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Wednesday, October 8
Ukraine’s authorities confront electronics retailers over smuggled iPhones in contraband crackdown
Ukraine’s economic crimes bureau’s new leadership brought together businesses on Oct. 8 with a clear message: the era of illicit electronics sales is over. The newly appointed head of the bureau, Oleksandr Tsyvisnky, is hoping he can curb this illegal trade, and with that, recover an estimated Hr 20 billion ($484 million) in lost revenue to the state budget caused by illegal electronics sales. Nearly 80% of iPhones sold in Ukraine are illegally imported into the country and sold not just at st
EU ambassadors approve plan to phase out Russian gas, oil by 2028, Reuters reports
The plan to phase out Russian oil and gas by January 2028 has received broad backing from most member states, though Hungary and Slovakia continue to oppose it, a source told Reuters.
Ukraine, EBRD discuss funding additional gas imports amid rising Russian strikes on energy sector
"We discussed with the EBRD the possibility of securing additional financing for gas purchases to ensure the stable passage of the 2025–2026 heating season," Ukraine's Finance Minister Serhii Marchenko said.
Russia says Trump-Putin 'strong' Ukraine peace momentum 'exhausted' as talks stall
"The strong momentum created in Anchorage toward reaching agreements has been largely exhausted due to the efforts of opponents... primarily among Europeans," Russian Deputy Foreign Minister Sergei Ryabkov said.
Taiwan ready to halt Russian naphtha purchases if EU requests, minister says
"We will respect and abide by EU and G7 norms," Taiwan's Economy Minister Kung Ming-hsin said.
Belgium-based arms maker reports mounting cases of suspicious drone sightings
European arms company Thales has raised concerns over the number of unidentified drones spotted recently over its Belgian facility, which produces 70 mm rockets, Politico reported on Oct. 8.
About Russia
The Russian Federation is the largest country in the world, with a total territory of approximately 17.1 million square kilometers (6.6 million square miles). Spanning eleven time zones across Eastern Europe and Asia, an estimated 146 million people are thought to live in Russia in 2025. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.
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