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Anton Vaganov | ReutersVladimir Putin promised to build trade and security systems with North Korea that are not controlled by the West and pledged his unwavering support in a letter published by North Korean state media on Tuesday ahead of his planned visit to the country. The article was published a day after the two countries announced that Putin would visit North Korea for the first time in 24 years for two days starting on Tuesday. Putin's foreign policy adviser Yuri Ushakov said Russia and North Korea may sign a partnership agreement during the visit that would include security issues. Ahead of the visit North Korea appears to have been making preparations for a possible military parade in downtown Pyongyang, commercial satellite imagery showed. He said the United States had seen Putin "get incredibly desperate over the past few months" and look to Iran and North Korea to make up for equipment lost on the battlefield.
Persons: Vladimir Putin, Anton Vaganov, Reuters Vladimir Putin, Sinmun, Putin, Yuri Ushakov, Andrei Belousov, Sergei Lavrov, Alexander Novak, Matthew Miller, Victor Cha Organizations: St ., Economic, Reuters, West, North, Workers, Party, Russia, Russian, Interfax, U.S . State Department, Center for Strategic, International Studies Locations: St, St . Petersburg, Saint Petersburg, Russia, North Korea, North Korean, North Korea's, Eurasia, Ukraine, Pyongyang, Korea, United States, Iran, Moscow, U.S
Putin to visit Kim in North Korea on June 18-19
  + stars: | 2024-06-17 | by ( ) www.cnbc.com   time to read: +2 min
Russian President Vladimir Putin (R) and North Korean leader Kim Jong-un (L) visit a construction site of the Angara rocket launch complex on September 13, 2023 in Tsiolkovsky, Russia. North Korean leader Kim Jong-un is in Russia for talks with Russian President Putin. Russian President Vladimir Putin will visit North Korea on Tuesday and Wednesday, the Kremlin said, a rare trip that underscores Moscow's burgeoning partnership with the reclusive nuclear-armed state. North Korean leader Kim Jong Un extended an invitation to Putin during a visit to Russia's Far East last September. Ukrainian officials say they have counted about 50 such missiles delivered to Russia by North Korea.
Persons: Vladimir Putin, Kim Jong, Putin, Kim Jong Un, Kim, Leif, Eric Easley, Kim Hong, Putin's, Kurt Campbell Organizations: Russian, Kremlin, State Affairs of, DPRK, Democratic People's, West, United Nations, Ewha University, U.S, South Korean Locations: Tsiolkovsky, Russia, Russian, North Korea, Russia's, Pyongyang, Democratic People's Republic of Korea, Vietnam, Ukraine, United States, Europe, Asia, Washington, Seoul, Moscow
NATO Secretary General Jens Stoltenberg speaks after a meeting of NATO foreign ministers at the Czernin Palace, in Prague, Czech Republic, May 31, 2024. A record more than 20 NATO member nations are hitting the Western military alliance's defense spending target this year, NATO Secretary-General Jens Stoltenberg said Monday, as Russia's war in Ukraine has raised the threat of expanding conflict in Europe. The estimated figure is a nearly fourfold increase from 2021 in the ranks of the 32 NATO members meeting the alliance's defense spending guideline. NATO members agreed last year to spend at least 2% of their gross domestic product on defense. But after Russia seized Ukraine's Crimean Peninsula in 2014, NATO members unanimously agreed to spend at least 2% of their GDP on defense within a decade.
Persons: Jens Stoltenberg, Vladimir Putin's, Stoltenberg, Joe Biden, Donald Trump, Putin Organizations: NATO, Wilson Center, White House, . Defense, Ukraine's Locations: Prague, Czech Republic, Ukraine, Europe, Washington, Sweden, Finland, Soviet Union, Russia, Ukraine's Crimean
Read previewOver the weekend, Ukraine's President Volodymyr Zelenskyy rallied countries from around the world to support his call for Russia to end its invasion. It has been especially effective in the "global South" of non-Western powers whose wealth and influence on world affairs is growing. AdvertisementHowever, powerful non-Western countries refused to take part. Russia has also seized on claims that Western support for Israel in its war against Hamas is evidence of hypocrisy. AdvertisementIt is to Putin's advantage when those countries see Russia vs. Ukraine and Israel vs. Hamas as equivalent struggles, both complex enough to avoid taking a side.
