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☆ Russia's massive exploding tank bombs make a big boom but don't do much damage, UK intel says
▼ + stars: | 2023-07-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia is filling armored vehicles with explosives and directing them at Ukraine's troops, the UK MOD said. The MOD said there was a good chance Chechen forces were pioneering the use of the tactic. According to the UK MOD, most uses of this tactic have been recorded near Marinka, a city in eastern Ukraine that has been obliterated in the fighting. "There is a realistic possibility that Chechen forces are pioneering the tactic," the MOD said. Chechen forces have mostly been operating outside of Russia's military command during the conflict, but recently signed contracts with Russia's defense ministry to be brought under the ministry's control.

Persons: hasn't, Romanov_92, Mark Hertling, Sam Fellman Organizations: MOD, Service, UK Ministry of Defence, Twitter, Chechen Locations: Russia, Wall, Silicon, Ukrainian, Marinka, Ukraine

☆ Putin reassures Asian allies of Russia's stability after mutiny
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +3 min

[1/2] Russian President Vladimir Putin attends a summit of leaders of the Shanghai Cooperation Organisation (SCO) via a video conference call at the Kremlin in Moscow, Russia, July 4, 2023. Sputnik/Alexander Kazakov/Kremlin via REUTERSMOSCOW, July 4 (Reuters) - President Vladimir Putin reassured Asian leaders of Russia's stability and unity on Tuesday in his first appearance at an international forum since the country was rocked by a brief armed mutiny last month. "The Russian people are consolidated as never before," Putin told a virtual meeting of the Shanghai Cooperation Organisation (SCO), a group that also includes China and India. Putin told the group there was a growing risk of a new global economic and financial crisis fuelled by developed countries' debts and worsening food and environmental security. Reporting by Reuters, writing by Mark Trevelyan Editing by Andrew Osborn and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Alexander Kazakov, Putin, Wagner, Yevgeny Prigozhin, Alexander Lukashenko, Mark Trevelyan, Andrew Osborn, Raju Gopalakrishnan Organizations: Shanghai Cooperation Organisation, Kremlin, Sputnik, REUTERS, Fatherland, Moscow, Belarus, SCO, Reuters, Thomson Locations: Moscow, Russia, Kremlin, REUTERS MOSCOW, China, India, Russian, Ukraine, Iran, United States

☆ Ukraine's Zelenskiy says 'serious threat' remains at Zaporizhzhia nuclear plant
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +2 min

KYIV, July 1 (Reuters) - Ukrainian President Volodymyr Zelenskiy warned on Saturday that a "serious threat" remained at the Russian-occupied Zaporizhzhia nuclear power plant and said Russia was "technically ready" to provoke a localized explosion at the facility. Zelenskiy cited Ukrainian intelligence as the source of his information. Zelenskiy called for greater international attention to the situation at the facility in southeastern Ukraine, which is Europe's largest nuclear plant. The Zaporizhzhia nuclear plant, located near the city of Enerhodar in southern Ukraine, has been occupied by Russia since early March last year, shortly after Moscow's invasion. Russia has previously denied Kyiv's accusations that Russia was preparing an explosion at the plant.

Persons: Volodymyr Zelenskiy, Zelenskiy, Pedro Sanchez, Sanchez, Olena Harmash, Tom Balmforth, David Holmes Organizations: Spanish, Ukraine, Thomson Locations: Russian, Russia, Kyiv, Ukraine, Spain, Enerhodar, Moscow, Soviet Union, Europe

☆ Serious threat remains at Ukraine nuclear plant, Zelenskiy says
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +3 min

[1/2] Rescuers and police officers attend an anti-radiation drill in case of an emergency situation at the Zaporizhzhia Nuclear Power Plant, in Zaporizhzhia, Ukraine June 29, 2023. REUTERS/Stringer/File PhotoKYIV, July 1 (Reuters) - Ukrainian President Volodymyr Zelenskiy warned on Saturday that a "serious threat" remained at the Russian-occupied Zaporizhzhia nuclear power plant and said Russia was "technically ready" to provoke a localized explosion at the facility. Zelenskiy called for greater international attention to the Zaporizhzhia plant, Europe's largest civil nuclear facility, and urged sanctions on Russia's state nuclear company Rosatom. Energoatom, Ukraine's nuclear power authority, said on Friday it had conducted two days of exercises simulating the effects of an attack on the Zaporizhzhia plant. Ukraine, then part of the Soviet Union, suffered the world's worst nuclear accident in 1986, when clouds of radioactive material spread across much of Europe after an explosion and fire at the Chornobyl nuclear power plant.

