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Read previewThe attempted assassination of former President Donald Trump was indirectly caused by President Joe Biden and his administration, a Kremlin spokesperson said on Sunday. Related stories"The central premise of the Biden campaign is that President Donald Trump is an authoritarian fascist who must be stopped at all costs. That rhetoric led directly to President Trump's attempted assassination," Vance, a potential Trump vice presidential pick, said in an X post on Saturday. The central premise of the Biden campaign is that President Donald Trump is an authoritarian fascist who must be stopped at all costs. Trump's eldest son, Donald Trump Jr., also ripped the Democratic Party and accused them of inciting tensions before Saturday's assassination attempt.
Persons: , Donald Trump, Joe Biden, Trump, Dmitry Peskov, Thomas Matthew Crooks, Peskov, Sen, JD Vance, Ohio, Josh Hawley, Mike Collins of Georgia, Biden, Saturday's, Trump's, Vance, — J.D, @JDVance1, Hawley, Collins, — Mike Collins, Joseph R, Donald Trump Jr, Kamala, zHNX8HuD1A — Donald Trump Jr, Putin, didn't Organizations: Service, Kremlin, Business, Secret Service, Trump acolytes, Trump, Republican, Democratic Party, Biden, St ., Economic, Business Insider Locations: Pennsylvania, Manhattan, Josh Hawley of Missouri, Afghanistan, America, Butler County , PA, Russia, St, St . Petersburg
World leaders have joined together to condemn the assassination attempt on former U.S. President Donald Trump over the weekend. Trump was hit in the ear at a campaign rally in Butler, Pennsylvania, on Saturday. Canadian Prime Minister Justin Trudeau said he was "sickened by the shooting" and sent his thoughts to Trump and his fellow Americans. European leaders from G-20 countries such as Germany, France, Italy, extended their concern and best wishes to Trump. Australian Prime Minister Anthony Albanese reiterated the same, and said the campaign event in Pennsylvania was "concerning and confronting."
Persons: Donald Trump, Trump, Thomas Matthew Crooks, Justin Trudeau, Keir Starmer, Emmanuel Macron, Xi Jinping, Fumio Kishida, Narendra Modi, , Anthony Albanese, Dmitry Peskov, Joe Biden Organizations: Butler, Inc, FBI, Secret Service, Canadian, Japan's, India's, Reuters, Democrats Locations: Butler , Pennsylvania, Germany, France, Italy, Asia, Pennsylvania, Russia, U.S
Read previewVladimir Putin's claims that Russia's economy is doing just fine may soon be hard to back up. That's mainly because Russia is losing two things its economy desperately needs, he told Business Insider — a robust energy trade and a steady flow of US dollars. Moscow's economy is extremely dependent on petrodollars, or dollars obtained through the oil and gas trade, Gorodnichenko said. AdvertisementThat could put Russia's economy on the fast track to a recession in the next 12 months, Gorodnichenko predicted. Withering energy empireThe energy trade is Russia's biggest money maker.
Persons: , Vladimir Putin's, Yuriy Gorodnichenko, Gorodnichenko, Putin, Gorodnichkeno Organizations: Service, UC Berkeley, Business, Kremlin, Bank for International Settlements, Soviet Union Locations: Russia, Ukraine, Soviet, Soviet Union, China
Russia's President Vladimir Putin and India's Prime Minister Narendra Modi walk during their meeting at the Novo-Ogaryovo state residence near Moscow, Russia July 8, 2024. Their partnership has become more complicated, however, as Russia has moved closer to China amid international isolation of Moscow over Ukraine. Russian state media reported that they would also discuss Moscow helping India build more nuclear power plants. The two countries already are collaborating on the Kudankulam nuclear power project in the southern Indian state of Tamil Nadu. With Moscow's arms industries mostly serving the Russian military in Ukraine, India has been diversifying its defense procurements, buying more from the U.S., Israel, France and Italy.
Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Volodymyr Zelenskyy, Matthew Miller, Vinay Mohan Kwatra Organizations: India's, Indian, NATO, . State Department, Shanghai Cooperation Organization, India, Russian Locations: Moscow, Russia, Washington, Ukraine, China, Kazakhstan, Beijing, Russian, Kyiv, India, New Delhi, Tamil Nadu, United States, Vladivostok, Uzbekistan, U.S, Israel, France, Italy, Chennai, East
Read previewRussia's President Vladimir Putin and North Korean leader Kim Jong Un recently signed a defense pact to protect against what they characterized as the malign forces of US imperialism. AdvertisementXi Jinping and Kim Jong Un watch a large group callisthenics and art performance at the May Day Stadium in Pyongyang, DPRK, June 20, 2019. An emboldened Kim Jong UnRussia's extra military power could embolden Kim to act more erratically and aggressively. AdvertisementThis means that China has enough influence over both Russia and North Korea to exert control over their new alliance. However, "they do know that China plays an irreplaceable role for both Russia and North Korea," she said.
Persons: , Vladimir Putin, Kim Jong, it's, Putin, Kim, Xi Jinping, Danny Russel, Obama, Xi, embolden Kim, Russell, Yun Sun Organizations: Service, North, Business, Associated Press, Xinhua, Agency, Getty Images, Stimson, CNN Locations: East Asia, Russia, North, China, DPRK, Asia, North Korea, Korea, Ukraine, Beijing, Pyongyang, Getty Images Russia, Washington
Russia has dropped 103 bombs on its own territories in the last four months, Astra reported. This comes after the outlet wrote that three more FABs were found in Russian villages near the border. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian opposition media channel Astra reported on Wednesday that the Kremlin's forces had deployed three Soviet glide bombs this week onto Russian-controlled regions. No injuries were reported, but Astra assessed that the new incidents mean Russia has dropped a total of 103 bombs on its own territories in the last four months.
Persons: Organizations: Astra, Service, Business Locations: Russia, Ukraine, Krapivnoye, Belgorod
Ties between Russia and North Korea have deepened in recent years with the countries — which are both heavily sanctioned by the West — hailing their strategic cooperation in the spheres of defense and trade. North Korea has not been shy in its outpourings of reverence for Putin, describing him as a "comrade-in-arms" in the battle against what both countries see as Western hegemony. Analysts say the deepening relationship between Russia and "rogue" state North Korea is increasingly hazardous for the West. This aspect of the relationship not only destabilizes security on the peninsula and in Asia; it also heightens the direct threat posed by North Korea to the [U.S.] homeland." It is unclear what further strategic cooperation between North Korea and Russia could entail.
Persons: Vladimir Putin, North, Kim Jong Un, Teneo, Kim, Putin, Kim Jong, Matthew Miller, Miller, Victor Cha, Cha Organizations: Vostochny, UN, West, Kremlin, Democratic People's, U.S . State Department, U.S ., Reuters, Analysts, Center for Strategic, International Studies, National Security Council, Ukraine, North Locations: Amur, Russia, North Korea, Russian, Democratic People's Republic of Korea, DPRK, Korea, Ukraine, Pyongyang, U.S, Iran, Europe, Asia, Gaza, Moscow, North Korean, Eurasia
Read previewRussia has placed multiple barges and other defenses around a major bridge connecting it to the occupied Crimean peninsula, recently captured satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made a number of upgrades and improvements to its naval drones since they were used against the bridge last summer.
Persons: , Vladimir Putin's, Brady Africk, Africk, Dmytro Pletenchuk, STRINGER Organizations: Service, Business, Russian, Ministry of Defense, Maxar Technologies, Technologies, American Enterprise Institute, Getty Images Locations: Russia, Crimean, Kerch, Crimea, Ukraine, Ukrainian, Moscow, Russian, Kyiv, Sevastopol, Novorossiysk
Read previewRussia has placed barges and other defenses around a major bridge connecting it to the occupied Crimean Peninsula, recent satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made numerous upgrades and improvements to its naval drones since they were used against the bridge last summer.
