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AdvertisementOfficials in two Russian regions have said public bodies won't be holding New Year's parties this year. The regions said that they're planning to redirect funds to the war in Ukraine instead, per reports. The governments of several Russian regions have decided not to hold New Year's parties, with many proposing to allocate savings to funding the war in Ukraine, according to multiple reports. The Buryatia region's Telegram account proposed using the saved funds for those participating in the war, and encouraged others to do the same. There are signs that Russia's public sector is under strain, with large layoffs planned in 2025.
Persons: Leningrad's, Vladimir Putin Organizations: New, Moscow Times, Telegraph, Church, Russian Kommersant, Atlantic Council Locations: Ukraine, Russia, Buryatia, Sakha, Ulan, Ude, Russia's, Tomsk, Saint Petersburg, Yaroslavl, Nizhny Novgorod, Russian
Ukraine's big move this year was to invade Russia's Kursk region, hoping to divert Russia's main invasion. While it took ground in Kursk, Russia was also able to keep up its advance into eastern Ukraine. Russia is now amassing troops in Kursk, hoping to retake it without having compromised its main invasion. AdvertisementWhen Ukraine began its audacious incursion into Russia's Kursk region in August, it hoped to force a choice. That force amassed even as Russia kept up a steady advance on the main front line in eastern Ukraine.
Persons: , Vladimir Putin's, Volodymyr Zelenskyy, Putin, Andrii Kovalenko Organizations: Service, The New York Times, Moscow Times, Ukraine's Center, North Korean Locations: Russia's Kursk, Kursk, Russia, Ukraine, North Korea, Ukrainian, Ukraine's, The
Kremlin officials and allies welcomed Donald Trump's 2024 election win. AdvertisementKremlin officials and allies celebrated as Donald Trump closed in on victory in the 2024 election. Meanwhile, Kirill Dmitriev, the head of Russia's sovereign wealth fund, said a Trump victory could help improve Russia's relationship with the US. Despite the understated response from the Kremlin, there are indications that the Russian leadership has long favored a Trump victory in the election. There's reason to be waryThe reaction to Trump's victory from Russian state TV host and Kremlin propagandist Olga Skabeyeva was openly celebratory.
Persons: Donald Trump's, Dmitry Medvedev, Trump, , Donald Trump, Medvedev, Putin, Kirill Dmitriev, Biden, Goldman Sachs, Volodymyr Zelenskyy, Dmitry Peskov, Vladimir, Peskov, Kamala Harris, Trump's, Vladimir Putin, he's, JD Vance, Maria Zakharova, Olga Skabeyeva, Putin wasn't, Barack Obama Organizations: Service, Ukraine, Trump, Reuters, Republican, Democratic, Russian Direct Investment Fund, RDIF, Moscow Times, Fox News, Kremlin, Washington Post Locations: Russian, Ukraine, Moscow, Russia, United States, Washington, DC
Russia's weak response in Kursk shows Putin's leadership still has a major flawRussia's response was slow, allowing Ukraine to take territory, and it hasn't put a general in charge. Putin doesn't want a situation where "any general could claim credit for being the victor," an expert told BI. AdvertisementRussia's weak response to Ukraine's assault into Russian territory is partly due to a persistent flaw in Russian President Vladimir Putin's leadership, a warfare expert told Business Insider. Weeks after the start of the full-scale invasion, Russia put Gen. Aleksandr V. Dvornikov in charge of operations in Ukraine. Destroyed Russian military vehicles on the outskirts of Sudzha, in the Kursk region, in August.
