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SummaryCompanies Russia moon mission failsLuna-25 crashes into the moonFailure is a blow to Russian space prestigeSoviet space veteran: Luna-25 was my last hopeMOSCOW, Aug 20 (Reuters) - Russia's first moon mission in 47 years failed when its Luna-25 space craft spun out of control and crashed into the moon after a problem preparing for pre-landing orbit, underscoring the post-Soviet decline of a once mighty space programme. Russia's state space corporation, Roskosmos, said it had lost contact with the craft at 11:57 GMT on Saturday after a problem as the craft was shunted into pre-landing orbit. Though moon missions are fiendishly difficult, and many U.S. and Soviet attempts have failed, Russia had not attempted a moon mission since Luna-24 in 1976, when Communist leader Leonid Brezhnev ruled the Kremlin. Russian officials had hoped that the Luna-25 mission would show Russia can compete with the superpowers in space despite its post-Soviet decline and the vast cost of the Ukraine war. "This was perhaps the last hope for me to see a revival of our lunar program," he said.

Persons: Luna, Roskosmos, Yuri Gagarin, Leonid Brezhnev, Anatoly Zak, Zak, Mikhail Marov, Marov, Guy Faulconbridge, Christina Fincher, Frances Kerry Organizations: Kremlin, India, Indian Space Research Organisation, ISRO, YP Rajesh, Thomson Locations: Russia, MOSCOW, Moscow, Soviet, Europe, Tenerife, China, United States, Handout, Ukraine, Soviet Union, India, Delhi

☆ Factbox: Russia's Luna-25 moon mission fails: what you need to know
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +3 min

LUNA-25It was Russia's first moon mission since the Soviet Union's Luna-24 returned with samples from the moon in 1976. The lander was boosted out of Earth's orbit toward the moon a little over an hour later. Russia had not attempted a moon mission since Luna-24 in 1976, when Leonid Brezhnev ruled the Kremlin. Luna-25 was supposed to execute a soft landing on the south pole of the moon on Aug. 21, according to Russian space officials. Eventually, in the early 2010s, Russia settled upon the idea of the Luna-25 mission to the south pole of the moon.

Persons: Luna, Roskosmos, Yuri Gagarin, Leonid Brezhnev, Vladimir Putin, Guy Faulconbridge, Philippa Fletcher, Christina Fincher Organizations: 2.1b, Vostochny, REUTERS Acquire, Rights, Soyuz, Luna, Kremlin, Thomson Locations: Amur, Russia, Soviet, Vostochny cosmodrome, Moscow, RUSSIA, Soviet Union

☆ Moscow court arrests U.S. national for 'espionage' -Russian news agencies
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

The Russian flag flies on the dome of the Kremlin Senate building behind Spasskaya Tower, in central Moscow, Russia, May 4, 2023. REUTERS/Stringer/File Photo Acquire Licensing RightsAug 17 (Reuters) - A Moscow court has arrested an already imprisoned Russia-born U.S. citizen on charges of espionage, Russian news agencies reported on Thursday. Russian news agencies did not report any details of the new charges, but said the court session was held behind closed doors as the case materials were classified. Speaking on CNN, White House spokesperson John Kirby said the administration was still collecting information about the case and had no comment yet. Reporting by Maxim Rodionov, Kanishka Singh and Lidia Kelly; Editing by Chris Reese, Daniel Wallis and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Stringer, Gene Spector, Arkady Dvorkovich, Spector, John Kirby, Maxim Rodionov, Kanishka Singh, Lidia Kelly, Chris Reese, Daniel Wallis, Raju Gopalakrishnan Organizations: Kremlin Senate, REUTERS, TASS, Medpolymerprom, CNN, White, State Department, Thomson Locations: Russian, Kremlin, Moscow, Russia, Russia's St, Petersburg, United States

☆ CNBC Daily Open: Tech is back
▼ + stars: | 2023-08-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Tech reboundU.S. stocks started the week on a positive note, thanks to a rebound in chipmakers and technology stocks. Back to golf, not bankingGoldman Sachs' former CEO Lloyd Blankfein can't imagine returning to his old firm, he told CNBC. The Fed, in turn, will begin lowering interest rates before the end of June 2024, the bank forecast.

