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Russian students are being asked to turn in their vapes, per a report. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementStudents at a Russian university are asking their peers to donate their vapes to help the Russian military, a report said. Their components can be repurposed to make drones for Russia's invasion of Ukraine, according to Russian publication Novaya Gazeta Europe.
Persons: Organizations: Service, Novaya Gazeta Europe, Russia's University of, university's Military Department, Kyiv Post Locations: Russia, Ukraine, Russia's, Russia's University of Samara, Russian, Soviet, USSR, Ukrainian, Kyiv
A Russian dissident journalist who suffered a suspected poison attack last year says no country is safe from fascism. "I honestly believe no country is immune from fascism," Elena Kostyuchenko told Insider. Her book, she told Insider, was an effort to track how the seeds of fascism in Russia flourished into a brutal war. Be hysterical if you see your country is going into the darkness," Kostyuchenko told Insider. And it means that a next war will follow and a next war will follow and it will be a nightmare"
Persons: Elena Kostyuchenko, , Kostyuchenko, Russia didn't, Vladimir Putin's Organizations: Service, Novaya Gazeta, Novaya, Russia, International Institute for Democracy, Electoral Locations: Russian, Russia, Ukraine, Mariupol, Germany, Kyiv, America
(Reuters) - Russian editor and Nobel Peace Prize winner Dmitry Muratov failed on Tuesday in a legal bid to overturn his designation by the authorities as a "foreign agent". The Novaya Gazeta newspaper said on its Telegram channel that a judge took only five minutes to throw out Muratov's case. Muratov told reporters the reason for his designation was that he had spoken to YouTube channels considered to be foreign agents, although he said he had done nothing illegal. "In my view they have banned the profession of journalist in the Russian Federation," he said. The Baza news outlet reported on Tuesday that a federal anti-corruption official had written to parliament asking deputies to change the law so that foreign agents could be denied entrance to Russia on security grounds.
Persons: Dmitry Muratov, Muratov, Vladimir Putin, Mark Trevelyan, Gareth Jones Organizations: Reuters, Novaya Gazeta, YouTube, Russian Federation Locations: Russia, Russian, Ukraine
The latest in Ukraine
  + stars: | 2023-11-18 | by ( Mariya Knight | Chris Stern | Victoria Butenko | ) edition.cnn.com   time to read: +8 min
Ukrainian forces say they have have “gained a foothold” on the left (eastern) bank of the Dnipro River in southern Ukraine. In March, EU member states agreed to provide Ukraine with 1 million rounds of artillery ammunition for Ukraine to be delivered within 12 months. Both Ukraine and Russia need to replenish extraordinary amounts of ammunition as a grinding war of attrition continues in Ukraine’s east and south. Sergei Khadzhikurbanov, pictured in court in 2014, has received a presidential pardon after doing a stint fighting in Ukraine. The visit was previously unannounced and comes amid concerns that the Israel-Gaza conflict will divert international attention from the war in Ukraine.
Persons: , Vladimir Saldo, Pilipey, Saldo, ” Boris Pistorius, Pistorius, Josep Borrell, Dimitar Dilkoff, Anna Politkovskaya, Vladimir Putin, Sergey Khadzhikurbanov, Politkovskaya, Khadzhikurbanov’s, Alexey Mikhalchik, Putin, ” Mikhalchik, Khadzhikurbanov, , Sergei Khadzhikurbanov, Pavel Golovkin, David Cameron, Zelensky, ” Cameron, Cameron, ” Cameron –, Alexandra Skochilenko, Skochilenko “ Organizations: CNN —, Defense Forces, CNN, South Korea’s National Intelligence Service, Getty, Novaya Gazeta, Russian Ministry of Defense, Khadzhikurbanov, AP, Armed Forces, Russian Federation Locations: CNN — Ukraine, Dnipro, Kyiv, Germany, Ukraine, Kherson, Russia, Russian, AFP, Krynky, Crimea, Brussels, EU, Ukraine’s, South, North Korea, Moscow, British, Israel, Gaza, St, Petersburg, St . Petersburg, Skochilenko
CNN —Russian artist Alexandra Skochilenko, who had replaced price tags with anti-war messages in a St. Petersburg grocery store as an act of protest, was sentenced to seven years in jail by a court in the Russian city on Thursday. “Today, scientists and doctors around the world are fighting to increase human life expectancy and find cures for deadly diseases. Therefore, I don’t understand: what is (this) war for? War is death,” she added, according to a courtroom correspondent for the independent news outlet Mediazona. “Her persecution has become synonymous with the absurdly cruel oppression faced by Russians openly opposing their country’s criminal war.”
