World News

Ukraine racks up wins against Russia in the Black Sea on January 7, 2024 at 11:00 am

Published

2 years ago

January 7, 2024

In the Black Sea, Ukraine forced the Russian fleet to retreat from the historic headquarters of Sevastopol in Crimea after hitting ships and key buildings repeatedly with drones and missiles. That was a personal blow to Russian President Vladimir Putin, who lauded the Russian annexation of Crimea in 2014.

The maritime success also opened a corridor for Ukraine to move grain shipments in defiance of Russia’s decision last summer to cancel an export deal, an economic and symbolic victory in the war.

“Ukraine won in the Black Sea,” Ukrainian President Volodymyr Zelensky said during a trip to Washington last month.

Zelensky has made the Black Sea victories a central part of his pitch to Western allies and supporters in the past couple of months — a sign of Ukrainian strength after the ground counteroffensive launched in June largely failed, delivering a stalemate on the frontlines of eastern Ukraine.

“This is huge,” said Olga Lautman, nonresident senior fellow at the Center for European Policy Analysis. “They literally shifted the balance in the Black Sea. … Besides practically reopening the Black Sea, they’ve taken out Russia’s navy and pushed them out for the most part. And the attacks continue.”

Ukraine has maintained an edge in the waters of the Black Sea since the war began in February 2022 — and Kyiv does not have a naval force, let alone one the size of the Russian fleet.

In the early days of the war, Ukraine secured its hold on Odesa, a Black Sea port city in southern Ukraine, and sunk the Russian flagship the Moskva.

Ukrainian troops also liberated Snake Island, where defiant Ukrainian troops emerged famous for cursing at a Russian warship, in spring 2022.

In August, Ukraine stepped up attacks on the Black Sea fleet in Sevastopol, a hub for the Russian navy since Moscow annexed Crimea, but which has historical importance for Russia going back to the 1700s.

In September, one strike damaged the headquarters of the Russian navy in Sevastopol. That month also saw Ukrainian special forces retake oil platforms in the Black Sea from Russia years after Moscow first seized them.

For the next two months, Ukraine kept assaulting Russian ships, leading to a full Russian naval retreat from Sevastopol and western Crimea.

After the fall attacks, Zelensky hailed Ukrainian forces for “pushing the Russian navy out to the eastern part of the Black Sea,” saying they “totally changed” the situation in the maritime domain.

“Russia can no longer use our sea to expand its aggression to other parts of the world,”

Zelensky said in an Oct. 31 address, “Ukraine’s success in the battle for the Black Sea will go down in history books, although it’s not being discussed much today.”

Ukraine has continued to hammer the Russian navy. A late December air attack hit an amphibious landing ship in the city of Feodosia in eastern Crimea, a strategic strike since the target carried drones and ammunition. It also took out a lander that can carry more than 200 troops.

Overall, U.K. Secretary of State for Defense Grant Shapps said Ukraine has managed to wipe out 20 percent of Russia’s navy.

“Russia’s dominance in the Black Sea is now challenged,” he wrote on X, formerly Twitter. “Those who believe there’s a stalemate in the Ukraine war are wrong!”

Ukraine’s economy is also boosted by the Black Sea developments.

For most of the war, Putin had allowed Ukrainian grain to ship to the rest of the world through a United Nations agreement. But he canceled that agreement over the summer.

Ukraine responded with a vow to ship grain through a humanitarian corridor anyhow, which was eventually enabled by the Black Sea military victories.

Oleksiy Goncharenko, a member of the Ukrainian parliament, said Ukraine has sent more than 200 ships with seven million tons of cargo by early December, which he called a “very welcome boost” to the economy.

Goncharenko said the victories in the Black Sea were on par with Ukraine’s counteroffensive in late 2022 that liberated the Kherson and Kharkiv regions from Russian control.

“In addition to forcing Putin’s fleet to retreat, Ukraine’s attacks on Russian-occupied Crimea have also significantly weakened the logistical networks that are essential for the resupply of the Russian army in southern Ukraine,” Goncharenko wrote for the Atlantic Council.

Ukraine has managed to defeat a large Russian naval force through a savvy use of drones and missiles.

British Storm Shadow long-range missiles, provided in early 2023 to Ukraine, enabled destructive strikes, while the Ukrainians wielded small drone boats for more covert operations.

Matthew Schmidt, associate professor of national security and political science at the University of New Haven, said the attacks also indicate Ukraine has “really good intelligence inside the Russian military,” pointing to the late December strike taking out Russian drones that could have been used to strike Ukraine.

“That’s a big deal,” he said. “But overall, the Black Sea Fleet isn’t that strategically important. So that’s why I think that the real effects here are psychological.”