Persons: Morgan Stanley, Goldman Sachs, Lloyd Blankfein, Blankfein, China's, Russia's staunchest Organizations: CNBC, Tech, Philips, Nvidia, New York Times, Beijing, West, Federal Reserve Locations: chipmakers, China, Ukraine, Russia

☆ Russian ruble slumps to near 17-month low, moves past 100 against the dollar
▼ + stars: | 2023-08-14 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

This pool image distributed by Sputnik agency shows Russian President Vladimir Putin meeting with the Tver region governor at the Kremlin in Moscow on August 9, 2023. The Russian ruble slid past 100 to the U.S. dollar on Monday, nearing a 17-month low as President Vladimir Putin's economic advisor blamed loose monetary policy for the rapid depreciation. Putin's economic advisor Maxim Oreshkin told Russia's state-owned Tass news agency that the depreciation would normalize in the near future." A weak ruble complicates the restructuring of the economy and negatively affects the real incomes of the population. In the interests of the Russian economy — a strong ruble," he said, according to a Google translation.

Persons: Vladimir Putin, Vladimir Putin's, Maxim Oreshkin, William Jackson, Jackson Organizations: Sputnik, Kremlin, Russian, U.S, greenback, Bank of, Tass, Federal State Statistics Service, Capital Economics Locations: Tver, Moscow, Bank of Russia, Russia's, Russia, Russian

Russia in July halted participation in the Black Sea grain deal that allowed Ukraine to export agricultural produce via the Black Sea and Moscow cautioned that it deemed all ships heading to Ukrainian waters to be potentially carrying weapons. "To forcibly stop the vessel, warning fire was opened from automatic weapons," the Russian defence ministry said. BLACK SEA AT WAR? Since Russia left the Black Sea grain deal, both Moscow and Kyiv have issued warnings and carried out attacks that have sent jitters through global commodity, oil and shipping markets. Ukraine also attacked a Russian oil tanker and a warship at its Novorossiysk naval base, next door to a major grain and oil port.

Persons: Vasily Bykov, Okan, Guy Faulconbridge, Nick Macfie Organizations: UN, Russian, Reuters, Thomson Locations: Russia, MOSCOW, Russian, Black, Ukraine, Moscow, Palau, Izmail, Bulgaria, Sulina, Turkey, Kyiv, Novorossiysk

☆ Russian officials are fuming after Ukraine isolated it in peace talks that even China attended: 'They're gossiping without us'
▼ + stars: | 2023-08-10 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Kremlin officials are concerned Kyiv is outflanking them diplomatically, The Moscow Times said. In comments to The Moscow Times, four former and current Kremlin officials familiar with Russia's diplomacy were troubled. A former high-ranking Russian diplomat also expressed concern to The Moscow Times about Russia's isolation, but added that Moscow's participation in discussions was necessary for ending the conflict. In recent months, Russia and Ukraine have intensified their struggle to for diplomatic support for their versions of ending the war. Ukraine hopes to persuade nations by pointing to the devastating effect of Russia's war of the grain exports many countries depend on.

Persons: Kremlin wasn't, Moscow —, Stefan Wolf Organizations: Kremlin, Moscow Times, Service, Birmingham University Locations: Ukraine, Saudi Arabia, China, Kyiv, Wall, Silicon, Russia, Jeddah, Beijing, Moscow, Russian, West, Brazil, India, South Africa, Denmark

"It is not going to be easy for them (Russia)," said one industry executive with knowledge of grains exports. Last year, Russia exported a record volume of wheat on ships chartered from international companies and traders. "Most of what is coming out is dealt with by Russian traders using (shadow) fleet ships, which international traders would not touch". The Black Sea remains a critical area for Russian exports, with other locations more complicated and costly. Russia's Black Sea terminals handle about 70% of the country's grain exports.

