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Russia's oil revenue soared by 90% in April compared to the previous year, Bloomberg reported. The rise comes as sanctions have struggled to curb Russian energy flows since the war in Ukraine began. AdvertisementThe major funding sources for Vladimir Putin's invasion of Ukraine — the country's oil and gas revenues —doubled in April despite sanctions. Bloomberg data also indicates Moscow will see approximately $126 billion in oil and gas tax revenue in 2024. That said, Bloomberg reported that April's oil and gas revenue to Russia's budget still dropped by about 6.4% compared to March, primarily due to substantial subsidies to the nation's fuel producers.
Persons: , Vladimir Putin's, Bloomberg Organizations: Bloomberg, Service, Russia's Federal Tax Service, Bloomberg Economics Locations: Ukraine, Russia's, Russia, Moscow, China, India, Persian
Floral tributes, portraits of late Russian opposition leader Alexei Navalny and messages are seen left outside the former Russian Embassy in Tbilisi on March 1, 2024. U.S. intelligence agencies have concluded that Russian President Vladimir Putin probably didn't directly order the killing of Alexei Navalny at a remote penal colony in February, according to three sources familiar with the matter. As Russia's most high-profile and popular dissident, Navalny's death dealt a severe blow to the country's opposition movement, which has been brutally suppressed by the Kremlin. Before Navalny's death, there had been tentative discussions about a possible prisoner exchange with Russia involving Navalny and Americans detained in Russia, NBC News previously reported. Navalny's allies allege that Putin had the dissident killed to thwart the proposed prisoner swap that would have freed him.
Persons: Alexei Navalny, Vladimir Putin, Putin, Navalny, Joe Biden, Sergei Skripal, Navalny's Organizations: Russian Embassy, Kremlin, Washington, Russia's Federal, Service, CIA, National Intelligence, NBC Locations: Tbilisi, Russia's, Russia, Russian, United Kingdom, Western
Russia's economic strength is likely to wane this year, economists say. Putin's economic fantasyThe tailspin Sonnenfeld, Tian, and Guriev are predicting seems contradictory to what Russia is presenting on the surface. Russian inflation is also high, clocking in at 7.58%, according to data from Russia's economic ministry. Guriev doesn't believe Russia's economy will completely unravel, as central bankers will work hard to limit the damage. Advertisement"It's unlikely the Russian economy will spiral into a macroeconomic meltdown, and that the Russian political system will," he said.
Persons: Putin, Joe Biden, , Vladimir Putin, Jeffrey Sonnenfeld, Steven Tian, Tian, Trump's, Sergei Guriev, Sonnenfeld, he's, Guriev, Putin's Organizations: Service, Yale, London Business School, Russia Locations: Russia, Ukraine, Russian, Moscow, Soviet
Law enforcement officers stand guard near the Crocus City Hall concert venue following a reported shooting incident, near Moscow, Russia. Chief of the Military Intelligence of Ukraine, Kyrylo Budanov, attends the Kyiv Stratcom Forum 2024 in Kyiv, Ukraine, on March 27, 2024. Nurphoto | Nurphoto | Getty ImagesThe Islamic State (IS) militant group claimed it was behind the Moscow attack last Friday in which 143 died. Global Images Ukraine | Getty Images News | Getty ImagesBudanov claimed Russia knew where the combat groups would come from, and which countries the attackers would travel through to reach Russia. The damaged Crocus City Hall concert venue near Moscow, Russia, following an attack by gunmen.
Persons: Maksim Blinov, Budanov, Ukrinform, Kyrylo Budanov, Putin, Dmytro Kotsiubailo, Vladimir Putin, Alexander Bortnikov, Nikolai Patrushev —, , Patrushev, Maria Zakharova, Dmitry Peskov, Peskov, Vyacheslav Oseledko Organizations: Crocus City Hall, Sputnik, AP Russia, Hall, Russian Federation, Kyiv Stratcom, Military Intelligence, Nurphoto, Islamic, Kremlin, Directorate of Intelligence, Getty, Russia, concertgoers, Russia's Federal Security Service, Russian Ministry of Emergencies, Anadolu, Security, RIA Novosti, Russian Foreign, U.S, CNBC, Economic, Afp Locations: Crocus, Moscow, Russia, Syria, Ukraine, Kyiv, U.S, Russian, Bishkek
Russian President Vladimir Putin at an expanded Prosecutor General's Office meeting on March 26, 2024, in Moscow. An investigation into the attack is ongoing, but the latest, outlandish accusations give Moscow a problem: It now has to find the evidence to back up its unsubstantiated claims. What's particularly awkward for the Kremlin is that the Islamic State militant group has already claimed responsibility for the attack. Ukraine denies any involvement in the attack, saying it was "absolutely predictable" that Moscow would look to blame it. The White House said Ukraine had "no involvement whatsoever" in the attack and that any claim to the contrary was "Kremlin propaganda."
