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☆ Putin Says Past U.S. Elections Were Rigged
▼ + stars: | 2024-01-16 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Russian President Vladimir Putin, running for a new six-year term in an election that his opponents say is a parody of democracy, said on Tuesday that past U.S. elections had been rigged by postal voting. "In the United States, previous elections were falsified through postal voting ... they bought ballots for $10, filled them out, and threw them into mailboxes without any supervision from observers, and that's it," Putin said, without providing evidence. Putin's opponents say the March election in Russia is no real contest as the president wields unchallenged power and his main rival, Alexei Navalny, is serving more than 30 years in jail on charges that Navalny says were trumped up. They say the use of electronic voting creates scope for authorities to manipulate the vote in Putin's favour without detection. (Writing by Maxim Rodionov; Editing by Mark Trevelyan and Kevin Liffey)

Persons: Vladimir Putin, Putin, Alexei Navalny, Navalny, Maxim Rodionov, Mark Trevelyan, Kevin Liffey Organizations: Reuters Locations: United States, Russia

☆ John Belushi Was Just Getting Started
▼ + stars: | 2024-01-13 | by ( Rich Cohen | ) www.wsj.com time to read: +1 min

When a great talent dies young, the world is diminished. You find yourself thinking not only of what that person created but of what that person could have created if he’d had time. For me, there is no purer case of the-acorn-that-would-have-become-the-oak-had-it-not-been-pancaked-by-the truck than John Belushi, who, had he not died at age 33 in 1982, would turn 75 this month. In a world full of followers, Belushi seemed like the last free man. He lived the showbiz maxim: to do anything original, you must be willing to make a fool of yourself.

Persons: he’d, John Belushi, Belushi Organizations: National Lampoon

☆ Stocks end 2023 with a 4th-quarter rally and many soft landing converts. Breaking down the '24 outlook
▼ + stars: | 2023-12-30 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

.SPX YTD mountain S & P 500, YTD As for the "too far, too fast" argument, it's worth recalling that all the S & P 500 has done is nearly complete an almost-symmetrical two-year round trip. Ned Davis Research U.S. strategist Ed Clissold looked back at prior times the S & P 500 has gone more than a year without making a record high. This is always a tricky proposition – cash that leaves money markets to buy stocks leaves the seller of the stocks with cash. For one thing, $6 trillion is only about 12% of total U.S. equity market cap, near the lower end of its historical range. At the 2009 market low money markets were 50% of equity market cap.

Persons: —, we've, Jason Goepfert, Jeff deGraaf, Ned Davis, Ed Clissold, Jerome Powell, it's, Cash Organizations: Federal Reserve, Fed, Timely, National Association of Active Investment, Ned Davis Research, Investment, of

☆ Temperatures in Siberia dip to minus 50 Celsius as record snow blankets Moscow
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

[1/2] A communal worker cleans snow at the Exhibition of Achievements of National Economy (VDNH) during a heavy snowfall in Moscow, Russia December 3, 2023. REUTERS/Maxim Shemetov Acquire Licensing RightsMOSCOW, Dec 4 (Reuters) - Temperatures in parts of Siberia plummeted to minus 50 degrees Celsius (minus 58 degrees Fahrenheit) while blizzards blanketed Moscow in record snowfall and disrupted flights as winter weather swept across Russia. In the Sakha Republic, located in the northeastern part of Siberia and home to Yakutsk, one of the world's coldest cities, temperatures fell below minus 50 C, according to the region's weather stations. An abnormally early cold snap in Sakha pushed temperatures to even lower than minus 50 C in several areas of Sakha, a vast region just a little smaller than India. Temperatures in Moscow were forecast to fall to about minus 18 C later this week.

