Category: World

World

Putin Greenlights Renaissance Capitals Acquisition of Citibank Russia Amid U.S. Withdrawal

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President Vladimir Putin has sanctioned the acquisition of Citibank’s Russian subsidiary by the local investment firm Renaissance Capital, as stated in a decree released on Wednesday. This move marks the completion of Citigroup’s exit from the Russian market. The Kremlin’s decree permits Renaissance Capital to purchase the entire 100% stake of Citibank Russia from Citigroup […]

World

Ukrainian Assaults on Energy Infrastructure Cause Widespread Blackouts in Russian Border Areas

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Ukrainian assaults on Russian energy infrastructure left over 20,000 residents in border areas without electricity on Sunday, according to local officials. The governor of the Belgorod region, Vyacheslav Gladkov, reported that the electricity and heating supply system had sustained extensive damage in the regional capital. He noted on Telegram, “Several streets are experiencing power outages… […]

World

Morgenshtern Faces Decade-Long Ban from Lithuania Amid National Security Concerns

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Lithuania has imposed a ten-year entry ban on exiled Russian rapper Morgenshtern, according to reports from local media on Thursday. The Baltic News Service reported that Lithuania’s migration authorities indicated this ban was enacted following a written recommendation from the Foreign Ministry, which expressed concerns that Morgenshtern could represent a national security risk. “The entry […]

World

Targeted Assault: Russias Latest Strikes Devastate Ukraines Energy Network Amid Winter Gloom

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A Russian assault on Ukraine’s energy infrastructure resulted in the deaths of four individuals and led to power outages in multiple areas, according to Ukrainian officials on Saturday. In recent months, Moscow has intensified its attacks on Ukraine’s energy facilities, particularly affecting natural gas plants that provide essential heating fuel for the nation. Experts warn […]

World

FSB Alleges Foiled Anglo-Ukrainian Scheme to Seize Russian Fighter Jet

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On Tuesday, Russia’s Federal Security Service (FSB) announced that it had disrupted what it described as a conspiracy involving the UK and Ukraine to seize a Russian military aircraft and transport it to Romania. The FSB asserted that it had “exposed and prevented an operation orchestrated by the… Ukrainian Defense Ministry in collaboration with its […]

World

Lukoil Suspends Operations in Iraqs West Qurna-2 Amid Sanctions and Force Majeure Declaration

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Lukoil has announced a force majeure at a significant oilfield in southern Iraq due to the disruption of its operations caused by Western sanctions, as reported by Reuters on Monday, referencing informed sources. The West Qurna-2 oilfield, situated 65 kilometers (40 miles) northwest of Basra, is among the largest in the world and represents Lukoil’s […]

World

Senior Russian Military Official Sentenced to a Decade Behind Bars for Defense Procurement Corruption

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A Russian court has sentenced a high-ranking military officer to a decade in prison for accepting bribes related to defense procurement contracts, according to investigators on Thursday. Ivan Populovsky, the former head of a military representative office, along with his subordinate, Grigory Zorin, was detained in September 2024 on allegations of receiving over 11 million […]

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