DIRS.INFO The most relevant business & tech news

☆ Putin appointed his former bodyguard to take over Russia's military response to the Kursk invasion, local lawmaker says
▼ + stars: | 2024-08-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Kursk State Duma deputy Nikolai Ivanov told Russian broadcaster RTVI on Tuesday that Putin had met personally with Alexei Dyumin, who was made secretary of the State Council in May. Ivanov said Putin told Dyumin to supervise military operations in Kursk, with the primary goal of ousting Ukrainian forces that invaded the Russian border region last week. Dyumin, seated second from Putin's right, attended a leading of Russia's top brass about the Kursk invasion. Related storiesWhen the now-deceased head of the Wagner Group, Yevgeny Prigozhin, staged a rebellion against Putin, Dyumin was rumored to have been instrumental in orchestrating negotiations. wrote state media military correspondent Alexander Sladkov on Tuesday.

Persons: —, Vladimir Putin, Nikolai Ivanov, Putin, Alexei Dyumin, Aleksey Gennadyevich Dyumin, Ivanov, RTVI, Dyumin, Valery Gerasimov, Alexander Bortnikov, Yevgeny Prigozhin, It's, Rybar, Alexander Sladkov Organizations: Service, Duma, RTVI, State Council, Business, Ukrainian, Bloomberg, Federal Security Services, Russian Presidential, Putin, Wagner Group Locations: Kursk, Russian, Crimea, Tula, Washington, Ukraine, Kyiv

☆ Here is what Ukraine probably wants from its wild assault on Russian territory
▼ + stars: | 2024-08-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

Read previewUkraine has surprised the world with its attack on Kursk, a rare ground invasion of Russian soil. As of Monday, the Kremlin announced that Ukrainian troops had advanced almost 19 miles into the western Russian region. In a public meeting that afternoon, Russian President Vladimir Putin instructed his military to purge Ukrainian troops from Kursk. Matthew Savill, director of military sciences at the London-based Royal United Services Institute, assessed on Monday that some Russian troops had been moved from within Ukraine, but the scale is unclear. He said this would likely only be incidental to Ukraine's main strategic goal in the Kursk attack.

Persons: —, Patrick Bury, Vladimir Putin, We're, Matthew Ford, Ford, Matthew Savill, Savill, Russia's, West, Ukraine —, Bury, we've, they've, Putin, Vladimir, Peter Dickinson Organizations: Service, UK's University of Bath, Kremlin, Business, Agence France, Presse, BI, UK's University of Sussex, Royal United Services Institute, West Ford, Ukraine, Pentagon, Trump, Atlantic, Moscow Times Locations: Ukraine, Kursk, Russian, Russia, Kyiv, London, Kharkiv

☆ Ukraine's audacious invasion of Russian territory is a massive blow to Putin's power
▼ + stars: | 2024-08-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

But as the scale of the attack became clearer, with thousands of Ukrainian troops advancing up to 6 miles into Russia, Russian President Vladimir Putin hurried to contain the fallout. Ukraine's attack catches Russia off guardA Russian military video showing a Ukrainian tank during an attack on the Kursk region in Russia in August. It's led to fierce criticism of the Kremlin from ultranationalist bloggers, who've questioned why the Russian military was so unprepared and criticized chaotic attempts to evacuate civilians. Putin has so far been able to avoid major domestic unrest from the two-year war — despite the vast casualties it's inflicted on the Russian military. But the 2023 rebellion by the Russian mercenary group Wagner exposed Putin's vulnerability to blowback from events in Ukraine.

