Page 172 - Russia

India set to skip buying Russia's ESPO crude in Sept as freight costs jump

India, which rarely used to buy Russian oil, has emerged as Moscow's second biggest oil customer after China since Moscow's invasion of Ukraine in late February

Russian call-up sparks exodus by some men as air fares soar

President Vladimir Putin on Wednesday ordered Russia's first mobilisation since World War Two and backed a plan to annex swathes of Ukraine

UCO Bank becomes first lender to get RBI's approval for rupee trade

Many banks in India are planning to open such special vostro accounts for settling trade transactions with other nations

Vladimir Putin's call-up brings reality of war home to many Russians

Police detained about 1,400 people at protests against the order in 38 cities Wednesday night, according to the OVD-Info monitoring group.

Zelenskyy demands punishment for Russia's war on Ukraine in UN address

Ukrainian President Volodymyr Zelenskyy demanded punishment for Russia for the war in Ukraine, which has left thousands of people killed, displaced millions and reduced towns to rubble

President Zelensky vows Ukraine's win as Russian forces redouble efforts

Ukraine's president has implored the world to punish Russia for its invasion, even as the leader vowed his forces would win back every inch of territory despite Moscow's decision to redouble its war effort. In a much-anticipated video address to the UN General Assembly hours after Russia on Wednesday announced it would mobilise some reservists, Volodymyr Zelenskyy portrayed the declaration as evidence the Kremlin wasn't ready to negotiate an end to the war but insisted his country would prevail anyway. We can return the Ukrainian flag to our entire territory. We can do it with the force of arms, the president said. But we need time. Putin's decree on Wednesday about the mobilisation was sparse on details. Officials said as many as 300,000 reservists could be tapped. It was apparently an effort to seize momentum after a Ukrainian counteroffensive this month retook swaths of territory that Russians had held. But the first such call-up in Russia since World War II also brought the ..

Russia not serious about ending war, says Ukrainian President Zelensky

Ukrainian President Volodymyr Zelenskyy suggested Wednesday that Russia's decision to mobilize some reservists showed that Moscow isn't serious about negotiating an end to its nearly seven-month-long war. Speaking by video to the UN General Assembly meeting of world leaders hours after Russian President Vladimir Putin's announcement, Zelenskyy insisted his country would prevail in repelling Russia's attack and forcing its troops out. "We can return the Ukrainian flag to our entire territory. We can do it with the force of arms," the president said. "But we need time." Putin's decree Wednesday about the mobilization was sparse on details. Officials said as many as 3,00,000 reservists could be tapped. It was apparently an effort to seize momentum after a Ukrainian counteroffensive this month retook swaths of territory that Russians had held. But the first such call-up in Russia since World War II also brings the fighting home in a new way for Russians and risks fanning domestic anxi

Why Vladimir Putin's desperate military call-up won't win the Ukraine war

Vladimir Putin announced that a series of referendums on joining Russia would be held in the conquered territories of eastern Ukraine this week

Russian separatists release 10, including 2 US veterans held in Ukraine

Two US military veterans who disappeared three months ago while fighting Russia with Ukrainian forces were among 10 prisoners, including five British nationals, released by Russian-backed separatists as part of a prisoner exchange mediated by Saudi Arabia, officials said Wednesday. Alex Drueke, 40, and Andy Huynh, 27, went missing in the Kharkiv region of northeastern Ukraine near the Russian border June 9. Both had traveled to Ukraine on their own and became friends because both are from Alabama. The families announced their release in a joint statement from Dianna Shaw, an aunt of Drueke. "They are safely in the custody of the US embassy in Saudi Arabia and after medical checks and debriefing they will return to the states," the statement said. Shaw said both men have spoken with relatives and are in "pretty good shape", according to an official with the US embassy. The Saudi embassy released a statement saying it helped secure the release of 10 prisoners from Morocco, the Unite

