Russia Financial News

Russia has opened a criminal case against Ukrainian President Volodymyr Zelenskiy and put him on a wanted list, the state news agency TASS reported on Saturday, an announcement Ukraine dismissed as evidence of Moscow's «desperation». TASS reported that the Russian Interior Ministry database showed Zelenskiy was on a wanted list but gave no further details.

Metal stocks have been on a roll lately. The Nifty Metal index has been up significantly, with gains of over 50%, in the last one year. ETMarkets spoke to Sonam Srivastava, Founder & CEO of Wright Research, to understand the factors behind the rally and more. Edited excerpts:

One of the reasons why our economy's growing is because of you and many others. Why? Because we welcome immigrants," Joe Biden said at a Washington fundraising event, adding, “Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they're xenophobic.

Because we welcome immigrants," Joe Biden said at a Washington fundraising event, adding, “Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they're xenophobic. They don't want immigrants. Immigrants are what makes us strong," Joe Biden said.

monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether said in a statement on Thursday. Tether, a cryptocurrency pegged to the U.S. dollar, and blockchain analytics company Chainalysis have launched new tools to identify transactions associated with sanctioned entities and analyse the activity of major holders of the token, Tether said.

party candidate from Raebareli seat after days of suspense. But Garry Kasparov was not commenting on Jairam Ramesh's tweet but to a “random thought" by an X user. The user said that Garry Kasparov and Indian chess grandmaster Viswanathan Anand retired early and “didn’t have to face the greatest chess genius of our times." Responding to the post, Garry Kasparov said, "Traditional dictates that you should first win from Raebareli before challenging for the top!" followed with a laughter emoji.

A study by the nonprofit Brookings Institution says Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U.S. presidential election

₹6,551 per barrel on the multi commodity exchange (MCX). -US job growth slowed more than expected in April and the annual wage gain cooled, data showed on Friday, prompting traders to raise bets that the US central bank will deliver its first interest rate cut this year in September. -Analysts said that the economy is slowing a little bit.

Restaking protocol EigenLayer is handing out an extra 100 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.

Boeing has more parts trouble, but this time it doesn’t stem from manufacturing snafus or the 737 jet. The blame goes to Russia sanctions still rippling through the jet maker’s supply chain. In the opening days of Russia’s invasion of Ukraine, a maker of a temperature-regulating part for Boeing’s 787 Dreamliner ceased its Russian operations and shifted production west.

ballistic missile defences facing their first complex, high-stakes combat scenarios in Israel, the Red Sea and Ukraine will encourage militaries globally to invest in the pricey systems, experts say — and intensify missile arms races. Iran launched as many as 120 intermediate-range ballistic missiles at Israel on April 13, U.S. and Israeli officials say. U.S. SM-3 and Israeli Arrow interceptors destroyed nearly all of them, leaving drones and smaller threats to the Iron Dome system. In previous months, interceptors fired from U.S. Navy destroyers stopped Houthi anti-ship ballistic missiles, while in Ukraine, U.S.-made MIM-104 Patriot batteries have shot down advanced Russian Iskander and Khinzal missiles.

Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, as the Asian giant rebuilds its foreign relations after a prolonged absence during the Covid-19 pandemic. Xi will start the tour in Paris on Monday, meeting with French President Emmanuel Macron, who has been stressing the idea of European strategic autonomy from the U.S. On a visit to Beijing last year, Macron courted controversy by saying France would not necessarily always align with the U.S. in foreign policy, an apparent reference to American support for the self-governing republic of Taiwan, which China claims as its own territory to be annexed by force if necessary.

blamed “xenophobia" for stalling economic growth in Japan, China and India. His comment will be read with a lot of surprise, especially in India, as will his characterisation of India’s economic growth as “stalling", and clubbing it with the decidedly slow-growth club of China and Japan. Biden made the comment at a fundraising event for his 2024 re-election campaign, so it could be argued that it was for a domestic audience.

Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed.

Ukrainian energy workers are struggling to repair the damage from intensifying airstrikes aimed at pulverizing Ukraine’s energy grid

China and Russia to commit to the use of nuclear weapons by only humans and not technology supported by automatic systems such as Artificial Intelligence (AI), as per a report on Independent. Underlining the importance of it, Paul Deans who serves in the State Department’s Arms Control Division stated that the US has a clear commitment to this principle and was supported by Britain and France, in this regard. “We would welcome a similar statement from China and the Russian Federation” said Dean who is the Deputy Assistant Secretary in the Bureau of Arms Control, Deterrence and Stability.

The United States has imposed new sanctions on hundreds of companies and people tied to Russia’s weapons development program, as well as more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties

China on Thursday said it would take "necessary measures" after the United States announced fresh sanctions aimed at crippling Russia's military and industrial capabilities, punishing companies in China and elsewhere that help Moscow acquire weapons for its war in Ukraine. In a sweeping package announced on Wednesday, the US treasury department targeted nearly 300 entities in Russia, China and other countries accused of supporting President Vladimir Putin's invasion. «The Chinese side urges the US to stop smearing and containing China and stop wantonly implementing illegal and unilateral sanctions,» a foreign ministry spokesman said in a message to AFP.

The US Treasury’s Office of Foreign Assets Control (OFAC) took action against a developer at OKO Design Bureau on May 1, a Russia-based drone maker. OFAC sanctioned the developer and added three crypto addresses associated with the firm to the Specially Designated Nationals (SDN) list.

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.

Joe Biden has called two of his QUAD partners — India and Japan — and two of his adversaries — Russia and China — "xenophobic" nations, asserting that none of these countries, unlike the United States, welcome immigrants. «This election is about freedom, America and democracy. That's why I badly need you. You know, one of the reasons why our economy is growing is because of you and many others. Why? Because we welcome immigrants,» Biden told his supporters at a fundraiser here on Wednesday evening.