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Lithuania, which borders Russia, says Russia could attack other countries if not stopped in Ukraine. Its prime minister told BI that if Putin is not stopped "whatever happens next is Europe's problem at large." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhatever Russia does next will be a problem for the whole of Europe unless it's defeated in Ukraine, Lithuania's prime minister told Business Insider. "If Putin is not stopped in Ukraine, then whatever happens next is Europe's problem at large," she said.
Persons: Putin, , it's, Ingrida Šimonytė Organizations: Service, Business Locations: Lithuania, Russia, Ukraine, Europe
Russia's economy ministry has raised the country's 2023 inflation forecast from 5.3% to 7.5%, per TASS. Russia's economy and the ruble's value have been hit by the war in Ukraine, driving up inflation. Russian President Putin said on Tuesday high inflation is making it "practically impossible" for businesses to make plans. Russian inflation accelerated 5.15% year-over-year in August, well above the central bank's 4% annual inflation target. Analysts polled by Reuters are largely expecting Russia's central bank to hike rates again later this week to support the ruble and tame inflation.
Persons: Putin, Vladimir Putin isn't Organizations: Service, TASS, Ukraine, Moscow, Eastern Economic, Reuters, Kremlin Locations: Ukraine, Wall, Silicon, Russian, Vladivostok
Russian President Putin railed against Western sanctions and touted de-dollarization at the BRICS summit. Putin said the BRICS bloc represents the "global majority" and is an alternative to the Western order. On Tuesday, Putin slammed Western sanctions against Russia over the Ukraine war in a 17-minute prerecorded speech broadcasted at the summit in Johannesburg, South Africa. AdvertisementAdvertisementOver 40 countries have already expressed interest in joining the BRICS bloc as an alternative to Western-led international groupings. The BRICS bloc is home to 40% of the world's population and a quarter of global GDP.
Persons: Putin, Vladimir Putin, , Putin isn't, Putin —, It's Organizations: Service, West, Russia, Associated, Criminal, Reuters Locations: Wall, Silicon, South Africa, Ukraine, Johannesburg, Brazil, Russia, India, China
Yale data shared with Insider illustrate that China is now Russia's largest import and export partner. Thousands of companies have pulled out of Russia in the last year and that's made Moscow increasingly reliant on Beijing. Yale figures shared with Insider shows that China is now Russia's largest import and export partner by a big margin, but the relationship is heavily lopsided. By comparison, Russia is the 11th largest importer of Chinese goods, with the US, Hong Kong, and Japan taking in far more as China's three biggest trade partners. China and Russia have an asymmetric trade relationship.
Persons: that's, That's, Vladimir Putin's, Jeffrey Sonnenfeld, Russia's, Geely, Putin, Putin isn't, Xi Jinping, Mikhail Korostikov Organizations: Yale, Service, Bank of Locations: China, Russia, Moscow, Beijing, Wall, Silicon, Ukraine, Germany, Hong Kong, Japan, Russian, Bank of Russia
It's an apparent show that Vladimir Putin isn't giving in to demands he be replaced. Prigozhin agreed to call off the mutiny when he brokered a deal with the Kremlin and went into exile in Belarus. But the video released Monday appears to be a public show of support by the Kremlin for Gerasimov. Russia's invasion of Ukraine has exposed deep rifts between key figures close to Putin. Before the mutiny, Prigozhin had accused military chiefs of failing to support his fighters, and of launching the invasion on false pretexts.
Persons: Vasily Gerasimov, It's, Wagner, Vladimir Putin isn't, Vladimir Putin, Yevgeny Prigozhin, Prigozhin, Putin, Gerasimov, Sergei Shoigu, Sergey Surovikin, Surovikin Organizations: Service, Kremlin, Reuters, Moscow Times Locations: Wall, Silicon, Ukrainian, Ukraine, Belarus
Speculation is circulating about why Putin isn't punishing Wagner chief Yevgeny Prigozhin. Prigozhin is increasingly brazen in his criticism of Russian military leaders. Putin needs the support of nationalist hardliners like Prigozhin. The Wagner chief's attacks have prompted speculation he may even be planning a coup against Putin. In comments to The Washington Post, Abbas Gallyamov, a political analyst and former Kremlin speechwriter, said that Putin couldn't afford to alienate hardline nationalists such as Prigozhin.
Persons: Putin, Wagner, Yevgeny Prigozhin, Prigozhin, , Vladimir Putin, who've, Abbas Gallyamov, Gallyamov, Putin hasn't Organizations: Service, Wagner Group, Kremlin, Washington Post, Reuters, Ukraine, Russian Interior Ministry Locations: Russian, Ukraine, Russia
You would think that the architects who designed Vladimir Putin's palace thought of everything. They failed to hide plans showing two elaborate tunnels running beneath the palace complex — plans that any competent state-security apparatus would fight tooth-and-nail to keep secret. The underground complex beneath Putin's palace consists of two separate tunnels connected by an elevator that descends roughly 50 meters below the surface. Gelendzhik is the town closest to the palace complex, a five-hour drive from the resort city of Sochi. "With the war in Ukraine," Kimmage said, "there's speechmaking, there's propaganda, there's exaggeration — there's this performative aspect that plays to Russia's domestic politics.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPutin isn't 'particularly worried' about the costs imposed on his military, professor saysSamuel Greene, professor of Russian politics at King's College London, says Russia's economy is one that has been "saving for a rainy day."
Disdain and defiance among Kyiv residents after Putin order
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +3 min
Russian President Vladimir Putin makes an address on the conflict with Ukraine, in Moscow, Russia, in this still image taken from video released September 21, 2022. Register now for FREE unlimited access to Reuters.com Register"I still believe Putin isn't insane, there is some rationality in him. 'EMPTY WORDS'There was strong support among Kyiv residents for Ukraine's own armed forces, who helped by Western arms have been battling Russia's much bigger military for nearly seven months on several fronts and recaptured swathes of land in recent weeks. "I think we have to trust our armed forces and no one else. I believe in Ukraine's armed forces and hope that nothing bad will happen and that we will be defended.
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