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Read previewRussia is stepping up sanctions-evading measures to keep its international trade flowing. Russian central bank governor Elvira Nabiullina said the first transactions are expected by the end of this year, per Reuters. An existing ban on crypto payments in Russia remains, but Moscow's greenlighting crypto for international trade marks a significant shift. Russia could be eying a digital-currency-based settlement systemIt isn't clear how Russia's crypto and digital currency regimes will shape up. Even China, which has one of the world's most advanced digital currencies, relies on a "two-tier" system involving banks as wallet-holding agents.
Persons: , Elvira Nabiullina, Nabiullina, Vladimir Putin, Moscow hasn't, Christopher Granville, Granville Organizations: Service, Russia's, Duma —, Reuters, Business, Bloomberg, US Treasury, GlobalData, Lombard, Russia Locations: Russian, Russia, Ukraine, cryptocurrencies, Hong Kong, Moscow, China, UAE, Turkey, Austria, India
Normal train service had resumed on the French rail network by Monday — when authorities reported damage to telecoms infrastructure, which caused local power outages and raised the specter of further national disruption. Secretary of State for Digital Affairs Marina Ferrari that France's telecoms network was experiencing isolated outages due to damage carried out overnight in several regions. It was not immediately clear whether vandalism to the telecoms network was connected to the damage and arson carried out on the rail network last week. Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.
Persons: , State for Digital Affairs Marina, Ferrari, Dmitry Peskov, Gerald Darmanin, Darmanin Organizations: Paris, Olympics, State for Digital Affairs, CNBC, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Vandieres, France, Paris, Russia, U.S
At least 140 people hurt as Russian train smashes into truck
  + stars: | 2024-07-29 | by ( ) www.cnbc.com   time to read: +1 min
A view shows derailed carriages of a passenger train after a collision with a truck in the Volgograd Region, Russia July 29, 2024. MOSCOW - At least 140 people were injured in southern Russia on Monday when a train carrying 800 passengers smashed into a truck on a level crossing, causing eight carriages to derail, Russian Railways said. A view shows derailed carriages of a passenger train after a collision with a truck in the Volgograd Region, Russia July 29, 2024. "About 140 people received cuts and bruises," Russian Railways said, adding that 15 people, including three children, had been taken to hospital for treatment. Video published by state news agency TASS showed carriages derailed, some of them twisted.
Persons: Adler, Mash Organizations: Russian Railways, Railways, Russian Locations: Volgograd Region, Russia, Kazan, Tatarstan, MOSCOW, Kotelnikovo, Volgograd, Moscow
CNN —Russia’s lower house of parliament has proposed punishing Russian soldiers caught using smartphones while fighting in Ukraine, state media TASS reported, amid growing concerns that electronic devices can reveal troops’ location on the battlefield. According to a draft law supported by the State Duma Committee on Defense, carrying internet-connected cell phones whose data can identify Russian troops or the location of forces will be classified as a “gross disciplinary offense” punishable by up to 10 days of arrest. Both Russian and Ukrainian militaries have reportedly used enemy cell phones to identify targets during the war, scraping data from photos and messages to track coordinates and launch attacks. Although the Kremlin has acknowledged the risks posed by soldiers carrying cell phones, Russian military bloggers have criticized the draft law, claiming it shows the Duma’s lack of understanding of the nature of modern warfare. Russian soldiers are already banned from publicly distributing information that could reveal the identity or location of military personnel.
Persons: United Kingdom –, Elon, , let’s Organizations: CNN, TASS, State, Defense, Ukraine’s Security, Russia’s Defense Ministry, Kremlin, Veteran Records, Duma, Federation Council Locations: Ukraine, United States, Australia, Canada, New Zealand, United Kingdom, Ukrainian, Makiivka
CNN —A Russian court has sentenced Alsu Kurmasheva, a Russian-American journalist, to six-and-a-half years in prison, state news agency TASS reported Monday. The hearing, which was held behind closed doors, found Kurmasheva guilty of spreading false information about the Russian army, making her just the latest US journalist to be convicted in the country in recent months. When asked about this possibility earlier Monday, spokesman Dmitry Peskov said: “I have no answer to this question. We need her home.”Before her conviction, Butorin told CNN he was “so confident that she would get back to us that I bought Taylor Swift tickets” for August this year. After her passports were taken, she was fined and placed under de facto – and then formal – house arrest for months, before being charged in December.
