City Moscow Financial News
29.10 / 11:29
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Russia says it shot down 36 Ukrainian drones as fighting grinds on in Ukraine’s east
Russia’s Defense Ministry said Sunday. “The air defense systems in place destroyed 36 Ukrainian unmanned aerial vehicles over the Black Sea and the northwestern part of the Crimean peninsula,” the ministry wrote on Telegram. Local authorities in the southern Krasnodar region bordering the Black Sea said that a fire broke out at an oil refinery in the early hours of Sunday, but did not specify the cause. “The reasons for the incident are being established,” a statement from local authorities said, amid claims in local media outlets that the fire had been caused by a drone strike or debris from a downed drone. Drone strikes and shelling on the Russian border regions and Moscow-annexed Crimea are a regular occurrence.
28.10 / 13:47
Reuters
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Hamas promises to free 8 Russian-Israeli hostages taken as 'a result of chaos', if...
when we find them, we will let them go," he said, as per news agency AFP. Follow Israel Hamas LIVE Updates On the question of release of the hostages, the Hamas representative said, "About the peaceful citizens that were taken and that are now in Gaza, we treat them as guests. While referring to the Russian-Israelis, he added that Hamas will free them as soon as the conditions are met.
27.10 / 20:07
Waves
Reuters
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Zelenskiy says Russia loses 'at least a brigade' trying to take Avdiivka
Volodymyr Zelenskiy said on Friday Russian forces have lost at least a brigade worth of troops trying to advance on Ukraine's eastern town of Avdiivka. Russia renewed a push to encircle the embattled town in mid-October, trying to overwhelm Ukrainian positions with constant barrages of artillery and waves of troops and fighting vehicles, according to local and military authorities in Ukraine. «The invaders made several attempts to surround Avdiivka, but each time our soldiers stopped them and threw them back, causing painful losses. In these cases, the enemy lost at least a brigade,» Zelenskiy told British Prime Minister Rishi Sunak in a phone call, the president's office said in a statement. Reuters could not independently verify the assertion and there was no immediate comment from Russia. Brigades vary in size and can number between 1,500 and 8,000 troops.
27.10 / 20:07
Waters
Southern
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Release of hostages needs ceasefire, Hamas official says
Gaza to a ceasefire in Israel's bombardment of the Palestinian enclave, launched after a deadly rampage into southern Israel nearly three weeks ago. Israel says it is preparing a ground invasion, but has been urged by the U.S. and Arab countries to delay an operation that would multiply the number of civilian casualties in the densely populated coastal strip and might ignite a wider conflict. Two U.S.
27.10 / 19:12
Provident
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EU summit turns its eyes away from Ukraine despite a commitment to stay the course with Zelenskyy
The European Union summit showed that Ukraine will be facing tougher times to get all the attention and political, economic and military aid that it wants
27.10 / 13:35
Target
Reuters
Russia hikes rates to higher-than-expected 15%
By Alexander Marrow and Elena Fabrichnaya
27.10 / 10:33
25.10 / 16:37
Fighting
country
social
Russia says recruited 385,000 soldiers this year
Moscow needs masses of soldiers for its Ukraine offensive. Russia does not say how many troops it has lost during the 20-month offensive, but independent estimates put the numbers well into the tens of thousands. Moscow has launched an aggressive recruitment campaign, offering huge salaries and welfare programmes in a bid to recruit soldiers for its assault. «The rate of recruitment for contracted military service has increased significantly. More than 1,600 people are signing a contract with the armed forces every day,» Russia's former leader Dmitry Medvedev, deputy chair of the nation's Security Council, said in a video published on social media.
25.10 / 14:15
UPS
economy
Experts
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information
Loyalty above all: Removal of top Chinese officials seen as enforcing Xi's demand for obedience
Xi Jinping's demand for total obedience and the elimination of any potential rivals within the ruling Communist Party, analysts say. State media this week confirmed that former defense minister Gen. Li Shangfu and former foreign minister Qin Gang were «no longer serving in office,» but offered no details. The opacity of China's one-party authoritarian system creates huge speculation about why the officials left office and whether they will face legal censure.
24.10 / 14:51
Provident
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safe
Ukraine’s leader says Russian naval assets are no longer safe in the Black Sea near Crimea
Ukraine’s leader says Russian naval assets are no longer safe in the Black Sea near Crimea
24.10 / 13:13
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safe
Ukraine's leader says Russian naval assets are no longer safe in the Black Sea near Crimea
Ukraine President Volodymyr Zelenskyy claims that recent Ukrainian attacks have denied the Russian fleet safe bases and secure maritime corridors in the western part of the Black Sea
24.10 / 13:13
COST
UPS
economy
President
country
reports
Department
A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now
Prices for Russian oil have risen well above a price cap imposed by Western allies as part of sanctions over the invasion of Ukraine
24.10 / 13:13
23.10 / 14:01
UPS
Target
Reuters
economy
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Department
Russia to hike rates to 14% as inflation pressure remains high - Reuters poll
By Elena Fabrichnaya and Alexander Marrow
23.10 / 11:13
UPS
Target
FIVE
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cover
NOT
Almost half of Russians say salary does not cover basic spending -survey
MOSCOW (Reuters) — The number of Russians who say their salary does not cover basic spending has jumped by 20 percentage points in two years to almost half, a survey by recruiter Headhunter showed, as Moscow diverts record fiscal resources to funding its war in Ukraine.
22.10 / 01:49
20.10 / 14:27
20.10 / 02:07
UPS
CBDC
Digital
Citizens
Department
Russia Gov’t Wants to Use Its CBDC for Tax Collection, Paying Benefits
Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.
19.10 / 17:19
Provident
MET
Cooper
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Russia Pushes Security Talks With North Korea, China
SEOUL—Russia said it supports holding regular security talks with North Korea and China to address the threat posed by the U.S. on the Korean Peninsula, as Moscow draws closer to its partners and attempts to counter Western isolation. Russian Foreign Minister Sergei Lavrov backed the idea during his two-day trip to North Korea that ended Thursday, according to Russian state media.
19.10 / 14:33
UPS
Provident
Cooper
economy
Experts
country
Beijing attempts to emerge as senior partner in its partnership with Russia
Russia’s strategic dependence on China has only grown since the war. This year, trade between the two powers has soared to levels not seen since the beginning of Moscow's war in Ukraine, with Chinese imports of Russian oil offering Moscow a critical lifeline as international sanctions bite.
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