Persons: Vladimir Putin, It's, Andrius, Putin, David Cameron, concertgoers, Alexander Bortnikov, Nikolai Patrushev, Sergei Karpukhin, Nikolai Patrushev —, , Patrushev, Maria Zakharova, Dmitry Peskov, Peskov, Moscow, Margarita Simonyan, Putin's, Alexander Lukashenko, Rachabalizoda, Barotovich, Muhammadsobir, Shamsidin Fariduni, Tatyana Makeyevaolga Maltseva, Max Hess Organizations: General's, Getty, Ukraine, Crocus City Hall, Islamic State, West, Kremlin, Russia's Federal Security Service, Russian Security, AFP, Security, Islamic, RIA Novosti, Russian Foreign, U.S, Kremlin's, CNBC Wednesday, Institute for, Afp, Analysts, Foreign Policy Research Institute, CNBC, CIA Locations: Moscow, Russia, Ukraine, Crocus, Kyrgyzstan, Tajikistan, Ukrainian, Europe, Russian, U.S, Kyiv, Belarusian, Belarus, Basmanny, Soviet Union
President Lukashenko claims Belarus and Russian security prevented Moscow shooting suspects from entering Belarus. AdvertisementBelarusian President Aleksandr Lukashenko said his country's security, with the help of Russia's Federal Security Service, tried to prevent Crocus City Hall shooting suspects from entering Belarus. "There was no chance they could enter Belarus," Lukashenko said, reported the state-run Belarusian Telegraph Agency. Lukashenko's statements on the concert hall terror suspects fleeing towards Belarus undermine the Kremlin's claims that the suspects tried to escape to Ukraine first, in an attempt to link Ukraine to the attack. No credible evidence has emerged to suggest that Ukraine was involved in the attack that killed at least 139 people.
Persons: Lukashenko, Putin, , Aleksandr Lukashenko, Maria Zakharova, Crocus Organizations: Service, Federal Security Service, Crocus, Belarusian Telegraph Agency, ISIS, Russian Ministry of Foreign Locations: Belarus, Moscow, Ukraine, Russia, Washington
Read previewRussia's economy is set to weaken this year, according to researchers from Finland's central bank. Russia won't be able to maintain the surprisingly strong growth it saw, the Bank of Finland's Institute for Emerging Economies said in a recent report. That's a stark contrast from what Russia saw last year, with its economy growing 3.6%, according to Russia's federal statistics service. Russia's long-term potential growth rate, in particular, has been reduced by the shift to a wartime economy," the report said. AdvertisementThe report pointed to three areas of the Russian economy that could take a hit.
Persons: Organizations: Service, Bank of Finland's Institute, Emerging Economies, Business, Russia, Ukraine, United Nations, Russian Academy of Science's Institute of Economics Locations: Russia, Russian, Ukraine, Moscow
Russian President Vladimir Putin linked Moscow concert hall attackers to Ukraine. At least 133 people were killed by gunmen, and 11 have suspects been detained, say Russian sources. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian President Vladimir Putin claimed the gunmen who attacked a Moscow concert hall and killed 133 people had links to Ukraine, an allegation Kyiv completely rejected. Russia's Federal Security Service (FSB) had earlier claimed a link between Ukraine and the gunmen in a statement, said Russian news agency TASS.
