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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on April 24, 2025

    Featured image for article about Headlines

    MOSCOW (Reuters) - Russia reserves the right to use nuclear weapons in the event it faces aggression by Western countries, Moscow's top security official, Sergei Shoigu, was quoted as saying in an interview with the TASS state news agency on Thursday.

    Shoigu's comments come as U.S. President Donald Trump and Vice President JD Vance have warned that Washington could walk away from trying to negotiate a peace settlement in Ukraine if there is no progress on a deal soon.

    Since taking office in January, Trump has upended U.S. policy toward the three-year-old war, pressing Ukraine to agree to a ceasefire while easing pressure on Russia.

    Shoigu, who served for over a decade as Russia's defence minister until he moved to head its powerful security council in a government reshuffle last year, cited amendments to Moscow's nuclear doctrine approved by President Vladimir Putin last November.

    Under the new terms, Russia could consider a nuclear strike in response to a conventional attack on Russia or its ally Belarus that "created a critical threat to their sovereignty and (or) their territorial integrity."

    "...in the event of foreign states committing unfriendly actions that pose a threat to the sovereignty and territory integrity of the Russian Federation, our country considers it legitimate to take symmetric and asymmetric measures necessary to suppress such actions and prevent their recurrence," Shoigu said.

    (Reporting by Reuters; Writing by Lucy Papachristou; Editing by Mark Trevelyan and Bernadette Baum)

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