Persons: , Volodymyr Zelenskyy, Zelenskyy, Russia wasn't, didn't, Ukraine —, Vladimir Putin, Putin, Natalie Sabanadze, Pavan Kapoor Organizations: Service, BBC, Business, Ukraine, West, Chatham, ANC, Israel, Hamas Locations: Russia, Switzerland, China, Saudi Arabia, Brazil, India, South Africa, Ukraine, American, Moscow, Soviet, West, USSR, Soviet Union, Pakistan, Western, Israel, Indian
Read previewIf there is one place Ukraine is winning in the war against Russia, it's Crimea, experts say. Ukrainians have since referred to the Black Sea peninsula as "occupied Crimea," and Zelenskyy has continually stated that any peace agreement must see it returned to Ukraine. Meanwhile, Ukraine, which lost its traditional naval fleet during the annexation of Crimea, has targeted Russia's Black Sea fleet with great success using sea drones. Ukraine even claimed to have sunk the Black Sea Fleet's flagship, the Moskva. "Crimea allows for power projection over the rest of the Black Sea.
Persons: , Volodymyr Zelenskyy, Vladimir Putin, Olga Khvostunova, ", Zelenskyy, Elina Beketova, Russia's, VASILY MAXIMOV, Maria Snegovaya, Beketova, Putin, Dmitry Pletenchuk, OLGA MALTSEVA, Catherine the Great, Snegovaya, Alexei Volkov, DVIDS Frederik Mertens, Ukraine's, Budanov Organizations: Service, Business, Eurasia, Foreign Policy Research, Federal Assembly, NATO, Centre for, Fleet, Getty, Center for Strategic, Studies ', Eurasia Program, Black, Ukraine, Security, Anadolu Agency, Directorate of Intelligence, Guardian, UK Ministry of Defence, MoD, Getty Images, National Union of Hospitality Industries, Reuters, Wing Public Affairs, Hague, Strategic Studies Locations: Ukraine, Russia, it's Crimea, Crimea, Sevastopol, Moskva, AFP, Studies ' Europe, Kerch, Ukraine's, Ukrainian, Rostov, Crimean, Russian, Saki
Within a week of the invasion, Mykhed, a renowned author who has published nine books, had enlisted in the Ukrainian Armed Forces, and his former home had been destroyed by a Russian attack. Central to the work is his view that the war is not Putin's but a war carried out by all Russians. It's not Putin who is pulling the trigger in Bucha," he says, referencing the massacre that took place in 2022. In late February, Ukrainian President Volodymyr Zelenskyy said 31,000 Ukrainian soldiers had been killed since Russia launched the invasion. Nevertheless, the war in Ukraine rages on, and Mykhed offers me a stark reminder of that fact when talking about his book.
Persons: , Oleksandr Mykhed, Olena, Lisa, Mykhed, Putin, It's, hasn't, Volodymyr Zelenskyy, Bucha, Chris McGrath, you'd Organizations: Service, Russia, Business, Ukrainian Armed Forces, United Nations Human Rights Locations: Ukraine, Ukrainian, Hostomel, Kyiv, Mykhed, Chernivtsi, London, Crimea, Bucha, Russia, Kharkiv
Read previewThe G7 summit has long been a showcase of global leadership and power. But 2024's group of leaders appears to be one of the weakest that has attended the summit for some time. French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni, US President Joe Biden, and Japanese Prime Minister Fumio Kishida at the G7 summit. 'Brittle at best'Payne argued that some of the G7 leaders aren't outright weak; rather, they face circumstances that threaten their authority. And right now, the domestic foundations of most of the G7 leaders are brittle at best," he added.