Persons: Stringer, Volodymyr Zelenskiy, Zelenskiy, Pedro Sanchez, Russia's Wagner, Yevgeny Prigozhin, U.N, Vassily Nebenzia, Sanchez, Olena Harmash, Tom Balmforth, David Holmes, Ron Popeski, David Gregorio Our Organizations: REUTERS, Spanish, Thomson Locations: Zaporizhzhia, Ukraine, Russian, Russia, Rivne, Belarus, Spain, Enerhodar, Soviet Union, Europe

☆ What next for Wagner? Russia’s Putin battles to regain control after short-lived revolt
▼ + stars: | 2023-06-30 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Members of Wagner group looks from a military vehicle in Rostov-on-Don late on June 24, 2023. It marked what many regard as the greatest challenge to Russian President Vladimir Putin's authority in his more than two decades in power. Russian President Vladimir Putin meets with servicemen at the Kremlin in Moscow on June 27, 2023. At best, Granville said the Wagner Group was likely to be "a shadow of its former self" in Ukraine following the revolt. Russia's political crisisRussian Foreign Minister Sergey Lavrov on Friday dismissed questions about a political crisis.

Persons: Wagner, Roman Romokhov, Vladimir Putin's, Yevgeny Prigozhin, Vladimir Putin, Mikhail Tereshchenko, nationalize Wagner, Putin, Wagner Group's Prigiozhin, Alexander Lukashenko, that's, Pat Ryder, Faustin, BARBARA DEBOUT, Ryder, It's, Christopher Granville, Granville, Sergey Lavrov, Lavrov, Sergei Surovikin, Surovikin Organizations: AFP, Getty, Wagner Group, Kremlin, Russian Ministry of Defense's, Wagner, Russian Armed Forces, Belarusian, Analysts, CNBC, Pentagon, Central African, TS Lombard, Reuters, Associated Press Locations: Rostov, Ukraine, Moscow, Europe, U.S, Russia, Asipovichy, Belarus, Belarusian, Africa, Syria, BANGUI, Central African Republic, Bangui, France, AFP, Russian

☆ Watch Putin draw a weird face on a smart board as Russia tries to act like everything is normal after Wagner went rogue
▼ + stars: | 2023-06-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Putin made two public appearances this week just days after the Wagner Group staged a revolt. Military experts told Insider that the Wagner coup could very well be the beginning of the end for Putin's multi-decade reign. On Thursday, the Russian president attended the Agency for Strategic Initiatives forum, where he toured an exhibition of award-winning concepts for new national brands that can substitute Western products, according to Russian state media agency Tass. In a Telegram post, Russian state news agency TASS shared video of Putin interacting with the NexTouch interactive touch screen. The Thursday appearance came one day after Russian state television broadcast Putin meeting "hundreds of people" in Derbent, Dagestan.

Persons: Putin, Wagner, —, Yevgeny Prigozhin, Prigozhin, doodled, Putin's Organizations: Wagner Group, Service, Kremlin, Prigozhin, Agency for Strategic Initiatives, TASS, Putin Locations: Russian, Ukraine, Moscow, Belarus, Derbent, Dagestan

☆ Take Five: Summer strife
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +5 min

1/ TIME FOR SOME NON-FARMInvestors betting on resiliency of the U.S. economy have found solace in the solid labor market. Economists polled by Reuters expect 200,000 new jobs were created in June, a slowdown from recent monthly growth. The jobs report comes after the Federal Reserve skipped raising rates in June after lifting them at 10 straight meetings. No doubt central banks have had some success in quelling inflation with rate rises. Still with the inflation fight far from over, expect companies to now face greater scrutiny from policymakers and consumers alike.

Persons: Lewis Krauskopf, Kevin Buckland, Naomi Rovnick, Amanda Cooper, Karin Strohecker, Jerome Powell, Tuesday's, Wagner, Vladimir Putin's, Dhara Organizations: Reuters, Federal Reserve, CHINA BLUES, Societe Generale, The Reserve Bank of Australia, Aussie, Reuters Graphics Reuters, IMF, Thomson Locations: United States, China, Japan, Lewis, New York, Tokyo, London, U.S, Beijing, Ukraine, Russia

☆ What could break as interest rates rise?
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +5 min

Sweden, where rates rose again on Thursday, is one to watch with most homeowners' mortgages moving in lockstep with rates. Reuters Graphics2/ REAL ESTATE: PART 2Having taken advantage of the low rates era to borrow aplenty and buy up property assets, the commercial real estate sector is grappling with higher debt refinancing costs as rates rise. "The single most important thing is interest rates. But not just interest rates; what it is equally important is the predictability of rates," said Thomas Mundy, EMEA head of capital markets strategy at real estate firm JLL. "If we were settled on an interest rate, real estate prices could adjust.

