The board of the Central Bank of Russia (CBR) increased the key interest rate by 2 percentage points from 16% to 18%, in line with consensus expectations at the policy meeting on July 26. - the first hike since December 2023.
Convicted murders and hitmen who were pardoned by Russian President Vladimir Putin after fighting in the army in Ukraine are back in St. Petersburg and “won’t hold back,” a senior investigator in the city has said.
Shell companies operating out of Hong Kong are shipping restricted military technology to Russia, the NYT reveals. The revelations comes as Ukraine’s Foreign Minister Dmytro Kuleba travels to China for key talks.
Vladislav Bakalchuk, the estranged husband of Wildberries e-commerce major and Russia’s richest woman Tatiana Bakalchuk, threatens to sabotage a merger with Russ Group billboard operator and claim 50% of Wildberries if the pair divorce.
Ukraine’s recent sanctions have barred Lukoil from using the country for transit, affecting both Hungary and Slovakia.
Romania’s defence ministry found debris from a Russian Gheran1/2 drone near the Ukrainian border.
As the Paris 2024 Olympics prepare to open, the event is facing a complex web of political tensions and security concerns, with reports of potential threats to the event putting the French organisers on high alert.
The State Duma approved an amendment to a new law that would make it a serious disciplinary offence for soldiers to carry smartphones and other certain gadgets while serving in combat zones such as Ukraine.
The war in Ukraine is making a growing environmental crisis in the Caspian Sea worse, claims Zaur Shiriyev, a scholar at the Carnegie Russia Eurasia Center. Pollution from the war is making an already bad situation worse.
A little more momentum was built for a start to peace talks as Ukraine’s Foreign Minister Dmytro Kuleba travelled to Beijing for his first post-invasion meeting with China, and more commentators say a deal is possible.
Ukraine’s tightened sanctions against Russian oil giant Lukoil have led to a decreased flow of Russian oil into Hungary and Slovakia.
There is a very weird story unfolding in Russia’s tech sector. The leading e-commerce platform Wildberries is in a very odd merger with an outdoor billboard company called Russ that is ten times smaller than it and brings nothing to the party.
Moscow residents who voluntarily sign up to join the military will receive a one-time payment of RUB1.9mn ($22,000) upon signing a contract with the Russian Defence Ministry, Moscow Mayor Sergey Sobyanin has announced.
Venezuela’s crucial election on July 28 pits incumbent Nicolas Maduro against opposition leader Edmundo Gonzalez. With long-running economic turmoil and political repression under Chavismo, the nation faces a pivotal decision.
Residents of a large Russian city have taken to the streets to protest against prolonged electricity cuts and repeated water supply interruptions.
A court in Moscow has sentenced Alexey Soldatov, former Russian Deputy Minister of Communications and one of the founders of Runet, to two years in a general-regime penal colony.
Hungary has been blocking the disbursement of the next European Peace Facility tranche for more than a year.
Russia’s largest e-commerce operator Wildberries continues to be rocked by controversy surrounding a merger deal with Russ Group, the outdoor advertising operator. Now the founder Tatiana Bakalchuk is getting divorced from husband.
Energy sanctions continue to face challenges, while Russia’s favourable external environment supports its economy and fiscal stability. These trends clearly show that the pressure on Russia is insufficient.
Pertamina, the Indonesian state-controlled refiner, is said to be on the lookout for Russian oil grades for what will be the first time in years, according to three traders