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☆ Putin signs decree allowing foreigners to swap frozen funds for blocked Russian assets abroad
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

Russian President Vladimir Putin meets Defence Minister Sergei Shoigu and vice chairman of China's Central Military Commission General Zhang Youxia at the Novo-Ogaryovo state residence outside Moscow, Russia November 8, 2023. Sputnik/Sergei Bobylev/Pool via REUTERS/File photo Acquire Licensing RightsMOSCOW, Nov 8 (Reuters) - Russia's President Vladimir Putin signed a decree on Wednesday allowing foreign investors with funds frozen in Russia to use them to buy blocked assets of Russians abroad. As a result of sanctions imposed by the West over Russia's actions in Ukraine, more than 3.5 million Russians have frozen assets abroad worth around 1.5 trillion roubles ($16.3 billion). Under the decree, Russia will allow citizens of what it deems "unfriendly" countries to buy frozen securities held abroad by Russians by using funds from special "type-C" accounts in Russia, which are otherwise effectively blocked. ($1 = 91.8080 roubles)Reporting by Elena Fabrichnaya and Mark Trevelyan; Editing by Andrew CawthorneOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Sergei Shoigu, Zhang Youxia, Sergei Bobylev, Putin's, Elena Fabrichnaya, Mark Trevelyan, Andrew Cawthorne Organizations: Defence, China's, Military, Sputnik, Rights, West, Thomson Locations: Moscow, Russia, Ukraine, United States

[1/4] Russian President Vladimir Putin meets Defence Minister Sergei Shoigu and vice chairman of China's Central Military Commission General Zhang Youxia at the Novo-Ogaryovo state residence outside Moscow, Russia November 8, 2023. Sputnik/Sergei Bobylev/Pool via REUTERS Acquire Licensing RightsSummary Putin praises China cooperationMeets close ally of Xi in MoscowSays cooperation is to ensure strategic securityZhang says China respects PutinMOSCOW, Nov 8 (Reuters) - President Vladimir Putin on Wednesday lauded what he described as important "high-tech" Russian military cooperation with China at a meeting in Moscow with a top Chinese general who is a close ally of President Xi Jinping. Putin, who heads the world's biggest nuclear power, said military cooperation between Moscow and Beijing was increasing and focused on high-tech areas that would ensure strategic security. "Of course, our cooperation, our contacts in the military and military-technical sphere are also becoming increasingly important, as for military-technical cooperation, here, of course, our work in high-tech spheres comes first," Putin said. Zhang said that his delegation had come in order to implement important agreements and further strengthen bilateral military cooperation.

Persons: Vladimir Putin, Sergei Shoigu, Zhang Youxia, Sergei Bobylev, Xi, Zhang, Putin, Xi Jinping, Joe Biden, Andrew Osborn Organizations: Defence, China's, Military, Sputnik, REUTERS Acquire, Wednesday, Military Commission, Russian Defence, U.S, U.S . Congress, Russian Federation, Reuters, Thomson Locations: Moscow, Russia, China, Putin MOSCOW, Beijing, Ukraine, Europe, United States, People's Republic of China, Washington, Asia, U.S, Australia, Britain

☆ Putin aims to have Russian space station by 2027
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

Sputnik/Sergei Bobylev/Pool via REUTERS Acquire Licensing RightsOct 26 (Reuters) - President Vladimir Putin said on Thursday the first segment of Russia's new orbital station, which Moscow sees as the next logical development in space exploration after the International Space Station (ISS), should be put into operation by 2027. "As the resources of the International Space Station run out, we need not just one segment, but the entire station to be brought into service," Putin was quoted as saying of the new Russian orbital station. Yuri Borisov, head of the Russian space agency, Roscosmos, endorsed Putin's position as a means of maintaining the country's capabilities in manned space flight. "If we don't start large-scale work on creating a Russian orbital station in 2024 it is quite likely that we will lose our capability because of the time gap. What I mean is the ISS will no longer be there and the Russian station won't be ready."

