Russia Financial News

YouTube speeds in Russia are set to sharply decline on desktop computers due Google's failure to upgrade its equipment in Russia and its refusal to unblock channels of Russian media, a senior lawmaker close to the authorities said on Friday.

Russia’s Central Bank has raised its key lending rate to the highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow’s military action in Ukraine

A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political advantage in a way that President Joe Biden failed to do

PARIS—France’s rail network was the target of a massive act of sabotage Friday, the day of the opening ceremony of the Olympic Games, officials said, bringing service on several high-speed rail lines to a halt in outages that are expected to last for days. Officials said fires were set at around 4 a.m. local time at several places around the country’s rail network.

PARIS—As the Summer Games approached in Paris and the war raged on in Ukraine, the International Olympic Committee was confronted with a thorny political question: what to do about Russian athletes? Officially, Russia is banned from sending a team under its name and flag for the fourth consecutive Olympics. This time, however, the reason isn’t related to the country’s epic state-sponsored doping scandal, but rather Russia’s 2022 invasion of Ukraine. As it did during all of the previous bans since 2014, the IOC created a pathway for athletes from Russia—and in this case Belarus—to compete, but not under their country’s flag or colors.

Climate Change Service, more records could be broken shortly.

war against Ukraine still raging, the Moscow city government offers substantial financial incentives to residents who enlist in the Army. According to the mayor's office, new enlistees will receive an initial payment of 1.9 million roubles (Rs 18,00,000), with total first-year compensation reaching 5.2 million roubles (Rs 50,00,000). This increase makes the annual income for Moscow's contract soldiers more than five times the country's average nominal wage.

Russia’s crypto mining legalization could provide the Treasury with a $570 million boost, lawmakers estimate.

New Delhi: Close on the heels of PM Narendra Modi's Moscow trip for the annual summit, Russia is supplying 120 super long-range Surface-to-Air missiles to India that will give the country's military an edge over Pakistan.

one Gaganyaatri from ISRO will undertake space travel to ISS", Singh said in the written reply. " This is a collaborative effort of ISRO, NASA, and NASA-identified private entity, i.e. Axiom Space.

Modi and Vladimir Putin. America is deep in the throes of election politics — Donald Trump's escape from near-death, Joe Biden's exit and Kamala Harris' entry into the presidential race are dominating the headlines. Tempers have calmed somewhat but all is not well in the realm.

space sector has immense economic potential, likely to be worth Rs 35,200 crore, about 8% of the global share by 2033. On 23 July, the Finance Minister announced the creation of a dedicated “space fund” worth Rs 1,000 crore, aiming to boost India’s space economy, attract investment and in the global space industry. According to Mr. Pawan Goenka, IN-SPACe Chairman, the fund is expected to be a professionally managed entity that supports space businesses. India has showcased on the global stage its ability to innovate on a frugal budget, fulfilling the Chandrayaan-3 mission at a cost that was merely 3% of the Russian moon missions. This Budget proposal signals the Government’s intent to give a fillip to the Indian space sector by providing financial support, mentorship and guidance to emerging space startups. The establishment of the space fund marks the next step in a successful PPP collaboration aimed at advancing the technology essential for India's success in this field.

Shanghai Cooperation Organization (SCO) held a joint anti-terrorism drill in China focussing on live drills and specialised operations such as the «eradication of terrorist groups,» China's Ministry of Public Security has said. The 'Interaction-2024' joint counter-terrorism exercises were held recently in northwest China's Xinjiang Uygur Autonomous Region, the Ministry said.

Tatyana Ozolina, known to her millions of followers as “MotoTanya,” has tragically died in a motorcycle accident in Türkiye. The 38-year-old Russian social media star was renowned for her daring motorcycle adventures around the globe. Her life was cut short on the Milas-Soke highway in Mugla province, where her red BMW motorcycle collided with a truck, according to turkiyetoday.com reported.

troops moved through the forest in east Ukraine at dawn, imitating assault rifle fire while searching for non-existent Russians between the trees.

NATO summit in Washington this month but, away from the public stage, the alliance's military planners have been focused on assessing the enormous cost of fixing Europe's creaking defences. NATO leaders agreed plans last year for the biggest overhaul in three decades of its defence capabilities, amid growing fears of Russian aggression.

PARIS—France is transforming its capital city into an open-air fortress, rolling out the largest peacetime security operation in the country’s history to protect athletes, residents and more than 10 million visitors during the Olympic Games. Officials say as many as 45,000 police, 10,000 soldiers and 22,000 private security guards will keep watch at the Paris Olympics, which begins Wednesday and spans the heart of the city—on streets, at landmarks and in the waters of the Seine River. Place de la Concorde, the city’s largest public square, is set up for BMX bike races, skateboarding and breakdancing, a French addition to the Games.

Japan’s government says it has protested against Russia’s announcement that it is permanently banning 13 Japanese citizens, mostly business leaders of prominent companies including Toyota Motor Corp., in retaliation for Tokyo’s sanctions over the Russi...

The Treasury Department is ordering the nation’s banking industry to start disclosing its holdings of Russian assets, with the goal of eventually seizing those billions of dollars in assets and selling them to aid the devastated Ukrainian economy

A senior Russian lawmaker says the nation’s CBDC – the digital ruble – will not be ready for cross-border use until 2026.

Russia may legalize industrial crypto mining by the end of the week, media outlets in the nation have claimed.