Persons: hasn't, Putin, , Vladimir Putin's, Michael Bohnert, Vladimir Putin, Bohnert, GRIGOROV, Weeks, Aleksandr V, KIRILL CHUBOTIN, Simon Sebag Montefiore, George Barros, Sergei Shoigu Organizations: Service, RAND Corporation, Getty, New York Times, UK Ministry of Defense, Russian, Moscow Times, Publishing, Institute for, Newsweek Locations: Kursk, Ukraine, Russia's Kursk, Russia, Moscow, Kremlin, Russian, Sudzha
He was raised by émigré Soviet parents in New Jersey but returned to work in their native land, only to be trapped in the repressive machinery that they had sought to escape. The parents of Evan Gershkovich, The Wall Street Journal reporter released on Thursday in a far-reaching prisoner exchange with Russia, left the Soviet Union separately in 1979, fleeing antisemitism and a lack of opportunity. Mikhail Gershkovich and Ella Milman met and married in the United States, where they raised Evan and his older sister, Danielle, with a foot in both cultures, teaching them fluent Russian. In 2017, the younger Mr. Gershkovich moved to Moscow to work for The Moscow Times, a local English-language daily, and worked his way through various news agencies until he joined The Journal as a reporter in January 2022. He was fulfilling his dream of becoming a foreign correspondent, but he ended up spending his 32nd birthday in Lefortovo, a notorious Moscow prison.
Persons: Evan Gershkovich, Mikhail Gershkovich, Ella Milman, Evan, Danielle, Gershkovich Organizations: Street, Moscow Times Locations: Soviet, New Jersey, Russia, Soviet Union, United States, Moscow, Lefortovo
Russia is spending over twice as much on expanding its cemeteries than in 2020, according to the Moscow Times. Thousands of Russian soldiers have died in Ukraine, in part due to mass deployment and attrition. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia more than doubled spending on cemetery expansion projects during the first two years of its full-scale invasion of Ukraine compared to the two years preceding it, according to The Moscow Times. It reported that Russian regions spent over $2.5 million on cemetery expansion in 2023, and around $1.3 million in 2022, for a total of about $3.8 million.
Persons: Organizations: Moscow Times, Service, Business Locations: Russia, Ukraine
Russia's FSB said it thwarted a Ukrainian attempt to hijack a missile-carrying strategic bomber. It also claimed NATO special services were involved in the failed operation. AdvertisementRussia's Federal Security Service said it thwarted a Ukrainian attempt to hijack a missile-carrying strategic bomber. "The FSB has stopped another Ukrainian special services attempt to carry out an operation to hijack the Tu-22M3 long-range strategic bomber," it said in a statement on Monday, per a translation by The Moscow Times. According to the FSB, Ukrainian intelligence promised an unnamed Russian military pilot money and Italian citizenship in exchange for him taking off and landing the plane in Ukraine.
Persons: Organizations: NATO, Service, Security Service, Moscow Times, Business Locations: Ukraine, Russian
Russian soldier Dmitry Lobovikov killed seven soldiers with a grenade while drunk. He was found guilty of murder at a Russian court on Wednesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Russian soldier was sentenced to 23 years in prison after killing seven of his soldiers with a grenade, Russian state news agency TASS reported. This story is available exclusively to Business Insider subscribers.
Persons: Dmitry Lobovikov, Lobovikov, Organizations: Service, Moscow Times, Novaya Gazeta Europe, Business Locations: Belgorod
Russian President Vladimir Putin has started wearing body armor when out at outdoor public events. Officials told The Moscow Times that Putin's security team had recommended the measure. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian leader Vladimir Putin has started wearing body armor at outdoor public events, The Moscow Times reported on Tuesday, citing officials who had seen Putin at these events. "This year on May 9, the chief was clearly wearing concealed body armor during the parade," an official said of Putin's appearance at this year's Moscow Victory Day parade.
Persons: Vladimir Putin, , Putin Organizations: Moscow Times, Service, Business
A Russian military planner said he doesn't sleep well after sending troops to almost certain death. "I can't tell the men, otherwise they wouldn't fight with the hope of winning," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Russian soldier who plans offensives as part of the invasion of Ukraine said he finds it difficult sending men into situations where he knows they will probably die. This story is available exclusively to Business Insider subscribers.
