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☆ Russia is expected to grow faster than all advanced economies this year
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesRussia's economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund. The prediction will be galling for Western nations which have sought to economically isolate and punish Russia for its 2022 invasion of Ukraine. In short, Russia has adapted to a "new normal" as its economy has been put on a war footing. The Washington-based IMF includes the U.S., U.K., the euro area's largest economies, Canada and Japan as advanced economies. "If you look at Russia, today, production goes up, [for the] military, [and] consumption goes down.

Persons: Vladimir Putin, Uralvagonzavod, Ramil Sitdikov, Kristalina Georgieva, CNBC's Dan Murphy, Georgieva, Elvira Nabiullina, Andrey Rudakov Organizations: Evraz Consolidated, Siberian Metallurgical, Bloomberg, Getty, International Monetary Fund, U.S, Sputnik, Afp, IMF, TU, CNBC, World Governments, Bank of Russia, Duma Locations: Evraz Consolidated West, Novokuznetsk, Russia, Germany, France, Ukraine, India, China, Russian, Urals, Nizhny Tagil, Washington, Canada, Japan, Europe, Asia, Kazan, Dubai, Soviet Union, Russia's

☆ Floods Batter Russia and Kazakhstan, Forcing Tens of Thousands to Evacuate
▼ + stars: | 2024-04-10 | by ( Ivan Nechepurenko | More About Ivan Nechepurenko | ) www.nytimes.com time to read: 1 min

More than 100,000 people were forced to evacuate on Wednesday after devastating spring floods engulfed cities and villages across vast sections of Russia and Kazakhstan. The floods affected multiple settlements across Russia in the South Urals region east of Moscow, in Western Siberia and near the Volga River, as well as at least five regions of Kazakhstan, which shares a long border with Russia. Dmitri S. Peskov, the Kremlin’s spokesman, said on Wednesday that the situation was “quite tense” and the forecast was “unfavorable” as “large amounts of water are coming to new regions.”

Persons: Dmitri S Locations: Russia, Kazakhstan, South Urals, Moscow, Western Siberia

☆ Russia flooding: Anger boils over for some in Ural region
▼ + stars: | 2024-04-09 | by ( Billy Stockwell | Story Reuters | ) edition.cnn.com time to read: +5 min

Russia declared an emergency in the Orenburg region near Kazakhstan after the Ural River, Europe’s third longest river, swelled several meters in hours on Friday, and burst through a dam embankment in the city of Orsk. Some are also unhappy that the dam embankment built in 2010 was unable to defend their city. An aerial view shows the scale of flooding in the city of Orsk, Orenburg Region, Russia. The Ural River rises in the Ural Mountains and flows into the Caspian Sea. The mayor of Orenburg, Sergei Salmin, said the Ural River was expected to break the previous record of 9.46 meters.

Persons: Vladimir Putin, “ Putin, Denis Pasler, “, ” Pasler, Vladimir Astapkovich, Putin, Alexander Kurenkov, Kurenkov’s, Alexander Moor, Sergei Salmin, ” Salmin, Vadim Shumkov, ” Organizations: Reuters, Tass, Russia’s Emergencies Ministry, AP Emergency, Orsk, ” Tass Locations: Russia, Orenburg, Kazakhstan, Orsk, Moscow, Orenburg Region, Kurgan, Tyumen, Siberia, Tyumen region, Western Siberia, Ural

☆ Ukraine war live updates: Moscow says ties with China are at post-Cold War peak; Russia scrambles to deal with massive floods
▼ + stars: | 2024-04-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

An aerial picture taken on April 8, 2024 shows the flooded part of the city of Orsk, Russia's Orenburg region, southeast of the southern tip of the Ural Mountains. On April 7, Russia declared a federal emergency in the Orenburg region, where the Ural river flooded much of the city of Orsk and is now reaching dangerous levels in the main city of Orenburg. Much of the city of Orsk has been flooded after torrential rain burst a nearby dam. Citing the local branch of Russia's Ministry of Emergency Situations, TASS news agency reported that at least 4,000 homes could also be affected. "Preventive measures are already being taken there, rescue teams have been strengthened, and the forces and means of the Russian Ministry of Emergency Situations have been put on high alert," the ministry said.