Persons: Vladimir Putin, Yuri Borisov, Sergei Bobylev, Putin, Putin's, Luna, Borisov, Ron Popeski, Sonali Paul Organizations: Space Corporation, Energia, Sputnik, REUTERS Acquire, Space, International, Russian, Thomson Locations: Korolyov, Moscow, Russia, Russian

Russian President Vladimir Putin attends an interview with China Media Group anchor Wang Guan at the Kremlin in Moscow, Russia, in this image released October 16, 2023. Putin spoke to Iranian President Ebrahim Raisi and to Syrian President Bashar al-Assad by telephone, the Kremlin said. Russian Deputy Foreign Minister Sergei Ryabkov told Putin that the situation was escalatory, that Israeli army actions were "indiscriminate" and that the risk was that Israel would begin a ground operation against Gaza. Russian Foreign Minister Sergei Lavrov discussed the conflict between Israel and Hamas with Chinese Foreign Minister Wang Yi in Beijing ahead of a visit by President Vladimir Putin to China. "The United Nations Security Council must take action, and the major powers should play an active role," Wang told Lavrov, according to a Chinese transcript of the meeting.

Persons: Vladimir Putin, Wang Guan, Sergei Bobylev, Putin, Syria Putin, Ebrahim Raisi, Bashar al, Assad, Abdel Fattah al, Abbas, Benjamin Netanyahu, Sergei Ryabkov, Ryabkov, Russia's, Xi, Yuri Ushakov, Sergei Lavrov, Wang Yi, Wang, Lavrov, Guy Faulconbridge, Ed Osmond Organizations: China Media Group, Kremlin, Sputnik, MOSCOW, Gaza, UN Security Council, United Nations Security Council, West Bank, Russian, Chinese Foreign, United Nations Security, Reuters, Thomson Locations: Moscow, Russia, Iran, Syria, Egypt, Israel Russia, China, Israel, United States, Israeli, Russian, Washington, Ukraine, CHINA, RUSSIA, Gaza, East Jerusalem, Beijing

☆ Russian Ruble at Weakest Level Since Early Days of Ukraine War
▼ + stars: | 2023-08-14 | by ( Chelsey Dulaney | Georgi Kantchev | ) www.wsj.com time to read: 1 min

Russia’s central bank raised interest rates last month but it wasn’t enough to stop a slide in the ruble. Photo: Sergei Bobylev/Zuma PressThe ruble’s decline picked up pace in recent weeks, and on Monday the currency fell below 100 to the U.S. dollar for the first time since the weeks after Russia invaded Ukraine. So far this year, the ruble has lost almost 30% of its value against the dollar. Only a handful of currencies including the Turkish lira, Nigerian naira and Argentine peso are having a worse year.

Persons: Sergei Bobylev Organizations: Zuma, U.S, Argentine Locations: Russia, Ukraine

☆ Russian Nationalist Is Wounded in Car Explosion
▼ + stars: | 2023-05-06 | by ( Ann M. Simmons | ) www.wsj.com time to read: 1 min

Zakhar Prilepin at a press conference in Moscow in 2021. Photo: Sergei Bobylev/Zuma PressA prominent Russian nationalist writer and politician was wounded in an explosion of his car on Saturday, the latest in a string of unexplained incidents in Russia. Zakhar Prilepin’s car was being driven in the western Russian city of Nizhny Novgorod when it blew up, killing the driver, according to Russian state news agency TASS.

☆ American Lawyer Pleads Guilty Over Work for Sanctioned Russian Oligarch
▼ + stars: | 2023-04-26 | by ( Dylan Tokar | ) www.wsj.com time to read: 1 min

Russian oligarch Viktor Vekselberg was blacklisted by the U.S. in 2018. Photo: Sergei Bobylev/Zuma PressA New York lawyer has pleaded guilty to criminal charges stemming from payments he made for Russian oligarch Viktor Vekselberg , the latest in a crackdown on the white-collar professionals who federal prosecutors say are key enablers of the Kremlin’s sanctions-evasion efforts. The lawyer, Robert Wise , helped Mr. Vekselberg make about $3.8 million in payments to maintain six properties in New York and Florida owned by the Russian billionaire, prosecutors say. The Pelham, N.Y., resident pleaded guilty in Manhattan federal court Tuesday to one count of conspiring to commit international money laundering and agreed to pay $210,000.

