City Moscow Financial News
06.04 / 04:03
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Explosions as Kyiv under missile attack
Vitali Klitschko said the city was under missile attack on Sunday with explosions in the Ukrainian capital, two days after a Russian missile killed 18 people in President Volodymyr Zelensky's hometown. Klitschko said paramedics had been sent to two districts in Kyiv, while the Ukrainian air force said missiles had entered the northern Chernihiv region. «Explosions in the capital. Air defence is in operation,» Klitschko said on Telegram. «The missile attack on Kyiv continues. Stay in shelters!» He added that three people were injured so far, and said there was reported wreckage falling in two non-residential sites.
19.05 / 04:39
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Inside
Russia’s war is going badly—on the ground and in the air
Subscribe to enjoy similar stories.KYIV—Ukraine’s military has wrestled Russia’s much-larger army almost to a halt in recent months, having gained a tactical and technological edge.This summer will test whether it can turn that slender advantage into a strategic turning point.Fast-improving Ukrainian drone capabilities are hurting the invaders’ logistics behind the battlefield, and pounding oil infrastructure and military targets deeper inside Russia.“We are not only holding the line, but we are also increasing pressure,” Ukrainian Defense Minister Mykhailo Fedorov said in April. Russia’s monthly casualties now exceed its army recruitment, he said.
19.05 / 04:39
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Xi Jinping is now the world leader he wanted to be, but it has come at a cost
Subscribe to enjoy similar stories.The arrival Tuesday of Russian President Vladimir Putin in Beijing will mark a watershed moment for Chinese leader Xi Jinping, one that he has pursued since taking power in 2012—and bet his country’s future to achieve.Welcoming Moscow’s ruler just days after President Trump’s motorcade swept out of the Chinese capital represents, for Xi, a vindication of 14 years of relentless economic competition with the U.S. and his strategic embrace of the Kremlin through the Ukraine war.
07.05 / 12:45
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Putin’s Strongman Image Is Fading as Ukraine Brings War Home to Russia
Subscribe to enjoy similar stories.Ever since coming to power more than a quarter-century ago, Russian President Vladimir Putin built a new state religion around May 9, the anniversary of the Soviet victory over Nazi Germany and the holiest day in the Russian calendar.On Saturday, Putin will for the first time preside over a Victory Day parade held as his war on Ukraine has exceeded the length of the Soviet Union’s war on the Nazis.He has no victories to celebrate. Persistent Ukrainian drone strikes across Russia, including on the capital, have forced Putin to ask for a cease-fire for the duration of the festivities.
25.04 / 05:37
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Fighting
Election
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Ukraine is Europe’s war now
Subscribe to enjoy similar stories.The fight against Russia in Ukraine is now firmly Europe’s war.The European Union this week signed off on the equivalent of $105 billion in loans to keep Kyiv afloat through the end of next year—but officials warned that it may not be enough.With Russia determined to continue its four-year invasion until it dominates its neighbor, and President Trump pulling back from Europe and focused on the Middle East, Ukraine finds itself reliant on the traditionally gun-shy EU in its war for survival.The confirmation of the loan ahead of a summit in Cyprus on Thursday, long blocked by recently ousted Hungarian Prime Minister Viktor Orbán, marked a fresh sign of resolve and unity in the bloc.“For the first time in years there are no Russians in the room,” Polish Prime Minister Donald Tusk wrote on social media, an apparent reference to Orbán, who had warm ties with Moscow but stayed away from the EU summit after recently losing an election. “Huge relief,” Tusk added.The funding decision, which Orban cleared this week following his election defeat, comes at a critical moment for Ukraine, which needs the cash to sustain its economy and its military amid relentless Russian assaults as Moscow seeks to grab more land in its neighbor’s east.
24.03 / 10:29
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Lessons from Ukraine and Iran: Modern warfare is proving more complex and unpredictable than we imagined
The juxtaposition of the Russia-Ukraine war and unfolding US-Israel-Iran war offers a compelling window to the evolving character of contemporary warfare. One is a protracted, grinding contest of endurance; the other, a sharp demonstration of rapid, multi-domain coercion. Yet, taken together, they underline a common truth: technological change has not simplified war, it has made it more complex, more diffuse and less predictable.
19.03 / 10:13
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Updates
Russia’s shadow-fleet kingpin is back in business
. Eyyub was pitted against a trader from Pakistan, Murtaza Lakhani, according to people familiar with their operations.As Eyyub, Lakhani and a few other traders competed, the price of Russian oil recovered. Rosneft’s crude found new buyers, particularly in India.But Eyyub muscled out his rivals.
01.03 / 10:37
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peace
Ukraine-Russia War: A peace formula will need to balance Russia’s great-power prestige with Ukraine’s sovereignty
On 24 February 2022, Russian forces crossed into Ukraine with the objective of demilitarizing the country and deterring Kyiv from joining the North Atlantic Treaty Organization. Russian strategic planners expected a Ukrainian collapse within a fortnight. Four years on, Moscow has yet to achieve its core wartime objectives of gaining complete control over the regions of Donetsk, Luhansk, Kherson and Zaporizhzhia.
23.02 / 01:19
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wellness
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Under Trump pressure, Iran finds its friends are of little help
Subscribe to enjoy similar stories. Iran has sought for years to build closer military ties with China and Russia, but its powerful friends are proving reluctant to step forward as the regime faces the most acute U.S. threat to its survival in decades.