Persons: Vladimir Putin, , Putin, STRINGER, Hamid Karzai Organizations: Service, Crocus City, Russia's Federal Security Service, Putin, Main Intelligence, Ministry of Defense, Getty, Russia's, Islamic, Politico Locations: Moscow, Ukraine, Crocus, Krasnogorsk, Russia's, Russian, Kyiv, Islamic State, Kabul
Russian law enforcement officers walk at the site of a gun attack on the Crocus City Hall in Krasnogorsk, outside Moscow, on March 23, 2024. MOSCOW (AP) — Eleven people have been detained after gunmen stormed a concert hall in Moscow and opened fire on the crowd, the head of Russia's Federal Security Service told President Vladimir Putin on Saturday, according to Russian state news agency Tass. At least 93 people were killed in the attack, including three children, Russian authorities said Saturday. Friday's attack came just days after President Vladimir Putin cemented his grip on power in a highly orchestrated electoral landslide. The attack was the deadliest in Russia in years and came as the country's fight in Ukraine dragged into a third year.
Persons: Vladimir Putin Organizations: Russia's Federal Security Service, Crocus City, Tass Locations: Crocus, Krasnogorsk, Moscow, MOSCOW, Russia, Ukraine, Russian
Read previewThe death toll from the attack on Moscow's Crocus City Hall Friday night has risen to 115 as Russia's Federal Security Bureau confirmed eleven suspects had been arrested in connection with the attack. Emergency services vehicles are seen outside the burning Crocus City Hall concert hall following the shooting incident in Krasnogorsk, outside Moscow on March 22, 2024. ArrestsRussia's FSB confirmed that 11 people had been arrested in connection with the attack on the concert hall. AdvertisementA woman lays flowers at a makeshift memorial in front of Moscow's Crocus City Hall a day after terrorist attack. UN Secretary-General Antonio Guterres also condemned the terrorist attack "in the strongest possible terms," his spokesman said.
Persons: , STRINGER, Andrey Vorobyov, OLGA MALTSEVA, Vladimir Putin, Dmitrii Peskov, Mykhailo Podolyak, Amaq, Daniel Byman, Hamid Karzai, Byman, Putin, Antonio Guterres Organizations: Service, Moscow's, Federal Security, Russia's, Business, Islamic, Kremlin, TASS, Associated Press, Getty, Health, Moscow Crocus City, Getty Images, Russian Federation, Novosti, State, Hall, Kyiv, ISIS, CNN, The New York Times, AP, Russian, CSIS, Central, UN, Council Locations: Moscow's Crocus, Islamic State, Russian, Crocus, Krasnogorsk, Moscow, AFP, Ukraine, Khorasan Province, Afghanistan, Kabul, Russia
Gunmen stormed a concert hall in Moscow on Friday, killing 40 people and injuring more than 100. Earlier this month, the US embassy issued a security alert warning of a potential terror attack. AdvertisementRussian President Vladimir Putin dismissed US warnings about a potential terror incident in Moscow just days before gunmen attacked a concert hall in the city on Friday. AdvertisementRussian Rosguardia national guard servicemen secure an area near the Crocus City Hall on the western edge of Moscow on March 22, 2024. "We strongly condemn the horrendous attack carried out at a concert hall in Moscow," Russia's foreign ministry said in a statement.
Persons: Gunmen, Vladimir Putin, , Vitaly Smolnikov, Putin, Dmitry Serebryakov Organizations: Service, Crocus, Hall, TASS, Federal Security Service, AP, US Locations: Moscow, Crocus, Russia, U.S, Washington
Alexey Navalny told his lawyer he suspected he was being poisoned in prison months before his death. Western leaders, including President Joe Biden, have accused Putin of being behind Navalny's death. AdvertisementAlexey Navalny, the late Russian opposition leader, said he thought he was being poisoned months before he died suddenly in prison, his former lawyer has claimed. When Russia's Federal Prison Service announced Navalny's death, it said that he felt unwell after taking a walk and almost immediately lost consciousness. AdvertisementHe narrowly escaped death after being poisoned with a Novichok nerve agent in 2020, which he blamed on Russian President Vladimir Putin.