Persons: , Vladimir Putin's, Brady Africk, Africk, Dmytro Pletenchuk, STRINGER Organizations: Service, Business, Russian, Ministry of Defense, Maxar Technologies, Technologies, American Enterprise Institute, Getty Images Locations: Russia, Crimean, Kerch, Crimea, Ukraine, Ukrainian, Moscow, Russian, Kyiv, Sevastopol, Novorossiysk
Read previewNATO Secretary General Jens Stoltenberg this week warned China it faces a stark choice if it continues backing Russia's Ukraine invasion. "But the reality is that China's fueling the largest armed conflict in Europe since World War II. In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. AdvertisementChina-Europe tensions increaseIt's not just China's support for Russia that appears to be focusing European minds on the potential threat it poses. Both have taken a critical stance towards Ukraine and appear keen to do more business with China, in defiance of EU policy.
Persons: , Jens Stoltenberg, Xi, Stoltenberg, Emanuel Macron Organizations: Service, Publicly, Business, West, European Commission, US, European Union, Financial Locations: China, Ukraine, Europe, Beijing, Russia, Germany, Hungary, Serbia
Russian President Vladimir Putin speaks during visit to the Joint Institute for Nuclear Research on June 13, 2024 in Dubna, Russia. Russian President Vladimir Putin on Friday set out the requirements for Moscow to start peace talks with Ukraine, more than two years after the Kremlin's full-fledged invasion of its neighbor. He said that Moscow was committed to ensuring the "unhindered and safe withdrawal" of Ukrainian forces if Kyiv agrees to such a concession. If the peace proposal is refused, Putin added, Moscow's future demands will be different. He has also insisted that Ukraine regain the peninsula of Crimea, which Russia annexed illegally prior to the current war, in February 2014.
Persons: Vladimir Putin, Putin, Volodymyr Zelenskyy's Organizations: Joint Institute for Nuclear Research, Russian Foreign Ministry, NATO —, Google, Tass, CNBC, Ukrainian Ministry of Foreign Affairs Locations: Dubna, Russia, Russian, Moscow, Ukraine, Donetsk, Luhansk, Zaporizhzhia, Kherson, Kyiv, ., Crimea
Along with two other vessels, these Russian navy assets were scheduled to be stationed in Cuba for a five-day visit. This story is available exclusively to Business Insider subscribers. Russia's reassurances that the vessels in Cuba pose no harm come in spite of the fact that they are some of the Kremlin's most lethal military assets. Related storiesThe Cuban foreign ministry, for its part, echoed Russia's sentiments, saying that the vessels pose no threat, per Reuters. Representatives for the US Southern Command and Russian defense ministry didn't immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Dmitry Peskov, Gorshkov, Sabrina Singh, Helena, Russia's, didn't Organizations: Service, Russian, Business, Reuters, NATO, Pentagon, Department of Defense, Southern Command, US Southern Command, Business Insider Locations: Russia, Cuba's, Havana, Caribbean, Cuba, Gorshkov Russian, Cuban, United States, Ukraine, Los Angeles, Guantanamo
Read previewForeign financial institutions engaged in Russia's wartime economy are now at greater risk of secondary sanctions, as the Treasury Department's ability to blacklist institutions just got a boost. The update, announced Wednesday, also unveiled fresh sanctions against 300 individuals and entities accused of fueling Moscow's war in Ukraine and helping it circumvent sanctions. "Russia's war economy is deeply isolated from the international financial system, leaving the Kremlin's military desperate for access to the outside world," said Treasury Secretary Janet Yellen said, quoted in the report. The new announcement comes as Russia's wartime activity has kept its economy afloat while its partnership with China has only grown. AdvertisementA handful of stock exchanges in Moscow are also restricted, meant to prevent investors from profiting from Russia's war through defense firms and other corporations.
