Ukraine Financial News

The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100-million hack, arguing the claims should’ve been filed in Estonia, where it’s based.

(Reuters) — Ukraine's President Volodymyr Zelenskiy on Sunday demanded rapid changes in the operations of Ukraine's military and announced the dismissal of the commander of the military's medical forces.

NEW DELHI : Domestic pump prices of petrol and diesel have remained unchanged since May 2022, the longest freeze in India. With the Centre netting buoyant tax revenue and global crude prices benign, can consumers hope for a cut in the run-up to the elections next year? Mint explains. They have oscillated wildly following multiple geopolitical crises.

France has successfully test-fired an M51.3 long-range ballistic missile, boosting the credibility of France's nuclear deterrence capabilities, the defence ministry said on Sunday. The missile, which did not carry a nuclear weapon, was fired from the French army's Biscarosse missile testing site in southwest France and landed in the North Atlantic, «hundreds of kilometres from any coastline» the ministry said, without giving further detail. «The flight has allowed to confirm a major improvement of the missile which will contribute to the lasting credibility of France's oceanic deterrence in coming decades,» the ministry said in a statement on Sunday. It added that maintaining operational credibility of France's nuclear weapons is required given the international environment. Following Russia's invasion of Ukraine in February 2022, President Vladimir Putin has repeatedly warned the West that he would be ready to use nuclear weapons to defend Russia. The M51.3 missile is an upgraded version of the M51, a three-stage sea-land strategic ballistic missile designed to be launched from French Navy submarines. The M51 was first test-fired from a ground base in 2006 and from a submarine in 2010, the year it was commissioned. The new M51.3 missile, which is expected to enter service around 2025, is developed by aerospace firm ArianeGroup, a joint venture between Airbus and French defence group Safran . Ballistic missiles are similar to rockets and follow elliptic trajectories after launch, often leaving the earth's atmosphere to reach lower space, unlike cruise missiles, which typically follow straight trajectories at low altitude, powered by continuous thrust until they reach their target.

Narendra Modi. The Biden administration drew up various schemes involving India in alliances with Israel and rich Arab countries, aimed in part at stemming Chinese influence. A European Council on Foreign Relations report echoed the new Western consensus: The West needed to woo friendly members of the Global South such as India and Turkey if it was to build a new world order.

(Reuters) -Russia launched several waves of drone attacks on Kyiv early on Sunday for the second night in row, stepping up its assaults on the Ukrainian capital after several weeks of pause, the city's military administration said.

Defence Minister Bill Blair says Canada needs to invest more in military capabilities amid “evolving” global security threats, and as the federal government attempts to pare down government spending across the board.Blair told an international crowd of military personnel, politicians and civil society leaders at the Halifax International Security Forum Friday that Canada needs to put “resources … behind our aspirations.”“We must step up to address these challenges, and to preserve peace and prosperity for our peoples,” Blair said, referencing Russia’s ongoing invasion of Ukraine and the Israel-Hamas conflict as well as heightened tensions with China.“We have a lot of work to do.”Blair’s comment could be read as an understatement.The Liberal government has yet to deliver a promised update to its 2017 defence policy – an update that was thought to be imminent at the last Halifax forum in 2022.The federal government is also looking for as much as $1 billion in savings from the Canadian Armed Forces (CAF), as Treasury Board President Anita Anand – the former defence minister – attempts to rein in spending.At the same time, the CAF has been stretched thin both by domestic deployments in the wake of natural disasters and by Canada shipping equipment to Ukrainian forces trying to push back Russia’s invasion.Speaking to an aerospace industry conference earlier this month, Blair said he told officials that the long-awaited defence policy update needed more clarity in terms of where the Canadian government plans to spend money.Until that update is released, defence experts told Global News, it will be difficult for allies to take the Canadian government at its word when it comes to stepping up.“(Canada) has to show that it can

Russian groups and 108 people including a former prime minister and a former education minister and said he aimed to fight wartime abductions of children from Ukraine and other "Russian terror". "We are increasing the pressure of our state onto them and each of them must be held responsible for what they have done," he said in his nightly video address on Saturday, after his office issued corresponding decrees with his signature.

Sergei Aleksashenko, formerly a deputy governor of the Bank of Russia and a deputy finance minister, on its wanted list, Russian state news agencies TASS and RIA reported on Saturday. Aleksashenko, who has criticised Russia's war in Ukraine, has been living in exile in the United States after falling out with President Vladimir Putin's government and had already been designated a «foreign agent». TASS reported that Aleksashenko had been added to the interior ministry's wanted list on an unspecified criminal charge. Reuters could not immediately access the ministry's overall database and Aleksashenko could not immediately be reached for comment.

In 2022, after the war between Russia and Ukraine broke out, there were supply chain disruptions. The combination led to inordinately high inflation. Central banks all over the world used the medicine they know: hike interest rates and take back part of the excess liquidity. At the juncture where we stand now, it seems rate hikes are over.

Write to Andrew Restuccia at [email protected], Charles Hutzler at [email protected] and Andrew Duehren at [email protected]

The lower house of Russia’s parliament has approved a federal budget Friday that increases spending by around 25% in 2024 and devotes a record amount to defense

Not long after Russia began bombing Ukraine, Oleksii Martynenko packed his bags and fled Kremenchuk, a once-tranquil but now war-torn city roughly 190 miles (300 kilometres) from Kyiv. He moved to Stockholm and took a job as a line cook. One year later, as his work visa approached expiry, he relocated to Canada’s largest city.

Hyundai in the near future, India Managing Director Unsoo Kim said, adding, the company expects nearly a fifth of its global sales to come in from the country in the next 2-3 years. Indian subsidiary Hyundai Motor India (HMIL) — which contributed 18.6% to global sales in the first half of the year — is looking at growing by 8.5-9% to post its best-ever sales of 600,000 units in the local market in the ongoing calendar year. Unsoo Kim, Managing Director, Hyundai Motor India Limited (HMIL) said, “I see the Indian market very positively.

India (RBI) on Friday permitted banks to open additional current account for exports proceeds in addition to special rupee vostro accounts with a view to provide greater operational flexibility to exporters. To provide greater operational flexibility to exporters, banks maintaining special rupee vostro account as per the provisions of the RBI circular dated July 11, 2022 are permitted to open an additional special current account for its exporter constituent exclusively for settlement of their export transactions, RBI said in a notification.

Ukraine's marine corps said on Friday it has secured multiple bridgeheads on the eastern bank of the Dnieper River in the Kherson region in fighting it described as having left nearly 3,500 Russians killed or wounded and dozens of ammunition depots, tanks, armoured vehicles and other weaponry destroyed. The Marine Infantry Command's claims are the first to come directly from the Ukrainian military about advances across one of Russia's most significant strategic barriers.

Ukrainian lawmakers and officials have received advanced training on identifying and investigating crypto-related financial crimes. The United Nations Office on Drugs and Crime and the OSCE Economic and Environmental Activities have organized the 4-day course.

14 Ukrainian officials received advanced training on investigating new-age financial crimes in a training course held from Nov. 14 to Nov. 17 in Vienna, Austria.

MOSCOW (Reuters) — France's Alstom (EPA:ALSO) is set to sell its 20% stake in Transmashholding (TMH) back to the Russian railcar manufacturer by the end of the year, the Interfax news agency cited TMH head Kirill Lipa as saying on Friday.

By Wayne Cole

A Global News investigation has found evidence that Canada has become a safe haven for affiliates of the Islamic Republic of Iran who are allegedly threatening the lives of Iranian Canadians, and other dissidents in this country.