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Russia currently exports gas to China through the Power of Siberia 1 pipeline, which began operating in 2019 and runs through eastern Siberia into China's northeastern Heilongjiang province. Moscow has not said how much the 2,600 km (1,616 miles) Power of Siberia-2 would cost or how it would be financed. Russia aims to increase supplies via Power of Siberia 1 to 38 bcm annually by 2025. If the plans for Power of Siberia 2 and another link from Russia's far eastern island of Sakhalin come to fruition, Russia's pipeline gas exports to China would rise to almost 100 bcm per year by 2030. "This fact will require CNPC to build on its own all the necessary gas transportation infrastructure in China," Kondratov wrote.
Persons: Maxim, Xi Jinping, Vladimir Putin, Dmitry Kondratov, Kondratov, Sergey Vakulenko, Vakulenko, Viktoria Abramchenko, Andrew Hayley, Chen Aizhu, Oksana Kobzeva, Mark Trevelyan, Susan Fenton Organizations: REUTERS, Russia, East, Power, Gazprom, Economics, Russian Academy of Science, Carnegie Endowment, International, Soyuz, Thomson Locations: Siberia, Svobodny, Amur, Russia, East Power, Turkmenistan, MOSCOW, China, Europe, Yamal, Mongolia, Baltic, Moscow, Ukraine, Beijing, China's, Heilongjiang, Russian, Power, Russia's, Sakhalin, That's, Nord, Turkey, Japan, United States, Qatar, Australia, Singapore
Oleg Tsaryov, a Ukrainian politician supporting the self-proclaimed Donetsk People's Republic, attends a news conference dedicated to a new law on the battle flag of Novorossiya (New Russia) in Donetsk, eastern Ukraine, August 22, 2014. A source in the Security Service of Ukraine (SBU) intelligence agency said the shooting was a special operation conducted by the agency. The source gave few details of the operation but described Tsaryov as an "absolutely legal target". The attack took place in Yalta in Crimea, which Russia annexed from Ukraine in 2014. Tsaryov, who runs hotels in Crimea, said Reuters' account had "very little to do with reality".
Persons: Oleg Tsaryov, Maxim, Ally, Russia's, Oleg, Vladimir Rogov, Tsaryov, Volodymyr Zelenskiy, Andriy Yusov, Darya Dugina, Vladlen Tatarsky, Stanislav Rzhitsky, Rzhitsky, Tom Balmforth, Yuliia, Giles Elgood, Ron Popeski, Jonathan Oatis Organizations: REUTERS, Security Service of Ukraine, Kyiv, Reuters, Thomson Locations: Ukrainian, Donetsk People's Republic, New Russia, Donetsk, Ukraine, Russia, Moscow, Kyiv, Yalta, Crimea, Russian, United States
PHILADELPHIA—The Arizona Diamondbacks are young and inexperienced. They won just 84 games during the regular season and barely made it to the playoffs. They are one of the few championship-contending teams that can sincerely spout the maxim, “No one believed in us.”Yet the Diamondbacks are heading for the World Series on the back of a playoff run that goes beyond disbelief. They have toppled big names—the Milwaukee Brewers, Los Angeles Dodgers and now the Philadelphia Phillies—with a team of players that few have heard of, outside of Arizona.
Organizations: PHILADELPHIA, The Arizona Diamondbacks, Diamondbacks, Milwaukee Brewers, Los Angeles Dodgers, Philadelphia Phillies Locations: Arizona
Armenia's Prime Minister Nikol Pashinyan arrives at the Palace of Charles V on the day of the European Political Community Summit in Granada, Spain October 5, 2023. REUTERS/Jon Nazca/File Photo Acquire Licensing RightsMOSCOW, Oct 25 (Reuters) - Armenia sees no advantage in continuing to host Russian military bases on its territory after Azerbaijan retook the contested region of Nagorno-Karabakh, the Armenian prime minister told the Wall Street Journal in an interview published on Wednesday. "These events have essentially brought us to a decision that we need to diversify our relationships in the security sphere, and we are trying to do that now," Prime Minister Nikol Pashinyan told the WSJ. Russia's military presence in Armenia includes garrisons in two locations and an airbase. Later on Wednesday, Kremlin spokesman Dmitry Peskov said that Russian authorities were unaware of Pashinyan's comments.