Persons: Vladimir Putin, Eduard Zernin, Zernin, Cargill, Louis Dreyfus, Viterra, Dreyfus, Bunge, Denmark's, Mike Salthouse, Rosagroleasing, Victoria Mitchell, Jonathan Saul, Nigel Hunt, Polina Devitt, Gus Trompiz, Frank Jack Daniel Our Organizations: General's, REUTERS, Russia's, Grain, Reuters, International Grains Council, Russian, Control, Thomson Locations: Russian, Odesa, Ukraine, Russia Russia, Moscow, Africa, Novorossiysk, Russia's Union, Russia, Turkey, China, Denmark's NORDEN, Bulgaria, Romania, United States, Europe, Taman, Russia's, ., London, Paris

☆ Russia's tough defenses are getting a boost from regrowing plants that hide them from Ukraine's soldiers, UK intel says
▼ + stars: | 2023-08-03 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Russia's strong defensive lines in Ukraine are getting some help thanks to regrowing weeds. British intelligence said the regrowth of weeds and shrubs are providing extra cover for troops. It "helps camouflage Russian defensive positions and makes mine fields harder to clear," UK intel said. Russia's tough defenses along a 600-mile front line include mazes of extensive trenches, barbed wire, land mines, and anti-tank ditches. Retired Australian general Mick Ryan recently described the defensive lines that Russia had built in Ukraine as "much more complex and deadly than anything experienced by any military in nearly 80 years."

Persons: Ukraine's, Volodymyr Zelenskyy, Mick Ryan Organizations: intel, Service, UK's Ministry of Defense Locations: Ukraine, Wall, Silicon, Russia, Australian

☆ Why Russia's defenses are so effective: Deep minefields, adaptable drones, and electronic warfare are proving formidable in Ukraine, experts say.
▼ + stars: | 2023-08-02 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +7 min

Russia's defenses are proving effective in frustrating the Ukrainian counteroffensive. Its use of mines, adaptable drones, and electronic warfare are particularly formidable, experts said. He said there were often more than four rows of minefields in front of the Russian defensive lines. A retired Australian general Mick Ryan appears to agree with Lewis, telling The Economist on Monday that Russia's defensive lines are "much more complex and deadly than anything experienced by any military in nearly 80 years." Justin Bronk, a senior research fellow with RUSI, told Newsweek that Ukraine's "Beaver" drones appear to be vulnerable to Russia's electronic defense systems.

Persons: Oleksandr Tarnavskyi, Maxar David Lewis, Mick Ryan, Lewis, it's, Steve Wright, Wright, ALEXANDER NEMENOV, Justin Bronk, RUSI, Russia doesn't, Mark Milley, Birmingham's Jaroslava Barbieri Organizations: Service, BBC, Royal United Services Institute, Storm, Ukrainian, Police, Moscow International Business, Getty Images, Newsweek, Moscow Sunday, Reuters, Associated Press, University, Birmingham's, Ukraine's Ministry of Defense Locations: Russia, Wall, Silicon, Ukraine, Russian, Kherson, Dnipro, Russia's, Australian, RUSI, AFP, Ukrainian, Kyiv

☆ Putin can't fire his inept defense minister after the Wagner uprising, so he sent Sergei Shoigu to 'break bread and glad hand' in North Korea instead, expert says
▼ + stars: | 2023-07-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Russian Defense Minister Sergei Shoigu met with Kim Jong Un in North Korea this week. North Korea commemorates the national holiday as "Victory Day," even though the conflict ended in a stalemate. Still, the Russian visit to North Korea was an important one. North Korea is one of the few countries to publicly back Russia in the war in Ukraine. The country has denied engaging in arms transactions with Russia, but the White House said North Korea shipped weapons, including rockets and missiles, to Russia in November.

Persons: Sergei Shoigu, Kim Jong Un, Putin, Shoigu, Russia's, Vladimir Putin's, Simon Miles, Miles, Yevgeny Prigozhin, castigating Shoigu, Valery Gerasimov, Wagner, Prigozhin, Jong, —, He's, White Organizations: Russian, Russia, Service, North, Duke University's Sanford School of Public, Soviet Union, Wagner Group, Jong Un, North Korean, Reuters Locations: North Korea, Wall, Silicon, Ukraine, Russian, Soviet, Russia, Belarus

☆ Putin is trying to flex his influence in Africa, but countries are giving him the cold shoulder
▼ + stars: | 2023-07-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Putin is hosting a critical summit with African leaders this week in St. Petersburg, Russia. But only a handful of attending nations are sending their heads of state or leaders. Isolated by the war in Ukraine, Putin seeks to grow influence and support on the African continent. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. On Thursday, Putin will meet with 49 representatives from African nations at the second Russia-Africa summit.