Persons: , Janet Yellen, that's Organizations: Service, Treasury, Business, United Arab, Financial Times, West Locations: Ukraine, Turkey, United Arab Emirates, Austria, Russia, China, Russian, Moscow
Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024. Contributor | Getty Images News | Getty ImagesRussia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year. A view of the stand of the Russian private bank Alfa-Bank during the 27th St. Petersburg International Economic Forum in St. Petersburg, Russia on June 05, 2024. Guests from foreign countries seen during the first day of the St. Petersburg International Economic Forum 2024.
Persons: Vladimir Putin, SPIEF, Max Hess, Peter Szijjarto, There's, Vladimir Putin's, Yuri Ushakov, Putin, anders Pettersson Organizations: Lakhta Center, Saint Petersburg, Economic, Getty, St ., Economic Forum, Foreign Policy Research Institute, CNBC, Hungarian Foreign, Alfa, Bank, Anadolu, West, International Monetary Fund, U.S, Brics Locations: Saint Petersburg, Russia, Gazprom, St . Petersburg, Davos, Switzerland, Ukraine, Asia, Latin America, Africa, Eastern Europe, Slovakia, Hungary, Hungarian, St, Moscow, Russian, Germany, France, India, China, Johannesburg, South Africa
Read previewIt's the time of the year for the St. Petersburg International Economic Forum — or the "Russian Davos," as it's sometimes called. This year, the biggest names attending the event include Bolivian President Luis Arce and Zimbabwean President Emmerson Mnangagwa. Related VideoBut the four-day economic forum, which started on Wednesday, now also features the children of the Kremlin's top echelons, Bloomberg reported on Wednesday. Advertisement"Now that this opportunity has become harder, the way to protect themselves is to appoint their children as bosses," Schulmann told Bloomberg. Putin is scheduled to address the economic forum on Friday.
Persons: , Vladimir Putin's, Emmanuel Macron, Xi Jinping, Narendra Modi, Angela Merkel, Luis Arce, Emmerson Mnangagwa, Maria Vorontsova, Katerina Tikhonova, Anton Vaino's, Alexander, Ekaterina Schulmann, Schulmann, Putin Organizations: Service, St ., Economic, Indian, Business, Bolivian, Bloomberg, Russian Association for, Kremlin, Carnegie Russia Eurasia Center Locations: St, St . Petersburg, Russian Davos, Russian, Russia, Ukraine, Berlin
Russian President Vladimir Putin's meeting with Chinese leader Xi Jinping in China this week is the latest sign of deepening strategic ties between both sides. Putin will make a two-day state visit to China from Thursday at the invitation of Xi, it was announced on Tuesday. This will be the Russian leader's first overseas trip since Putin kicked off his fifth term in office last week. Putin also wants access to Chinese financial markets and to use the "Chinese currency to further Russia's trade," Hess said. "So, it's really Putin going to China seeing what he can get."
Persons: Vladimir Putin's, Xi Jinping, Putin, Xi, Max Hess, CNBC's, Hess, it's Organizations: Foreign Policy Research Institute Locations: China, Russian, Beijing, Siberia, Ukraine
Read previewThe US has been outclassed by its rivals, such as Russia, in its capacity to remotely take out enemy weapons using jamming technology, according to former US military officials. He called on the US to get more creative to regain its dominance in electronic warfare. AdvertisementLast year, Ukraine's outgoing senior commander, Valery Zaluzhnyi, in an interview with The Economist, said Russia's electronic warfare capability had given it an important edge. The US is closely studying the conflict for information on how to improve its electronic warfare systems. In May, Defense News that the Pentagon is spending millions on developing new electronic warfare systems and technology to evade GPS jamming.
