Russia Financial News

JPMorgan Chairman and CEO Jamie Dimon and his family are planning to sell 1 million shares of the bank starting next year, according to a regulatory filing

Scores of protesters have gathered in the streets of Ukrainian cities to demand a cap of 18 months on mandatory military service

The European Union summit showed that Ukraine will be facing tougher times to get all the attention and political, economic and military aid that it wants

Hamas to get aid into Gaza, after hours of negotiations at a summit of the bloc in Brussels. The European Union has struggled for both unity and influence in the face of the crisis that has engulfed the Middle East since Hamas launched its bloody attack on Israel on October 7. The surge in bloodshed has divided Europe's attention at a time of rising doubts about the West's ability to keep supporting Ukraine in its fight against Russia. After five hours of talks, the leaders called for «continued, rapid, safe and unhindered humanitarian access and aid to reach those in need through all necessary measures including humanitarian corridors and pauses for humanitarian needs». They said the EU «will work closely with partners in the region to protect civilians, provide assistance and facilitate access to food, water, medical care, fuel and shelter». European Commission President Ursula von der Leyen insisted early on Friday there was «no contradiction between showing solidarity to Israel and, of course, acting on the need of humanitarian aid for the people of Gaza» after the leaders' talks ended. The 27-nation bloc has long been split between more pro-Palestinian members such as Ireland and Spain, and staunch backers of Israel including Germany and Austria. There has been strong condemnation of the Hamas attack, which Israel says killed at least 1,400 people and resulted in more than 220 people being taken hostage. But there was less consensus on urging any halt to Israel's retaliatory bombardment of Gaza, which the Hamas-run health ministry says has killed more than 7,000 people. The EU's call fell short of the demands from the United Nations for a «ceasefire», despite a last-ditch push from Spain to toughen the

Armenia is keen to learn from India on how to modernise legacy defence equipment of Soviet and Russian make and operate them alongside defence equipment from the West, a senior defence officer of the Caucasian country has said. «India possesses several Soviet and Russian make defence equipment.

Peter Kambolin, the former CEO of a Miami-based investment firm, Systematic Alpha Management LLC (SAM), pleaded guilty on October 11, 2023, to a fraudulent scheme involving cryptocurrency futures contracts, as announced by the United States Department of Justice (DOJ) on October 12. This marks a landmark case as it's the first criminal charge against a Commodities Trading Advisor and Commodities Pool Operator for engaging in a «cherry-picking» scheme concerning cryptocurrency futures contracts.

By Sabrina Valle

By Alexander Marrow and Elena Fabrichnaya

Romanian Air Force after thundering through the sky above the Fetesti air base, as NATO bolsters its military presence in member country Romania, bordering Ukraine. Following Russia's invasion of Ukraine in February 2022, NATO has stepped up its efforts to boost the alliance's southeastern flank defences by sending additional battlegroups to the region. NATO has also intensified its joint drills along the defence bloc's wider eastern flank — which encompasses eight member countries — spanning from Estonia and Latvia bordering Russia in the east to Romania and Bulgaria on the Black Sea. The most recent joint exercise in the region — held between October 16 to 20 — for the first time brought together French and Romanian airmen and their planes.

Tether, which issues the world’s largest stablecoin of the same name, says it has frozen 32 crypto wallets, containing $873,118.34 (€828,632.96), that were found to be linked to illicit activity in Israel and Ukraine. 

United Nations Secretary-General António Guterres revealed the establishment of a 39-member advisory committee aimed at tackling matters related to the global regulation of artificial intelligence (AI) on Oct. 26.

By Mike Stone

The Biden administration is meeting with China’s top diplomats this week to try to repair a relationship between the two superpowers that has grown rocky.

Have Indian equity markets decoupled? While the global equity markets have faced challenges, with declines of average 2.37% in last six months as against Nifty Fifty returns of 11.5%, India has managed to buck the trend and gain ground. The resilience and strength displayed by the Indian equity markets have led some to believe that they have decoupled from global trends.

Canadian Armed Forces (CAF) also needs to better incorporate “information operations” into their efforts to counter misinformation, and must co-ordinate with “other instruments of national power” during a time of so-called hybrid warfare.The document — which is not an official strategy or policy, but instead offers “guidance” — was released over the military’s internal communications network on Wednesday, and Global News obtained a copy through a source.It calls for a drastic reimagining of how the CAF views warfare ahead of the Liberal government’s long-awaited defence policy update, and while the CAF’s top brass are warning they are not prepared to properly address modern threats.The guidance document suggests that two adversaries — Russia and China — already believe themselves to be “at war” with Canada and its allies, and that those allies need to respond appropriately.“We must remember that Russia and China do not differentiate between peace and war,” Gen. Wayne Eyre, Canada’s Chief of the Defence Staff, wrote in the foreward to the document.“Their aim is not just regime survival, but regime expansion and a rewriting of the rules-based international order to their ends.

NEW DELHI : India’s plans to invest in a massive Rosneft project in Vostok have stalled as American consultants who conduct third-party studies and due diligence stay off the sanctions-hit Russian Federation, two officials aware of the development said. In November 2021, Mint reported about a consortium of state-run firms—ONGC Videsh Ltd (OVL), Indian Oil Corp. Ltd (IOCL) and Oil India Ltd (OIL)—completing the technical evaluation of 30 out of 52 licence areas of the Vostok project.

India, Iran and Armenia has the potential to balance the Pakistan-Azerbaijan-Turkey axis, which has gained momentum with several engagements between Islamabad and Baku this year. The first India-Iran-Armenia trilateral aims to connect Armenia with India via Iran, ET has learnt. During a meeting in the Armenian capital Yerevan this April, the three sides discussed economic projects and regional communication channels, outlined the prospects of deepening cultural and people-to-people contacts as well as trilateral cooperation in various fields. The three countries had then decided to «continue consultations» in the format, sources recalled. The trilateral meeting also discussed the use of the International North-South Transport Corridor (INSTC) as a regional connectivity initiative. Armenia, whose ties with New Delhi are acquiring strategic dimensions, has proposed the Persian Gulf-Black Sea corridor via Iran parallel to INSTC or part of a new branch of INSTC to connect Indian traders with Russia and Europe, sources said. Given the extensive experience of Indian companies in taking part in large-scale infrastructure projects abroad and India's interest in launching the India-Europe transport corridor route via Iran and Georgia, Armenia plans to start negotiations with India to discuss the involvement of Indian funding and Indian companies into the project.

By Gabriela Baczynska and Jan Strupczewski

(Reuters) — Goldman Sachs on Thursday launched an institute to offer its clients insights on geopolitics and technology, according to an internal memo seen by Reuters.

biggest energy producers, and countries like India, the biggest consumers. Crude oil prices had shot up more than three times during the 1990 Gulf War. In a wide-ranging conversation on ET’s The Morning Brief podcast with Arijit Barman Robert ‘Bob’ McNelly, Founder and President of Rapidan Energy, talks about the volatile energy economics and geopolitics. McNelly has seen conflicts from up close.

The European Central Bank is likely taking a break from interest rate increases