City Moscow Financial News
21.11 / 19:29
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North Korea and Russia agree to expand their economic cooperation
North Korea and Russia reached a new agreement for expanding economic cooperation at talks in Pyongyang this week
21.11 / 18:15
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Putin says Russia has tested a new intermediate range missile in a strike on Ukraine
Vladimir Putin said that Russia has tested a new intermediate range missile in a strike on Ukraine on Thursday, and he warned that Moscow could use it against countries that have allowed Kyiv to use their missiles to strike Russia. Putin said in a nationwide TV address that the Russian strike on Ukraine on Thursday came in response to Ukrainian strikes on the Russian territory with U.S. and British missiles earlier this week. The Russian leader declared that Russia would issue advance warnings before strikes on other countries to allow civilians to evacuate to safety.
20.11 / 08:59
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China urges 'calm' after Vladimir Putin decree on broader use of nuclear weapons
Moscow has reacted furiously to a decision by US President Joe Biden to change policy on Ukraine and allow Kyiv to use US-supplied long-range missiles to strike Russian territory for the first time. On Tuesday, Putin signed a decree that enables Moscow to use nuclear weapons against non-nuclear states such as Ukraine if they are supported by nuclear powers.
20.11 / 07:35
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Putin, ascendant in Ukraine, eyes contours of a Trump peace deal
Putin is open to discussing a Ukraine ceasefire deal with Donald Trump but rules out making any major territorial concessions and insists Kyiv abandon ambitions to join NATO, five sources with knowledge of Kremlin thinking told Reuters. U.S. President-elect Trump, who has vowed to swiftly end the conflict, is returning to the White House at a time of Russian ascendancy. Moscow controls a chunk of Ukraine about the size of the American state of Virginia and is advancing at the fastest pace since the early days of the 2022 invasion. In the first detailed reporting of what President Putin would accept in any deal brokered by Trump, the five current and former Russian officials said the Kremlin could broadly agree to freeze the conflict along the front lines.
20.11 / 05:11
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Dollar sags to one-week low after safety bid, 'Trump trade' momentum wanes
U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a three-day decline from a one-week peak as the market catches its breath following the frantic rally in the wake of Donald Trump's election. A boost to the dollar and other traditional safe-haven currencies like the yen overnight proved short-lived, after Russia's foreign minister said the country will «do everything possible» to avoid the onset of nuclear war, hours after Moscow announced it would lower its threshold for a nuclear strike.
20.11 / 04:53
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North Korea sent a mystery man to lead its troops fighting Ukraine
Subscribe to enjoy similar stories. SEOUL—In a country that fetes its military elites like celebrities, Col. Gen.
20.11 / 02:11
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Mint Quick Edit Don’t let the Russia-Ukraine conflict escalate further
Subscribe to enjoy similar stories. Russian President Vladimir Putin on Tuesday modified his country’s nuclear doctrine to broaden the circumstances in which the Kremlin could use nuclear weapons. As reported, the changes sanction their use when it’s under a coordinated attack, which includes a non-nuclear state attacking it with the backing of a nuclear state.
18.11 / 18:01
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Kremlin says Biden 'fuelling' war as Russian strikes rock Ukraine
The comments came as Moscow unleashed a second missile attack in as many days on the UNESCO-protected Ukrainian city of Odesa on the Black Sea that left 10 dead and more than 40 wounded. Kyiv has long sought authorisation from Washington to use the powerful Army Tactical Missile System, or ATACMS, to hit military installations inside Russia as its troops come under growing pressure.
18.11 / 00:59
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Ukraine strikes on Russia with US missiles could lead to world war, Russian lawmakers say
World War Three, senior Russian lawmakers said on Sunday. Two U.S. officials and a source familiar with the decision revealed the significant reversal of Washington's policy in the Ukraine-Russia conflict earlier on Sunday. «The West has decided on such a level of escalation that it could end with the Ukrainian statehood in complete ruins by morning,» Andrei Klishas, a senior member of the Federation Council, Russia's upper chamber of parliament, said on the Telegram messaging app.
17.11 / 19:47
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North Korea may end up sending Putin 100,000 troops for his war
Russia’s war on Ukraine if the alliance between Pyongyang and Moscow continues to deepen, according to people familiar with assessments made by some Group of 20 nations. The analysis is one of several on the evolving partnership between Russian President Vladimir Putin and North Korean leader Kim Jong Un, said the people, speaking on condition of anonymity to talk about private discussions. They stressed that such a move wasn’t imminent and that military support at that scale — if it occurred — would likely happen in batches with troops rotating over time rather than in a single deployment. Ukraine’s ambassador to South Korea made a similar assessment earlier this month. Dmytro Ponomarenko said in an interview with VOA that Kyiv expected up to 15,000 North Korean troops deployed to fight in Russia’s Kursk region – and possibly in occupied areas of eastern Ukraine – to rotate every few months.
17.11 / 09:37
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Trump’s push for Ukraine peace finds growing acceptance in Europe
Subscribe to enjoy similar stories. President-elect Donald Trump’s push for peace negotiations between Russia and Ukraine is finding growing acceptance among Ukraine’s European allies, who increasingly worry that time isn’t on Ukraine’s side in the war. While European leaders have started discussions to see whether they could fill any funding gap for Kyiv if the incoming Trump administration cuts off support, officials in many capitals recognize that an off-ramp to the conflict appears increasingly necessary.
