Russia Financial News
12.09 / 09:55
Provident
Reuters
Manufacturing
Simulation
Battlefield
show
country
Exclusive-Ukraine's Antonov turns to drones in response to Russian invasion
By Joanna Plucinska, Valerie Insinna and Max Hunder
12.09 / 09:23
FIVE
Fighting
awards
show
tax evasion
Nobel winner Maria Ressa acquitted of tax evasion though she faces 2 more legal cases
Nobel Peace Prize winner Maria Ressa has been acquitted of a final tax evasion charge though she still faces two remaining legal cases she believes the former Philippine president used to muzzle her critical reporting
12.09 / 07:45
Putin warns of economic strife should inflation rise uncontrollably
Vladimir Putin on Tuesday said increasing inflation had forced the central bank to hike rates to 12% last month, warning that Russia's economy would suffer if price rises were allowed to get out of control. Putin, speaking at the Eastern Economic Forum in Vladivostok, said he saw no problems with rouble volatility and said the authorities had a cache of tools to keep the currency and markets under control. The rouble hit its strongest level in almost six weeks against the dollar in early trade on Tuesday, buoyed by gradually increasing foreign currency sales by exporters and prospects that the central bank may hike rates again this week.
12.09 / 07:45
Facebook
Provident
Twitter
Cooper
Huawei
social
Power
China’s soft power investment in Caucasus region gains traction
China often uses official media as a tool of soft power. Although there is no local office of any Chinese state-owned media agency in the South Caucasus, CGTN, a channel of the China Media Group, has been presenting news and innovations related to China in Azerbaijani, Georgian and Armenian through social networks such as Facebook and Twitter since 2022. The main interest and attention of CGTN’s social media pages come from Azerbaijani and Armenian audiences.
12.09 / 07:45
FIVE
Platform
COMPOSITE
Align
country
Latin
reform
Mint Explainer: How is India pushing to reform the UN Security Council?
United Nations Security Council (UNSC). Among other things, India has called for the expansion of the permanent membership of the body, which currently includes only five countries. The reform of international institutions also featured prominently in deliberations at the G20.
12.09 / 07:13
Citi
Provident
SUN
cover
Inside
What is inside Kim Jong-un's special luxurious train? You will be stunned to know; here are details
Kim Jong-un embarked on a rare journey to meet with Russian President Vladimir Putin. He arrived in Russia aboard a distinctive bulletproof train known for its opulence.
12.09 / 07:03
Remark
Yellow
cover
audience
Standard
From Russia Standard vodka to lobsters; Sneak peek into Kim Jong Un's bulletproof train
BBC, Kim's preference for train travel during international trips is well-known, and he spent approximately 20 hours covering 1,180km on his slow-moving, green-and-yellow luxury train. Notably, the train's heavy armoured protection causes it to travel at a relatively slow speed of about 50km/h, much slower than modern trains.
12.09 / 07:03
UPS
Lowe's
Aviat
country
IOCL, BPCL, HPCL's gross refining margins to remain in the range of $9 to $10 bbl: CareEdge
crude oil production by 10 lakh barrels until December 2023. "In this backdrop, Indian refiners which are the key beneficiaries of cheaper Russian crude should still be able to clock GRMs of around $9-10/bbl in FY24 as the likely decline in their margins on processing Brent crude is expected to be offset by the significant expansion in margins on processing Russian crude which can even balance out the potential decline in supply of Russian crude in the near term. Also, with the onset of winter in Western countries, cracks for refined products are expected to improve from the existing levels, further helping the GRMs of Indian refiners," said CareEdge Ratings in its report.
12.09 / 06:11
Provident
Digital
Progressive
Platform
performer
social
Digital Fiats Will Help Us De-Dollarize, Claims Chinese Academic
Digital currencies will help China and its allies de-dollarize, a leading Chinese academic has claimed, as the nation continues to make CBDC progress.
12.09 / 04:43
Provident
country
North Korea's Kim Jong Un in Russia for talks with President Putin. What's on the agenda?
