Russia Financial News

The White House says it is preparing additional “major sanctions” on Russia in response to opposition leader Alexei Navalny’s death in an Arctic penal colony

Estonia’s domestic security agency says it has detained 10 people on suspicion of sabotage, spreading fear and creating tension as part of a coordinated “hybrid operation” by Russia’s special services

Russian President Vladimir Putin has gifted North Korean leader Kim Jong Un a Russian-made luxury limousine for his personal use in a sign of their special relationship

An Amsterdam court has rejected Russia’s final argument in a years-long legal battle over a $50 billion arbitration award

Japan has pledged long-term commitment to Ukraine’s reconstruction, calling it a future investment, while stressing support for the war-torn country about to mark the second anniversary of Russia’s invasion

unblocked" about half an hour later. Accounts of Navalny’s aides, such as spokesperson Kira Yarmysh, did not appear to have been affected. ALSO READ: Vladimir Putin critic passes away in Russian prison — Who was Alexei Navalny? It was not immediately clear why Navalnaya’s account was briefly suspended.

(Reuters) — Ukraine's state arms producer has entered into cooperation with Germany's MBDA Deutschland, part of a missiles joint venture owned by Airbus, BAE Systems (LON:BAES) and Leonardo.

Russia has never hurt India’s interests and everyone conducts a relationship based on their past experiences, was External Affairs Minister S Jaishankar’s straight reply to German economic daily, Handelsblatt. “…The relations of powers like Europe, the US, China or Japan with Russia, they have all seen ups and downs. We have had a stable and always very friendly relationship with Russia. And our relationship with Russia today is based on this experience. For others, things were different, and conflicts may have shaped the relationship. We, on the other hand, had a politically and militarily much more difficult relationship with China, for example,” Jaishankar said, adding,” My point is: just as I do not expect Europe to have a view of China that is identical to mine, Europe should understand that I cannot have a view of Russia that is identical to the European one. Let us accept that there are natural differences in relationships.” The interview was conducted during Jaishankar’s recent visit to Munich.

Hungary's ruling Fidesz party proposed on Tuesday that parliament should vote to ratify Sweden's bid to join NATO on Feb. 26, a move that it would support. «Our group wishes to support» Sweden's NATO bid, the Fidesz party said in a document, asking the Speaker of parliament to include the vote in its agenda next Monday. Fidesz has a huge majority in parliament. Sweden applied to join NATO nearly two years ago, in a historic shift in policy prompted by Russia's full-scale invasion of Ukraine.

BitRiver, Russia’s biggest industrial crypto mining firm, has announced it is building a new 100MW data center in Eastern Siberia.

Elon Musk has chipped into the online discourse on the United States government's financial package to Ukraine, with recent his posts on self-owned social media site X suggesting that he supports calls for a ceasefire in the Russia-Ukraine war and the allocation of funds towards American infrastructure projects instead. Replying to multiple user opinions on venture capital founder David Sacks' thread on the subject on X, Musk said a peace deal should have been "done a year ago", adding that Russia looks poised to win the war with Ukraine. Also Read | Russia-North Korea ties: Vladimir Putin gifts ‘luxury car’ to Kim Jong Un Responding to an X user who wrote: "It is time for a ceasefire and peace talks between Ukraine and Russia.

Vladimir Putin has gifted a Russian-made car to North Korean leader Kim Kim Jong Un, showcasing the special bond between the two leaders, Yonhap News Agency reported, citing state media. The gift demonstrates a "clear demonstration of the special personal relations between the two leaders and as the best one," Yonhap News Agency reported, citing Korean Central News Agency (KCNA). Russia has conveyed information about gifting the vehicle to the secretary of the ruling Worker's Party of Korea and the North Korean leader's sister Kim Yo-jong.

Lula da Silva's comparison of Israel's military campaign in Gaza to the Holocaust has unleashed a diplomatic firestorm, with Brazil recalling its ambassador Monday and Israel declaring Lula «persona non grata.» The row erupted the day before when Lula said the ongoing conflict in the Gaza Strip «isn't a war, it's a genocide,» and compared it to «when Hitler decided to kill the Jews.»

Russia’s Sokol crude — meant for delivery to India — are sitting on tankers idling off the coasts of Malaysia and South Korea. They show little sign of moving. Twelve tankers are anchored, holding the key Russian crude grade. Most haven’t moved far for more than a month, vessel tracking data compiled by Bloomberg show. The build-up started when ships carrying the crude to ports around the Indian coast came to a halt late last year and then turned back towards the South China Sea as December drew to a close. Since then, the stranded shipments have been added to at a rate of about two new cargoes a week.

Russian investigators have yet to determine the official cause of opposition leader Alexei Navalny's death, his spokeswoman said on Monday, after prison authorities said he suddenly dropped dead following a walk in the «Polar Wolf» penal colony. Navalny's death robs Russia's disparate opposition of its most charismatic and courageous leader as President Vladimir Putin prepares for an election that will keep him in power until at least 2030.

More people are using crypto in Russia than ever before, a leading Moscow-based academic has claimed.

Canada will donate more than 800 drones to Ukraine that will help its military forces detect and identify targets as it continues to fight Russia’s invasion, Defence Minister Bill Blair announced Monday.

Cryptocurrency proponent and whistleblower Edward Snowden ignited controversy on Sunday when he labeled Bitcoin “the most significant monetary advance since the creation of coinage.”

As we welcome the year 2024, it’s important to recognise its unique significance in the global political landscape. This year marks a pivotal moment, as 50 nations, including key players like the United States, United Kingdom, Russia, South Africa, and India, embark on the critical process of electing new governments. The democratic exercise of elections not only embodies the foundational principles of democracy but also exerts a profound influence on the corporate sector. The stability and predictability offered by consistent governmental policies are indispensable for fostering long-term economic growth.

MOSCOW (Reuters) -Russian President Vladimir Putin gave approval on Monday for HSBC to sell its Russian unit to privately-owned Expobank, paving the way for the British lender to extricate itself from the Russian market after months of negotiations.

By Doina Chiacu