Persons: Anatoliy Zhdanov, ANATOLIY ZHDANOV, Vladimir Putin, Alexander Kurenkov, Putin, — Organizations: Getty, Russia's Ministry, TASS, Russian Ministry Locations: Orsk, Russia's Orenburg, Russia, Siberia, Orenburg, Kurgan, Ural, Kazakhstan, Tyumen, Urals, Moscow

☆ China is on pace to buy a record amount of Russian oil this month
▼ + stars: | 2024-03-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

China's intake of Russian crude is set to reach a record this month, Kpler data cited by Bloomberg shows. The shift is due to tighter enforcement of Western sanctions, that's diminishing the discount on Russian oil. AdvertisementChinese imports of Russian crude are on course to reach record volumes this month, as Beijing takes over diminishing Indian demand. 1.7 million barrels a day are expected to ship into the country, Bloomberg said, citing Kpler data. That same month, Indian imports of Russian crude fell by 420,000 barrels a day.

Persons: —, India —, Wang Yi, it's, That's, Sovcomflot, Bloomberg Organizations: Bloomberg, Sokol, Service, Foreign, Group Locations: Beijing, India, China, Moscow, Russia

☆ Nikolai I. Ryzhkov, Soviet Premier Who Presided Over Economic Chaos, Dies at 94
▼ + stars: | 2024-02-28 | by ( Robert D. Mcfadden | ) www.nytimes.com time to read: 1 min

Nikolai I. Ryzhkov, a premier of the Soviet Union who in 1990 took the brunt of the blame for economic chaos that engulfed the last years of Communist rule, leading to the nation’s political collapse and the end of the Cold War, has died. His death was confirmed on Wednesday by Valentina Matvienko, the head of the Federation Council, Russia’s upper chamber of Parliament, in a statement on Telegram. Starting as a welder in a factory in the Urals, Mr. Ryzhkov rose as a party loyalist with economic expertise to peaks of success as a protégé of the last leader of the Soviet Union, Mikhail S. Gorbachev. The general secretary of the Communist Party, Mr. Gorbachev in 1985 named Mr. Ryzhkov as chairman of the Council of Ministers — a title more commonly known as premier — the second-most-powerful post in the Soviet hierarchy.

Persons: Nikolai I, Valentina Matvienko, Ryzhkov, Mikhail S, Gorbachev, Ministers — Organizations: Soviet Union, Federation Council, Communist Party, Ministers Locations: Soviet, Urals, Soviet Union

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

☆ How Russia has avoided bankrupting itself after 2 years of waging war in Ukraine
▼ + stars: | 2024-02-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +9 min

1: By waging war outside its own bordersOne critical reason Russia's economy is still ticking is because of the location of the war. AdvertisementConsider the impact of the war on the economies of both Russia and Ukraine. In 2022, the first year of the war, Russia's economy contracted 1.2%, according to official statistics. Russia was facing a demographic crisis with a declining population and falling fertility rate even before its war with Ukraine. 4: By stimulating and steadying its economy with subsidies and policiesGovernment subsidies, spending, and policies are also propping up Russia's economy.

Persons: —, Hassan Malik, Loomis Sayles, it's, Malik, Vladimir Putin's, Sergei Guriev, Malik isn't, Alex Isakov, Putin, Alexandra Prokopenko Organizations: Service, Business, Reuters, US, Exchange, European Bank for Reconstruction, Bloomberg Economics, Vienna Institute for International Economic Studies Locations: Russia, Moscow, Boston, Crimea, Ukraine, Russian, China, India, Austrian

☆ Putin Urges Russians to Have More Kids, Says Ethnic Survival at Stake
▼ + stars: | 2024-02-15 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Russian families must produce at least two children for the sake of the nation's ethnic survival, and three or more if it is to develop and thrive, President Vladimir Putin said on Thursday. Putin told employees at a tank factory in the Urals region that two children per family was the minimum number if the peoples of Russia were to preserve their identities. "If we want to survive as an ethnic group - well, or as ethnic groups inhabiting Russia - there must be at least two children," he said. The Latest Photos From Ukraine View All 91 ImagesIf each family had just one child, the population would shrink, he said. Russia suffered two decades of gradual population decline following the collapse of the Soviet Union, exacerbated by chronic problems such as alcoholism.

