City Sochi Financial News

Outrage in Kyiv after Amnesty accuses it of endangering civilian life

Merkel served alongside four US presidents, four French presidents and five British prime ministers. But it is perhaps her dealings with Russian President Putin that have drawn the most scrutiny since she left office in late 2021.

Russia is seeking to woo African countries this weekend at a summit in the Black Sea resort of Sochi, with President Vladimir Putin promising the continent «total support». Facing isolation in the West following its full-scale offensive against Ukraine, Moscow has tried to build new partnerships across Asia, Africa and the Middle East, promoting itself as a bulwark against what it calls Western domination on the international arena. «Our country will continue to provide total support to our African friends in different sectors,» Putin said in a speech read out by Foreign Minister Sergei Lavrov to other foreign ministers and senior officials.

For many Olympians, winning gold is the dream come true, but a secure financial future soon becomes the dream once the Star-Spangled Banner is played and the tears are dry.

April 17 marks the 100 days countdown to the Paris Olympics ambitious opening ceremony

MOSCOW (Reuters) — Decisions on 60% of corporate loans issued by Russia's top lender Sberbank will be made using artificial intelligence (AI) by the end of this year, CEO German Gref said on Tuesday.

The Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.”

Narendra Modi and Russian President Vladimir Putin may be in pipeline this year. The venue and timings of the meeting are yet to be finalised while the two sides are in touch to finalise they meet, ET has learnt. The two last met at Samarkand in 2022 on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit sidelines.

Russian President Vladimir Putin lauded the recent G20 summit hosted by India as an unconditional success of Prime Minister Narendra Modi as he was able to depoliticise decisions at the mega event. “PM Modi was able to depoliticise the decisions adopted at the G20 and that was the right way. G20 was created to discuss economic issues, not political ones.

By Alexander Marrow

Russian President Vladimir Putin says that a landmark deal allowing Ukraine to export grain safely through the Black Sea amid the war won’t be restored until the West meets Moscow’s demands on its own agricultural exports

MOSCOW (Reuters) -President Vladimir Putin told Turkey's Tayyip Erdogan on Monday that Russia was open to discussions about the Black Sea (NYSE:SE) grain deal, an agreement that helped get Ukraine's grain to market and thus ease a global food crisis.

Danube River port infrastructure that is critical to Ukraine's grain exports, injuring at least two people in the attack on southern parts of the Odesa region on Sunday, Ukrainian officials said. The Danube has become Ukraine's main route for exporting grain since July, when Russia quit a U.N. and Turkey-brokered deal that had given safe passage to Kyiv's exports of grains, oilseeds and vegetables oils via the Black Sea. Sunday's attack took place the day before Russian President Vladimir Putin and his Turkish counterpart Tayyip Erdogan are due to hold talks in the Russian Black Sea resort of Sochi. Turkey has been pressing to revive the grain deal. Ukraine's South Military Command said on social media that at least two civilians were injured in the early morning attack on what it called «civil infrastructure of the Danube». The Ukrainian Air Force said air defence systems shot down 22 of the 25 Iranian-made Shahed drones launched by Russia.

(Reuters) -Russian drones hit Danube River port infrastructure that is critical to Ukraine's grain exports, injuring at least two people in the attack on southern parts of the Odesa region on Sunday, Ukrainian officials said.

Vladimir Putin will host his Turkish counterpart Recep Tayyip Erdogan on Monday, the Kremlin said, amid hopes the two can restore a deal ensuring safe passage for grain shipments. Russia pulled out from the UN-backed grain agreement that Turkey helped broker in July, effectively revoking safe navigation for civilian ships sailing through the Black Sea. «Negotiations will indeed take place in Sochi on Monday,» Kremlin spokesman Dmitry Peskov told reporters on Friday. Moscow's announcement came shortly after Ukraine said two more ships were sailing through a temporary corridor Kyiv had set up to ensure safe navigation. «Two vessels are sailing through a temporary corridor from Ukraine's Black Sea ports to the Bosphorus,» Infrastructure Minister Oleksandr Kubrakov said on social media.

Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month.

Former Olympic figure skater Alexandra Paul has died, according to Skate Canada. She was 31.

By Olena Harmash

Russia has appointed Chechnya’s agriculture minister as the new head of Danone’s business in the country and tapped a Russian businessman to run Carlsberg’s operations there, cementing control of the Western multinationals’ Russian assets days after they were seized. President Vladimir Putin on Sunday signed a decree that effectively placed the local operations of the French food company and Danish brewing giant under government management. Russia’s unexpected seizure of assets belonging to two of the world’s largest consumer-goods companies marked an escalation in economic hostilities with the West amid the war in Ukraine.

Armenian and Azeri leaders agreed "not to use force" to settle their disputes, following peace talks hosted by Russian President Vladimir Putin.