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☆ Ukraine: Russia is capturing its biggest swath of territory since July 2022, as Kyiv desperately awaits US weaponry
▼ + stars: | 2024-05-01 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +6 min

Russian forces have used the “artillery drought” hampering Ukraine’s defenses since December to push forward on the eastern front near Avdiivka, making the largest advance since the early months of the war. Only on Sunday did the top Ukrainian military commander, Oleksandr Syrskyi, admit the fall of a series of villages that his subordinates had insisted for days were still contested. The resulting fallback showed Russian forces had, in just over two months, made the most substantial and swift progress since July 2022’s advances near Severodonetsk, according to a CNN analysis. DeepStateMap, which updates the frontline situation daily, showed significant losses near Avdiivka. Yurii Fedorenko, commander of the Achilles attack drones company at the 92nd separate assault brigade in that area, said the next two months marked a “window of opportunity” for Russian forces.

Persons: Chasiv, Oleksandr Syrskyi, Ruslan Mykula, ” Mykula, ”, Volodymyr Zelensky, Oleksandr Ratushniak Oleksandr Ratushniak, Chasiv Yar, Col Nazar Voloshyn, ” Voloshyn, Druzhkivka, Novozhenina, Yurii Fedorenko, “ Organizations: CNN, Sunday, Kurakhove, Ukraine’s, Airborne, REUTERS, Reuters, Russian Locations: Ukraine, Avdiivka, Donetsk, Mariupol, Russia, Pokrovsk, Chasiv Yar, Bakhmut, Ukrainian, Russian, Avdiivka’s, Severodonetsk, Ocheretyne, Kurakhve, Kupiansk, Kharkiv, Moscow

☆ A stalemate in the Ukraine war could now be the best-case scenario, analyst says
▼ + stars: | 2024-04-02 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Ukrainian soldiers of a mortar team in 24th brigade are seen at positions near Toretsk, Ukraine on March 26, 2024. Anadolu | Anadolu | Getty ImagesBefore the two-year anniversary of Russia's war against Ukraine, defense experts widely predicted that the conflict would settle into a stalemate in 2024, leading neither side to make or lose a significant amount of territory. Russia's recent momentum — and ongoing worries over Ukraine's weaponry and ammunition shortages, as well as stalled U.S. military aid — are now prompting concerns that a stalemate might even be the "best-case scenario" that Kyiv can hope for this year. At worst, Ukraine could see Russian forces breaking through Ukraine's defensive positions along parts of the front line, one defense expert noted. Ukrainian servicemen of 24th brigade operate an 82mm mortar near the frontline in Toretsk as the war between Russia and Ukraine continues in Toretsk, Ukraine on March 27, 2024.

Persons: Ben Barry, Volodymyr Zelenskyy, Barry, Vladimir Putin, confidants, Evgenia Novozhenina, Ian Bremmer, Ukraine's, Metin Organizations: Anadolu, Getty, Land Warfare, Kremlin, Reuters Supply, Ukraine, Eurasia Group Locations: Toretsk, Ukraine, Moscow, Avdiivka, Russia, Russia’s, Donetsk, Luhansk, Russian, Iran, North Korea, Germany, U.S, Europe, Ukrainian, Izium, Kharkiv

CNN —Boris Nadezhdin, an anti-war candidate vying for the Russian presidency, said Wednesday he had submitted the signatures required to be listed on the presidential election ballot, potentially allowing him to stand against Vladimir Putin in March. Nadezhdin announced he had delivered 105,000 signatures, the maximum allowed by law, to the Central Election Commission in Moscow, which now has 10 days to review the signatures. Many thanks to those dozens, even hundreds of thousands of people who stood in queues throughout our huge country, in 75 regions of the country, in more than 120 or 130 cities, collecting signatures,” Nadezhdin said at a press conference. Dozens line up to give their signatures in support of Nadezhdin, who hopes to run against Putin in the Russia's March presidential election. He has garnered the support of other prominent Russian opposition figures, including members of jailed Kremlin critic Alexey Navalny’s team and exiled oligarch Mikhail Khodorkovsky, who urged Russian citizens to add their signatures for Nadezhdin.