Persons: Maxim Shemetov, Lidia Kelly, Guy Faulconbridge, Jamie Freed Organizations: National, REUTERS, Rights, Thomson Locations: Moscow, Russia, Siberia, Sakha Republic, Yakutsk, Sakha, India, Russian, Melbourne

☆ Russia Increases Maximum Size of Armed Forces by 170,000 Servicemen
▼ + stars: | 2023-12-01 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Russian President Vladimir Putin has signed a decree to increase the maximum number of servicemen in the Russian armed forces by 170,000 people, the Kremlin and the Defence Ministry said on Friday. According to the document, the regular strength of the armed forces is now set at 1,320,000 servicemen. "The increase in the full-time strength of the armed forces is due to the growing threats to our country associated with the special military operation and the ongoing expansion of NATO," the Russian defence ministry said. The ministry also said that the increase in the number of servicemen is due to the recruitment of contract personnel, and the military has no plans to significantly increase conscription or carry out a new wave of mobilisation. Former Russian President Dmitry Medvedev, now deputy chairman of Russia's Security Council, said on Friday that more than 452,000 people were recruited to the Russian military under contract from Jan. 1 to Dec. 1 2023.

Persons: Vladimir Putin, Dmitry Medvedev, Maxim Rodionov, Sandra Maler Organizations: Reuters, Kremlin, Defence Ministry, NATO, Russia's Security Locations: Russian

☆ Russian lender Sovcombank eyes valuation of up to $2.5 bln post-IPO
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

A view shows a board with the logo of Sovcombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022. REUTERS/Maxim Shemetov Acquire Licensing RightsMOSCOW, Dec 1 (Reuters) - Russian lender Sovcombank said on Friday it expects a market capitalisation of 200-219 billion roubles ($2.24-$2.46 billion)after its initial public offering (IPO) on Moscow Exchange later this month, the latest in a small flurry of Russian market debuts. Sovcombank said it has already received offers for half of the expected overall offer size from a number of major Russian institutional investors to participate in the IPO. Russian companies have raised around 29 billion roubles this year through IPOs, with listings characterised by small volumes and the presence of domestic retail investors. Pawn broker Mosgorlombard also announced its intention to list on Friday, expecting a free float of 36% after an early-December debut.

Persons: Maxim Shemetov, Sovcombank, Dmitry Gusev, Mosgorlombard, Elena Fabrichnaya, Alexander Marrow, Guy Faulconbridge, Susan Fenton Organizations: St ., Economic, REUTERS, Rights, Thomson Locations: St, St . Petersburg, Saint Petersburg, Russia, Moscow, Ukraine, IPOs

☆ Russia increases maximum size of armed forces by 170,000 servicemen
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +1 min

Russian servicemen line up during a rehearsal for the Victory Day parade, which marks the anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 7, 2021. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsDec 1 (Reuters) - Russian President Vladimir Putin has signed a decree to increase the maximum number of servicemen in the Russian armed forces by 170,000 people, the Kremlin and the Defence Ministry said on Friday. According to the document, the regular strength of the armed forces is now set at 1,320,000 servicemen. "The increase in the full-time strength of the armed forces is due to the growing threats to our country associated with the special military operation and the ongoing expansion of NATO," the Russian defence ministry said. Former Russian President Dmitry Medvedev, now deputy chairman of Russia's Security Council, said on Friday that more than 452,000 people were recruited to the Russian military under contract from Jan. 1 to Dec. 1 2023.

Persons: Maxim, Vladimir Putin, Dmitry Medvedev, Maxim Rodionov, Sandra Maler Organizations: Nazi, REUTERS, Kremlin, Defence Ministry, NATO, Russia's Security, Thomson Locations: Nazi Germany, Red, Moscow, Russia, Russian

☆ American Paul Whelan Assaulted in Russian Prison
▼ + stars: | 2023-11-29 | by ( Matthew Luxmoore | ) www.wsj.com time to read: 1 min

Paul Whelan standing inside a defendant’s cage during a hearing in Moscow three years ago. Photo: maxim shemetov/ReutersPaul Whelan, a U.S. citizen who has been held in Russia since 2018, was assaulted by a fellow inmate after a conflict at his prison east of Moscow, according to the Russian prison service and Whelan’s family. The former U.S. Marine and corporate security executive from Novi, Mich., who is serving a 16-year prison sentence on espionage charges he denies, was taken to the prison’s medical unit on Tuesday with a graze under his eye following a minor altercation with another prisoner, Russia’s state news agency RIA said.

