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...
Tag: Russian
Russian Industry Faces Code Crisis as Critical Software Pulled
(Bloomberg) — Russia’s reliance on foreign software to run its factories, farms and oil fields is turning into one of the biggest headaches for domestic industry as more IT providers pull out of...
Russian ruble hits 7-year high, highlighting failure of West’s sanctions
It’s no secret that the dollar has been outperforming relative to other currencies, as I wrote about here, when I felt the brunt of it while holidaying in Ecuador last week (who use the USD). The doll...
New Photos Show Brittney Griner In Russian Court As Trial Date Is Set For July 1
Topline American basketball star Brittney Griner’s trial in Russia will begin Friday, authorities said during Griner’s appearance in a Moscow court on Monday according to the Associated Press. Brittne...
Russian Gas Cuts Threaten World’s Largest Chemicals Hub
LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...
Russian ruble continues to grid. What next?
The USD/RUB price is hovering near its lowest level in 2015 as the strength of the Russian ruble continued. The pair is trading at 53.60, which is about 65% below the highest level this year. It has f...
G-7 Set to Ban New Russian Gold Imports in Pledge Backed by US
(Bloomberg) — US President Joe Biden and fellow Group of Seven leaders will agree to announce a ban on new gold imports from Russia, a person familiar with the plan said, the latest sanction in ...
Would The Russian Lawmakers Impose Fines On Illegal Crypto Issuance Or Exchange?
Russia has recently taken another move in order to regulate cryptocurrencies as they introduce a new bill. The Russian authorities have put forward a bill as they plan to govern the issuance of ...
Russian parliament considers bill to fine illicit crypto issuance or exchange
Russian authorities are accelerating cryptocurrency regulation with the introduction of a new bill seeking to govern the issuance of cryptocurrencies. The bill put forward on June 22 under considerat...
Germany Warns of Lehman-Like Contagion From Russian Gas Cuts
(Bloomberg) — Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in trigger...
Ukrainian Kamikaze Drone Strike Sets Russian Oil Facility Ablaze
Russian media are showing a video this morning of a kamikaze drone attack on a Russian oil refinery which leaves the site in flames. The strike looks like the sort of Drone Doolittle Raid which Forbes...
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’ – Economics Bitcoin News
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On...
German Stance On Russian Energy Could Affect Future Of The Euro
German Stance on Russian Energy Could Affect Future of the Euro Canva Since the execution of the Maastricht Treaty in 1992 that led to the establishment of the Euro single currency, different European...
Switzerland Imports Russian Gold for First Time Since War
(Bloomberg) — Switzerland imported gold from Russia for the first time since the invasion of Ukraine, showing the industry’s stance toward the nation’s precious metals may be softening. Most Rea...
Russian Oil Company Turns to Cryptocurrency Mining Amidst Crippling Western Sanctions
Jun 21, 2022 at 09:19 // News Russian oil company Gazpromneft announced that it will use its massive oil resources to mine cryptocurrencies. This comes after US sanctions on Russian oil have led to a ...
Russian Oil Flows to Europe Have Quietly Started Creeping Up
(Bloomberg) — Europe’s resolve to stop buying Russian crude may be starting to ebb.The continent’s oil refineries took 1.84 million barrels a day of crude from Russia last week, according to tan...
China swoops on cheap Russian oil as Western supplies dry up
Russia China oil sanctions – AP Russia has overtaken Saudi Arabia as China’s biggest oil provider as Beijing seeks to take advantage of the crisis by snapping up cheaper supplies. China’s crude ...
Russian Ministry of Finance dismisses selling oil for Bitcoin
The use of cryptocurrency as a payment method for international transactions is being considered for small private business contracts in Russia, but this will apparently not affect oil supplies. Dire...
Austria Returns to Coal Era in Hedge Against Russian Power Play
(Bloomberg) — Austria is returning to the coal age, reviving use of the dirtiest fossil fuel to generate power as Russia curbs flows of natural gas to Europe. Most Read from Bloomberg State-cont...
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin – Economics Bitcoin News
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the departmen...
China Buys $7.5 Billion of Russian Energy With Oil at Record
(Bloomberg) — China continued to snap up Russian energy products last month, including a record quantity of crude oil, lifting purchases to $7.47 billion — about $1 billion more than April...
BitRiver And Russian Oil Giant Team Up To Power Data Centers
The third-largest oil producer in Russia has joined forces with BitRiver, a bitcoin mining business based in Switzerland, to mine bitcoin utilizing spare resources. BitRiver will construct the digital...
Russian Energy Giant Taps BitRiver to Mine BTC With Flared Natural Gas
Russia’s third-largest oil producer inks agreement with green crypto mining hosting company BitRiver to set up mining facilities on oil fields. As debates rage on in North America about the alleged im...
Putin Taunts West Over ‘Putin Inflation’ In Speech At ‘Russian Davos’
Topline Russian President Vladimir Putin said during a Friday speech those blaming him for surging inflation don’t “know how to read or write,” directly mocking President Joe Biden, who’s pinned much ...
15,000 Russian Millionaires Are Trying To Exit The Country Amid War In Ukraine, U.K. Says
Topline Thousands of Russian millionaires may be preparing to leave their country as the war with Ukraine continues, the U.K. Defense Ministry said on Friday in its daily intelligence update, signalin...
“No Place For Cryptocurrencies In Russian Financial Systems”- Central Bank Of Russia
According to a Russian News Website, Elvira Nabiullina, the head of the Central bank of Russia has reiterated that Russia stands firm on its policy of intolerance to trading Cryptocurrencies domestica...
Dutch Intelligence Catches Russian Spy Attempting To Infiltrate War Crimes Court
Topline A Dutch intelligence agency said it foiled a Russian attempt to plant a spy in the International Criminal Court who was attempting to pose as a Brazilian intern to gain information about the c...
Ukrainian Combat Robots Join Fight Against Russian Invasion
Ukrainian forces are getting a new helper, a locally-made robotic battlefield scout called GNOMGNOM (“Gnome”). The small machine, from the Temerland company based in Zaporizhia, will stealthily reconn...