Persons: Putin, Vladimir Putin's, Yuri Ushakov, Dmitry Peskov Organizations: Service, Moscow Times, Reuters, Ukraine, Wagner Group, Central African, Wall Street Journal, Foreign Relations Locations: St . Petersburg, Russia, Ukraine, Wall, Silicon, Africa, Egypt, South Africa, Uganda, Libya, Mali, Sudan, Central African Republic

☆ 'Unusual' numbers of a massive Russian missile built to sink aircraft carriers are hammering a port city in southern Ukraine, intelligence says
▼ + stars: | 2023-07-25 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +7 min

Russia is launching "unusual" numbers of carrier killer missiles, among others, at urban areas in southern Ukraine. The Kh-22 missile is inaccurate when used this way and exceptionally dangerous. The Tupelov Tu-22M supersonic bomber can carry up to three Kh-22 missiles, an anti-ship weapon that Russia has been using against Ukraine's urban areas. An aerial view of the damaged building after Russian missile attacks in Odessa, Ukraine on July 25, 2023. In an aerial view, the Transfiguration Cathedral heavily damaged by Russian missile on July 23, 2023 in Odesa, Ukraine.

Persons: Ercin, Zelenskyy, Yan Dobronosov, Viacheslav Onyshchenko, Yuriy Ihnat Organizations: Service, NATO, AS, Russian Defence Ministry, UNESCO, Heritage, Anadolu Agency, Getty, Russian, Workers, Command, Onyx, The New York Times, Intelligence Locations: Russia, Ukraine, Odesa, Wall, Silicon, Odessa, Odessa ., Russian, Dnipro, Ukrainian, Kremenchuk

☆ Russia says it thwarts Ukrainian drone attack on Moscow
▼ + stars: | 2023-07-24 | by ( ) www.reuters.com time to read: +2 min

July 24 (Reuters) - Two Ukraine-launched drones attacked Moscow early on Monday, but were intercepted and destroyed, Russia's defence ministry said. State news agencies reported that drone fragments were found 2 kilometres (1.2 miles) away from the ministry's buildings. Calling it a "terrorist attack," the defence ministry said on its Telegram messaging app that there were no casualties in the attack. Neither the defence ministry nor the mayor said where the drones were intercepted. Russia's defence ministry television channel Zvezda published a short video on its Telegram channel showing a high-rise building with missing windows on top floors and damaged structure.

Persons: Sergei Sobyanin, Lidia Kelly, Kim Coghill, Simon Cameron, Moore Organizations: Zvezda, Russian Telegram, Thomson Locations: Ukraine, Moscow, State, Moscow's, Russia's, Kyiv, Russia, Melbourne

☆ To help end the war in Ukraine, seize Russia's state assets and use them for reparations
▼ + stars: | 2023-07-24 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +9 min

To end the war, some argue that Ukraine must make difficult territorial concessions to Russia. People in the United States, after all, do not vote for the president of Russia. The Biden administration has already authorized millions of dollars worth of assets from Russian oligarchs to be transferred to Ukraine. But it has refrained from touching Russia's Central Bank foreign currency reserves, which are estimated to be about $38 billion in the United States alone (and $215 billion in the European Union). As Financial Times economic commentator Martin Sandbu wrote last month, seizing state assets for reparations is an unproven legal strategy.

Persons: Cornel, Vivek Ramaswamy, Donald Trump, Ron DeSantis, Robert F, Kennedy Jr, there's, —, Vermont Sen, Bernie Sanders, Sanders, what's, Lawrence Summers, Robert Zoellick, Philip Zelikow, Biden, Martin Sandbu Organizations: Service, Harvard, Princeton, CNN, White, NATO, Russia, Ukraine, Republican, Florida Gov, Vermont, New Lines Institute, UN, Assembly, Kremlin, Bank, Central Bank, European Union, Financial Locations: Ukraine, Russia, Wall, Silicon, Washington, United, United States, Florida, America, Russian, West, Iraq, Washington ,, Mariupol

☆ Russia is trying to keep its army going by raising the age for military call-ups by 5 years, with some reservists able to be mobilized at 70
▼ + stars: | 2023-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

Russia increased its military call-up age for men who completed compulsory service by five years. It also increased the age limit for its mobilized reserves, with some 70-year-olds able to be called up. It also introduced a higher age limit for those in Russia's mobilized reserve. These are men who signed up to receive occasional military training and a stipend when their military service ends, according to Reuters. Some reservists called up to fight in September's mobilization were trained, sent to Ukraine, and killed in the span of just a month.

