Russia Financial News

Ukraine on Saturday morning launched another missile attack on Sevastopol in occupied Crimea, a Russian-installed official said, a day after an attack on the headquarters of Russia's Black Sea Fleet left a serviceman missing and the main building smoldering. Sevastopol was put on air raid alert for about an hour after debris from intercepted missiles fell near a pier, Gov.

Ukrainian President Volodymyr Zelenskyy entered the chamber of the House of Commons to give his historic address to Canadians.Zelenskyy appeared to wipe a tear away as he was met with a minute-long standing ovation before Trudeau gave his welcome speech emphasizing the “pivotal” moment facing the world, and pledging $650 million in new funding to support Ukraine over three years.In his speech, Zelenskyy focused on the necessity to “never submit to evil” and began by talking about the construction of the world’s first Holodmor monument in Edmonton in 1983.“At that time, Ukraine didn’t yet have memorials commemorating the victims of genocide of Ukrainians because Ukraine was under Moscow’s control,” Zelenskyy said.Zelenskyy said that in the past 40 years, a lot has changed. Ukraine gained independence and dozens of countries recognized the systemic starvation of Ukrainians by Russia as a genocide.“It is genocide, what Russian occupiers are doing to Ukraine,” Zelenskyy said.“It is not just about an ordinary conflict.

Expendables 4' or 'Expend4bles' jointly produced by Millennium Media and Lionsgate, made its debut as the sole new wide release on Thursday night, garnering $750,000 in preview showings. This action-thriller, featuring Jason Statham and Sylvester Stallone as elite mercenaries embarking on a daring mission, is anticipated to claim the top spot at the box office upon its official release. With an R rating, the film is projected to open with approximately $15 million, marking the lowest opening among all entries in the franchise. Some estimates suggest it could reach $17 million, surpassing the $15.8 million opening of «Expendables 3» in 2014. The series began with a bang as the original 'Expendables' kicked off with a $34.8 million opening in 2010, followed by «Expendables 2» in 2012, which started with $28.5 million. In comparison, 'Expendables 3' earned $875,000 in Thursday preview grosses back in 2014, as per reports. The latest installment, «Expendables 4,» reunites iconic stars such as Stallone, Statham, Randy Couture, and Dolph Lundgren, while introducing new additions like Megan Fox and Curtis «50 Cent» Jackson into the mix. Directed by Scott Waugh, the movie plunges this group of battle-hardened mercenaries into a mission fraught with Russian operatives and nuclear warheads. Although the film came with a hefty $100 million production price tag, it is expected to perform well in international markets, similar to its predecessors. 'Expend4bles', a Lionsgate release, has been rated R by the Motion Picture Association “for strong/bloody violence throughout, language and sexual material.” Running time: 103 minutes.

Russia’s Black Sea navy in the Crimean port of Sevastopol on Friday, and a major cyberattack interrupted internet services on the peninsula, Russian-installed officials said.Russia’s defence ministry said one serviceman was missing after the attack, revising its earlier statement that the serviceman had been killed.

Australia’s government has reported a $14.2 billion budget surplus for the last fiscal year

Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand. Brent futures were up 78 cents, or 0.84%, at $94.08 a barrel by 1443 GMT, while U.S. West Texas Intermediate crude (WTI) futures rose by $1.02, or 1.14%, to $90.65 a barrel. For the week, both benchmarks were relatively flat, after rising more than 10% in the previous three weeks on concerns about tight global supply. Russia's Transneft suspended deliveries of diesel to the key Baltic and Black Sea terminals of Primorsk and Novorossiysk on Friday, state media agency Tass said. Russia temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet states with immediate effect to stabilise the domestic fuel market, the government said on Thursday, without a specified end date. The ban will «bring new uncertainty into an already tight global refined product supply picture and the prospect that the impacted countries will be seeking to bid up cargoes from alternative suppliers,» RBC said in a note. Russian wholesale gasoline prices were down nearly 10% and diesel down 7.5% on Friday on the St.

Russia plans to increase budget spending by 25.8% to 36.6 trillion roubles ($383 billion) in 2024, Prime Minister Mikhail Mishustin said on Friday.Moscow is spending heavily on its armed forces as it prosecutes what it calls a «special military operation» in Ukraine, and social spending is also expected to increase as Russia holds a presidential election in March. Next year's planned budget spending is equivalent to around 20.4% of gross domestic product (GDP). The plans for next year envisage a small budget deficit, with revenues expected at 35 trillion roubles, Mishustin said in a televised government meeting. The government was discussing budget plans for the next three years.

Russia's Black Sea navy in the Crimean port of Sevastopol on Friday, causing a fire, local governor Mikhail Razvozhayev wrote on the Telegram messaging app. Separately, Russia's defence ministry said one serviceman was killed in the attack, while air defences had downed a total of five missiles. Razvozhayev said that although no further strikes were expected, locals were being urged to avoid the city centre where the navy building is located. Firefighters were at the site, he said, and some roads were closed. Razvozhayev said there were no civilian casualties or damage to civilian infrastructure. Crimea, which Russia seized and annexed from Ukraine in 2014, has been a frequent target of Ukrainian attacks in the course of the 19-month-old war. Russian-installed authorities said air defence downed another missile on Friday near the town of Bakhchysarai.