Persons: —, Vladimir Putin, Alexei Smirnov, Putin, Vladimir Putin's, It's, who've, Bryden Spurling, Callum Fraser, Russia aren't, Wagner, Russia's, Fraser, Spurling, STRINGER, Ukraine's, Maxim Alyukov, it'll, Alyukov Organizations: Service, Kremlin, Business, Anadolu, Russian MOD, RAND Corp, Royal United Services Institute, Wagner, Don, Getty, King's College London Locations: Ukraine, Russia's Kursk, Russia, Russian, Kursk, US, Kharkiv, London, Rostov, Moscow

☆ Ukraine says it sank a $300 million Russian submarine in what would be yet another hammering for Putin's Black Sea Fleet
▼ + stars: | 2024-08-04 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Ukraine says it sank a Russian Black Sea Fleet submarine in Crimea. The Kilo-class submarine Rostov-on-Don was hit in Sevastopol, Ukraine's military said. Ukraine has relentlessly targeted Russia's Black Sea Fleet since the war began. AdvertisementUkraine says it struck and sank a Russian Black Sea Fleet submarine and damaged a number of prized S-400 air defense systems in Crimea. "The destruction of the Rostov-on-Don proves once again that there is no safe place for the Russian fleet in the Ukrainian territorial waters of the Black Sea," it added.

Persons: Don, — Organizations: Sea Fleet, Fleet, Service, Staff, Ukrainian Armed Forces, Business Locations: Ukraine, Russian, Crimea, Rostov, Sevastopol

☆ Ukraine says it sank a $300 million Russian submarine in what could be another big blow to Putin's Black Sea Fleet
▼ + stars: | 2024-08-04 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Persons: Don, — Organizations: Sea Fleet, Fleet, Service, Staff, Ukrainian Armed Forces, Business Locations: Ukraine, Russian, Crimea, Rostov, Sevastopol

☆ Exchanged prisoner Yashin condemns his 'illegal expulsion' from Russia
▼ + stars: | 2024-08-03 | by ( ) www.cnbc.com time to read: +2 min

The prisoner swap, the largest since the Cold War, saw eight Russians, including a convicted murderer, exchanged for 16 prisoners in Russian and Belarusian jails, many of them dissidents. "What happened on Aug. 1 I don't view as a prisoner swap ... but as my illegal expulsion from Russia against my will, and I say sincerely, more than anything I want now to go back home," he added. He was speaking alongside activists Vladimir Kara-Murza and Andrei Pivovarov at the freed prisoners' first public appearance since arriving in Germany. On their second day out of prison, where they had had limited contact with the outside world, Kara-Murza and Yashin especially seemed fired with resolve, and to have kept abreast of world events. Pivovarov agreed: "We will do everything to make our country free and democratic, and get all political prisoners released."

Persons: Ilya Yashin, Vladimir Putin, Alexei Navalny, Yashin, Putin's, Vladimir Kara, Murza, Andrei Pivovarov, Putin, Kara, Pivovarov, Dmitry Medvedev Organizations: Western, Kremlin Locations: Russian, Ukraine, Bonn, Russia, Germany, Moscow

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch 'Putin's Trader' — the biggest insider trading ring on Wall Street is in the KremlinRussian oligarch Vladislav Klyushin was the owner of a cybersecurity company in Moscow called M-13, but the firm was secretly a front for a hacking and insider trading operation that plagued Wall Street for years, generating more than $90 million in illicit profits. With exclusive access to the investigators who chased Klyushin around the globe, and an interview with a former Russian spy, CNBC's Eamon Javers reveals the shocking details of this audacious criminal enterprise.

Persons: Vladislav Klyushin, Klyushin, CNBC's Eamon Javers Organizations: Kremlin Locations: Moscow, Russian

☆ The US tried to secure Alexey Navalny's release in a historic prisoner swap with Russia before his death
▼ + stars: | 2024-08-01 | by ( Lloyd Lee | Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Several countries, including the US, carried out a major prisoner swap with Russia on Thursday. The US wanted Alexey Navalny, Putin's most vocal political dissident, to be part of the deal. The Wall Street Journal reported that Putin was open to the idea before Navalny's death in a Russian prison. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVladimir Putin was open to releasing Alexey Navalny, the Russian leader's fiercest critic and political rival whose unexpected death in an Arctic penal colony sparked international backlash, as part of Thursday's historic prisoner swap, according to The Wall Street Journal.

