Russia Financial News

Russia's central bank digital currency (CBDC) project, the digital ruble, has taken a step closer to reality. On July 11, the lower chamber of the Federal Assembly of the Russian Federation, the State Duma, passed the digital ruble bill in the third reading. The legislation now moves to the assembly's upper chamber, the Federation Council, and if passed, the president's desk. 

Climate change was a distant threat. Allowing countries like China or Russia into the global economy was widely seen to be beneficial for both them and their Western trading partners. As the two countries grew they would surely adopt market economics and, ultimately, democracy.

Atrangii TV, a free-to-air Hindi general entertainment channel owned by Vibhu Agarwal, will air international language content dubbed in Hindi, with English subtitles for the audiences, starting 17 July. This will include Korean, Turkish, Russian and other international family drama series that will cater to female and male audiences in the 15 plus age group. While costs of content creation are skyrocketing, entertainment industry experts point out licensing and syndication can prove cheaper for companies.

a heat map for defence stocks. So, are defence stocks in Indiacurrently overvalued? To understand this, let's take a look at Israel. When the state of Israel was founded, the country desperately needed trading partners.

NATO's accusation that China challenges the bloc's interests and security, and opposed any attempt by the military alliance to expand its footprint into the Asia-Pacific region. In a strongly worded communique issued midway into a two-day summit in the Lithuanian capital of Vilnius on Tuesday, NATO said the People's Republic of China (PRC) challenged its interests, security and values with its «ambitions and coercive policies».

NATO leaders gathered Wednesday to launch a highly symbolic new forum for ties with Ukraine, after committing to provide the country with more military assistance for fighting Russia but only vague assurances of future membership. U.S. President Joe Biden and his NATO counterparts will sit down with Ukrainian President Volodymyr Zelenskyy in the new NATO-Ukraine Council, a permanent body where the 31 allies and Ukraine will sit as equals and be able to call crisis talks.

According to Global Firepower, a prominent data website specializing in defence-related information, the United States possesses the most powerful military force worldwide. Russia and China follow closely in second and third place, respectively, while India secures the fourth position.

The Russian tax body says that citizens “can pay” taxes on their crypto earnings, despite the fact that tokens have no legal status in the country.

Australian investors have been slower to invest in gold than their international peers – due in part to a perception the asset is only for those with “mega-bucks” – but they may be missing out on the precious metal’s counter-cyclical qualities.

Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – is bearish on the U.S. dollar after BRICS nations reportedly agreed to establish a gold-backed currency. 

Iga Swiatek to reach the Wimbledon semi-finals on Tuesday, just three months after returning from maternity leave. The world number 76 came through 7-5, 6-7 (5/7), 6-2 despite being a break down in both of the first two sets against the reigning US Open and French Open champion. Svitolina, also a semi-finalist in 2019, will take on Marketa Vondrousova of the Czech Republic for a place in Saturday's championship match.

The prime ministers of Poland and Japan have held talks on security, Russia’s war on Ukraine and the strengthening of business ties

The U.S. has imposed sanctions on the pro-Russian head of Serbian intelligence

Investing.com — Crude oil prices gained Tuesday, helped by growing expectations of more stimulus in China, the largest importer of crude in the world, as well as bullish OPEC comments regarding future demand.

nuclear weapon, they would find the weapons stored in a state of incomplete assembly," Korda said. "They would need to be completed by installing specialised equipment and then unlocking permissive action links, and in order to do that they would need the cooperation of someone from the 12th Directorate" responsible for protecting Russia's nuclear arsenal. The report said, Budanov was the first official to suggest that Wagner fighters came close to acquiring nuclear weapons and further escalating an armed mutiny that has been widely interpreted as the biggest challenge to Russian President Vladimir Putin's power.  Wagner fighters drove in the direction of Voronezh-45 after peeling away from a larger convoy of heavy weaponry that was advancing along the M4 highway that runs north from Rostov, where the rebellion began.

Alcaraz successfully advanced to the quarter-finals at Wimbledon, marking his first time reaching this stage of the tournament. While his match against Nicolas Jarry in the third round went to four sets, Alcaraz showed resilience by coming from behind to defeat former finalist Matteo Berrettini with a score of 3-6, 6-3, 6-3, 6-3. The match held particular significance as it brought together the previous two champions of the Queen's Club tournament. Alcaraz faced a notable challenge, but his rapid improvement on the surface was evident as he delivered a strong and impressive performance. Carlos Alcaraz is set to face Holger Rune, another 20-year-old player, in the upcoming Wimbledon men's singles quarter-final. This match holds special significance as it will be the first time in the Open Era that two players under the age of 21 will compete against each other at this stage of the tournament. Tennis fans can anticipate an intriguing showdown between these young talents.

TikTok, to shop. Besides its own stores and website, Apple already operates a shop on Alibaba Group's Tmall online marketplace. Apple also tried marketing its products on a livestream in China for the first time in May with an hour-long show.

Wages in the U.K. are rising at a record high rate amid stubbornly high inflation

Ukraine's Energy Minister says the catastrophic collapse of a dam in southern Ukraine has made Kyiv worried that Russia might stage an attack on the Zaporizhzhia nuclear power plant to foment panic and quell Ukrainian advances on the frontline

Indonesia’s top diplomat is warning of the threat posed by nuclear weapons, saying that Southeast Asia is “one miscalculation away from apocalypse” and pressing for world powers to sign a treaty to keep the region free from such arms

Chancellor Jeremy Hunt