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Russia to Prioritize Military Spending in 2025 Amid Escalating Ukraine War
Russia’s military budget is set to soar to unprecedented levels in 2025, with spending on national defense surpassing allocations for health care, education, and social policy combined. This strategic shift underscores Moscow’s commitment to its war efforts in Ukraine as the conflict continues into its third year.
President Vladimir Putin has approved budget plans allocating 32.5% of next year’s budget—equivalent to over €137 billion—to defense. This represents a significant increase from the reported 28.3% spent on defense in 2024. The budget was formally ratified by both chambers of Russia’s parliament in recent weeks, reflecting a unified stance on bolstering the country’s military capabilities.
The war in Ukraine, which began in February 2022, remains Europe’s largest conflict since World War II, draining resources on both sides. While Kyiv receives substantial aid from Western allies, including financial and military support, Russia continues to leverage its larger and better-equipped armed forces. Recent months have seen Russian troops steadily pushing back Ukrainian forces in the contested eastern regions.
Escalating Violence on Both Sides
The conflict remains marked by deadly exchanges, with both nations employing drone strikes in increasingly aggressive tactics. On Sunday, three civilians were killed, and seven were injured in Kherson, southern Ukraine, when a Russian drone struck a minibus, according to regional Governor Oleksandr Prokudin.
The aftermath of a missile strike on Dnipro on Saturday revealed a rising toll, with 24 injured, including seven in serious condition, and four fatalities, Dnipropetrovsk Governor Serhiy Lysak reported.
Meanwhile, Ukraine faced an onslaught of 78 Russian drones overnight into Sunday. Ukrainian officials stated that their air force destroyed 32 drones, while 45 others were electronically jammed and neutralized.
In a retaliatory strike, Ukrainian drones targeted Russian territory, resulting in the death of a child in the Bryansk region near the border, according to Governor Alexander Bogomaz. The Russian Defense Ministry claimed to have intercepted 29 Ukrainian drones in four western regions, including Bryansk, Kaluga, Smolensk, and Kursk.
Economic and Strategic Implications
The record-breaking military budget highlights the strain the conflict places on Russia’s economy, as spending on domestic welfare programs diminishes. Analysts suggest the increased defense spending reflects Moscow’s aim to maintain its strategic advantage over Ukraine while preparing for a protracted conflict.
With no immediate end to the war in sight, the intensified focus on military spending signals Russia’s prioritization of its geopolitical objectives, even at significant domestic cost. As the conflict drags on, the global community remains watchful of its far-reaching consequences.
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Two Arrested After Scaling Empire State Building Antenna and Displaying Peace Banner
Two people were arrested on Wednesday after climbing the antenna of New York City’s Empire State Building and displaying a banner carrying a message promoting peace, prompting questions about how they gained access to one of the city’s most heavily secured landmarks.
The climbers, dressed in black and wearing face coverings, reached the narrow upper section of the skyscraper’s antenna, which extends the building’s height to 443 metres above Midtown Manhattan. Television news helicopters captured the pair standing on a narrow ledge, where they appeared to embrace and kiss while a banner fluttered in the wind.
The banner displayed the message: “When the power of love beats the love of power the world knows peace.”
Shortly after 12:30 p.m., the pair began descending from the antenna, carefully making their way through the metal framework to a wider platform. Video footage showed one individual appearing to set up a small electronic device before kneeling, while the other later took photographs resembling engagement-style selfies. The two embraced again before continuing their descent.
Police officers took both individuals into custody shortly after 1 p.m. Authorities did not immediately release their identities or provide details about the charges they may face. Police confirmed that no injuries were reported during the incident.
The unusual stunt drew the attention of pedestrians and office workers nearby, many of whom gathered outside the landmark to watch the unfolding scene.
Jonathan Roman, a tourist visiting New York from Glasgow, Scotland, said he and his teenage son had planned to visit one of the building’s observation decks but found access temporarily restricted because of the incident.
“It’s crazy, it’s like being in the movies,” Roman said, adding that witnessing the dramatic climb turned out to be an unexpected attraction.
The incident also raised concerns among employees working inside the Empire State Building, where visitors undergo security screening before entering. Building regulations prohibit guests from bringing large packages, sports equipment, costumes and masks, among other restricted items.
Jessica Kaplan, who works in an office located inside the skyscraper, expressed surprise that the pair had managed to reach the antenna despite the building’s extensive security measures.
Building management described the climb as an unauthorized act and said the incident did not pose a danger to occupants or visitors. Officials did not immediately explain how the climbers accessed the antenna or whether they had encountered security personnel before reaching the restricted area.
The Empire State Building has attracted daredevils on several occasions over the years. Most climbs have been carried out without authorization, although actor and musician Jared Leto was granted permission in 2023 to climb to the base of the antenna from the building’s 86th floor as part of a promotional event for a concert tour.
Authorities are continuing to investigate how Wednesday’s climbers reached the restricted section of the iconic skyscraper.
