City Saint Petersburg, Russia Financial News
15.06 / 19:25
JPMorgan
Citigroup
Chase
Russia’s Flagship Economic Forum Decouples From West
ST. PETERSBURG, RUSSIA—For years, President Vladimir Putin used an annual economic conference here to champion Russia’s economic appeal to the world.
19.11 / 07:17
13.06 / 18:41
OFAC
us sanctions
OFAC Sanctions Russian National Over Money Laundering Through Cryptocurrency
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced additional measures on June 12 to increase pressure on Russia in response to its ongoing conflict with Ukraine.
07.06 / 23:49
UPS
Target
President
country
Inside
International
Putin says he sees no current threat to Russia that warrants the use of nuclear arms
President Vladimir Putin says that he sees no current threat to Russia’s sovereignty that would warrant the use of nuclear weapons but has again warned that Moscow could send arms to countries or groups to strike Western targets
25.04 / 15:33
COST
UPS
Waters
President
Experts
Investigations
Chinese ship remains prime suspect in damage to Baltic Sea gas pipeline that reopened this week
Finnish investigators say a Chinese container ship remains the prime suspect in causing damage last year to a Baltic Sea gas pipeline between NATO members Finland and Estonia
29.12 / 05:06
Provident
Cooper
CEO
Enterprise
country
Latin
gatherings
Russian-Indian projects in mining, shipbuilding, gas chemistry, logistics, and pharma being finalised: SPIEF’s Alexey Valkov
SPIEF says its June 2023 event in St. Petersburg (Russia) witnessed 900 investment agreements worth about $47.6 billion, and 43 agreements between Russian and foreign businesses. Amidst global economic upheavals, SPIEF has been spearheading alliance building/ fostering alliances between Russia and its trade partners, including India.
16.09 / 02:43
AXY
Align
As Kim inspects Russia's military, Putin cultivates 'axis of the sanctioned'
North Korea's leader, Kim Jong Un, peeked his head into the cockpit of a fighter jet at a factory in the Russian Far East on Friday as he pressed ahead on a multiday tour of Russia that is enticing him at each stop with off-limits military technology. Although Russia's president, Vladimir Putin, hasn't promised Kim any of the weaponry and has vowed to abide by United Nations sanctions banning their transfer, the tour carried an implicit threat — an example of what analysts say is a growing danger posed by Putin's increasingly warm relationship with authoritarian leaders who can pose problems for the West. At the same time, according to U.S. officials, Putin is cultivating new sources of arms and munitions for his war against Ukraine. «I think it's really serious,» said Andrea Kendall-Taylor, a senior fellow at the Center for a New American Security, who previously led analyses of Russia by the U.S.
29.07 / 01:49
28.07 / 13:33
UPS
Provident
BLOCK
Fighting
Assurant
Continental
country
Putin woos African leaders at a summit in Russia with promises of expanding trade and other ties
Russian President Vladimir Putin is courting leaders from Africa at a summit, hailing the continent’s growing role in global affairs and offering to expand political and business ties
27.07 / 04:27
UPS
Provident
Fighting
Continental
stage
country
African leaders arrive in Russia for summit as Kremlin seeks allies amid fighting in Ukraine
Some African leaders have arrived in Russia for a summit with President Vladimir Putin as the Kremlin seeks more allies amid the fighting in Ukraine
19.07 / 02:05
Will Vladimir Putin be arrested in South Africa? Here's what President Cyril Ramaphosa said
Russian president is invited. He was responding to a petition by South Africa’s largest opposition political party, the Democratic Alliance, that asked a court in Pretoria to force the government to arrest Putin if he attended the summit. Putin is the subject of an arrest warrant as per the International Criminal Court (ICC) if he leaves Russian soil.
06.04 / 21:33
business
regulation
Marketplace
Paxful
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful's co-founders Artur Schaback and Mohamad (Ray) Youssef in Delaware's courts may have been the real reason behind the Bitcoin marketplace's sudden closure on April 4.
03.03 / 00:30
markets
business
Blockchain
Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war
As reported by local news outlet tass.ru, the Central Bank of Russia once again suspended trading on the nation's leading Moscow Stock Exchange (MOEX) on Wednesday, and will not open the exchange on Thursday. Trading on the MOEX has been halted since Feb. 25, after Russia launched its ongoing military occupation of Ukraine. On a monthly basis, the exchange's index has lost over 34% of its value (not adjusted for inflation), as Western leaders imposed crippling sanctions on Russia in response to the conflict.
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