Persons: Alexey Navalny, Putin, —, Vladimir Putin, Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, Vladimir Kara, Murza Organizations: Russia, Street Journal, Service, Wall Street Journal, Street, Washington Post, Business Locations: Russian, American

☆ With a NATO war and Ukraine's knack for shooting down planes in mind, Russia is holding back its airpower and most advanced jets
▼ + stars: | 2024-07-31 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +13 min

Read previewRussia has kept much of its airpower and some of its most advanced aircraft out of the war in Ukraine. But Baum and other air warfare experts have warned Russia's air force should not be underestimated and cautioned that NATO should be ready. AdvertisementRussia's air force is weaker than NATO's airpower, but Russia's war in Ukraine shows it can still cause a lot of damage. Russia's air force has suffered high attrition rates from Ukraine's ground-based air defenses when operating in the country. Related storiesHe said that Russia "has a lot of trouble replacing lost advanced aircraft," only making a few a year.

Persons: —, John Baum, Su, Andrew Curtis, Curtis, Michael Clarke, Christopher Cavoli, it's, Clarke, Evelyn Hockstein, Baum, Peter Layton, Layton, Volodymyr Zelenskyy, Jens Büttner, Russian Sukhoi Su, Nicola Marfisi, Russia's, There's, Sukhoi Su, Aleksey Nikolskyi, REUTERS George Barros, Jake Epstein, Gustav Gressel, Tim Robinson, Russia's Su, Robinson, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Service, NATO, Mitchell Institute, US Air Force, Business, UK Ministry of Defense, Russian Air Force, Royal Air Force, REUTERS, Ukraine, Griffith Asia Institute, Royal Australian Air Force, Russian, Getty Images Air, Getty Images, it's, Sukhoi, Sputnik, European Council, Foreign Relations, UK's Royal Aeronautical Society, Getty Locations: Russia, Ukraine, Europe, Washington, NATO, Russian Sukhoi, Ukrainian, Moscow, Kremlin, AFP

☆ 'Pulsating' mechanized assaults in Ukraine may reflect the limit of Russia's offensive abilities, war analysts say
▼ + stars: | 2024-07-31 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Conflict analysts say these armored assaults are constrained to specific areas and may reflect the limits of Moscow's offensive power and inability to execute a large-scale, multi-directional offensive operation. AdvertisementThese "periodic and pulsating Russian mechanized assaults likely represent the extent of Russia's current offensive capacity, and Russia is unlikely to mount a distinct new summer offensive operation due to material and manpower constraints," the analysts wrote in an assessment on Wednesday. Photo by Diego Herrera Carcedo/Anadolu via Getty ImagesThe analysts said Russia has struggled throughout the war to stage multiple large-scale offensive operations simultaneously. In late June, ISW noted that "Russian forces continue to prioritize gradual advances through consistent grinding assaults over operationally significant gains through rapid maneuver." The analysts said that Russia aims to "win a war of attrition against Ukrainian forces," exhausting its manpower and materiel.

Persons: —, Diego Herrera Carcedo, John Kirby, Ukraine —, Russia's, Kirby, Vladimir Putin's, ISW Organizations: Service, Business, Institute for, Getty, Ukraine's, White House National Security Council, Ukrainian Locations: Ukraine, Donetsk, Moscow, Russia, Toretsk, Anadolu, Kharkiv, Ukrainian, Russian

☆ Putin's Wagner Group mercenaries got thrashed in the African desert — and Ukraine says it helped
▼ + stars: | 2024-07-30 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewUkraine's defense intelligence claimed a role in a recent battle in Africa — where separatist rebels destroyed a detachment of Russian Wagner Group mercenaries fighting overseas. The paper published a photograph of Malian separatist forces holding up a Ukrainian flag, an apparent expression of solidarity with the country. The battle killed Wagner Group commander Sergei Shevchenko, Razguzra Vagnera said. The separatist group that claimed responsibility for the attack is the Permanent Strategic Framework for Peace, Security and Development, or CSP-PSD, the BBC reported. The CSP-PSD opposes Mali's junta, which has been propped up by the Wagner Group for several years.

