After two horrific mass shootings in Texas and New York, Congress just passed the most meaningful gun legislation in decades. The Safer Communities Act will expand background checks in some cases, clo...
Tag: Russia
Russia Takes Control of International LNG Project
Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which fo...
The Only ‘Stranger Things’ Season 4 Part 1 Recap You Need To Watch Before Part 2
Stranger Things Netflix Well, you only had to wait a month for it, but Stranger Things has now concluded the unusual step of breaking up one of its seasons, with part 2 of season 4 airing today, two m...
Putin Seizes Control Over Major Gas And Oil Project From Foreign Investors
Topline President Vladimir Putin has seized control of a major gas project in Russia’s far east—a move that could force foreign investors to abandon the project—shocking already skittish energy market...
Palladium price outlook as Russia looks to limit production
Jonathan Barratt is the CEO of CelsiusPro Australia, a boutique climate risk InsurTech company. In an interview with CNBC, Mr. Barratt raised the interesting proposition that Russia, being a major pro...
Ukraine’s Weirdest Howitzer Drove Russian Troops Off Snake Island
The 2S22 in action on the coast. Ukrainian defense ministry photo The Ukrainian army’s rarest artillery played a pivotal role in finally driving Russian troops off strategic Snake Island in the wester...
How Ukraine Won The Battle
LVIV, UKRAINE – MAY 09: Limited edition “Snake Island” stamps, commemorating the moment when a … [+] Ukrainian soldier defiantly replied “Russian warship, go f*ck yoursel...
Russia lawmakers approve a law exempting digital asset issuers from VAT payments
Russia seems to be loosening its stance on regulating the cryptocurrency market. Lawmakers in the country have approved a draft law that could exempt digital asset issuers from making value-added tax ...
VTB sealed the first deal with digital financial assets in Russia
VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a tokenized debt pool of the engi...
What Is This Transgender Journalist Doing In Ukraine? Covering A War
Sarah Ashton-Cirillo reports from Ukraine. Sarah Ashton-Cirillo On Feb. 2, the U.S. State Department warned Americans in Ukraine to “depart now” and also issued a travel advisory warning against going...
Crypto And Digital Assets Issuers Are Exempted From VAT In Russia Now
Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Ru...
Negative Views Of China Remain High In New Pew Survey Of 19 Countries
Some 70% of Americans say U.S.-China relations are bad, according to the Pew Research Center. (AP … [+] Photo/Kiichiro Sato, File) ASSOCIATED PRESS Negative views of China, the world’s No. 2 eco...
Russia Muscles In on Indian Oil Market at Expense of OPEC Titans
(Bloomberg) — Watch out Iraq and Saudi Arabia, Russia is making huge inroads into the Indian oil market and has quite possibly become the largest supplier to the giant Asian buyer. Most Read fro...
U.K. Sanctions Mining Magnate Vladimir Potanin—Russia’s Wealthiest Oligarch
Topline The U.K. government on Wednesday announced sanctions against Russia’s richest man, metals tycoon Vladimir Potanin, closing in on an oligarch who has escaped most Western sanctions unscathed as...
Russia approves tax exemptions for issuers of cryptocurrency
The lower house of the Federal Assembly of Russia approved a draft bill on June 28 that could exempt cryptocurrency issuers from Value Added Tax (VAT). Sanctions are hurting “unfriendly nations” more ...
Russia: toward more crypto-friendly regulation?
On Tuesday, the Kremlin approved a bill in the Duma that would exempt those working with crypto in Russia, directly or indirectly, from paying VAT value tax. The bill would also include a tax rate on ...
UK plans to cut pipelines to EU if Russia gas crisis intensifies
The UK will cut off gas supplies to mainland Europe if it is hit by severe shortages under an emergency plan that energy companies warn risks exacerbating a crisis on the continent. With European coun...
No VAT On Cryptocurrency Issuers In Russia, Details
According to Reuters, the Russian draft law that sought to exempt issuers of digital assets and cryptocurrencies from value-added tax has been approved by members of the state Duma today. Tax exemptio...
Russia goes easy on crypto tax as sanctions heat up
On June 28, members of Russia’s parliament approved a crypto-friendly draft bill. Should it become law, Russia will exempt crypto-asset issuers from value-added tax (VAT). The current tax rate for fir...
Russia Approves Potential Tax-Exemption for Digital Asset Issuers
Russian lawmakers recently approved a draft law that could possibly exempt digital asset issuers from making value-added tax payments. It has also established new tax rates on income earned through th...
With Sweden And Finland Set To Join NATO, Europe’s Geography Just Got A Lot More Difficult For Russia
A British Army tank during training in Estonia in 2022. Crown copyright Turkey will lift its objection to Finland and Sweden joining NATO, setting the stage for the alliance’s biggest expansion in a g...
Default Won’t Trigger a Long Winter for Russia
Failing to pay your debts can stop you getting a loan again. Except if you are a country—even Russia. Russia has defaulted on its foreign debt for the first time since the Bolshevik Revolution. Becaus...
Russian Billionaire Deripaska Doubles Down On Ukraine War Criticism
Topline Billionaire Russian oligarch Oleg Deripaska condemned the Russian invasion of Ukraine on Tuesday, emphasizing the negative economic fallout of the war, a rare admission for an oligarch closely...
Aerospace & Defense Companies View Their Business Through Ukraine-Colored Lenses
MARIUPOL, UKRAINE – MAY 22: Metinvest employees work at the Ilyich Iron and Steel Works on May 22, … [+] 2014 in Mariupol, Ukraine. (Photo by John Moore/Getty Images) Getty Images A report...
Russia Targets First Lady Jill Biden, Daughter Ashley And Mitch McConnell In Latest Sanctions Wave
Topline Russia on Tuesday announced a series of sanctions targeting 25 prominent Americans including the family of President Joe Biden and Senate Minority Leader Mitch McConnell , a retaliatory step a...
Russia defaults on debt: what are the long-term impacts?
Since the start of the “special military operation”, Russia has been under immense pressure from Western countries to withdraw from its offensive in Ukraine. Sanctions, the key tools of western govern...
At Least 18 Dead After Russian Strike On Ukrainian Mall Decried By Zelensky As ‘Terrorist Attack’
Topline The death toll from Russia’s missile strike on a shopping mall in central Ukraine on Monday rose to 18 as rescuers continued to search for dozens of missing individuals on Tuesday after the de...
Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid – Economics Bitcoin News
According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental c...
Russia Defaults On Its Foreign Debt As Grace Period For Payment Expires, Moody’s Says
Topline Russia has defaulted on its foreign debt for the first time since 1918, according to Moody’s, as the country claims its ability to make the payments have been impaired by economic sanctions ag...
Russia defaults on foreign debt
On 27 June, Russia defaulted on its obligations in rubles, and that was enough to decree the Kremlin’s default. The declaration of Russia’s alleged default Sanctions and foreign debt position put Russ...
Russia Says Putin Will Be Part Of G20 Summit—Setting Stage For Showdown With Western Leaders
Topline Russian President Vladimir Putin plans to participate in this year’s Group of 20 Summit, the Kremlin said Monday, setting up a potentially dramatic first meeting between Putin and his critics ...
Avoidable or inevitable recession? Billionaire David Rubenstein’s view
Much of the U.S. market focus has been on the Federal Reserve’s more aggressive interest rate hikes as a reason to fear a recession. But Carlyle Group co-founder and co-chairman David Rubenstein...