Persons: Alexandra Skochilenko, Skochilenko, Skochilenko “, , , Marie Struthers, Struthers, ” Skochilenko “, ” Struthers Organizations: CNN, Armed Forces, Russian Federation, Novaya Gazeta, , Amnesty, Central Asia Locations: Russian, St, Petersburg, St . Petersburg, Ukraine, Eastern Europe
Russian President Vladimir Putin speaks during his press conference at the Konstantin Palace on July 29, 2023 in Saint Petersburg, Russia. Russian media have already reveled in pouring cold water on the Asia-Pacific Economic Cooperation (APEC) summit where Xi and Biden are due to meet Wednesday. Russian President Vladimir Putin was not invited due to U.S. sanctions so Deputy Prime Minister Alexei Overchuk is representing Russia at the summit. A range of Russian newspapers including Kommersant, Izvestia, Argumenty i Fakty, Nezavisimaya Gazeta and Komsomolskaya Pravda did not feature any news on the APEC summit or Xi-Biden talks. China's President Xi Jinping and U.S. President Joe Biden at the G20 Summit in Nusa Dua on the Indonesian island of Bali on Nov. 14, 2022.
Persons: Vladimir Putin, Konstantin, Xi Jinping, Joe Biden, Xi, Biden, Katherine Tai, Tai, David Paul Morris, Xi's, Alexei Overchuk, Dmitry Peskov, Kamala Harris, Kent Nishimura, Komsomolskaya, Putin, — Xi, Sergei Guneyev, Ian Bremmer, Saul Loeb Organizations: Getty, U.S, Economic Cooperation, Novosti, APEC, U.S . Trade, Russian Federation, San Francisco International Airport, American, Bloomberg, Getty Images Bloomberg, Israel, Kremlin, SAN FRANCISCO, Merchant Exchange Club, Tass, Kommersant, Izvestia, Gazeta, Komsomolskaya Pravda, Sputnik, AFP, West, Analysts, Eurasia Group, China's, Afp Locations: Saint Petersburg, Russia, Russian, San Francisco, China, Beijing, Washington, Moscow, Asia, United States, San Francisco , California, Ukraine, Pacific, U.S, CALIFORNIA, Taiwan, Nusa Dua, Indonesian, Bali
After eight years of pumping out vitriol against opponents of Poland’s governing party, state-controlled television has rallied to an unlikely new cause: a free media and fair play. Unsettled by the election this month of a new Parliament controlled by political forces it previously vilified, Poland’s main public broadcaster last week set up a telephone hotline as part of what it described as a “special campaign to defend media pluralism” and counter “increasingly frequent attacks on journalists.”The abrupt about face by a public broadcaster notorious for its often vicious, one-sided coverage reflected Poland’s febrile political atmosphere as loyalists of the defeated Law and Justice party scramble to keep their jobs by presenting themselves as victims of persecution and of a compromised election. That loyalists have much to lose as a result of the Oct. 15 vote was made clear last week when Gazeta Wyborcza, a liberal newspaper, published a long list of journalists and other Law and Justice supporters who “will have to say goodbye to their positions” in media, state corporations and other state-controlled entities. The list has since been expanded as readers send in the names of more people they want gone, too.