Rupee sheds 0.3% as US dollar soars ahead of Fed's policy statement

Putin's call for partial mobilisation hits risk appetite in currency market

US bank CEOs grilled by Congress over economy, consumer protections, Russia

JPMorgan Chase's Jamie Dimon said consumers continued to be in 'rather good shape', but there is a chance of a mild recession which could be worse depending on the course of Russia's war in Ukraine

Russia 'shamelessly violated' UN Charter in Ukraine, says Joe Biden

President Joe Biden said Wednesday that Russia has shamelessly violated the core tenets" of the United Nations charter with its brutal, needless war in Ukraine. Delivering a forceful condemnation of Russia's invasion to the international body, Biden said reports of Russian abuses against civilians in Ukraine should make your blood run cold. He also said Russian President Vladimir Putin's new nuclear threats against Europe showed reckless disregard for his nation's responsibilities as a signatory of the Treaty on the Non-Proliferation of Nuclear Weapons. We will stand in solidarity against Russia's aggression. Period, Biden said.

Gold regains some poise on latest Russia jitters; focus on Fed rate hike

Spot gold was up 0.7% at $1,674.79 per ounce by 1205 GMT. U.S. gold futures rose 0.7% to $1,683.

US-India in talks to reduce country's dependence on Russian arms, energy

Russia is "no longer a reliable weapons supplier", and Indians are "coming to understand" that they could benefit from finding other suppliers, an official of the US State Department said

Putin mobilises 300,000 more troops, wields Ukraine nuclear threat

"Those who are trying to blackmail us with nuclear weapons should know that the wind patterns can also turn in their direction," the president said, accusing the US and allies of seeking to "destroy"

Dollar hits two-decade high as Putin rattles markets before Fed rate hike

Putin ordered Russia's first mobilisation since World War Two, warning the West that if it continued what he called its "nuclear blackmail" that Moscow would respond with might of all its vast arsenal

UEFA approves Euro 2024 qualifying draw procedure; Russia barred

Russia will be barred from taking part in Euro 2024, having been suspended from UEFA and FIFA competitions

Ukraine conflict: Putin announces partial mobilisation for Russian citizens

Russian President Vladimir Putin on Wednesday announced a partial mobilisation in Russia as the war in Ukraine reaches nearly seven months. Putin's address to the nation comes a day after Russian-controlled regions in eastern and southern Ukraine announced plans to hold votes on becoming integral parts of Russia. The Kremlin-backed efforts to swallow up four regions could set the stage for Moscow to escalate the war following Ukrainian successes on the battlefield. The referendums, which have been expected to take since the first months of the war, will start Friday in the Luhansk, Kherson and partly Russian-controlled Zaporizhzhia and Donetsk regions. Putin said he has signed a decree on the partial mobilisation, which is due to start on Wednesday. We are talking about partial mobilisation, that is, only citizens who are currently in the reserve will be subject to conscription, and above all, those who served in the armed forces have a certain military specialty and relevant ...

Senators urge Biden admin for secondary sanctions on Russian oil purchases

The push comes as the US and Group of Seven nations seek to limit Russian President Vladimir Putin's ability to fund his war in Ukraine

Biden nominates veteran foreign service officer as ambassador to Russia

President Joe Biden has formally nominated a veteran foreign service officer with years of experience in Russian affairs to be the next US ambassador to Russia. The White House announced the nomination of Lynne Tracy, the current US ambassador to Armenia, to the post after the Russian government signed off on the choice. Tracy's selection had been known for some time but had not been announced pending Russia's approval. Ambassadorial nominations must be approved by the host government under the rules of diplomatic protocol. Such approval is generally routine but couldn't be taken for granted at a time of particularly fraught US-Russian relations over Ukraine, the detention of Americans in Russia, allegations of Russian meddling in US and other elections, and an escalating spat over the staffing of embassies in Washington and Moscow. Tracy, who speaks Russian, previously served as a senior adviser for Russian affairs in the State Department's Bureau of European and Eurasian Affairs,