Persons: Nikol Pashinyan, Charles V, Jon Nazca, Dmitry Peskov, Peskov, Felix Light, Maxim Rodionov, Gareth Jones, Leslie Adler Organizations: Armenia's, Political Community Summit, REUTERS, Rights, Wall Street, Thomson Locations: Granada, Spain, Armenia, Russian, Azerbaijan, Nagorno, Karabakh, Soviet Union, Moscow, Caucasus
Oct 24 (Reuters) - Russia scrambled fighter jets to intercept two U.S. bombers and a drone which approached Russia's northern and southern borders on Tuesday, the Russian Defence Ministry reported. According to the ministry, two U.S. B-1B strategic bombers approached the border over the Baltic Sea and a Global Hawk drone approached the border over the Black Sea. As with the fighter jets, a single Su-37 approached in both cases and the U.S. bombers and the drone pivoted away from the Russian border, the ministry said. Similar encounters have been regularly reported in recent weeks by Russia. Reporting by Maxim RodionovOur Standards: The Thomson Reuters Trust Principles.
Persons: Maxim Rodionov Organizations: Russian Defence Ministry, U.S, Thomson Locations: Russia, U.S, Baltic, Russian
Two key indicators with with spooky significance
  + stars: | 2023-10-23 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
As in 5% yield on the 10-year T-bill, and 8% interest on the 30-year fixed rate mortgage. The 10-year Treasury yield, which goes up as prices fall, is flirting with 5% for the first time since 2007 (that’s ominous comparison No. The 30-year fixed rate mortgage is barreling toward 8% — a level not seen since the dot-com bubble popped in 2000. Because:In addition to painfully high interest rates, prices on the homes themselves have soared. “Unfortunately, the upward shift in Treasury yields this week will likely make returning to ‘normal’ an even more challenging target to hit,” Walden said.
Persons: CNN Business ’, Nicole Goodkind, Sellers don’t, Anna Bahney, Andy Walden, ” Walden, , Jerome Powell, you’ll Organizations: CNN Business, New York CNN, econ, Treasury, US Treasury, ICE Mortgage Technology, ICE Locations: New York, Econ
MOSHCHUN, Ukraine (AP) — In the humble backyard of a destroyed house, a 13-year-old chops firewood to get ready for winter. His mother, Tetiana Yarema, has been preparing for months as she remembers last winter’s Russian strikes on the energy infrastructure that plunged Ukraine into darkness. For the Yarema family, like millions of other Ukrainians touched by Russia’s war on Ukraine, winter is an especially challenging time. The strikes impacted almost a half of Ukraine’s energy capacity. After a lull of six months, Ukraine's energy system sustained its first attack of the season on Sept. 21, resulting in damage to facilities in the central and western regions, Ukrenergo said.
Persons: Tetiana Yarema, , Yarema, , Ukrenergo, Volodymyr Zelenskyy, ” Zelenskyy, Denys Shmyhal, ” Shmyhal, Yurii Musienko, Valentyna Kiriian, DTEK, Maxim Timchenko, ” Timchenko, Andrii Horchynskyi, ” Horchynskyi, ___ Dmytro Zhyhinas Organizations: , Private Locations: MOSHCHUN, Ukraine, Moshchun, Kyiv, Ukrainian, United States, Private Ukrainian, Maliutianka, russia, ukraine
REUTERS/Alexander Ermochenko/File Photo Acquire Licensing RightsOct 22 (Reuters) - Russian forces have foiled several attempts by Ukrainian units to cross the Dnipro River in the southern Kherson region over the past day, Russia's defence ministry said on Sunday. According to the ministry, Ukrainian "sabotage and reconnaissance" teams were stopped while trying to cross the river near the villages of Pridniprovske, Tiahynka and Krynky. On Friday the Institute for the Study of War, a U.S. research group, said Ukrainian forces appeared to have broken through on the eastern bank of the Dnipro River in Kherson. Ukraine recaptured parts of the Kherson region late last year after months of Russian occupation. But Russian forces who left Kherson, the region's biggest city, retreated only as far as the other side of the Dnipro and have continued to shell the city from there.