Persons: Paul Whelan, Reuters Paul Whelan, RIA Organizations: Reuters, U.S . Marine Locations: Moscow, U.S, Russia, Novi, Mich

MOSCOW, Nov 29 (Reuters) - Russia's industrial output growth slowed in October as the unemployment rate dropped to a record low 2.9%, federal statistics showed on Wednesday, with deepening labour shortages showing signs of cooling Moscow's military production capacity. Analysts say wages are growing faster than productivity and the central bank has warned of the impact it has on inflation. Industrial output rose 5.3% year-on-year in October, down from a 5.6% rise in September and driven once again by military production. Rosstat said industrial output had grown since March at a monthly rate of more than 5% compared with the corresponding months of 2022. But when discounting seasonal factors, industrial production dropped 0.4% in October, Rosstat said.

Persons: Maxim Oreshkin, Vladimir Putin, Central Bank Governor Elvira Nabiullina, Rosstat, Alexander Marrow, Darya, Alex Richardson, Alexandra Hudson Organizations: Kremlin, Reuters, VW, Central Bank Governor, Alexandra Hudson Our, Thomson Locations: MOSCOW, Russia, Volkswagen's, Moscow, Ukraine, Putin's Russia

REUTERS/Maxim Shemetov Acquire Licensing RightsLONDON, Nov 29 (Reuters) - Former U.S. marine Paul Whelan has been attacked by another inmate in a Russian prison while serving a 16-year sentence on espionage charges, Russia's prison service said on Wednesday, after Whelan's brother publicised the incident. After repeated requests, the prisoner hit Paul in the face, breaking Paul's glasses in the process, and attempted to hit him a second time," Dave Whelan said. The Mordovia regional prison service confirmed to the Interfax news agency that the attack on Whelan had happened. There was CCTV footage of the incident and the prison service was looking into it further before submitting a report to the police, Interfax reported. Arrested in 2018 in Russia, Paul Whelan was convicted of espionage in 2020 and handed a 16-year sentence.

Persons: U.S . Marine Paul Whelan, Maxim Shemetov, Paul Whelan, Whelan, Dave Whelan, Paul, Vladimir Putin, Evan Gershkovich, Andrew Osborn, Guy Faulconbridge, Timothy Organizations: U.S . Marine, REUTERS, U.S, Timothy Heritage, Thomson Locations: Moscow, Russia, Former U.S, Russia's Mordovia, American, Mordovia, Turkey, Washington

☆ Chechen leader's 16-year-old son named to post in rifle battalion
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +2 min

Ramzan Kadyrov, head of Russia's Chechnya, waits before an annual state of the nation address attended by Russian President Vladimir Putin at the Kremlin in Moscow, Russia, December 1, 2016. REUTERS/Maxim Shemetov/File photo Acquire Licensing RightsNov 29 (Reuters) - Chechen leader Ramzan Kadyrov's teenage son, who was shown beating a prisoner in custody this year, has been named as an observer in a new battalion that is part of Russia's defence ministry forces, a senior Chechen official said late on Tuesday. On Tuesday, Adam Delimkhanov, who heads the Chechen division of the Russian national guard and is also a member of Russia's parliament, said the young Kadyrov was named a curator, or observer, of a rifle battalion. The Chechen rifle battalion was created earlier this month, according to Russia's state media. Reporting by Lidia Kelly in Melbourne; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Ramzan Kadyrov, Vladimir Putin, Maxim, Ramzan Kadyrov's, Adam Kadyrov, Adam, Adam Delimkhanov, Kadyrov, Delimkhanov, Lidia Kelly, Raju Gopalakrishnan Organizations: Kremlin, REUTERS, Chechen, Russian, Thomson Locations: Chechnya, Russian, Moscow, Russia, Ukraine, Melbourne

