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CNN —Russian-American journalist Masha Gessen was sentenced to eight years in prison by a Moscow court Monday for criticizing the Russian military, becoming the latest target of a crackdown on critics of the Kremlin. Gessen was convicted in absentia on charges of disseminating “false information” about the Russian armed forces, according to the Moscow court statement. My statements are based on data collected during my journalistic work,” Gessen said, highlighting a series of interviews they conducted in Bucha, Irpin, Kyiv, and Kryvyi Rih in 2022, as well as their previous journalistic work in Chechnya. While the Russian military has conducted its invasion, the Kremlin has sought to stifle criticism of its strategy at home. “I am outside the Russian Federation, so the so-called court can ‘consider’ my case, ‘arrest,’ and ‘sentence’ me only in absentia.
Persons: Masha Gessen, Gessen, ” Gessen, Vladimir Putin’s, , Yuri, Kryvyi, , Evan Gershkovich, Gershkovich Organizations: CNN, Kremlin, The New York Times, Facebook, YouTube, , Russian Armed Forces, Criminal Court, ICC, Russian Federation, Wall Street, CIA, WSJ, US State Department Locations: American, Moscow, Russian, Russia, United States, Ukraine, Bucha, Irpin, Kyiv, Chechnya, Sverdlovsk, Yekaterinburg
Russia's President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. Indian Prime Minister Narendra Modi and Russian President Vladimir Putin sat down for tea at a country retreat outside Moscow earlier this week. Russia has also supplied India with nuclear fuel since the 1990s and lately has also been helping build nuclear reactors. Consumer inflation in India is high and volatile, which hurt Modi's election performance last month, and the prime minister is doing his best to keep prices down for his citizens. Far from a strategic relationship, India is buying goods from the cheapest supplier.
Persons: Vladimir Putin, Narendra Modi, Gavriil GRIGOROV, GAVRIIL, defund, Modi, Putin Organizations: Indian, Getty, Washington , D.C, NATO Locations: Moscow, Russian, Washington ,, United States, India, Russia, U.S, Ukraine
The Chinese yuan made up 99.6% of Russian foreign exchange market in June, Bloomberg reported. This comes after the dollar and euro were barred from Russia's main exchange. One expert predicted this would happen, claiming the yuan would become Russia's main trade currency "once and for all." AdvertisementAverage daily volumes in the foreign exchange market contracted by close to a third in the month's second half, the bank report said. AdvertisementHowever, a surge of Russian demand for the Chinese currency has created a yuan liquidity shortage, Bloomberg separately reported.
Persons: , Moex, Alexandra Prokopenko Organizations: Bloomberg, Service, of, Moscow Exchange, Treasury, Carnegie Russia Eurasia Center, Bank of Locations: of Russia, Moscow, Russia, Beijing, Bank of Russia
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
The International Criminal Court said on Tuesday that it had issued arrest warrants for two top Russian security officials over strikes against civilian targets, delivering a stinging, if largely symbolic, condemnation of the Kremlin’s invasion of neighboring Ukraine. The Hague-based court accused Russia’s most senior military officer, Gen. Valery V. Gerasimov, and a senior member of the country’s Security Council, Sergei K. Shoigu, of directing a campaign of strikes against Ukraine’s power plants in the winter of 2022. “The expected incidental civilian harm and damage would have been clearly excessive to the anticipated military advantage,” the court said in a statement on Tuesday, referring to the strikes. It issued the warrants on Monday. Russia’s Security Council denounced the warrants, calling them “pathetic” examples of “the West’s hybrid war against our country,” according to comments provided to the Moscow-based Interfax news agency.
Persons: Russia’s, Valery V, Sergei K, Organizations: country’s Security, Russia’s Locations: Ukraine, The Hague, Moscow
Not coincidentally, the discussion comes as the US Air Force hints that it may drop its plan for a sixth-generation fighter, a piloted air superiority fighter that will operate with drones. But experts consider the idea of a next-generation Russian fighter to be sheer fantasy at a time when it's struggling to operate its fifth-generation stealth fighters. AdvertisementDiscussing cutting-edge aircraft seems almost surreal for Russia, whose air force has enough problems using its current warplanes in Ukraine. Russia's fifth-generation fighter, the Su-57, has been conspicuous by its absence in Ukraine. In November 2023, a senior Russian aviation official said that no decision had been made as to whether a sixth-generation fighter would be manned or unmanned.
