Russia Financial News

Kyiv Monday after being stuck in a Dutch museum for nine years, where they were on show when Russia seized the Black Sea peninsula in 2014. Ukraine hailed the arrival of the jewels in the midst of the Russian full-scale 2022 invasion as a victory for its «identity and freedom». The Scythian artefacts — some around 2,000 years old — were on loan to Amsterdam's Allard Pierson museum when they suddenly were at the centre of a geopolitical crisis following Russia's 2014 annexation of Crimea. Years of legal battles ensued, with both Kyiv and Moscow-controlled Crimean museums filing suits that the jewels should be in their hands, before the Dutch Supreme Court ruled this summer they should go to Ukraine. «After almost 10 years of trials, artefacts from four museums of Crimea… returned to Ukraine,» the National Museum of the History of Ukraine (NMHU) said on its website. «They will be kept in the NMHU until the de-occupation of Crimea,» it added. Their return comes 21 months into Moscow's offensive, and is a symbolic win for Ukraine, which has repeatedly vowed to retake Crimea.

United States and North Korea, the United Nations ambassadors of both countries engaged in a heated debate at the Security Council on Monday. As reported by Reuters, the contentious discussion focused on North Korea's recent launch of its first spy satellite and the escalating tensions in the region. After an absence of nearly six years, North Korea resumed sending its envoy to UN Security Council meetings concerning its nuclear and ballistic missile programs in July.

By Christian Kraemer

Russian crude. The region’s imports of diesel from India, one of the biggest buyers of Russian crude, are on course to soar to 305,000 barrels a day, the most since at least January 2017, data from market-intelligence firm Kpler show. While it’s not possible to say with certainty that the molecules originated in Russia — India also processes oil from elsewhere — Moscow’s deliveries have given Indian refineries the ability to produce abundant diesel and boost exports.

While it’s not possible to say with certainty that the molecules originated in Russia — India also processes oil from elsewhere — Moscow’s deliveries have given Indian refineries an ability to produce abundant diesel and boost exports. Arrivals into Europe in November include a rare shipment from Mumbai-based Nayara Energy Ltd., which imported almost 60% of its crude from Russia this year, according to Kpler. Reliance Industries Ltd., Europe’s top supplier of Indian diesel, draws more than third of its crude from Russia, the figures show. The surge in diesel imports from India also illustrates a fundamental shift in oil trading in the wake of the Kremlin’s war in Ukraine. A year ago, Russia was Europe’s top supplier of diesel, a fuel vital to the industrial and transport sectors. The European Union banned most seaborne imports of Russian crude in December and oil products in February.

(This Nov. 24 story has been corrected to add weekly loss data in paragraph 2 and show that there was no weekly oil price gain in the headline and paragraph 1)

By Paul Carsten

Write to Marcus Walker at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world

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Iran's navy on Monday added a destroyer capable of launching cruise missiles to its Caspian Sea fleet, state media reported. The 1,400-ton Deilaman destroyer, named for a town in north of Iran, is 95 metres (312 feet) long and 11 metres (36 feet) wide and is able to launch torpedoes while travelling at 30 knots (56 kph, 35 mph), the state-owned IRNA news agency said.

Joe Biden said he hoped the temporary truce between Israel and Hamas can go on as long as hostages are being released, after the militant group freed 17 more people, including a 4-year-old Israeli-American girl. Hamas said it wanted to extend the pause in fighting, which will enter its fourth day and final agreed day on Monday, if serious efforts were made to increase the number of Palestinian detainees released by Israel. Thirty-nine teenage Palestinian prisoners were released by Israel on Sunday, taking the total since the truce began to 117. Hamas said it had handed over 13 Israelis, three Thais and one with Russian citizenship, and the International Committee of the Red Cross confirmed it had successfully transferred them from Gaza on Sunday. Biden said the 4-year-old hostage, Abigail Edan, had witnessed her parents being killed by Hamas fighters during their Oct. 7 rampage into Israel and had been held since then. «What she endured is unthinkable,» Biden said at a news conference in the U.S. Abigail was on her way to the hospital for checks, Israel's Channel 13 said.

Facebook, Instagram and X — formerly known as Twitter — were popular with young Russians before the 2022 invasion of Ukraine, but have since been blocked in the country as part of a broad crackdown on independent media and other forms of critical speech. They are now only accessible via VPN.

Russia on Sunday put Meta Platforms spokesperson Andy Stone on a wanted list on unspecified charges as the US social media giant — which owns Facebook — is classed as "extremist" by Moscow. Russia has hugely cracked down on media and social media freedom since launching its Ukraine offensive last year and banning criticism of it.

Hamas released 17 hostages in Gaza, including a 4-year-old American girl, as part of a truce with Israel as Israel freed 39 Palestinian prisoners on the third day of the ceasefire. As reported by Reuters, the International Committee of the Red Cross facilitated the successful transfer of the hostages, consisting of 13 Israelis, three Thais, and one individual with Russian citizenship, according to Hamas. According to the Palestinian news agency WAFA, the release of the hostages - part of a larger group captured when Hamas fighters rampaged through southern Israel on Oct.

The OECD's Crypto-Asset Reporting Framework will require crypto platforms to share taxpayer information with tax authorities.The UK government says that the standard could potentially recoup hundreds of millions of pounds in lost revenue.“Today we are sending out a strong message that we will not allow criminals to use crypto to avoid paying their fair share,” says Financial Secretary to the Treasury, Victoria Atkins.The 48 signatories to the agreement encouraged other countries to join them.

KYIV (Reuters) -President Volodymyr Zelenskiy on Sunday thanked Ukraine's military for fighting Russian attacks and its rescue services for tackling the consequences of extreme winter weather that he said had deprived about 400 settlements in 10 regions of power.

Scores of hostages have been freed, and the pause in the fighting has also allowed humanitarian relief to reach thousands. This may not be the end of the conflict, which has claimed over 11,000 lives since Hamas’ 7 October terror attack. But how exactly did we get here? The truce was brokered by the United States, Qatar, and Egypt.

Crisil expects the Indian tea industry to witness an 8% decline in revenue this fiscal year. During FY23, India’s tea exports stood at $817.54 million. “Domestic demand, which accounts for 82% of sales volume, should remain steady at 1,100 million kg this fiscal.

Gaza Strip, reports said on November 26. Out of the four foreign hostages who have been released, three were identified as Thai nationals and one was identified as Russian. Their names were yet to be disclosed as an official statement was awaited.

Russian Ministry of Interior, saying, "Andy Mark Stone is wanted under an article of the Russian Criminal Code." "The database does not indicate the specific article for the search. It follows from the file in the Ministry of Interior’s database, Stone was repeatedly placed on the wanted list," the report added. In March 2022 the Russian investigative committee said it had opened a criminal investigation against the "illegal actions of Meta's employees".

By James Mackenzie