Persons: Alexey Navalny, Joe Biden, Putin, , Olga Mikhailova, Vladimir Putin's, Mikhailova, Meduza, Navalny, Russia's spymaster, Vladimir Putin Organizations: Service, Russia's Federal Prison Service, Kremlin Locations: Russian, Russia's, Russia
"That's an extraordinary power, and Putin did it effectively, making sure it wound up in the news." AdvertisementThe display of power by the Russian state, while jarring, is not out of the norm for Putin's regime, which has been accused of assassinations abroad for decades. Both Navalny's and the pilot's deaths fit Putin's playbook to a T, exemplifying the lengths to which the Russian regime will go to maintain the illusion of total power, Schmidt said. AdvertisementFor years, Navalny represented the most formidable threat to Putin's regime, criticizing corruption in the Russian state and organizing powerful anti-Kremlin protests. AdvertisementNavalny's death shows Putin is easily threatenedThe two experts said Navalny's death, rather than simply displaying Putin's power, actually highlighted his weakness.
Persons: , Vladimir Putin, Alexey Navalny, Putin's, Putin, Matthew Schmidt, Schmidt, Navalny, Simon Miles, Miles, Robert English Organizations: Service, Business, The University of New Haven, US Army's School, Advanced Military Studies, Russia's Federal Prison Service, Kremlin, Duke University's Sanford School of Public, Soviet Union, University of Southern Locations: Ukraine, Russian, Spain, Russia, Avdiivka, Russia's, Soviet, Moscow, University of Southern California, Soviet Union, Eastern Europe
White House national security communications adviser John Kirby said Tuesday that the U.S. plans to announce a "major sanctions package" on Friday, seeking to hold Russia responsible for the death of imprisoned opposition leader Alexei Navalny. Estonia Prime Minister Kaja Kallas on Tuesday said the country, which borders Russia, successfully thwarted a "hybrid operation" by Russia's security services on its territory. Russia's Federal Security Service has reportedly detained a woman with dual Russian-U.S. citizenship on suspicion of treason, Russian media reported Tuesday. The woman, believed to be a 33 year-old resident of Los Angeles, was arrested in the Urals mountain city of Yekaterinburg. She was reportedly arrested on suspicion of treason for raising funds for Ukraine's armed forces.
Persons: John Kirby, Alexei Navalny, Kaja Kallas Organizations: White, Russia, Internal Security Service, ISS, Federal Security Service Locations: U.S, Estonia, Russia, Los Angeles, Yekaterinburg
Deceased Russian dissident Alexey Navalny spent his final days in one of Russia's harshest prisons. Located near the Arctic Circle, the IK-3 prison colony is infamous for its terrible conditions. AdvertisementNavalny might have joked about prison life, but the reality of life behind bars was brutalA satellite image of the IK-3 prison colony where Navalny was detained. While Navalny did crack a couple of dark jokes about prison life, inmates in Russia's penal colonies often have to contend with brutal living conditions. Khulilidze told Life that his beating lasted about half an hour and he wasn't given any medical assistance after that.
Persons: Alexey Navalny, , Navalny, Igor Kalyapin, Vladimir Putin, Putin, Vera Savina, Santa, I'm, Tatiana Stanovaya, Stanovaya, Meduza, Antonina Favorskaya, Mikho, Khulilidze, It's, Joe Biden, Jens Stoltenberg, Biden Organizations: IK, Service, Moscow Times, Getty, Prison Service, Maxar Technologies, Reuters, US State Department, State Department, Carnegie Russia Eurasia Center, BBC, Russia's Federal Prison Service, NATO Locations: Moscow, AFP, Russia, Santa Claus, IK, Russian, Russia's
Floral tributes to Alexei Navalny, President Vladimir Putin's fiercest foe who died Friday in a Russian penal colony, were removed overnight by groups of unknown people while police watched, videos on Russian social media channels show. Russia's prison service said in the Arctic penal colony where he was serving a 19-year sentence. On Saturday, police blocked access to a memorial in the Siberian city of Novosibirsk and detained several people, OVD-Info said. Videos and photos shared on Russian social media channels showed flowers being cleared from monuments to victims of Soviet-era repressions across Russia. The news of Navalny's death comes less than a month before an election that will give Putin another six years in power.
