Russia Financial News

US Navy submarine, dubbed the "Manta Ray," was recently spotted by Google Maps users at the Port Hueneme naval base in California. The sighting went viral online, sparking widespread curiosity. Shortly after the image leaked, the submarine disappeared and was replaced by boats. This development has drawn significant attention due to its advanced technology and strategic implications.

visit Russia in July. However, he refused to comment on the development until the visit was publicly confirmed by the two governments. Asked about the US reaction as PM Modi is expected to visit Russia to meet Russian President Vladimir Putin next month, Miller responded, «So we've seen those reports. I haven't seen a visit publicly confirmed by either of the countries. So, I think I'll wait to decline comment until I see them publicly actually confirmed by the governments in question.» His remarks came after reports claimed that India and Russia are making arrangements for an upcoming visit by PM Modi to Russia. Russian Foreign Policy Adviser Yuri Ushakov confirmed the development, Russia-based RIA Novosti reported.

Russia’s Sberbank says that crypto and blockchain-powered services represent the “future” of banking in the country.

DALIAN, China — For China's yuan to be used more globally, the currency needs more «applications» such as for stocks and bonds, Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited, said on a panel Tuesday.

arrest warrants for Russia's chief of the General Staff Valery Gerasimov, and former defence minister Sergei Shoigu. Warrants were issued for the alleged war crimes of directing attacks at civilian objects and causing excessive incidental harm to civilians, as well as the crime against humanity of «inhumane acts» in Ukraine, the ICC said in a statement. ICC judges said there were «reasonable grounds to believe that the two suspects bear responsibility for missile strikes carried out by the Russian armed forces against the Ukrainian electric infrastructure from at least 10 October 2022 until at least 9 March 2023.»

In its first major report into the rapidly advancing world of AI, the central banking umbrella group said policymakers need to harness its immense power to monitor data in real time in order to «sharpen» their inflation-predicting abilities.

The Norwegian government has signed a deal to start stockpiling grain, saying the COVID-19 pandemic, a war in Europe and climate change have made it necessary

Ukraine is set to officially launch membership talks with the European Union later on Tuesday

Boeing's Starliner spacecraft, carrying astronauts Barry Wilmore and Sunita Williams, is gearing up for its return journey from the International Space Station (ISS) despite facing technical challenges since its June 5 liftoff. The capsule has encountered five helium leaks, five maneuvering thruster failures, and a propellant valve issue, requiring extensive troubleshooting by the crew and mission control in Houston. Delayed Return

French far-right leader Jordan Bardella has sought to reassure French voters, European partners and international observers that his potential government would lead “realistic” economic policies and “not weaken” France’s voice abroad

gold reserves parked overseas dropped to the lowest in six years at the end of March--47% of the total—since it started accumulating the precious metal in December 2017. Data show that the RBI started bringing the gold to India in March 2022, coinciding with the start of the Russia-Ukraine war. This is in line with the trend of central banks globally that have turned cautious after the US government froze Russian foreign currency assets as the conflict began in February 2022. News that the RBI had brought back 100 tonnes of gold from the UK to India emerged at the end of last month. Governor Shaktikanta Das said this was because there is enough domestic storage capacity and nothing more should be read into it. At the end of March, the RBI’s total gold holdings amounted to 822.1 tons. A December 2023 survey by global investment manager Invesco of 57 central banks and other asset managers showed that they had increased exposure to gold 8-10 years ago, keeping it London and using it for swaps and to enhance yields, but that they were now moving the reserves back to their own countries, underscoring its role as a safe-haven asset. From 50% in 2020, the share of gold reserves held in their own countries is estimated to have gone up to 68% by December 2023 and will likely rise to 74% within the next five years, according to the survey.

Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India. This month we track the upcoming monetary policies, the G7 summit held in Italy, and how rising temperatures are ringing alarm bells.

Poland’s President Andrzej Duda is in China on a visit that brings the leader of a NATO member to a country that has backed Russia in its full-on invasion of Ukraine

Reserve Bank of India's gold reserves parked overseas dropped to a six-year low at the end of March — 47% of total. This is the lowest since it started accumulating the precious metal in December 2017. Data shows that the RBI started bringing the gold to India in March 2022, coinciding with the start of the Russia-Ukraine war. This is in line with the trend of central banks globally that have turned cautious after the US government froze Russian foreign currency assets as the conflict began in February 2022.

Ukraine is experiencing rolling blackouts as Russia intensified strikes targeting energy infrastructure over the past three months

The cybersecurity firm Kaspersky has denied it is a security threat after the U.S. Commerce Department banned the use of its software in the United States

electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday. Germany's Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China.

New Delhi:A Bengaluru-based Indian technology company is among at least 10 firms from several countries against whom Japan has imposed sanctions for allegedly helping Russia evade punitive economic measures.The actions against the companies including asset freeze and export bans were announced by the Japanese Foreign Ministry.The other companies belonged to China, Kazakhstan, Uzbekistan and the United Arab Emirates.The West and its allies have imposed strict punitive trade and economic sanctions against Russia over its invasion of Ukraine.Japan has introduced punitive measures under the Foreign Exchange and Foreign Trade Act, the Japanese foreign ministry said in a statement.It named the Indian company in the list of firms which will be facing sanctions from the Japanese government.Last week, Japanese Prime Minister Fumio Kishida said at the G7 summit in Italy that his government is imposing sanctions on companies and groups which are helping Russia evade economic sanctions.The G7 grouping has imposed a series of punitive sanctions against Russia including asset freeze for its invasion of Ukraine.Japan has already imposed punitive measures on a number of Russian companies.

Russian strikes on Ukraine's eastern city of Kharkiv on Sunday, regional governor Oleh Synehubov said. «The occupiers have conducted strikes on the civilian infrastructure of Kharkiv,» Synehubov wrote on Telegram, adding that the strikes appeared to have been conducted with glide bombs. Russia has regularly bombed Kharkiv throughout Moscow's 28-month full-scale invasion of Ukraine.

Moscow may change the timing for use of its nuclear weapons if threats against Russia increase, the RIA state news agency cited Andrei Kartapolov, the head of the Russian lower house's defence committee, as saying on Sunday. The former general's comments follow recent warnings by President Vladimir Putin that Moscow may change its nuclear doctrine, which lays out the conditions in which such weapons could be used. «If we see that the challenges and threats increase, it means that we can correct something in (the doctrine) regarding the timing of the use of nuclear weapons and the decision to make this use,» the agency quoted Kartapolov as saying.

Google suspends online gaming trial on Play Store citing lack of regulationsOne user on X, while replying to Cuban's post, suggested that the incident may have occurred due to a spoofed sim, which was set to a false Google number. They wrote, "Seems more likely that someone called you via a spoofed sim set to "650-203-0000", in which case Google was not even in the loop at all for this attack, you just got phished."Some more users questioned Google's role in the whole incident given that the SIM card may have been spoofed.