14.02 / 01:59
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The week in charts: FPIs are back, net zero investment gap, rewiring crude purchases
Subscribe to enjoy similar stories. From foreign portfolio investments (FPI) making a come back to India in February after the trade deal framework with the US, to India already diversifying its crude oil import sources, Niti Aayog flagging the projected gap in investments to achieve the net-zero carbon emission target by 2070, and easing unemployment in India—here’s a compilation of this week’s news in numbers.Inflows return February is turning out to be a positive month for foreign portfolio investments (FPIs) in Indian equities as the country saw ₹18,771 crore worth of inflows until 12 February. This follows a sombre period of consistent outflows, with FPIs pulling out ₹62,000 crore in the previous three months.
14.02 / 01:59
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Saudi Arabia India’s top oil supplier in Feb as Russian flows recede after US trade deal
Subscribe to enjoy similar stories. New Delhi: Saudi Arabia has surpassed Russia as India’s top oil supplier so far this month after a price cut, signalling New Delhi’s effort to reduce imports from Moscow after its trade pact with the US. Saudi Arabia shipped 1.13 million barrels per day (bpd) in the first 10 days of February compared to 1.09 million bpd by Russia, according to data from global ship tracking firm Kpler.
27.01 / 11:11
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Here in one Kyiv apartment building, they are freezing—but not giving up
Subscribe to enjoy similar stories. KYIV, Ukraine—Iryna Tkhoryk knew things were really bad in her cozy, three-room apartment here when frost formed on the inside handle of her balcony door, and she could see her own breath. The 60-year-old pet-store manager now walks around swaddled in several layers topped by a long pink hoodie, wearing four pairs of socks and a hot-water bottle around her neck to cope with temperatures that are at best around 50 degrees Fahrenheit inside and 10 degrees outside.
20.01 / 15:19
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Greenland rift makes NATO vulnerable to Russia, says senior German general
Subscribe to enjoy similar stories. BERLIN—The rift between the U.S. and Europe over Greenland is making the trans-Atlantic alliance vulnerable to a Russian attack on NATO territory, one of Germany’s highest ranking officers warned.
12.01 / 02:55
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International
Russian flags proliferate over shadow fleet of oil tankers
Subscribe to enjoy similar stories. With five oil tankers seized—and more U.S. military action promised—the world’s fleet of so-called shadow tankers that ferry sanctioned crude are quickly hoisting a new flag: the Russian tricolor.
12.01 / 01:31
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The US could make 2026 even worse for Putin than 2025
Subscribe to enjoy similar stories. The year has started badly for Vladimir Putin. As of Sunday, the war in Ukraine has lasted as long as the Great Patriotic War, as Moscow refers to the Soviet involvement in World War II: 1,418 days.
05.01 / 10:21
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President
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Updates
Rising tensions around Taiwan, with the US, China and North Korea all involved, point to a stormy 2026 for East Asia
This is the season when columnists turn to prophecy and then congratulate themselves a year later for getting some of it right. I’m afraid I am about to join the club. As I predicted at the end of last year, Asia in 2025 revolved around three main forces: the blossoming bromance between US President Donald Trump and China’s Xi Jinping, rising pressure on Taiwan, and a newly emboldened Kim Jong Un drawing closer to both Moscow and Beijing.These dynamics will only get more obvious in 2026.
22.12 / 11:29
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security
Death
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Returning Russian POWs pay heavy price for choosing surrender over death
Subscribe to enjoy similar stories. When a self-described patriotic, middle-aged Russian soldier was released from a prisoner-of-war camp in Ukraine earlier this year, he called his family to tell them he was alive, free and back on Russian soil. As the phone was passed around, he told them he might be back in time for his son’s birthday in a few weeks’ time.
15.12 / 02:19
Provident
security
President
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peace
US and Ukraine try to break impasse over peace deal with Russia
Subscribe to enjoy similar stories. President Trump’s top envoys launched two days of meetings with Ukrainian President Volodymyr Zelensky and European leaders on Sunday as the administration stepped up pressure on Kyiv to put aside its resistance and agree to a peace deal with Russia by year-end. The talks between Ukraine and its Western partners have become a tug of war, even without Russia at the table.
10.12 / 07:35
markets
Food
Trade
President
country
Courts
India-US trade deal: Relief today shouldn't come at the cost of autonomy tomorrow
A US trade delegation reached India this week with the aim of concluding a long-anticipated trade agreement. Coming close on the heels of Russian President Vladimir Putin’s visit to New Delhi that resulted in a five-year India-Russia economic programme to diversify trade and strengthen an energy partnership, an obvious question arises: How would ties with Moscow impact India’s US engagement?At last week’s HT Leadership Summit, foreign minister S.
05.12 / 16:03
Trade
President
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country
testing
Relationships
Russia and India’s complicated relationship hinges on oil
Subscribe to enjoy similar stories. When it comes to oil, few countries have needed each other more than Russia and India in recent years. Now, that relationship is being tested.
04.12 / 03:05
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President
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Putin’s India visit comes amid US tariffs and oil sanctions—what’s at stake for New Delhi
Subscribe to enjoy similar stories. Russian President Vladimir Putin begins a two-day visit to India on 4 December for the annual India-Russia Summit—his first trip to New Delhi since the start of the Ukraine war. The visit comes at a particularly sensitive moment for India’s foreign policy and energy security.
03.12 / 07:03
markets
Provident
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economy
Updates
Relationships
Putin visit: As the world order transforms, India’s ties with Russia must evolve too
This week’s visit to India of Russia’s President Vladimir Putin has drawn New Delhi’s long relationship with Moscow into the spotlight. The India-Russia bond has been strong and steady, as evident in the fact that it has outlasted many shifts in global geopolitics. Looking at the cooperation between the two, whether it is on defence materiel or navigating past twists and turns in the global order, India and Russia have understood each other’s requirements and managed to support each other in their time of need.
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