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☆ Russia to hold Victory Day parade amid tight security after drone attacks
▼ + stars: | 2023-05-08 | by ( Gareth Jones | ) www.reuters.com time to read: +4 min

[1/5] Russian service members march in columns before a rehearsal for a military parade, which marks the anniversary of the victory over Nazi Germany in World War Two, in Moscow, Russia May 7, 2023. Russia is also reeling from drone attacks, including one on the Kremlin on May 3 which it said was an attempt to assassinate President Vladimir Putin. Putin has repeatedly likened the Ukraine war - which he casts as a battle against "Nazi"-inspired nationalists - to the challenge the Soviet Union faced when Hitler invaded in 1941. Kyiv says this is absurd and accuses Russia of behaving like Nazi Germany by waging an unprovoked war of aggression and seizing Ukrainian territory. However, reflecting increased security concerns caused partly by the drone attacks, authorities have cancelled the traditional flyover.

☆ Security worries overshadow Russia's Victory Day preparations
▼ + stars: | 2023-05-07 | by ( Gareth Jones | ) www.reuters.com time to read: +4 min

But several Russian regions have already scaled back events, citing concerns that they could be targeted by pro-Ukrainian saboteurs. The Soviet Union lost 27 million people in World War Two, more than any other country. Putin's office linked what it called the "terrorist" drone attack on the Kremlin in the early hours of May 3 to the Victory Day parade, which takes place below the walls of the ancient citadel. Kyiv has said it expects increased efforts by Russian forces to take the devastated eastern Ukrainian city of Bakhmut ahead of Moscow's Victory Day celebrations. In Soviet times, Victory Day commemorations were more low-key, with the emphasis on honouring veterans and their huge sacrifices, which are seared into older Russians' folk memory.

[1/4] A logo is on display in the office of Sberbank, Russia's state-owned dominant lender and one of the country's leading technology players, in Moscow, Russia, March 28, 2023. But it also highlights challenges as Russia's tech development becomes increasingly reliant on one state-owned player. Since 2020 it has cast itself as a technology company as well, and is now seeking a bigger slice of Russia's shrinking technology pie. "There are restrictions on some of them, it is a very complex technology," Belevtsev said. "There is already a lot of cooperation on engineers and technology," Belevtsev said.

☆ Perez rules the streets but title tilt remains a long shot
▼ + stars: | 2023-05-01 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

Red Bull are also streets ahead of the rest in a private Formula One battle, with their drivers on two grand prix wins apiece after four of 23 rounds and no sign of anyone else getting close. The rest are otherwise fighting for scraps from the Red Bull table, hoping upgrades and the pace of development will eventually close the gap. Ferrari's Charles Leclerc, who was third on Sunday after starting on pole position, finished 19 seconds behind second-placed Verstappen. The Dutch driver is secure in his top status within Red Bull, who brought in Perez to back him up, and also has a string of favourite circuits still to come. Verstappen won three of the four last year with Perez triumphant on the streets of Monte Carlo.

☆ Lonely third was best Ferrari could do, says Leclerc
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: +2 min

Leclerc started from pole position, and had finished second in the Saturday sprint from the same grid slot, but was unable to stay ahead for more than three laps. "(The) strategy was really good, everything was really good but we just don't have enough pace in the car today to fight with the Red Bulls. It was a good effort to stay in front of Fernando (Alonso) but at the end it's like this. Leclerc had arrived in Baku with a meagre six points from the first three races, thanks to two retirements, but he left with a total tally of 28. Ferrari have upgrades in the pipeline, planned for their home race at Imola in May, but Leclerc said he was expecting small steps rather than miracles.

☆ Team by team analysis of the Azerbaijan Grand Prix
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: +4 min

He passed Leclerc for the second time at the safety car restart on lap 14. He went side by side with Russell in the pitlane during the safety car and was passed by Hamilton on lap 20. Hamilton started fifth but pitted a lap before the safety car was deployed, dropping to 10th. Leclerc, second in the Saturday sprint, started on pole position and took his team's first podium finish of the season. Norris started seventh, lost out when he pitted before the safety car but managed to pass Hulkenberg to move into the points.

[1/2] Just Russia party chief Sergei Mironov arrives before the Victory Day Parade in Red Square in Moscow, Russia June 24, 2020. Lender Sberbank (SBER.MM) features the "Kandinsky 2.1" design tool on its website, with versions in Russian and English. Mironov said it appeared "Kandinsky 2.1" had been based on designs by "unfriendly states waging an informational and mental war" against Russia. "They will not know what the national flag of Russia looks like and will assume that Russia is a scientifically backward country," he wrote. Mironov said he had therefore written to Russia's prosecutor general to ask him to investigate Sberbank and whether the content produced by "Kandinsky 2.1" was lawful.