Persons: it's, Pavel Luzin, Evgeny Fedosov, Russia's, , Russia wasn't, Sergei Korotkov, Fedosov, Michael Peck Organizations: Service, US Air Force, State Research Institute of Aviation Systems, TASS, America, Army, United Aircraft Corporation, Moscow Institute, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russian, Russia, Ukrainian, China, Forbes
The latest batch of US sanctions against Russia will promote further use of the yuan, a think tank said. It argued that as ruble volatility increases, the Chinese currency will offer stability. While sanctions also threaten Chinese entities, they won't be enough to disrupt yuan trading, it said. AdvertisementFresh sanctions on Russia are too late to be a game-changer, but they will help cement the role of China's yuan in place of Western currencies, a think tank said. "In May, its share in exchange trading once again hit a new record, reaching 53.6 percent.
Persons: , Alexandra Prokopenko, Prokopenko Organizations: Russia, Service, Carnegie, Carnegie Russia Eurasia Center, Kremlin Locations: Russia, Carnegie Russia, Moscow, Beijing, Kazakhstan, UAE
Read previewMoscow is adopting the Chinese yuan-to-ruble exchange rate as its benchmark currency pair after the US expanded sanctions against Russia on Wednesday, the country's central bank said on Thursday. The new US sanctions prompted the Moscow Exchange to end dollar and euro trading on Thursday, causing confusion — since the exchange rate is now opaque. Related storiesRussia's central bank appeared to seek to calm the market in a statement on Thursday. AdvertisementThe central bank added in its statement to Russia's RBC News that the yuan has become "the main currency" on the Moscow Exchange. It will "set the trajectory for other currency pairs" and be the guideline for market participants, the central bank said.
Persons: , Vladimir Putin, Russia — Organizations: Service, Russia, Business, TASS, RBC, Moscow Exchange Locations: Moscow, Russia, Ukraine, Russia's
Russia's Moscow Exchange halted dollar and euro trading on Thursday. AdvertisementRussia's central exchange has barred dollar and euro trading, spelling an end to a market that's been open since the Cold War. Trades were halted Thursday on the Moscow Exchange after it became one of many targets of an expansive new US sanctions package. The latest sanctions are part of a US effort to sever Russia from foreign financial support, taking aim at virtually any global lender that transacts with Moscow. Last month, the yuan made up over half of foreign currency trades in Russia, the FT reported.
Persons: That's, , Moex Organizations: Russia's, Russia's Moscow Exchange, US, Service, Clearing Center, Settlement Depository, Financial Times, Bloomberg Locations: Russia's Moscow, Moscow, Russia, Ukraine, Russian, Beijing
New US sanctions against Russia have caused an immediate suspension of trading in dollars and euros on the country’s leading financial marketplace, the Moscow Exchange. “Due to the introduction of restrictive measures by the United States against the Moscow Exchange Group, exchange trading and settlements of deliverable instruments in US dollars and euros are suspended,” the central bank said. The move means banks, companies and investors will no longer be able to trade either currency via a central exchange, which offers advantages such as better liquidity and oversight. The central bank said it would use data from those trades to set official exchange rates. The central bank reassured people these deposits were secure.
Persons: MOEX Organizations: Moscow Exchange, Moscow Exchange Group, , Reuters, Moscow, Norvik Bank, Tsifra Bank, US Treasury, Investments, Forbes Russia, MOEX, Clearing Locations: Russia, Moscow, Russian, Washington, Ukraine, United States, Beijing,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA key Russian ally said it's quitting the Collective Security Treaty Organization, a group widely considered to be President Vladimir Putin's answer to NATO. The prime minister told lawmakers: "We will leave. Related storiesTensions have heightened between Russia and Armenia since Putin's full-scale invasion of Ukraine, which Pashinyan has refused to endorse on multiple occasions. Frankopan said the latest development may not end with Armenia leaving the CSTO if negotiations take place.
Persons: , it's, Vladimir Putin's, Nikol Pashinyan, he'd, Pashinyan, Putin, Pashinyan's, Dmitry Peskov, Peter Frankopan, Frankopan Organizations: Service, Security, Organization, NATO, Armenian, Associated Press, Business, AP, Kremlin, Oxford University, West . Relations, Ukraine —, Azerbaijan, International Criminal Locations: Russian, Russia, Moscow, Armenia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan, Ukraine, Balkans, Azerbaijan
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
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
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
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's security services on Monday said they had prevented "terrorist attacks" by alleged Russian agents in Kyiv that were meant to take place on May 9. Explosive devices were meant to be detonate in several locations in Ukraine's capital Kyiv, including shops, the country's security services said in a Google-translated Telegram post. Explosives were allegedly also meant to be installed in a car that was to be parked near a popular cafe, the security services said. Ukrainian security services used counter-intelligence to identify the man behind the planned attack, they said in another Telegram post. The alleged Russian agent had also planned an attack that was meant to take place in February, which was also thwarted by Ukrainian security services, they said.