Persons: Boris Nadezhdin, Vladimir Putin, Nadezhdin, ” Nadezhdin, Putin, ”, Anatoly, Evgenia Novozhenina, “, I’m, Alexey Navalny’s, oligarch Mikhail Khodorkovsky, Yekaterina Duntsova, Duntsova Organizations: CNN, Commission, Putin, Duma, Civic Initiative Party, Russia’s CEC, CEC, Central Locations: Moscow, Russia, Europe, London, Paris, Georgia’s, Tbilisi, Ukraine, Russian

☆ Boris Nadezhdin: Anti-war presidential candidate ignites Russian anger
▼ + stars: | 2024-01-25 | by ( Clare Sebastian | ) edition.cnn.com time to read: +4 min

Dozens, if not hundreds of people lining up in freezing conditions to try to ensure an anti-war presidential candidate has enough signatures to get on the ballot for the vote in March. Key endorsements from other Russian opposition figures, including associates of jailed Kremlin critic Alexey Navalny have helped. The candidate is Boris Nadezhdin, on the surface an unlikely opponent for Vladimir Putin. People give their signatures in support of Boris Nadezhdin, who plans to run for Russian president in the March 2024 election, outside his campaign office in Moscow on January 23. Evgenia Novozhenina/ReutersHe went on to become an adviser to opposition leader Boris Nemtsov, assassinated within view of the Kremlin in 2015.

Persons: Alexey Navalny, Boris Nadezhdin, Vladimir Putin, He’s, oligarch Mikhail Khodorkovsky, Evgenia Novozhenina, Boris Nemtsov, “, Putin, ”, Russia’s, I’m, Nadezhdin, Elizaveta, Yulia Morozova, Ivan, Elena, Anna Chernova Organizations: CNN, Reuters, Kremlin, Civil Initiative Locations: Russia, London, Paris, Georgia’s, Tbilisi, Moscow, Ukraine, Bryansk, “, Russian

People, including Russian law enforcement officers, walk near St. Basil's Cathedral and the Kremlin's Spasskaya Tower, as a pigeon flies over Red Square in central Moscow, Russia, March 20, 2023. It was not clear from Russian media reports which foreigners the draft legislation - if it becomes law - would apply to or what the punishment would be for not adhering to the "agreement" which foreigners would have to sign upon entry to Russia. The chairman of the Duma's CIS Affairs Committee said that the draft law was well advanced and was being worked on by the interior ministry, the government, the presidential administration as well as his committee. "The draft law on the so-called 'loyalty agreement' with migrants entering the Russian Federation is in a high degree of readiness," Leonid Kalashnikov told Interfax.

Persons: Evgenia, Vladimir Putin, Putin, Leonid Kalashnikov, Kalashnikov, Lidia Kelly, Guy Faulconbridge, Andrew Osborn, Nick Macfie Organizations: REUTERS, TASS, Russian Federation, Fatherland, Nazi, Opposition, State Duma, Duma's CIS, Committee, Thomson Locations: St, Basil's, Moscow, Russia, MOSCOW, Ukraine, Soviet, Berlin, Europe, Melbourne

"Fear is present but it is conscious," said Duntsova, who this month announced she wanted to run for president in the March 2024 election. They say that Putin has restored order and some of the clout Russia lost during the chaos of the Soviet collapse. When asked what she thought of Putin, Duntsova laughed nervously. "When in Europe and the United States they say that Russia and the Russians are Putin - that is not right. She said hardliners in the West and in Russia would be happy to see Russia closing itself off from the world.

Persons: Evgenia, Duntsova, Soviet Union stoked, Vladimir Putin, Putin, chuckled, Indira Gandhi, Africa's Nelson Mandela, Alexandra Skochilenko, Andrei Pivovarov, Ilya Yashin, Vladimir Kara, Murza, Alexei Navalny, She, Guy Faulconbridge, Ed Osmond Organizations: Reuters, REUTERS, Rights, Kremlin, CIA, Justice Ministry, Prosecutors, Thomson Locations: Moscow, Russia, Ukraine, Soviet Union, Europe, Russian, RUSSIA, Putin's Russia, United States, Siberian, Krasnoyarsk, Rzhev, Tver

The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. Dutch holding company Yandex NV's planned restructuring is aimed at recouping some shareholder funds with the sale of its main revenue-generating Russian businesses, such as its search and ride-hailing operations. 'CONTROL FOR LESS'Yandex NV may sell 100% of a holding company set up in Russia's Kaliningrad region, said one of the people. A third source said this scenario would see Yandex NV make a clean break with Russia. Yandex NV shareholders could easily have been left with nothing, said one of the sources.