☆ Factbox: Kara-Murza becomes latest Putin opponent to get long jail term
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Maxim ShemetovApril 17 (Reuters) - Sentenced on Monday to 25 years in prison on charges including treason, Vladimir Kara-Murza joined a growing list of Russians who have received long jail terms after speaking out against President Vladimir Putin or the invasion of Ukraine. The 25-year term he received was the harshest of its kind since Russia invaded its neighbour last February. ILYA YASHINOpposition politician Yashin was sentenced to eight-and-a-half years in prison in December 2022 on charges of spreading "false information" about the army. ALEXEI GORINOVGorinov, a Moscow district councillor, was jailed for seven years in July 2022 on charges of spreading false information about the armed forces. ALEXEI MOSKALYOVMoskalyov was investigated by police after his daughter Masha, then 12, drew an anti-war picture at school in 2022.

☆ Moscow to host Syria, Turkey, Iran, Russia meeting - official sources
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +3 min

[1/2] Russian Deputy Foreign Minister Mikhail Bogdanov speaks with journalists before a meeting of Russian President Vladimir Putin with Israeli Prime Minister Benjamin Netanyahu at the Kremlin in Moscow, Russia February 27, 2019. The situation on the ground in Syria would be discussed at the April 3-4 in Moscow, a senior Turkish official said. A previously planned meeting of four countries' deputy foreign ministers scheduled in March was postponed. A senior Iranian foreign ministry official confirmed the meeting in Moscow in the first week of April. Citing Russian Deputy Foreign Minister Mikhail Bogdanov, Russian state-owned news agency RIA reported on Monday that the deputy foreign ministers of Russia, Turkey, Iran and Syria may hold consultations in Moscow in early April.

REUTERS/Maxim Shemetov/File PhotoTOKYO, March 17 (Reuters) - Japan's major companies have concluded their annual labour talks with average wage hikes of 3.8% for the coming fiscal year, the largest raise in about three decades, trade union confederation Rengo said on Friday. The preliminary survey of 805 unions affiliated with Rengo showed the average hike rate of 11,844 yen ($89) per month, according to the labour organisation. "Many unions received in full or exceeded their demand for wage hikes," Rengo chief Tomoko Yoshino told a news conference. Those businesses have often struggled to pass on rising costs to their customers. It's unclear whether the rising wage trend will be sustainable, let alone create the "virtuous cycle" of stronger economic growth and 2% inflation long sought by Japan's central bank.

☆ Iran to buy Su-35 fighter jets from Russia, Iranian broadcaster reports
▼ + stars: | 2023-03-11 | by ( ) www.reuters.com time to read: +2 min

[1/3] Sukhoi Su-35 jet fighter drives along the airfield during International military-technical forum "Army-2020" at Kubinka airbase in Moscow Region August 25, 2020. REUTERS/Maxim Shemetov/File PhotoDUBAI, March 11 (Reuters) - Iran has reached a deal to buy advanced Su-35 fighter planes from Russia, Iranian state media said on Saturday, expanding a relationship that has seen Iranian-built drones used in Russia's war on Ukraine. "The Sukhoi-35 fighter planes are technically acceptable to Iran and Iran has finalised a contract for their purchase," the broadcaster IRIB quoted Iran's mission to the United Nations as saying in New York. read moreIran has acknowledged sending drones to Russia but says they were sent before Moscow's invasion of Ukraine last year. In 2018, Iran said it had started production of the locally designed Kowsar fighter for use in its air force.

[1/5] The destroyed Habib-i Najjar Mosque is pictured in the aftermath of a deadly earthquake in Antakya, Turkey February 16, 2023. "What we learn from our elders is that Hatay witnessed seven earthquakes in its history but it was reborn from its ashes. PAINTINGS OF THE SAINTSThe bell tower lies on its side, with clothes placed on top for earthquake victims to take. Among the victims of the Feb. 6 earthquake were Saul Cenudioglu, leader of the Jewish community in Antakya, and his wife, Tuna Cenudioglu. The rabbi said he came to Antakya after the earthquakes to check on the Jewish community and take them to Istanbul.