Former U.S. Marine Paul Whelan, who was detained and accused of espionage, stands inside a defendants' cage during his verdict hearing in Moscow, Russia June 15, 2020. REUTERS/Maxim Shemetov Acquire Licensing RightsLONDON, Nov 29 (Reuters) - Former U.S. Marine Paul Whelan was attacked by another inmate in a Russian prison while serving a 16-year sentence on espionage charges, Russia's prison service said on Wednesday, after Whelan's brother publicised the incident. The Mordovia regional prison service confirmed to the Interfax news agency that the attack on Whelan had happened. There was surveillance TV footage of the incident and the prison service was looking into it further before submitting a report to the police, Interfax reported. Arrested in 2018 in Russia, Paul Whelan was convicted of espionage in 2020 and handed a 16-year sentence.

Persons: U.S . Marine Paul Whelan, Maxim Shemetov, Former U.S . Marine Paul Whelan, Whelan, Dave Whelan, Paul, Vladimir Putin, Paul Whelan, Evan Gershkovich, Andrew Osborn, Susan Heavey, Guy Faulconbridge, Timothy Organizations: U.S . Marine, REUTERS, Former U.S . Marine, Embassy, State Department, U.S . State Department, U.S, Timothy Heritage, Thomson Locations: Moscow, Russia, Former, U.S, Russia's Mordovia, American, Mordovia, Turkey, Washington

Charles T. Munger, who quit a well-established law career to be Warren E. Buffett’s partner and maxim-spouting alter-ego as they transformed a foundering New England textile company into the spectacularly successful investment firm Berkshire Hathaway, died on Tuesday in Santa Barbara, Calif. His death, at a hospital, was announced by Berkshire Hathaway. Mr. Buffett has described him as the originator of Berkshire Hathaway’s investing approach. “The blueprint he gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices,” Mr. Buffett once wrote in an annual report. That investing strategy was a revelation for Mr. Buffett, who had made his name in the 1950s buying troubled companies at deep discounts.

Persons: Charles T, Munger, Warren, Berkshire Hathaway, Mr, Buffett, — Forbes, — Organizations: Berkshire Locations: England, Santa Barbara, Calif, Los Angeles, Berkshire

☆ Iran finalises deal to buy Russian fighter jets - Tasnim
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

A Russian Sukhoi Su-35S jet fighter performs a flight during the Aviadarts competition, as part of the International Army Games 2021, at the Dubrovichi range outside Ryazan, Russia August 27, 2021. REUTERS/Maxim Shemetov/File photo Acquire Licensing RightsDUBAI, Nov 28 (Reuters) - Iran has finalised arrangements for the delivery of Russian made Sukhoi su-35 fighter jets and helicopters, Iran's deputy defence minister told Iran's Tasnim news agency on Tuesday, as Tehran and Moscow forge closer military relations. Iran's air force has only a few dozen strike aircraft, including Russian jets as well as ageing U.S. models acquired before the 1979 Islamic Revolution. "Plans have been finalised for Sukhoi Su-35 fighter jets, Mil Mi-28 attack helicopters, and Yak-130 jet trainers to join the combat units of Iran's Army," Iran's deputy Defence Minister Mehdi Farahi said. In 2018, Iran said it had started production of the locally-designed Kowsar fighter for use in its air force.