Persons: Evgenia, Yandex, Yandex's, Arkady Volozh, Russia's, nationalising Yandex, Darya Korsunskaya, Alexander Marrow, David Goodman, Bernadette Baum Organizations: REUTERS, Kremlin, VK, Reuters, Carlsberg, Danone, Yandex, Thomson Locations: Moscow, Russia, Ukraine, Yandex, Dubai, Russia's Kaliningrad, nationalising

☆ Russian e-commerce firm Ozon's ADS delisted from Nasdaq
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

A woman picks up an order at the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsNov 9 (Reuters) - Russian e-commerce firm Ozon said on Thursday its American depositary shares (ADS) had been delisted from Nasdaq, bringing its near-three year association with the U.S. exchange to a close. Ozon, one of Russia's top e-commerce companies, raised nearly $1 billion in an initial public offering (IPO) in late 2020, a debut that sparked a mini-IPO boom for Russian firms. But trading in Ozon's securities on Nasdaq was suspended soon after Russia invaded Ukraine in February 2022, as were listings of Russian companies on the London Stock Exchange. "The company’s decision to proceed with the deregistration is aimed at reducing the complexity and costs of reporting following the delisting of the ADSs from Nasdaq," Ozon said in a statement.

Persons: Evgenia, Ozon, Ozon's ADSs, Alexander Marrow, Mark Potter Organizations: REUTERS, Nasdaq, London Stock Exchange, U.S . Exchange, U.S . Securities, Exchange Commission, Kazakhstan's Astana International Exchange, Thomson Locations: Moscow, Russia, Ukraine

☆ Yandex takes step towards Russian approval for restructuring
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File photo Acquire Licensing RightsMOSCOW, Oct 27 (Reuters) - Nasdaq-listed Russian tech company Yandex (YNDX.O) said on Friday it had obtained one of the approvals needed from the Russian government for its planned restructuring, which it hopes to complete by the end of 2023. Yandex, while reporting a 33% drop in third-quarter adjusted net income, said its board remained committed to completing the restructuring and divesting all Russia-based businesses. It said class A shareholders had now given consent for the merger of certain intermediate Dutch holding companies into Yandex NV. Yandex said it planned to take a restructuring proposal to shareholders for approval by the end of 2023.

Persons: Evgenia, Yandex, Alexander Marrow, Jason Neely, Mark Potter Organizations: REUTERS, Rights, Nasdaq, Yandex, Moscow, Reuters, Yandex NV, Thomson Locations: Moscow, Russia, Ukraine, nationalising, Washington

☆ Almost half of Russians say salary does not cover basic spending - survey
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsMOSCOW, Oct 23 (Reuters) - The number of Russians who say their salary does not cover basic spending has jumped by 20 percentage points in two years to almost half, a survey by recruiter Headhunter showed, as Moscow diverts record fiscal resources to funding its war in Ukraine. Asked whether their salary was enough to cover basic spending, without taking into account income from second jobs or investments, just one in five Russians surveyed said yes. That is up from 25% in 2021 and 39% in 2022, Headhunter's survey showed. Of the 45% lacking the money for basic spending, more than half said they were at least 20,000 roubles ($212) short per month. The average monthly nominal wage earned by Russians was 71,419 roubles ($756) in July, Rosstat's statistics show.