☆ The biggest problem with Russia's tanks in Ukraine is the way Moscow tried to use them
▼ + stars: | 2023-03-07 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +21 min

By September, the tally of lost and captured Russian tanks reached 1,000 — more than all the tanks in the British, French, German, and Finnish militaries combined. The first time these British tanks found a fight, only 25 of the 49 of them actually moved when ordered to commence the attack. Nonetheless, before the conflict was over, Churchill himself would decide tanks had, once again, run their course, declaring, "we have too much armor — tanks are finished." And that is the real lesson we can glean from the performance of Russian tanks in Ukraine over the past year. Maxim Shemetov/ReutersThis point becomes evident when you look at Russian tank losses recorded by the Oryx Blog between February and April 2022, when Russian tank losses were at their absolute worst.

REUTERS/Maxim ShemetovSummarySummary Companies This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Feb 27 (Reuters) - Russian banks and politicians have played down the latest foreign sanctions on Russian lenders, promising speedy solutions to any problems with clients' foreign currency dealings. Those sanctioned last week have responded in a largely relaxed manner, with some saying disruption will be limited and others restricting foreign currency transactions or suspending euro trading on brokerage accounts. Russia's major banks have rallied after an initial hit from last year's Western sanctions and now jostle for business from the state, particularly a burgeoning defence budget, and big corporate accounts. Sanctions have mostly hurt Russians wanting to travel abroad or hold foreign currency. Alexander Shokhin, Russia's top business lobby chief, was more cautious, saying the situation could change rapidly, and that Russian banks needed to act pre-emptively.

[1/7] Destroyed buildings are seen at night in the aftermath of a deadly earthquake in Antakya, Turkey February 19, 2023. REUTERS/Maxim ShemetovSummary Rescue work winds down in TurkeyPregnant women need helpTurkey death toll risesANTAKYA, Turkey, Feb 20 (Reuters) - Turkey stepped up work to clear away rubble from collapsed buildings on Monday, as rescue work wound down two weeks after major earthquakes killed more than 46,000 people in southern Turkey and northwest Syria. The women include 226,000 in Turkey and 130,000 in Syria, about 38,800 of whom will deliver in the next month. In Syria, already shattered by more than a decade of civil war, the bulk of fatalities have been in the northwest. U.S. Secretary of State Antony Blinken on Sunday announced further aid to Turkey and said the United States would provide longer term help to Turkey Ankara as it seeks to rebuild following this month's earthquake.

☆ Russian defence chief keeps job despite Ukraine routs thanks to Putin
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +7 min

The Russian Defence Ministry did not respond to a request for comment on Shoigu or its own performance in Ukraine. Appointed defence minister in 2012, he is part of Putin's inner circle and has enjoyed hunting and fishing holidays with him in his native Siberia. The Russian army has been learning from its mistakes and successfully adapting, the source said. There's no escaping the poor performance of the Russian military". It was "inconceivable", said Jones, that a Western defence minister could have kept his job in such circumstances.

[1/4] People gather for a funeral in a large graveyard, in the aftermath of the deadly earthquake outside Kahramanmaras, Turkey February 17, 2023. The scene in Pazarcik, epicentre of the quake that struck in the dead of night on Feb. 6, captured the struggle facing people trying to find and bury their dead since the disaster, which has killed more than 43,000 in Turkey and neighbouring Syria. Tents had been erected to perform Islamic burial rituals, and to wrap the bodies in a shroud. Ghassals - who prepare bodies for burial in accordance with Islamic rituals - had been working "in rotation as hundreds of bodies piled up at once", he added. On Friday, thousands across Turkey participated in symbolic funerals for the dead who were still under the rubble.

[1/6] Members of the military walk on the street in the aftermath of a deadly earthquake in Antakya, Turkey February 16, 2023. The number of people killed by the deadliest earthquake in Turkey's modern history has risen to 36,187, authorities said. While several people were also found alive in Turkey on Wednesday, reports of such rescues have become increasingly infrequent. Authorities in Turkey and Syria have not announced how many people are still missing. Millions of people are in need of humanitarian aid after being left homeless in near-freezing winter temperatures.

☆ Defying odds: A story of survival under Turkey's earthquake rubble
▼ + stars: | 2023-02-15 | by ( Ali Kucukgocmen | ) www.reuters.com time to read: +5 min

Berber was speaking from a bed at Mersin City Hospital, some 250 km from the 15-storey building that collapsed in the city of Antakya in southern Hatay province, where half the buildings were either destroyed or heavily damaged. I looked around, my son turned on a light, took a flashlight and said 'Father, it's an earthquake!' "I shouted, shouted and shouted. Deniz Gezer, internal medicine specialist at Mersin City Hospital, said one of the biggest problems for survival was the cold. Caglar Aksoy Colak, a doctor at Mersin City Hospital, said doctors only provided "supportive treatment" for Berber.