Persons: Alsu Kurmasheva, Evan Gershkovich, Dmitry Peskov, , , , Stephen Capus, ” Capus, ” Pavel Butorin, Butorin, Taylor Swift, ” Butorin, Kurmasheva, Gershkovich Organizations: CNN, Radio Free, Radio Liberty, RFE Locations: Russian, American, Kazan, Yekaterinburg, United States, Prague, Radio Free Europe, Russia, facto
Read previewFor years, Russia's youth has been fed hardline nationalistic ideology as the Kremlin has sought to engineer a new generation of Putin clones. AdvertisementState-run youth groups have also dramatically increased in size since Russia launched its full-scale invasion of Ukraine in 2022. The group's head said it had opened around 40,000 offices across Russia as of December 2023, per Russia's state-run TASS news agency. DMITRY KOSTYUKOV/AFP via Getty ImagesThe various Academics fraternity cells are largely similar in style, though some display more extreme behavior than others. It's all part of "a much bigger campaign to target the next generation of Russian youth."
Persons: , Putin, Sergei Novikov, Vladimir Putin, Ian Garner, Garner, Mikhail Komin, frat, Nikita Izyumov, Konstantin Malofeyev, Izyumov, Komin, DMITRY KOSTYUKOV, David Lewis, Izymov, Lewis, ALEXANDER NEMENOV, Young Organizations: Service, Kremlin, Business, RBC, Russia, European Council, Foreign Relations, Fraternity, West, Academics, Getty, University of Exeter, Ministry of Defence, UK's MoD, Fraternity of Locations: Russia, Ukraine, Russian, Rome, Moscow, Constantinople, AFP, Chelyabinsk
CNN —Residents in the southern Russian city of Krasnodar staged a rare protest on Saturday over electricity cuts and water supply interruptions due to a power grid failure amid record-high temperatures. Angry residents gathered on the streets near residential buildings shouting “Give me light,” after experiencing power cuts for several days, videos posted on social media show. Work to repair the accident is underway and residents are being supplied with drinking water, the city’s mayor Evgeny Naumov said Saturday. The power cuts came as the city is experiencing unusually high temperatures and on Friday a daily record was set for the fourth day in a row, according to Russian state news agency TASS. The government has introduced war censorship laws that can result in severe punishment, including imprisonment, for discrediting the military.
Persons: Evgeny Naumov, Krasnodar Governor Veniamin Kondratyev, Kondratyev, , ” Kondratyev Organizations: CNN, Residents, TASS, Rostov Nuclear Locations: Russian, Krasnodar, Krasnodar Governor, Rostov, Russia, Ukraine
CNN —A verdict is expected in the coming hours in the espionage case of the Wall Street Journal reporter Evan Gershkovich, with Russian prosecutors seeking an 18-year prison sentence in what his employer and the US government have dismissed as a sham trial. The court in Yekaterinburg will announce the verdict on Friday at 5 p.m. local time (8 a.m. Earlier Friday, the court heard closing arguments and Gershkovich delivered his closing remarks behind closed doors. The state prosecution service has requested 18 years in prison for Gershkovich, according to state news agency TASS, citing the court. Gershkovich, the US government and the WSJ have vehemently denied the charges against him.