Persons: Vladimir Putin Organizations: Service, Reuters Locations: Russia, Ukraine, Wall, Silicon, Russia's

☆ Putin wanted his own version of NATO. Instead he has a failing alliance that has only made him look weaker since the invasion of Ukraine.
▼ + stars: | 2023-07-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +14 min

Putin wanted his own version of NATOPutin has long viewed NATO as a threat to Russia, even citing it as an excuse for his invasion of Ukraine. Russian President Vladimir Putin. He also said that CSTO members states' desires for closer ties with the US weren't new. Russian President Vladimir Putin in Armenia in November 2022. Graham also said the invasion of Ukraine meant Putin is less and less able to deal with CSTO members' complaints.

Persons: it's, Putin, Vladimir Putin, Thomas Graham, NATO Putin, Alexander Cooley, Cooley, Armenia's, Nikol Pashinyan, KAREN MINASYAN, Putin's, isn't Putin, Ilya PITALEV, ILYA PITALEV, Getty Images Graham, Russia's, ANATOLII STEPANOV, you've, Graham, CSTO, Sadyr Japarov, Stanislav Zas, Alexander Lukashenko, Kassym, Tokayev, AP Cooley, – Putin, Vladimir Voronin, Nikol, They've, Hayk Organizations: NATO, Service, Soviet Union, Security, Organization, Yale, Columbia University, REUTERS, Getty Images, SPUTNIK, AFP, CSTO, Kazakh, Russian Defense Ministry Press Service, AP, Collective Security, Vladimir Voronin NATO, Putin, Russian Foreign Ministry Press Service, UN, US, EU, Armenian Locations: Russia, Russian, Ukraine, Wall, Silicon, Soviet, East, Armenia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan, Azerbaijan, Georgia, Uzbekistan, The Hague, Netherlands, Yerevan, AFP, Soviet Union, Moscow, Asia, Ukrainian, Oskol, Ukraine's Kharkiv, NATO, USSR, Dushanbe, tatters, Photolure, China, Turkey, United States

☆ Russia's massive exploding tank bombs make a big boom but don't do much damage, UK intel says
▼ + stars: | 2023-07-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia is filling armored vehicles with explosives and directing them at Ukraine's troops, the UK MOD said. The MOD said there was a good chance Chechen forces were pioneering the use of the tactic. According to the UK MOD, most uses of this tactic have been recorded near Marinka, a city in eastern Ukraine that has been obliterated in the fighting. "There is a realistic possibility that Chechen forces are pioneering the tactic," the MOD said. Chechen forces have mostly been operating outside of Russia's military command during the conflict, but recently signed contracts with Russia's defense ministry to be brought under the ministry's control.

Persons: hasn't, Romanov_92, Mark Hertling, Sam Fellman Organizations: MOD, Service, UK Ministry of Defence, Twitter, Chechen Locations: Russia, Wall, Silicon, Ukrainian, Marinka, Ukraine

☆ Putin reassures Asian allies of Russia's stability after mutiny
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +3 min

[1/2] Russian President Vladimir Putin attends a summit of leaders of the Shanghai Cooperation Organisation (SCO) via a video conference call at the Kremlin in Moscow, Russia, July 4, 2023. Sputnik/Alexander Kazakov/Kremlin via REUTERSMOSCOW, July 4 (Reuters) - President Vladimir Putin reassured Asian leaders of Russia's stability and unity on Tuesday in his first appearance at an international forum since the country was rocked by a brief armed mutiny last month. "The Russian people are consolidated as never before," Putin told a virtual meeting of the Shanghai Cooperation Organisation (SCO), a group that also includes China and India. Putin told the group there was a growing risk of a new global economic and financial crisis fuelled by developed countries' debts and worsening food and environmental security. Reporting by Reuters, writing by Mark Trevelyan Editing by Andrew Osborn and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Alexander Kazakov, Putin, Wagner, Yevgeny Prigozhin, Alexander Lukashenko, Mark Trevelyan, Andrew Osborn, Raju Gopalakrishnan Organizations: Shanghai Cooperation Organisation, Kremlin, Sputnik, REUTERS, Fatherland, Moscow, Belarus, SCO, Reuters, Thomson Locations: Moscow, Russia, Kremlin, REUTERS MOSCOW, China, India, Russian, Ukraine, Iran, United States