Persons: Sukhoi Su, Maxim, Iran's, Mehdi Farahi, Elwely, Parisa Hafezi, Alison Williams, Ed Osmond Organizations: International Army, REUTERS, Rights, Sukhoi, Iran's Army, Thomson Locations: Sukhoi, Ryazan, Russia, Rights DUBAI, Iran, Tehran, Moscow, United States

☆ Video shows Ukrainian forces dual wielding World War I-era machine guns out of the back of a pickup truck
▼ + stars: | 2023-11-27 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Photos show Ukrainian forces mounted WWI-era machine guns on a pickup truck. One video captures the moment troops used the antique guns to fire at what appear to be modern drones. AdvertisementUkrainian forces have repeatedly put machine guns with a history dating back to just before World War I into action in their war against Russia. New photos show a pair of the guns mounted onto a pickup truck while a video shows Ukrainians firing them at what observers suspect are Russian drones. The footage shows Ukrainian troops shooting at suspected drones in the sky, aiming the machine guns and firing from the pickup.

Persons: —, Ukraine's Organizations: Service, Ukraine's 118th Territorial Defense Brigade, Imperial Russian Army, 118th Territorial Defense Brigade, Facebook Locations: Ukraine, Russia, Ukraine's

MOSCOW (AP) — The shelves at Moscow supermarkets are full of fruit and vegetables, cheese and meat. But many of the shoppers look at the selection with dismay as inflation makes their wallets feel empty. The bank now forecasts inflation for the full year, as well as next year, to be about 7.5%. Maxim Blant, a Russian economy analyst based in Latvia, sees that as an indication that prices will continue to rise sharply. That keeps the cost of imports high, even as import possibilities shrink due to Western sanctions.

Persons: weathers, can’t, Roxana Gheltkova, Lilya Tsarkova, “, Rosstat, Maxim Blant, that's Organizations: MOSCOW, Central Bank, Associated Press, U.S Locations: Moscow, Ukraine, Russian, Latvia

☆ Russia vows retaliation over Moldova decision to join EU sanctions
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +2 min

[1/2] The state flag of Moldova (L) flies outside the country's embassy in central Moscow, Russia December 18, 2017. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsMOSCOW, Nov 24 (Reuters) - Russia views Moldova's decision to join EU sanctions against it as a hostile step aimed at destroying ties with Moscow and will retaliate, the Russian foreign ministry said on Friday. Among its provisions are regulations concerning action to be taken against individuals and institutions subject to sanctions imposed on Russia in connection with the Kremlin's February 2022 invasion of Ukraine. Sandu has denounced Russia's invasion of Ukraine and accused Moscow of trying to oust her in a coup. Moscow denies the allegations and says Sandu is infusing anti-Russian sentiment in the country lying between Ukraine and Romania.

Persons: Maxim, Maia Sandu's, Sandu, Alexander Tanas, Maxim Rodionov, Andrew Osborn, Marguerita Choy Organizations: REUTERS, Rights, EU, European Union, Moldovan, Maia Sandu's Party of Action, Solidarity, Socialist Party, of Europe, European Commission, Reuters, Thomson Locations: Moldova, Moscow, Russia, Russian, Moldovan, Chisinau, Ukraine, Venice, Romania

☆ Russia's sanctioned Sovcombank requests US licence to make UN climate payments
▼ + stars: | 2023-11-23 | by ( Elena Fabrichnaya | ) www.reuters.com time to read: +2 min

A view shows a board with the logo of Sovcombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022. "We have funds in foreign currency for these payments, but we have not received any response from them yet, unfortunately." Avtukhov said Sovcombank was in dialogue with the UN on the matter. "We have not suspended our membership in international organisations," Avtukhov, who also sits on Sovcombank's board, said. There are certain difficulties with making payments in general for Russian participants of this programme," Avtukhov said.

