Russia Financial News

Rutte on Sunday told Ukrainian President Volodymyr Zelenskyy that the Netherlands and Denmark will give F-16 warplanes to Ukraine. Rutte, meeting with Zelenskyy at a Dutch air base, said the planes would be delivered once unspecified conditions are met. The announcement came minutes after Rutte and Zelenskyy inspected two gray F-16 jets parked in a hangar at the base.

Volodymyr Zelenskyy on Sunday vowed stern retaliation for a Russian missile strike in the center of the northern Ukrainian city of Chernihiv that killed seven people and wounded almost 150 others the day before. «I am sure our soldiers will respond to Russia for this terrorist attack. Respond tangibly,» Zelenskyy said in a video address published in the early hours of Sunday at the end of a visit to Sweden, his first foreign trip since attending a NATO summit in Lithuania last month.

Chandrayaan-3 is three days away from completing its onwards journey to the Moon. The spacecraft that carries the hopes of not just Indian Space Research organisation (ISRO), but also of the million Indians is scheduled to land on the Moon on 23 August.

Russia's first moonshot in nearly half a century has failed after its Luna-25 spacecraft spun out of control and smashed into the moon. Following are details about the mission and what its failure is likely to mean.

Russia's Luna-25 spacecraft which was launched with an objective to make soft-landing on the South Pole of the moon has crashed on the lunar surface, the space agency Roscosmos confirmed on Sunday. The Russian Space Agency said that the crash occurred due to a deviation between actual and calculated parameters of the propulsion manoeuvre which led Luna-25 to an unintended orbit resulting in collision with lunar surface.

The Hill. The interesting development in favouring an Indian-American businessman comes days after Tesla founder Elon Musk advocated for Ramaswamy. Further on Friday, Ramaswamy also vocalised his opinion on the ways to end the Russia-Ukraine war.

Agriculture stocks are beating their global peers this quarter as extreme weather, the war in Ukraine and rising protectionism drive up food prices. Exposure to the sector is a good hedge for inflation, some investors say.

Russia reported an «abnormal situation» Saturday on its moon-bound Luna-25 spacecraft, which launched earlier this month. The country's space agency, Roscosmos, said the spacecraft ran into unspecified trouble while trying to enter a pre-landing orbit, and that its specialists were analyzing the situation. «During the operation, an abnormal situation occurred on board the automatic station, which did not allow the maneuver to be performed with the specified parameters,» Roscosmos said in a Telegram post.

Chandrayaan-3 will make a soft landing on the Moon on 23 August (Wednesday) at around 5:45 PM (IST) in the evening. The Lander module of Chandrayaan-3, comprising Vikram lander and rover Pragyan will soft land on Moon where the speed will go down from 6000 km/hour to zero. Launched on 14 July 2023, Chandrayaan-3 underwent more than five manoeuvres so far.

As the world awaits for the ending of two friendly nations' race to moon, technical glitch in Russia's Luna-25 is feared to be a setback against India's Chandrayaan landing. On Saturday, Russia reported an “abnormal situation" on its moon-bound Luna-25 spacecraft, which was launched earlier in August. Russian space agency, Roscosmos, said the spacecraft faced an unspecified trouble while trying to enter a pre-landing orbit.

An "abnormal situation" occurred at Russia's Luna-25 spacecraft on Saturday as it was preparing to transfer to its pre-landing orbit, Russia's national space agency Roskosmos said. The Russian spacecraft is scheduled to land on the south pole of the moon on Monday, part of a big power race to explore a part of the moon which scientists think may hold frozen water and precious elements. "During the operation, an abnormal situation occurred on board the automatic station, which did not allow the manoeuvre to be performed with the specified parameters," Roskosmos said in a short statement.

USTR) Katherine Tai will visit India next week for the G20 Trade and Investment Ministers’ Meeting (TIMM), Washington said in a statement. On August 23-25, Tai will be in Jaipur for the TIMM where she would participate in G20 sessions on how enhanced multilateral trade can facilitate inclusive prosperity and increased global resilience. “She will also hold bilateral meetings with her counterparts on the margins of G20 events,” USTR office said in a statement. On August 26, Tai will meet with business leaders and hold bilateral meetings with government officials. India has identified five priority issues—growth and prosperity, resilient global value chains, MSMEs, logistics, and World Trade Organization (WTO) reform—under its G20 presidency from December 1, 2022 to November 30, 2023.

Chernihiv killed seven people and wounded more than 100 on Saturday, in what the UN called a «heinous» attack hours after President Vladimir Putin met Moscow's top army commanders. «It is heinous to attack the main square of a large city, in the morning, while people are out walking, some going to church to celebrate a religious day for many Ukrainians,» said Denise Brown, the UN's humanitarian coordinator for Ukraine. She was referring to the Orthodox holiday of the Transfiguration of the Lord which saw some in Chernihiv attending church services in the morning. «I condemn this repeated pattern of Russian strikes on populated areas of Ukraine… Attacks directed against civilians or civilian objects are strictly prohibited under international humanitarian law,» she added. Chernihiv, 150 kilometres (90 miles) north of Kyiv towards Belarus, has been largely spared from major attacks since the first months of Russia's invasion as fierce fighting rages in the east and south.

By Valentyn Ogirenko

Across the developing world, many countries are fed up with America’s dominance of the global financial system — and especially the power of the dollar

China's Foreign Ministry has confirmed that President Xi Jinping will attend next week's summit of the BRICS nations in Johannesburg, to be followed by a state visit to South Africa

Prosecutors say Austria’s former Chancellor Sebastian Kurz has been charged with making false statements to a parliamentary inquiry into alleged corruption in his first government, which collapsed in a scandal in 2019

NASA and other space agencies in recent years have detected traces of frozen water in the craters. As for Chandrayaan-3, the Indian space agency said the Moon mission's Lander Module has successfully undergone a deboosting (slowing down) operation taking it closer to the Moon, and that its health is normal.

Ranil Wickremesinghe on Saturday highlighted the need for a comprehensive review of Sri Lanka's national security strategy to chart a course devoid of entanglement in the emerging international rivalries and maintain neutrality in the Indian Ocean region. The review will include a broad range of factors, emerging economic trends and the impacts of climate change, Wickremesinghe said, addressing a Naval gathering in the southern district of Galle. The President has already appointed a team led by a retired Major General to report to the National Security Council for formulating contemporary security policies.

KYIV: Russia launched drone attacks against parts of northern, central and western Ukraine early on Saturday, damaging civilian infrastructure in at least two regions, Ukrainian authorities said. Kyiv's air force said the military shot down 15 of the 17 Iranian-made Shahed drones that had been launched, part of Moscow's campaign of regular air strikes against Ukraine.

KYIV: Ukrainian President Volodymyr Zelensky said Saturday that the Russian army had hit the central square of the northern city of Chernihiv including a theatre and a university, warning there are victims. Chernihiv lies some 150 kilometres (90 miles) north of Kyiv towards the border with Belarus.