Russia

Russia warns WWIII “inevitable” if West sends troops to Ukraine

Ben Aris in Berlin February 27, 2024

The Kremlin warned that WWIII would become “inevitable” if Western countries sent troops to fight in Ukraine, "In that case, it’s not going to be about probability, but inevitability, " presidential spokesman Dmitry Peskov said.

Yandex N.V. to reinvent itself after leaving Russia

Vladimir Kozlov in Cyprus February 27, 2024

In early February, Yandex NV (YNV) - the Dutch parent company of Russia's online giant Yandex, often referred to as the "Russian Google"- announced its long expected exit from Russia. Now YNV hopes to reinvent itself, focusing on four core businesses

Macron says sending Nato ground troops to Ukraine should not be ruled out

bne IntelliNews February 27, 2024

French president says Russia now presents a greater danger and nothing should be excluded.

US claims sanctions success, says Russia’s financial flows with Turkey, UAE and Kazakhstan disrupted

bne IntelliNews February 26, 2024

Washington says secondary sanctions threat against financial firms has put “sand in the gears” of network used to help Kremlin get access to goods.

Navalny murdered to take his name out of play in a high profile prisoner swap deal

bne IntelliNews February 26, 2024

Opposition figure and anti-corruption activist Alexei Navalny was murdered ahead of a planned high profile prisoner swap, his supporters announced on February 26 to “take that bargaining chip off the table.”

KABANOVSKY: Cynicism is Russia's Achilles’ Heel

Alexander Kabanovsky in Berlin February 26, 2024

Watching Yulia Navalnaya's stoic declaration to carry on her husband's battle against Putin and his regime, I found myself wrestling with scepticism, not about Yulia's intentions or her undeniable bravery, but about the broader context she is in.

EU release thirteenth sanctions packages on Russia

bne IntelliNews February 26, 2024

The EU has finally approved the thirteenth package of sanctions on the Russia, in what observers say are the weakest sanctions year.

Zelenskiy says 31,000 soldiers KIA in first ever comments on Ukraine’s casualty rate

bne IntelliNews February 26, 2024

Ukrainian President Volodymyr Zelenskiy said that 31,000 Ukrainian soldiers have been killed in the conflict in the last two years, putting a figure on the death toll for the first time when speaking at the Year 2024 conference on February 25.

“Unbelievable but true” data show UK firms equipping Russia’s war machine

bne IntelliNews February 23, 2024

Kremlin is end-customer for surging flows of British exports to Kyrgyzstan, Uzbekistan, Armenia and Georgia, new analysis indicates.

Time to face some harsh realities about the war in Ukraine

Ben Aris in Berlin February 23, 2024

The shock of Russia’s surprise invasion of Ukraine on February 24 two years ago was quickly followed by awe at the heroic defence of Kyiv, then delight as Ukrainians fought back, popping the tops of tanks and running circles around the Russians.

Soaring bank deposits in Russia’s poorest regions show where the Kremlin is recruiting its soldiers

Ben Aris in Berlin February 23, 2024

Russia does not release information on the numbers of mobilised and recruited men, or casualties of war in Ukraine; however, the Bank of Finland institute for Emerging Economies has dug into public banking records to work out where soldiers are from.

Uzbekistan plans $500mn investment to boost Russian gas imports

Eurasianet February 22, 2024

Domestic production is declining as existing fields become exhausted.

Indications grow Turkey-Russia trade hit by tightened US sanctions

bne IntelliNews February 22, 2024

Turkish exports to Russia sank 30% in January. Turkey’s banks facilitating payments wary of being shut out of US financial system.

World Bank says Emerging Europe needs tougher targets to reach net zero by 2060

Aidą Kadyrzhanova in Prague February 22, 2024

New World Bank report charts path to net zero energy in Emerging Europe and Central Asia, but says current ambitions are too modest.

Putin’s repressions of 116,000 people surpasses Khrushchev, Brezhnev - Proekt

bne IntelliNews February 22, 2024

Russian President Vladimir Putin’s regime has persecuted at least 116,000 in just the last six years, Russian outlet Proekt estimates in a study released on February 22 dedicated to the memory of opposition figure Alexei Navalny.

MOSCOW BLOG: Black mood descending as Ukraine problems increase

Ben Aris in Berlin February 22, 2024

As the war in Ukraine goes into its third year, the initial optimism generated by the heroic defence of Kyiv against the invading Russian troops has evaporated as ammunition runs short and the Russian forces make advances.

With decisive actions, net zero energy is within reach in Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

With decisive actions, net zero energy is within reach in the Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

EU to lift sanctions on Yandex founder Volozh

bne IntelliNews February 22, 2024

EU countries have agreed to remove the sanctions from the founder of Russian internet major Yandex, Reuters reports citing unnamed sources familiar with the matter.

Russia’s CBR shuts down major e-payment player Qiwi

bne IntelliNews February 22, 2024

The Central Bank of Russia (CBR) has revoked the banking licence of Qiwi Bank, operated by the e-payment system Qiwi, the regulator announced.

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