Persons: Evan Gershkovich, Gershkovich Organizations: CNN, Wall Street, CIA, WSJ Locations: Yekaterinburg, Sverdlovsk, Gershkovich, American
A Russian court sentenced Wall Street Journal reporter Evan Gershkovich to 16 years in prison. Gershkovich was accused of espionage, which he, his family, and US officials have denied. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEvan Gershkovich, a reporter for The Wall Street Journal, was given a 16-year prison sentence by the Russian court system on Friday, according to the Russian state media news agency TASS. Gershkovich was accused of espionage by Russian officials in a case widely derided as unjust and political.
Persons: Evan Gershkovich, Gershkovich, Organizations: Wall Street, Service, ABC, Business Locations: Russian
CNN —A Russian court resumed the trial of American journalist Evan Gershkovich on Thursday after it was moved forward by one month. Initially slated for August, his trial was brought forward at the request of the defense. The trial is being held behind closed doors and little information on the hearing was immediately available. Gershkovich was arrested while reporting for the Wall Street Journal, during a reporting trip in Yekaterinburg in March 2023, and later accused of spying for the CIA. Gershkovich, the US government, and the WSJ have vehemently denied the charges against him.
Persons: Evan Gershkovich, Gershkovich, Roger Carstens Organizations: CNN, Wall Street, CIA, WSJ, Embassy, TASS Locations: American, Russia, Sverdlovsky, Yekaterinburg
CNN —American citizen Travis Leake has been sentenced to 13 years in a penal colony in Russia, state media RIA Novosti reported Thursday, after he was detained on drug charges last year. A Moscow court had accused the “former paratrooper and musician” of engaging in a narcotics business, according to RIA. Leake pleaded not guilty to the charges, Russian state media TASS said. From January to June 2023, Leake allegedly purchased narcotic drugs from an accomplice in another criminal case, Russian state media reported, citing Moscow’s prosecutor’s office. A second person involved in the case was also found guilty and sentenced to time in a penal colony, Russian state media reported Thursday.
Persons: Travis Leake, , Leake, , ” Leake, Evan Gershkovich, Anthony Bourdain, Moscow’s Organizations: CNN, Novosti, RIA, TASS Locations: Russia, Moscow, Washington, Ukraine, American, Lovi, St . Petersburg
Chinese President Xi Jinping and former U.S. President Donald Trump in Beijing, China, in 2017. "So this is not going to be a sustainable driver of growth for China." China's exports to the U.S. rose by a modest 1.5% in the first half of the year. Citi forecasts 5.0% growth in real GDP growth for China this year. UBS forecasts 4.9% growth for China's economy this year.
Persons: Xi Jinping, Donald Trump, Artyom Ivanov, Goldman Sachs, Trump, JD Vance, Hui Shan, CNBC's, Janet Yellen, Vance, Biden, Mike Pence wouldn't, MAGA, Lin Jian, Goldman's Shan, Shan, Tao Wang Organizations: TASS, Getty, BEIJING, U.S, European, Citi, Fox News, Trump, Capitol, China's Ministry of Foreign Affairs, CNBC, UBS Investment Bank, UBS Locations: Beijing, China, U.S, European Union, Asia, Ukraine
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
Modi, who leads the world’s biggest democracy, has propped Putin up by making India one of a few loyal customers of Russian oil and gas throughout the two-year war in Ukraine. For all the controversies over nuclear power, it’s a zero-carbon form of energy when generated and it’s fast becoming part of many countries’ answer to the climate crisis. “Clearly the Kremlin has decided that would be a good idea, and some countries are keen to expand their own nuclear power production. It changed its tune in May, when it banned Russian uranium imports, and is on a quest to rapidly develop its own industry to produce HALEU to fuel its own next-generation reactors. It can only benefit India being part of closer collaboration in the Arctic.”She added that India was also benefiting from processing Russian crude oil.