Persons: , Inderjeet Parmar, Emmanuel Macron, Olaf Scholz's, Rishi Sunak, Giorgia Meloni, Joe Biden, Fumio Kishida, Antonio Masiello, Andrew Payne, Payne, Donald Trump, Hunter Biden's, Parmar, aren't Organizations: Service, Business, Politico, City University of London, EU, Olaf Scholz's Social Democrats, Christian Democrats, Social Democrats, White House Locations: Canada, France, Germany, Italy, Japan, Italian, Ukraine
Along with two other vessels, these Russian navy assets were scheduled to be stationed in Cuba for a five-day visit. This story is available exclusively to Business Insider subscribers. Russia's reassurances that the vessels in Cuba pose no harm come in spite of the fact that they are some of the Kremlin's most lethal military assets. Related storiesThe Cuban foreign ministry, for its part, echoed Russia's sentiments, saying that the vessels pose no threat, per Reuters. Representatives for the US Southern Command and Russian defense ministry didn't immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Dmitry Peskov, Gorshkov, Sabrina Singh, Helena, Russia's, didn't Organizations: Service, Russian, Business, Reuters, NATO, Pentagon, Department of Defense, Southern Command, US Southern Command, Business Insider Locations: Russia, Cuba's, Havana, Caribbean, Cuba, Gorshkov Russian, Cuban, United States, Ukraine, Los Angeles, Guantanamo
Russian President Vladimir Putin speaks during visit to the Joint Institute for Nuclear Research on June 13, 2024 in Dubna, Russia. Russian President Vladimir Putin on Friday set out the requirements for Moscow to start peace talks with Ukraine, more than two years after the Kremlin's full-fledged invasion of its neighbor. He said that Moscow was committed to ensuring the "unhindered and safe withdrawal" of Ukrainian forces if Kyiv agrees to such a concession. If the peace proposal is refused, Putin added, Moscow's future demands will be different. He has also insisted that Ukraine regain the peninsula of Crimea, which Russia annexed illegally prior to the current war, in February 2014.
Persons: Vladimir Putin, Putin, Volodymyr Zelenskyy's Organizations: Joint Institute for Nuclear Research, Russian Foreign Ministry, NATO —, Google, Tass, CNBC, Ukrainian Ministry of Foreign Affairs Locations: Dubna, Russia, Russian, Moscow, Ukraine, Donetsk, Luhansk, Zaporizhzhia, Kherson, Kyiv, ., Crimea
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewArmenia's announcement that it's going to leave a Russia-led alliance that was set up to rival NATO is a blow to the image Russian President Vladimir Putin wants to project, experts told Business Insider. In fact, experts say it's the opposite of what Putin hoped to achieve with the alliance. But leading it is still important to Putin as, in Putin's mind, "great powers lead alliances and organizations." Armenia snubbing RussiaPashinyan's announcement came after months of snubs against Putin, and criticism of the CSTO in general.
Persons: , Vladimir Putin, Nikol Pashinyan, Putin, Davis Ellison, Alexander Cooley, Thomas Graham, snubs, Pashinyan, Graham, Armenia doesn't Organizations: Service, NATO, Collective Security, Organization, Business, The Hague, Strategic Studies, Columbia University, Yale, Armenia's, Reuters, Getty Locations: Russia, Armenia, Kremlin, Soviet Union, Moscow, Soviet, East, Azerbaijan, Ukraine, Washington, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA key Russian ally said it's quitting the Collective Security Treaty Organization, a group widely considered to be President Vladimir Putin's answer to NATO. The prime minister told lawmakers: "We will leave. Related storiesTensions have heightened between Russia and Armenia since Putin's full-scale invasion of Ukraine, which Pashinyan has refused to endorse on multiple occasions. Frankopan said the latest development may not end with Armenia leaving the CSTO if negotiations take place.
Persons: , it's, Vladimir Putin's, Nikol Pashinyan, he'd, Pashinyan, Putin, Pashinyan's, Dmitry Peskov, Peter Frankopan, Frankopan Organizations: Service, Security, Organization, NATO, Armenian, Associated Press, Business, AP, Kremlin, Oxford University, West . Relations, Ukraine —, Azerbaijan, International Criminal Locations: Russian, Russia, Moscow, Armenia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan, Ukraine, Balkans, Azerbaijan
Read previewA Russian warship docked off the coast of Cuba can carry advanced strike capabilities, specifically new hypersonic missiles. The Russian frigate Admiral Gorshkov arrived in Cuba on Wednesday ahead of a Caribbean air and maritime exercise after conducting drills in the Atlantic earlier in the week. Russian navy frigate Admiral Gorshkov launching a Zircon hypersonic missile in White Sea, Russia, on July 19, 2021. Hypersonic missiles are fast, highly maneuverable, and fly unpredictable flight paths and patterns that can make intercepting them extremely difficult. Russian navy frigate Admiral Gorshkov docked in the port in Richards Bay, South Africa on February 22, 2023.
