Latest News for: Russia financial


Russia Postpones Launch Of Digital Ruble

Bitcoinist 30 Mar 2023
Implementing the digital ruble is expected to bring about significant changes in Russia’s banking industry and financial sector, making transactions more secure, efficient, and accessible for customers ... However, the central bank of Russia has expedited the timeline by a year due to financial sanctions imposed by Western governments.

Air India defends Russia route

The Telegraph India 30 Mar 2023
Prior to the pandemic, Russia generated $1.7bn (£1.4bn) from overflight charges each year ... Most western airlines have halted flying over Russia, Belarus and Ukraine over safety fears and financial sanctions that prevent funding the war against Ukraine.

Pro-Kremlin Twitter accounts ‘weaponizing’ fringe users to erode Canadians’ support for Ukraine, study finds

North Shore News 30 Mar 2023
The report, Enemy of My Enemy, studied two years of Twitter activity, including the lead-up to Russia’s Feb ... The Canadian government has to date provided Ukraine with more than $8-billion in financial, military and humanitarian support to help Kyiv push back Russia’s military assault.

Cost-effective opportunity

China Daily 30 Mar 2023
After the outbreak of the Russia-Ukraine conflict, on the one hand, the US announced that it would not send any military personnel to the battlefield, and on the other hand, it imposed severe financial sanctions by cutting off the access to and use of dollars on countries being sanctioned.

[DS] Prepares Their Next Move, Crimes Against Children Unite All Humanity, Game Over – Ep. 3032

X22 Report 30 Mar 2023
The BRICs nations include – Brazil, Russia, India, and China and South Africa ... But now the BRICS nations—Brazil, Russia, India, China, and South Africa—are setting themselves up as an alternative to existing international financial and political forums ... Russia and India agree to trade oil for rupees.

Russia-India Business Forum targets expansion of IT sector

Beijing News 29 Mar 2023
The 'Russia-India Business Forum ... This IT boom can be taken higher by Russia and India. Collaboration and cooperation between India and Russia are much needed, especially in the technical part given mobile payment success ... "Today, it all depends on financial systems ... Now Russia, India and China will rewrite the financial system.

Top Agriculture Trader Cargill to Stop Exporting Russian Grain

Moscow Times 29 Mar 2023
Russia’s Agriculture Ministry told Reuters that its grain shipments abroad would not be affected by Cargill’s decision to end exports ... RBC reported that Cargill Russia will begin reviewing its portfolio of assets related to grain exports but does not plan any changes to its other business in the food, industrial, and financial sectors.

Sanctions good or bad for Russia? Vladimir Putin's sudden turnaround

Hindustan Times 29 Mar 2023
He had earlier said that Russia was fast adapting to the sanctions ... Former Ukraine general predicts Russia may launch major attack in ... Over 30 countries have imposed sanction on Russia which include price caps on Russian oils and restrictions on access to financial transactions.

Russian Central Bank Records $9.3Bln Annual Loss in 2022

Urdu Point 29 Mar 2023
"Following the results of 2022, a negative financial result of the activities of the Bank of Russia (loss) in ...

Former Executive Of Russian Gas Company Convicted Of Tax Evasion In U.S.

Radio Free Europe 29 Mar 2023
Mark Gyetvay, who was deputy chairman of Novatek’s management board and its chief financial officer, was convicted of making false statements to U.S ... Gyetvay, who lives in Naples, Florida, worked as a certified public accountant (CPA) in the United States and Russia before becoming the chief financial officer of Novatek, a large Russian gas company.

Putin looks for positives as Russia's consumer demand, industrial output slide

Reuters 29 Mar 2023
Russia's ... Moscow-based reporter covering Russia's economy, markets and the country's financial, retail and technology sectors, with a particular focus on the Western corporate exodus from Russia and the domestic players eyeing opportunities as the dust settles.

Despite sanctions, EU keeps on doing business with Russia

Al Jazeera 29 Mar 2023
With 10 rounds of sanctions since Russia invaded Ukraine in February last year, the European Union has rolled out its toughest punishments ever against a foreign country ... Gazprombank – the financial arm of Russia’s gas monopoly Gazprom GAZP.MM – and Russia’s privately owned, second-largest oil producer Lukoil are also missing.

Factbox: EU keeps on doing business with Russia despite sanctions

Reuters 29 Mar 2023
But the impact "will not be severe enough to limit Russia's ability to wage war against Ukraine in 2023," a European Parliament research note said ... Gazprombank - the financial arm of Russia's gas monopoly Gazprom (GAZP.MM) - and Russia's privately-owned, second-largest oil producer Lukoil are also missing.

Russia’s corporate profits dropped 21.3% in Jan, business climate worsened

FX Empire 29 Mar 2023
24, 2022, resulted in sanctions against dozens of large companies and entire sectors of Russia’s economy, particularly the financial and energy sectors ... Russia’s economy proved unexpectedly resilient last year, but a return to pre-conflict levels of prosperity may be far off as more government spending is directed towards the military.

Home cooking and power cuts: life in a Russian draft-dodgers’ house-share

Economist 29 Mar 2023
\nIn September, the 42-year-old fled his native St Petersburg to avoid being conscripted into Russia’s war in Ukraine, leaving behind his wife, a lucrative construction business, his apartment and his country house ... He is a wiry 39-year-old from Arkhangelsk, a port city in Russia’s north ... After leaving Russia, he was unemployed for a month.

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This photo made from video provided by the Russian Defense Ministry Press Service on Wednesday, March 29, 2023, shows a Yars missile launcher of the Russian armed forces being driven in an undisclosed location in Russia.
AP / Russian Defense Ministry Press Service via AP
Gurbanguly Berdimuhamedow, painted portrait
Creative Commons / thierry ehrmann