Persons: —, Andriy Yusov, Razgruzka, Wagners, Wagner, Sergei Shevchenko, Razguzra Vagnera, Nikita Fedyanin, Nusrat al, Muslimin, Assimi Goïta, Goïta, ACSS, Yevgeny Prigozhin Organizations: Service, Russian Wagner Group, Main Intelligence, Kyiv Post, Business, Wagner, Malian, BBC, Russian Telegram, Astra, BI, Telegram, Wagner Group, Peace, Security, PSD, Mali's, Pentagon, Africa Center, Strategic Studies, Group Locations: Africa —, Ukraine, Kyiv, Russia, Tinzaouaten, Mali, Russian, Islam, Africa

☆ The Crimes of Putin’s Trader
▼ + stars: | 2024-07-29 | by ( Eamon Javers | ) www.cnbc.com time to read: 1 min

Follow and ListenApple PodcastsSpotifyAmazon MusiciHeartRadioAbout The Crimes of Putin's TraderHosted by CNBC Senior Washington Correspondent Eamon Javers, this is the secret story of a young Russian oligarch who hacked his way to an illicit $93 million fortune...and the FBI team who finally brought him to justice. For generations, insider trading on Wall Street has been a crime of the American rich: the stereotype of corporate executives passing stock tips at country clubs was not far off. But new cyberwarfare techniques, and an aggressive anti-Western Putin regime in Moscow have turned this kind of insider corruption into an attack from the outside on the American economy itself, with profound implications for all of us who have retirement accounts, investments, or work in corporate America.

Persons: Eamon Javers Organizations: CNBC Senior Washington, FBI, Western Putin Locations: Russian, Western, Moscow, America

☆ India and China joined Russia's Navy Day celebrations as Putin tries to project anti-Western group
▼ + stars: | 2024-07-29 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Russia's Navy Day saw participation from India and China, bolstering Putin's anti-Western ties. There was a notable absence of Russia's Black Sea Fleet at the parade, after losses to Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia's Navy Day saw warships from India and China join the celebrations as President Vladimir Putin sought to project the strength of his anti-Western alliance. China sent the Jiaozuo, a Type 052D destroyer, and India sent the Tabar, a stealth frigate, to the naval parade in St Petersburg on Sunday, according to Russia's foreign ministry.

Persons: Putin, —, Vladimir Putin, La Organizations: Russia's, Service, 052D, Business Locations: India, China, Ukraine, Germany, St Petersburg, Algeria

☆ Putin's favorite European leader is being shunned and shammed by his peers
▼ + stars: | 2024-07-23 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

Hungary's leader, Viktor Orbán, is notably warmer to Putin than many in Europe, leaving him isolated. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHungary's Prime Minister, Viktor Orbán, is being condemned by the European Union because of his close ties to Russia. Orbán was stripped of his right to host the EU's Foreign Affairs Council meeting in Budapest in August over his relationship with Russian President Vladimir Putin. The meeting, where EU foreign and defense ministers informally discuss international issues, is traditionally hosted by the rotating president of the EU Council, which for now is Hungary.

Persons: Josep Borrell, Viktor Orbán, —, Orbán, Vladimir Putin Organizations: EU, Service, Hungary's, EU's Foreign, EU Council, Business Locations: Hungary, Brussels, Europe, European Union, Russia, Budapest

☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

Persons: —, Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian

☆ The 'humiliating' retreat of Russia's fleet from Crimea proves its threats don't mean anything, expert says
▼ + stars: | 2024-07-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Russia has pulled its last Black Sea Fleet warship from Crimea, per a Ukrainian navy spokesperson. The retreat exposes the emptiness of Russia's red lines and nuclear threats, a Ukraine expert said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Russian Black Sea Fleet's "humiliating" retreat from Crimea has exposed the emptiness of the country's red lines, according to a military observer. Peter Dickinson, the editor of the Atlantic Council's UkraineAlert online publication and chief editor of Business Ukraine Magazine, made the analysis in an Atlantic Council blog post on Tuesday.