Persons: , Pavel Organizations: Service, Moscow Times, Business Locations: Russian, Russia, Ukraine
Read previewRussian President Vladimir Putin is targeting a strategic Swedish island that offers mastery over the Baltic Sea, the commander-in-chief of Sweden's army warned this week. Putin's goal is to gain control of the Baltic Sea," Micael Bydén told German news outlets, according to Politico's translation of his remarks. Sweden joined NATO in early March, and the alliance is now the dominant force in the Baltic Sea, thanks in large part to its control of Gotland. Advertisement"If Russia takes control and seals off the Baltic Sea, it would have an enormous impact on our lives — in Sweden and all other countries bordering the Baltic Sea," Bydén said. Swedish military officials watch a Swedish C-130H take off from a non-traditional runway on Gotland Island on October 23, 2021.
Persons: , Vladimir Putin, Putin, Micael Bydén, Bydén, Patrik Orcutt, Ulf Kristersson Organizations: Service, Business, NATO, Nordic, Russia's Ministry of Defence, Moscow Times, US Army, Politico, Sweden's, Financial Times, Gotland Regiment, US Locations: Swedish, Baltic, Gotland, Putin's, Sweden, Russian, Kaliningrad, It's, Rhode, Russia, Bydén, Moscow, Lithuania, Finland, Latvia, Ukraine
Ukraine attacked an oil refinery in Russia's Kaluga region in the early hours of Friday, setting the facility on fire, according to Russian media reports. Several explosions were heard in the Dzerzhinsky district of the Kaluga region, which borders the broader Moscow region, The Moscow Times reported, citing Russian Telegram channel SHOT. CNBC could not independently verify the reports. Vladislav Shapsha, governor of the Kaluga region, said in a Google-translated post via Telegram that the fire was promptly extinguished, and the extent of the damage was still being assessed. He did not say at what facility the incident took place.
Persons: Vladislav Shapsha Organizations: Moscow Times, Russian Telegram, CNBC Locations: Ukraine, Russia's Kaluga, Dzerzhinsky, Kaluga, Moscow
Russian central bank governor Elvira Nabiullina has played a key role in stabilizing Russia's sanctions-hit economy. It's also aimed at the woman behind him: Elvira Nabiullina, the country's central bank governor, who plays a chief role in keeping Russia's wartime economy ticking. At the time, she was the first woman to lead a Group of Eight, or G8, central bank. In 2015, Euromoney, a finance trade publication, named Nabiullina Central Bank Governor of the Year. In December, she issued a warning that Russia's economy was at risk of overheating.
Persons: Elvira Nabiullina, , Putin, It's, Nabiullina, Daniel McDowell, McDowell, wined, Christine Lagarde, Nabiullina —, Richard Portes, Portes —, Portes, Anders Åslund, Åslund, Leo Tolstoy, Fyodor Dostoevsky, Franz Kafka, Yaroslav Kuzminov, Kuzminov, Nabiullina's, Alan Harvey, Herman Gref —, Central Bank Governor Elvira Nabiullina, Maxim Shemetov, Michel Camdessus, she's, isn't, Sergei Aleksashenko, Alexei Makarkin, Vladimir Pesnya, Nabiulina, let's Organizations: Ukraine, Service, Russian, KGB, Syracuse University, Kremlin, International Monetary Fund, US, London Business School, Moscow Times, Bloomberg, Higher School of Economics, , Moscow State University, SNS, USSR, Industrial Union Board, Gref, Central Bank Governor, Nabiullina Central Bank Governor, Banker, Central Banker, IMF, Monetary Fund, Financial Times, Government, Political Technologies, Wall Street Journal, RBC, Politico Europe Locations: Russian, Ukraine, Russia, Brussels, Nabiullina, Swedish, Moscow, Ufa, Central Russia, Tatars, Crimea, Euromoney, Europe, steadying
For Evan Gershkovich, the dozen appearances in Moscow's courts over the past year have fallen into a pattern. Guards take the American journalist from the notorious Lefortovo Prison in a van for the short drive to the courthouse. The periodic court hearings give Gershkovich’s family, friends and U.S. officials a glimpse of him, and for the 32-year-old journalist, it’s a break from his otherwise largely monotonous prison routine. Friends and family say Gershkovich is relying on his sense of humor to get through the days. Every day, Milman said, “I wake up and look at the clock.”“I think about if his lunchtime has passed, and his bedtime," she said.