Persons: Maxim, Sovcombank, Mikhail Avtukhov, Avtukhov, Elena Fabrichnaya, Alexander Marrow, Kirsten Donovan Organizations: St ., Economic, REUTERS, U.S . Treasury, United, Reuters, European Union, Foreign Assets, United Nations Environment, Finance Initiative, U.S, Treasury, UN, Thomson Locations: St, St . Petersburg, Saint Petersburg, Russia, Ukraine MOSCOW, Russian, United Nations, Sovcombank, Ukraine, Washington, Moscow

☆ How to share a meal without sharing germs? A doctor explains
▼ + stars: | 2023-11-22 | by ( Deblina Chakraborty | ) edition.cnn.com time to read: +7 min

The first is respiratory illnesses, like the flu, RSV and the common cold. Or they touch their nose, then touch a surface, and then you touch that surface and then your nose or mouth. A subcategory under foodborne infections are infections that result from ingesting the food itself — for example, if it’s undercooked or spoiled. CNN: Finally, what symptoms should people watch out for — how do they know when they need to seek medical care? Wen: Symptoms of respiratory illnesses include fever, cough, sneezing and body aches.

Persons: Leana Wen, Wen, it’s, buffets Organizations: CNN, George Washington University Milken Institute School of Public Health, US Centers for Disease Control

☆ Jailed Russian nationalist nominates himself for president
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +1 min

Girkin said from custody in August that he would make a better president than Vladimir Putin, whom he described as "too kind". The letter instructed his followers to set up a headquarters and start collecting signatures for his candidacy, SOTA said. Supporters of Girkin said in September that his criminal investigation had been extended until Dec. 18. Kremlin spokesman Dmitry Peskov has said Putin has unprecedented support and that he would win an overwhelming majority if he ran. Reporting by Elaine Monaghan in Washington; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

Persons: Igor Girkin, Igor Strelkov, Girkin, Vladimir Putin, SOTA, Oleg Nelzin, Dmitry Peskov, Putin, Elaine Monaghan, Clelia Organizations: Kremlin, REUTERS, Maxim, Russian, Strelkov, West, Thomson Locations: Moscow, Russia, Malaysian, Ukraine, Washington

☆ ESPN's VP of sports betting shares his keys to success for ESPN Bet and an inside look into the partnership with Penn
▼ + stars: | 2023-11-17 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +8 min

In other words, ESPN Bet has arrived. The companies announced in August their collaboration, with the operator selling its stake in Barstool Sports to rebrand Barstool Sportsbook as ESPN Bet. Screenshots from the ESPN Bet app. Providing easy transitions between the ESPN and ESPN Bet apps is a key focus to drive that metric, he added. — ESPN BET (@ESPNBet) November 10, 2023The move has given ESPN Bet an advantage on social media with 5.4 million followers on X, 2.7 million on Facebook, and 2.4 million on Instagram.

Persons: It's, Jay Snowden, Mike Morrison, Morrison, Scott Longley, DraftKings, Penn, Snowden, Jimmy Pitaro, Pitaro, I'm, cohesively we've, Keys, Fubo Sportsbook, Maxim Bet, it's Organizations: ESPN Bet, ESPN, Penn Entertainment, Sports, Business, Apple, Caesars, Penn, ESPN Penn, TheScore, Fox, Maxim, Yahoo, Walt Disney Company, ESPN BET, Facebook Locations: Penn, Las Vegas

☆ Russian companies' scaled-down IPOs in 2023
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

A customer walks in a store of Russian clothing retailer Henderson in Moscow, Russia October 31, 2023. IPO/DPO- Biotech startup Genetico (GECO.MM) raised 179 million roubles in an IPO in April. - CarMoney, a fintech service owned by SmartTechGroup (STG) raised 978 million roubles in a direct public offering (DPO) in July. - Technology company Astra (ASTR.MM) raised 3.5 billion roubles in an October IPO. - Men's clothing chain Henderson (HNFG.MM) attracted 3.8 billion roubles through its IPO in early November.

