Russia, Ukraine trade strikes targeting key infrastructure facilities

Russia and Ukraine exchanged attacks on each other's critical infrastructure including energy, transportation, communications networks, and military logistics in the past 24 hours, both sides reported on Monday.

The Russian Defense Ministry reported on Monday that Russian military groups continued to strike Ukrainian forces on multiple fronts, which targeted Ukrainian oil refineries, energy and transportation infrastructure, as well as manufacturing and storage sites for long-range drones.

The ministry said air defenses destroyed 301 Ukrainian drones overnight over its territories.

In the Donetsk region, specifically in Lyman and Kostiantynivka, Russian forces continued to advance and took control of several buildings.

In a social media post on Monday, Russia's Voronezh Governor Alexander Gusev said that the Ukrainian forces had launched missiles at the region that day, killing five people.

Gusev said that Russian air defense systems detected and destroyed several high-speed aerial targets over Voronezh Oblast on Monday, and that production facilities at a local enterprise had been damaged. In addition, the facades and windows of 10 residential buildings were damaged, and a number of vehicles were destroyed.

On Monday, Russian Satellite Communications Company reported that a Ukrainian military drone had attacked the Dubna space communications center in Moscow Oblast. Television, radio, and communications operations were not affected, and there were no casualties.

Moscow Mayor Sergei Sobyanin said 84 drones were shot down near the capital, with no casualties or damage reported.

Ukraine said Monday it had struck Russian military, communications and logistics facilities while accusing Moscow of attacking foreign-flagged merchant ships in the Black Sea and killing a crew member.

The Ukrainian General Staff said its forces hit the Dubna space communications center in the Moscow region, the Kavkaz port in the Krasnodar region, two car ferries used to supply Russian troops, a Voronezh plant producing electronics for the Iskander and Kh-101 missiles, a drone operator training ground, and a bridge.

Ukrainian officials said Russian drones struck three foreign-flagged civilian ships overnight, killing an Egyptian crew member aboard a Panama-flagged bulk carrier.

Russia, Ukraine trade strikes targeting key infrastructure facilities

China's fiscal spending exceeded 11 trillion yuan (around 1.62 trillion U.S. dollars) in the first five months, with notable increases in housing, childcare and healthcare outlays, official data showed.

Data released on Monday by the Ministry of Finance showed that China's general public budget spending reached 11.38 trillion yuan in the January-May period, up 0.8 percent year on year.

Expenditure on social security and employment, as well as housing security, all grew by more than six percent.

Healthcare spending rose 11.3 percent, driven largely by increases in childcare subsidies and government contributions to the basic medical insurance fund. "Since the start of this year, China has further stepped up its fiscal spending on investment in people. Outlays on housing support and childcare subsidies, in particular, have registered notable growth compared with last year, placing them among the fastest-rising expenditure items. The pertinence and effectiveness of government spending have continued to improve, contributing to a steady upgrade in the overall quality of fiscal performance," said Bai Yanfeng, professor of the School of Finance and Taxation of the Central University of Finance and Economics.

China's fiscal spending tops 11 trillion yuan in Jan-May