Persons: Evan Gershkovich, He’s, Gershkovich, it’s, “ It’s, , Ella Milman, Milman, Nicholas Daniloff, Emma Tucker, ” Milman, Evan, Francesca Ebel, Josef Stalin's, he’s, Polina Ivanova, He's, Pjotr Sauer, ” Sauer, Mikhail Gershkovich, doesn't, , Biden, Lynne Tracy, Gershkovich “, Vladimir Putin, Vadim Krasikov, ” Ebel, Journal's Tucker, I’m, Tracy Organizations: Wall, Journal, Federal Security Service, U.S, Associated Press, Russian Foreign Ministry, Moscow Times, Washington Post, Financial Times, Arsenal, British, Guardian, West Locations: Lefortovo, Yekaterinburg, Washington, Russia, Ukraine, , New Jersey, Moscow, Russian, Germany, Berlin, Georgian
Russia says suspects in the Moscow terror attack came from Tajikistan, something the country denies. Tajikistan and Russia are allies, but tensions have been growing between them. AdvertisementRussia's response to the weekend terror attack in Moscow could drive a wedge between the country and one of its historic allies. Experts also said that ISIS likely took advantage of Russia being distracted by the conflict in Ukraine to attack. Meanwhile, Ukrainian President Volodymyr Zelenskyy suggested that Russia could have stopped the attack if it wasn't attacking Ukraine.
Persons: , Vladimir Putin, STRINGER, Emomali Rahmon, Putin, Rahmon, scold Putin, Vera Mironova, Volodymyr Zelenskyy Organizations: Service, Crocus City Hall, Islamic, Security, Organization, NATO, Hall, Getty, Moscow Times, Terrorists, Regional, Collective Security, ISIS, Kyiv, Davis Center, Harvard University, Financial Locations: Russia, Moscow, Tajikistan, Soviet, Crocus, Islamic State, Central Asia, Soviet Union, Moscow's Crocus, China, North Korea, Ukraine
Russian President Vladimir Putin was upbeat after winning a fifth term in power in Russia's presidential election over the weekend. He chose the moment to make his first public remarks on the death of his political nemesis, Russian opposition leader Alexei Navalny, mentioning his name for the first time in years. Navalny's family and supporters accused Putin of ordering Navalny's death. He also used the moment to make his first public comments on Navalny's death, and mentioning his most vocal critic's name for the first time in public in years. Putin won Russian presidential election with 87.97% of the vote, first official results showed Anadolu | Anadolu | Getty Images
Persons: Vladimir Putin, Alexei Navalny, Putin, Natalia Kolesnikova, , Laudator Ursula von der Leyen, Bambi, NBC's Keir Simmons, Navalny, Mr Navalny, Navalny's, Maria Pevchikh, airbrushing Organizations: Afp, Getty, Navalny, European Commission, Bavaria Film Studios, NBC, Russian, Moscow Times, Putin's, Ukraine, Reuters, Commission, Anadolu Locations: Russia, Moscow, U.S
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInternational Women's Day on March 8 is a big deal in Russia. It's observed as a national holiday, on which workers get the day off work, TV stations highlight the achievements of Russian women, and Russian President Vladimir Putin makes an address. In this year's speech, Putin had a clear message about what a Russian woman's purpose in life should be: having kids. AdvertisementPutin said becoming a mother was an "amazing purpose for a woman," according to a translation by The Moscow Times.
Persons: , It's, Vladimir Putin, Putin Organizations: Service, Business, Moscow Times, Reuters Locations: Russia, Ukraine
Kremlin spokesperson Dmitry Peskov declared Russia's democracy "the best" in the world. Navalny died in prison, and Russian elections are widely regarded as anything but free and fair. AdvertisementRussia's democracy is the best in the world and it won't tolerate criticism of it, the Kremlin's top spokesperson said on Wednesday. "Our democracy is the best, and we will continue to build it," he said, per Ukrainska Pravda's translation. Russian presidential elections, set to begin in 10 days, are also widely regarded as a foregone conclusion.