Persons: Maxim Shemetov, Uzhuralzoloto, Vladimir Putin's, Softline, Alexander Marrow, Kevin Liffey Organizations: Henderson, REUTERS, Biotech, SmartTechGroup, Technology, Astra, SPO, State, VTB Bank, Reuters, Thomson Locations: Moscow, Russia, Ukraine, IPOs

☆ A podcast host who's interviewed hundreds of CEOs, millionaires, and real-estate investors shares 3 traits of highly successful individuals
▼ + stars: | 2023-11-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

The podcast host and business coach hosts a daily podcast, " The Action Academy ," that features CEOs of major companies, millionaire entrepreneurs, and real-estate investors who have built robust portfolios. Then, they're not afraid to ask questions, ask for help, or ask someone to partner with or mentor them. "You start with a specific problem, you show proof of action, and you ask for specific help," said Luebben. "They look at the life that they want, their dream life, and they say, 'How much does this cost me a month? Okay, what do I need to do to generate the $10,000 that's required for me to live this dream life?'

Persons: Brian Luebben's, that's, Luebben, he'd, they've, they're, Brian Luebben, you've, They're Organizations: Academy Locations: America

☆ Russia has tried to break Ukraine’s energy grid. This winter, Ukrainians are prepared for the worst
▼ + stars: | 2023-11-10 | by ( Victoria Butenko | ) edition.cnn.com time to read: +8 min

When Russia pounded Ukraine’s power grid with widespread and repeated waves of airstrikes last year, causing massive rolling blackouts, his wife had just given birth to their second daughter. As families like Gindyuk’s gird themselves for the possibility of another dark winter, Ukraine has been rushing to rebuild and protect its fragile energy infrastructure. The summer provided a respite for Ukraine’s power grid. “Ukraine’s power system continues to operate in an emergency mode, which affects both power grids and generation,” a news release accompanying the report said. Physical barriers have been erected around Ukraine’s high-voltage electricity transmission network, which is operated by the national energy company Ukrenergo .

Persons: Ukraine CNN — Oleksandr Gindyuk, Gindyuk, ” Gindyuk, Gindyuk’s, Vadym, “, ” DTEK, ”, Maxim Timchenko, ” Timchenko, Volodymyr Kudrytskyi, Ukrenergo, ” Kudrytskyi, Oleksandr Prokhorenko, Kateryna, Varvara, ” Prokhorenko, Serzhan Organizations: Ukraine CNN —, CNN, Ukraine’s Defense Intelligence, United Nations, Programme, European Union, Management Locations: Kyiv, Ukraine, Russia, Russian, Spanish, Valencia

☆ Sberbank CEO expects 'serious cooling' in Russian mortgage market
▼ + stars: | 2023-11-08 | by ( Elena Fabrichnaya | ) www.reuters.com time to read: +2 min

REUTERS/Maxim Shemetov/File photo Acquire Licensing RightsMOSCOW, Nov 8 (Reuters) - Russia's biggest bank Sberbank (SBER.MM) expects a sharp cooling of the mortgage market following an expected 80% rise in mortgage lending this year, CEO German Gref said on Wednesday. Gref said the bank's mortgage issuance for the whole of 2023 was expected to reach 4.6 trillion roubles ($50.1 billion). VTB, Russia's number two bank, expects mortgage loans across the entire sector to total 7.2 trillion roubles this year, falling to between 5 and 5.5 trillion roubles in 2024. Vyacheslav Dusaleyev, head of retail business at Rosbank, gave corresponding forecasts of 7.3 trillion roubles this year and 5 trillion next year. Mortgage demand has remained buoyant in part because of the wide range of preferential offers available, according to the central bank.

Persons: Maxim, Gref, Sberbank, Vyacheslav Dusaleyev, Olga Polyakova, Elena Fabrichnaya, Mark Trevelyan, Christina Fincher Organizations: St ., Economic, REUTERS, Rights, Mortgage, Thomson Locations: St, St . Petersburg, Saint Petersburg, Russia, Moscow, Rosbank

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