☆ Ukraine's Zelenskiy says 'serious threat' remains at Zaporizhzhia nuclear plant
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +2 min

KYIV, July 1 (Reuters) - Ukrainian President Volodymyr Zelenskiy warned on Saturday that a "serious threat" remained at the Russian-occupied Zaporizhzhia nuclear power plant and said Russia was "technically ready" to provoke a localized explosion at the facility. Zelenskiy cited Ukrainian intelligence as the source of his information. Zelenskiy called for greater international attention to the situation at the facility in southeastern Ukraine, which is Europe's largest nuclear plant. The Zaporizhzhia nuclear plant, located near the city of Enerhodar in southern Ukraine, has been occupied by Russia since early March last year, shortly after Moscow's invasion. Russia has previously denied Kyiv's accusations that Russia was preparing an explosion at the plant.

Persons: Volodymyr Zelenskiy, Zelenskiy, Pedro Sanchez, Sanchez, Olena Harmash, Tom Balmforth, David Holmes Organizations: Spanish, Ukraine, Thomson Locations: Russian, Russia, Kyiv, Ukraine, Spain, Enerhodar, Moscow, Soviet Union, Europe

☆ Serious threat remains at Ukraine nuclear plant, Zelenskiy says
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +3 min

[1/2] Rescuers and police officers attend an anti-radiation drill in case of an emergency situation at the Zaporizhzhia Nuclear Power Plant, in Zaporizhzhia, Ukraine June 29, 2023. REUTERS/Stringer/File PhotoKYIV, July 1 (Reuters) - Ukrainian President Volodymyr Zelenskiy warned on Saturday that a "serious threat" remained at the Russian-occupied Zaporizhzhia nuclear power plant and said Russia was "technically ready" to provoke a localized explosion at the facility. Zelenskiy called for greater international attention to the Zaporizhzhia plant, Europe's largest civil nuclear facility, and urged sanctions on Russia's state nuclear company Rosatom. Energoatom, Ukraine's nuclear power authority, said on Friday it had conducted two days of exercises simulating the effects of an attack on the Zaporizhzhia plant. Ukraine, then part of the Soviet Union, suffered the world's worst nuclear accident in 1986, when clouds of radioactive material spread across much of Europe after an explosion and fire at the Chornobyl nuclear power plant.

Persons: Stringer, Volodymyr Zelenskiy, Zelenskiy, Pedro Sanchez, Russia's Wagner, Yevgeny Prigozhin, U.N, Vassily Nebenzia, Sanchez, Olena Harmash, Tom Balmforth, David Holmes, Ron Popeski, David Gregorio Our Organizations: REUTERS, Spanish, Thomson Locations: Zaporizhzhia, Ukraine, Russian, Russia, Rivne, Belarus, Spain, Enerhodar, Soviet Union, Europe

☆ What next for Wagner? Russia’s Putin battles to regain control after short-lived revolt
▼ + stars: | 2023-06-30 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Members of Wagner group looks from a military vehicle in Rostov-on-Don late on June 24, 2023. It marked what many regard as the greatest challenge to Russian President Vladimir Putin's authority in his more than two decades in power. Russian President Vladimir Putin meets with servicemen at the Kremlin in Moscow on June 27, 2023. At best, Granville said the Wagner Group was likely to be "a shadow of its former self" in Ukraine following the revolt. Russia's political crisisRussian Foreign Minister Sergey Lavrov on Friday dismissed questions about a political crisis.