☆ Why economists study hemline lengths and men's underwear sales for clues we could be headed for a recession
▼ + stars: | 2023-04-10 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +1 min

The creation of the lipstick index is widely attributed to Leonard Lauder, one of the billionaire heirs to the Estée Lauder cosmetics fortune. Back in 2001, when the US economy was in the throes of a recession, Lauder noticed that lipstick sales were actually rising, not falling. Lauder's theory was that lipstick sales and the health of the economy were in inverse proportion to one another — essentially, as the economy got worse, lipstick sales got better. The lipstick index has borne out several times throughout history. Still, lipstick probably isn't a reliable recession indicator — there are plenty of times when cosmetics sales have boomed during times of relative economic prosperity and dipped during downturns.

☆ Why China's and Russia's 5th-generation stealth jets don't quite live up to the hype, according to a former US Navy pilot
▼ + stars: | 2023-02-10 | by ( Peter Suciu | ) www.businessinsider.com time to read: +6 min

Those jets have advanced features but aren't quite as advanced as US stealth jets, a former Navy pilot says. However, a copy of a fifth-generation fighter does not actually make it one. Russia's Sukhoi Su-57Russian Su-57 fighter jets. A Russian Su-57 fighter jet. Associated PressThough the Chinese and Russian aircraft are likely highly capable warbirds, some US aviation experts have suggested they shouldn't rightfully be considered "fifth-generation."

☆ Only 3 countries have managed to build 5th-generation fighters, but nearly a dozen are already working on 6th-gen jets
▼ + stars: | 2023-01-03 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +12 min

(The recently unveiled B-21 bomber is billed as the world's first sixth-gen aircraft, but little is known about its capabilities.) Lockheed Martin, Northrup Grumman, and Boeing are believed to be competing to build the jets, and all have released illustrations of sixth-gen aircraft. FCAS/SCAFA full-scale model of the Future Combat Air System at the Paris Air Show in June 2019. An illustration of Japan's next-generation fighter aircraft concept. While China is making heavy investment in military aviation, Russia's ability to develop next-generation jets may be shrinking.

How Putin and Friends Stalled Climate Progress A handful of powerful world leaders rallied around Russia and undercut global cooperation. Mr. Putin has gained from this as the increasingly autocratic Mr. Xi finds common cause with the Kremlin. “Much depends on whether authoritarian leaders perceive climate action to be in their self-interest.”Though their actions help Mr. Putin, their track records on climate are mixed. Mr. Xi called Mr. Putin his “best friend.”He was returning the favor from a year earlier, when Mr. Putin hosted Mr. Xi at the Grand Kremlin Palace and awarded him one of Russia’s highest medals for foreign dignitaries. At a news conference with Mr. Putin, Mr. Bolsonaro thanked his “dear friend,” saying that Mr. Putin had offered him support when other world leaders were criticizing his Amazon policy.

☆ These animals went extinct in the wild. Scientists brought them back
▼ + stars: | 2021-04-16 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +3 min

All of them went extinct in the wild – and all of them came back, thanks to reintroduction programs. One of the most iconic reintroduction success stories, Przewalski's horse went extinct in the wild in the 1960s, but were returned to the Mongolian steppe in 1992. “The less time that has passed, the more likely that environment is the same as when the species went extinct,” she says. “But you still need to address the reason why it went extinct in that environment to begin with.”Read more: This palm tree nearly went extinct. Without these projects, species such as Przewalski’s horse and the Guam rail would almost certainly be extinct in the wild.

Persons: Natasha Robinson, Sergei Bobylev, Robinson, ” Read, Karim Sahib Organizations: CNN, Conservation, Australian National University, United, United Arab Emirates, Getty Locations: Israel, Oman, Saudi Arabia, Jordan, United Arab, AFP, Guam

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