News
Eurobarometer Survey Shows Rising Cost of Living Fuels Economic Pessimism Across EU
A growing number of Europeans expect their standard of living to decline over the next five years as rising prices and the cost of living remain the biggest concerns across the European Union, according to the latest Eurobarometer survey released on Tuesday.
The poll, which gathered responses from more than 26,000 people across all EU member states, found that 29% of respondents believe their personal standard of living will worsen during the next five years. Only 18% expect their financial situation to improve, highlighting increasing uncertainty about the economic outlook.
The survey also revealed significant differences between age groups. Economic pessimism was highest among people aged 55 and older, with 34% expecting their living standards to decline. Among younger respondents, only 17% shared the same outlook.
Views also varied considerably across member states. Western European countries generally recorded higher levels of concern than nations in Central and Eastern Europe.
France reported the highest level of pessimism, with 44% of respondents expecting their financial circumstances to deteriorate. Portugal, Germany and Austria also recorded relatively high levels of concern.
By contrast, respondents in several Central and Eastern European countries expressed greater confidence about the future. Only 9% of people surveyed in Poland expected their living standards to worsen, while Hungary recorded the lowest level of economic pessimism in the bloc at 8%.
The survey also pointed to differences in public attitudes toward the European Union.
Across the bloc, half of respondents said they held a positive view of the EU, while 17% expressed a negative opinion. However, support for the union was weaker in countries including France, Austria, Greece and the Czech Republic.
France and Austria also ranked among the least convinced that EU membership has benefited their countries. Only 62% of respondents in both nations believed membership had produced a positive overall outcome. Bulgaria recorded the lowest figure, with 57% expressing that view.
A European Parliament official familiar with the findings said economic uncertainty and persistent inflation may be influencing public perceptions of the EU in some member states, where political parties critical of the bloc have gained support in recent years.
The survey found that inflation, rising prices and the cost of living have become the dominant issues Europeans want the European Parliament to address. Nearly half of respondents, or 47%, identified these as their top priority, an increase of six percentage points from the previous survey.
Economic growth and job creation ranked second among voters’ concerns, followed by defence and security as Europe continues to respond to geopolitical tensions.
Looking back over the past year, 27% of respondents said their quality of life had deteriorated, while 62% reported no significant change. Only 11% believed their living standards had improved.
The findings suggest that although economic conditions differ across the EU, concerns over household finances and inflation remain central issues shaping public opinion and expectations for the years ahead.
News
Iran Prepares Six-Day State Funeral for Ayatollah Ali Khamenei Amid Delicate US Talks
The funeral comes nearly four months after Khamenei was killed in the opening US-Israeli strikes on February 28. Iranian authorities delayed the burial because of the conflict, the subsequent ceasefire and ongoing diplomatic efforts with the United States. Officials said the ceremonies will now take place during a period of relative calm as negotiations continue over the Strait of Hormuz, Iran’s nuclear programme and sanctions.
Khamenei served as Iran’s supreme leader for 37 years after succeeding Ayatollah Ruhollah Khomeini in 1989. Before assuming the country’s highest political and religious office, he served as Iran’s president from 1981 to 1989.
The funeral ceremonies will begin on Saturday and Sunday at Tehran’s Mosalla prayer complex, a venue traditionally used for major national religious gatherings and state commemorations.
The main funeral procession is scheduled for Monday, following a 10-kilometre route from Imam Hossein Square to Azadi Square. Tehran Mayor Alireza Zakani has said around 20 million people are expected to participate, which would make it the largest public gathering in the capital’s history.
Following the Tehran events, the procession will move to the holy city of Qom on July 7 before continuing to Iraq for ceremonies in Najaf and Karbala, home to some of Shiite Islam’s most sacred shrines. The final burial will take place in Mashhad, Khamenei’s birthplace and the location of the shrine of Imam Reza. Authorities estimate that between eight and ten million mourners could attend the burial ceremony there.
Security preparations are extensive. The Basij volunteer force is coordinating logistics, while the Islamic Revolutionary Guard Corps has been assigned responsibility for crowd control and security. Schools, mosques, sports halls and universities will provide temporary accommodation for visitors, highways will serve as parking areas and access to major cities is expected to be tightly controlled. Domestic flights may also face disruptions during the ceremonies.
Pakistan has confirmed that President Asif Ali Zardari and Prime Minister Shehbaz Sharif will send an official delegation to attend the funeral. It remains unclear which senior officials from Gulf Arab states, Russia and China will participate.
Questions also remain over whether Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, will appear in public during the ceremonies. He has not been seen publicly since assuming the position following his father’s death, while media reports have claimed he was injured during the conflict. Iranian authorities have not commented on those reports.
The funeral takes place as Iran and the United States continue negotiations under a memorandum of understanding signed on June 17. Talks remain focused on Iran’s nuclear programme, sanctions relief and maritime security in the Strait of Hormuz, with another round of discussions expected in Doha in the coming days.
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