Persons: Evgenia, Headhunter, Vladimir Putin, Alexander Marrow, Gareth Jones Organizations: U.S ., Russian, REUTERS, Rights, Bank of Russia's, International Monetary Fund, Thomson Locations: Moscow, Russia, Ukraine

☆ Tesla raises US price of Model X Plaid all-wheel drive by 5.6%
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] A Tesla Model X electric vehicle is shown in this picture illustration taken in Moscow, Russia July 23, 2020. Picture taken July 23, 2020. REUTERS/Evgenia Novozhenina/File photo Acquire Licensing RightsOct 19 (Reuters) - Tesla (TSLA.O) has increased the price of its Model X Plaid all-wheel drive to $94,990 from $89,990 in the United States, the electric vehicle maker's website showed on Thursday. Higher financing costs meant the price of the popular Model Y SUV was "almost unchanged" for consumers despite price cuts, Musk said. Earlier this month, Tesla cut prices for its Model 3 and Model Y vehicles in the U.S.

Persons: Evgenia, Elon Musk, Tesla, Musk, Chandni Shah, Sohini Goswami, Savio D'Souza Organizations: Tesla, REUTERS, Plaid, Thomson Locations: Moscow, Russia, United States, Bengaluru

☆ Russian e-commerce firm Ozon notifies Nasdaq of delisting intention
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

A view shows the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. But trading in Ozon's securities on Nasdaq was suspended soon after Russia despatched troops to Ukraine in February 2022, as were listings of Russian companies on the London Stock Exchange. "We have no reason to believe that trading of Ozon's ADSs on Nasdaq will resume. This step is aimed at reducing costs associated with providing reports to the U.S. Securities and Exchange Commission's standards." Ozon said it planned to file for voluntary delisting by Oct. 30, and that the delisting would not affect its operations.

Persons: Evgenia, Ozon, Ozon's ADSs, Olga Popova, Alexander Marrow, Kevin Liffey Organizations: REUTERS, Nasdaq, London Stock Exchange, U.S . Securities, Exchange, Kazakhstan's Astana International Exchange, Thomson Locations: Moscow, Russia, Ukraine MOSCOW, Ukraine

But Russia's Accounts Chamber, which oversees budget execution, warned on Monday there were risks the Urals price would fall below $60 in 2024-2026. Russia's forecast sees economic growth of 2.3% in 2024, well above estimates of 1.1% from the International Monetary Fund and 0.5%-1.5% from the Bank of Russia. CHANGING TUNEAt Russia's flagship economic forum in St Petersburg in June, Siluanov said increasing expenditure was difficult, as budget spending had already increased by 1-1/2 times from 2019 to 2022. Now, even as the government outlines plans for spending to jump to 36.7 trillion roubles in 2024, he is more relaxed. Renaissance Capital's Donets and Melaschenko said Russia could create temporary taxes, permanently increase rates of VAT, or adjust Russia's budget rule to permit more spending of energy revenues.

Persons: Evgenia, Anton Tabakh, Vladimir Putin, Anton Siluanov, Denis Popov, Yevgeny Suvorov, Suvorov, Sofya Donets, Andrei Melaschenko, Dmitry Polevoy, Siluanov, Melaschenko, Alexei Sazanov, Sazanov, Konstantin Sonin, It's, Sumanta Sen, Mark Trevelyan, Alexander Marrow, Catherine Evans Organizations: U.S ., Russian, REUTERS, Washington, Finance, International Monetary Fund, Bank of Russia, Capital, Reuters Graphics Russia, University of Chicago, Thomson Locations: Moscow, Russia, Ukraine, West, St Petersburg

☆ US electric-vehicle sales hit record high, Tesla loses market share - report
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

The company logo is pictured on a Tesla Model X electric vehicle in this picture illustration taken in Moscow, Russia July 23, 2020. REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsOct 12 (Reuters) - Electric vehicle (EV) sales in the United States jumped to more than 300,000 for the first time in the third quarter, but industry leader Tesla's market share slipped to the lowest on record, a report by Cox Automotive showed on Thursday. "Higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market," Cox said. The price war started by Tesla has brought average EV prices down to $50,683 in September, down from $52,212 in the prior month, Cox added. Reuters GraphicsTotal EV sales for the third quarter rose nearly 50% from a year ago, and accounted for a record 7.9% of total industry sales, the report showed.

