Russia Financial News

Russia alleged on Friday that Ukraine had used US-supplied rockets to kill women and children in a region of southern Russia, and said that Washington was to blame.

RIVNE, Ukraine—After Russia’s full-scale military invasion, Ukraine abruptly stopped buying nuclear fuel from Moscow, its top supplier in an industry that accounted for more than half of the country’s electricity generation. Now, a storied name in American industry is stepping in to keep reactors running, and offering other countries reliant on Soviet-designed power plants an alternative supplier. Westinghouse Electric, which for two decades struggled to challenge Russia’s dominant position in Ukraine, now makes fuel bundles that are compatible with all of the country’s reactors and is working on a plan that could allow Ukraine to start making some of that fuel itself.

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.

United States Bipartisan Commission on Biodefence have issued a stern warning to NASA to focus on stopping 'space viruses' that may pose a danger to humanity and put us again into a Covid-pandemic scenario. According to the latest report released by the Commission, NASA has been asked to switch its focus from 'aliens' to real threats like these space viruses.

World War 3? This pertinent question is looming large in the background with the US test-firing its hypersonic nuclear missile, which can hit any target in the Russian capital of Moscow in 30 minutes. US blasted off its unarmed Minuteman III intercontinental ballistic missile (ICBM) from Vandenberg Space Force Base in California Tuesday, reports 'The Mirror US'. Pentagon has taken this step weeks after Russian President Vladimir Putin warned that if the existence of his country is at stake, he would be forced to use a nuclear bomb.

Ukraine on Thursday ordered the evacuation of children and their guardians from several towns and villages in the eastern Donetsk region, where fighting with Russia is intensifying.

Diehl plans to further expand production of the IRIS-T medium-range air defence system, CEO Helmut Rauch told reporters at the ILA air show in Berlin on Thursday.

NATO nations «need to build more» military equipment to face up to the growing threat from Russia, the alliance's top general Christopher Cavoli told AFP Thursday.

With the Bharatiya Janata Party-led National Democratic Alliance winning a third consecutive term, Prime Minister Narendra Modi is all set to remain the longest-serving G20 leader after Russia’s Vladimir Putin and China’s Xi Jinping for five more years. As of 6 June 2024, Modi had served 3,664 days in office since being sworn in as India's prime minister on 26 May 2014. He is already the third-longest serving G20 leader, and will extend his record.

Vladimir Putin has portrayed himself as a defender of global stability, leading a powerful nation that offers a robust economic, military and cultural alternative to the West. One challenge to his vision: Russia’s population has been in decline for years, and the war in Ukraine has made matters worse. At least 150,000 Russians are dead on the battlefield, according to Western estimates.

China, according to a Hindustan Times report.In response to this, Canadian Prime Minister Justin Trudeau, in a statement, said that his government takes the issue of foreign interference "very seriously."Also Read | Nvidia hits $3 trillion in value as shares rise 5.2%, chip maker zooms past Apple as second-most valuable companyThe National Security and Intelligence Committee of Parliamentarians (NSICOP), consisting of MPs and senators with top security clearances, released the report amid worsening India-Canada relations, HT said.This comes amid escalating tensions between the countries after Trudeau last year alleged last year that Indian government agents were involved in the killing of Khalistani activist Hardeep Singh Nijjar, a claim New Delhi called "absurd", the paper added.Also Read | Bill Gates memoir 'Source Code' next year: Early years, nearly being kicked out of Harvard, Microsoft & more…The report also suggests that some Canadian MPs may have been influenced by foreign countries. Adding that these MPs may have acted inappropriately in their communications with foreign missions, attempted to "improperly influence" colleagues, and shared privileged information with foreign diplomats.

Moscow is edging closer to legalizing its fast-growing industrial crypto mining sector, following intensive lobbying from some of the biggest Bitcoin (BTC) miners in Russia.

Voters in the European Union are set to elect lawmakers starting Thursday for the bloc’s parliament, in a major democratic exercise that’s also likely to be overshadowed by online disinformation

Russia’s foreign minister has pledged more support to Burkina Faso in fighting militant groups as he presses his whirlwind tour of West Africa in an attempt to fill a vacuum left by the region’s traditional Western partners

SAINT-LÔ, France—On the evening of June 6, 1944, U.S. Air Force bombers appeared in the skies over this town in Normandy, targeting a command center of the occupying German army. The Americans had dropped leaflets warning civilians to evacuate, but the wind blew them astray.

BJP, having secured more than 272 seats on its own in both 2014 and 2019, was not concerned with political stability. However, in his first speech after the results on Tuesday, Modi emphasized that India would continue to look outward, seeking to integrate into global value chains and assist countries in need. For the world, Modi is someone they have engaged with for the past decade, someone they have done business with and hence predictable to work with.

election outcome has come against the market and exit polls estimates. The focus will now be on government formation, analysis of the election verdict by political parties and recalibration of policies. It is likely that support for consumption at the bottom of the pyramid will be considered to create inclusive growth. The markets will take their time to analyse these developments.

Just back from a visit to Ukraine, a U.S. Treasury official is describing a country whose wartime economy has proven resilient in the face of Russia’s invasion, and he says U.S. and allied budget assistance is designed to help Ukraine combat corruption...

Lok Sabha elections 2024 Results: June 4 is here, and people across the world have set their eyes on the clock as the biggest democracy is all set to get its new government. The year 2024 is packed with elections across several nations, and India's general election is one of the most crucial ones, as the new government will be formed amid intense geopolitical tensions and wide trade disruptions.

More than 9 million Russians own cryptoassets such as Bitcoin, Ethereum, and USD-pegged stablecoins, experts claim.

Kharkiv, Ukraine This wasn’t the easiest time to visit Ukraine’s second-largest city. The local power grid and infrastructure were taking serious hits as missiles and glide bombs struck the city from nearby Russian territory. “Double tap" attacks, by which Russians strike a civilian target and wait for first responders to rush to the scene before launching a second strike, were becoming more common.