Russia Financial News

23.08 / 21:01
Reuters Aviat Platform country social NOT Joe Biden says 'not surprised' by Wagner chief’s possible death
Joe Biden Wednesday said he was not surprised by reports that Russian Wagner chief Yevgeny Prigozhin may have died in a plane crash. Biden said not much happens in the country that President Vladimir Putin is not behind, Reuters reported.
23.08 / 19:31
Citi Reuters awards RBC Battlefield Inside Russia removes 'General Armageddon' as air force chief after mutiny-related disappearance
Sergei Surovikin, nicknamed "General Armageddon", as head of the air force after he vanished from public view during a Wagner mercenary mutiny against the top army brass, two Russian news outlets reported on Wednesday. A recipient of Russia's top military award, Surovikin is the most senior Russian military figure to lose his job over the June 23-34 mutiny, which President Vladimir Putin said could have tipped Russia into civil war. Wagner boss Yevgeny Prigozhin, who spearheaded the revolt, remains free and on Monday posted a video address which he suggested was shot in Africa. The two men Prigozhin had wanted to topple — Defence Minister Sergei Shoigu and Valery Gerasimov, chief of general staff — remain in their posts. Once commander of Russia's overall war effort in Ukraine when he was lauded by Russian and Western military experts as one of its most effective operators, Surovikin has not yet been publicly fired. However, Russian state news agency RIA cited an unnamed but «informed» source as saying: «Ex-chief of the Russian Air and Space Forces Sergei Surovikin has now been relieved of his post, while Colonel-General Viktor Afzalov, head of the main staff of the Air Force, is temporarily acting as commander-in-chief of the Air Force».
23.08 / 19:27
Blockchain NFT Opensea Bitcoin Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter
Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.
23.08 / 19:11
UPS FIVE Action Gap track country G20: India hopeful of reaching consensus on key trade areas
India is hopeful of a «good outcome document» and consensus among G-20 members on the five key areas of trade and investment at the two-day trade ministers' meet beginning Thursday. Commerce and industry minister Piyush Goyal said that the members are looking at reaching a consensus on a «Jaipur call for action». India has identified five priority issues-growth and prosperity, resilient global value chains, MSMEs, logistics, and World Trade Organization (WTO) reform-under its G-20 presidency from December 1, 2022 to November 30, 2023. «We have been able to come up with significant consensus amongst the member countries invoking a Jaipur call for action,» he said, adding that it will help promote industry, MSME sector, upgrade the global trade help desk, and bridge information gaps for MSMEs to help them expand their business and trade. Goyal was addressing the media at the G-20 trade and investment ministers' meeting in Jaipur on Wednesday. He said the members have deliberated on formulating high-level principles for digitalisation of trade and trade facilitation. «We are confident that tomorrow and day after ministerial meetings will come up with a concrete actionable outcome agenda, which will help the world withstand any future shocks,» he said. On WTO reforms, he said India wants the dispute settlement mechanism of the multilateral trade watchdog to work smoothly.Russia-Ukraine conflict shadow On the Ukraine-Russia conflict casting a shadow on the G-20 trade and investment track outcome, he said that there are realities on which consensus is not possible.
23.08 / 18:59
Wagner plane Wagner Group chief Prigozhin reportedly onboard deadly plane crash
Yevgeny Prigozhin, the head of the Russian mercenary Wagner Group who led an aborted revolt against President Vladimir Putin earlier this summer, was listed as a passenger on a private jet that crashed north of Moscow on Wednesday, Reuters, BBC and The Associated Press reported.
23.08 / 18:41
FIVE Waters Action Racing COMPOSITE country In giant leap, India steps on the moon
NEW DELHI : India on Wednesday carved its legacy in space history with the first soft-landing on the moon’s south pole, a tough terrain holding secrets that could one day aid human spacefarers. With this, the country joins the US, Russia and China, the world’s only other nations to have successfully landed on the lunar surface. Applause broke out at the command centre of the Indian Space Research Organisation (Isro) at 6:04pm as Chandrayaan-3’s Vikram lander module—named after Vikram Sarabhai, the father of space research in India—touched down on the south pole, where previous attempts have failed before.