Persons: Peter Dickinson, Putin, — Organizations: Service, Business Ukraine Magazine, Atlantic Council, Business Locations: Russia, Crimea, Ukrainian, Ukraine

☆ Putin has ramped up air defenses at his palace to protect it from Ukrainian drones: report
▼ + stars: | 2024-07-17 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Russia has moved much-needed air defenses close to Putin's Valdai Palace, Radio Liberty reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia appears to be straining its air defenses to better protect one of President Vladimir Putin's palaces. Russia has moved another air defense installation close to Putin's lakeside Valdai Palace to protect it from Ukrainian drones, Radio Liberty reported. The Pantsir-S1 system is located on Ryabinovy Island, the outlet reported, about 3.3 miles from Putin's famed Valdai Palace complex.

Persons: Putin's, —, Vladimir Putin's Organizations: Radio Liberty, Service, Business Locations: Russia, Putin's, Ukrainian, Ryabinovy, Valdai

☆ Russia's navy pulled its last patrol boat from Crimea, Ukraine says, after getting pummelled for months
▼ + stars: | 2024-07-16 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Read previewRussia has pulled its last Black Sea Fleet warship out from Crimea, according to a Ukrainian official. "The last patrol ship of the Russian Black Sea Fleet is leaving our Crimea right now. If true, it could mark the end of Russia's Black Sea Fleet presence around Crimea. Earlier this year, Ukraine's military claimed to have destroyed a third of Russia's Black Sea Fleet. Advertisement"Ukraine is slowly but steadily getting the upper hand in the Black Sea," he told BI, adding that Russia's Black Sea Fleet "has lost control of the Black Sea."

Persons: —, Dmitry Pletenchuk, Pletenchuk, Ukraine didn't, Basil Germond, Germond, Vladimir Putin Organizations: Service, Fleet, Naval Forces of, Armed Forces of, Business, Armed Forces, Ukrainian, Sevastopol Naval Base, Black, UK's Ministry of Defence, Kyiv Independent, Lancaster University, Montreux Convention, NATO Locations: Russia, Crimea, Armed Forces of Ukraine, Russian, Ukrainian, Ukraine, Sevastopol, Kerch, Feodosia, Novorossiysk, Kyiv, Baltic, Northern

☆ Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says
▼ + stars: | 2024-07-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

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 is already fighting NATO, just not with tanks and fighter jets, argues a former top US general
▼ + stars: | 2024-07-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Recent covert acts of sabotage are far from the level of aggression and brutality that Russia has put on display in Ukraine. But make no mistake, a former top US general argued this week, Moscow is already fighting NATO. "We face wider Russian aggression directed at our own democracies, from hybrid attacks to threats in the high north," he added. "We, ourselves, have been experiencing hybrid attacks from Russia for decades, so that's why the threat has been quite clear, what we're facing." The Russian hybrid attacks were a notable discussion point on the sidelines of the NATO summit in Washington this week.

Persons: —, Ben Hodges, Vladimir Putin's, Vladimir Putin, Pavel Byrkin, John Healey, We've, Andris Sprūds, Healey, Hodges, Antony Blinken, Blinken, It's Organizations: Service, NATO, Business, US Army, NATO Public Forum, Ukraine, Security, Sputnik, Public, Latvian Defense, Alliance Locations: Russia, Ukraine, Moscow, US Army Europe, Washington ,, Russian, Baltic, Washington

☆ Clarence Thomas accepted a free yacht trip to Russia and got flown out on a complimentary helicopter ride to Putin's hometown, 2 Democratic senators say
▼ + stars: | 2024-07-11 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Democratic senators have accused Justice Clarence Thomas of accepting undisclosed gifts and trips. He allegedly accepted gifts like a yacht trip and a chopper ride to St. Petersburg, Putin's hometown. Senators seek investigation into potential tax fraud and financial ties between Thomas and Crow. AdvertisementTwo Democratic senators have accused Associate Justice Clarence Thomas of accepting free trips to Russian President Vladimir Putin's hometown. The letter highlighted the "serious possibility of tax fraud" and accused Thomas of having "secretly accepted gifts and income potentially worth millions of dollars."