Persons: Alexander Ermochenko, Maxim Rodionov, Mark Trevelyan Organizations: REUTERS, Reuters, for, Thomson Locations: Nova, Dnipro, Russia, Ukraine, Nova Kakhovka, Kherson region, Russian, Kherson, Ukrainian, Pridniprovske, Krynky, Stanislav, U.S
(Reuters) - Russian forces have foiled several attempts by Ukrainian units to cross the Dnipro River in the southern Kherson region over the past day, Russia's defence ministry said on Sunday. According to the ministry, Ukrainian "sabotage and reconnaissance" teams were stopped while trying to cross the river near the villages of Pridniprovske, Tiahynka and Krynky. Russia also said it had destroyed Ukrainian personnel, water-crossing equipment and vehicles near the village of Stanislav. On Friday the Institute for the Study of War, a U.S. research group, said Ukrainian forces appeared to have broken through on the eastern bank of the Dnipro River in Kherson. Ukraine recaptured parts of the Kherson region late last year after months of Russian occupation.
Persons: Maxim Rodionov, Mark Trevelyan Organizations: Reuters, for Locations: Dnipro, Kherson, Ukrainian, Pridniprovske, Krynky, Russia, Stanislav, U.S, Ukraine
IRNA news agency quoted the foreign ministry as saying the six countries wanted to talk about regional issues "without the interference of non-regional and Western countries". That was an implicit reference to the United States and the European Union, whose involvement in the search for a peace agreement between Armenia and Azerbaijan has particularly annoyed Moscow. Russia's Interfax news agency said Foreign Minister Sergei Lavrov would travel to Tehran for the meeting. More than 100,000 Karabakh Armenians have since fled, and Armenia has accused Azerbaijan of carrying out ethnic cleansing. The two countries have fought two wars in the past three decades and have so far failed to reach a peace deal despite long-running efforts by the United States, EU and Russia.
Persons: Sergei Lavrov, Maxim Rodionov, Hugh Lawson Organizations: European Union, Thomson Locations: DUBAI, MOSCOW, Iran, Turkey, Russia, Georgia, Azerbaijan, Armenia, Tehran, Caucasus, United States, Moscow, Ukraine, Nagorno, Karabakh, Baku, EU
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Persons: , he's, They've, haven't, we've, we're, it's, you've Organizations: Service
Russian state media has touted the Su-57 fighter jet as a formidable, fifth-generation aircraft. Sukhoi Su-57 fighter jets perform at the MAKS 2019 air show in Zhukovsky, outside Moscow, Russia, August 27, 2019. Sukhoi Su-57 jet fighter performs during International military-technical forum "Army-2020" at Kubinka airbase in Moscow Region, Russia August 25, 2020. So why is it that the Su-57 isn't doing what a true fifth-generation stealth fighter should theoretically be able to do in Ukraine? AdvertisementAdvertisementSukhoi Su-57 fighter jets perform at the MAKS 2019 air show in Zhukovsky, outside Moscow, Russia, August 27, 2019.
Persons: it's, , there's, Mike Dahm, Sukhoi Su, Aleksey Nikolskyi, haven't, They're, Assad, Sergei Shoigu, Maxim Shemetov There's, Su, Russia's, Justin Bronk, Bronk, Vladimir Putin, Recep Tayyip Erdogan, Maxim Shemetov, Dahm, There's, that's Organizations: Aviation, intel, Service, NATO, US, Mitchell Institute for Aerospace Studies, Sputnik, REUTERS, Russian, Ukraine, International, Army, Sukhoi, Royal United Services Institute, Aircraft Locations: Ukraine, Russia, Moscow, Zhukovsky, Kremlin, Syria, Kubinka, Moscow Region, Russian, Ukrainian, NATO
Putin accuses IOC of using Olympics for politics and racism
  + stars: | 2023-10-19 | by ( ) www.reuters.com   time to read: +2 min
Oct 19 (Reuters) - President Vladimir Putin on Thursday lashed out at the International Olympic Committee (IOC) for effectively suspending Russia from the Olympic movement, accusing it of using the Games as a tool of politics and racism. Last week the IOC banned the Russian Olympic Committee for recognising regional bodies from four territories that Moscow claims to have annexed from Ukraine. "And that the Games themselves can be used as an instrument of political pressure against people who have nothing to do with politics. The IOC did not say last week whether they would be admitted to Paris 2024. Stanislav Pozdnyakov, head of the Russian Olympic Committee, said in Perm that the key thing now was to prepare athletes for the 2028 Games.