Persons: Evgenia, Tesla's, Tesla, Cox, Canalys, Zaheer Kachwala, Devika Organizations: Tesla, REUTERS, Cox Automotive, Elon, Reuters, Rivian, Thomson Locations: Moscow, Russia, United States, U.S, Bengaluru

[1/3] Dmitry Muratov, editor of the now-banned independent newspaper Novaya Gazeta, stands in a courtroom before a hearing of the case of Russian veteran human rights campaigner Oleg Orlov, accused of discrediting Russia's armed forces, in Moscow, Russia October 11, 2023. Orlov, 70, was defending himself in a case based on a November 2022 article in which he wrote that Russia under President Vladimir Putin had descended into fascism. "Where is it defined that our commander-in-chief (Putin) always rightly understands not only the interests of Russia, but the interests of its citizens?" Orlov asked in his closing speech at a trial which began in June. "And if the ideas of a part of Russia's citizens about their own interests don't match those of the commander-in-chief, don't they have the right to talk about this?"

Persons: Dmitry Muratov, Oleg Orlov, Russia's, Evgenia, Orlov, acquit, Vladimir Putin, Putin, Vladimir Kara, Murza, Alexei Navalny, Gareth Jones Organizations: Novaya Gazeta, REUTERS, Memorial, Thomson Locations: Moscow, Russia, Ukraine

☆ Russian parliament bosses to discuss revoking ratification of nuclear test ban treaty
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +3 min

Russian lawmakers attend a session of the State Duma, the lower house of parliament, in Moscow, Russia January 16, 2020. The Kremlin chief said Russia could look at revoking ratification of the Comprehensive Nuclear Test Ban Treaty (CTBT) as the United States had signed, but not ratified, it. On Friday, Russia's envoy to the Comprehensive Nuclear Test Ban Treaty Organization (CTBTO) said Moscow would revoke its ratification of the pact, a move that Washington denounced as endangering "the global norm" against nuclear test blasts. Last month CNN said satellite images showed growing activity at nuclear test sites in Russia, China and the United States. In 2020, the Washington Post said the then-Trump administration had discussed whether to hold a nuclear test.

Persons: Evgenia, Vladimir Putin, Putin, Russia's, Vyacheslav Volodin, Washington, Lidia Kelly, Guy Faulconbridge, Gerry Doyle, Clarence Fernandez Organizations: State Duma, REUTERS, Putin, Kremlin, Comprehensive, Duma, Treaty Organization, Cuban Missile, United, The Soviet Union, CNN, Washington Post, Trump, United Nations, Thomson Locations: Moscow, Russia, States, MOSCOW, Russian, United States, China, Soviet, Ukraine, Washington, Egypt, Iran, Israel, India, North Korea, Pakistan, Melbourne

☆ 'Attention - do not panic': Russia to conduct emergency public warning tests
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Evgenia Novozhenina/files Acquire Licensing RightsSummary Russia to hold public warning testsRussia says: Do not panic when you hear the sirensUnited States also to hold public warning testMOSCOW, Oct 4 (Reuters) - Russia will conduct a nationwide test of its emergency public warning systems on Wednesday, blaring out sirens and interrupting television broadcasts to warn the population of an impending danger. "The warning system is designed to timely convey a signal to the population in the event of a threat or emergency of a natural or man-made nature." The United States is also conducting a large-scale test of its public warning systems on Wednesday, via U.S. mobile phones and TV and radio stations. Many other countries have also conducted alert system tests for crisis and disasters in recent years. The goal of Russia's tests is to assess the warning systems, the readiness of personnel responsible for launching them and raise public awareness, the emergency ministry said.

Persons: Evgenia, Lidia Kelly, Guy Faulconbridge Organizations: REUTERS, Cuban Missile, Ministry, Emergency, U.S, Federal Emergency Management Agency, FEMA, Thomson Locations: St, Basil's, Red, Moscow, Russia, States, MOSCOW, Ukraine, United States, Russian, Melbourne

☆ Russian journalist who staged TV war protest handed 8 1/2 year jail term in absentia
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

