DIRS.INFO The most relevant business & tech news

☆ Russian students are being asked to donate their vapes so the parts can be used in combat drones, report says
▼ + stars: | 2023-11-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

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

☆ Russia has been using the Chinese yuan to get around sweeping Western sanctions — but this side door may be closing
▼ + stars: | 2023-06-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The bank made the move over fears of secondary sanctions from the West, per RBC. Russia has been using the Chinese yuan to get around Western sanctions. Russian clients can still make yuan transfers within the Bank of China network, Semyonov added to RBC. The Chinese yuan surpassed the US dollar as the most heavily traded currency in February and March, according to Bloomberg data. Semyonov told RBC that Russian yuan transfers to the US and EU make up just 3% of all transfers in the currency.

Persons: —, Russia's, Pavel Semyonov, Dmitry Lesnov, Semyonov, Finam Organizations: of, RBC, Service, The Bank of, European, Bank of China, EU, Novaya Gazeta, The, Swift, Bloomberg, Reuters Locations: of China, EU, Switzerland, Russia, The Bank of China, European Union, Modulbank, China, Novaya, Novaya Gazeta Europe, Ukraine

☆ The EU is losing patience with European banks still making money in Russia. A top official is now pressuring them to exit the market 'as soon as they can.'
▼ + stars: | 2023-06-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

A top ECB official called on EU banks still operating in Russia to exit the market asap. His comments followed news that some Western firms are still operating in Russia, despite sweeping sanctions. It's unclear how many Western banks are still doing business in Russia. The Financial Times reported in January that just a handful of the 45 Western banks with subsidiaries in Russia have managed to exit. Still, EU banks have managed to reduce their exposures to Russian counterparties by 37% in 2022, he said.

Persons: —, Russia —, Andrea Enria, Enria, it's Organizations: ECB, Service, European, European Central Bank, European Financials Conference, Financial Times, Novaya Gazeta Europe, Austria's, Raiffeisen, Reuters, Yale University, Russia Locations: Russia, Ukraine, Novaya

☆ Some European banks are still making money in Russia. The EU is losing patience and pressuring them to exit the market ASAP.
▼ + stars: | 2023-06-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

☆ Western companies still operating in Russia were so profitable in 2022 that their corporate taxes contributed almost $4 billion to the country's revenues
▼ + stars: | 2023-06-13 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The 100 largest Western companies still operating in Russia posted $13 billion in profits in 2022, per Novaya Gazeta. Profits jumped 54% from 2021 and the firms contributed $3.5 billion in corporate taxes in 2022. The top 100 Western companies that remained in Russia made so much money that they contributed nearly 288 billion rubles, or $3.5 billion, in corporate taxes in 2022, according to a June 8 report from Novaya Gazeta Europe. The biggest taxpayers were US, UK, and French companies who paid 40 billion, 47 billion, and 55 billion rubles, respectively. Like TotalEnergies, BP, and Raiffeisen Bank, many Western companies are still trying to leave Russia.

Persons: —, TotalEnergies Organizations: Novaya Gazeta, Companies, Raiffeisen Bank, Service, Novaya Gazeta Europe, Austria's, Bank, Reuters, Yale University, Financial Times Locations: Russia, Novaya, Ukraine, Moscow, Europe, TotalEnergies

☆ Anti-Kremlin rebels are back marauding inside Russia and triggering fears Putin's forces can't defend the homeland
▼ + stars: | 2023-06-02 | by ( Sam Fellman | ) www.businessinsider.com time to read: +3 min

A small group of anti-Kremlin Russians with armored vehicles crossed into the Belgorod region of Russia. Images captured the damage they caused inside Russia, and triggered debate and skepticism of Putin's regime. The melee adds to fears that Russia's troops are not up to the task of stopping a looming Ukrainian counter-offensive. But their operation has succeeded in one critical aspect: Creating images of wreckage inside Russia's borders that are reigniting debates among hardliners deeply skeptical of Russian officialdom. —Novaya Gazeta Europe (@novayagazeta_en) June 2, 2023According to Russia's TASS state-run news agency, Ukraine's military "repeatedly shelled" Shebekino, injuring more than 10 people and Russian troops had stopped them from entering the village.

Persons: —, Igor Girkin, Vladimir Putin, that's Organizations: Kremlin, Service, of Russia Legion, Novaya Gazeta Europe, Russia's TASS, Institute for Locations: Belgorod, Russia, Ukrainian, Shebekino, Ukraine, Russian, Western, Belgorod Oblast

☆ A new law allows Putin to draft Russians via an online portal — even if they don't have an account. It 'brings the digital Gulag much, much closer,' critics say
▼ + stars: | 2023-05-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

A new law allows Russian conscripts to be notified of their military service via government portal. Critics say the move creates "a digital system of social control" akin to a virtual Gulag labor camp. The new conscription law, she wrote, "brings the Digital Gulag much, much closer." What is the Digital Gulag? With the digital registry and harsh punishments for noncompliance, "the government wants to create a digital system of social control by regulating individual access to rights and benefits," Stanovaya wrote.