Persons: Alexei Navalny, Vladimir Putin's, Putin, , Nigel Gould, Davies, Navalny, Yulia Navalnaya, Alexei, Putin’s, ” Navalnaya, Joe Biden, Washington doesn’t, Chancellor Olaf Scholz, Navalny “, Dmitry Peskov, Kira Yarmysh Organizations: Russia's Federal Security Service, International Institute for Strategic Studies, Russia’s Federal, Service Locations: Russian, Russia, Siberian, Novosibirsk, Moscow, British, Belarus, Eurasia, London, Russia’s, Kharp, Germany,
Alexey Navalny lost consciousness after taking a walk and died, per Russia's Federal Prison Service. They have a track record of killing and ordering the killing of political opponents, they said. At least, that is what prison officials said on Friday, announcing the death of Russia's main opposition politician. Maxim Alyukov, a political sociologist at King's College London with a focus on Russia, said the death was consistent with a "political killing." This story is available exclusively to Business Insider subscribers.
Persons: Alexey Navalny, Putin, , Navalny, Maxim Alyukov Organizations: Prison Service, Kremlin, Service, Western, King's College London, Business Locations: Russia
Vladimir Putin was asked about Wall Street Journal reporter Evan Gershkovich in an interview with Tucker Carlson. Putin said that he believes an agreement between the US and Russia regarding Gershkovich's release can be reached and that the two countries have been in discussions. Advertisement"At the end of the day, it does not make any sense to keep him in prison in Russia," Putin said. While Putin said he would not rule out Gershkovich's release, he appeared to double down on charging the journalist with espionage. In 2020, Paul Whelan, a former US Marine, was sentenced to 16 years in prison after Russia charged him with espionage.
Persons: Vladimir Putin, Evan Gershkovich, Tucker Carlson, Putin, Gershkovich, , Evan Gershkovich's, he'd, Dow Jones, Evan, Paul Whelan Organizations: Wall Street, Service, Street, Fox News, US State Department, Federal Security Service Locations: Moscow, Russian, American, Russia
Read previewUkrainian saboteurs who are alleged to have poisoned and killed 46 Russian soldiers are on the run in annexed Crimea after a shoot-out with police, a local report says. Two young saboteurs who had poisoned members of the Russian military in Simferopol and Bakhchisarai fled when authorities attempted to detain them in Crimea, Telegram channel Kremlin Snuffbox said on Tuesday. It was reported in December that members of a Ukrainian partisan group called Crimean Combat Seagulls poisoned and killed 24 Russian soldiers after lacing their vodka with arsenic and strychnine. In another incident, saboteurs killed 18 and hospitalized 14 Russian personnel in Bakhchisarai, Crimea, by putting arsenic and rat poison in pies and beer, Kremlin Snuffbox previously reported. There were also been reports of two mass poisonings of Russian troops in Mariupol in 2023.
Persons: , Bakhchisarai, Snuffbox Organizations: Service, Telegram, Business, Federal Security Service, Crimean, Seagulls, Kremlin Locations: Crimea, Simferopol, Yalta, Ukrainian, Kyiv, Bakhchisarai, Mariupol, Russia
President Vladimir Putin is urging Russians to have more children. Russian birthrates are falling amid war in Ukraine and a deepening economic crisis. AdvertisementRussian President Vladimir Putin is urging women to have as many as eight children after so many Russians are dying in his war with Ukraine, worsening the country's spiraling population crisis. "Many of our grandmothers and great-grandmothers, had seven, eight, or even more children," said Putin. The war in Ukraine has led an estimated 900,000 people to flee the country.
Persons: Vladimir Putin, Putin, , Le Monde, Alexei Raksha Organizations: Service, Russian People's Council, UK's Ministry of Defence, Ukraine, AFP, RFE Locations: Ukraine, Moscow, Russia, Meduza, Rosstat
Russia has added the spokesman of U.S. technology company Meta, which owns Facebook and Instagram, to a wanted list, according to an online database maintained by the country’s interior ministry. The interior ministry’s database doesn't give details of the case against Stone, stating only that he is wanted on criminal charges. In March this year, Russia's federal Investigative Committee opened a criminal investigation into Meta. It alleged that the company's actions following Moscow's full-scale invasion of Ukraine on Feb. 24, 2022 amounted to inciting violence against Russians. In April 2022, Russia also formally barred Meta CEO Mark Zuckerberg from entering the country.
