Ukrainian defense ministry photo The Russian army in three months of fighting has lost as many soldiers killed in action as the Soviet army lost in nine years of warfare in Afghanistan starting in 197...
Tag: Russia
Is There Progress In Addressing Putin’s Crime Of Aggression?
The last weeks have seen several domestic criminal prosecutions of Russian soldiers accused of war crimes. Further trials are anticipated as the Office of the Prosecutor in Ukraine collects evidence o...
Russia Loosens More Capital Controls as Ruble Extends Surge
(Bloomberg) — Russia eased a key capital control that’s underpinned the ruble’s recovery as the currency’s blistering rebound picked up pace Monday. Most Read from Bloomberg The share of foreign...
Starbucks will exit Russia after 15 years, closing 130 licensed cafes
After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The co...
Starbucks Will Exit Russia, Close 130 Cafes
Topline Starbucks will close all its business in Russia, the company announced in a note to employees Monday, becoming the latest multinational firm to sever ties with the country following its invasi...
How Russia defended the ruble from Ukraine war sanctions — Quartz
The Russian ruble has emerged as the best-performing currency in 2022, despite wide-ranging sanctions imposed for its invasion of Ukraine. It is nearly 30% higher against the US dollar, as of May 23, ...
The Coming Global Recession, Helped By Europe’s ‘Green War’ With Russia
Much of today’s economic woes can be blamed on the pandemic and China supply chain. But Europe and … [+] Russia’s energy war over Ukraine is adding fuel to the fire. getty The “adult...
Russian TV Shows Off Rare 2S4 Mega Mortar-Then Ukraine Blows It Up
A Russian 2S4 self-propelled mortar explodes near a building in southern Rubizhne, Luhansk Oblast, … [+] as recorded by a Ukrainian military drone. Video capture. As Russian troops attempt to br...
Giant Artillery Opens Fire As Russia Goes On The Attack In Donbas
A Russian 2S4 mortar in Donbas. Telegram user @epoddubny capture Fighting has sharply escalated in eastern Ukraine’s Donbas region. Both sides are bringing in more and heavier artillery, adding to the...
Hope For The Formula Shortage, McDonald’s Leaves Russia, And Soaring Chicken Prices
Through the early weeks of the pandemic, fake meat sales grew some 200% at retail, and that hype helped drive the sector to secure more than $2 billion in funding. A lot of that came from venture capi...
McDonald’s exiting Russia after 32 years is the end of an era
Soviet customers stand in line outside the just opened first McDonald’s in the Soviet Union on January 31, 1990 at Moscow’s Pushkin Square. Vitaly Armand | Afp | Getty Images It was 4 a.m....
Stephen Roach gives stagflation warning, calls peak inflation absurd
Stagflation is making a comeback, according to former Morgan Stanley Asia chairman Stephen Roach. He warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth. ̶...
Russia Prepares To Cut Gas Supplies To Finland Days After NATO Application
Topline Finland will be cut off from Russian gas after it refused demands to pay in rubles, Finnish state-owned firm Gasum said on Friday, just days after the Nordic country formally set aside decades...
Are Russia’s New Drone Killing Lasers Effective Weapons or A Sign of Desperation?
A picture taken on March 22, 2022 shows a downed Russian drone in the area of a research institute, … [+] part of Ukraine’s National Academy of Science, after a strike, in northwestern Kyi...
Why Would Russia Fire A ‘Syrian’ S-300 Missile At Israeli Jets?
If the recent report that an advanced Syrian S-300 air defense missile was fired at Israeli Air Force (IAF) fighter jets for the first time is indeed accurate, it could be a big deal. Israel’s Channel...
Putin’s ‘Under Pressure’ Commanders Will Push Unprepared Forces To Donbas, U.K. Defense Ministry Says
Topline Russia will likely hastily redeploy forces from Mariupol to Donbas without time for “adequate preparation” once it has secured the city, the U.K.’s defense ministry said on Friday, as Moscow’s...
Legalizing Crypto Payments Will Happen “Sooner or Later”: Russia Trade Minister
Within months, the sentiments to ban cryptocurrencies in Russia have changed dramatically, and at present, key government officials are the ones advocating for ways to incorporate the nascent asset cl...
Russia ready to launch first blockchain projects
According to rumours, Russia could issue the first digital financial assets based on blockchain by the end of this year. Russia is working on new protocols developed on blockchain Russia invests in th...
Palo Alto Q3 results: ‘getting more interest from nation states around Russia’
Shares of Palo Alto Networks Inc (NYSE: PANW) jumped 10% in after-hours trading on strong results for the fiscal third quarter and pleasing guidance for the future. What Palo Alto Networks Q3 earnings...
Russia will soon legalize crypto payments: trade minister
According to Denis Manturov, the Russian Federation’s Ministry of Industry and Trade, crypto payments will be legalized “sooner or later.” “The question is when, how, and under...
Lawmakers Introduce Resolution To Free Brittney Griner From Russia
Topline Three members of the House of Representatives introduced a resolution to push for the release of WNBA star Brittney Griner, who has been detained in Russia since February on drug charges. Brit...
Russia will inevitably legalize crypto payments, says trade minister
Russia will legalize crypto payments “sooner or later,” according to the Minister of Industry and Trade of the Russian Federation, Denis Manturov. The country’s government has been exploring various c...
McDonald’s to sell Russian business to existing Siberian licensee
The Kremlin’s towers and passers-by are seen reflected in the window of a closed McDonald’s restaurant in Moscow on May 16, 2022. Natalia Kolesnikova | AFP | Getty Images McDonald’s ...
Trade Minister Expects Russia to Legalize Cryptocurrency – Regulation Bitcoin News
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislat...
Fuel is a problem for business and consumers — Why prices are so high
A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images The surge in gasoline prices is impossible to miss and at ...
Russia plans to legalize crypto payments sooner or later
Russia has announced a plan to legalize cryptocurrency payments. Denis Manturov, the Minister of Industry and Trade in the Russian Federation, has said that crypto payments in the country will be supp...
Russia Will Legalize Crypto in Some Way Sooner or Later, Local Minister Says
Russia’s Industry and Trade Minister – Denis Manturov – revealed that the local authorities will eventually legalize cryptocurrencies as a means of payment “in some format or other.” The possible appr...
Russia To Legalize Cryptocurrency Soon?
The Russian trade minister has claimed that the nation will inevitably legalize crypto payments “sooner or later.” Crypto Legalization Is Inevitable: Trade Minister According to the Minister of Trade...
In 2011, Venezuela Was No. 4 For U.S. Oil Imports; In 2021, It Was Russia
Venezuelan President Nicolas Maduro called a demonstration in the summer of 2019, complete with a … [+] hand-held sign in English, after former U.S. President Donald Trump imposed an economic em...
Russia To Legalize Cryptocurrency As Form Of Payment, Minister Says
Since January 1 of last year, cryptocurrencies have been legal in Russia, however they cannot be used to purchase goods or services. Russia recently enacted a new cryptocurrency law that, although fal...