Persons: Organizations: Justice, Gazeta Wyborcza
Polish bishop resigns after priestly sex party scandal
  + stars: | 2023-10-24 | by ( ) www.reuters.com   time to read: +1 min
WARSAW, Oct 24 (Reuters) - A Polish bishop, whose diocese was reportedly the scene of a sex party organised by priests at which Polish media say a male prostitute collapsed after taking erectile dysfunction pills, has resigned, the Vatican said on Tuesday. The statement did not give a reason for the resignation of Bishop Grzegorz Kaszak, saying only that the pope had accepted it. According to Polish media reports, a male prostitute collapsed at the party after taking too many erectile dysfunction pills. The priest who hosted the party in his apartment, named as Tomasz Z, was eventually dismissed, according to the state-run news agency PAP. The diocese said his behaviour was "a cause of great scandal for the faithful and justified indignation of public opinion", PAP reported.
Persons: Bishop Grzegorz Kaszak, Kaszak, Tomasz Z, Alan Charlish, Alvise Armellini, David Holmes Organizations: Gazeta Wyborcza, Thomson Locations: WARSAW, Kaszak's, Poland, Dabrowa Gornicza, Warsaw, Rome
A Polish bishop whose diocese has been badly tarnished by reports of a gay orgy involving priests and a prostitute resigned on Tuesday, the latest in a long series of sexual and financial scandals in Poland’s Roman Catholic Church. Grzegorz Kaszak, the bishop of Sosnowiec in southwestern Poland, announced his departure after one of his priests was placed under criminal investigation in connection with reports last month that he had organized a sex party during which a male prostitute lost consciousness from an overdose of erectile dysfunction pills. Gazeta Wyborcza, a liberal daily newspaper, reported in September that one of the priests at the gathering, held in a building belonging to the parish of the Blessed Virgin Mary of the Angels in the town of Dabrowa Gornicza, had called an ambulance. Others at the party prevented paramedics from tending to the unconscious man, the paper reported, but the paramedics called the police and the priests relented. The priest who organized the gathering in his church apartment, identified by the diocese only as Father Tomasz Z., gave a statement last month to Polish media that disputed details of what had happened, quibbling over the number of priests present at the time of the alleged sex party and saying that “it is worth reading what the definition of an orgy is.”
Persons: Grzegorz Kaszak, Blessed Virgin Mary of, Tomasz Z, quibbling, Organizations: Poland’s Roman Catholic Church, Gazeta Wyborcza, Angels Locations: Poland’s, Sosnowiec, Poland, Dabrowa Gornicza
More than half of Russian troops injured in the Ukraine war have had amputations, a Russian official said. Hundreds of thousands of Russian troops have been injured or killed since the start of the war. AdvertisementAdvertisementMore than half of the Russian troops wounded in the Kremlin's grinding war against Ukraine are now amputees, according to a Russian government official who called the situation a "glaring" problem. Upper limb amputations account for 20% of the amputations that Russian soldiers wounded on the battlefields in Ukraine have had, Vovchenko noted, Rossiyskaya Gazeta reported. AdvertisementAdvertisementVovchenko said that an average of three prosthetic and medical care products have been prescribed to injured Russian troops seeking treatment.
Persons: Alexey Vovchenko, Gazeta, , Rossiyskaya Gazeta, Vovchenko, Oleksandr Vynogradov Organizations: Service, Labor, Social, Russian Federation, Rossiyskaya, Federation Council, New York Times Locations: Ukraine, Russia
Her new book, "I Love Russia: Reporting from a Lost Country" is out this week. The Russian dissident journalist and gay rights advocate has been telling her country's untold stories since she was a teenager. So, I went back to Ukraine to work and I was working there for five weeks before I left Ukraine. I don't really remember the first four weeks after I left Ukraine. Kostyuchenko left Russia to report on Ukraine soon after the war started.