Persons: Vladimir Putin, Narendra Modi, Putin, Modi, Modi’s, ” Elisabeth Braw, Gavriil, Biden, , Alan Ahn, GAVRIIL GRIGOROV, ” Braw Organizations: CNN, Indian, TASS, Atlantic Council’s Transatlantic Security Initiative, ., Getty, Energy, Washington DC, Getty Images Locations: Moscow, Russia, Ukraine —, India, Ukraine, Europe, . Russian, AFP, China, United States, Washington
Two people were killed and at least 16 others were injured in the strike on Kyiv’s Okhmatdyt hospital. Rescuers work at Ohmatdyt Children's Hospital that was damaged during a Russian missile strikes, in Kyiv, Ukraine July 8, 2024. Reducing the trade imbalance would be a “matter of priority” in Modi’s discussions with Putin, he said, ahead of the trip. Russian Presidential Aide Yury Ushakov said the Kremlin attaches “primary importance” to Modi’s visit, Russian state-run news agency TASS reported. Biden called Russian missile strikes in Kyiv – including on the children’s hospital – a “horrific reminder of Russia’s brutality,” in a statement Monday evening.
Persons: Volodymyr Zelensky, , Narendra Modi, Vladimir Putin, Putin, ” Zelensky, Gleb Garanich, Iryna Filimonova, Volker Turk, Modi, ” Putin, , Modi’s, Matthew Miller, Randhir, Yury Ushakov, Joe Biden, Biden, ” Biden Organizations: CNN, Indian, Ohmatdyt, United, Kremlin, US State Department, UN, United Nations, NATO, Russian Locations: Moscow, Russian, Kyiv, Novo, Ogaryovo, Russia, Ukraine, Dnipro, Kryvyi, United Nations, Ukrainian, India, Delhi, China, Western, United States, Washington
CNN —Moscow has vowed to respond to Ukrainian attacks within its borders after a drone set on fire a warehouse allegedly storing munitions, prompting a state of emergency in Russia’s south-western Voronezh region. The drone attack took place in a settlement in the Podgorensky district, Voronezh governor Aleksandr Gusev said Sunday. “Several UAVs were detected and destroyed by on-duty air defense forces over the territory of the Voronezh region last night. Russia’s Defense Ministry said on Sunday that Ukrainian drone attacks had also been intercepted Saturday night in the border region of Belgorod. Meanwhile, Russian attacks in Ukraine also continued on Sunday, injuring at least two people in the Kharkiv region, according to local authorities.
Persons: CNN —, Aleksandr Gusev, ” Gusev, , Sergey Lavrov, ” Lavrov Organizations: CNN, Security Service of Ukraine, Russian, NATO, Russia’s Defense Locations: CNN — Moscow, Russia’s, Voronezh, Podgorensky, Ukraine, Ukrainian, United States, Russia, Belgorod, Kharkiv, Kherson
Russia's President Vladimir Putin meets with Hungary's Prime Minister Viktor Orban at the Kremlin in Moscow on July 5, 2024. Russia's closest European ally, Hungarian Prime Minister Viktor Orban, has drawn ire from the EU over his Friday trip to meet Kremlin leader Vladimir Putin in Moscow. Orban's trip to Moscow has also drawn the wrath of European officials, who questioned his authority to represent the bloc. Also referencing Orban's visit, European Commission President Ursula von der Leyen warned that "appeasement will not stop Putin. Only unity and determination will pave the path to a comprehensive, just and lasting peace in Ukraine."
Persons: Vladimir Putin, Viktor Orban, Orban, Putin, Volodymyr Zelenskyy, Zelenskyy, " Orban, Josep Borrell, Ursula von der Leyen, Donald Trump Organizations: Hungary's, Kremlin, EU, NATO, Reuters, Ukrainian Foreign Ministry Locations: Moscow, Russia's, Hungarian, Ukraine, Hungary, Russia, Europe, Brussels, EU
CNN —Indian Prime Minister Narendra Modi will visit Moscow next week for the first time since Russia invaded Ukraine, a sign of the growing relationship between the two countries even as New Delhi maintains strong ties with the United States. Modi’s visit is widely seen as the latest dent in efforts by Western leaders to cast Putin aside. India’s ties with Russia date back decades to the Cold War and have remained strong despite repeated sanctions on Moscow from Western governments. Confirmation of Modi’s visit comes as Russia draws ever closer to China, potentially making New Delhi uncomfortable due to its longstanding Himalayan border dispute with Beijing that has simmered in recent years. But Modi’s visit is set against the backdrop of India’s growing relations with the US, as both countries share concerns over China’s assertiveness in the Indo-Pacific region.