While battleground gains typically earn more recognition, naval supremacy is one of the most important factors in war, said Tomasz Blusiewicz, a research fellow at the Hoover Institution.

He explained defeating Russia’s naval blockade and crippling its naval power threatens logistics and supply lines, which could weaken Moscow’s military strength in the long term.

“Since Russia is not able to [blockade Ukraine] successfully, it goes to show that it doesn’t have this technological supremacy that will allow them to blockade Ukraine indefinitely,” he said, arguing it also shows Russia is “not a superpower.”

And Russia is no longer able to launch cruise missiles from ships from Sevastopol and the western parts of the Black Sea.

“It’s important because one less area, one less direction from which the rockets are flying in,” said Blusiewicz, “the easier it is for the Ukraine missile defense to track these missiles and shut them down.”

Ukraine’s counteroffensive did not go as planned, but 2023 was not entirely a loss in its war against Russia. Kyiv scored a major victory last year in the sea while global attention was focused on ground movements. In the Black Sea, Ukraine forced the Russian fleet to retreat from the historic headquarters of Sevastopol in…

Business

GLOBAL SUSTAINABILITY SUMMIT RETURNS FOR ITS 5TH EDITION AT THE BRITISH PARLIAMENT – HOUSE OF LORDS, PALACE OF WESTMINSTER

Published

1 week ago

May 16, 2026

Bolanle Media Staff

FOR IMMEDIATE RELEASE

Theme: “People, Planet, and Profit in the Age of AI and Innovation”

London, United Kingdom — The Global Sustainability Summit (GSS) is officially back for its landmark 5th Edition, continuing its legacy as one of the leading international platforms driving sustainable development, climate action, ethical investment, innovation, and global collaboration.

Convened annually at the prestigious British Parliament, House of Lords, Palace of Westminster, by Ambassador Canon Chinenem Otto, the Summit has, over the last four years, successfully fostered international dialogue and partnerships that have contributed to the advancement of global sustainability goals, the establishment of sustainability-focused ministries, departments and policy structures across national and subnational governments, and the attraction of major investors into sustainable development projects, corporations and emerging economies.

This year’s summit, themed “People, Planet, and Profit in the Age of AI and Innovation,” will explore how emerging technologies, responsible leadership, sustainable finance, innovation, and global partnerships can shape a more inclusive, resilient and environmentally conscious future.

The 5th Edition promises to be the most impactful yet, bringing together world leaders, policymakers, diplomats, investors, academics, innovators, climate experts and youth leaders from across the globe to discuss actionable solutions toward achieving a sustainable and equitable future.

Among the distinguished speakers, delegates and honorees already lined up for the Summit are:

• His Excellency Mallam AbdulRahman AbdulRazaq — Executive Governor of Kwara State, Nigeria and Chairman of the Nigeria Governors’ Forum

• His Excellency Senator Prince Bassey Otu — Executive Governor of Cross River State, Nigeria

• Ambassador Patricia Espinosa Cantellano — Former Executive Secretary of UN Climate Change (UNFCCC) and Former Foreign Minister of Mexico

• Lord Marvin Rees, Baron Rees of Easton OBE — Member of the House of Lords, United Kingdom

• Hon. Neema K. Lugangira — Secretary-General of Women Political Leaders (WPL), Brussels and Former Member of Parliament

• Her Excellency Dr. Netumbo Nandi-Ndaitwah — President of the Republic of Namibia

• His Excellency Nangolo Mbumba — Former President of Namibia

• Former President of Tanzania

• Her Excellency Ambassador Professor Olufolake AbdulRazaq — First Lady of Kwara State, Nigeria and Chairperson of Nigeria Governors’ Spouses Forum

• Your Excellency Dr. Dikko Umar Radda, PhD, CON — Executive Governor of Katsina State and Chairman of the Northwest Governors Forum, Nigeria

• Hon. Sam Shafiishuna Nujoma — Governor of Khomas Region, Namibia

• H.E. Mr. Veiccoh Nghiwete — High Commissioner of the Republic of Namibia to the United Kingdom

• Her Excellency Ms. Macenje “Che Che” Mazoka — High Commissioner of Zambia to the United Kingdom

• Ms. Danielle Newman — Partner Lead, ICT, World Economic Forum

• Leanne Elliott Young — Co-founder, Institute of Digital Fashion & CommuneEast

• Ms. Chloe Russell — Producer & Presenter, Art, Science and Nature

• Professor Marie-Claire Cordonier Segger — University of Cambridge & University of Waterloo

• Dr. Alexandra R. Harrington — IUCN World Commission on Environmental Law (WCEL)

• Professor Payam Akhavan — Massey College, University of Toronto

• Mr. Mallai C. E. Sathya — President, Dravida Vetri Kazhagam and International Movement for Tamil Culture Asia

The Summit will feature high-level panel discussions, strategic investment conversations, sustainability awards, policy dialogues, innovation showcases, youth engagement sessions and international networking opportunities focused on climate resilience, ethical financing, food-water-energy sustainability, circular economy, artificial intelligence, diplomacy and sustainable development.