Persons: , Admiral Gorshkov, Gorshkov, Goshkov, Putin, GUILLEM SARTORIO Organizations: Service, Kremlin, Business, NATO —, Russian Defense Ministry Press Service, AP, Russia's Defense Ministry, Getty, DF, ZF Locations: Cuba, Russian, Sea, Russia, Richards Bay , South Africa, AFP, China, Japan
The Russian nuclear-powered submarine Kazan (L) and the class frigate Admiral Gorshkov, part of the Russian naval detachment visiting Cuba, arrive at Havana's harbour, June 12, 2024. Russian navy ships churned into Havana harbor on Wednesday, a stopover the U.S. and Cuba said posed no threat but which was widely seen as a Russian show of force as tensions rise over the Ukraine war. Cuba said last week that the visit was standard practice by naval vessels from countries friendly to Havana. "At no point have the ships or submarine posed a direct threat to the United States." "The visiting Russian warships are Putin's way of reminding Biden that Moscow can challenge Washington in its own sphere of influence," Leogrande said.
Persons: Gorshkov, Nikolay Chiker, Biden, Russia —, William Leogrande, Leogrande Organizations: U.S, Reuters, U.S . Naval Air Station, Russia, American University, Washington Locations: Russian, Cuba, Havana's, Havana, Ukraine, United States, Key West , Florida, Moscow
Read previewRussia is fumbling a golden opportunity in Ukraine as its latest offensive stalls, experts told Business Insider. The monthslong Republican delay over a new tranche of US military aid had left Ukrainian forces desperately short of ammo and equipment. AdvertisementBut it's likely Putin had other goals — and he may have succeeded in some of them, Bury told BI. Even so, it looks like Russian forces were quickly overextended and poorly protected, The Telegraph reported. "The Kharkiv offensive, even if it wasn't what the Russians have hoped for, ultimately in many ways it served its purpose," said Reynolds.
Persons: , John Kirby, Patrick Bury, Vladimir Putin, readying, Jake Epstein, Chasiv Yar, Putin, Ann Marie Dailey, it's, Bury, Rob Lee, Nick Reynolds, Volodymyr Zelenskyy, Dailey, Putin's, Joe Biden —, Reynolds, Russia's Organizations: Service, White House National Security Communications, Business, UK's University of Bath, Republican, of Defence, BBC, Washington Post, RAND, Policy, Telegraph, Royal United Services Institute, for, Kyiv Post, Bury, Politico, Kharkiv, Russia's Kharkiv Locations: Ukraine, Kharkiv, Russia, Ukrainian, Vovchansk, Russian, Belgorod, Kyiv, Ukraine's, Sumy
CNN —The daughters of Russian President Vladimir Putin rarely make public appearances, but this week they took part in panels at the St. Petersburg International Economic Forum. Putin has said his daughters work in science and education and that he has grandchildren, but he has never confirmed their names. Katerina Tikhonova, Putin's daughter and the head of Innopraktika development initiative, virtually attended the Saint Petersburg International Economic Forum in Saint Petersburg, Russia, on Thursday. Olga Maltseva/AFP/Getty ImagesBoth of them have attended the annual St. Petersburg forum in the past, but only the younger daughter, Tikhonova, has been a speaker, according to the Russian independent outlet Novaya Gazeta Europe. Tikhonova, who is a tech executive, made a video appearance on Thursday at a forum about ensuring the “technological sovereignty” of the military-industrial complex.
Persons: Vladimir Putin, Maria Vorontsova, Katerina Tikhonova, Lyudmila, Putin, Olga Maltseva, Tikhonova, Vladimir Soloviev, Alexey Navalny, Vorontsova, Kirill Shamalov Organizations: CNN, St ., Economic, Saint Petersburg, Getty, Novaya Gazeta Europe, National Intellectual Development Foundation, US, Russian Association for, Science, Analysts Locations: St, St . Petersburg, Saint Petersburg, Russia, AFP, Petersburg, Russian, Ukraine, Dutch, Netherlands, Biarritz, France
Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024. Contributor | Getty Images News | Getty ImagesRussia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year. A view of the stand of the Russian private bank Alfa-Bank during the 27th St. Petersburg International Economic Forum in St. Petersburg, Russia on June 05, 2024. Guests from foreign countries seen during the first day of the St. Petersburg International Economic Forum 2024.
