Saturday, June 21, 2025
Billionaire Ziyavudin Magomedov was arrested by Russian police on Saturday on charges of embezzling more than $35 million, in one of the highest-profile prosecutions of a Russian tycoon in years, Reuters reported. 49-year-old Magomedov, who is one of Russia’s richest men, holds assets in construction and logistics through his sprawling...
A suspected Russian hacker who was extradited to the United States from the Czech Republic has pleaded not guilty to hacking computers at LinkedIn, Dropbox and other American companies, The Associated Press reported. YevgeniyNikulin pleaded not guilty to computer intrusion, aggravated identity theft and other charges in federal court in...
The latest diplomatic expulsions have left Russia and the West with little capacity for more such largely symbolic measures, setting the stage for less predictable forms of escalation as the rift between the two sides grows, analysts say. “There is still room for more battles in this diplomatic war, but...
The United States and its allies are worried that the Kremlin might be taking information warfare to new depths, after it was found that Russian ships are lurking around underwater communications cables, The Associated Press reported. The 400 fiber-optic cables carry most of world’s calls, emails and texts, as well...
Russian pork, soybeans and wine have high chances of filling the niche in China’s market American farmers may leave amid the trade war, Izvestya reports. Starting from Saturday, Beijing may significantly raise import duties for 128 U.S. goods in response to Washington’s heavy tariffs on the import of steel and...
The Russian crypto regulation draft law, proposed earlier this month, has been slammed by experts as “too centralized,” BitsOnline reports. Just days after a new draft law on crypto regulation was proposed in Russia by a group of legislators led by Anatoly Aksakov, head of the financial markets committee...
Two large Irish banks, AIB and Bank of Ireland, may have served to peddle money from one of the most high-profile Russian corruption cases in the past decade, The Irish Times reports. According to a report submitted to Irish police this week, around $3 million from an elaborate $230 million tax...
China’s yuan-denominated crude oil futures launched today in Shanghai with 15.4 million barrels of crude for delivery in September changing hands over the first-day trading session, The Trumpet reported. Glencore, Trafigura, and Freepoint Commodities were among the first to buy the new contract. Within minutes of the launch, the price...
Cryptocurrency and Blockchain associations in Russia, China, and South Korea are planning to file a joint lawsuit in May against Google, Twitter, Facebook, and Yandex for not allowing crypto-related advertising, local news outlet TASS reported Wednesday. Google, Facebook and Twitter all banned cryptocurrency advertising on their platforms recently, and Yandex of...
German authorities on Wednesday issued a final approval for a new gas pipeline from Russia, risking higher tensions with eastern neighbors fearful of European energy dependence on Moscow, Deutsche Welle reported. The Federal Agency for Maritime Navigation and Hydrography (BSH) issued the approval after investigating the environmental and commercial impact...