Persons: — Sophie Kiderlin Organizations: Explosives, Ukraine's, Monday Locations: Russian, Kyiv, Ukrainian, Moscow
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
Putin orders tactical nuclear weapon drills to deter the West
  + stars: | 2024-05-06 | by ( ) www.cnbc.com   time to read: +5 min
Russia's defense ministry said it would hold military drills including practice for the preparation and deployment for use of non-strategic nuclear weapons. "During the exercise, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons," the ministry said. Russia and the United States are by far the world's biggest nuclear powers, holding more than 10,600 of the world's 12,100 nuclear warheads. No power has used nuclear weapons in war since the United States unleashed the first atomic bomb attacks on the Japanese cities of Hiroshima and Nagasaki in 1945. Major nuclear powers routinely check their nuclear weapons but very rarely publicly link such exercises to specific perceived threats in the way that Russia has.
Persons: Vladimir Putin, Alexey Danichev, Natalia Kolesnikova, Joe Biden, Andriy Yusov, Sergei Shoigu, Emmanuel Macron, Volodymyr Zelensky, Ludovic Marin, David Cameron, Dmitry Peskov, Putin, Abrams, Sean Gallup Organizations: Federal Assembly's Council, Reuters, Missile, Southern Military District, Military, Victory Day, Afp, Getty, Russian Federation, Federation of American Scientists, CNN, Ukraine, Kremlin, U.S . Senate, AFP, British, NATO, U.S . Army, British Amphibious Engineer Battalion Locations: Saint Petersburg, Russia, Reuters Russia, Moscow, France, Britain, United States, Ukraine, U.S, China, Hiroshima, Nagasaki, Russian, Paris, London, Soviet Union, Gniew, Poland
Trade with Russia has slumped in the first quarter amid tightening US sanctions, the Financial Times said. After a December executive order bolstered its sanctioning power, the department has amplified warnings against foreign lenders that facilitate trade with Russia. At the same time, the US' crackdown has proliferated trade in the Russian ruble, as other currencies increasingly fall out of favor. That's as foreigners are still free to buy rubles on the Moscow Exchange when settling payments with Russian parties. AdvertisementStill, the ruble faces restricted convertibility, making it difficult to reach trade volumes once possible under the dollar.
Persons: , Vladimir Potanin, That's Organizations: Financial Times, Companies, Service, US Treasury Department, United Arab Locations: Russia, China, Turkey, Ankara, United Arab Emirates, Austria, Russian, Iran, Tehran, Moscow, UAE, dirhams
5 Takeaways From the Times Interview of Brittney Griner
  + stars: | 2024-05-02 | by ( J Wortham | ) www.nytimes.com   time to read: +1 min
star Brittney Griner was starting her nine-year sentence in a penal colony in Russia, sewing uniforms for the Russian military and subsisting on spoiled food. Griner was arrested at the Moscow Airport in February 2022, when officials found two vape cartridges in her backpack with 0.7 grams of cannabis oil. (To treat Griner’s chronic pain, a physician in Arizona had prescribed medical marijuana, but it was against the law in Russia.) She was charged with illegal drug possession and smuggling “a significant amount” of narcotics into the country and was sent to prison. Here are the highlights from my profile of the basketball star after I met her at a practice facility in Phoenix.
Persons: Brittney Griner, she’d, Griner Organizations: Moscow Airport Locations: Russia, Arizona, Phoenix
A terrorist attack of 2015 that left her city angry and heartbroken persuaded Paris’s mayor, Anne Hidalgo, to campaign for the Olympic Games. “Something that is very powerful, very peaceful and allows us to move forward. So, I threw myself into it.”Nine years later, the Summer Olympics are set to open in Paris in July with France at its highest level of terrorism alert, after the attack on the Moscow concert hall last month. Yet for the first time, the opening ceremony will not be held inside the barricaded confines of a stadium. Instead, athletes will float in boats down the Seine River through the heart of the dense, ancient city before half a million spectators packed into stands and leaning out of windows.