Persons: Vladimir Putin, SPIEF, Max Hess, Peter Szijjarto, There's, Vladimir Putin's, Yuri Ushakov, Putin, anders Pettersson Organizations: Lakhta Center, Saint Petersburg, Economic, Getty, St ., Economic Forum, Foreign Policy Research Institute, CNBC, Hungarian Foreign, Alfa, Bank, Anadolu, West, International Monetary Fund, U.S, Brics Locations: Saint Petersburg, Russia, Gazprom, St . Petersburg, Davos, Switzerland, Ukraine, Asia, Latin America, Africa, Eastern Europe, Slovakia, Hungary, Hungarian, St, Moscow, Russian, Germany, France, India, China, Johannesburg, South Africa
Read previewIt's the time of the year for the St. Petersburg International Economic Forum — or the "Russian Davos," as it's sometimes called. This year, the biggest names attending the event include Bolivian President Luis Arce and Zimbabwean President Emmerson Mnangagwa. Related VideoBut the four-day economic forum, which started on Wednesday, now also features the children of the Kremlin's top echelons, Bloomberg reported on Wednesday. Advertisement"Now that this opportunity has become harder, the way to protect themselves is to appoint their children as bosses," Schulmann told Bloomberg. Putin is scheduled to address the economic forum on Friday.
Persons: , Vladimir Putin's, Emmanuel Macron, Xi Jinping, Narendra Modi, Angela Merkel, Luis Arce, Emmerson Mnangagwa, Maria Vorontsova, Katerina Tikhonova, Anton Vaino's, Alexander, Ekaterina Schulmann, Schulmann, Putin Organizations: Service, St ., Economic, Indian, Business, Bolivian, Bloomberg, Russian Association for, Kremlin, Carnegie Russia Eurasia Center Locations: St, St . Petersburg, Russian Davos, Russian, Russia, Ukraine, Berlin
Read previewRussian leader Vladimir Putin said on Wednesday he could send long-range weapons to "regions around the world" wanting to strike Western targets after the US and its allies authorized Ukrainian strikes with their arms on Russian soil. He claimed without evidence that Western nations supplying long-range arms to Ukraine were also deploying personnel to direct and aim munitions fired by said weapons. Putin's comments came just days after Washington and Berlin reversed their long-standing policies and allowed Kyiv to launch strikes with American and German weapons. AdvertisementBut President Joe Biden has only permitted Ukraine to fire on military targets in Russian regions bordering the northeastern region of Kharkiv. AdvertisementThe US sent Ukraine about $47 billion in military aid between February 2022 and February 2024, per the Kiel Institute.
Persons: , Vladimir Putin, Putin, We're, John Kirby, It's, Joe Biden Organizations: Service, Atlantic Treaty Organization, Russian Federation, Business, Kremlin, White House, Kiel Institute, Congress, Center for Strategic & International Studies Locations: St . Petersburg, Kyiv, Moscow, Russia, Ukraine, Washington, Berlin, France, Kharkiv, Russian, Belgorod, couldn't, Europe, Kiel
Read previewFormer President Donald Trump's conviction in his Manhattan hush money criminal trial was due to his rivals' political machinations, Russian leader Vladimir Putin said on Wednesday. "They are burning themselves from the inside, their state, their political system," he said. On the contrary, they believe that these decisions were made for political reasons," Putin said on Wednesday, referencing the surge in donations to Trump's campaign, per the state-run Russian news agency TASS. AdvertisementIn February, Putin told Russian state media that Biden was his preferred candidate because he's "more experienced, more predictable." He wants Biden because he's going to be given everything he wants, including Ukraine," Trump said at a rally in South Carolina in February.
Persons: , Donald Trump's, Vladimir Putin, Trump, Putin, Stormy Daniels, Trump's, Putin's, Crooked Joe Biden —, Biden, he's, stridently, There's Organizations: Service, St ., Economic, Reuters, Business, Biden Locations: Manhattan, St, St . Petersburg, United States, America, Russian, Ukraine, South Carolina
Read previewIndia's Prime Minister Narendra Modi emerged from Tuesday's election with his air of invincibility damaged. AdvertisementA leader of the global southUnder Modi, India's growth has put it on the path to becoming the world's third-biggest economy by 2027 — and it has become an important and increasingly abrasive global power player. He has sought to balance this by forming ties with US adversary Russia and has clashed with Asia's chief power, China. Advertisement"This election result is unlikely to have much of an impact on India's international security actions," said Rossow. Alexandr Demyanchuk/AFP/Getty ImagesBut there will be serious challenges for Modi in seeking to cement India's new global status.
