Sunday, 3 Aug 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > World > German leader says Russian economy is collapsing; Putin fires 5 more generals: Live Ukraine updates
World

German leader says Russian economy is collapsing; Putin fires 5 more generals: Live Ukraine updates

Enspirers | Editorial Board
Share
German leader says Russian economy is collapsing; Putin fires 5 more generals: Live Ukraine updates
SHARE

Russia’s economy is falling apart and “time is working against Russia” and its president, Vladimir Putin, a top German official said Thursday.

German Vice Chancellor Robert Habeck made the remarks the same day Russian officials revealed that five more generals had been fired.

Since invading Ukraine more than three months ago, Russia has secured modest gains in its battle for control of the eastern Donbas region. Income from energy sales to Europe has played a major role in funding Russia’s war, and Habeck acknowledged that Russia has been aided by historically high energy prices and Europe’s inability to completely halt purchases.

“We can only be ashamed that we haven’t yet managed to reduce this dependence more significantly,” said Habeck, who is also Germany’s economy minister. But he added that “Putin is still getting money, but he can hardly spend it” because of Western sanctions.

“Time is not working for Russia. It is working against Russia, it is working against the Russian economy,” he said. “No one wants to invest in Russia any more.”

Major developments:

►Ukraine’s soccer team won at Scotland, setting up a fixture against Wales for a spot in the World Cup tournament that begins Nov. 21 in Qatar.

►Danish Foreign Minister Jeppe Kofod said Thursday that he expects Denmark to join the European Union’s common defense on July 1. In a referendum on Wednesday, two-thirds of voters opted to abandon a 30-year-old waiver that kept the NATO member from full participation.

►Britain says it will send sophisticated medium-range rocket systems to Ukraine. The U.S. and Germany made similar pledges this week.

JOIN USA TODAY ON TELEGRAM: Find our Russia-Ukraine war channel here to receive updates to your phone.

Mourners attend the funeral June 2, 2022, of Ukrainian soldier Valentyn Zvyryk who was killed during fighting with Russian troops in the Kharkiv region.

Putin fires 5 more generals

Russian President Vladimir Putin has fired five generals and a police colonel in what state-run media outlet Pravda described as “a standard employee reshuffle procedure.” All six had been assigned to the Ministry of Internal Affairs, which is responsible for law enforcement across the nation of 145 million people.

Putin has fired several high-ranking military members amid the mixed results his troops have seen. Lt. Gen. Serhiy Kisel, a leader of the Russian Army’s failed effort to capture the northeastern city of Kharkiv was dismissed, as was Vice Adm. Igor Osipov, who led Russia’s Black Sea fleet when Ukrainian forces sank its flagship, the Moskva. 

Contributing: The Associated Press

Share This Article
Twitter Email Copy Link Print
Previous Article US task force KleptoCapture targets a man providing superyachts to Russian oligarchs, report says US task force KleptoCapture targets a man providing superyachts to Russian oligarchs, report says
Next Article Conduent Publishes 2021 Corporate Social Responsibility Report and Broadens ESG Initiatives Conduent Publishes 2021 Corporate Social Responsibility Report and Broadens ESG Initiatives

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Wordle in the present day: Reply, hints for January 18, 2025

Oh hey there! Should you're right here, it should be time for Wordle. As all…

By Enspirers | Editorial Board

Timeless Wardrobe Staples, à la NET-A-PORTER – Julia Berolzheimer

Thanks to NET-A-PORTER for sponsoring this submit. As we step into February, it’s the proper…

By Enspirers | Editorial Board

UK warship seizes advanced Iranian missiles bound for Yemen

DUBAI, United Arab Emirates (AP) — A British Royal Navy vessel seized a sophisticated shipment…

By Enspirers | Editorial Board

Hong Kong’s incoming leader John Lee to travel to Beijing

HONG KONG (AP) — Incoming Hong Kong leader John Lee will travel to Beijing on…

By Enspirers | Editorial Board

You Might Also Like

Dangerous males drawback: Gareth Ward and Mark Latham go away NSW parliament in unchartered territory
World

Dangerous males drawback: Gareth Ward and Mark Latham go away NSW parliament in unchartered territory

By Enspirers | Editorial Board
In wartime, demonstrations in Ukraine can by no means be greater than a peaceable protest
World

In wartime, demonstrations in Ukraine can by no means be greater than a peaceable protest

By Enspirers | Editorial Board
Wong criticises Israel’s conduct in Gaza in closed-door assembly with Israeli ambassador
World

Wong criticises Israel’s conduct in Gaza in closed-door assembly with Israeli ambassador

By Enspirers | Editorial Board
Maryland boy dies after being trapped in storm drain as rains drench east coast
World

Maryland boy dies after being trapped in storm drain as rains drench east coast

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?