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7 mentions found


☆ Wagner's failed rebellion could hit the Kremlin's ambitions for a 'pro-Russian state' in Africa
  + stars: | 2023-07-17 | by ( Elliot Smith | ) www.cnbc.com   time to read: +5 min
BANGUI, Central African Republic - March 23, 2023: Demonstrators carry banners in Bangui, on March 22, 2023 during a march in support of Russia's presence in the Central African Republic. Hundreds of Wagner troops were spotted last week departing from Bangui, the capital of Central African Republic (CAR), where the Kremlin-linked group has its largest and broadest overseas presence. It comes just weeks after Wagner boss Prigozhin embarked on an ill-fated rebellion in Russia, ordering his troops fighting in Ukraine to march toward Moscow. Sky News reported Friday that the Wagner personnel who left CAR had refused to sign new these contracts. "Russian instructors will continue to aid soldiers in the Central African armed forces to ensure security in anticipation of the constitutional referendum scheduled for July 30."
Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Alexander Lukashenko, Vladimir Putin, Alex Vines, Chris Weafer, Weafer, Chatham House's Vines, Faustin Organizations: Central African, Wagner, Central African Republic, Belorussian, Kremlin, Sky News, Officers, Union for International Security, Central, Africa, Chatham House, CNBC Locations: BANGUI, Central African Republic, Bangui, Moscow, Russia, Russia's, Ukraine, Africa, Central, Belarus, Russian, U.S, Chatham, CAR, Sudan, Libya, Mali, Mozambique, France
☆ Wagner's Prigozhin is in Russia, Belarus leader says, despite Putin deal to end mutiny
  + stars: | 2023-07-06 | by ( Elliot Smith | ) www.cnbc.com   time to read: +1 min
A screen grab captured from a video shows Wagner chief Yevgeny Prigozhin making a speech after Headquarters of the Southern Military District surrounded by fighters of the paramilitary Wagner group in Rostov-on-Don, Russia on June 24, 2023. (Photo by Wagner/Anadolu Agency via Getty Images)Wagner Group mercenary boss Yevgeny Prigozhin is currently in the Russian city of St. Petersburg, Belarusian leader Alexander Lukashenko told reporters Thursday, despite supposedly being exiled to Belarus. On June 27, Lukashenko apparently confirmed that Prigozhin had arrived in Belarus per the terms of a deal with the Kremlin that saw him avoid prosecution for leading Wagner in an aborted mutiny. Lukashenko did not confirm whether Prigozhin had actually been in Belarus since the coup, and his whereabouts have been somewhat of a mystery. The deal reportedly granted him exile in Belarus and immunity from prosecution.
Persons: Wagner, Yevgeny Prigozhin, Alexander Lukashenko, Lukashenko, Prigozhin, Chris Weafer Organizations: Southern Military, Anadolu Agency, Getty, Wagner Group, Kremlin, CNBC Locations: Rostov, Don, Russia, Russian, St . Petersburg, Belarusian, Belarus, Moscow, Ukraine
☆ There's blood in the water after Prigozhin's revolt shattered the façade of Putin's invincibility
  + stars: | 2023-06-29 | by ( Jason Corcoran | ) www.businessinsider.com   time to read: +13 min
It represented the most significant affront to President Vladimir Putin's 23-year reign. It has also fed paranoia and put a spotlight on Aleksey Dyumin, Putin's ex-bodyguard turned governor. A brief and ultimately aborted attempt at a coup d'état by Russian mercenary chief Yevgeny Prigozhin represented the most significant affront to President Vladimir Putin's 23-year reign. President Vladimir Putin (L) and Aleksey Dyumin, the governor of Tula and Putin's former personal bodyguard, in Moscow in 2016. Russian President Vladimir Putin (R) and Tula Governor Aleksey Dyumin visit Russian writer Lev Tolstoy's former home in 2016.
