to Ukraine's largest state-owned bank, according to a press release.

7:40 PM  (Updated:  July 3, 2025 8:24 pm)

Putin tells Trump Russia won't back down from its war aims in Ukraine.

The hour-long conversation between the two presidents focused on Russia's war in Ukraine and the situation in the Middle East, according to Kremlin aide Yury Ushakov.

6:31 PM  (Updated:  July 3, 2025 7:43 pm)

Military aid

Ukraine scrambles to clarify extent of US military aid pause and 'whether everything will continue'

6:28 PM  (Updated:  July 3, 2025 6:59 pm)

Ukraine signs major drone co-production deal with US Swift Beat, Zelensky announces.

Ukraine signed a major deal with U.S. company Swift Beat to co-produce various types of drones, President Volodymyr Zelensky announced on July 3 during his visit to Denmark.

12:54 PM  (Updated:  July 3, 2025 6:22 pm)

Deputy commander of Russian Navy killed in Ukrainian strike in Kursk, Russian official confirms.

Major General Mikhail Gudkov also led a brigade involved in combat operations against Ukraine. His death reportedly occurred during a Ukrainian attack on a Russian command post.

11:00 AM  (Updated:  July 3, 2025 6:10 pm)

Russia targets Ukrainian conscription offices to disrupt mobilization, military spokesperson says after Poltava attack.

"We will continue to strengthen our army, train our troops, and involve more people in defense to deliver a strong response to the enemy," said Ground Forces spokesperson Vitalii Sarantsev.

4:56 PM  (Updated:  July 3, 2025 5:25 pm)

Former Russian proxy mayor reportedly killed in explosion in occupied Luhansk.

Manolis Pilavov had been wanted in Ukraine since 2015 on charges including attempting to violently overthrow the constitutional order and violating Ukraine's territorial integrity.

3:53 PM

Ukrainian Air Force officer acting as 'FSB mole' arrested, SBU says.

The alleged spy, arrested during a special operation in Lviv Oblast, was reportedly recruited through his ex-wife, a former military officer now cooperating with Russian forces in occupied Melitopol.

6:04 AM  (Updated:  July 3, 2025 2:59 pm)

'One of Russia's most critical targets' — Ukraine confirms strike on missile battery plant in Lipetsk.

The Energia plant in Yelets produces parts for ballistic and cruise missiles, as well as batteries for drones and glide bombs. The factory was previously targeted multiple times this past May.

7:04 PM  (Updated:  July 3, 2025 2:38 pm)

Iran reportedly preparing to mine Strait of Hormuz, a possible boon for Russia's Ukraine war coffers.

If the Strait were mined, Iran could block one-fifth of global oil demand and spike world energy prices — a boon for Russia's oil-dependent economy.

1:26 PM

'A powerful secondary explosion' — Ukrainian drones destroy Russian ammunition depot in Donetsk Oblast, SBU says.

Unconfirmed videos posted to social media show a fire already burning followed by a large explosion and shockwave.

7:20 PM  (Updated:  July 3, 2025 12:56 pm)

Business

As US aid to Ukraine dries up, new platform connects American investors with Ukrainian startups

12:03 PM

Russia's attacks kill 3, injure 34 across Ukraine over past day.

Ukraine's Air Force reported that Russia used 52 drones launched from several directions, including Oryol, Millerovo, and Primorsko-Akhtarsk. Air defenses destroyed 40 of them, including 22 shot down and 18 jammed electronically.

10:46 AM

US halts Ukraine-bound weapons already staged in Poland, WSJ reports.

The shipment includes over two dozen PAC-3 Patriot missiles, more than two dozen Stinger air-defense systems, Hellfire air-to-ground missiles, and over 90 AIM air-to-air missiles intended for use with Ukraine's F-16 fighter jets, according to U.S. administration and congressional officials cited by the Wall Street Journal.

10:05 AM

Poland establishes July 11 as National Day of Remembrance for Volyn massacre victims.

The law passed both houses of Poland's parliament with reportedly near-unanimous support. Lawmakers emphasized that the victims of the massacres deserve a permanent place in the nation's collective memory.

7:47 AM  (Updated:  July 3, 2025 9:55 am)

Raybird drones to be built in UK in new joint venture with Ukraine.

Skyeton Prevail Solutions, a joint venture between Ukrainian drone manufacturer Skyeton and U.K.-based defense company Prevail Solutions, will supply the British Army with Raybird drones, the two companies announced on July 2.

8:16 AM

General Staff: Russia has lost 1,023,090 troops in Ukraine since Feb. 24, 2022.

The number includes 1,000 casualties that Russian forces suffered just over the past day.

4:39 AM

Pentagon confirms pause in aid deliveries to Ukraine amid 'capability review.'

Pentagon spokesperson Sean Parnell confirmed on July 2 that some military assistance to Ukraine has been halted as the U.S. Defense Department conducts a review of foreign aid deliveries.

1:47 AM

'They're going to lose more lives' — US lawmakers voice opposition to Trump administration halting air defense shipments to Ukraine.

In a letter to U.S. President Donald Trump about the reported halt of air defense deliveries, Republican Rep. Brian Fitzpatrick, the co-chair of the Congressional Ukraine Caucus, requested an emergency briefing from the White House and Pentagon on the shipments.