Category: World

World

Russian Defense Supplier on Brink of Bankruptcy Amidst Price Control Crisis

A Russian electronics firm that provides power components for military jets and commercial aircraft, such as the Sukhoi Superjet, has ceased operations and is facing potential bankruptcy, as reported by the tech publication Cnews. Optron-Stavropol, known for supplying power semiconductors to aircraft manufacturers like MiG, Sukhoi, and Tupolev, as well as the forthcoming MC-21 airliner, […]

World

Kyrgyzstans A7A5 Cryptocurrency Facilitates $9 Billion in Sanction-Evasion Transactions

A cryptocurrency token named A7A5, launched in Kyrgyzstan to assist Russia in executing cross-border payments while circumventing international sanctions, has facilitated $9.3 billion in transactions in just four months, according to a report by the Financial Times. Launched in February, this stablecoin is linked to the Russian ruble and has associations with Ilan Şor, a […]

World

Civil Lawsuit Targets Dagestans High-Ranking Official Over Alleged Privatization Scandal

State prosecutors initiated a civil lawsuit earlier this week against senior Dagestani official Magomed-Sultan Magomedov as part of an ongoing inquiry into alleged unlawful privatization activities. Magomedov, who has held the position of Dagestan’s state secretary since 2021, was reportedly detained on Wednesday in Makhachkala following searches at numerous properties associated with him and his […]

World

Russias Sneaky Supply Chain: €1 Billion in Aircraft Parts Bypassed Sanctions Since 2022

Russia continues to import aircraft components from Boeing and Airbus despite sanctions imposed by the EU and the U.S. following the invasion of Ukraine, as reported by Finnish public broadcaster Yle on Thursday. An investigation by Yle scrutinized Russian customs data and discovered that since 2022, Russia has imported aircraft parts valued at over 1 […]

World

Belgorod Region Halts Housing Subsidies for Some Displaced Residents as Security Measures Shift

Authorities in the Belgorod region of southwestern Russia will halt housing compensation for some residents who have been displaced, starting in August. They cite improvements in security in several border areas and aim to motivate residents to return to their homes. A state of emergency was declared across the Belgorod region last August due to […]

World

NATO Identifies Russia as a Persistent Threat to Euro-Atlantic Security

On Wednesday, the NATO military alliance characterized Russia as a “long-term threat” to its collective security in a joint statement from their summit, which promised increased defense expenditure and reiterated steadfast support for Ukraine. The 32 member countries of NATO expressed their unity in confronting significant security dangers and challenges, especially the enduring threat that […]

World

Reflections on a Revolt: Eyewitness Accounts of the Wagner Mercenary Mutiny Two Years On

A former worker at Yevgeny Prigozhin’s “troll factory,” a graduate student caught up in the turmoil, and a soldier hailing from Rostov-on-Don—where rebel forces had overtaken the city—shared their experiences from a tumultuous day in contemporary Russian history, two years after Wagner’s formidable uprising against the Russian military hierarchy. Their reflections were captured in interviews […]

World

Title: How the Escalating Israel-Iran Tensions Could Propel Russian Economic Gains in Energy Markets

Oil prices continue to fluctuate due to rising tensions between Israel and Iran, which may have broader regional implications. This uncertainty is advantageous for Russia, but the actual financial benefits depend on the duration and severity of the ongoing conflict. Moscow stands to gain the most from a prolonged situation that creates energy supply apprehension […]

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More