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☆ Meet the woman who engineered Russia's wartime economy and helped secure another term for Putin
▼ + stars: | 2024-04-02 | by ( Huileng Tan | ) www.businessinsider.com time to read: +12 min

Russian central bank governor Elvira Nabiullina has played a key role in stabilizing Russia's sanctions-hit economy. It's also aimed at the woman behind him: Elvira Nabiullina, the country's central bank governor, who plays a chief role in keeping Russia's wartime economy ticking. At the time, she was the first woman to lead a Group of Eight, or G8, central bank. In 2015, Euromoney, a finance trade publication, named Nabiullina Central Bank Governor of the Year. In December, she issued a warning that Russia's economy was at risk of overheating.

Persons: Elvira Nabiullina, —, Putin, It's, Nabiullina, Daniel McDowell, McDowell, wined, Christine Lagarde, Nabiullina —, Richard Portes, Portes —, Portes, Anders Åslund, Åslund, Leo Tolstoy, Fyodor Dostoevsky, Franz Kafka, Yaroslav Kuzminov, Kuzminov, Nabiullina's, Alan Harvey, Herman Gref —, Central Bank Governor Elvira Nabiullina, Maxim Shemetov, Michel Camdessus, she's, isn't, Sergei Aleksashenko, Alexei Makarkin, Vladimir Pesnya, Nabiulina, let's Organizations: Ukraine, Service, Russian, KGB, Syracuse University, Kremlin, International Monetary Fund, US, London Business School, Moscow Times, Bloomberg, Higher School of Economics, —, Moscow State University, SNS, USSR, Industrial Union Board, Gref, Central Bank Governor, Nabiullina Central Bank Governor, Banker, Central Banker, IMF, Monetary Fund, Financial Times, Government, Political Technologies, Wall Street Journal, RBC, Politico Europe Locations: Russian, Ukraine, Russia, Brussels, Nabiullina, Swedish, Moscow, Ufa, Central Russia, Tatars, Crimea, Euromoney, Europe, steadying

☆ Pope acknowledges his Russia comments were faulty
▼ + stars: | 2023-09-04 | by ( Philip Pullella | ) www.reuters.com time to read: +4 min

[1/3] Pope Francis holds a news conference aboard the papal plane on his flight back after visiting Mongolia, September 4, 2023. "I was not thinking of imperialism when I said that," Francis said about his comments last month. The comments caused an uproar in Ukraine because Russian President Vladimir Putin has invoked the legacies of the two Russian monarchs in justifying his invasion of Ukraine and the annexation of its territory. They were welcomed by the Kremlin, which praised the pope for his knowledge of Russian history. There were dark political years in Russia but the heritage is there, available to all," he said.

Persons: Pope Francis, Ciro Fusco, Pope, Catholic Church Pope, Francis, tsars Peter I, Catherine II, Vladimir Putin, Fyodor Dostoevsky, Peter, Catherine, Francis said, John XXIV, Philip Pullella Organizations: REUTERS Acquire, Catholic Church, Kremlin, Communist Party, Vatican, coy, Thomson Locations: Mongolia, Russia, Ukraine, Kremlin China, China, Vatican, Beijing, Vietnam, Marseilles

MOSCOW, July 12 (Reuters) - Russia is decaying in a potent brew of absurdity and repression that is comparable to the Leonid Brezhnev-era of the Soviet Union, Oleg Orlov, one of the Russia's most respected human rights campaigners, told Reuters. One of the leaders of the Memorial rights group, which won a share of the Nobel Peace Prize in 2022 a year after being banned and dissolved in Russia, Orlov stood by his articles and cast Russia as a country gripped by the demons of history. "Russia is going backwards," Orlov told Reuters in his Moscow flat over a glass of the traditional fermented kvas. "For Putin, war is his political technology," Orlov said. Current Russian levels of repression, he said, could be compared to the Brezhnev era of the Soviet Union after the arrest of writers Andrei Sinyavsky and Yuli Daniel in 1965.

Persons: Leonid Brezhnev, Oleg Orlov, Orlov, Wagner, Russia, Vladimir Putin's, Putin, Brezhnev, Andrei Sinyavsky, Yuli Daniel, unpatriotic, Aleksandr Solzhenitsyn's, William Faulkner, Fyodor Dostoevsky's, Tatiana, Guy Faulconbridge, Filipp Lebedev, Nick Macfie Organizations: Reuters, Memorial, Solidarity, West, Thomson Locations: MOSCOW, Russia, Soviet Union, Moscow, Ukraine, Soviet, Afghanistan, Chechen, Russian, Tbilisi

☆ Russia's Medvedev snaps back after U.S. appeal over Ukraine war
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: +2 min

Russia's invasion of Ukraine has triggered one of the most deadly wars in Europe since World War Two and the deepest crisis in Moscow's relations with the West since the 1962 Cuban Missile Crisis. Medvedev said the missiles could be placed 100 miles (160 km) off the U.S. coast, adding: "So rejoice! He was speaking after the U.S. embassy to Russia released a video that it called an "an appeal to the people of Russia". The 50-second video included images of the impact of bombing in Ukraine, saying what was happening there "is not worthy of you". Since the war began, Medvedev's rhetoric has become increasingly vitriolic though his published views sometimes chime with thinking at the top levels of the Kremlin elite.

☆ Crypto winter highlights gold’s warming qualities
▼ + stars: | 2022-11-25 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

That’s why crypto pioneers developed stablecoins, which peg their market price to old-fashioned fiat currencies. The FTX founder agreed that digital tokens were impossible to value since they generated no cash flow. In other words, the entire crypto world has the mechanics of a Ponzi scheme. In such a nightmare scenario, access to a decentralised, anonymised type of digital money could prove indispensable. In this world bitcoin serves as the lifeboat for civilisation, offering protection against both anarchy and the surveillance state.

☆ Breakingviews: Crypto winter highlights gold’s warming qualities
▼ + stars: | 2022-11-25 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

LONDON, Nov 25 (Reuters Breakingviews) - The crypto winter is bitterly cold. The FTX founder agreed that digital tokens were impossible to value since they generated no cash flow. In other words, the entire crypto world has the mechanics of a Ponzi scheme. In such a nightmare scenario, access to a decentralised, anonymised type of digital money could prove indispensable. In this world bitcoin serves as the lifeboat for civilisation, offering protection against both anarchy and the surveillance state.

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