Persons: Vladimir Putin, Putin, Maxim Rodionov, Mark Trevelyan Organizations: Reuters Locations: Russia, Ukraine, Urals, Soviet Union

☆ Russia's economic decline is in only in the early stages, and the country is masking significant 'degradation,' think tank says
▼ + stars: | 2024-02-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Russia's economic decline is still in the early stages, according to a London-based think tank. But talk of Russia's economic resilience is misguided, and there are deep-rooted issues that will continue to plague its economy, the think tank said. AdvertisementRussia's robust military spending has been a key factor in propping up its economic growth so far. "Significantly greater isolation and economic degradation is baked into the cake for the Russian economy and people." Russian inflation grew 7.2% year-per-year in January, well above the nation's 4% inflation target.

Persons: —, Mark Sobel, Sobel, Brent, that's Organizations: Service, Official Monetary, Financial, International Monetary Fund, Bloomberg, Yale School of Management . Companies Locations: London, Ukraine, Russia, Oilprice.com, Moscow

☆ Russia has burned through almost half of the liquid reserves in its national wealth fund as it bleeds money amid the war in Ukraine
▼ + stars: | 2024-01-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Read previewThe stash of liquid assets in Russia's national wealth fund has fallen over 44% since Moscow invaded Ukraine, according to a Bloomberg report of Russian finance ministry data on Wednesday. Meanwhile, the national wealth fund's total holdings tumbled 12% over the same period. The massive slump in the national wealth fund's liquid assets came as its holdings in Russian companies and in infrastructure bonds surged by 2 trillion rubles, per Bloomberg calculations. AdvertisementRussia's finance ministry also used around 3 trillion rubles from the fund to cover its budget deficit in 2023 after it doubled defense spending in the same period. Alex Isakov, an economist at Bloomberg Economics, said Russia's national wealth fund's liquid assets will last for another year or two if the country's oil export prices fall below $50 a barrel.

Persons: —, Alex Isakov Organizations: Service, Bloomberg, Business, National, Bloomberg Economics Locations: Moscow, Ukraine, Russia, Russia's, Israel

☆ Trade between China and Russia ballooned to a record $240 billion last year
▼ + stars: | 2024-01-15 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

China's trade with Russia jumped 26% to a record $240 billion last year, according to customs data published Friday. The ties between the two countries have strengthened since Russia invaded Ukraine in February 2022. AdvertisementTrade between China and Russia ballooned to a new record last year with the economic ties between Beijing and Moscow strengthening even as the war in Ukraine rages on. Dollar-denominated commerce between the two countries climbed 26% from $190 billion to $240 billion in 2023, data published by China's General Administration of Customs on Friday showed. "Ideological confrontation, geopolitical rivalry and bloc politics are not the choice for us, but we stand against economic sanctions, economic coercion, and decoupling and supply chain disruptions," he said.

Persons: —, Brent, Xi Jinping, Vladimir Putin Organizations: Service, China's, Administration, Customs Locations: Russia, Ukraine, China, Beijing, Moscow, Kremlin, Refinitiv, Washington

☆ Russian court extends pre-trial detention for WSJ reporter Gershkovich
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

[1/2] Wall Street Journal reporter Evan Gershkovich attends a court hearing on the extension of pre-trial detention on espionage charges in Moscow, Russia November 28, 2023. Moscow General Jurisdiction Courts Press Service/Handout via REUTERS Acquire Licensing RightsMOSCOW, Nov 28 (Reuters) - A Russian court has extended the pre-trial detention of Wall Street Journal reporter Evan Gershkovich for two months until Jan. 30, 2024, the court's press service said on Tuesday. Gershkovich was arrested on March 29 in the Urals city of Yekaterinburg on charges of espionage that carry up to 20 years in prison. "The court ruled to extend the term of detention of Gershkovich, accused of a crime under Article 276 of the Criminal Code of the Russian Federation, for up to 10 months, that is, until January 30, 2024," Moscow's Lefortovo district court said. Reporting by Reuters; editing by Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Evan Gershkovich, Gershkovich, Guy Faulconbridge Organizations: Wall, Press Service, REUTERS Acquire, Rights, Wall Street, Russian Federation, Reuters, Thomson Locations: Moscow, Russia, Yekaterinburg, Lefortovo

☆ Russian authorities are restricting abortion access amid population and military recruiting concerns
▼ + stars: | 2023-11-25 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Top Russian authorities are restricting abortion access to combat population stagnation. The head of the Russian Church said it would boost the population like "waving a magic wand." Russian women's groups say the policies are forcing women to birth unwanted children, per the BBC. AdvertisementTop Russian authorities are restricting abortion access, calling the procedure a "disaster." It comes amid the state's concerns over population growth, particularly where it impacts military recruiting, according to the BBC.

