Russia will raise taxes to pay for the Ukraine war

Russian President Vladimir Putin during a meeting on development of ‘new regions’, annexed from Ukraine, at the Kremlin, June 30, 2025, in Moscow, Russia. Contributor | Getty Images Russia is set to hike taxes on businesses and consumers as the government looks for ways to support military spending while its war-focused economy creaks at the…

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FTSE 100, Stoxx 600, Trump shifts on Ukraine

European shares look poised to open lower on Wednesday, as investors react to a suggestion from Federal Reserve Chair Jerome Powell that equities are “fairly highly valued.” London’s FTSE 100 is expected to open 0.2% lower, according to IG, while the German DAX and France’s CAC 40 are slated to shed 0.3% and 0.4%, respectively….

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