Persons: Yevgeny Prigozhin, Vladimir Putin's, Aleksey Dyumin, Putin's, —, Vladimir Putin —, Prigozhin, Vladimir Fesenko, trundling, Sergey Shoigu, Valery Gerasimov, There's Prigozhin, Wagner, Putin, Belarus —, defenestration, Dyumin, Shoigu, Vladimir Putin, Mikhail Svetlov, Igor Girkin, Alexander Lukashenko —, Dyumin's, Dmitry Peskov, Boris Yeltsin, Viktor Yanukoyvch, Girkin, Andrei Gurulyov, Russia's, Lev Tolstoy's, Tatiana Stanovaya, Alexandra Prokopenko, Prokopenko, Sergei Surovikin, Surovikin, Viktor Zolotov, Zolotov, Alexander Lukashenko, Chris Weafer Organizations: Service, Kremlin, Kommersant, Angry Patriots, Russia's First Channel, Prigozhin, Carnegie Russia Eurasia Center, Central Bank, Washington Post, New York Times, Defense Ministry, Moscow Times, National Guard, Ministry, Macro Locations: Russian, Russia, Rostov, Ukraine, Moscow, Voronezh, Lipetsk, St, Petersburg, Minsk, Belarus, Russia's Tula, Kremlin, Tula, Dyumin's Tula, St Petersburg, Prigozhin, Crimea, Berlin, Novosibirsk, Osipovichi, Africa, Syria
☆ Putin’s weaknesses laid bare after 24 hours of rebellion in Russia
  + stars: | 2023-06-26 | by ( Holly Ellyatt | ) www.cnbc.com   time to read: +3 min
Face masks depicting Russian President Vladimir Putin, right, and owner of private military company Wagner Group Yevgeny Prigozhin are displayed among others for sale at a souvenir shop in St. Petersburg, Russia, Sunday, June 4, 2023. With a so-called "24-hour coup" by Russia's mercenary boss Yevgeny Prigozhin ending in an anti-climactic pullback, Russian President Vladimir Putin was able to avoid a dramatic and bloody standoff with his one-time ally. Russia experts and political analysts characterized the uprising as "24 hours that shook the Kremlin" and the biggest challenge to Putin and the Russian elite in decades. Tensions came to a head several weeks ago when the defense ministry announced that all private military companies, including Wagner, would have to sign contracts. Putin endorsed the move but Prigozhin refused to sign — only to then lead his fighters in the ill-fated revolt last Friday.
Persons: Vladimir Putin, Wagner Group Yevgeny Prigozhin, Yevgeny Prigozhin, Putin, Hanna Liubakova, Prigozhin, Chris Weafer, Weafer, Sergei Shoigu, Valery Gerasimov, Wagner Organizations: Wagner Group, Wagner, Council's Eurasia Center, Saturday, Russian, Prigozhin Locations: St . Petersburg, Russia, Belarus, Russian, Rostov, Moscow, Ukraine, Donetsk
☆ Russia's budget deficit has surged. But economists say Moscow won't drain its war chest any time soon
  + stars: | 2023-02-15 | by ( Elliot Smith | ) www.cnbc.com   time to read: +8 min
However, both the Russian finance ministry and the central bank maintain that all of this is within their models. Christopher Granville, managing director of global political research at TS Lombard, noted two further factors distorting the most recent deficit figures. watch nowThe actual Urals price dived as a result, averaging just $46.8 per barrel during the period from mid-December to mid-January, according to the Russian finance ministry. The finance ministry also flagged massive advance payments for state procurement in January, which totaled five times those of January 2022. "Also, it has plans to issue debt, but this can only be done domestically so it's like a closed circuit — Russian banks buying debt from the Russian state, etcetera etcetera.
☆ Once-bitten markets are ignoring Putin's warnings again at their own peril
  + stars: | 2022-09-21 | by ( Dhara Ranasinghe John O'Donnell | Dhara Ranasinghe | John O'Donnell | ) www.reuters.com   time to read: +4 min
Sputnik/Grigory Sysoev/Pool via REUTERSLONDON, Sept 21 (Reuters) - Earlier this year, markets were complacent as Russia massed troops on the Ukraine border. Now, they're once again largely shrugging off Vladimir Putin's signal that he could be prepared to use nuclear weapons. read moreIt was Russia's first such mobilisation since World War Two and signified a major escalation of the war, now in its seventh month. Germany's and Italy's reliance on Russia has made their stock markets among the world's worst performers this year. Those close to the fighting, including Poland and Hungary, have also seen their local markets pummeled.
☆ Reactions: Putin mobilises more troops for Ukraine
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +20 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. I think even with this Russia stuff it’s hard to see the market really rally a lot more from here ahead of the FOMC. From a geopolitical standpoint, Putin is frustrated that the war isn’t going his way and he’s threatening the west. "If it gets really, really bad, I'd expect the dollar to rise." This announcement by Putin to intensify the escalation in Ukraine definitely doesn’t help.
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