23.08 / 18:41
FIVE Progressive Remark country Vladimir Putin congratulates India on successful Moon landing of Chandrayaan-3
ANI citingRussian government,Putin hassent a congratulatory message toIndia's President Droupadi Murmu and Prime Minister Narendra Modi for the successful Moon landing of the Chandrayaan-3 mission. “Please, accept my heartfelt congratulations on the occasion of the successful landing of the Indian space station Chandrayaan-3 on the Moon near its South Pole. This is a big step forward in space exploration and certainly a testament to the impressive progress made by India in the area of science and technology.
23.08 / 18:25
Binance regulation Binance Faces Criticism Over Alleged Transactions with Blacklisted Russian Lenders
Binance is facing criticism for its alleged involvement in facilitating transfers to and from blacklisted Russian lenders. 
23.08 / 18:25
Lawsuit lazarus group Atomic Wallet Investors Files Lawsuit For “Non Disclosure” Following $100 Million Hack
A number of Atomic Wallet investors have filed a class action lawsuit against the company over its failure to disclose information about the hack which resulted in $100 million.
23.08 / 18:09
Reuters Aviat Inside plane Russian mercenary chief Prigozhin listed as passenger on plane which crashed with no survivors - authorities
MOSCOW (Reuters) — Russian mercenary chief Yevgeny Prigozhin was listed as a passenger on a private jet which crashed on Wednesday evening north of Moscow with no survivors, the Russian authorities said.
23.08 / 17:55
Provident FIVE Cooper Action Align country voice China, Russia Deliver Broadsides Against the West at Brics Summit
Brics this week to air their grievances against Western powers, present themselves as defenders of developing economies and set out the case for an alternative international order. Russian President Vladimir Putin, addressing the South African summit by video, accused the West of provoking everything from the war in Ukraine and global inflation to hunger in the world’s most vulnerable countries by hampering Russian grain and fertilizer sales through sanctions.
23.08 / 17:49
Aviat Wagner plane Wagner boss Yevgeny Prigozhin killed in Russia plane crash
Moscow to St. Petersburg crashed Wednesday, killing all 10 people on board, Russian emergency officials said.
23.08 / 17:49
Twitter Progressive country Russian Prez Putin, UAE Vice Prez congratulate India on Chandrayaan-3's successful landing on Moon
India on Wednesday on the successful landing of Chandrayaan-3 on the Moon, saying the historic event is evidence of India's impressive progress in the scientific-technological sphere. President Putin has congratulated India's President Draupadi Murmu and Prime Minister Narendra Modi on the successful landing of the Indian space probe Chandrayaan-3 on the Moon near its South Pole, the Kremlin's press service said. «Please accept my heartfelt congratulations on the successful landing of India's Chandrayaan-3 space probe on the Moon near the South Pole.
23.08 / 17:41
COST UPS Waters Remark show country ‘India Is on the Moon’: Chandrayaan-3 Spacecraft Lands on Lunar South Pole
NEW DELHI—India successfully landed its Chandrayaan-3 spacecraft on the moon’s south pole Wednesday, days after a similar Russian mission ended when its probe crashed into the lunar surface. India is the first country to reach that part of the moon’s surface, an achievement expected to kick off a new era of space exploration. Scientists and engineers hope to tap water resources at the lunar south pole to facilitate missions to other parts of the solar system and future efforts for long-term settlements on the moon.
23.08 / 17:41
UPS FIVE Digital Action Gap country India for G20 unity on trade, investment
JAIPUR : India is hopeful that ministers from the world’s 20 biggest economies set to meet in Jaipur will be able to strike a consensus on key areas of trade and investment even as differences persist over the Ukraine war, commerce minister Piyush Goyal said on Wednesday. The two-day meeting of G20 trade and investment ministers begins on Thursday.
