Category: World

The CEO of Sberbank, German Gref, remarked on Friday that the interplay of elevated interest rates and an overvalued ruble is creating a “perfect storm” that could hinder investment and negatively impact Russia’s economic growth over the coming years. “We are confronted with a significant array of challenges that we can describe as a perfect […]

President Vladimir Putin highlighted the increasing economic clout of the BRICS nations and Russia’s shift towards non-Western markets during a plenary session at the St. Petersburg International Economic Forum (SPIEF) on Friday. He described this as a “restructuring” of the Russian economy. “BRICS accounts for 40% of the global economy,” Putin stated in his speech. […]

On Wednesday, U.S. President Donald Trump seemed to dismiss Vladimir Putin’s proposal to mediate the conflict between Israel and Iran, suggesting that the Russian leader should focus on resolving his own conflict in Ukraine first. “He actually offered to help mediate, and I responded, ‘Do me a favor, mediate your own issues first. Let’s deal […]

Officials reported on Friday that a recent aerial attack by Russia on Ukraine resulted in one fatality and over a dozen injuries, with the southern port city of Odesa being the primary target. Images released by Ukraine’s emergency services showed firefighters assisting a woman in pajamas as she escaped from a window of a burning […]

A criminal inquiry into a Russian prostitution network involving minors has revealed claims that billionaire oligarch Oleg Deripaska was a patron, according to a recent investigative report by the exiled news organizations Vyorstka and IStories. This purported sex trafficking operation reportedly functioned from at least 2018 to 2019, disguising itself as regional teen beauty contests, […]

Emergency services in Kyiv announced on Wednesday that the death toll from a Russian airstrike the day before has increased to 28, with over 130 individuals reported injured. Early on Tuesday, Russia unleashed numerous drones and missiles on Kyiv, which President Volodymyr Zelensky described as “one of the most devastating assaults” on the city since […]

On Tuesday, the United Kingdom implemented new sanctions aimed at what is referred to as Russia’s “shadow fleet,” adding 20 more ships to its blacklist along with 10 individuals and organizations tied to the nation’s energy and shipping industries. Security experts indicate that this aging fleet is utilized by Moscow to bypass international sanctions that […]

BRUSSELS — NATO has decided to limit the public sharing of information regarding its actions and support for Ukraine due to concerns that Russia might exploit this information for its own ends, according to officials from three NATO member countries who spoke to The Moscow Times on condition of anonymity. As the NATO summit approaches […]

Russian President Vladimir Putin is set to visit China in August for a regional summit, discussions with Chinese President Xi Jinping, and events commemorating the 80th anniversary of the conclusion of World War II in Asia, as announced by the Kremlin on Thursday. Since Russia’s large-scale invasion of Ukraine, Putin and Xi, who often call […]

The Russian economy faces the risk of a significant slowdown due to an extended period of elevated interest rates, and returning to a growth trajectory might prove challenging, as warned by a senior official from Sberbank, the country’s largest bank. Alexander Vedyakhin, the First Deputy CEO of Sberbank, expressed to Reuters on Wednesday, “There is […]