Lockheed Martin fighter jets have landed on a motorway for the first time, footage from the Norwegian military showed, a step that enables them to reduce vulnerable time on the ground in times of war. The two Royal Norwegian Air Force aircraft landed in Tervo, central Finland, on Thursday afternoon as part of a military exercise. Immediately after landing, refuelling was carried out with the engines running, a so-called «hotpit refuelling», the Norwegian military said, before the planes took off again. «Fighter jets are vulnerable on the ground, so by being able to use small airfields — and now motorways — (this) increases our survivability in war,» Major General Rolf Folland, chief of the Royal Norwegian Air Force, said in the statement. Finland, which joined NATO in April, shares a 1,300 km (810 mile) border with Russia. Norway is a founding member of the alliance. Another type of F-35, the F-35B which is able to land vertically, has landed on roads before.

ZURICH (Reuters) — The war in Ukraine has reduced economic growth and «considerably» pushed up inflation across Europe, the Swiss National Bank said in a study published on Friday, with worse effects still to come.

Spies: The Epic Intelligence War Between East and West. By Calder Walton. Simon & Schuster; 688 pages; $34.99. Abacus; £25 In June 1941 Josef Stalin received a warning from the NKVD, the forerunner of the KGB, that a Nazi attack on the Soviet Union was imminent.

Khalistani terrorist Hardeep Singh Nijjar. Sullivan emphasized that there will be no "special exemption" for actions like these, and the United States will uphold its fundamental principles. In response to a question about why the United States appears to be taking a different approach in addressing Russian aggression and bilateral issues with China and India, US National Security Advisor Jake Sullivan clarified that India is distinct from Russia and China.

KYIV (Reuters) -The first big ship carrying grain from a Ukrainian Black Sea (NYSE:SE) port has set sail since Moscow quit a deal in July to allow exports, a Ukrainian deputy prime minister said on Friday, part of Kyiv's campaign to break Russia's de facto blockade.

Brics (Brazil, Russia, India, China, and South Africa) nations on Thursday called for comprehensive reforms of the United Nations (UN) and advocated the inclusion of India, South Africa and Brazil in its Security Council (UNSC). At the last Brics Summit in Johannesburg, United Nations Secretary-General Antonio Guterres had supported such a move, warning that without such reforms, fragmentation of the UN body would be inevitable. The ministers recalled their national positions concerning the conflict in and around Ukraine as expressed at the appropriate fora, including the UN Security Council and General Assembly, and noted with appreciation relevant proposals of mediation and good offices aimed at peaceful resolution of the conflict through dialogue and diplomacy," the statement said. On the implementation of the 2030 Agenda for Sustainable Development, the nations’ further reaffirmed the call for donor countries to honour their Official Development Assistance (ODA) to developing countries, in line with the national policy objectives of recipients. The ministers announced the nations are exploring the establishment of an effective global governance framework with the aim to protect human rights and spur innovation and economic growth. The nations also called upon advanced economies to operationalise the fund on Loss and Damage at the upcoming COP28 environmental meet in Dubai. The fund was touted as a historic breakthrough in negotiations at last year's COP27 meet, and aims to provide financial assistance to nations most vulnerable and impacted by the effects of climate change. But differences have since erupted over which nations can access it, with reports that India may not be able to benefit from it. The ministers

South Africa will host a meeting of nations participating in the U.S. Africa Growth and Opportunity Act despite earlier calls to exclude the country from the forum due to its ties to Russia and the docking of a sanctioned Russian vessel near Cape Town ...

Turkey's central bank has raised its key interest rate by 5 percentage points to 30%

Read more of our recent coverage of the Ukraine war As he headed to NATO’s gathering in Vilnius, a tetchy Volodymyr Zelensky called it “unprecedented and absurd" that Ukraine was apparently not being given a clear promise of speedy membership of the alliance. If that was meant as a last-ditch attempt to twist arms, it failed. The final communiqué, as he feared, refers to a need for conditions to be met and for allies to agree, even as it avoids dates and timelines.

Ukraine, President Joe Biden has announced as he hosted his Ukrainian counterpart Volodymyr Zelenskyy at the White House and vowed to defend the war-struck country from Russian aggression. The White House meeting on Thursday was the sixth in-person meeting between the two leaders. «Mr.

UN Security Council resolutions that ban any weapons trade with North Korea. Russia, a permanent member of the UN Security Council, voted for those UN resolutions.

Biden assured Ukrainian President Volodymyr Zelenskiy on Thursday that strong U.S. support for his war to repel Russian invaders will be maintained despite opposition from some Republican lawmakers to sending billions more in aid. Biden and Zelenskiy held a war council in the White House East Room as part of a blizzard of appearances the Ukraine leader made looking to bolster U.S.

By Yuka Obayashi