Persons: , Narendra Modi, Modi, Richard Rossow, Joe Biden, Dan Kitwood, it'll, Rossow, Modi's, Vladimir Putin, Alexandr Demyanchuk, Vladimir Putin's, Washington, China's Xi Jinping, Putin, Ashley J Organizations: Service, BJP, Business, Modi, UN Security Council, Center for Strategic, International Studies, India, US, UK, Washington Post, Indian, Shanghai Cooperation Organisation, Carnegie Endowment, International Peace Locations: India, Russia, China, New Delhi, Australia, Japan, Canada, Russian, Samarkand, AFP, Vladimir Putin's Russia, Ukraine, Pakistan
Russian President Vladimir Putin has started wearing body armor when out at outdoor public events. Officials told The Moscow Times that Putin's security team had recommended the measure. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian leader Vladimir Putin has started wearing body armor at outdoor public events, The Moscow Times reported on Tuesday, citing officials who had seen Putin at these events. "This year on May 9, the chief was clearly wearing concealed body armor during the parade," an official said of Putin's appearance at this year's Moscow Victory Day parade.
Persons: Vladimir Putin, , Putin Organizations: Moscow Times, Service, Business
Russia knows Putin's Crimea bridge is "doomed," a Ukrainian official told The Economist. Dmitry Pletenchuk said Russia is using a new railway because it knows the bridge is in trouble. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia knows its Crimea bridge is doomed, which is forcing it to rely on a new railway for its military, according to a Ukrainian official. It came after the US supplied long-range ATACMS to Ukraine, putting higher-value targets, including Crimea's Kerch Bridge, in Ukraine's crosshairs.
Persons: Dmitry Pletenchuk, Organizations: Service, Business Locations: Russia, Crimea, Ukrainian, Ukraine, Kerch, Ukraine's
Read previewAt the Shangri-La conference in Singapore on Sunday, Ukraine's President Volodymyr Zelenskyy accused China of doing Russia's bidding in seeking to disrupt a peace conference scheduled for June. "Regrettably this is unfortunate that such a big independent powerful country as China is an instrument in the hands of [Russian President Vladimir] Putin," said Zelenskyy of China, whose economy is vastly bigger than Russia's. Zelenskyy's remarks highlight the increasing interdependence between China and Russia in the wake of Russia's 2022 Ukraine invasion. It's bad news for Russia's President Putin, with the Russian gas industry having been badly impacted by sanctions and increasingly dependent on exports to non-Western countries, notably China. AdvertisementIf Xi comes out of the Ukraine war with little to show, then his credibility and bid to assert China as the world's major power will be seriously dented.
Persons: , Volodymyr Zelenskyy, Vladimir, Putin, Xi Jinping, Xi, he's Organizations: Service, Business, Financial, Russia's, Central Asian Republics Locations: Singapore, China, Russia, Ukraine
Five senior figures in Russia's defense establishment have been arrested on corruption charges. The arrests follow the replacement of Sergei Shoigu as defense minister. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt began with Timur Ivanov, Russia's then-deputy defense minister, who was arrested after being accused of taking bribes "on a particularly large scale."
Persons: Sergei Shoigu, , Timur Ivanov, Russia's, Yuri Kuznetsov, Andrey Kozyrev, Boris Yeltsin, Putin, Foreman Organizations: Russia's MOD, Service, Kremlin, Business Locations: Moscow, Cyprus
Read previewJeffrey Sonnenfeld and Steven Tian, two researchers at the Yale School of Management, have been targeted for their views on Russia's economy since the war in Ukraine began. Soaring prices and ailing consumer sentiment have hit key sectors in Russia's economy, and Moscow is paying a huge cost to keep its war machine running. Steven Tian Courtesy of Steven TianAt that time, Tian and Sonnenfeld began noticing cracks forming in Russia's economy. "Putin has no grand strategy other than to hope Trump wins and cuts a favorable deal with Russia," Tian said. Positive forecasts on Russia's economy are based on a lack of visibility, Sonnenfeld and Tian say.
Persons: , Jeffrey Sonnenfeld, Steven Tian, they've, Vladimir Putin's, Tian, Putin, he'd, Sonnenfeld, I've, Biden, Steven Organizations: Service, Yale School of Management, Business, Yale, IMF, Trump Locations: Ukraine, Moscow, Russia
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