Former Russian state TV employee Marina Ovsyannikova, who staged an anti-war protest on live state television and was later charged with public activity aimed at discrediting the Russian army amid Ukraine-Russia conflict, attends a court hearing in Moscow, Russia, July 28, 2022. REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsMOSCOW, Oct 4 (Reuters) - A Russian court sentenced former state TV journalist Marina Ovsyannikova, who burst into a news broadcast with a placard that read "Stop the war" and "They're lying to you", to eight and half years in jail in absentia on Wednesday. Ovsyannikova was found guilty of "spreading knowingly false information about the Russian Armed Forces", according to a statement posted by the court on Telegram. She had staged her original protest less than three weeks after Russia invaded Ukraine on Feb. 24, 2022, in what it called a "special military operation". Writing by Maxim Rodionov; editing by Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Marina Ovsyannikova, Evgenia, Ovsyannikova, Maxim Rodionov, Guy Faulconbridge Organizations: REUTERS, Rights, Russian Armed Forces, Thomson Locations: Russian, Ukraine, Russia, Moscow, Ovsyannikova

☆ Finland lifts ban on transferring Yandex data to Russia
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsOSLO, Sept 26 (Reuters) - Finland's data protection regulator said on Tuesday it had lifted a temporary ban on Russian tech group Yandex (YNDX.O) and Dutch-based partner Ridetech from transferring to Russia the personal data of customers of Yandex's Yango ride-hailing app. The emergency ban was announced in August in response to Russian legislation which Finland at the time believed would give Russia's Federal Security Service the right to receive data from Finnish users processed in taxi operations. Yango has said it processes data in strict compliance with General Data Protection Regulation (GDPR) and EU legislation, and that Russia in any case had no jurisdiction over the company's international business. Norway had also planned a similar ban to the one issued by Finland but had not issued a formal order and will refrain from doing so, a spokesperson for the Norwegian Data Protection Agency said.

Persons: Evgenia, Ridetech, Yango, Terje Solsvik, Ros Russell Organizations: REUTERS, Rights, Federal Security Service, Yandex, General Data Protection, Norwegian Data Protection Agency, Thomson Locations: Moscow, Russia, Rights OSLO, Finland, Finnish, Norway

☆ U.S. ambassador to Russia visits jailed reporter Gershkovich
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

Ambassador Lynne Tracy visited Wall Street Journal reporter Evan Gershkovich in a Moscow prison on Friday, the embassy said, as he prepares for a new appeal next week against his pre-trial detention on spying charges that he denies. Gershkovich was arrested on March 29 in the Urals city of Yekaterinburg on charges of espionage that carry up 20 years in prison. Gershkovich is the first U.S. reporter to be accused of spying in Russia since the Cold War. His latest appeal against his detention is due to be heard next Tuesday, but previous ones have been rejected. The United States has designated both men as "wrongfully detained", meaning it considers the charges against them to be bogus and politically motivated.

Persons: Evan Gershkovich, Evgenia, Lynne Tracy, Gershkovich, Mikhail, Evan, Tracy, Paul Whelan, Mark Trevelyan, Daniel Wallis Organizations: REUTERS, Rights, Wall Street, UN, U.S, United Nations, United, Thomson Locations: Moscow, Russia, Yekaterinburg, U.S, Washington, Ukraine, American, Russian, United States

☆ Russian c.bank governor speaks against reintroducing currency restrictions
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

Elvira Nabiullina, Governor of Russian Central Bank, speaks to the media during the conference "10 years of the Megaregulator: yesterday, today, tomorrow" in Moscow, Russia September 1, 2023. REUTERS/Evgenia Novozhenina/File photo Acquire Licensing RightsMOSCOW, Sept 15 (Reuters) - Russian Central Bank Governor Elvira Nabiullina spoke out against reintroducing currency controls after hiking rates to 13% on Friday, warning that such steps were inefficient and ultimately would be circumvented. Nabiullina said that discussions about currency restrictions were underway, but were largely for the government to decide. "Administrative restrictions, if they are effective... then they are usually effective only for a limited time," Nabiullina said. Similarly, she said, repatriating FX revenues from foreign banks to Russian ones would have no impact on the rouble rate.

