Russia Financial News

30.11 / 07:39
COST Provident Target Platform Strategy testing Stealth destroyer to be home for 1st hypersonic weapon on US warship
US Navy is transforming a costly flub into a potent weapon with the first shipborne hypersonic weapon, which is being retrofitted aboard the first of its three stealthy destroyers. The USS Zumwalt is at a Mississippi shipyard where workers have installed missile tubes that replace twin turrets from a gun system that was never activated because it was too expensive. Once the system is complete, the Zumwalt will provide a platform for conducting fast, precision strikes from greater distances, adding to the usefulness of the warship. «It was a costly blunder but the Navy could take victory from the jaws of defeat here, and get some utility out of them by making them into a hypersonic platform,» said Bryan Clark, a defense analyst at the Hudson Institute. The US has had several types of hypersonic weapons in development for the past two decades, but recent tests by both Russia and China have added pressure to the US military to hasten their production.
30.11 / 02:53
UPS Provident Progressive Food rights Sporting chess Viswanathan Anand is creating an academy of grandmasters
Subscribe to enjoy similar stories. One of the things that has surprised Viswanathan Anand about young chess players now is they order everything, including food, online. As a touring chess pro for about four decades, he looked forward to going out at meal times during competitions, which provided a relief from the intensity of being bent over a chess board for hours.
30.11 / 02:47
markets Digital Strategy Experts country North Korea's Kim Jong Un, Russian minister agree to boost military ties
The United States and South Korea have accused the nuclear-armed North of sending more than 10,000 soldiers to help Russia fight Ukraine, with experts saying Kim is eager to gain advanced technology, and battle experience for his troops, in return. Kim, who met Belousov on Friday, blasted the recent decision by Western powers to permit Kyiv to strike inside Russia with their weapons, saying it constituted a «direct military intervention in the conflict», according to KCNA.
30.11 / 02:47
markets Digital security War country International North Korea's Kim Jong Un vows steadfast support for Russia's war in Ukraine
Kim Jong Un vowed his country will «invariably support» Russia's war in Ukraine as he met Russia's defense chief, the North's state media reported Saturday. A Russia military delegation led by Defense Minister Andrei Belousov arrived in North Korea on Friday, amid growing international concern about the two countries' expanding cooperation after North Korea sent thousands of troops to Russia last month. The official Korean Central News Agency said that Kim and Belousov reached «a satisfactory consensus» on boosting strategic partnership and defending each country's sovereignty, security interests and international justice in the face of the rapidly-changing international security environments in a Friday meeting.
30.11 / 02:47
markets Citi Target Digital Fighting War What to know about sudden rebel gains in Syria's 13-year war and why it matters
It was the first opposition attack on Aleppo since 2016, when a brutal air campaign by Russian warplanes helped Syrian President Bashar Assad retake the northwestern city. Intervention by Russia, Iran and Iranian-allied Hezbollah and other groups has allowed Assad to remain in power, within the 70% of Syria under his control. The surge in fighting has raised the prospect of another violent front reopening in the Middle East, at a time when U.S.-backed Israel is fighting Hamas in Gaza and Hezbollah in Lebanon, both Iranian-allied groups.
30.11 / 02:17
markets Citi Fighting Strategy Experts PAM Jihadists, allies breach Syria's second city in lightning assault
The fighters took control of «half of the city of Aleppo» as regime forces withdrew, according to the Syrian Observatory for Human Rights. The offensive began on Wednesday, the same day that a fragile ceasefire took effect in neighbouring Lebanon between Israel and Iran-backed militant group Hezbollah.
30.11 / 01:35
markets Strategy President PAM country testing Senior Russian diplomat says possibility of new nuclear tests remains open question
«This is a question at hand,» Deputy Foreign Minister Sergei Ryabkov told TASS news agency when asked whether Moscow was considering a resumption of tests. «And without anticipating anything, let me simply say that the situation is quite difficult. It is constantly being considered in all its components and in all its aspects.»
30.11 / 01:35
MET Action WhatsApp President rights North Korea leader Kim Jong Un: Russia has right to exercise self defence against Ukraine
Kim Jong Un told Russian defence minister Ukraine's use of long-range weapons is the result of direct military intervention by the United States and Moscow is entitled to take action in self-defence, state media said on Saturday. Kim met Russian Defence Minister Andrei Belousov on Friday and said «the U.S. and the West made Kyiv authorities attack Russia's territory with their own long-range strike weapons» and Russia should take action to make «hostile forces pay the price,» KCNA news agency said. Kim pledged to expand ties with Russia in all areas including military affairs under the comprehensive strategic partnership he signed with Russian President Vladimir Putin in June, which includes a mutual defence agreement, KCNA said.
29.11 / 20:07
UPS economy Trade War shock International The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other
29.11 / 17:15
markets Waters Experts reports travelers Investigations Chinese ship's big sabotage, cuts undersea cables connecting Finland and Sweden to Central Europe; NATO warships surround it, here's how it went about damaging it
Yi Peng 3, reported Tom’s Hardware. According to Tom’s Hardware, the ship which was actually traveling from Russia to Egypt and was loaded with fertilizer allegedly dropped its anchor in Swedish waters while severing the BCS East-West Interlink cable and then damaging the C-Lion1 cable between Finland and Germany the following day. The investigators noted that the ship dragged its anchor for over 100 miles while raising suspicions about the captain's awareness of the incident specifically since the ship's transponder was turned off during this time.