Persons: Elena Kostyuchenko, Kostyuchenko, , Russia, Alexander Welscher, Putin, They're, KIRILL KUDRYAVTSEV Organizations: Russia, Service, Novaya Gazeta, Novaya, Getty Locations: Russian, Ukraine, Kostyuchenko, Beslan, Ukrainian, Munich, Germany, Russia, Novaya, Soviet, Soviet Union, AFP
[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
A small group of lawyers and media executives gathered in a well-appointed back room to listen to Gabriel Shipton, Assange's half-brother. In the case of Vault 7, WikiLeaks' source turned out to be a disgruntled former C.I.A employee. AdvertisementAdvertisementIn New York, Gabriel Shipton, Assange's half-brother, declined to rule out the possibility of a plea deal. Every time the Australian government raises this issue, the Chinese government puts out a statement about Julian Assange. Senator Peter Whish-Wilson, right, was part of a delegation of Australian officials in the US to press for the release of Julian Assange.
Persons: Julian Assange, Assange, Gabriel Shipton, Tucker Carlson, Tucker, Shipton, he'd, Anthony Albanese, Joe Biden, Monique Ryan, Albanese, Mike Pompeo, Caroline Kennedy, Der Spiegel, El Pais, David Hicks, Julian, John Shipton, Assange's, John, Gabriel, Brett Assange, Peter Whish, Wilson, We've, Robert Carr, Chelsea Manning's, Obama, We're, Cheng Lei, , Chelsea Manning, Manning, What's, Julian Assange's, John MacDougall, , they'd, he's, John Young, Laura Poitras's, Mueller, Robert Mueller's, John Podesta's, Bernie Sanders, John Koeltl, They've, Donald, Trump, we've, James Comey, Hillary Clinton, He's, I'm, Yevgeny Prigozhin's Wagner, I've, Putin, exfiltrate Assange, Julian wasn't, Dana Rohrabacher, Rohrabacher, Jennifer Robinson, Tracey Nearmy, we'd, Marjorie Taylor, Greene, Antony Blinken, Biden, Mattathias Schwartz Organizations: United Nations General Assembly, WikiLeaks, Washington Post, Washington, DOJ, The Washington, Australia's Labor Party, New, Biden, Senate Intelligence, Justice Department, New York Times, Guardian, Chelsea, Pentagon, Getty, Justice, The State Department, Laura Poitras's WikiLeaks, State Department, DNC, Democratic, Committee, Democratic National Convention, of, Russian Federation, Novaya Gazeta, Trump, CIA, The Justice Locations: New York, London, Assange's, Pacific, Ecuadorian, Washington, Russia, Australia, Shipton, Brig, Chelsea, Iraq, Australian, China, American, Moscow, Getty Shipton, … Shipton, Cryptome, There's, Southern, of New York, Russian, Ukrainian, Ukraine, Panama, schwartz79@protonmail.com
FILE PHOTO-Poland's central bank governor-designate Adam Glapinski speaks during a hearing at a parliamentary panel at the Parliament in Warsaw, Poland May 20, 2016. Agencja Gazeta/Kuba Atys via REUTERS/File Photo Acquire Licensing RightsWARSAW, Sept 9 (Reuters) - Poland's main opposition party said on Saturday it would convene a state tribunal if it wins October's national election to consider allegations against ruling party figures and their allies, including the president, prime minister and the governor of the central bank. The central bank said that it "never comments on statements from politicians". It also says Prime Minister Mateusz Morawiecki should face a state tribunal for giving the order to attempt to hold the presidential elections by post in 2020. Most polls for the national election show PiS with more than 35% of the vote, while the KO grouping has around 30%.
