Russia Financial News

Secretary of State Antony Blinken says the U.S. has imposed a new round of sanctions targeting Russia over its invasion of Ukraine

By Patricia Zengerle

The recent surge in gold price is emblematic of its enduring status as a safe-haven asset, consistently bolstered by investor confidence. The catalyst behind this surge is the ongoing conflict in the Gaza Strip, which has escalated into a ground invasion by Israeli forces.

By Diana Mandia and Matteo Allievi

MOSCOW (Reuters) — Russia's dominant lender Sberbank reported on Thursday 411.4 billion roubles ($4.41 billion) in net profit in the third quarter and a return on equity (ROE) of 27.6% as it recovers from a difficult 2022.

Binance is planning to end its partnership with the payment provider Advcash, putting a stop to the ruble-based transactions, according to the Wall Street Journal. This move is in line with the crypto exchange’s ongoing strategy to exit the Russian market.

The Kremlin believes the number of crypto transactions conducted in Russia has risen by three times in 2023, with transfer volumes “doubling.”

Hawaii has been convicted of conspiracy, passport fraud and identity theft for stealing the names of dead babies.A jury in Hawaii deliberated for about two hours before handing down a guilty verdict to Walter Glenn Primrose and Gwynn Darle Morrison, who had been living under the names Bobby Fort and Julie Montague, respectively, for decades.Prosecutors argued during the trial that Primrose and Morrison assumed the stolen identities in order to dodge substantial debts they had accrued. Primrose went on to spend 20 years working for the U.S.

India and Bangladesh have launched two new railway links and a thermal power plant unit to strengthen connections and energy security in the region

Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! “Indian nationals wishing to open such a bank account are advised to approach an Indian bank that has a partnership agreement with the Central Bank of the Russian Federation for guidance," it said.

Web3 platform WalletConnect, which links cryptocurrency wallets, has restricted its services in Russia, in light of the latest US Guidelines.

Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP, have submitted their final bids to build the Czech Republic’s newest reactor at the Dukovany nuclear power station as the country strives to become more energy-independe...

Singapore’s defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the Israel-Hamas war would be devastating for the continent and it...

U.S. regulators have sued SolarWinds and its top security executive for fraud for allegedly concealing poor cybersecurity practices ahead of the Texas-based technology company's stunning hack by Russian spies

Samsung Electronics has reported its highest quarterly profit for the year

The last American President who tried to finance a war along with a new Great Society was Lyndon Johnson. It ended in inflation and retreat in Vietnam. President Biden now wants Congress to help allies win two wars abroad, and deter a third over Taiwan, yet he wants to continue spending on everything as if nothing in the world has changed.

Montreal were arrested in New York City Monday for allegedly conspiring to illegally ship $13.9 million worth of restricted technology to the Russian military.Some of the components that the Montrealers obtained through front companies later ended up in advanced Russian weapons systems and spying equipment found on battlefields in Ukraine, according to Breon Peace, the United States Attorney for the Eastern District of New York.Peace unsealed a criminal complaint that identified the two Montrealers who were charged in the case as Nikolay Goltsev, 37, and Kristina Puzyreva, 32.A third Russian man, Salimdzhon Nasriddinov from New York, was also charged.“These defendants are alleged to have illegally exported millions of dollars in electronics to support the Kremlin in its ongoing attacks of Ukraine,” said Ivan J. Arvelo, Special Agent in Charge of Homeland Security Investigations in New York.The charges follow a major probe by the Department of Homeland Security, the Federal Bureau of Investigation, U.S.

Cost of living Updates Nov 1 LIVE: The cost of living is basically the amount of money one needs to survive in a given place - to cover one's most essential needs such as food, water, housing, taxes, cost of commute and healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in common man's pocket.

A senior Russian politician has claimed that lawmakers want to bar private citizens from mining crypto – but will allow industrial miners to operate.

Investing.com — Crude prices fell hard for a second day in a row and looked poised to end October with double-digit losses as oil bulls who rushed to hedge against the Israel-Hamas war discovered to their disappointment that the rest of the market wasn’t prepared to assign a war risk premium to a trade simply unaffected by the conflict.

NEW DELHI : Taiwan may get a “representation" in the International Solar Alliance (ISA), said two people aware of the development, a move that underscores sharpened rivalry between India and China. Although Taiwan has sought membership of the alliance, ISA is unlikely to accord it full membership as it is not recognized by the United Nations. The ISA is the first treaty-based international government organization headquartered in India, and it has been a key part of India’s foreign policy outreach to the developing world.