29.11 / 17:15
markets Photos Experts PAM social reports Relationships Is Putin's alleged love child living as a DJ in Paris? Here's all you need to know
Luiza Rozova or Elizaveta Olegovna Rudnova, was tracked using leaked airline records.
29.11 / 12:15
markets Digital security Strategy Experts PAM UK intelligence chief accuses Russia of 'staggeringly reckless' sabotage campaign
MI6 chief Richard Moore said his agency and its French counterpart were working together to prevent a dangerous escalation by «calibrating the risk and informing the decisions of our respective governments» in response to President Vladimir Putin's «mix of bluster and aggression.» «We have recently uncovered a staggeringly reckless campaign of Russian sabotage in Europe, even as Putin and his acolytes resort to nuclear saber-rattling, to sow fear about the consequences of aiding Ukraine,» Moore said during a speech to diplomats and intelligence officials in France.
29.11 / 07:29
Target Waters security War country Department Ukrainian energy workers carry out repairs despite Russia's pounding of the country's power grid
Workers at one of Ukraine's thermal power plants struggle to repair damage and keep electricity flowing as Russia continues its campaign of attacks targeting the country's power grid
29.11 / 06:55
UPS economy Trade War show country Russia’s war economy shows new cracks after the ruble plunges
Subscribe to enjoy similar stories. The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains. The ruble is plunging.
29.11 / 03:07
Target Williams Fighting wellness War testing Department The US homeland stands unguarded
Subscribe to enjoy similar stories. In the early 20th century, as air power advocates worked to understand the emerging role of aircraft in conflict, Brigadier Gen. William Mitchell conducted a series of tests.
28.11 / 20:57
markets Progressive Fox Food Experts reports International Source of foul smell at the International Space Station was solved; here's where the stench was coming from and how it was handled
space station is unpacked. When a Russian spacecraft docked at the International Space Station over the weekend, astronauts noticed a strange odour emanating from the spacecraft and immediately closed the hatch, only to open it again on Monday, as quoted in a report by Fox Weather. On November 21, the Progress supply mission, which brought supplies for the crew of the space station, took off from Kazakhstan's Baikonur Cosmodrome. At 9:31 a.m. ET on Saturday, the spacecraft docked at the Russian Poisk module, according to NASA. NASA claims that after opening the Progress hatch, the Roscosmos cosmonauts detected an unexpected odour and observed small droplets. The remainder of the Russian segment was sealed off, and the hatch was closed.
28.11 / 19:43
markets Digital Strategy Experts War PAM Putin threatens Kyiv with new hypersonic missile
Russia's new hypersonic missile, hours after Moscow pummelled Ukraine's energy grid in an attack that left a million people without power. With Russia firing more than 90 missiles and around 100 drones during the barrage, according to Kyiv, Ukrainian President Volodymyr Zelensky urged his allies to give a firm response to what he dubbed Russian «blackmail». Putin said the fresh bombardment was a «response» to Ukrainian strikes on his territory with Western missiles.
28.11 / 19:43
markets Manufacturing security Stealth Experts reports India, Russia explore joint production of Sukhoi engine
Hindustan Aeronautics Limited (HAL), DK Sunil, is visiting Russia ahead of defence minister Rajnath Singh's Moscow visit from December 8-10. Sunil is in Russia reportedly for clinching a deal for licensed manufacturing of 240 AL-31FP aero engines for Su-30MKI fighter jets presently in service with the Indian Air Force. The twin-engine Su-30MKI are due for upgrade to enhance their operational lives. Recently, HAL secured a contract worth ₹26,000 crore (about $3.1 billion) for the supply of 240 AL-31FP engines for Su-30MKI fighter jets, which are integral to India's air force fleet.
28.11 / 19:01
markets Platform Election Exodus Experts social reports Is Elon Musk panicking over users leaving X erstwhile Twitter for Bluesky; here's what reports are saying
Elon Musk's social media platform, X (formerly known as Twitter) is experiencing a significant user exodus as many users are migrating to alternatives like Bluesky and Meta's Threads, reported Futurism. Following the recent US Presidential elections, where Elon Musk's support for US President- elect Donald Trump became more pronounced, an estimated 1.8 million users deactivated their accounts which marked the largest departure since Elon Musk's acquisition in the year 2022. According to Futurism, this mass exit has been fueled by dissatisfaction with the platform's environment, which many users describe as increasingly hostile due to rising hate speech, misinformation and politically charged content. Also Read: Age-defying makeover: Did Lindsay Lohan spend $300,000 on plastic surgery? Fans gush about her new youthful look; here's how she looks now and what doctors are saying
28.11 / 19:01
markets Target Strategy President Experts War Latest 'massive' Russian aerial attack cuts power to 1 million homes in Ukraine
missiles and drones and leaving more than a million households without power, Ukrainian officials said. Russia's second major aerial attack on Ukraine's power grid in less than two weeks amplified fears that the Kremlin aims to cripple the country's power generation capacity before winter. «Attacks on energy facilities are happening all over Ukraine,» Energy Minister Herman Halushchenko said in a post on Facebook. He added that emergency power outages were implemented nationwide.

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