Persons: Adam Glapinski, Atys, KO, Donald Tusk, Tusk, PiS, Glapinski, Andrzej Duda, Mateusz Morawiecki, Alan Charlish, Mike Harrison Organizations: Agencja Gazeta, REUTERS, Rights, liberal Civic Coalition, Justice, National Bank of Poland, Thomson Locations: Warsaw, Poland, Germany, Russia
The Russian foreign ministry did not immediately respond to a request for comment from Insider sent outside regular business hours. Some companies trying to exit Russia recently are facing demands of even steeper discounts, Reuters reported on August 25, citing three persons familiar with exit processes for foreign companies. Both firms had been trying to exit Russia for months before the seizures, before the sudden takeover. In July, Moscow targeted the Russian assets of food and beverage giants Danone and Carlsberg for seizures. A month later, in September, Russia demanded foreign banks unfreeze Russian assets if they wanted to exit the market.
Persons: Linklaters, , Vladimir Putin's, Germany's, Fortum —, Putin, Dmitry Peskov, Alexei Moiseev Organizations: Service, Yale University, Russia, Russian, Novaya Gazeta, Companies, Kremlin, Investors, Danone, Carlsberg, Financial Times, UBS, Credit Suisse —, Zenit Bank, Reuters, Raiffeisen Locations: Russia, Wall, Silicon, Ukraine, London, Russian, Moscow
The Nobel Foundation on Saturday retracted its invitation to Russia, citing "strong reactions." Russia's ambassador to Sweden will no longer attend the Nobel Prize awards ceremony in Stockholm. Russian diplomats will still be invited to the Nobel Peace Prize award ceremony in Oslo, Norway. The invitations prompted some Swedish politicians to announce they would boycott this year's awards ceremony. However, "As before," diplomats from Russia, Iran, and Belarus will still be invited to attend a separate, parallel ceremony for the Nobel Peace Prize in Oslo, Norway.
Persons: Stenevi, Vidar Helgesen, Ales Bialiatski, Dmitry Muratov, Muratov Organizations: Service, Foundation, Nobel Foundation, Associated Press, Ukraine, The Washington Post, Kremlin, Russian, Novaya Gazeta Locations: Russia, Sweden, Stockholm, Russian, Oslo, Norway, Wall, Silicon, Ukraine, Belarus, Iran, Trump, Moscow
Russia labels Nobel-winning journalist 'foreign agent'
  + stars: | 2023-09-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Yulia Morozova/File Photo Acquire Licensing RightsSept 2 (Reuters) - Russian authorities on Friday designated Nobel Prize-winning journalist Dmitry Muratov as a "foreign agent," a move often aimed at critics of Kremlin policies. So-called foreign agents have been subjected to police searches and other punitive measures. The Justice Ministry said Muratov "created and disseminated material (produced by) foreign agents and used it to spread negative opinions of Russia's foreign and domestic policies on international platforms". Under Russian law, individuals and organizations receiving funding from abroad can be declared foreign agents, potentially undermining their credibility with the Russian public. Those deemed foreign agents must mark their published work with a disclaimer noting their status.
Persons: Dmitry Muratov, Oleg Orlov, Russia's, Yulia Morozova, Muratov, Alexei Navalny, Ron Popeski, Cynthia Osterman Organizations: Novaya Gazeta, REUTERS, Kremlin, Reuters, Thomson Locations: Moscow, Russia, Russian, Ukraine, Latvia, Chechnya
Over the years, Kremlin political critics, turncoat spies and investigative journalists have been killed or assaulted in a variety of ways. Assassination attempts against foes of President Vladimir Putin have been common during his nearly quarter century in power. watch nowHis allies almost immediately said he was poisoned, but Russian officials denied it. A British inquiry found that Russian agents had killed Litvinenko, probably with Putin's approval, but the Kremlin denied any involvement. JournalistsNumerous journalists critical of authorities in Russia have been killed or suffered mysterious deaths, which their colleagues in some cases blamed on someone in the political hierarchy.
