Russia Financial News

Putin acknowledged on Monday that last week's deadly attack at a concert outside Moscow was carried out by Islamic militants, but suggested it was also to the benefit of Ukraine and that Kyiv may have played a role. Putin's remarks, to a Kremlin meeting devoted to measures taken in response to the attack, were delivered as France joined the U.S. in saying intelligence indicated Islamic State was responsible.

terrorist attack at the concert hall in Moscow was carried out by ISIS at Crocus, the United States said that there is no evidence that the Ukrainian government had anything to do with this attack. White House Press Secretary Karine Jean-Pierre said on Tuesday that this terrorist attack was conducted by ISIS and Russian President Vladimir Putin understands that.

Investing.com-- Oil prices rose slightly in Asian trade on Tuesday as expectations of tighter supplies were boosted by more output curbs in Russia, although the United Nations’ adoption of an Israel-Hamas ceasefire put a lid on gains. 

By Colleen Howe

France joined the US in saying intelligence indicated Islamic State was responsible. Alexander Bastrykin, head of Russia's Investigative Committee, told the Kremlin meeting that the death toll had risen to 139, with 182 people wounded. In this case, so far, four men of Tajik origin are remanded in custody on terrorism charges at Moscow's Basmanny district court on suspicion of carrying out the attack.

the Global Combat Air Program or GCAP, is based in the U.K. Japan hopes the new plane will offer advanced capabilities Japan needs amid growing tensions in the region, giving it a technological edge against regional rivals China and Russia. Because of its wartime past as aggressor and the devastation that followed its defeat in World War II, Japan adopted a constitution that limits its military to self-defense.

Gold staged a blinding comeback last week, surging to fresh all-time highs above $2,200 an ounce. The rally, which has added around 10% to gold’s value since mid-February, caught many market watchers off-guard. But for those of us who’ve stuck with the yellow metal through its ups and downs, the price action is the vindicating result of several powerful forces aligning in bullion’s favor.

Investing.com-- Oil prices settled higher Monday, driven by growing bets on tighter global crude supplies as Russia is reportedly set to cut oil output at a time when Ukraine continues to target the country's refineries. 

CommEx, the exchange that took over Binance’s operations in Russia in September 2023, has announced it is closing down and has stopped accepting deposits.

By Natalie Grover

The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank.

Ukraine's port of Odesa on Monday after a Russian air attack damaged one of the high-voltage facilities there, Ukraine's top energy provider DTEK said on Monday. "The situation remains difficult," DTEK said on the Telegram messaging app.

Also Read: Will the rise in crude oil prices impact the markets in the near term? Moreover, the recent surge in geopolitical tensions has further propelled oil prices upward. Notably, Ukraine's launch of drone attacks on Russian oil refineries, including Lukoil Nizhny, Rosneft Ryazan, and Surgut Kirishi, has caused partial shutdowns.

Estonia's defense officials say the U.S. Congress has passed a bill that involves a total of $228 million in military and defense aid to Estonia, Latvia and Lithuania this year under the Baltic Security Initiative

Suspects in the Russia concert hall attack, which left more than 130 dead, arrived at a Moscow district court on Sunday night.

External Affairs Minister S. Jaishankar emphasized the enduringly positive relationship between India and Russia, highlighting that both nations have consistently prioritized each other's interests. “I will ask myself...Has Russia helped us or harmed us?...

Methodology note: The tracker is a monthly summary of economic activity across nine large emerging markets based on seven high-frequency indicators: real GDP growth, manufacturing PMI, export growth, retail inflation, import cover, exchange rate movement, and stock market capitalization. Latest available data is used. On each indicator, the best-performing economy gets a score of 100, the worst one gets zero, and the others get linearly-interpolated relative scores. A country's composite index score is the simple average of its seven indicator scores. Earlier, the tracker had a 10th country, Russia, but it has been dropped temporarily as some data has not been reliably available since the Ukraine war began.

In the summer of the year 416 BCE, an Athenian naval fleet turned up on the island of Melos and demanded that its population submit to slavery. The Melians argued that since they had refused to side with Sparta—Athens’ main adversary in the ongoing conflict —and instead wished to remain neutral, it would only be right for the big powers to leave them alone.

At least 133 people were killed and scores injured in a terror attack in Moscow late on Friday. Four men opened fire indiscriminately in a concert hall, setting a part of it on fire.

France's government increased its security alert posture to the highest level Sunday after the deadly attack at a Russian concert hall and the Islamic State's claim of responsibility. French Prime Minister Gabriel Attal announced the decision in a post on X, saying authorities were «taking into account the Islamic State's claim of responsibility for the (Moscow) attack and the threats weighing on our country.» The announcement came after Presiden t Emmanuel Macron held an emergency security meeting prompted by Friday's attack in a Moscow suburb that killed more than 130 people. The attack was claimed by an affiliate of the Islamic State group. France has repeatedly been hit by deadly Islamic State attacks, including the Bataclan theater massacre in 2015 in which extremists opened fire on concert-goers and held hostages for hours. French troops have also fought against Islamic extremists in the Middle East and Africa.

Moscow concert hall that killed 137 people were remanded in custody Sunday, as Russia observed a national day of mourning following the attack claimed by the Islamic State. All four suspects have been charged with terrorism, according to Moscow's Basmanny district court, and face life imprisonment. Their detention is set until May 22 but may be extended depending on the date of their trial.