City Moscow Financial News

05.12 / 12:39

Football Price cap on Russian oil comes into force despite Moscow's threats

The European Union and G7 price cap of $60 a barrel for Russian oil came into effect on Monday, as the West tries to weaken Moscow's ability to continue funding the war in Ukraine while protecting the global economy from a sudden rise in energy prices.

04.12 / 15:53

Football Ukraine war: Kyiv security service sanctions 10 pro-Russian Orthodox priests

Ukraine is slapping sanctions on 10 senior clerics linked to the Orthodox Church in Moscow on the grounds they agreed to work with Russian occupation authorities or justified the Kremlin's invasion, the security service said on Saturday.

03.12 / 17:03

European Union NOT Ukraine war: Biden will not talk to Putin; Russia to encircle Bakhmut; Estonia wants HIMARS

US President Joe Biden does not intend to speak to his Russian counterpart, Vladimir Putin, about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said on Friday.

03.12 / 13:37

European Union Ukraine war: EU, G7 back $60-per-barrel price cap on Russian oil

The European Union agreed to a $60-per-barrel (€56.9) price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve President Vladimir Putin of funding for his war in Ukraine.

03.12 / 12:59

European Union Latvia probes into exiled Russian TV over claims it helped Moscow troops

Statements made by the independent Russian TV station Dozhd raised suspicions it was helping Moscow troops taking part in the Ukraine war and triggered a probe by Latvia's state security service on Friday.

02.12 / 18:07

peace Ukraine war: Scholz tells Putin to withdraw troops before any peace talks can begin

German Chancellor Olaf Scholz on Friday called on Russian President Vladimir Putin to withdraw his troops from Ukraine in order to reach a "diplomatic solution" to the war which began with Moscow's invasion on 24 February.

02.12 / 17:05

EU, G-7 Wait on Poland to Advance Russian Oil-Price Cap

BRUSSELS—The European Union and the Group of Seven advanced economies are awaiting word on whether Poland will agree to a $60-a-barrel price cap on Russian oil that is supposed to take effect Monday.

02.12 / 14:19

European Union Row breaks out as Vilnius tears down Stalin-era WW2 memorial

A row has broken out in the Lithuanian capital Vilnius after the local authority began taking down a WW2 monument on Thursday, despite a UN injunction.

02.12 / 09:21

Lost Up to 13,000 Ukrainian soldiers lost in war, says official

Up to 13,000 Ukrainian soldiers have been killed since the start of the Russian invasion in February, an official said on Thursday.

01.12 / 15:51

European Commission EU Asks Members to Set Russia Oil-Price Cap at $60

The European Commission, the European Union’s executive body, has asked the bloc’s 27 member states to approve a price cap on Russian oil of $60 a barrel, according to people familiar with the matter.

01.12 / 09:29

European Union Germany and Norway announce plan to better protect maritime infrastructure

Leaders of Germany and Norway launched a plan on Wednesday to better protect maritime infrastructure within NATO.

29.11 / 15:35

week Ukraine war: Kherson 'shelled 258 times in a week'; Pope slams 'Russian cruelty'; and NATO meeting

Ukraine President Volodymyr Zelenskyy says Russian forces have shelled settlements in the southern Kherson region 258 times in the last week.

29.11 / 13:25

NATO meets to talk Ukraine at scene of one of its most controversial decisions

NATO meets on Tuesday to drum up much-needed support for Ukraine.

27.11 / 20:37

Blockchain Adoption International Putin calls for blockchain-based international payment system

Russian President Vladimir Putin criticized monopoly in global financial payment systems and called for an independent and blockchain-based settlement network on Nov 24, speaking at the International AI Journey Conference in Moscow.

26.11 / 14:59

Climate change European Union 'The explosions keep roaring': No rest for Kherson as Russia steps up attacks

Russian shelling killed at least 15 civilians on Friday in the recently liberated Ukrainian city of Kherson, according to local officials.

26.11 / 12:21

Climate change European Union Power Ukraine war: Number without power halved but six million still cut off, Zelenskyy says

Ukrainian President Volodymyr Zelenskyy has said the number of people without power has been halved since the immediate aftermath of Russia's assault this week, but some six million are still cut off.

25.11 / 20:19

FIFA hospital Ukraine war: Kherson evacuates hospital patients amid relentless Russian shelling

Patients at hospitals in Kherson are being evacuated amid ongoing Russian strikes on the southern city, say local authorities.

25.11 / 20:19

FIFA Ukraine war: Arms made at pace ‘highest since Cold War’ as Europe’s east aids Kyiv

Eastern and Central Europe's arms industry is churning out guns, ammunition, and other military supplies at a pace not seen since the Cold War as governments aim to aid Ukraine in its fight against Russia.

25.11 / 18:25

FIFA 'I share your pain,' Putin tells mothers of fallen Russian soldiers

Vladimir Putin told the mothers of Russian soldiers serving in the war that he "shares the pain" of those who lost their sons and told them not to believe "lies" about the invasion of Ukraine.

24.11 / 11:29

Government Law Central Bank Russia intends to launch a ‘national crypto exchange’

Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country.

23.11 / 16:37

Power Ukraine war: Power cuts in Lviv and Moldova after fresh missile strikes

Fresh missile strikes on Ukraine's capital Kyiv have hit an "infrastructure" site, according to mayor Vitali Klitschko.

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