Persons: Vladimir Putin, Mikhail Klimentyev, , turncoat, Alexei Navalny, Navalny, Pyotr Verzilov, Verzilov, Vladimir Kara, Murza, Boris Nemtsov, Boris Yeltsin, Nemtsov, Putin, Alexander Litvinenko, Anna Politkovskaya, service's, Litvinenko, Sergei Skripal, Yulia, Novichok, Yuri Shchekochikhin, Shchekochikhin, Yevgeny Prigozhin Organizations: Sputnik, AFP, Getty, Kremlin, KGB, Authorities, Novaya Gazeta Locations: Moscow, Russia, Siberia, Omsk, Berlin, Germany, France, Sweden, Soviet, Russian, Chechnya, London, Britain, Salisbury, British, Novaya
CNN —Russian dissident journalist Elena Kostyuchenko has revealed how she was traveling to Berlin by train last autumn when she was abruptly taken ill, in a case that has led German authorities to investigate a suspected poisoning attempt. Kostyuchenko was living in exile at the time in the German capital after being warned of Russian plans to assassinate her. In March 2022, she said she was tipped off by a source in Ukrainian military reconnaissance about Russian plans to assassinate her. Kostyuchenko eventually fled to Germany, where she rented an apartment in Berlin and began working for Meduza on September 29. Jailed Russian opposition leader Alexei Navalny also fell ill on a flight from the Siberian city of Tomsk to Moscow in 2020.
Persons: Elena Kostyuchenko, Kostyuchenko, Sebastian Büchner, ” Kostyuchenko, , , Zelimkhan, Sergei Skripal, Yulia, Theresa May, Alexei Navalny Organizations: CNN, Russian, Novaya Gazeta, Meduza, UK Locations: Russian, Berlin, Munich, Ukraine, Russia, Germany, Iran, Meduza, Ukrainian, Chechen, English, Salisbury, Siberian, Tomsk, Moscow
In June, the amount of cash in circulation in Russia hit a record $187 billion, per its central bank. Russians are hoarding cold, hard cash amid economic uncertainty, an economist told Novaya Gazeta. Compensation to families of dead fighters and increased demand in Russian-occupied Ukrainian regions also add to the cash in circulation. In June, the amount of cash in circulation in Russia hit a record 17.9 trillion rubles, or $187 billion, data from the Russian central bank shows. To tame inflation, the Russian central bank its central bank raised interest rates by one percentage point on July 21 — double the 0.5 percentage point analysts polled by Reuters had expected.
Persons: Igor Lipsits, there's, Alexey Zabotkin, Wagner, Nikolay Korzhenevsky Organizations: Novaya Gazeta, Service, HSE University, RBC, Wagner Group, Bloomberg, Reuters Locations: Russia, Wall, Silicon, Russian, Ukraine, , Kazakhstan, Russia's
Belarusian sprinter Krystsina Tsimanouskaya, who left the Olympic Games in Tokyo and seeks asylum in Poland, attends a news conference in Warsaw, Poland August 5, 2021. Maciek Jazwiecki/Agencja Gazeta via REUTERS/File PhotoGENEVA, Aug 7 (Reuters) - Krystsina Tsimanouskaya, the Belarusian sprinter who defected at the Tokyo Olympics two years ago, has been cleared by World Athletics to compete for Poland after it waived the normal three-year waiting period for nationality changes. She defected to Poland, saying she feared for her safety if she returned to Belarus. A letter by the World Athletics Nationality Review Panel seen by Reuters on Monday said that Tsimanouskaya could represent Poland starting Aug. 6, 2023. World Athletics referred questions to the Polish Athletic Association (PZLA), saying it was a confidential application process.