Persons: Vladimir Putin, Putin, Russia's, Dmitry Chernyshenko, Stanislav Pozdnyakov, Maxim Rodionov, Kevin Liffey, Mark Trevelyan Organizations: International Olympic Committee, IOC, Russian Olympic Committee, Sporting Power, Olympic, Games, Olympics, Zvezda, Reuters, Thomson Locations: Russia, Moscow, Ukraine, Perm, Sochi, Paris, Kazan
[1/2] Russian President Vladimir Putin arrives for the opening ceremony of the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Dmitry Azarov/Pool via REUTERS Acquire Licensing RightsMOSCOW, Oct 18 (Reuters) - Russian President Vladimir Putin is currently on a visit to China, his second only trip outside the former Soviet Union since the February 2022 invasion of Ukraine. Who is in the Russian delegation with Putin - and who stayed in Russia? Before Putin left for China, he was shown at a meeting with defence and spy chiefs at his Novo-Ogaryovo residence outside Moscow. The following top officials are thought to be in Russia.
Persons: Vladimir Putin, Dmitry Azarov, Alexander Novak, Sergei Lavrov, Yuri Ushakov, Maxim Oreshkin, Dmitry Peskov, Central Bank Governor Elvira Nabiullina, Anton Siluanov, Maxim Reshetnikov, Dmitry Shugaev, Yuri Chikhanchin, Dmitry Chernyshenko, Igor Morgulov, Igor Sechin, Alexei Miller, Alexei Likhachev, Andrei Kostin, Igor Shuvalov, Leonid Mikhelson, Oleg Belozyorov, Kirill Dmitriev, Putin, Sergei Shoigu, Nikolai Patrushev, Alexander Bortnikov, Dmitry Medvedev, Anton Vaino, Sergei Kiriyenko, Mikhail Mishustin, Viktor Zolotov, Sergei Naryshkin, Guy Faulconbridge, Muralikumar Organizations: Forum, Sputnik, REUTERS Acquire, Rights, Soviet Union, Putin, Kremlin, Central Bank Governor, Federal Service for Military, Gazprom, VEB, Russian, Russian Direct Investment, Russia Security, Federal Security Service, Russia's Foreign Intelligence, Reuters, Thomson Locations: Beijing, China, Ukraine, Russia, CHINA, North Korea, China BUSINESSPERSONS, Moscow, Russian
While the human tragedy dominates the broader global news agenda, its hold on global markets has typically loosened pretty quickly. Inflation-adjusted real rates matter more when deciding whether to hold gold. The 2014 Gaza War lasted about six weeks and saw Israeli forces cross the border into Gaza. The 2008-09 Gaza War also echoes today's situation and saw Israeli forces cross into Palestinian territory. And over the course of the 2014 Gaza War Brent crude fell around $10 to $93 a barrel.