Persons: Dmitry Peskov, Putin's, Alexey Navalny, Navalny, , Vladimir Putin, Boris Nadezhdin, Alexei Navalny, Associated Press Navalny, Roman Ivanov Organizations: Service, Moscow Times, Associated Press, Kremlin, Telegraph, Economist Intelligence Unit Locations: Moscow, Russia, , Nicaragua, Venezuela, Ukraine
Armenia, formally a key ally of Russia, has suspended its participation in a Russia-led international alliance, according to its prime minister, Nikol Pashinyan. The Collective Security Treaty Organization, or CSTO, is considered Russia's equivalent to NATO, and Russian President Vladimir Putin hoped it could rival the Western military alliance. But splinters have emerged in the group since Russia invaded Ukraine, and Armenia has repeatedly challenged its usefulness. Pashinyan has frequently expressed frustration with Russia and the CSTO in recent years, accusing the alliance of being ineffective and describing Armenia as no longer an ally of Russia. Frustrations with Russia have also risen among other CSTO members, experts told Business Insider last year.
Persons: Nikol, Vladimir Putin, Pashinyan, France24, Putin, snubs, Jaroslava Barbieri Organizations: NATO, Security, Organization, Moscow Times, Soviet Union, University of Birmingham Locations: Armenia, Russian, CSTO, Russia, Ukraine, Soviet, Azerbaijan, France, Eurasia, Nagorno, Karabakh, Iran, North Korea, China, tatters
The Kremlin may've fired the commander of it's Black Sea fleet. The Kremlin has fired the commander of its Black Sea Fleet as punishment for a series of humiliating losses to Ukraine, according to Russian war bloggers. It was the latest in a series of victories for Ukraine, which has a tiny navy, against Russia's much bigger Black Sea fleet. Ukraine's attacks have included strikes on Sevastopol, the base of Russia's Black Sea fleet. Sokolov had taken over as commander of the fleet in September 2022, replacing Admiral Igor Osipov, only months after Ukraine sank Russia's Black Sea flagship, "The Moskva."
Persons: Viktor Sokolov, Sergey Pinchuk, Caesar Kunikov, Nicholas Johnson, Sokolov, Sergei Markov, Igor Osipov Organizations: Ukraine, Analysts, RAND Corporation, Moscow Times, Kremlin, Business Locations: Ukraine, Russian, Russia, Sevastopol, Russia's
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. “In his courageous and too short life,” wrote Russia scholar Daniel Treisman, “Navalny became a symbol of hope for the younger generations of his compatriots. “He never gave up on the prospect of what he called ‘the beautiful Russia of the future,’” Treisman noted. “For a ‘beautiful Russia of the future’ to emerge in coming years, Putin must lose the war he started. Navalny understood this.”“Navalny’s death represents the extinguishing of all hope for Russia’s turnaround,” wrote Sasha Vasilyuk.
Persons: Aleksandr Solzhenitsyn, Joseph Stalin “, , , you’ve, Alexey Navalny, Vladimir Putin’s, Navalny, fearlessly, Putin, Daniel Treisman, “ Navalny, Navalny’s, ’ ” Treisman, Sasha Vasilyuk, Alexey Navalny’s, Peter Bergen, Andrei Sakharov, ” Putin, Bergen, Nick Anderson, Joe Biden, Donald Trump, Trump, authoritarians, Bill Bramhall, James Mattis, ” Peter Bergen, Frida Ghitis, Fidel Castro’s playbook, Patrick Mahomes, Andy “, Amy Bass, New York Democrat Tom Suozzi, George Santos, ” Suozzi, CNN Suozzi didn’t, Biden, isn’t, Long, Max Burns, ” “, Alejandro Mayorkas, ” “ Suozzi, Burns, Robert Hur’s, Norm Eisen, Richard Painter, Joshua Kolb, Hur, ” Joel Pett, Lawrence C, Levy, Julian Zelizer, Dean Obeidallah, Mark Dent, Dent, Saw, Clay Jones, David Orentlicher, ” Orentlicher, Will Cooper, Fani, Willis, Nathan, Wade, ” “ Willis, Antony Blinken, Batniji, Blinken, Fatah, Hussein, Don’t, David Horsey, Agency Jill Filipovic, Lynda Gorov, Taylor Swift, Jim Parrott, Mark Zandi, Brigid Schulte, Yuliya, Kara Alaimo, Frankie de la, Jackie Robinson’s, Jon Stewart’s, Jon Stewart, Matt Wilson, Jon Stewart skewered Trump, Bill Carter, Stewart, ” “ Stewart Organizations: CNN, IK, Moscow Times, Kremlin, Twitter, Facebook, Soviet, Tribune, Agency, Republican, Senate, Agency Former US Defense, Trump, , Kansas City Chiefs, Chiefs, nab, New, New York Democrat, Democratic, GOP, Joel Osteen’s Lakewood Church, Super Bowl, Kansas, West Bank Locations: Soviet, Germany, Ukraine, Russia, New York, Washington, Georgia, ,, York, Glen Cove, Joel Osteen’s, Houston, Kansas City, America, , Kansas, Gaza, San Francisco, Israel, Iran