23.08 / 16:55
UPS Lowe's country What is a BRICS currency, and could one be adopted?
BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations. Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg. Officials and economists have pointed out the difficulties involved in such a project, given the economic, political and geographic disparities between Brazil, Russia, India, China and South Africa.
23.08 / 16:55
Twitter Digital Microsoft Platform TikTok Meta Platforms performer EU's Breton urges Big Tech to use new online content rules to restore trust
Meta Platforms, Microsoft, Twitter, TikTok and other tech giants should use EU online content rules that apply to them this Friday to restore trust and safety in their platforms, EU industry chief Thierry Breton said on Wednesday. The rules known as the Digital Services Act (DSA) require the companies to perform risk management, conduct external and independent auditing, share data with authorities and researchers and adopt a code of conduct. Obligations for the companies, which also include booking.com, Pinterest, Snap Inc's Snapchat, Wikipedia, Zalando and Alibaba's AliExpress are more onerous than others because they have more than 45 million users. These very large online platforms and very large online search engines have until Friday to provide their first annual risk assessment to the European Commission. «Complying with the DSA is not a punishment — it is an opportunity for these online platforms to reinforce their brand value and reputation as a trustworthy site,» Breton said in a statement. «Child protection will be an enforcement priority, as will be fighting disinformation, including pro-Russian propaganda, in particular as we are entering a period of elections in Europe,» he said. The DSA also forces the companies to be more transparent on their algorithmic processes, bots and targeted advertisements that amplify content and do more to tackle illegal, unsafe or counterfeit products sold on their platforms. Breton, who can hand out fines up to 6% of a company's global turnover for violations, said he would not hesitate to act. «My services and I will thoroughly enforce the DSA, and fully use our new powers to investigate and sanction platforms where warranted,» he said.
23.08 / 16:15
UPS Lowe's country analysts Saudi Arabia will likely roll over 1 mln bpd cut into October, analysts say
OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, agreed a broad deal in early June to curtail supplies until the end of 2024. Saudi Arabia at the time announced the additional voluntary cut which brought its oil production to a multi-year low of 9 million bpd. Earlier this month, Riyadh extended the voluntary cut into September, with the energy ministry saying that it could be «extended, or extended and deepened». «We think Saudi Arabia will extend the cut in full at least through October,» Richard Bronze, analyst at consultancy Energy Aspects said. «The kingdom is adopting a cautious approach after the weakness in oil markets over the first half of the year and will want to see global inventories significantly decline before starting to unwind the additional voluntary cuts,» he added. The Saudi energy ministry did not immediately respond to a request for comment. Brent oil prices in July were up 14% on the previous month, the biggest monthly increase since January 2022.
23.08 / 16:07
UPS Waters film Actor country star song Shah Rukh Khan pens sentimental tribute as Chandrayaan-3 makes historic moon landing
space endeavors, Chandrayaan-3 has successfully executed a soft landing near the moon's South Pole, marking a momentous event in the country's space history. Amid the flood of emotions that have swept over the internet, Bollywood icon Shah Rukh Khan found the perfect lines from one of his songs to encapsulate this historic moment. Drawing inspiration from "Chaand Taare," a song featured in his 1997 film 'Yes Boss,' Shah Rukh Khan expressed his sentiments.
23.08 / 16:01
COST Action show Exclusive-Insurers raise premiums for Black Sea tankers as tensions mount - traders
MOSCOW (Reuters) — Insurance companies have notified charterers of ships operating in Russia's Black Sea ports of an increase in additional payments known as «war risk premiums», four traders said.
23.08 / 15:57
Platform RIG show track country Oil: U.S. stocks down 6M barrels, output at new 3-year high
Investing.com — U.S. crude stocks fell by just over six million barrels last week, more than double the level forecast. But output of oil in the largest producing country hit new three-year highs, a government report showed on Wednesday, as supply-demand of the commodity remained volatile from persistent Saudi attempts to squeeze a market at a crossroads due to the sluggish economy in top importing nation China.

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