Persons: , Mike Nagata, Nagata, they've, Valery Zaluzhnyi, Mark Cancian, Grant Shapps Organizations: Service, US Army, Business, Russia, US, Defense News, Pentagon, Center for Strategic, International Studies, Department of Defense Locations: Russia, Ukraine, United States, Tampa , Florida, Europe
Read previewRussia's economy is fragile and policymakers won't be able to stave off a crisis for very long, a think tank researcher argued in a post on Tuesday. AdvertisementRussia's economy has flashed key signs of weaknesses since the West first began imposing sanctions on the nation in 2022. And high interest rates, necessitated by all that inflation, stifle investment in productivity and further distort the economy," Kolyandr said. AdvertisementOther experts have noted that Russia faces a dilemma as it juggles managing its economy and prolonging its war against Ukraine. According to one European economist, the nation has become dependent on war for economic growth, and it can't afford to win or lose the war.
Persons: , Alexander Kolyandr, Kolyandr, Putin Organizations: Service, Centre for, Kremlin, Business Locations: Russian, Ukraine, Central, Russia, West, Europe
"There was no first line of defense," Denys Yaroslavskyi told the BBC, which reported from Vovchansk on Sunday. Jonathan Beale, a defense correspondent at the outlet, wrote that Yaroslavskyi showed him drone footage of Russian troops walking past Ukraine's northeastern border without resistance. Lying on Kharkiv's northeastern border, Vovchansk is one of Ukraine's closest cities to the Russian region of Belgorod. Related storiesDays earlier, Ukrainian military observers reported that between 30,000 to 35,000 Russian troops had gathered for the push. The Kremlin has since 2022 been accusing Ukraine of shelling Belgorod, though this also comes amid repeated reports of Russian troops misfiring or dropping bombs by mistake on civilians there.
Persons: , Denys Yaroslavskyi, Jonathan Beale, Yaroslavskyi, Oleksandr Syrskyi, Syrskyi, Vladimir Putin, Vovchansk Organizations: Service, BBC, Business, Reconnaissance Unit, Armed Forces, Ukraine's General Staff, Russian Federation, Kyiv, Russian, NATO Locations: Ukrainian, Kharkiv, Russia, Vovchansk, Ukraine's, Russian, Belgorod, Moscow, Ukraine, The Washington, Kyiv
Russia's oil revenue soared by 90% in April compared to the previous year, Bloomberg reported. The rise comes as sanctions have struggled to curb Russian energy flows since the war in Ukraine began. AdvertisementThe major funding sources for Vladimir Putin's invasion of Ukraine — the country's oil and gas revenues —doubled in April despite sanctions. Bloomberg data also indicates Moscow will see approximately $126 billion in oil and gas tax revenue in 2024. That said, Bloomberg reported that April's oil and gas revenue to Russia's budget still dropped by about 6.4% compared to March, primarily due to substantial subsidies to the nation's fuel producers.
Persons: , Vladimir Putin's, Bloomberg Organizations: Bloomberg, Service, Russia's Federal Tax Service, Bloomberg Economics Locations: Ukraine, Russia's, Russia, Moscow, China, India, Persian
His remarks about French soldiers defending Ukraine are among the most hawkish by a Western leader. AdvertisementFrance's President Emmanuel Macron reaffirmed that he would consider sending French troops to Ukraine, and spelled out the conditions in which this could place. He added that if Russia defeats Ukraine it would then likely seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine were among the most hawkish by a Western leader. The Kremlin's spokesman, Dmitry Peskov, in response to Macron's earlier remarks, said that deploying NATO troops to Ukraine would lead to war between Russia and the alliance.