Persons: Dado Ruvic, Jim Reid, Brent, Michael Every, Jamie McGeever, Jonathan Oatis Organizations: REUTERS, Rights, Barclays, Deutsche, Benchmark, Swiss, Rabobank, Reuters, Thomson Locations: Rights ORLANDO , Florida, Israel, Lebanon, Gaza
[1/3] Russian President Vladimir Putin is welcomed by Chinese President Xi Jinping during a ceremony at the Belt and Road Forum in Beijing, China, October 17, 2023. Sputnik/Sergei Savostyanov/Pool via REUTERS Acquire Licensing RightsSummary Putin praises 'dear friend' Xi, thanks for invitePutin heaps praise on BRIPutin says Northern Sea route is open for businessSome European delegates walk out as Putin speaksBEIJING, Oct 18 (Reuters) - President Vladimir Putin on Wednesday praised Chinese President Xi Jinping for the Belt and Road Initiative (BRI) and invited global investment in the Northern Sea route which he said could deepen trade between east and west. Putin called Xi his "dear friend" and heaped praise on the Belt and Road Initiative for bringing the world together. "Starting next year, navigation for ice-class cargo ships along the entire length of the Northern Sea Route will become year-round." Reporting by Vladimir Soldatkin in Moscow and Laurie Chen in Beijing; Editing by Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Xi Jinping, Sergei Savostyanov, Putin, Xi, BRI Putin, Jean, Pierre Raffarin, Sergei Lavrov, Alexander Novak, Dmitry Chernyshenko, Dmitry Peskov, Maxim Oreshkin, Yuri Ushakov, Maxim Reshetnikov, Igor Morgulov, Vladimir Soldatkin, Laurie Chen, Guy Faulconbridge Organizations: Forum, Sputnik, REUTERS Acquire, Wednesday, Initiative, Soviet Union, French, Kremlin, Thomson Locations: Beijing, China, Northern, BEIJING, Ukraine, Russia, Murmansk, Russia's, Norway, Bering, Alaska, Moscow, North Korea
How the Israel-Hamas War Tests International Law
  + stars: | 2023-10-17 | by ( Jess Bravin | ) www.wsj.com   time to read: 1 min
Israel is preparing a ground assault in Gaza following Hamas’s attack. Retired Brigadier Gen. Mark Kimmitt explains where the invasion could take place and how it could reshape the region politically. Photo Illustration: JJ Lin/WSJ“Even wars have rules,” United Nations Secretary-General António Guterres said last week, repeating a maxim of international law that experience has shown to be more aspirational than operational. Hamas mocked the most sacrosanct of those rules when it intentionally targeted Israeli civilians in early October in an operation that killed more than 1,000 Israelis and took about 200 people hostage.
Persons: Mark Kimmitt, JJ Lin, António Guterres Organizations: ” United Nations Locations: Gaza
REUTERS/Wu Hong/Pool/File Photo Acquire Licensing RightsMOSCOW/BEIJING, Oct 16 (Reuters) - Russian President Vladimir Putin will travel to China this week to meet Xi Jinping, the Kremlin chief's first trip outside the former Soviet Union this year. What are the five things to watch for at the meeting? Li was sanctioned by the U.S. in 2018 for an arms deal he secured with Russia in an earlier role. Xi also awarded Putin a friendship medal in 2018, saying that "Putin is my best close friend". Putin said in March that he had invited Xi to his private apartment in the Kremlin.
Persons: Xi Jinping, Vladimir Putin, Wu Hong, Li Shangfu, Li, General Liu Zhenli, Putin, Xi, Alexei Miller, Igor Sechin, Maxim Reshetnikov, Guy Faulconbridge, Alison Williams Organizations: Xiamen International Conference and Exhibition Center, REUTERS, Kremlin, Russia, People's Liberation Army, PLA, U.S . Department of Defence, China, United, Gazprom, Reuters, Thomson Locations: Russian, Xiamen, Fujian Province, China, MOSCOW, BEIJING, Soviet Union, U.S, Russia, Xiapu, Ukraine, United States, India, Moscow, Kremlin, Siberia, Mongolia, Asia, Germany
Russia-China energy cooperation in focus as Putin visits Xi
  + stars: | 2023-10-15 | by ( ) www.reuters.com   time to read: +4 min
It insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses. According to China's customs data, the growth of China's exports and imports with Russia on a year-on-year basis quickened in September from August. China is Russia's second-largest buyer of Russian oil after India. Russia's main gas export route is a 4,000-km (2,500-mile) pipeline Power of Siberia that links East Siberian fields to northeast China. Russia aims to build a second gas pipeline to China, Power of Siberia 2, with capacity for 50 bcm a year to run via Mongolia.