A closer relationship with ChinaChina and Russia have deepened their military ties in recent years with the help of arms sales and joint military exercises. It has hosted Russian military drills, soldiers, and equipment, and enabled the transportation of Russian weapons close to Ukraine's borders. The situation is looking bleak for UkraineThe support from Russia's allies matters, especially when paired with the country's soaring defense budget. Its military appears to have a major edge over Ukraine as the country's financial and military support from its allies is faltering. Meanwhile, on Tuesday, the Senate passed a $95 billion emergency defense-aid bill that could support Ukraine, Israel, and Tawain — but the bill is expected to face stiff opposition by Republicans, BI previously reported.
Persons: , That's, Vladimir Putin, Mikhail Klimentyev, Nils Andreas Stensones, Stensones, Trump, Putin, YURI KADOBNOV, Patrick Bury Organizations: Ukraine, Service, Norway's Intelligence Service, Sputnik, Moscow Times, UN, North, European Council, Foreign Relations, UK's Ministry of Defence, Reuters, University of Bath, Putin, Trump, Republicans Locations: Russia, Ukraine, China, Belarus, Iran, North Korea, Europe, Ukrainian, China China, Japan, Russian, Ukraine's, Helsinki, Israel
President Vladimir Putin's latest financial disclosure has been released, declaring a modest set of assets that almost certainly does not reflect his true financial position. The disclosure is one of the formalities associated with registering as a presidential candidate, which Putin did on Monday, ahead of Russia's March 17 elections. According to the document, detailed by The Moscow Times, Putin's assets are largely unchanged compared to his last disclosure in 2018, and include:This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Vladimir Putin's, Putin Organizations: Moscow Times, Business
Wages in Russia are soaring thanks to the nation's war with Ukraine. AdvertisementA severe shortage of workers in Russia means the private sector is beefing up compensation to attract talent — and competing directly with the military for manpower. That puts Russia's military in a tough position competing with the private sector. Salaries for military servicemen rose 10.5% last summer, far short of the heftiest private sector pay increases. In its war effort, Russia mostly relies on volunteers to fight its war in Ukraine.
Persons: , That's Organizations: Bloomberg, Service, Engineers, Junior, UK Ministry of Defence, Defense Ministry, Moscow Times Locations: Russia, Ukraine, Moscow, Soviet
Read previewThe CIA released a new video appealing to disaffected Russians who might pass secrets on to the spy agency — a tactic it says is already bearing fruit. The tactic is working, a CIA spokesperson claimed. "We are seeing more outreach from Russians as a result of these videos," the unnamed spokesperson told NBC News. The CIA has a dedicated Russian-language channel to encourage informants, with 13,500 followers there — a minuscule fraction of the Russian population. AdvertisementThe CIA has argued that such tensions stemming from the war in Ukraine bring opportunity to encourage recruits.
Persons: , Boris Nadezhdin — Organizations: Service, CIA, Business, NBC, Moscow Times Locations: Russia, Ukraine, Soviet, Russian
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