Speaking ahead of the Summit, Convener Ambassador Canon Chinenem Otto noted:

“As the world rapidly evolves through artificial intelligence and technological innovation, we must ensure that sustainability remains people-centered, environmentally responsible and economically inclusive. The Global Sustainability Summit continues to serve as a bridge connecting governments, institutions, innovators and investors to accelerate practical sustainability solutions globally. Our fifth edition is not only a celebration of progress made over the years, but also a renewed call for global collaboration and actionable impact toward achieving the Sustainable Development Goals and Net Zero ambitions.”

The Global Sustainability Summit continues to position itself as a catalyst for transformative partnerships and sustainable global progress, reinforcing the urgent need for collective action toward a more resilient and sustainable future.

More announcements regarding additional speakers, partners and summit activities will be unveiled in the coming weeks.

News

US May Completely Cut Income Tax Due to Tariff Revenue

Published

6 months ago

November 30, 2025

Bolanle Media Staff

President Donald Trump says the United States might one day get rid of federal income tax because of money the government collects from tariffs on imported goods. Tariffs are extra taxes the U.S. puts on products that come from other countries.

What Trump Is Saying

Trump has said that tariff money could become so large that it might allow the government to cut income taxes “almost completely.” He has also talked about possibly phasing out income tax over the next few years if tariff money keeps going up.

How Taxes Work Now

Right now, the federal government gets much more money from income taxes than from tariffs. Income taxes bring in trillions of dollars each year, while tariffs bring in only a small part of that total. Because of this gap, experts say tariffs would need to grow by many times to replace income tax money.

Questions From Experts

Many economists and tax experts doubt that tariffs alone could pay for the whole federal budget. They warn that very high tariffs could make many imported goods more expensive for shoppers in the United States. This could hit lower- and middle‑income families hardest, because they spend a big share of their money on everyday items.

What Congress Must Do

The president can change some tariffs, but only Congress can change or end the federal income tax. That means any real plan to remove income tax would need new laws passed by both the House of Representatives and the Senate. So far, there is no detailed law or full budget plan on this idea.

What It Means Right Now

For now, Trump’s comments are a proposal, not a change in the law. People and businesses still have to pay federal income tax under the current rules. The debate over using tariffs instead of income taxes is likely to continue among lawmakers, experts, and voters.

News

Epstein Files to Be Declassified After Trump Order

Published

6 months ago

November 20, 2025

Bolanle Media Staff

Former President Donald Trump has signed an executive order directing federal agencies to declassify all government files related to Jeffrey Epstein, the disgraced financier whose death in 2019 continues to fuel controversy and speculation.

The order, signed Wednesday at Trump’s Mar-a-Lago estate, instructs the FBI, Department of Justice, and intelligence agencies to release documents detailing Epstein’s network, finances, and alleged connections to high-profile figures. Trump described the move as “a step toward transparency and public trust,” promising that no names would be shielded from scrutiny.

“This information belongs to the American people,” Trump said in a televised statement. “For too long, powerful interests have tried to bury the truth. That ends now.”

U.S. intelligence officials confirmed that preparations for the release are already underway. According to sources familiar with the process, the first batch of documents is expected to be made public within the next 30 days, with additional releases scheduled over several months.

Reactions poured in across the political spectrum. Supporters praised the decision as a bold act of accountability, while critics alleged it was politically motivated, timed to draw attention during a volatile election season. Civil rights advocates, meanwhile, emphasized caution, warning that some records could expose private victims or ongoing legal matters.

The Epstein case, which implicated figures in politics, business, and entertainment, remains one of the most talked-about scandals of the past decade. Epstein’s connections to influential individuals—including politicians, royals, and executives—have long sparked speculation about the extent of his operations and who may have been involved.

Former federal prosecutor Lauren Fields said the release could mark a turning point in public discourse surrounding government transparency. “Regardless of political stance, this declassification has the potential to reshape how Americans view power and accountability,” Fields noted.

Officials say redactions may still occur to protect sensitive intelligence or personal information, but the intent is a near-complete disclosure. For years, critics of the government’s handling of Epstein’s case have accused agencies of concealing evidence or shielding elites from exposure. Trump’s order promises to change that narrative.

As anticipation builds, journalists, legal analysts, and online commentators are preparing for what could be one of the most consequential information releases in recent history.