Editors News Many Russians are turning to subsidized and even unauthorized power. Machines used over 8,400 kW of power paid for by the government. The Butyrskaya jail in central Moscow’s Tverskoy Dist...
Tag: Russian
China’s appetite for Russian energy is being hit by diminishing consumption, soaring prices
Since Russia invaded Ukraine, all eyes have been on China – waiting to see whether the world’s second-largest economy would provide support to its northern neighbour and “strategic p...
Russian lawmakers submit an NFT draft bill
Lawmakers have filed a bill with the State Duma aimed toward introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens got to be pr...
Russian Appellate Court Cancels Decision to Block Tor Project’s Website – Bitcoin News
A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during the initial proceedings, the c...
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...
Chinese producers lament loss of once-lucrative Russian deals
At a machinery exporter in the Chinese megacity of Nanjing, He Liyuan was dubbed “sales champion” last year – a distinction that the sales manager earned while focusing on the Russia...
Draft Law About NFTs Submitted to Russian Parliament – Regulation Bitcoin News
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be prote...
Oil Prices Under Pressure As China Considers Russian Crude
China added some downward pressure to oil prices this week when it clearly signaled its intent to buy more discounted Russian oil. Between China and India, Russia is racing to pivot towards Asia as th...
Daniil Medvedev Won’t Challenge Wimbledon Ban On Russian And Belarussian Players
Topline Daniil Medvedev, the second-ranked men’s tennis player, won’t take the All England Club to court over its decision to ban Russian and Belarusan players from Wimbledon, after countries and comp...
Chinese firms ‘told to stop work on Russian Arctic LNG 2 project’ due to EU sanctions
At least five Chinese companies will have to stop work on Russia’s Arctic LNG 2 project in northern Siberia by the end of this month, according to an industry publication, due to EU sanctions ag...
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 ...
On Dublin Backstreet, Hub of Russian Finance Quietly Falls Apart
(Bloomberg) — On a Dublin backstreet, behind a Georgian townhouse where the Irish Red Cross is raising funds to support Ukraine, a once-thriving hub of Russian finance is falling apart. Most Rea...
Russian minister says crypto to become means of payment ‘soon’
Russia’s minister of industry and trade, Dennis Manturov, believes it’s only a matter of time before crypto becomes a means of payment in the country, Reuters reported. Manturov made the statement at ...
Russian Minister hints at cryptocurrency adoption “sooner or later”
The popularity of digital assets in the global market has grown significantly, owing to the rapid rise of these assets. While some nations remain undecided regarding the legality and adoption of crypt...
Russian Soldier Pleads Guilty To Killing Unarmed Civilian In Ukraine’s First War Crimes Trial
Topline A Russian soldier pleaded guilty Wednesday to killing an unarmed civilian during Ukraine’s first war crimes trial since Russia invaded the country in February, in what could be the first of ma...
US Set to Block Russian Debt Payments, Raising Odds of Default
(Bloomberg) — The Biden administration is poised to fully block Russia’s ability to pay US bondholders after a deadline expires next week, a move that could bring Moscow closer to the brink of d...
Global Car Sales To Fall, Spooked By Russian Invasion, China’s Shutdown
Aerial view Vehicle carrier vessel cruising at car park in sea port or manufacture waiting for … [+] shipping export to worldwide. getty Global car sales were supposed to rally this year as manu...
McDonald’s Unveils Plans to Sell Its Russian Business amid Growing Sanctions
McDonald’s Russian business took a good footing in the country around the time when the Soviet Union was falling apart. American multinational fast food corporation, McDonald’s Corp (NYSE: MCD) has an...
Will Europe Ignore U.S. Warnings About China Like They Ignored Warnings Of The Russian Invasion Of Ukraine?
TOPSHOT – French President Emmanuel Macron (2ndL) welcomes EU Commission President Jean-Claude … [+] Juncker (L), German Chancellor Angela Merkel (C) and Chinese President Xi Jinping (R) b...
Will Ukraine’s Army Invade Russia?
Ukrainian main battle tank near Bakhmut, eastern Ukraine, on May 15, 2022. (Photo by YASUYOSHI … [+] CHIBA/AFP via Getty Images) AFP via Getty Images With Ukrainian forces now on the Russian bor...
After 11 Weeks, Will The Mariupol Siege End With Honor Or Horror?
Two Russian soldiers patrol in still contested Mariupol. AFP via Getty Images The ongoing Ukrainian defense of Mariupol, a port town of some 400,000 Ukraine citizens, is an epic feat of arms. As surre...
Russian ruble world’s best performing currency this year
I wrote this article last month examining the Russian ruble’s performance, which was highly unusual, and whether it could be a short opportunity going forward. Following a 40% plummet after the invasi...
Renault’s Russian Assets Nationalized After Carmaker Sells To Moscow
Topline French carmaker Renault has sold its Russian assets to the Russian government, the company announced Monday, the first major nationalization of a Western company’s assets since Moscow threaten...
Europe Looks To African Gas To Reduce Dependence On Russian Imports
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75% of the expected amount of gas produced by Russia in 2022, ac...
How Ukrainian Clothing Company Katimo Reopened During The War
After briefly closing due to the Russian invasion, Ukrainian clothing company Katimo reopened March … [+] 1 with a new, pro-Ukrainian line. Katimo Katimo is an entirely Ukrainian clothing busine...
Putin Warns Finland Over Joining NATO As Russia Cuts Off Electricity
Topline Russian President Vladimir Putin warned Finland on Saturday that abandoning military neutrality to join NATO would be “wrong,” as Russia halted electricity deliveries to Finland in apparent re...
One Of The Most Dangerous Jobs In The Russian Navy
A ‘Serna’ landing craft maneuvers to avoid an apparent MAM missile on May 12, 2022. Maxar photo The Russian Black Sea Fleet began the wider war with Ukraine in late February with maybe 11 ...
Ukraine Begins First War Crimes Trial For Russian Soldier Accused Of Killing Unarmed Civilian
Topline Ukraine on Friday held a preliminary hearing of a case against a 21-year-old Russian soldier accused of killing an unarmed 62-year-old Ukrainian man, potentially the first of many trials as au...
Brittney Griner’s Russian Detention Reportedly Extended By 30 Days
Topline Russian authorities extended the pre-trial detention of WNBA star Brittney Griner for 30 days during a Friday court hearing in Moscow, according to ESPN and the Associated Press, in what’s the...