Persons: —, Kirill, Vladimir Putin, Putin Organizations: Service, BBC, Church, Kremlin, Central Intelligence Agency, Authorities, Feminist Movement Locations: Russian

☆ Exclusive: Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Tatiana Meel/File Photo Acquire Licensing RightsMOSCOW/LONDON, Nov 23 (Reuters) - Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed. Greek shippers Minerva Marine, Thenamaris and TMS Tankers have stopped transporting Russia oil in recent weeks, the four traders said. The Greek shippers' exit from the trade followed tighter U.S. sanctions imposed on Russian oil shipments. The G7 countries introduced a price cap on Russian oil in late 2022, but had not previously enforced it. Russian oil trade has brought record revenues over the past year to the shippers who took the risk and stayed in the business.

Persons: Tatiana Meel, Thenamaris, Minerva, Jonathan Saul, Dmitry Zhdannikov, Eleftherios Papadimas, Susan Fenton Organizations: Nord, REUTERS, Minerva, TMS, Minerva Marine, Reuters, United Arab Emirates, Treasury, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, LONDON, Asia, Turkey, East, Africa, South America, Moscow, Washington, OPEC, U.S, Baltic, India, Primorsk, Ust, Iran, Europe, UAE, Hong Kong, Seychelles, Ghana, Liberia, Cook, London, Athens

Ministers from OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, meet on Sunday in Vienna. Robust global oil prices this year and Moscow's growing use of a shadow tanker fleet have meant that much Russian oil has traded mostly above the Western oil cap price. Moscow-based independent oil analyst Alexei Kokin said the oil prices declined from "very comfortable" levels to "just comfortable" levels. Russia has budgeted the price of Urals, its flagship oil grade, at 4,788 roubles ($53.36) per barrel this year. However, the share of energy sales in the federal budget proceeds - which used to exceed 50% of total budget revenue - has drastically declined.

Persons: Alexander Manzyuk, Vladimir Putin, Alexei Kokin, Ronald Smith, Vladimir Soldatkin, Guy Faulconbridge, Jason Neely Organizations: REUTERS, Energy, OPEC, Organization of, Petroleum, BCS, Investments, Brent, Thomson Locations: Republic of Tatarstan, Russia, MOSCOW, Vienna, OPEC, U.S, China, Saudi Arabia, United States, Moscow

☆ Russia's Urals oil from Baltic ports falls below $60 cap amid sanctions
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Nov 17 (Reuters) - Russia's Urals oil prices on Friday fell below the Western price cap level of $60 per barrel amid a rise in freight rates fuelled by fresh U.S. sanctions on shipowners and weaker global oil prices, two traders said and Reuters calculations showed. Russia's main export grade had been trading above $60 since mid-July amid output cuts by OPEC+ producers including Saudi Arabia and Russia. On Friday freight rates for Urals oil shipments from Russia's Baltic ports of Primorsk and Ust-Luga to India rose to $9.2-9.5 million per tanker per voyage from $8 million last week. Urals oil prices on a delivered ex-ship basis in Indian ports were stable at a discount of around $5 per barrel to dated Brent, traders said. High transportations costs weighed on FOB prices for Russian Urals oil, traders said, adding that amid weakness in Brent the grade's price was below $60 as of Friday.

Persons: Brent, Jason Neely Organizations: U.S . Treasury Department, United, Thomson Locations: MOSCOW, U.S, United Arab Emirates, Australia, Ukraine, Saudi Arabia, Russia, Primorsk, Ust, Luga, India, Brent

☆ In wartime Russia, soaring prices bite as election looms
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +5 min

When she goes through the snow to the shops, she inspects the prices to search for bargains. Prices for disposable nappies and baby food have at least doubled, she said. While many families across the world are grappling with price rises, the peculiarities of Russia's wartime economy have spurred high inflation for millions of Russian voters ahead of the 2024 election. Putin is expected to run in next year's election, a move that would keep him in power until least 2030. Igor Lipits, a Russian economist, said official Russian data on levels of poverty were poor - as was the overall picture for the Russian economy - despite often rosy announcements aimed at pleasing the Kremlin leadership.