Persons: Paris’s, Anne Hidalgo, , , Charlie Hebdo Organizations: Olympic Locations: Paris, France, Moscow
CNN —Russian Deputy Defense Minister Timur Ivanov appeared in a Moscow court Wednesday after he was detained for allegedly taking a bribe, Russia’s Investigative Committee said. Ivanov is suspected of accepting a bribe of 1 million rubles (at least $10,800), Russian state media TASS reported, and faces up to 15 years in prison if convicted. Video released by Russian state news agency RIA Novosti showed Ivanov standing in a glass box in the Moscow courtroom. The deputy defense minister has been seen as a senior architect of Russia’s invasion of Ukraine, becoming the subject of European Union and US sanctions. Ivanov, pictured at a Moscow court on April 24, could face up to 15 years for allegations of bribery.
Persons: Timur Ivanov, Ivanov, Alexey Navalny’s, Maria Pevchikh Organizations: CNN, Russian, TASS, RIA Novosti, European Union, Anadolu, Getty, Corruption Foundation, Ministry of Defense, , ACF, Russian Ministry of Defense Locations: Moscow, Ukraine, Basmanny
In 1987, Faris, a pilot in the Syrian Air Force, spent eight days in space with the Soviet Union’s Interkosmos spaceflight program. Faris flew with a Soviet crew to Mir space station becoming the first and only Syrian astronaut and second Arab to make it to space. Upon his return to Syria, Faris was celebrated as a national hero by tens of thousands of Syrians. Faris decided in 2012 to defect and publicly oppose the Syrian regime, putting his family and himself in life-threatening danger. In 2020, Faris was granted Turkish citizenship, as reported by the Turkish state broadcaster TRT.
Persons: CNN — Mohammad Faris, Armstrong, Faris, Hafez al, Assad, Bashar, , Jazeera, Assad, Faris –, Hafez al - Assad, Prince Sultan bin Salman, Allah, “ let’s, ” Faris, Bashar al, Al Jazeera, Moscow propping Organizations: CNN, Syrian Air Force, Saudi, Free Syrian Army, Turkish, TRT, Star City, AP Locations: Turkish, Gaziantep, Soviet, Syria, , Aleppo, Turkey, Istanbul, Russia, Moscow, Soviet Union
Russia's growing partnership with China isn't going to fade, a think-tank director said. The West should consider enforcing economic sanctions on China as well, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In an op-ed for Foreign Affairs, the think-tank director pointed to Russia and China's economies becoming increasingly intertwined since Moscow began its invasion of Ukraine in 2022. The two nations scaled up their trade partnership to a record $240 billion last year, partly because China has snapped up key Russian commodities while the West has shunned trade with Moscow.
Persons: China isn't, Putin, , Vladimir Putin, Alexander Gabuev Organizations: Service, Carnegie Russia Eurasia Center, Foreign Affairs, Business Locations: China, Beijing, Russia, Moscow, Ukraine
AdvertisementIn the years since the US and its NATO allies left Afghanistan, a particularly violent branch of the Islamic State terror group has grown stronger. During the first few years of its existence, ISIS-K attacks were mainly confined to Afghanistan and Pakistan. The first year under the Taliban's rule saw a sharp uptick in terror attacks inside Afghanistan. But that trend has changed in recent months; attacks inside the country declined while attacks beyond its borders have increased. Thus, the conditions inside Afghanistan have awarded the terror group space to develop a greater capacity to stage external attacks.
Persons: , Joseph Votel, Hamid, Taylor Crul, Michael Kugelman, Kugelman, MARCUS YAM, Votel, that's, Doug Ellis, Qassem, STRINGER, Michael Kurilla, John Kirby, Biden, Kirby Organizations: Service, NATO, 82nd Airborne Division, U.S . Air Force, US Air Force, REUTERS ISIS, Islamic, ISIS, Department of Defense, Hamid, AP, South Asia Institute, Wilson, Kabul International Airport, ANGELES, US Central Command, Security Forces, Staff, Getty, White, National Security, Department, Defense Locations: Afghanistan, Moscow, Kabul, Handout, Khorasan Provence, Iraq, Syria, Pakistan, Washington, Darzab district, Jowzjan province, Mar, Iran, Central Asia, Iranian, Kerman, Europe, Russia, Islamic State, Crocus, American, Achin, Nangarhar Province
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