Persons: Emmanuel Macron, , Macron, Vladimir Putin, I'm, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, RFE, RL, Business Locations: Ukraine, France, Russian, Europe, Russia
AdvertisementFrench President Emmanuel Macron reaffirmed that he'd consider sending French troops to Ukraine and spelled out the conditions in which this could place. He added that if Russia defeated Ukraine, it would then probably seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine are among the most hawkish by a Western leader. In response to Macron's earlier remarks, the Kremlin's spokesperson, Dmitry Peskov, said deploying NATO troops to Ukraine would lead to war between Russia and the alliance. Analysts recently discussed with Business Insider the likelihood of Russia attacking NATO, with the Russian-military expert Ruth Deyermond saying Putin's regime was too weak militarily to risk a direct confrontation with NATO.
Persons: Emmanuel Macron, , Macron, Vladimir Putin, I'm, they've, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, Russia, Radio Free, Radio Liberty, Analysts, Business Locations: Ukraine, France, Russian, Europe, Russia, Radio Free Europe
In March, Russia dealt with its highest-ever number of AWOL cases since the war began, Mediazona reported. AdvertisementRussian courts assessed 684 absences without leave in March, the highest-ever monthly count since the war in Ukraine began, independent Russian media reported. Citing public records, independent outlet Mediazona reported on April 12 that a daily average of 34 AWOL sentences were carried out in military courts that month. Related storiesRussian courts have dealt with some 2,300 AWOL cases since the start of 2024, and about 7,400 total cases since Moscow invaded Ukraine in February 2022, according to Mediazona. This spring, Russia is set to call up some 150,000 men for routine, statutory military service, which typically lasts about one year.
Persons: Mediazona, , Christopher Cavoli Organizations: Service, UK Defence Ministry, Russian Ministry of Defense, Business, US Army, NATO Locations: Russia, Ukraine, Moscow, Europe
The strikes are doing serious damage to Russia's oil and gas sector. Bloomberg reported that Russia's oil refining is at an 11 month low. AdvertisementBloomberg earlier this week reported that Russia's oil refining is at an 11-month low because of flooding and Ukraine's drone campaign. Ukraine's attacks on Russian oil depots are one of the few bright spots in its war in recent months. "Future Ukrainian drone strikes may disable and disrupt more of Russia's refining capacity and inflict critical constraints on Russian refining that begin to substantially impact Russia's production of distillate products," the analysts said.
Persons: , Joe Biden's Organizations: Bloomberg, Service, AFP, Metallurgical, The Locations: Ukraine, Russia, Russia's Smolensk, Lipetsk, Russia's, Ukraine's, US
On the front line in east and south Ukraine, reports say the situation is increasingly desperate, with Russia outfiring Ukraine at a rate of three to one. Senior Ukrainian military officials, talking to Politico, said that Russia could break through wherever it focuses its anticipated summer offensive. AdvertisementThe role of the WestUkraine is on a "starvation diet" for aid, George Barros, an expert at the Institute for the Study of War, told BI. Anadolu/Getty ImagesAnalysts also say that weaknesses in Russia's military are limiting the Kremlin's ability to take advantage of the situation. "For Ukraine to suffer total defeat, we'd need to see a major collapse in Ukrainian lines and morale," he said.
Persons: , Volodymyr Zelenskyy, Zelenskyy, Dmytro Kuleba, Bryden Spurling, George Barros, BI's Sinéad Baker, Barros, ATACMS, Klaus, Dietmar Gabbert, we've, Justin Bronk, Ukraine —, Politico —, Mykola Bielieskov, Spurling, George Beebe, Beebe, Ukraine it's, ferociously Organizations: Service, Republicans, Business, Patriots, Politico, Russia outfiring, Ukrainian, RAND Corporation, AP, US State Department, Institute for, Leopard, Getty, London's Royal United Services Institute, Ukraine, National Institute for Strategic Studies, Fleet, Anadolu Locations: Russian, Ukraine, Russia, Russia outfiring Ukraine, Iran, North Korea, West Ukraine, Avdiivka, Zaporizhzhia, Ukrainian, NATO, Kyiv, Avdiivkva, Dnipro
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