☆ Military tech is racing towards a dangerous AI future, and Russia's war in Ukraine is paving the way, drone experts say
▼ + stars: | 2023-01-26 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

Currently, the drones are guided at launch by a human operator, according to independent Russian outlet Novaya Gazeta Europe. But more advanced drone technology is enabling what Rogers calls "on" the loop of control. "In the case of the systems that we have seen used, there's still a human operator authorizing the use of force," she said. Under pressure and potentially under fire, a drone operator may take the machine's prompt less as a suggestion and more as an infallible instruction. In a fully autonomous future of drone warfare, he asked, will drone AI be programmed "to avoid those who are waving a white flag?"

☆ Desperation on Russia's borders as draft-eligible men flee
▼ + stars: | 2022-09-27 | by ( Felix Light | ) www.reuters.com time to read: +5 min

Travellers from Russia cross the border to Georgia at the Zemo Larsi/Verkhny Lars station, Georgia September 26, 2022. Register now for FREE unlimited access to Reuters.com RegisterHis escape was part of a vast exodus from Russia that has seen thousands of military-age men make for the borders with Finland, Georgia, Kazakhstan and Mongolia. On Monday, Novaya Gazeta Europe reported that 261,000 men had left Russia since mobilisation was declared, citing a Kremlin source. On the Kazakhstan border, Nikita described would-be emigres pitching tents along the highway leading up to the Vishnyovka border post, while others less well-equipped slept on the tarmac, building makeshift beds out of their own clothes. Some of the most dramatic scenes were at Russia’s only operational border crossing with Georgia, which allows Russians to stay for a year without a visa.

☆ Kremlin says no decisions taken on border closure amid mobilisation
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +3 min

MOSCOW, Sept 26 (Reuters) - The Kremlin said on Monday that no decisions had been taken on closing Russia's borders, amid an exodus of military-age men since President Vladimir Putin declared a partial mobilisation last Wednesday. Asked about the possibility of border closures in a call with reporters, Kremlin spokesman Dmitry Peskov said: "I don't know anything about this. Russian media have reported a string of cases of elderly or medically exempt men being called up for service in Ukraine. The comments come amid rising fears of a border closure, with Russia's frontiers seeing an unprecedented outflow of military-aged men since the partial mobilisation was declared last week. On Sunday, Novaya Gazeta reported that 261,000 men had left the country since partial mobilisation was declared, citing an unnamed source in Russia's presidential administration.

☆ Ukraine annexation votes to end amid Russian mobilisation exodus
▼ + stars: | 2022-09-26 | by ( Tom Balmforth | ) www.reuters.com time to read: +6 min

A man walks with his bicycle past banners informing about a referendum on the joining of Russian-controlled regions of Ukraine to Russia, in the Russian-controlled city of Melitopol in the Zaporizhzhia region, Ukraine September 26, 2022. The mobilisation has also seen the first sustained criticism of the authorities within state-controlled media since the war began. Over the weekend, Russian Foreign Minister Sergei Lavrov said Russia would defend any territory it annexes using any weapons in its arsenal. Even traditional Russian allies such as Serbia and Kazakhstan have said they will not recognise the annexation votes. When it held a referendum in Crimea after seizing that peninsula in 2014, it declared 97% of people had voted for annexation.

☆ Complaints about Russia's chaotic mobilization grow
▼ + stars: | 2022-09-24 | by ( Kevin Liffey | ) www.reuters.com time to read: +5 min

Register now for FREE unlimited access to Reuters.com Register"It has been announced that privates can be recruited up to the age of 35. Reports have surfaced across Russia of men with no military experience or past draft age suddenly receiving call-up papers. "Some (recruiters) hand over the call-up papers at 2 a.m., as if they think we're all draft dodgers," he said. There has been a particular outcry among ethnic minorities in remote, economically deprived areas in Siberia, where Russia's professional armed forces have long recruited disproportionately. The interior ministry of the Russian region of North Ossetia advised people not to try to leave the country for Georgia at the Verkhny Lars frontier post, where it said 2,300 cars were waiting to cross.

☆ Secret clause in Putin's mobilization decree may allow him to draft up to 1 million reservists, an independent Russian outlet reports
▼ + stars: | 2022-09-22 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +2 min

A secret clause in Putin's mobilization decree allows one million to be called up, a new report says. The Kremlin denied the report, maintaining that 300,000 reservists will be drafted. The West says Putin's partial mobilization shows he's failing in Ukraine. The Pentagon in August said the US estimates the Russian military has seen up to 80,000 casualties in the war so far. Western leaders and officials said Putin's decision to announce a partial mobilization stood as an acknowledge that Russia is "losing" or "failing" in Ukraine.

☆ Zelenskyy calls on Russians to 'protest' and 'fight back' against Putin's draft if they 'want to survive'
▼ + stars: | 2022-09-22 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +4 min

Zelenskyy called on Russians to "fight back" against Putin's draft. Fight back," Zelenskyy said. We know the real mood in the regions of Russia," Zelenskyy said in his address. Though Zelenskyy said 55,000 Russians have been killed in Ukraine since the war began, it's difficult to provide a precise death toll. Western leaders and officials have said that Putin's mobilization is proof that Russian forces are failing in Ukraine.

Search resuls for: "Novaya Gazeta Europe"

14 mentions found