Persons: Clarence Thomas, Putin's, Thomas, —, Vladimir Putin's, Sen, Sheldon Whitehouse, Ron Wyden, General Merrick Garland, SCOTUS Organizations: Service, Oregon, Business Locations: St . Petersburg, Rhode Island

☆ CNBC's Inside India newsletter: Modi in Moscow. What’s new?
▼ + stars: | 2024-07-11 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

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

☆ NATO condemns China as a 'decisive enabler' of Russia's war in Ukraine in sternest rebuke to date
▼ + stars: | 2024-07-11 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

In NATO's most serious denunciation of China to date, the military coalition labeled Beijing a "decisive enabler" of Russia in its ongoing war in Ukraine and expressed concerns over its nuclear arsenal and "systemic challenges" to the coalition's security. "The PRC has become a decisive enabler of Russia's war against Ukraine through its so-called 'no limits' partnership and its large-scale support for Russia's defence industrial base," a NATO communique said Wednesday, on the second day of a Washington summit celebrating the alliance's 75th anniversary. Earlier this week, Beijing started joint military exercises with Russia's close ally Belarus at a training ground mere miles away from the Polish border, the Belarusian Defense Ministry said in a Google-translated Telegram post. On the February 2023 first-year anniversary of the Ukraine war, China — which a month later successfully capitalized on goodwill earned as a trade partner to broker a reconciliation between arch-enemies Iran and Saudi Arabia — pitched a peace framework for the conflict between Moscow and Kyiv. It, like Ukrainian President Volodymyr Zelenskyy's peace plan and Kremlin leader Vladimir Putin's own recent conditions to ignite diplomatic negotiations, has so far failed to gain traction.

Persons: Xi Jinping, Russia's, Saudi Arabia —, Volodymyr Zelenskyy's, Vladimir Putin's Organizations: NATO, West, Belarusian Defense Ministry Locations: China, Beijing, Russia, Ukraine, Washington, Moscow, Belarus, Polish, Iran, Saudi Arabia, Kyiv

☆ Putin's war of attrition is coming at a massive cost, with 5,000 soldiers killed or injured in the battle for one neighborhood
▼ + stars: | 2024-07-11 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Read previewRussia's war of attrition in Ukraine is coming at a huge cost in killed and injured troops, with a Ukrainian official claiming Russia suffered 5,000 casualties in battles for one neighborhood alone. Related storiesHavrylyuk pointed to massive Russian casualties he said its military was sustaining, claiming that 5,000 Russian troops were killed or injured in battles for control of a single district in the strategically vital town of Chasiv Yar in Donetsk, east Ukraine. AdvertisementThe hilltop town has been the scene of ferocious fighting in recent weeks, with Russian forces managing to seize control of a district last week. The ISW said that high casualties were part of Russian President Vladimir Putin's strategy to grind out a victory in Ukraine through a war of attrition.

Persons: —, Ivan Havrylyuk, Havrylyuk, Putin, Vladimir Putin's Organizations: Service, Business, Russian, Institute for Locations: Ukraine, Russia, Ukrainian, Chasiv Yar, Donetsk, US, Kharikiv, Russian

☆ The West's attempts at isolating Russia just took another big blow
▼ + stars: | 2024-07-10 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewIndian Prime Minister Narendra Modi made Russia the destination of his first bilateral visit after securing a historic third term in office. On Monday, the US State Department said it has raised concerns with New Delhi about India's relationship with Russia. AdvertisementModi's advances toward Putin come less than two months after the usually reserved Chinese leader Xi Jinping hugged Putin not once, but twice — dealing another blow to the West's isolation of Russia. India imported about $60 billion of goods a year from Russia in the last fiscal year. "Due to Russia's close ties with China, India can turn to Russia to help defuse crises when bilateral geopolitical tensions flare up between India and China," he added.

Persons: —, Narendra Modi, Vladimir Putin, Volodymyr Zelenskyy, Putin, Xi Jinping, Xi, Modi, Rajiv Biswas, who's, Biswas, Vinay Kwatra Organizations: Service, NATO, Washington DC, Business, US State Department Locations: Russia, Ukrainian, Washington, Moscow, New Delhi, India, China

Search resuls for: "PUTIN'S"

25 mentions found