City Moscow Financial News

06.09 / 15:37

UPS Citizens Lawyer Lawyer For Alleged Russian Crypto Launderer Seeks Prisoner Swap With U.S.

As the relations between the U.S. and Russia remain stringent due to the latter country’s invasion of Ukraine, a lawyer for a Russian citizen accused of laundering more than USD 4bn worth of crypto has called on the Kremlin to facilitate a prisoner exchange involving his client with Washington.

06.09 / 14:47

Digital Cross-border Russia’s Finance Ministry, Central Bank Agree To Legalize Cross-Border Crypto Payments

Ending a long-term dispute, Russia’s Ministry of Finance has announced it has reached an understanding with the Bank of Russia, the country’s central bank, over the legalization of cross-border payments in cryptocurrencies.

04.09 / 20:37

Energy Protests Ukraine war: Berlin's 'hybrid war' against Russia, US Navy in Baltics, Kharkiv shelling

Ukrainian Prime Minister Denys Chmygal urged Germany to strengthen its military support for Ukraine, during a trip to Berlin on Sunday.

03.09 / 22:21

Racing Russia to Keep Nord Stream Pipeline Shut, Citing Mechanical Problems

Russia indefinitely suspended natural gas flows to Europe via a key pipeline hours after the Group of Seven agreed to an oil price cap for Russian crude—two opposing blows exchanged between Moscow and the West in an economic war running parallel to the military conflict in Ukraine.

03.09 / 12:47

Energy Hundreds pay last respects to Gorbachev in Moscow, Putin a no-show

Hundreds of mourners lined up Saturday to pay tribute to the eighth and final Soviet leader Mikhail Gorbachev, lauded in the West for helping end the Cold War, in a farewell snubbed by Russian President Vladimir Putin.

03.09 / 00:09

Energy Europe's energy crisis Energy Price Ukraine war: Strike on Russian base, energy price caps and B52 bombers

Ukraine said on Friday it had struck a Russian base in Energodar, the city where the Zaporizhzhia nuclear power plant, which is occupied by Russian troops, is located.

02.09 / 20:43

Energy Gas Europe's energy crisis Russia to shut down Nord Stream gas pipeline to Europe 'completely'

Russian gas giant Gazprom will completely shut down the Nord Stream pipeline, until a turbine is repaired - even though services were due to resume on Saturday after a maintenance operation.

02.09 / 15:33

Waves Airlines Russian Economic Optimism Is Based on Suspect Data

In the early weeks of Russia’s invasion of Ukraine, the U.S. and European allies rolled out wave upon wave of economic sanctions.

01.09 / 14:53

European Union Ukraine war: Russian shelling forced Zaporizhzhia nuclear reactor to shut down, says Energoatom

Russia and Ukraine accused each other of waging attacks on Thursday near Europe’s largest nuclear power plant, causing one of its reactors to shut down just as a team of UN inspectors were heading in for a visit.

01.09 / 08:57

Blockchain Hackers Hackers try to sell NFT of Belarusian leader's supposed stolen passport

A group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell a nonfungible token (NFT) featuring the purported passport info of Belarus president Alexander Lukashenko.

31.08 / 17:23

Deal Hungary signs deal with Gazprom for 5.8bn cubic metres of natural gas

Hungary says it has signed a deal with Russian energy giant Gazprom for 5.8 billion cubic metres of extra natural gas.

31.08 / 15:03

Ukraine war Ukraine 'shelling Russian supply ferries' on Dnipro River

Vicious battles are raging near Kherson in southern Ukraine after Kyiv announced the launch of a counter-offensive in the region.

31.08 / 11:09

Waves Mikhail Gorbachev, reformer and last leader of Soviet Union, dies at 91

As the eighth and final leader of the Soviet Union, Mikhail Gorbachev sought to reform the Communist state and infuse greater transparency. But his efforts unleashed a wave of unstoppable forces that led to the nation’s demise, reshaping the geopolitical landscape and leaving the US as the world’s sole superpower.

31.08 / 00:03

European Union Soviet leader Mikhail Gorbachev dead at 91, Russian media report

The former Soviet President Mikhail Gorbachev has died, aged 91.

30.08 / 22:01

Climate change European Union Pope Francis clearly denounced Russia's war in Ukraine, says Vatican

After allegations claiming that Pope Francis was not critical of Russia for invading Ukraine in late February, the Holy Seat defended the pontiff, stating he has clearly viewed the war as "senseless, repugnant and sacrilegious".

29.08 / 23:37

European Union Food Bitcoin Russia to hold war games with China amid tensions over Ukraine invasion

Russia said it would launch sweeping military drills in the country’s east together with forces from China — a show of increasingly close defence ties between Moscow and Beijing amid tensions with the West.

29.08 / 18:27

cryptocurrency Food Research Bitcoin Ukraine war: Kyiv launches counter-offensive to retake Kherson, say authorities

Ukrainian forces have launched a counter-offensive in the south, aimed at pushing Russian troops back across the Dnipro river and retaking the occupied city of Kherson, local authorities announced on Monday.

29.08 / 17:39

UPS Russia Confounds the West by Recapturing Its Oil Riches

Russia pumps almost as much oil into the global market as it did before its invasion of Ukraine. With oil prices up, Moscow is also making more money.

27.08 / 22:03

Football pandemic Nuclear power plant Ukraine war: Underwater drones, radiation fears and Moscow movies

Concern about the potential for a radiation leak at Europe's largest nuclear power plant persisted as Ukrainian authorities said Saturday that Russian forces fired on areas just across the river and Russia claimed Ukrainian shelling hit a building where nuclear fuel is stored.

27.08 / 16:07

Technology Football NASA Power Nuclear power Ukraine war: Russia shells cities near nuclear power plant

Russian forces fired missiles and artillery on Ukrainian-held areas across the river from Europe's largest nuclear power plant, authorities said Saturday as concern persisted about safety at the Russian-controlled plant after it was temporarily knocked offline.

26.08 / 10:37

European Union Football UK consumers face 80% rise in energy bills from October as regulator raises price cap

The cost of energy for British consumers will rise by 80% from October, the UK's regulator said on Friday. Ofgem's move will see average annual household bills soar to £3,549 (€4,204).

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