Persons: Elvira Nabiullina, Evgenia, Russian Central Bank Governor Elvira Nabiullina, Nabiullina, Vladimir Putin, Elena Fabrichnaya, Alexander Marrow, Vladimir Soldatkin, Anastasia Lyrchikova, Mark Trevelyan Organizations: Russian Central Bank, REUTERS, Rights, Russian Central Bank Governor, Bank of Russia, Thomson Locations: Moscow, Russia

☆ The pigeon keepers of Moscow
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: 1 min

[1/13]Anatoliy Seliverstov, 67, holds pigeons outside his dovecote in Moscow, Russia. Pigeon houses have decreased in number as breeders, mostly elderly people, face pressure from the authorities and real estate developers. REUTERS/Evgenia NovozheninaMOSCOW, RUSSIA

Persons: Anatoliy Seliverstov Organizations: REUTERS Locations: Moscow, Russia, Evgenia, MOSCOW, RUSSIA

☆ U.S. reporter Gershkovich appeals latest extension of detention in Russia
▼ + stars: | 2023-08-26 | by ( ) www.reuters.com time to read: +1 min

Wall Street Journal reporter Evan Gershkovich, who was arrested in March while on a reporting trip and accused of espionage, stands behind a glass wall of an enclosure for defendants before a court hearing to consider an appeal against his detention, in Moscow, Russia June 22, 2023. REUTERS/Evgenia Novozhenina Acquire Licensing RightsAug 26 (Reuters) - U.S. journalist Evan Gershkovich has appealed against the latest extension of his pre-trial detention in Moscow on spying charges that he denies, Russian state media said on Saturday. TASS news agency quoted a Moscow court as saying it had received the appeal from the defence team of the Wall Street Journal reporter. Gershkovich was arrested on March 29 in the Urals city of Yekaterinburg on spying charges that carry up to 20 years in prison. No date has been set for his trial, and on Thursday his detention in Moscow's Lefortovo prison was extended by three months to Nov. 30.

Persons: Evan Gershkovich, Evgenia, Gershkovich, Paul Whelan, Mark Trevelyan, David Holmes Organizations: REUTERS, TASS, Wall Street, Thomson Locations: Moscow, Russia, Yekaterinburg, Moscow's, United States, Ukraine, Washington, U.S, Russian

The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. Moscow already demands a 50% discount on all foreign deals after consultants selected by the Russian government have valued the business. But three people familiar with the exit process for foreign companies said that some deals are facing demands for additional discounts before the government gives a green light. Another person, who works on M&A transactions and with foreign companies, said deals exceeding $100 million were at particular risk of being denied. In its biannual financial stability review, the central bank said foreign companies under pressure to leave Russia were doing so on "unfavourable" terms.

Persons: Evgenia, Carlsberg's, Intesa, Vladimir Putin's, Suren Gortsunyan, Rybalkin, Gortsunyan, Alexey Kupriyanov, Elena Fabrichnaya, Alexander Marrow, Victor Goury, Josephine Mason, Jane Merriman Organizations: REUTERS, Reuters, Heineken, Arnest, Companies, Nasdaq, Russia, Dyakin, Partners, Aspring, Nato, Thomson Locations: Moscow, Russia, Ukraine, MOSCOW, Russian, London, Laffont, Gdansk

☆ Russian stocks retreat from pre-invasion high as rouble rebounds
▼ + stars: | 2023-08-14 | by ( Alexander Marrow | ) www.reuters.com time to read: +3 min

FILE PHOTO: A board showing currency exchange rates of the U.S. dollar and euro against Russian rouble is on display in a street in Moscow, Russia, August 12, 2023. By 1510 GMT, the rouble was 1% stronger against the dollar at 98.45 , firming back below the 100 threshold. Stocks on Monday briefly hit their highest since before Moscow launched what it calls a “special military operation” in Ukraine, before falling back. The rouble-based MOEX Russian index was 0.1% higher at 3,157.1 points. A trader at a large Russian bank told Reuters the market was confused: “Everyone is ready for the inflow of revenues from expensive oil, but it seems to be hanging somewhere, and our regulators are somehow indifferent, there is nothing to rely on.”

Persons: Evgenia, Vladimir Putin’s, ”, firming, Stocks, Yulia Goldina, ” Goldina, “, Brent Organizations: Reuters, U.S ., Russian, REUTERS, Investments, Sinara Investment Bank, BCS Locations: Moscow, Ukraine, Russia, Russian

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