City Saint Petersburg Financial News

Lithuania has banned the transit of some goods through its territory from Russia to its exclave of Kaliningrad.

Subscribe to enjoy similar stories. For years, mourners and members of Russia’s pro-democracy movement have flocked to a bridge near the Kremlin each February to remember Boris Nemtsov, an opposition politician who was shot dead there in 2015. This week, at the 10th anniversary of the killing, a far smaller crowd turned out, with the leading lights of the opposition either dead or driven into exile.

Police say a Norwegian-owned and Russian-crewed ship that authorities suspect may have been involved in damage to an underwater fiber optic cable connecting Latvia and the Swedish island of Gotland has been stopped off Norway

When the whale was first discovered in April 2019 wearing a harness with a camera mount, speculation arose that he might have been involved in covert activities. The equipment, labeled «Equipment St. Petersburg,» fueled theories that the whale was connected to Russian intelligence. Norwegians named the whale Hvaldimir, combining hval (Norwegian for whale) with Vladimir, after Russian President Vladimir Putin. The BBC recently released a documentary, Secrets of the Spy Whale, which “explores the mystery of the strange whale and asks where he came from, who trained him, and why he was operating near critical Arctic waters close to Russia.” The film features “exclusive interviews and previously unseen footage,” diving into the covert world of marine mammal training and international espionage while revealing new insights into Hvaldimir, the so-called “Spy Whale.”

BRICS summit, the Modi government has said that India and China have reached an agreement to resume patrolling in eastern Ladakh. The development has brightened chances of a meeting between PM Narendra Modi and Chinese President Xi Jinping in Kazan on the sidelines of the summit. «Over the last several weeks, Indian and Chinese diplomatic and military negotiators have been in close contact with each other in a variety of forums. As a result of the discussions that have taken place over the last several weeks, an agreement has been arrived at on patrolling arrangements along the Line of Actual Control in the India-China border area and this is leading to disengagement and eventually a resolution of the issues that had arisen in these areas in 2020,» foreign secretary Vikram Misri said at a media briefing. Indian and Chinese soldiers will be able to resume patrolling in the way they had been doing before the border face-off in May 2020, external affairs minister S Jaishankar said at a media event. He said LAC breakthrough is a good development that happened due to «patient and persevering diplomacy».

Rep. Byron Donalds, R-Fla., discusses the potential impact of Hurricane Milton after Tampa's mayor told residents to evacuate on 'Varney & Co.'

For some residents of storm-prone Southeastern states, the best indicator of a hurricane's severity can be found at the local Waffle House

The hunt for gasoline is among the many stresses for Floridians preparing for Hurricane Milton, regardless of whether they plan to ride it out or evacuate

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Botic van de Zandschulp, 28, currently ranked No. 78 in the world, is no stranger to big upsets. At his peak in August 2022, he reached No. 22 in the rankings, a year where he set new career highs 14 times, ending with a 38-29 record in men’s singles matches.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

drone strikes by Ukraine, President Vladimir Putin has fortified the defenses surrounding his palace in Valdai, located north of Moscow. Satellite images captured on May 6 reveal at least seven medium-range air defense systems deployed near the extensive forest estate on Lake Valdai's shores, as reported by the US-based think tank, the Institute for the Study of War (ISW). Prioritizing High-Value Targets According to The Telegraph, the ISW stated, «Ukraine's relentless drone strikes have compelled Moscow's military command to prioritize limited air defense assets to cover what it deems high-value targets.» The satellite images also show Pantsir-S1 air defense units, surface-to-air missiles, and a long-range radar station, operational since the spring when Ukraine intensified attacks on Russian infrastructure.

The Russian Ministry of Finance is considering allowing qualified investors to trade digital currencies on licensed exchanges, such as the Moscow Exchange and St. Petersburg Exchange.

Supreme Court Justice Clarence Thomas has landed in a huge controversy with accusations of not disclosing at least 35 luxury gifts, a free yacht trip to Russia and a private helicopter journey to a palace in Vladimir Putin's hometown St. Petersburg. In a letter written to Attorney General Merrick Garland, Sens. Sheldon Whitehouse, D-R.I., and Ron Wyden, D-Or have also accused him of committing tax fraud and violating other federal laws by “secretly” accepting the gifts and income potentially worth millions of dollar, reports 'Daily Beast'. The senators have demanded to appoint a special counsel to probe Thomas.

President Vladimir Putin and include some who’ve been sanctioned over the war that’s now in its third year.Vagit Alekperov, key shareholder and former president of oil giant Lukoil PJSC, topped the list with about 186 billion rubles in dividends. He is sanctioned by the UK and Australia, but has so far avoided US and European Union penalties.Billionaires Alexey Mordashov, of Severstal PJSC, and Vladimir Lisin, of Novolipetsk Steel PJSC, were next with 148 billion and 121 billion rubles respectively of dividend income.

Russia has sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to Russia’s national railway company. A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mumbai in India. The corridor is part of Russia’s push to find new transport routes in light of Western sanctions, which have forced it to shift trade flows from Europe to Asia and the Middle East, RT has reported. “For the first time, two trains with Kuzbass coal headed to India along the International North-South Transport Corridor. The trains set off from the Kemerovo region. They followed along the eastern branch of the INSTC through Kazakhstan and Turkmenistan to the Iranian port of Bandar Abbas,” Russian Railways said on Monday in its Telegram channel, RT reported. How INSTC can revolutionise India's trade The development of the INSTC, which connects Russia to India through Iran's Chabahar port, means a lot for India's trade. Now that Russia faces restrictions on sea trade due to the Ukraine war, the corridor assumes even more economic and strategic importance, especially when India sees it as an alternative to China's ambitious Belt and Road Initiative.

Crypto mining regulation has taken center stage at the St. Petersburg International Economic Forum. Government officials are also talking up the cross-border credentials of Russia’s CBDC.

The Russian state news agency Tass says a court in St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in Russia

net loss of 629 billion roubles ($6.9 billion) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market. The results highlight the dramatic decline of Gazprom, which since the collapse of the Soviet Union has been one of Russia's most powerful companies, often used as a leverage to solve disputes with its neighbours, such as Ukraine and Moldova.

A Russian court sided with state-run lender VTB Bank in its efforts to recoup $439.5 million from JPMorgan Chase that the American lender froze in U.S. accounts after the Ukraine invasion.

Interfax reported. Islamist groups have targeted Russia in the past citing what they call anti-Muslim policies by the Kremlin. The seizure of a school in Beslan in the south of the country led to more than 330 fatalities, many of them children, in 2004.

Russian Presidential Election: The first day of voting in Russia's presidential election was marred by acts of vandalism at polling stations Friday, with at least nine arrests for pouring dye into ballot boxes and arson attacks. Vladimir Putin is set to secure another six years in the Kremlin after a three-day vote he has cast as a show of Russians' loyalty and support for his military assault on Ukraine, now in its third year.