17.11 / 06:23
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Ukraine war likely to end more quickly under Trump, Zelenskyy says
Volodymyr Zelenskyy has said Ukraine must do all it can to ensure the war with Russia ends next year through diplomacy, commenting at a decisive moment after Donald Trump’s U.S. presidential election win and Russia’s grinding battlefield gains.However, Zelenskyy said Russian President Vladimir Putin was not interested in agreeing to a peace deal, and argued it was convenient for Moscow to sit down to talk while continuing to fight.“From our side, we must do everything so that this war ends next year, ends through diplomatic means,” Zelenskyy said in a Ukrainian radio interview aired on Saturday.Moscow’s ambassador to the U.N.
17.11 / 03:27
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Russia cuts gas to Austria in payment dispute, keeps EU flows
Russia, which before the Ukraine war was the biggest single supplier of natural gas to Europe, has lost almost all of its European customers as the EU tries to reduce its dependence and after the Nord Stream pipeline to Germany was blown up in 2022. Now one of the last main Russian gas routes to Europe — the Soviet-era Urengoy-Pomary-Uzhgorod pipeline via Ukraine — is due to shut at the end of this year, as Kyiv does not want to extend a five-year transit agreement which brings northern Siberian gas to Slovakia, the Czech Republic and Austria.
15.11 / 12:03
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North Korea shows its drone capabilities with explosive exhibition
Subscribe to enjoy similar stories. SEOUL : Kim Jong Un oversaw a fiery exhibition of North Korea’s latest suicide drones, highlighting the military capabilities that could be honed by his country’s recent troop deployment to the Russian front lines with Ukraine where such aerial attacks are commonplace. Kim, clad in a black leather jacket, rose from a beige-colored suede chair to watch the drones soar into the skies, Pyongyang’s state media reported Friday.
15.11 / 11:55
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Trump promises to end wars with a 'strong military'
Trump, who campaigned on an «America First» foreign policy, has said previously that he wanted to strike a deal between Kyiv and Moscow, without giving details, and end bloodshed in the Middle East. «We have to get back to a great country with low taxes and a strong military. We're going to fix our military, we did once and now we're going to have to do it again,» he said Thursday at a gala organized by the America First Policy Institute at his Mar-a-Lago resort in Palm Beach, Florida.
14.11 / 08:13
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Trump and Putin’s avowed personal rapport masks deeper tensions
Subscribe to enjoy similar stories. President-elect Donald Trump has styled himself a master dealmaker who can leverage his warm relationship with Russian President Vladimir Putin to end the war in Ukraine, cool tensions between the world’s biggest nuclear powers and realign global politics. But that can-do image is at odds with the two leaders’ records and the new geopolitical reality.
11.11 / 14:25
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wellness
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International
Urgent measures needed to reduce trade imbalances with Russia: Jaishankar
S Jaishankar on Monday called for «urgent» measures to address the issue of widening trade deficit between India and Russia. While India's exports to Russia stood at only USD 2.24 billion in April-August this fiscal, imports soared to USD 27.35 billion during the period. The trade deficit is aggregated at USD 25.11 billion. The high trade deficit is mainly on account crude imports. Russia emerged as India's biggest supplier of crude oil, which is converted into fuels like petrol and diesel in refineries, after Russian oil was available on discount following some European nations shunning purchases from Moscow over its invasion of Ukraine in February 2022.
11.11 / 06:07
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Ukraine attacks Moscow with 34 drones, biggest strike on the Russian capital
Ukraine attacked Moscow on Sunday with at least 34 drones, the biggest drone strike on the Russian capital since the start of the war in 2022, forcing flights to be diverted from three of the city’s major airports and injuring at least five people.
10.11 / 06:25
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Ukrainian drones hit Russian weapons factory, Kyiv source says
Russia in an overnight attack, a source in Ukraine’s SBU Security Service told Reuters on Saturday.The attack on the Aleksinsky chemical plant, which produces gunpowder, ammunition and weapons in the Tula region about 200 km (120 miles) south of Moscow, was part of a strategy to target factories that support Moscow’s war against Ukraine, the source said.As the war against Russia approaches its 1,000-day mark, Ukraine is on the back foot on the battlefield against its larger and better-equipped foe.Russian troops are steadily advancing in the eastern Donetsk region, slicing through Ukrainian defence lines and wiping out towns and villages there with guided air bombs and artillery.The Ukrainian General Staff said on Saturday that the frontline situation was complicated, reporting more than 170 combat clashes in the past 24 hours, the majority in the east.Ukrainian officials say strikes against military facilities, warehouses, and airfields in Russia would disrupt Moscow troops’ logistics and supplies and help turn the war in Ukraine’s favour.Since September, Ukraine has struck several ammunition warehouses in Russia with Ukrainian-produced long-range drones, according to Ukrainian security officials.President Volodymyr Zelenskiy has repeatedly urged Kyiv’s Western partners to supply more long-range missiles and lift restrictions on using them to hit targets deep inside Russia.
09.11 / 14:47
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US struggles to rush weapons to Ukraine before Trump takes office
Subscribe to enjoy similar stories. WASHINGTON : A Biden administration push to send billions of dollars of military equipment to Ukraine before it leaves office is facing major logistical hurdles and is raising concern that the transfers will deplete already-stretched U.S. stockpiles, officials said.
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