Russia Financial News

The U.S. ambassador to Vietnam says U.S. arms manufacturers could help the southeast Asian country build up its armed forces

Siddiq, whose ministerial brief includes stamping out corruption in the UK's financial sector, is alleged to have brokered a deal with Russia in 2013 that inflated the price of a new nuclear power plant in Bangladesh at a time when Siddiq's aunt, Sheikh Hasina, was prime minister of the country, according to court document seen by the Daily Mail. The probe is part of a wider investigation into Siddiq's family by Bangladesh's Anti-Corruption Commission (ACC), after her aunt was ousted as prime minister and forced to flee the country in August this year.  Tulip Siddiq: FCA 'has gone too...

The U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons

Subscribe to enjoy similar stories. Russian President Vladimir Putin appeared in no hurry to seek an end to the war in Ukraine during his annual set-piece television event Thursday, seeking instead to project Russia’s strength despite President-elect Donald Trump’s stated goal of achieving a quick peace. The carefully choreographed question-and-answer session saw Putin field queries from chosen media sources and ordinary Russian citizens, during which he repeatedly portrayed Russia as resistant to the effects of the conflict, which is now nearing the three-year mark.

Athos Salome, a 36-year-old Brazilian parapsychologist widely known as the “Living Nostradamus,” has gained attention for his unsettling predictions about future global crises. In a recent interview with The Daily Star, Salome issued a dire warning about an impending World War III, one that he claims will be fought not on traditional battlefields but through technology and global systems collapse. Salome, who previously predicted major events like the COVID-19 pandemic, Elon Musk’s acquisition of Twitter (now rebranded as X), and the passing of Queen Elizabeth II, believes humanity is on the verge of a pivotal shift in modern warfare. He predicts that by the end of 2024, signs of this unconventional conflict will emerge, marked by a “technological war.” “This is not just a war of men but of machines,” Salome told The Daily Star. His forecast highlights the increasing reliance on advanced technologies in conflicts and suggests a significant transformation in how nations confront each other during times of war.

China has maintained its substantial military presence along the Line of Actual Control (LAC) with India since the Galwan Valley clash in June 2020, according to the latest Pentagon report released on Wednesday. Despite some troop disengagements in certain areas, the People's Liberation Army (PLA) has not scaled back its positions or numbers. «PLA has not drawn down its positions or troop numbers since the 2020 clash and has built infrastructure and support facilities to maintain multiple brigade deployments along the LAC,» the report states. The Pentagon's annual assessment indicates that China has kept approximately 120,000 troops stationed along the 3,488-km-long LAC, which stretches from Ladakh to Arunachal Pradesh. In addition to the soldiers, the PLA has stationed heavy weapon systems, including tanks, howitzers, surface-to-air missiles, and other advanced military equipment. The report further highlights that over 20 combined arms brigades (CABs) remain in forward locations across the western, middle, and eastern sectors of the LAC.

Subscribe to enjoy similar stories. It isn’t often that an Indian athlete prevails over a Chinese competitor, but that happened last week in Singapore. Eighteen-year-old Indian grandmaster Dommaraju Gukesh became the youngest-ever undisputed world chess champion by defeating 32-year-old Ding Liren of China in the final game of a 14-game championship.

China Sea to Himalayan frontiers, Beijing’s methodical approach has left neighbouring countries scrambling to respond. China shares its border with more than a dozen countries and it has had border disputes with at least six of them over the past few years. On its border disputes with its neighbors, China has mostly gone unchallenged, gradually pushing its salami-slicing strategy forward. But 2024 was a turning point: India was the first country in past few decades to decisively stop China in its tracks and refuse to yield to its tried-and-tested game. India’s resistance proved to be a firm message that China’s expansionist ambitions can't always go unchecked.

Subscribe to enjoy similar stories. For more than two years, Russia’s expanding war economy fueled consumer spending and juiced company profits. But latterly, the conflict has pumped up inflation and interest rates, pummeling bottom lines and leaving a trail of disgruntled Russian oligarchs and executives in its wake.

Subscribe to enjoy similar stories. The Indian textile industry plays a pivotal role in the nation’s economy. The sector contributes 2.3% to India’s GDP and generates 10.5% of export revenue, according to India Brand Equity Foundation.

Mayor of Kingstown will return for a fourth season. Paramount+ announced the renewal after Season 3’s explosive finale earlier this year.

Regarding our current predicament with our neighbours on the continent, I realize it risks a rebuke from Elon Musk to say so but if Americans had elected Kamala Harris last month, we would not currently be in a national panic about access to the U.S. market, and no one within 100 miles of the White House would be making sophomoric jokes about “Governor Justin Trudeau” of the “Great State of Canada.”

“The Ministry of Defense of Russia must be ready for any development of events, including a possible military conflict with NATO in Europe in the next decade,” Belousov said. The comments by the Putin minister came as US-President elect Donald Trump has called for a rapid end to the fighting. “We’re trying to get the war stopped, that horrible, horrible war that’s going on in Ukraine, Russia, Ukraine. We’re going to get a little progress, it’s a tough one, it’s a nasty one, it’s nasty," Trump had said.

Subscribe to enjoy similar stories. Just after 6 a.m. Tuesday, an explosion shattered the morning quiet on a residential street in Russia’s capital.

Georgia’s outgoing president wants the European Union to press her country’s pro-Russia government to hold a new election

Inflation in the U.K. has risen to its highest level since March

Svetlana Dali certainly is tenacious.The alleged Delta Air Lines stowaway is, once again, making headlines — this time for trying to sneak her way into Canada, reportedly cutting off her ankle monitor before boarding a Greyhound bus to the Great White North.Dali, a 57-year-old Russian national, was taken into custody in Paris late last month after she snuck onto a Delta Air Lines flight at New York’s JFK International Airport without a boarding pass on Nov. 26 and flew all the way to Charles de Gaulle Airport in Paris, apparently concealing herself by spending long periods of time in the plane’s multiple bathrooms.She was detained when authorities discovered she didn’t have a valid visa to enter the country, French National Police said at the time.After two unsuccessful attempts to deport her back to the U.S.

Subscribe to enjoy similar stories. Since the Soviet Union collapsed, a good quarter of Moldovans—no one knows the figure for sure—have chosen to build new lives abroad. Two decades ago roughly half of such emigrants used to headfor jobs in Russia, whichhad ruled them from 1944 to 1991; the other half tried their luck in western Europe.

Lieutenant General Igor Kirillov, who was chief of Russia's Nuclear, Biological and Chemical Protection Troops, was killed outside an apartment building along with his assistant when a bomb hidden in an electric scooter went off, Russia's Investigative Committee, which probes serious crimes, said. An SBU source confirmed to Reuters that the Ukrainian intelligence agency had been behind the hit. «The liquidation of the chief of the radiation and chemical protection troops of the Russian Federation is the work of the SBU,» the source said.

European Union regulators are investigating whether TikTok breached the bloc’s digital rulebook by failing to deal with risks to Romania’s presidential election