In May, it was reported that Russia spent 5 trillion rubles on its invasion of Ukraine, or three percent of its GDP. As the war has grinded on, and as sanctions continue to bite Moscow, the ruble has now reached new lows in the global currency market.
Lithuania has earned the wrath of Russian authorities after it enforced a transit ban on goods to Kaliningrad, a move that upholds European Union sanctions on Moscow. On the other hand, Russian officials called the move "illegal" and said they would respond accordingly.
North Korean Leader Kim Jong Un assembled the top military officials of the state to discuss assigning more duties to frontline army troops, according to a government-run news outlet.
Germany is facing a greater risk of a recession amid the Russian oil crisis brought by Western sanctions over Moscow's invasion of Ukraine. The situation has forced authorities to restart coal power plants in an attempt to reduce gas consumption in preparation for the winter season.