City Moscow Financial News
26.12 / 15:07
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Azerbaijan Airlines flight was downed by Russian air defence system, four sources say
Azerbaijan Airlines flight that crashed in Kazakhstan on Wednesday was downed by a Russian air defence system, four sources in Azerbaijan with knowledge of the investigation told Reuters.
23.12 / 15:25
23.12 / 15:25
markets
security
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Experts
War
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World War III risk erupting? Vladimir Putin stokes fresh fear with chilling new warning
World War III fears with a chilling new warning by saying :«We will always respond to any challenge». Putin has warned that World War III could erupt if the West continues 'escalating the situation' in his latest existential threat over the war in Ukraine.
23.12 / 05:25
UPS
Cooper
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Satellite images show North Korea boosting arms flow to Russia
Subscribe to enjoy similar stories. North Korea and Russia are deepening their military cooperation, as Pyongyang ramps up the supply of arms to Moscow for the war in Ukraine and receives much needed cash and oil from the Kremlin in return. Recent satellite images show that North Korea is shipping more munitions to Russia and is expanding arms production at home to churn out the weapons Moscow needs to feed its voracious war machine.
23.12 / 05:01
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Russia’s wartime economic woes slow railway trade with China
Russian Railways JSC — the state-owned carrier responsible for all rail transport throughout the country — last week approved a 30% cut in its investment program for next year amid soaring borrowing costs, news agency Tass reported, citing the transportation minister. An increase in war-related cargoes is also compounding existing bottlenecks, while sanctions weigh on cross-border payments. Those factors, along with longstanding logistical issues, are slowing the transport of goods like coal and aluminum.
21.12 / 13:43
20.12 / 06:17
Fighting
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economy
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Putin boasts Ukraine gains, says Russia ready for missile ‘duel’ with West
President Vladimir Putin boasted that his military operation in Ukraine has strengthened Russia and denied that the ouster of key ally Bashar Assad in Syria had hurt Moscow’s prestige, as he held his annual news conference and call-in show Thursday.
19.12 / 12:33
COST
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Putin signals no rush to end Ukraine war in marathon TV appearance
Subscribe to enjoy similar stories. Russian President Vladimir Putin appeared in no hurry to seek an end to the war in Ukraine during his annual set-piece television event Thursday, seeking instead to project Russia’s strength despite President-elect Donald Trump’s stated goal of achieving a quick peace. The carefully choreographed question-and-answer session saw Putin field queries from chosen media sources and ordinary Russian citizens, during which he repeatedly portrayed Russia as resistant to the effects of the conflict, which is now nearing the three-year mark.
18.12 / 12:25
18.12 / 01:43
Reuters
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Ukraine kills Russian chemical weapons chief Igor Kirillov in Moscow
Lieutenant General Igor Kirillov, who was chief of Russia's Nuclear, Biological and Chemical Protection Troops, was killed outside an apartment building along with his assistant when a bomb hidden in an electric scooter went off, Russia's Investigative Committee, which probes serious crimes, said. An SBU source confirmed to Reuters that the Ukrainian intelligence agency had been behind the hit. «The liquidation of the chief of the radiation and chemical protection troops of the Russian Federation is the work of the SBU,» the source said.
17.12 / 22:49
17.12 / 22:49
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Janis Timma, a Latvian basketball star, found dead in Moscow
Janis Timma, a Latvian basketball player, had been discovered dead in Moscow following what appeared to be a suicide. The 32-year-old's body was discovered inside the entrance of a residential block in central Moscow, according to an unidentified emergency official who spoke to the state-run TASS news agency. The official stated that suicide was the initial cause of death, as quoted in a report by The Moscow Times. Although the cause of Timma's death was not immediately known, the emergency official informed TASS that a phone with his final wish on it was discovered next to his body. The Ren TV channel was informed by an anonymous source that the text call Anya showed up on his phone.
17.12 / 17:51
UPS
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EU investigates TikTok over Romanian presidential election safeguards
European Union regulators are investigating whether TikTok breached the bloc’s digital rulebook by failing to deal with risks to Romania’s presidential election
17.12 / 11:39
17.12 / 04:55
17.12 / 04:55
Waves
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Damaged Russian ships spilled an estimated 3,700 tons of oil in Kerch Strait, state media says
Russia's state media say an estimated 3,700 tons of low-grade fuel oil has spilled into the Kerch Strait after two Russian ships were seriously damaged by stormy weather
15.12 / 07:07
markets
Strategy
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Trade
reports
India's import of Russian oil drops in November on shrinking discounts
Russian crude oil dropped in November to its lowest level since June 2022 but the Kremlin continues to be the biggest source of oil for India, according to a monthly tracker report of a European think tank. India became the second biggest buyer of Russian crude oil since Moscow invaded Ukraine in February 2022, with purchases rising from less than one per cent of the total oil imported to almost 40 per cent of the country's total oil purchases. The rise was primarily because the Russian crude oil was available at a discount to other internationally traded oil due to the price cap and the European nations shunning purchases from Moscow. «India's imports of Russian crude oil dropped by a massive 55 per cent in November — the lowest figure since June 2022,» the Centre for Research on Energy and Clean Air (CREA) said its latest report.
14.12 / 16:35
UPS
Reuters
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Russia pulling back but not out of Syria, sources say
Bashar al-Assad, four Syrian officials told Reuters. The ousting of Assad, who along with his late father, former President Hafez al-Assad, had forged a close alliance with Moscow, has thrown the future of Russia's bases — the Hmeimim airbase in Latakia and the Tartous naval facility — into question. Satellite footage from Friday shows what appeared to be at least two Antonov AN-124s, among the world's largest cargo planes, at the Hmeimim base with their nose cones open, apparently preparing to load up.
14.12 / 14:01
Provident
security
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information
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Bashar Al-Assad's final days and hours in Syria; here's a ball-by-ball account of how he fled
Just hours before his departure, Assad addressed senior military and security officials, assuring them that Russian military support was imminent. According to a commander present at the briefing, he urged the ground forces to hold their positions. However, this claim turned out to be false, as Russia had no plans to intervene further. Also Read: Where’s Joe? Vice President Kamala Harris seems to have snubbed the President for not inviting him for Sunday brunch last week
14.12 / 12:31
Nov
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Serbia's main gas supplier that is controlled by Russia faces US sanctions, president says
Serbia's president says the United States plans to introduce sanctions against Serbia’s main gas supplier that is controlled by Russia
13.12 / 20:03
Strategy
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Trade
President
country
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Straight out of a movie? A tiny white pill called Captagon brought Syria's Bashar Al-Assad down; here's how that happened
Syrian President Bashar Al-Assad's regime was brought down by insurgents in the country, who managed to take control of major territories of the country, forcing the President to escape to Russia and seek asylum there. Meanwhile, there are already reports on how Moscow intelligence officials helped plan Al-Assad's escape, through a Russian airbase along the Syria coast. Now, a shocking development has been seen, where it is being claimed that a white tiny pill, named the Captagon, was responsible for bringing down the Syrian regime, helping the insurgents.
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