Latest News for: Russia financial


Russia's fraught rupee oil trade is a warning for countries trying to abandon the dollar

Business Insider 28 Nov 2023
Heavily sanctioned Russia is one of the loudest critics of the US dollar-denominated global financial order actively trading in alternative currencies ... Russia's oil trade best exemplifies the problems it has with alternative currency trade, as it accounts for about a quarter of Russia's budget.

Most Russians back war in Ukraine and buy Putin’s case for it, report says

Stars and Stripes 28 Nov 2023
RIGA, Latvia - Russians are growing weary of the war against Ukraine but are divided about how much harm it has done and how to end it, according to a report based on polling and focus groups by the Carnegie Russia Eurasia Center and the Levada Center, an independent polling group ... Finland will close its border with Russia over migrant concerns.

Column: The crypto scam is on life support. Why are some lawmakers trying to perform CPR?

The Los Angeles Times 28 Nov 2023
(Put simply, crypto is a class of financial instruments, the values of which are set arbitrarily by their own promoters ... Patrick McHenry (R-N.C.), chair of the Financial Services Committee — groused to the Treasury in a Nov ... It facilitated illegal financial transfers between Americans and sanctioned countries such as Russia and Iran.

Major Russian stock exchange denies bankruptcy reports

Russia Today 27 Nov 2023
Petersburg bourse insists its financial condition is stable ... Petersburg Exchange (SPB Exchange), Russia's second-largest bourse – which specializes in trading foreign shares – denied reports on Monday that it had filed for bankruptcy, asserting that its financial condition is stable ... The SPB Exchange is Russia’s second-largest.

Russia to resume FX interventions with adjusted formula that could boost rouble

Reuters 27 Nov 2023
The final calculations, to be announced in late December, will also include the net volume of NWF investments in rouble financial assets and the volume of regular operations under Russia's budget rule ... Chief companies correspondent for Russia, Alexander covers Russia’s ...

Despite legal accountability, state-funded scholarship students refuse “Syria return”

Enab Baladi 27 Nov 2023
The number of scholarships annually reaches about 1,500, most of them from Russia and India, and the recipient is not obligated to any service or financial compensation to the regime government ... Suha al-Tankaji, of Damascus, received a government scholarship to Russia in 2015 to study for a master’s degree in political science.

US weaponizing the dollar – Lavrov

Russia Today 27 Nov 2023
... Russia’s foreign minister says ... The global trend towards using national currencies in trade instead of the US dollar began to gain momentum last year after Ukraine-related sanctions saw Russia cut off from the Western financial system and also saw its foreign reserves frozen.

US weaponizing dollar for global trade wars Lavrov

Beijing News 27 Nov 2023
... Russia's foreign minister says ... The global trend towards using national currencies in trade instead of the US dollar began to gain momentum last year after Ukraine-related sanctions saw Russia cut off from the Western financial system and also saw its foreign reserves frozen.

Selling weapons and sealing deals: Is Russia a reliable defense partner for Africa?

Anadolu Agency 27 Nov 2023
I don’t think Russia, the US, China or India can be reliable partners ... According to Freddie Egesa, a security analyst based in Uganda’s capital Kampala, while Russia may not have the financial muscle compared to China or the US to facilitate its push into Africa, it has weapons that many African governments eagerly wish to have.

NATO: Ukraine is still inflicting heavy losses on Russia

LBC International 27 Nov 2023
He explained, "This is a significant victory for Ukraine," pointing out that "Russia is weaker politically, economically, and militarily.". Supporters of Ukraine, including the United States, emphasize their readiness to continue supporting Kyiv militarily and financially as long as it takes to defeat Russia.

Russian Embassy counters Western propaganda centering ‘Holodomor’

Blitz 27 Nov 2023
The argument, heavily promoted by the collective West, that if, because of Russia, tons of Ukrainian grain do not reach the global market, than millions in Africa will die of hunger, simply does not hold up to scrutiny ... and financial chains involving Russian economic operators.

EU struggles to give itself independence

China Daily 27 Nov 2023
In recent years the pandemic and the Russia-Ukraine conflict have exposed Europe's vulnerabilities in areas such as defense, energy, supply chain and digitalization, making the development of comprehensive strategic autonomy more urgent, said Ding Chun, director of the Center for European Studies at Fudan University, Shanghai.

EU is ill-equipped to meet growing global threats

Reuters 27 Nov 2023
Russia’s invasion of Ukraine threatens the region’s security and, by pushing up the price it pays for energy, has undermined its competitiveness ... The former U.S ... Meanwhile, Russia’s invasion of Ukraine scared the EU into providing Kyiv with financial and military support ... The EU faces challenges from Russia, climate change and protectionism ... Read Next.

A Viable Palestinian State Under Present Conditions Looks Difficult

The Arabian Post 27 Nov 2023
Funded by the rich American and British Jews, the International Zionist Organisation financially induced Jewish refugees, mostly from Europe and Russia, to buy out land from both Palestinian and non-Palestinian landowners, combining over 80 percent of the estates, and also from government, churches, foreign companies and farmers, to create Israel.

Carnes: Cynicism takes a break for Christmas

Vail Daily 27 Nov 2023
Islamic terrorists are still running wild in the Middle East, Ukraine is still being attacked by Russia and Jews are still pointlessly being attacked worldwide, but unemployment and inflation are both down, financial markets are up, real estate prices are relaxing and the Broncos have won five games in a row ... That’s the way it should be ... .

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This handout photo provided by the Uttarakhand State Department of Information and Public Relations shows Pushkar Singh Dhami, right, Chief Minister of the state of Uttarakhand, greeting a worker rescued from the site of an under-construction road tunnel that collapsed in Silkyara in the northern Indian state of Uttarakhand, India, Tuesday, Nov. 28, 2023
AP / Uttarakhand State Department of Information and Public Relations
In this photo released by Uzbekistan's President Press Office, Iran's President Ebrahim Raisi attends the Summit of the Economic Cooperation Organisation (ECO) in Tashkent, Uzbekistan, on Thursday, Nov. 9, 2023
AP / Uzbekistan's President Press Office
Lightning shot at night with a Nikon D40 DSLR, from The West Wing, Pune, Maharashtra, India
Creative Commons / Nihal Wadkar