Russia Financial News

Fans have begun trading football tokens ahead of the Euros 2024 and the Copa Americana championship, both of which kick off this June.

Russia is seeing an increase in the number of crypto bribery cases where corrupt individuals receive payment in tokens such as Bitcoin (BTC), lawyers say.

WASHINGTON—Facing an uncertain outcome in U.S. elections in November and no clear pathway to NATO membership for his country, Ukrainian President Volodymyr Zelensky appealed Tuesday in a speech at the beginning of the alliance summit to a traditional vision of U.S. leadership.

Iranian model deployed in Ukraine, European officials familiar with the matter said, a sign that Beijing may be edging closer to providing the sort of lethal aid that western officials have warned against. The companies held talks in 2023 about collaborating to replicate Iran’s Shahed drone, and started developing and testing a version this year in preparation for shipment to Russia, said the officials, who asked not to be identified to discuss private information. The Chinese drones have yet to be used in Ukraine, they said. Providing Russia a Shahed-like attack drone would mark a deepening of Beijing’s support for Russia despite repeated warnings from the US and its allies. President Xi Jinping has sought to portray China as neutral in the conflict in Ukraine even as western officials say it’s provided components and other support for President Vladimir Putin’s forces.

A Louisiana judge says the Biden administration can't delay consideration of projects aimed at exporting liquefied natural gas while a legal challenge plays out in federal court

Finnish lawmakers have narrowly approved a controversial bill that will allow border guards to turn away third-country migrants attempting to enter from neighboring Russia and reject their asylum applications

PARIS : A new European rocket is poised to blast into space with a mission officials here say is vitally important: reducing the region’s reliance on Elon Musk and SpaceX. Europe’s satellites and military intelligence have come to depend on the U.S. company after delays and malfunctions left the continent unable to get to orbit with its own rockets.

President Vladimir Putin and include some who’ve been sanctioned over the war that’s now in its third year.Vagit Alekperov, key shareholder and former president of oil giant Lukoil PJSC, topped the list with about 186 billion rubles in dividends. He is sanctioned by the UK and Australia, but has so far avoided US and European Union penalties.Billionaires Alexey Mordashov, of Severstal PJSC, and Vladimir Lisin, of Novolipetsk Steel PJSC, were next with 148 billion and 121 billion rubles respectively of dividend income.

presidential vote on Friday, an Iranian source told Reuters. «The vote counting has ended and the rival candidates have been informed about the result. Pezeshkian is around three million votes ahead of his hardline rival Saeed Jalili,» said the source, who asked not to be named. Earlier, the interior ministry said that Pezeshkian was leading the race in early results, adding that the initial reports showed turnout was around 50%, higher than the first round.

PM Modi at the airport. Manturov and PM Modi shook hands and greeted each other. In a rare gesture, Manturov will also accompany PM Modi to the hotel from the airport in the same car. India's Ambassador to Russia, Vinay Kumar, was present at the airport to welcome PM Modi. The Indian community has gathered outside the hotel, where PM Modi is scheduled to arrive. Indian diaspora are also playing dhol to welcome PM Modi at the hotel.

Latvia’s financial crimes unit has fined the crypto pay service provider Payeer a “record” $10 million for violating EU sanctions on Russia.

trade imbalance with Russia and securing the discharge of Indians misled into fighting in the Ukraine war will be among Prime Minister Narendra Modi's priorities during talks in Moscow next week, a top official said on Friday. Modi will visit Russia on July 8-9 for talks with President Vladimir Putin as part of annual summits between New Delhi and Moscow, launched in 2000. Modi's visit coincides with the July 9-11 NATO summit in Washington at which the Ukraine war will hold centre stage, and the timing has raised questions about the signal India could be sending.

Russia's defence ministry said on Tuesday that it had destroyed five Ukrainian SU-27 fighter jets and damaged two more the Myrhorod airfield in Ukraine's Poltava region with Iskander-M missiles. The ministry published footage of the attack which showed smoke and flames rising from an airfield. «As a result of the Russian strike, five active SU-27 multi-purpose fighters were destroyed and two were damaged,» the ministry said.

Donald Trump's potential return to the White House, more of NATO's European members are finally hitting the alliance's defence spending target. But as leaders gear up to celebrate at a NATO summit in Washington there is a clear feeling that will not be sufficient to tackle the challenges it faces. «Even in countries historically reluctant to spend more on defence, there is now a growing sense of the importance of greatly increased defence spending,» said Ian Lesser, from the German Marshall Fund of the United States think tank.

Payeer allowed Russian customers to carry out transactions in Russian roubles to and from EU-sanctioned Russian banks, according to Lithuania's Financial Crimes Investigation Service (FNTT).Russian individuals and legal entities were also offered the chance to receive crypto wallet, account management and storage services, says the FNTT.Over a period of around 18 months, Payeer had at least 213,000 customers, and the company's revenue reached more than EUR164 million.

Also read |IT hiring will return, but with a difference Tata Consultancy Services Ltd, India’s largest software exporter, in May said it had doubled its pipeline of generative artificial intelligence projects to $900 million in the March quarter. Infosys Ltd, India’s second-largest IT services company, has said it is working on 225 GenAI projects.

India and Russia on Tuesday discussed plans to end the Ukraine conflict peacefully as Prime Minister Narendra Modi, during his annual summit meeting with President Vladimir Putin in Kremlin, referred to the death of innocent children in war and terror attacks. «Any person who believes in humanity feels pain when people die, and especially when innocent children die. When we feel such pain, the heart simply explodes, and I had the opportunity to talk about these issues with you yesterday,» Modi said, adding that a «solution cannot be found on the battlefield». The PM said: «For a bright future, war is not a solution. India is in favour of peace. I am hopeful of peace. Ready to cooperate for peace,» Modi said. Briefing the media, foreign secretary Vinay Kwatra said the two leaders discussed several ideas on addressing the Ukraine conflict.

China has reported its auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home

SCO) Summit being held here under the Kazakhstan Presidency will adopt an important document to combat terrorism, separatism and extremism, echoing India's stand on countering terrorism and radicalisation in the Eurasian region. The July 3-4 summit will also discuss an anti-drug strategy to counter the rising menace of drug addiction. Recent arrests of terrorists in Kyrgyzstan and earlier in Tajikistan have established ISIS links emanating from Afghanistan. The Indian establishment has been closely monitoring the spread of ISIS influence in Eurasia and its impact across the border in India, ET has learnt. What has come to their notice is recent ISIS literature that aims to target India, according to sources.

Russia's parliament has approved a bill that would raise income taxes for the rich, in a move to help fill government coffers during the fighting in Ukraine

Ukraine, and major French news sites improbably registered in an obscure Pacific territory, population 15,000. All are part of disinformation campaigns orchestrated out of Russia and targeting France, according to French officials and cybersecurity experts in Europe and the United States. France's legislative elections and the Paris Olympics sent them into overdrive. More than a dozen reports issued in the past year point to an intensifying effort from Russia to undermine France, particularly the upcoming Games, and President Emmanuel Macron, who is one of Ukraine's most vocal supporters in Europe.