Even Russia’s central bank is ‘surprised’ as country’s lenders post record profits Banking Russian banks posted record profits in 2023 in news that surprised even the country’s own central bank, showing how the state is weathering Western sanctions over the war in Ukraine.
UK aims to break Russia’s stranglehold on nuclear fuel market with £300m uranium programme Energy Hinkley Point C is one of the government's flagship nuclear reactor programmes
Food inflation cools but Russia’s exit from grain deal poses threat to prices UK ECONOMY Food inflation cooled once again in August, new figures out today show, in a sign that cost of living pressures in the UK are gradually starting to ease. Food inflation fell to 11.6 per cent in August, down from 14.3 per cent in July, according to fresh figures from the British Retail Consortium (BRC). However, [...]
Putin notches up tension as Russia’s upper house revokes ratification of nuclear test ban October 25, 2023 Putin has noted that, while some experts have argued that it is necessary to carry out nuclear tests, he has not yet formed an opinion on the issue.
Binance to sever all ties with Russia September 27, 2023 Cryptocurrency exchange Binance has entered into an agreement to sell the entirety of its Russia business to CommEX as it looks to cut all ties with Moscow.
Russia’s war in Ukraine: Two dead on 12 mile bridge to Crimea amid reports of explosions July 17, 2023 Traffic on the key bridge connecting Crimea to Russia’s mainland has been halted amid reports of explosions. Two have been reported as dead following the explosion. The health ministry in Russia’s Krasnodar region, which lies at the eastern end of the bridge, said two people were killed in an unspecified accident on the bridge and [...]
As Russia’s war in Ukraine rages on, venture investors are looking to cash in on ‘defence tech’ April 7, 2023 Russia's invasion of Ukraine brought a sharp close to a decade-long venture capital funding frenzy last year, as soaring inflation, rapid rate hikes and tumbling valuations caused investors to hurriedly tuck away their cheque books.
Russia’s athletics doping suspension is OVER, but ban remains due to Ukraine invasion March 23, 2023 World Athletics president Seb Coe has said that Russia’s seven-year doping ban has been lifted, but restrictions due to the Ukraine invasion remain. An investigation uncovered widespread state-sponsored doping was present across many disciplines in Russia and the country was banned from having athletes compete under the Russian flag unless they were categorically, in no [...]
US and EU pile new sanctions on Russia February 24, 2024 The United States and the European Union have heaped new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony. The US government imposed roughly 600 new sanctions on Russia and [...]
Russia’s ex PM and President Medvedev threatens to nuke Germany over Putin arrest warrant March 24, 2023 The former President and prime minister of Russia Dmitry Medvedev appears to have threatened Germany with a nuclear attack this morning. The controversial politician made the claim on Twitter in response to the International Criminal Court’s decision to issue an arrest warrant for Vladimir Putin, for war crimes. This comes after Germany, which was one [...]