Persons: Andy Stone, Stone, Meta didn't, Mediazona, ’ ”, couldn't, X, Mark Zuckerberg Organizations: Meta, Tass, federal, Russian, Facebook, Twitter Locations: Russia, Russian, Ukraine
A Russian airline gave customers about $1,100 each after it ditched a plane in a Siberian wheat field. The Airbus A320 is still stuck over two months later, and the carrier may "mothball" it for the winter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Ural's payout comes two and a half months after the A320 ended up in the remote Russian wheat field. AdvertisementWorkers inspecting the A320 jet in Siberia.
Persons: , Alexey Malgavko, Oleg Konyuk Organizations: Airbus, Service, Ural Airlines, TASS, People, Federal Air Transport Agency, Aerotime, Workers Locations: Russian, Siberia, Novosibirsk, Ubinsky
"This super pre-emptive right will work only in specific cases, with specific companies," Chebeskov said on the sidelines of a financial forum in Moscow on Nov. 14. "The idea was that this concerns only those strategic companies in which the state already has a share," Chebeskov said. The lack of clarity and uncertain timeline highlights the unpredictable nature of regulatory changes facing investors and businesses seeking to adjust their exposure to Russia. This compares with net outflows of around $48 million in March 2022 and $69 million in February this year. Western investors have already struggled to get assets out of Russia.
Persons: Vladimir Putin, Ivan Chebeskov, Chebeskov, Rybalkin, Tskhakaya, Thomas J Brock, Carlsberg's, Putin, JP Morgan, JPM, Vijay Marolia, Brock, Sinead Cruise, Alexander Marrow, Elena Fabrichnaya, Darya Korsunskaya, Jane Merriman Organizations: Ukraine LONDON, Reuters, Nato, Dyakin, Partners, Kaiser Consulting, Investors, Morningstar Direct, Federal Property Agency, Assets, Deutsche Bank, Regal Point Capital, HSBC, Expobank, Thomson Locations: Russia, Ukraine, MOSCOW, Moscow, Russian, Magnit, London
Moscow's international airport is reportedly setting up an AI-powered radar, according to state media. Sheremetyevo International Airport says the system can spot and jam drones. AdvertisementMoscow is setting up an AI-powered radar system in its international airport that can detect and jam drones, according to Russian state-owned news agency TASS. In a Telegram post, Sheremetyevo International Airport said the defense system, dubbed Yenot-SD, can detect low-flying drones, flocks of birds, and ground perimeter violations. AdvertisementRussia's Federal Air Transport Agency and Sheremetyevo International Airport didn't immediately respond to Insider's requests for comments.
Persons: it's, , Kaspersky, Mikhail Vasilenko Organizations: Sheremetyevo, Service, TASS, Kaspersky, Sheremetyevo International, Media, Moscow's Sheremetyevo, Business, Russia's Federal Air Transport Agency, Air Transport Agency, CNN, Russia's Ministry of Defence Locations: Moscow, Ukraine
More than 2,000 children Yale identified were transported to the Dubrava children's centre in Belarus' Minsk region between September 2022 and May 2023, it said, while 392 children were taken to 12 other facilities. "Russia's federal government and Belarus' regime have been working together to coordinate and fund the movement of children from Russia-occupied Ukraine through Russia to Belarus." Transports to Belarus through Russia were "ultimately coordinated" between Russian President Vladimir Putin and Belarus leader Alexander Lukashenko, it added. Lukashenko approved the use of state organizations to transport children from Ukraine to Belarus and finance their transportation, the Yale report said. Once in Belarus, children have been subjected to military training and re-education, it said.
Persons: Alexander Lukashenko, Pavel Bednyakov, Vladimir Putin, Russia's Putin, Maria Lvova, Lukashenko, David Ljunggren, Mike Collett, White, Alexandra Hudson, Rosalba O'Brien Organizations: Commonwealth of Independent States, CIS, Sputnik, Rights, Yale University, Humanitarian, Yale School of Public Health, State Department, Reuters, U.S . State Department, Ukraine, Yale, Transports, Criminal, Thomson Locations: Bishkek, Kyrgyzstan, Ukraine, Belarus, Russia, Russian, United States, Ukraine's Donetsk, Luhansk, Kherson, Minsk, The Hague
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