Sunday, June 28, 2026
Russian businessman Oleg Deripaska called the recent article about him published by the Financial Times "a portion of lies", RT reports. On Friday, FT wrote the U.S. believes that Deripaska laundered money for President Vladimir Putin. According to the publication, that was the reason why Washington imposed sanctions against the...
The Sharjah Economic Development Department (SEDD) in partnership with the UAE’s Ministry of Energy and Industry, MOEI, will host the UAE-Russian Business Forum next week, WAM EN reports. The Forum aims to enhance and strengthen ties of trade, economic and investment cooperation between UAE, in general, and Sharjah, in particular,...
Official Washington believes that sanctioned Russian oligarch Oleg Deripaska laundered money for President Vladimir Putin, The Financial Times reported Friday, citing a U.S. Treasury letter to Deripaska’s lawyers explaining the sanctions. The Trump administration imposed sanctions on Deripaska and two dozen other tycoons and officials in April 2018 in retaliation for what...
Russia’s weekly inflation remained at 0.1% week-on-week February 10, with the daily inflation slowing to 0.01% after an acceleration over the first few days in February, state statistics agency Rosstat said, according to ProFinance. Inflation is back in focus as it trends at record-low and below the Bank of Russia (CBR) signalled...
A court in southern Russia has sentenced a scientist to seven and a half years in prison for treason, state-run TASS news agency reported Thursday. Alexei Temirev, a Doctor of Technical Sciences from the city of Novocherkassk, was detained in July 2018 and his case files were classified. Investigators accused him of...
The Russian economy is changing and this makes it possible and even necessary to amend the constitution, President Vladimir Putin said at a meeting with the working group on amendments to the Russian constitution Thursday, according to AP. "It was impossible back in 1993 to enshrine certain things in the law,...
Just three years after being at the peak of his success in Russia, banker Dmitry Ananiev, whose wealth was once estimated by Forbes at $1.4 billion, is in a battle to prove his innocence in a fraud case brought against him by Russian authorities, The Guardian writes. In late 2017 the...
A businessman was arrested in Germany on suspicion of exporting millions of euros in machinery to Russia that could be used for military purposes, in violation of EU sanctions, prosecutors said Friday, according to the Associated Press. Customs police detained the suspect, German national Alexander S., in the Bavarian city...
A Russian court on Thursday fined social media companies Twitter and Facebook 4 million rubles ($62,845) each for their failure to comply with a Russian data law, TASS reported. The Tagansky District Court in Moscow fined Facebook for its refusal to put its server holding data about Russian citizens on...
Russian residents can use a growing number of online platforms to purchase cryptocurrencies with local fiat money, Bitcoin News writes. However, established cryptocurrency exchanges are not the most trouble-free option, as they often require extensive registration and rarely support popular payment methods in the region, unlike small online exchangers and...