Persons: Krystsina Tsimanouskaya, Maciek, Tsimanouskaya, Gabrielle Tétrault, Farber, Christian Radnedge Organizations: Olympic, Gazeta, REUTERS, Tokyo Olympics, World Athletics, Olympics, Reuters, Olympic Games, Polish Athletic Association, Paris Games, Thomson Locations: Tokyo, Poland, Warsaw, Belarusian, Belarus, BLR, Budapest, Ukraine, Moscow
Russian tech tycoon Anton Cherepennikov, 40, was found dead in his Moscow office, per local reports. A Moscow law enforcement source claimed the businessman overdosed on "medical gas." Anton Cherepennikov, 40, the founder of Russian IT company ICS Holding, was found dead on July 22, his company said, according to the Russian outlet RBC. However, a Moscow law enforcement source said that the businessman overdosed on "medical gas," according to Russian channel RTVI, The Times of London reported. Igor Kudryakov, another high-profile Russian businessman, was also found dead in his Moscow apartment on Friday, The Times reported.
Persons: Anton Cherepennikov, Putin, overdosed, Vladimir Putin, Cherepennikov, Igor Kudryakov Organizations: Service, Russian, ICS Holding, RBC, Citadel, ICS, Radio Free, Radio Liberty, Putin, Novaya Gazeta, Cherepennikov, The Times Locations: Moscow, Wall, Silicon, Russian, London, Radio Free Europe, Russia, Ukraine
The Kremlin could pass a new rule allowing it priority rights to acquire shares from exiting foreign firms. This would make it harder for foreign companies to leave the Russian market. Companies in the Kremlin's list of 200 strategic enterprises include food giant Danone and Finnish energy firm Fortum, per the Moscow Times. President Vladimir Putin's regime has also been imposing an increasing number of punitive measures on companies exiting the Russian market. Moscow also charges exiting companies an exit fee of at least 10% of the sale value.
Persons: Vladimir Putin, it's, Vladimir Putin's Organizations: Service, Kremlin, . Companies, Danone, Moscow Times, Financial Times, Interfax, Yale University, Novaya Gazeta Locations: Russian, Moscow, Wall, Silicon, Russia, Ukraine
Russia saw an record $239 billion in net capital outflows — i.e. According to Investopedia, capital outflows refer to the movement of assets out of a country. Outflows this significant are even larger than Greece's GDP of $219 billion in 2022, according to World Bank data. Last year's capital outflows were four times that of 2021 and 70% more than in 2008 amid the Global Financial Crisis, according to the analysis. Money transfers from Russia to Georgia rose fivefold, from $411 million in 2021 to $2.1 billion in 2022, according to data from Georgia's central bank.
Persons: It's, it's, Martin Galstyan, Armenia's News.am, Timothy Ash Organizations: , Service, outflows, Center, Bank, Bloomberg, Novaya Gazeta, Chatham House's Locations: Russia, Wall, Silicon, Ukraine, Moscow, Investopedia, outflows, Armenia, Georgia, Chatham House's Russia, Eurasia
Scores of Russians fled their homeland following the outbreak of the Ukraine war. The growth of such countries surged in 2022 after the arrival of these Russians, per a new report. About six months later, there was another wave of departures after Russian President Vladimir Putin ordered a partial military mobilization for the Ukraine war on September 21. Armenia — once known as the Silicon Valley of the Soviet Union — saw its 2022 growth spike to 12.6%, per the World Bank. Meanwhile, Georgia's GDP jumped by 10.1% in 2022, per the World Bank, beating an 8.8% growth forecast.
Persons: , Insider's Jason Lalljee, Vladimir Putin, Georgia —, Armenia —, Soviet Union —, Suren, Martin Galstyan, Oleg Itskhoki Organizations: Service, Reuters, Kremlin, Novaya Gazeta, World Bank, Bank, Armenian State University of Economics, Georgia's, University of California, Bloomberg Locations: Ukraine, Armenia, Georgia, Kyrgyzstan, Wall, Silicon, Russia, Caucasus, Azerbaijan, Soviet Union, IT, outpacing, Turkey, Kazakhstan
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