Page 50 - Russia

Russia's CBRF to resume regular forex operations under budget rule in 2025

Under Russia's budget rule, the finance ministry sells foreign currency from its rainy day National Wealth Fund (NWF) to make up for any shortfall in revenue from oil and gas exports

Foiled Ukrainian plots to kill senior officials, their families: Russia

FSB, the main successor to the Soviet-era KGB, said that the Russian citizens had been recruited by the Ukrainian intelligence services

Bird strike, Russian missiles among Azerbaijan plane crash conspiracies

As investigators cite a possible bird strike for the plane crash, viral videos and social media speculation raise questions about shrapnel damage and a potential Russian defense system involvement

Russia's inflation at 9.5% amid rising prices of essentials, shows data

Inflationary expectations among households for the coming year also reached 13.9 per cent in December, the highest level since the beginning of the year

Russia says pipeline gas, LNG exports to Europe up by 18-20% in 2024

Russian pipeline gas exports to Europe face serious challenges

Russian missiles target Ukraine's energy infrastructure on Christmas day

Russia launched a massive missile barrage targeting Ukraine's energy infrastructure on Wednesday, striking a thermal power plant and prompting Ukrainians to take shelter in metro stations on Christmas morning. In a Facebook statement, Ukrainian energy minister, Herman Halushchenko, said Russia again massively attacks energy infrastructure." Ukraine's Air Force alerted multiple missiles fired at Kharkiv, Dnipro, and Poltava regions east of the country. The (electricity) distribution system operator takes the necessary measures to limit consumption to minimise negative consequences for the power system, he said. As soon as the security situation allows, energy workers will establish the damage caused. Ukraine's biggest private energy company, DTEK, said Russia struck one of their thermal power plants Wednesday morning, making it the 13th attack on Ukraine's power grid this year. Denying light and warmth to millions of peace-loving people as they celebrate Christmas is a depraved and

UP man's body returns home 6 months after death in Russia-Ukraine war

Kanhaiya Yadav, a resident of Bankata village here, left for Russia in January to work as a cook. Almost a year later, he returned home in a casket. Soon after arriving there, Yadav, 41, was enlisted in the Russian army and sent to the front lines of the Russia-Ukraine war where he was injured. Days after fighting for his life in a hospital, Yadav died on June 17, according to his family. His mortal remains were finally brought home on Monday. Yadav left for St. Peter's Square, Russia on January 16 after securing a work visa through an agent. He underwent training as a cook and was subsequently enlisted in the Russian army, said his wife Geeta. "On May 9, Yadav informed us that he was injured in the fighting. He was in touch with us till May 25, but there was no communication after that," she said. On December 6, the Indian embassy in Moscow informed the family that Yadav died on June 17 while undergoing treatment at a hospital, she added. Yadav's body was brought back on ...

Brics' influence growing among countries of Global South, says China

China on Tuesday said the appeal and influence of the BRICS bloc is growing more saliently as it is becoming the main platform to promote solidarity and cooperation between the Global South. With the partner countries on board the BRICS family, the BRICS cooperation is elevated to a new height, the BRICS mechanism has greater representation, Chinese Foreign Ministry spokesperson Mao Ning told the media here while responding to a question on Russia announcing new BRICS partner countries. Mao said a list of BRICS partner countries was finally agreed on with consensus among the member countries. The list included Indonesia, Malaysia, Thailand, Belarus, Bolivia, Cuba, Kazakhstan, Uzbekistan and Uganda. BRICS originally consisted of Brazil, Russia, India, China and South Africa. Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates have been admitted as new members. China stands ready to work with other BRICS members and partner countries to follow the spirit of openness, ..

Russian Army's biggest cargo ship sinks in Mediterranean after explosion

Two crew members were missing and 14 others were rescued and taken to the Spanish port of Cartagena

State refiners may buy Middle East spot oil to replace Russian shortfall

The refiners fear continued problems in securing Russian oil in the spot market could continue in coming months

News updates: Filmmaker Shyam Benegal passes away at 90 after prolonged illness

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Middle East share of India's Nov oil imports at 9-month high; Russia down

Refiners in India have been gorging on cheaper Russian oil despite problems posed by sanctions aimed at reducing Moscow's oil revenue

Donald Trump keeps door open to Putin offer for talks on war in Ukraine

The Russian president offered on Thursday to hold talks with Trump, saying, 'I'll be ready to meet if he wants'

Russian missile attack kills one in Kyiv, damages embassies, says Ukraine

Russia launched five ballistic missiles at the Ukrainian capital, all of which were intercepted by Ukrainian air defences

Russia targets Kyiv in response to Ukrainian strike using US-made weapons

Ukraine's air force said it intercepted five Iskander short-range ballistic missiles fired at the city

News updates: BJP MP PP Chaudhary appointed as the Chairperson of JPC for 'One Nation One Election'

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Russia keeps rates at 21% amid inflation struggles fueled by war spendings

Russia's central bank has left its benchmark interest rate at 21 per cent, holding off on further increases as it struggles to snuff out inflation fueled by the government's spending on the war against Ukraine. The decision comes amid criticism from influential business figures, including tycoons close to the Kremlin, that high rates are putting the brakes on business activity and the economy. Factories are running three shifts making everything from vehicles to clothing for the military, while a labour shortage is driving up wages and fat enlistment bonuses are putting more rubles in people's bank accounts to spend. All that is driving up prices. On top of that, the weakening Russian ruble raises the prices of imported goods like cars and consumer electronics from China, which has become Russia's biggest trade partner since Western sanctions disrupted economic relations with Europe and the US. High rates can dampen inflation but also make it more expensive for businesses to get th

Turkey, Russia engage in delicate manoeuvre over Syria after Assad's fall

The rapid downfall of Syrian leader Bashar Assad has touched off a new round of delicate geopolitical manoeuvring between Russia's Vladimir Putin and Turkiye's Recep Tayyip Erdogan. With the dust still settling from the stunning events in Damascus, the outcome for now seems to be favouring Ankara, which backed the victorious rebels, while Moscow suffered a bruising blow to its international clout. In the game of Czars vs. Sultans, this is Sultans 1 and Czars 0, said Soner Cagaptay, director of the Turkish Research Program at the Washington Institute. Far from being allies, Turkiye and Russia are competitors. And in this case, Turkiye has outsmarted Russia. The Assad regime's demise opens another chapter in the complex relationship between Putin and Erdogan, with wide-ranging implications not just for Syria but also for Ukraine and the two leaders' ties with Washington. Russia and Turkiye share economic and security interests along with an intense rivalry. The personal relationship

Wait for Donald Trump before extending Russia sanctions: Orban to EU

The EU has imposed 15 rounds of sanctions on Moscow over its invasion of Ukraine, which need to be extended every six months

Brics developing tools to lead global economy, attract new members: Putin

Russian head of state emphasised that the association works for the interests of the member states