Persons: Wagner, Roman Romokhov, Vladimir Putin's, Yevgeny Prigozhin, Vladimir Putin, Mikhail Tereshchenko, nationalize Wagner, Putin, Wagner Group's Prigiozhin, Alexander Lukashenko, that's, Pat Ryder, Faustin, BARBARA DEBOUT, Ryder, It's, Christopher Granville, Granville, Sergey Lavrov, Lavrov, Sergei Surovikin, Surovikin Organizations: AFP, Getty, Wagner Group, Kremlin, Russian Ministry of Defense's, Wagner, Russian Armed Forces, Belarusian, Analysts, CNBC, Pentagon, Central African, TS Lombard, Reuters, Associated Press Locations: Rostov, Ukraine, Moscow, Europe, U.S, Russia, Asipovichy, Belarus, Belarusian, Africa, Syria, BANGUI, Central African Republic, Bangui, France, AFP, Russian

☆ Take Five: Summer strife
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +5 min

1/ TIME FOR SOME NON-FARMInvestors betting on resiliency of the U.S. economy have found solace in the solid labor market. Economists polled by Reuters expect 200,000 new jobs were created in June, a slowdown from recent monthly growth. The jobs report comes after the Federal Reserve skipped raising rates in June after lifting them at 10 straight meetings. No doubt central banks have had some success in quelling inflation with rate rises. Still with the inflation fight far from over, expect companies to now face greater scrutiny from policymakers and consumers alike.

Persons: Lewis Krauskopf, Kevin Buckland, Naomi Rovnick, Amanda Cooper, Karin Strohecker, Jerome Powell, Tuesday's, Wagner, Vladimir Putin's, Dhara Organizations: Reuters, Federal Reserve, CHINA BLUES, Societe Generale, The Reserve Bank of Australia, Aussie, Reuters Graphics Reuters, IMF, Thomson Locations: United States, China, Japan, Lewis, New York, Tokyo, London, U.S, Beijing, Ukraine, Russia

☆ Watch Putin draw a weird face on a smart board as Russia tries to act like everything is normal after Wagner went rogue
▼ + stars: | 2023-06-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Putin made two public appearances this week just days after the Wagner Group staged a revolt. Military experts told Insider that the Wagner coup could very well be the beginning of the end for Putin's multi-decade reign. On Thursday, the Russian president attended the Agency for Strategic Initiatives forum, where he toured an exhibition of award-winning concepts for new national brands that can substitute Western products, according to Russian state media agency Tass. In a Telegram post, Russian state news agency TASS shared video of Putin interacting with the NexTouch interactive touch screen. The Thursday appearance came one day after Russian state television broadcast Putin meeting "hundreds of people" in Derbent, Dagestan.

Persons: Putin, Wagner, —, Yevgeny Prigozhin, Prigozhin, doodled, Putin's Organizations: Wagner Group, Service, Kremlin, Prigozhin, Agency for Strategic Initiatives, TASS, Putin Locations: Russian, Ukraine, Moscow, Belarus, Derbent, Dagestan

☆ What could break as interest rates rise?
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +5 min

Sweden, where rates rose again on Thursday, is one to watch with most homeowners' mortgages moving in lockstep with rates. Reuters Graphics2/ REAL ESTATE: PART 2Having taken advantage of the low rates era to borrow aplenty and buy up property assets, the commercial real estate sector is grappling with higher debt refinancing costs as rates rise. "The single most important thing is interest rates. But not just interest rates; what it is equally important is the predictability of rates," said Thomas Mundy, EMEA head of capital markets strategy at real estate firm JLL. "If we were settled on an interest rate, real estate prices could adjust.

Persons: Richard Portes, Thomas Mundy, Banks, Florian, Ielpo, Jerome Powell, Markus Allenspach, Julius Baer, Nick Kraemer, Wagner, Vladimir Putin's, Putin, Tina Fordham, Chiara Elisei, Naomi Rovnick, Nell Mackenzie, Karin Strohecker, Vincent Flasseur, Kripa Jayaram, Sumanta Sen, Pasit, Dhara Ranasinghe, Alison Williams Organizations: International Monetary Fund, Reuters, Federal, Finance, London Business School, Lombard, Federal Reserve, Casino, Sweden's SBB, Fordham Global Foresight, Thomson Locations: Britain, Norway, Russia, Sweden, lockstep, London's, City, RUSSIA, Ukraine

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