Ukraine

China is comfortably settling into the Russian electronics market, as their smartphones, tablets, computers, home appliances, and more are actively filling the market space vacated by Western companies.

Europe faces a growing risk of recession due to rising oil and gas prices amid fears that Russia could cut off supplies altogether, economists have warned, cited by the Guardian.

If we look at history, there are not many cases in which relations between Bulgaria and Russia at the state level were as bad as they are at the moment.

The war in Ukraine and the wider conflict between the West and Russia have led to a situation unprecedented in the last 30 years, in which Moscow and Sofia are on the verge of severing diplomatic relations.

"Germany is one of the countries doing the most to provide military aid to war-torn Ukraine", Chancellor Olaf Scholz said, while justifying delays in arms deliveries to Kyiv.

Turkish inflation rose year-on-year in June to a 23-year high of 78.62%, its acceleration for the 13th consecutive month boosted by the weakness of the local currency (the Turkish lira) and the negative effects of Russia's military invasion of Ukraine, which are expressed in a continued strong increase in the prices of raw materials.

Head of State Rumen Radev sent a congratulatory address to US President Joe Biden on the occasion of Independence Day - July 4.

Defense and security analyst Michael Clark commented on the fall of Lysychansk into Russian hands and the consequences it will have on the development of the situation in Ukraine.

Here are the highlights of events related to the war in Ukraine over the past 24 hours:

The loss of Lysychansk

Ukraine has acknowledged that its military has withdrawn from the Donbas city of Lysychansk. President Volodymyr Zelensky promised that control over the area would be restored.

The four countries of the bloc - Poland, Hungary, Czech Republic and Slovakia - have never developed a common foreign policy in the 31 years of the existence of the bloc, which emerged in 1991 to help facilitate the region's accession to NATO and the EU. Instead, especially at the EU level, they have tried to coordinate their positions on various EU-related matters.

The Ukrainian army retreated from the strategic city of Lysychansk on July 3, as Russia claimed a major victory by seizing control of the entire eastern Lugansk region.

The Ukrainian withdrawal followed weeks of fierce fighting and marked a decisive breakthrough for Moscow's forces more than four months after their invasion and after turning their focus away from the capital Kyiv.