Persons: Sergei, Stepanova, Vladimir Putin, Putin, Igor Lipits, Lipits, Lyudmila, Guy Faulconbridge, Alexandra Hudson Organizations: West, Reuters, U.S, stoke, Monetary Fund, Central Bank, Alexandra Hudson Our, Thomson Locations: SREDNEURALSK, Russia, Ukraine, Stepanova, Sredneuralsk, Lake Iset, Yekaterinburg, Moscow, United States, Russian, St Petersburg

☆ Russian oil shaves India's import costs by about $2.7 billion
▼ + stars: | 2023-11-08 | by ( Nidhi Verma | ) www.reuters.com time to read: +3 min

Crude oil accounts for about a third of India's overall imports by value. Access to cheap Russian oil enabled India to cut imports from the Middle East, where prices strengthened following Saudi Arabia's voluntary additional supply cuts since July. India imported 69.06 million metric tons of Russian oil, equivalent to 1.85 million barrels per day (bpd), between January and September, commerce ministry data showed, including Russian oil imported from South Korea, Greece and Spain through transshipments. The average price for Russian oil delivered to Indian refiners was $525.60 per ton during that period, including shipping and insurance costs, Reuters calculations based on ministry data showed. Discounted Russian oil cuts India's crude import billIndia saved at least $2 billion in buying discounted Russian oilBy importing Russian oil, Indian refiners benefit from lower feedstock costs, which have buoyed gross refining margins and curtailed revenue loss from subsidised retail fuel sales.

Persons: Dado Ruvic, India doesn't, Nidhi Verma, Florence Tan, Tony Munroe, Christina Fincher Organizations: REUTERS, Saudi, Iraq, Saudi Arabia, Thomson Locations: DELHI, India, Europe, Moscow, Ukraine, South Korea, Greece, Spain, transshipments, Russia, Saudi, Sokol, China

☆ Solar flares bathe swathes of Siberia in scarlet 'northern lights'
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Nov 6 (Reuters) - Swathes of Russia and Ukraine were bathed in some of the strongest scarlet and green "northern lights" for years on Monday due to solar flares, according to pictures posted on social media and Russian media. The so-called "aurora borealis" bathed swathes of Siberia, the Urals, southern Russia and Ukraine in green, scarlet and purple overnight. Pictures posted on social media showed the night sky across Russia shining red and green. The lights are generated by streams of charged particles from the sun which penetrate the earth's atmosphere and collide with gas molecules which then release photons of light. The New Scientist magazine said in September that the northern lights are expected to be stronger this year than for at least a decade due to a surge in activity in the sun.

Persons: Guy Faulconbridge Organizations: New, Reuters, Thomson Locations: MOSCOW, Russia, Ukraine, Siberia, Urals

☆ Solar Flares Bathe Swathes of Siberia in Scarlet 'Northern Lights'
▼ + stars: | 2023-11-06 | by ( Nov. | At A.M. | ) www.usnews.com time to read: 1 min

MOSCOW (Reuters) - Swathes of Russia and Ukraine were bathed in some of the strongest scarlet and green "northern lights" for years on Monday due to solar flares, according to pictures posted on social media and Russian media. The so-called "aurora borealis" bathed swathes of Siberia, the Urals, southern Russia and Ukraine in green, scarlet and purple overnight. Pictures posted on social media showed the night sky across Russia shining red and green. The lights are generated by streams of charged particles from the sun which penetrate the earth's atmosphere and collide with gas molecules which then release photons of light. The New Scientist magazine said in September that the northern lights are expected to be stronger this year than for at least a decade due to a surge in activity in the sun.

Persons: Guy Faulconbridge Organizations: New, Reuters Locations: MOSCOW, Russia, Ukraine, Siberia, Urals

"The decision has been made - he will run," said one of the sources who has knowledge of planning. Three other sources said the decision had been made: Putin will run. A foreign diplomatic source, who also requested anonymity, said Putin made the decision recently and that the announcement would come soon. Peskov said in September that if Putin decided to run, then no one would be able to compete with him. "Russia is facing the combined might of the West so major change would not be expedient," one of the sources said.