Persons: Maxim Shemetov, Wang Wentao, Vladimir Putin's, Russia's Novatek, Vladimir Soldatkin, Guy Faulconbridge, Alison Williams Organizations: REUTERS, Rights, Commerce, Vortexa, Russia's, Reuters, European, VEB, Supplies, CNPC, Thomson Locations: Siberia, Svobodny, Amur, Russia, China, United States, Beijing, Moscow, Ukraine, Russian, India, Kpler, Kozmino, Baltic, Brazil, Urals, Oman, European Union, That's, Europe, Power, Mongolia, Sakhalin, Qatar
Navalny aides said lawyers Vadim Kobzev, Igor Sergunin and Alexei Liptser were being investigated on suspicion of belonging to an "extremist group". Later on Friday, a Moscow court remanded all three in investigative custody until Dec. 13, according to a statement posted by the court on Telegram. Navalny told the judge on learning of the investigations against his lawyers. REUTERS/Yulia Morozova/File Photo Acquire Licensing Rights"As in Soviet times, not only political activists and political prisoners but also their lawyers are being persecuted." Navalny aide Leonid Volkov posted on the X social media platform that the three lawyers faced up to six years in prison if found guilty of belonging to an extremist group, "just for being Navalny's lawyers".
Persons: Navalny Putin, Alexei Navalny, Navalny, Vadim Kobzev, Igor Sergunin, Alexei Liptser, Vladimir Putin, Kobzev, Yulia Morozova, Putin, Leonid Volkov, " Volkov, they’re, Volkov, Alexander Marrow, Maxim, Peter Graff, Diane Craft Organizations: IK, REUTERS, Kremlin, U.S . Central Intelligence Agency, Thomson Locations: Moscow, Russia, Vladimir Region, Basmanny, Germany, Siberia
Putin likely wanted to show that Moscow is still important in the Middle East by visiting Iran, said John Drennan of the U.S. Institute of Peace. It could present an opportunity for them but also could present a very, very disastrous outcome for their influence in the Middle East too if the conflict spirals out of control," Ramani said. Analysts also believe Russia will use the war in Israel and Gaza to sow disinformation about Ukraine and discord among its allies. As such, the war between Israel and Hamas also provides Russia with an opportunity to flex its diplomatic muscles in the Middle East, after something of a hiatus from the global stage. So this shows that Russia is not isolated in the Middle East, and Russia still maintains the same array of diplomatic partnerships that it had before the war," he noted.
Persons: Vladimir Putin, Ebrahim Raisi, Putin, John Drennan, Sergei Savostyanov, Samuel Ramani, Ramani, Volodymyr Zelenskyy, Joe Biden, Jim Watson, Volodymy Zelenskyy, Sergei Karpukhin, Benjamin Netanyahu, Maxim Shemetov, They've, they've, Bashar al, Assad Organizations: Getty, Palestinian, Hamas, U.S . Institute of Peace, AFP, Royal United Services Institute, CNBC, Kremlin, Ukraine, Analysts, White, U.S, Congress, NATO, Afp, International Energy Agency, Russia, Israeli, Iraqi Locations: Sochi, Russia, Israel, Gaza, Moscow, Iran, Ukraine, Lebanon, Syria, Iraq, U.S, Europe, Washington ,, Brussels, Russian, OPEC, Turkey, Egypt, Tehran
REUTERS/Maxim Shemetov/Illustration/File Photo Acquire Licensing RightsSummaryCompanies Russian rouble climbs to over 2-week high vs dollarMove comes after Putin reimposes currency controlsRouble had slumped to over 18-month low this weekAnalysts expect rouble to firm more in coming weeksOct 12 (Reuters) - Russia's rouble leapt against the U.S. dollar on Thursday after President Vladimir Putin ordered the mandatory sale of foreign currency revenues for some exporters to buttress the currency. The rouble collapsed to a record low in the weeks after Russia invaded Ukraine last year, before Moscow imposed similar capital controls that saw it recover to a seven-year high. Kogan warned, however, that by 2025-2026 businesses would form plans based on a rouble rate of 100-105. The central bank endorsed the measures, a shift in its stance, after it previously warned of the inefficiency of currency controls. "The rouble is even less tradable for foreign investors after Russia re-imposed some capital controls," Piotr Matys, senior FX analyst at In Touch Capital Markets.