The train carrying North Korea leader Kim Jong Un has already arrived in Russia, RIA state news agency reported on Tuesday. The Russian agency, citing one of its correspondents in Russia's Far East, where Kim is expected, posted also a video of a train, with dark green and grey cars, moving forward and saying it was the train carrying the North Korean leader.
12.09 / 03:37
Citi
IPO
Citizens
Waters
Manufacturing
Enterprise
country
Kazakh President aim to join INSTC to make country Eurasian transit hub
Kazakhstan Kassym-Jomart Tokayev recently delivered an address, titled “Economic Course of a Just Kazakhstan,” detailing ambitious plans for economic reforms and a fresh economic trajectory for the nation. Tokayev also outlined plans to establish Kazakhstan as a major transit hub in Eurasia, focusing on key routes like the Trans-Caspian and the International North-South Corridor that connects Russia with India. Tokayev outlined various facets of the national agenda, underscoring the key economic tasks facing the government.
12.09 / 03:17
12.09 / 03:07
Provident
Cooper
Parke
SPY
show
country
Kim Jong Un heads to Russia. What do Pyongyang and Moscow want from each other?
Kim Jong Un arrived in Russia on Tuesday for a meeting with President Vladimir Putin that is likely to focus on Russia's desire to buy ammunition to refill reserves drained by its war in Ukraine. The meeting will also underscore deepening cooperation as the two isolated leaders are locked in separate confrontations with the U.S. In return for providing ammunition, North Korea will likely want shipments of food and energy and transfers of sophisticated weapons technologies. A meeting with Putin would be Kim's first with a foreign leader since North Korea closed its borders in January 2020. They met for the first time in April 2019, two months after Kim's high-stakes nuclear diplomacy with then-U.S.
12.09 / 02:21
12.09 / 02:17
Digital
Cooper
Extreme
Platform
Matthews
country
"Absolutely believe it was a success:" US on recently concluded G20 Leaders' Summit in Delhi
In a regular press briefing on Monday, the US State Department official spokesperson Matthew Miller told reporters, «We absolutely believe it was a success. The G20 is a big organisation.
12.09 / 02:07
COST
Provident
Platform
Assurant
Mobile
SpaceX
elon
Elon Musk's Starlink denial for Ukraine's Crimea operation sparks Pentagon inquiry
Elon Musk's decision to deny Ukraine access to Starlink internet services for a potential attack on Russian forces in Crimea last September has prompted discussions about the need for clearer language in future contracts with the US military, specifying how procured services or products may be employed in wartime scenarios. As per a report by AP, excerpts from a recent biography of Elon Musk, as reported by The Washington Post last week, disclosed that in September 2022, Ukrainian authorities had requested Starlink support for a potential offensive against Russian naval vessels stationed at Sevastopol, located in Crimea.
12.09 / 01:51
12.09 / 01:41
Provident
Reuters
show
country
Oil prices stable as market awaits data on inventories, economy
By Stephanie Kelly
12.09 / 01:21
COST
show
country
Oil prices steady near 10-mth highs with OPEC, CPI in focus
Investing.com-- Oil prices moved little in Asian trade on Tuesday as markets awaited forecasts on supply and demand from an OPEC report due later in the day, although optimism over recent supply cuts kept prices near 10-month highs.
12.09 / 01:13
Waves
Reuters
Cooper
country
North Korea's Kim Jong Un leads delegation of arms industry officials on visit to Russia
Also Read: Kim Jong Un Travels to Russia, His Bulletproof Train Spotted Ahead of Putin Meeting "The presence of Jo Chun Ryong indicates that North Korea and Russia will conclude some type of agreement for munitions purchases," said Michael Madden, a North Korea leadership expert at the Washington-based Stimson Center. Reuters reported that images released by state media depicted military honour guards and crowds of individuals in formal attire, including both dark suits and colourful dresses.
11.09 / 22:05
UPS
CEO
Celebrity
country
In India and Vietnam, Biden looks past differences on Russia and embraces imperfect partners
President Joe Biden has wrapped up a five-day diplomatic sprint through Vietnam and India that put a spotlight on complicated relationships he believes will be crucial for global stability
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