☆ Analysis: Gazprom's export revenue may fall by 50% in 2023
▼ + stars: | 2023-02-14 | by ( Oksana Kobzeva | ) www.reuters.com time to read: +5 min

If the trend continues, Gazprom's export revenues for the whole year could be halved compared to 2022 when its export volumes also declined by nearly half. LOWER REVENUESIn 2022, Gazprom's export volumes fell by 46%, according to the company. Gazprom has not provided forecasts for gas exports for this year. Gazprom's exports outside ex-Soviet Union fell by more than 45% to 100.9 bcm in 2022 from 185.1 bcm in 2021. The Economy Ministry forecasts Gazprom's export price for 2023 at $700 per 1,000 cubic metres.

[1/4] A Russian police officer stands in front of a branch of the Raiffeisen Bank in Moscow, Russia, February 27, 2016. It made a net profit of roughly 3.8 billion euros last year, thanks in large part to a 2 billion euro plus profit from its Russia business. Of UniCredit's more than 20 billion euro total revenue last year, Russia accounted for more than 1 billion euros. Meanwhile, Russian savers lodged more than 20 billion euros with the bank, which offers a place to deposit funds with fewer sanctions risks. It banned investors from so-called unfriendly countries from selling shares in banks, unless the Russian President grants an exemption.

☆ Musicians fleeing Russia find a new audience in Georgia
▼ + stars: | 2023-01-30 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

Grigory Dobrynin, 38, who is the drummer of the Russian band SBPCh, 38, looks at books at a street vendor in Tbilisi, Georgia, November 25, 2022. Dobrynin now spends much of his time teaching and playing the drums at Practica, a rehearsal space in...moreGrigory Dobrynin, 38, who is the drummer of the Russian band SBPCh, 38, looks at books at a street vendor in Tbilisi, Georgia, November 25, 2022. Dobrynin now spends much of his time teaching and playing the drums at Practica, a rehearsal space in Tbilisi that organisers designed as a meeting place for musicians from Georgia and abroad. "I don't consider teaching to be a step backwards for me. Teaching and playing in a band are just different things they cannot be compared," he said.

☆ Potanin says sanctions constrain Nornickel, force it to adjust strategy
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +3 min

[1/2] President and Chairman of the Board of MMC Norilsk Nickel Vladimir Potanin attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 6, 2019. REUTERS/Maxim ShemetovJan 23 (Reuters) - Nornickel boss Vladimir Potanin, one of Russia’s richest men, said on Monday that the metals giant was reworking its strategy and building closer ties with countries such as China, Turkey and Morocco because of Western sanctions on the Russian economy. We have to deal with all this," added Potanin, who is Nornickel's (GMKN.MM) chief executive and biggest shareholder, owning 36% through his Interros holding group. Potanin reiterated the view he stated soon after the war began, that Russia should not respond to sanctions by confiscating or nationalising Western assets. Potanin was placed on a U.S. sanctions list last month as part of wider measures targeting people and businesses close to President Vladimir Putin.

☆ A top investment chief explains why bonds offer an attractive hedge for a mild and brief recession in 2023
▼ + stars: | 2023-01-21 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

I'm senior reporter Phil Rosen, and below I'm sharing my conversation with Northwestern Mutual's chief investment officer, Brent Schutte. He sees the bond market as this year's best recession hedge. Phil Rosen: You said you're expecting a mild and brief recession this year. Brent Schutte: The good news is that the bond market has repriced, and the bond market is a hedge against that recession. BC: I do think earnings will come down this year, and cheaper equities give a margin of safety against that.

☆ Russia's former deputy PM said he was injured by a shell blast in occupied Ukraine after his location was leaked
▼ + stars: | 2022-12-24 | by ( Bethany Dawson | Sinéad Baker | ) www.businessinsider.com time to read: +3 min

A former Russian space chief said he was wounded by an exploding artillery shell in a Donetsk hotel. The former head of the Russian space agency Roscosmos said that he was wounded on his shoulder and needed surgery. FILE PHOTO: Russia's Roscosmos former space agency Director General Dmitry Rogozin looks on at the Baikonur Cosmodrome, Kazakhstan July 20, 2019. REUTERS/Maxim Shemetov/File PhotoWriting on Telegram, Rogozin suggested that his location had been "leaked," resulting in what he says was a "targeted attack." Rogozin now appears to lead a volunteer unit that supports Russia's proxy forces in eastern Ukraine, the BBC reported.

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