Persons: Maxim Shemetov, Putin, Rouble, rouble, Vladimir Putin, Yevgeny Kogan, Kogan, Gref, Andrei Belousov, Piotr Matys, Dmitry Polevoy, Brent, Alexander Marrow, Amruta, Robert Birsel, Mark Potter, Varun, Alexander Smith Organizations: REUTERS, U.S, Russia's Higher, of Economics, TASS, Wednesday, Bank of Russia, FX, Touch, Thomson Locations: Moscow, Russia, Ukraine, outflows, Locko, Bangalore
An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File photo Acquire Licensing RightsOct 10 (Reuters) - The Russian rouble dived towards a more than an 18-month low on Tuesday before paring most losses in a volatile session, under pressure from domestic demand for foreign currency and a drop in oil prices. By 1034 GMT, the rouble was 0.3% weaker against the dollar at 99.63 . It had lost 0.8% to trade at 105.55 versus the euro and shed 0.4% against the yuan to 13.64 . "The bank may show a record profit of 1.5 trillion roubles for the year."
Persons: Maxim Shemetov, Sber, Yevgeny Kogan, Alexander Marrow, Ed Osmond, Gareth Jones Organizations: REUTERS, Bank of Russia, Russia's Higher, of Economics, Thomson Locations: Moscow, Russia, Russian, Brent
Russian President Vladimir Putin meets with Israeli Prime Minister Benjamin Netanyahu at the Kremlin in Moscow on January 30, 2020. Maxim Shemetov | Afp | Getty ImagesThe outbreak of bloodshed, violence and outright war between Israel and Hamas has put Russia in an awkward position, with Moscow traditionally treading a fine diplomatic line between Israel and its allies in the Middle East. Russia has enjoyed warm and constructive relations with Israel in recent years. Russian President Vladimir Putin and Iran's President Ebrahim Raisi hold a meeting in Tehran on July 19, 2022. Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu during their meeting at the Kremlin on April 21, 2016.
Persons: Vladimir Putin, Benjamin Netanyahu, Maxim Shemetov, Tatiana Stanovaya, Ebrahim Raisi, Sergei Savostyanov, Stanovaya, Saudi Arabia —, Vladimir Putin's, Bashar Assad's, Bashar Assad, Sergei Shoigu, Alexei Nikolsky, Netanyahu, Putin, Mohammed Shia, Al Sudani, Mikhail Svetlov, tellingly, Russia's, Ian Bremmer, Antony Blinken, Petroleum Javad, Erdogan Organizations: Israeli, Kremlin, Afp, Getty, Hamas, Carnegie Russia Eurasia Center, AFP, Saudi, Russian Defense, Sputnik, AP Putin, Iraqi, . Security Council, Israel, Eurasia Group, ., Ukraine, Ministry of Defence, Institute for, Petroleum, Turkish Locations: Moscow, Israel, Russia, Ukraine, Iran, Russian, Tehran, Syria, Eastern, Saudi Arabia, Lebanon, Egypt, Iraq, Umayyad, Damascus, U.S, Palestinian, China
REUTERS/Maxim Shemetov/Illustration Acquire Licensing RightsOct 9 (Reuters) - The rouble rebounded after slumping to a more than 18-month low against the dollar on Monday in a volatile session, still hampered by reduced foreign currency supply but eventually latching on to higher oil prices to gain ground. By 1500 GMT, the rouble was 0.7% stronger against the dollar at 99.75 , recovering from hitting 102.3450 earlier, its weakest point since March 23, 2022. The Russian currency tumbled to a record low 121.5275 in the weeks after Moscow's February 2022 invasion of Ukraine. The rouble had gained 0.5% to trade at 105.24 versus the euro and firmed 0.6% against the yuan to 13.64 . The rouble-based MOEX Russian index (.IMOEX) was 0.9% higher at 3,172.2 points, earlier reaching a near one-month high.
Persons: Maxim Shemetov, rouble, Alexei Antonov, Alexander Marrow, Angus MacSwan, Mark Potter, Gareth Jones Organizations: REUTERS, Bank of Russia, Reuters, Brent, Thomson Locations: Moscow, Russia, Ukraine
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