Persons: Narendra Modi, Modi, Vladimir Putin, ” Modi’s, China –, Modi’s, Putin, Xi Jinping, , Dmitry Peskov, Kim Jong Un, China’s, Joe Biden, Gan Organizations: CNN, Indian, India’s Ministry, External Affairs, Kremlin, Russia, United Nations Security Council, Shanghai Cooperation Organization, SCO, US, North Locations: Moscow, Russia, Ukraine, Delhi, United States, India, China, Western, New Delhi, Beijing, Kazakhstan, Pyongyang, Brazil, South Africa, Washington, Japan, Australia,
CNN —Russia’s southernmost Dagestan province has announced a temporary ban on the wearing of niqabs, a full-face veil with an opening for the eyes, as a security measure following deadly attacks by gunmen last month. The niqab ban is to take place until “the identified threats are eliminated and a new theological conclusion is issued,” deputy head of the Mufti of Dagestan Abdulla Salimov said in a video message Wednesday. The duration of the ban depends on the development of the situation in the region,” he said. Bastrykin blamed “Islamist terrorists” for the deadly shooting in Dagestan. No group has yet claimed responsibility for the attacks, but law enforcement agencies told Russian state media TASS that the attackers are “adherents of an international terrorist organization.”
Persons: , Dagestan Abdulla Salimov, Dagestan Muhammad Muhammadov, ” Alexander Bastrykin, , Bastrykin Organizations: CNN, Gunmen, EA Regnum, Center, TASS Locations: Dagestan, Russian, North Caucasus, Russia
Read previewTwo Russian submarines recently fought a torpedo duel, conducting training that involved detecting enemies, evading attacks, and working combat maneuvers. The exercises took place in the Baltic Sea, waters sometimes referred to as a "NATO lake" due to its waters being surrounded by NATO allies since Sweden and Finland ascended into the alliance. The Kilo-class, diesel-electric submarines Novorossiysk and Dmitrov held a training duel involving torpedo fire, according to Russian state-run media TASS. After wrapping up the torpedo training, the two Russian submarines went on to conduct other combat exercises in the Baltic Sea, Russian media said. Ships from NATO navies sail in formation in the Baltic Sea during the exercise Baltic Operations 2023.
Persons: , Shawn Coover Organizations: Service, NATO, Business, Russian Kilo, Ships, US Marine Corps, Staff Locations: Baltic, Sweden, Finland, Novorossiysk, Dmitrov, Russian, Russia, Ukraine, Denmark, Germany, St, Petersburg, Primorsk, Kaliningrad, Moscow
CNN —Russian state media claimed Sunday that American rapper and producer Kanye West is visiting Moscow, but CNN has not been able to independently verify he is actually there. West, who now goes by Ye, arrived in Moscow on a private visit, according to the brand team for Russian designer Gosha Rubchinskiy, state media TASS reported. West himself allegedly posted on the Russian social media website VK on Sunday saying, “Hi, Moscow,” according to state media RIA Novosti. Several videos have emerged in Russian media purporting to show West and his security guards in Moscow, but he is not clearly identifiable in the footage. Luzhniki Stadium told Russian state media that there is no information about a Kanye West concert set to take place in the capital.
