City Moscow Financial News
04.08 / 03:09
UPS
Extreme
country
voice
social
Russian opposition leader Alexei Navalny faces 20 more years behind bars
Navalny faces trial again on Friday to hear whether he has been found guilty of a series of extremism charges that could see him spend 20 more years behind bars. He is already serving a nine-year sentence in a maximum-security prison for «embezzlement», a charge that his supporters say was trumped up in retaliation for challenging President Vladimir Putin. Navalny said he expected the court to hand him a lengthy, «Stalinist» prison sentence of about 18 years, and called on his supporters to resist Putin's rule in a statement Thursday.
03.08 / 17:39
FIVE
country
PM Modi to attend BRICS Summit in Johannesburg
BRICS Summit, the Ministry of External Affairs (MEA) said. "President Ramaphosa invited the prime minister for the BRICS summit being hosted by South Africa on August 22-24, and briefed him on the preparations for the same," the Ministry of External Affairs (MEA) said atfter PM Modi's talks with Ramaphosa. "The prime minister accepted the invitation and conveyed that he looked forward to his visit to Johannesburg to participate in the summit," the MEA said.
03.08 / 17:21
UPS
Continental
country
exit
Power
The 3 Baltic nations plan to accelerate their exit from Russia's power grid by almost a year
The prime ministers of the three Baltic countries agreed Thursday to speed up their nations’ disconnection from Russia’s power grid by nearly one year and connect with the continental European energy network by February 2025
03.08 / 16:51
FIVE
country
reports
expansion
India dismisses reports that it opposes BRICS expansion
BRICS summit in Johannesburg set to discuss admitting new members, India on Thursday dismissed as «baseless» reports that it is opposed to the expansion of the grouping. It is learnt that New Delhi is yet to take a final decision on Prime Minister Narendra Modi's in-person attendance in the summit of the five-nation grouping from August 22 to 24. The summit is set to extensively deliberate on expansion of BRICS (Brazil, Russia, India, China and South Africa).
03.08 / 13:45
Target
MET
Action
country
Dozens of states to pledge to combat use of food as weapon of war
By Michelle Nichols
03.08 / 12:37
BLOCK
country
peace
India to participate in Ukraine peace talks hosted by Saudi Arabia
India will participate in Ukraine peace talks to be hosted by Saudi Arabia on Aug. 5 and 6, a foreign ministry spokesperson said during a news briefing on Thursday. Saudi Arabia has invited Western nations, Ukraine and some major developing countries to discuss the peace plan proposed by Ukrainian President Volodymyr Zelenskiy earlier this year.
03.08 / 11:49
UPS
Citi
CEO
Assurant
DAL
beautiful
Lal Chowk's iconic Clock Tower gets facelift
Clock Tower, popularly known as Ghanta Ghar, at Srinagar's historic Lal Chowk is getting a major makeover under the Srinagar Smart City Project. Locals feel the refurbished city square, named after the iconic Red Square in Moscow, will add to the city's hang out options. The business community of Lal Chowk claims it has suffered immensely over the past seven months due to the maintenance work, yet hopes in the end it will be all worth the trouble.
02.08 / 02:39
Citi
Waves
Target
Telegram
Southern
Kyiv mayor says Russian drone attack targets Ukraine capital
Kyiv's mayor said on Wednesday that a Russian drone attack on the capital overnight caused damage in multiple districts. «As a result of the enemy attack on the capital and the fall of (unmanned aerial vehicle) wreckage, a non-residential building was damaged in the Solomyansky district,» Kyiv Mayor Vitali Klitschko said on Telegram. Kyiv's busy Solomyansky district hosts an international airport.
01.08 / 23:04
COST
ExxonMobil
Shell
performer
fall
BP profits are cut in half to $2.6 billion as oil and natural gas prices fall
Energy giant BP says it earned nearly $2.6 billion in the second quarter
01.08 / 23:03
01.08 / 09:49
Citizens
VISA
country
electronic
Indian
Russia starts issuing e-visas to Indian visitors from today. Here's how to apply
Starting August 1, Russia has started issuing electronic visa (e-visa) to Indian passport holders that helps visitors get travel approval faster for diverse purposes such as business trips, guest visits, and tourism. The e-visa can be used just like any other regular visa, eliminating the need to check with embassies or any other associations.
31.07 / 14:27
Tether
Ukraine war
Wagner
Ruble
Wagner Rebellion Triggered Surge in Ruble-Tether Crypto Trading Amid Currency Turmoil
Russian private military company Wagner Group’s march towards Moscow in June triggered a 277% surge in trading volume between the stablecoin Tether (USDT) and the Russian fiat currency.
31.07 / 13:23
31.07 / 12:01
31.07 / 07:29
UPS
Target
country
UK says will issue 'hundreds' of new oil, gas licences in North Sea
UK government said Monday it would issue «hundreds» of new oil and gas licences in the North Sea to secure energy reserves while still aiming for net zero carbon emissions by 2050. «Investment in the North Sea will continue to unlock new projects, protect jobs, reduce emissions and boost UK energy independence,» Prime Minister Rishi Sunak's office said in a statement.
31.07 / 01:11
Citi
Fighting
Southern
Battlefield
reports
Ukraine reports fierce fighting in northeast
Russia's military said it had halted Ukrainian forces in the northeast. The military also said it brought down down three Ukrainian drones which had tried to strike Moscow and damaged a high-rise building reported to house government offices. Ukrainian President Volodymyr Zelenskiy described Sunday as «a good day, a powerful day» at the front, particularly near Bakhmut, where Ukrainian forces say they are retaking ground lost when Russian forces took the city in May.Ukraine did not directly claim responsibility for the drone attacks but Zelenskiy said the war was «gradually returning to Russia's territory — to its symbolic centres».
30.07 / 19:29
Aware
stage
country
Indian
Sanctions hit Sibur petrochem plans with Indian Oil
New Delhi: Russia’s largest integrated petrochemicals company PJSC Sibur Holding’s plan to build a large petrochemical plant with state-run Indian Oil Corp. Ltd (IOC) at Paradip has hit a roadblock due to the sanctions amid ongoing Russia-Ukraine war, said two people aware of the development. The two partners were slated to sign an agreement for the facility but Sibur, also Russia’s largest liquefied petroleum gas producer, has kept its plan on hold following the sanctions on Moscow amid the Ukraine war.
30.07 / 18:39
30.07 / 15:57
Citi
Microsoft
Platform
Minecraft
Celebrity
audience
social
Is Russia using Minecraft, World of Tanks, other video games as propaganda weapon? Here's what report claims
video games such as Minecraft and World of Tanks are allegedly being used to spread Russian propaganda by Kremlin, a report has claimed. The report in New York Times report has claimed how the Russian players have been actively taking a dig into Ukraine through games and social media.
30.07 / 15:13
Citi
Target
Fighting
Strategy
country
Power
Zelenskiy expects Russia to resume attacks on Ukraine's power grid
KYIV (Reuters) — President Volodymyr Zelenskiy said on Sunday that he expects Russia to resume its attacks on Ukraine's energy system once cold weather returns later this year, and vowed to do everything possible to protect the power grid.
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