Persons: Vladimir Putin, Kuzma Minin, Dmitry Pozharsky, Mikhail Metzel, Putin, Boris Yeltsin, Josef Stalin, Leonid Brezhnev's, Dmitry Peskov, Peskov, Mikhail Gorbachev grappled, Yevgeny Prigozhin, Prigozhin, Alexei Navalny, Oleg Orlov, Guy Faulconbridge Organizations: Unity, Sputnik, Kremlin, Reuters, Kommersant, West ., KGB, Soviet, Cuban Missile, West, NATO, China, European Union, Thomson Locations: Red, Moscow, Russia, MOSCOW, West . RUSSIA, Soviet Union, Ukraine, United States, European, Soviet Russia, Afghanistan

☆ CAS registers Russian appeal against Olympic membership suspension
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +3 min

International Olympic Committee (IOC) President Thomas Bach gestures as he speaks during a news conference, ahead of the 141st IOC Session, in Mumbai, India, October 13, 2023. REUTERS/Niharika Kulkarni/File Photo Acquire Licensing RightsNov 6 (Reuters) - The Court of Arbitration for Sport (CAS) has registered an appeal filed by the Russian Olympic Committee (ROC) against the decision by the International Olympic Committee (IOC) to suspend its membership, the independent judicial body said on Monday. The challenge arose over the IOC's suspension of the ROC following the ROC decision to include as its members some regional sports organisations which are under the authority of the National Olympic Committee (NOC) of Ukraine. "The CAS arbitration proceedings have commenced. The Russian Olympic Committee was banned with immediate effect on Oct. 12 for recognising regional organisations from four territories annexed from Ukraine, the International Olympic Committee said.

Persons: Thomas Bach, Niharika Kulkarni, Vladamir Putin, Putin, Trevor Stynes, Christian Radnedge Organizations: Olympic Committee, 141st IOC, REUTERS, Sport, Russian Olympic Committee, International Olympic Committee, National Olympic Committee, IOC, Olympic, Sports, Russian Olympic, Sporting Power, Swiss, Thomson Locations: Mumbai, India, ROC, Ukraine, Luhansk, Donetsk, Kherson, Zaporizhzhia, Russia, Perm

Last year's U.S. Supreme Court decision rescinding a five-decade-old right to abortion has reshaped American abortion policy, shifting power to states. Sales of abortion pills in 2022 were up 60%, according to Nikolay Bespalov, development director of the RNC Pharma analytical company. A recent Health Ministry decree restricted circulation of abortion pills, used to terminate pregnancies in the first trimester. Regional authorities have tried to get private clinics to stop offering abortions, with varying success. In Tatarstan, about a third of all private clinics no longer provide them, officials said.

Persons: heartened Dasha, Vladimir Putin, Yakovleva, ”, Michele Rivkin, rescinding, Putin, Mikhail Murashko, Nikolay Bespalov, Yekaterina Hivrich, Irina Fainman, Fainman, Pyotr Tolstoy, Irina Volynets, Lina Zharin, ” Natalya Moskvitina, Moskvitina, Olga Mindolina, Mindolina, Anastasia, “, Lyubov Organizations: Associated Press, Nationwide, Health Ministry, University of North, Supreme, Russian Orthodox Church, Health, AP, Authorities, Lahta Clinic, Conservative, Women Locations: TALLINN, Estonia, Kaliningrad, Russia, U.S, University of North Carolina, Last, Soviet Union, ” State, Ukraine, St . Petersburg, Karelia, Tatarstan, mulling, Chelyabinsk, Mordovia, Voronezh

The other tier comprises mainstream vessels that use Western services for legal oil shipments, including from Russia under the terms of the price cap. In the short term, available ghost vessels could be in particular demand, making chartering them more expensive. Even so, some analysts say removing the price cap could be the way to really punish Russia. But he said that was very unlikely because the price cap at least allows Russian oil to flow, thereby moderating international prices. "The Biden administration is already reeling from higher oil prices compounded by the unrest in Gaza, potentially spreading to a wider Middle Eastern conflict.

Persons: Alexandre Meneghini, Ioannis Papadimitriou, Mike Salthouse, FGE, Vortexa’s Papadimitriou, Richard Bronze, Adi Imsirovic, Biden, Natalie Grover, Robert Harvey, Julia Payne, Andrea Shalal, Barbara Lewis Organizations: REUTERS, Reuters, Maersk, EU, White House, United Arab, Shell, BP, Exxon Mobil, Exxon, U.S, . Treasury, Treasury, Novy Port, Surrey Clean Energy, Thomson Locations: Liberia, Russia, Matanzas, Matanzas , Cuba, Ukraine, United States, Euronav, Turkey, United Arab Emirates, U.S, India, Novy, Gaza, London, Brussels, Washington

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