Persons: Kanye West, Ye, Gosha Rubchinskiy, Rubchinskiy, West, Hi, Yana Rudkovskaya, West’s, , , Eduard Ratnikov Organizations: CNN, TASS, VK, Novosti, Luzhniki, Kanye, TCI Locations: Moscow, West, Russian, , American, Ukraine
The attacks, which killed around 20 people, raised major questions about whether the Kremlin has the resources to protect its citizens back home while pursuing its war in Ukraine. The attacks also illustrated "the diverse range of militant actors Russia has angered through its domestic and foreign policy actions," he added. North CaucasusRussia's North Caucasus region has a long history of rebellion against Kremlin rule, especially in Chechnya, where Russia battled separatists in two bloody wars — in 1994-1996 and then in 1999-2009. Despite Sunday's incident being the second major terrorist attack in just three months, Russian security services "have not really changed their strategy," Harold Chambers, a political and security analyst specializing in the North Caucasus, told BI. Russia's security services "do not seem to possess the same level of intelligence about threats — or, if they do, they are not acting on it," Youngman added.
Persons: , Molotov, Lucas Webber, Wilayat Kavkaz, Vladimir Putin, Mark Youngman, Youngman, STRINGER, Webber, Russia's, Harold Chambers, Chambers Organizations: Service, Kremlin, Business, Soufan, Dagestan region's, Center for, Washington DC, Anadolu, Getty, Islamic, Tass, Federal, Crocus City Hall, Islamic State Locations: Russia's, Dagestan, Ukraine, New York, Russia, Northern Caucasus, North Caucasus, Washington, Makhachkala, Derbent, Russian, Rostov, Crocus, Moscow, Tajikistan, Dagestan's, Caucasus, Chechnya, Syria, Iraq, Islamic State, Africa, Iran
Russia's navy is set to receive more than 40 vessels this year, Vladimir Putin said on Thursday. Putin says Russia's naval upgrades will "drastically improve its combat potential." AdvertisementRussia has been working hard to bolster its naval capabilities, the country's leader Vladimir Putin said on Thursday. "A lot has been done in this area, as our navy is getting new ships," Putin said during a meeting on shipbuilding issues, according to Russian state media outlet TASS. Russia's navy is set to receive more than 40 ships and boats this year, said Putin.
Persons: Vladimir Putin, Putin, Organizations: Service, Business Locations: Ukraine, Russia
Preparations are being made for Modi’s visit to Moscow and dates will be announced soon, Kremlin spokesperson Yuri Ushakov said, according to Russia’s state-owned TASS news agency. “I can confirm that we are preparing a visit by the Prime Minister of India,” he said, according to TASS. India’s ties with Russia date back decades to the Cold War and have remained strong despite repeated sanctions on Moscow from Western governments. At the same time, India’s ties with the United States have grown stronger, amid shared concerns over China’s assertiveness in the Indo-Pacific region. Modi met with US President Joe Biden during a state visit to Washington last June, in a trip further cementing their defense, trade and technology partnership.
Persons: Narendra Modi, Yuri Ushakov, , India’s, Modi, Vladimir Putin, Putin, China –, China’s, Joe Biden Organizations: CNN, Indian, TASS, Affairs, Shanghai Cooperation Organization, Russia, United Nations, Kremlin, SCO Locations: Russia, Ukraine, Washington, Moscow, India, Russian, Uzbekistan, New Delhi, Western, China, United States, , Japan, Australia
CNN —A mixed martial arts fighter and relatives of a regional official were among the gunmen who carried out attacks on places of worship in Russia’s Dagestan on Sunday, according to local authorities. Russian state news agency TASS, quoting law enforcement agencies, reported Monday that five of the attackers who targeted the cities of Derbent and Makhachkala on Sunday had been identified. Some of the attackers were from the Sergokalinsky district, which lies between the two cities, and were related to the head of the district, TASS reported. Former mixed martial arts fighter Gadzhimurad Kagirov – a cousin of the head of the Sergokalinsky district Magomed Omarov – was among those who attacked sites in Derbent, according to TASS. A son and a nephew of Omarov were also among the attackers, TASS reported.
Persons: Gadzhimurad, , Omarov, Sergei Melikov, Melikov, Organizations: CNN, Gunmen, TASS, United Locations: Russia’s Dagestan, Derbent, Makhachkala, Sergokalinsky, Dagestan, Russian, United Russia
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