Russia’s Military Budget Shrinks as War Costs Hit Kremlin’s Economic Limits

The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition.

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Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.

President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.

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Germany Woos Indian Workers Spooked by Trump’s H-1B Visa Fee

Selling the prospect of high wages and stable migration rules, Germany’s ambassador to India makes a pitch to skilled Indian workers.

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Ukrainians Are Grateful but Skeptical After Trump’s Turnabout on the War

Whereas he once pressed Ukraine to take any deal, President Trump said he now believed that the country could win. Some Ukrainians seemed not to take his position seriously.

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Tariff Uncertainty Expected to Slow Global Economic Growth This Year

President Trump’s trade war is still playing out, and the full effect will be felt heading into next year, the latest projections show.

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Novo Nordisk’s Woes Are Slimming Denmark’s Economic Growth

Because of its size, the drugmaker has an outsize effect on the country. Now, as it sheds jobs, forecasts for Denmark’s growth are falling, too.

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Nepal Uprising Is Latest Challenge to India’s Backyard Diplomacy

The overthrow of Nepal’s government is the latest in a series of uprisings among India’s neighbors, creating a political churn that complicates its ties.

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U.S. Government to Invest $75 Million in Ukraine’s Minerals

The investment will ease fears in Kyiv that Washington is pulling back from Ukraine’s war effort. It also underscores the mercantile nature of the U.S.-Ukrainian alliance under President Trump.

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Europe’s Extreme Summer Weather Could Cost It Billions

Heat waves and flooding could cost the European Union $50 billion in damage to buildings and crops as well as a loss of productivity, a new study found.

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California’s Environmental Past Confronts Economic Worries of the Present

Gov. Gavin Newsom and Democratic state lawmakers have focused on pocketbook concerns this year, seeing their party’s national losses as a reckoning.

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