Persons: Richard Portes, Thomas Mundy, Banks, Florian, Ielpo, Jerome Powell, Markus Allenspach, Julius Baer, Nick Kraemer, Wagner, Vladimir Putin's, Putin, Tina Fordham, Chiara Elisei, Naomi Rovnick, Nell Mackenzie, Karin Strohecker, Vincent Flasseur, Kripa Jayaram, Sumanta Sen, Pasit, Dhara Ranasinghe, Alison Williams Organizations: International Monetary Fund, Reuters, Federal, Finance, London Business School, Lombard, Federal Reserve, Casino, Sweden's SBB, Fordham Global Foresight, Thomson Locations: Britain, Norway, Russia, Sweden, lockstep, London's, City, RUSSIA, Ukraine

Wagner fighters took control of the southern port and logistical hub for Russia's war in Ukraine on Saturday morning. Facial recognition software linked him to an account on VKontakte, Russia’s Facebook equivalent, created in the name of Dmitry Chekov. Russian media reported last September that Prigozhin had visited prisones in Rostov region, recruiting more than 1,000 convicts for Wagner. The man was identified by facial recognition software as 33-year-old Sergei Shirshov, a native of the Volga River city of Saratov. A third Wagner fighter pictured in Rostov was identified by facial recognition software as Roman Yamalutdinov, a native of Krasnoyarsk in Siberia.

Persons: Wagner, Prigozhin Prigozhin, Vladimir Putin's, Yevgeny Prigozhin, Sergei Shoigu, Prigozhin, Putin, Alexander Lukashenko, Dmitry Chekov, Chekov's, Sergei Shirshov, Shirshov, Yamalutdinov, Olga Romanova, Felix Light, Filipp Lebedev, Guy Faulconbridge, Mike Collett, White, Angus MacSwan Organizations: Wagner Group, Don, Reuters, Belarusian, Facebook, TASS, Local, Penal, Thomson Locations: TBILISI, Russian, Rostov, Ukraine, Moscow, Bakhmut, Belarus, Volga, Saratov, Saratov region's, Krasnoyarsk, Siberia, Tbilisi

☆ Senior Russian lawmaker calls for professional army of seven million
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +2 min

Lawmaker Leonid Slutsky, who early in the 16-month war took part in peace negotiations with Ukraine, said that Russia needs a contract army of at least seven million military and civilian personnel, on top of the current conscript army. He said Wagner fighters can continue fighting with Russian army, go home or go to Belarus. At the end of 2022, Putin backed beefing up the army to 1.5 million combat personnel - including 695,000 contract soldiers - from 1.15 million. Creating a contract army of seven million would require a huge budget allowance. The Russian economy, crippled by the war and subsequent Western sanctions contracted 2.2% percent last year and is expected to rebound only marginally this year.

Persons: Leonid Slutsky, Sergei Lavrov, Sheikh Mohammed bin Abdulrahman, Evgenia, weekend's, Yevgeny Prigozhin, Wagner, Vladimir Putin, Putin, Lidia Kelly, Stephen Coates Organizations: Russia's, Russian, Qatari Deputy, Foreign, REUTERS, Liberal Democratic Party, Thomson Locations: Sheikh Mohammed bin Abdulrahman Al, Thani, Moscow, Russia, Russian, Ukraine, aborting, Belarus, Melbourne

☆ Analysis: Belarus leader, long the supplicant, feted in Russia after mutiny role
▼ + stars: | 2023-06-27 | by ( Andrew Osborn | ) www.reuters.com time to read: +5 min

[1/2] Russian President Vladimir Putin and Belarusian President Alexander Lukashenko speak during a meeting at the Bocharov Ruchei residence in Sochi, Russia June 9, 2023. It was Lukashenko, according to his own narrative and Putin, who played a major role in ending a mutiny that threatened to destabilise the world's largest nuclear power. "Without Putin's support, the Lukashenko regime will not be able to survive," exiled Belarusian opposition leader Sviatlana Tsikhanouskaya said on Twitter. High-profile Russian state TV presenter Vladimir Solovyov said Lukashenko deserved to be made a Hero of Russia and Dmitry Peskov, Putin's spokesman, on Tuesday lavished praise on the Belarusian leader. Independent Belarusian media outlet Zerkalo (the Mirror), which monitored Belarusian state TV coverage of Lukashenko's role, cited presenter Yevgeny Pustovoi as saying that Minsk was becoming "the peacemaker of Slavic civilisation".

Persons: Vladimir Putin, Alexander Lukashenko, Russia's Vladimir Putin, Wagner, Lukashenko, Putin, Yevgeny Prigozhin, Prigozhin, you'll, Sviatlana Tsikhanouskaya, Vladimir Solovyov, Russia, Dmitry Peskov, Yevgeny Pustovoi, Zerkalo, Andrew Osborn, Mike Collett, White, Alex Richardson Organizations: Belarusian, Sputnik, REUTERS LONDON, Twitter, Russia's, Duma, NATO, Independent, Thomson Locations: Sochi, Russia, Kremlin, defusing, Belarusian, Moscow, Soviet, Belarus, Independent Belarusian, Minsk

☆ Russia seeks calm after aborted mutiny, West sees cracks in Putin's power
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +6 min

"We've seen more cracks emerge in the Russian facade," Blinken told NBC's "Meet the Press" programme on Sunday. It was unclear if his visit to Russia's strongest ally was precipitated by the Wagner mutiny. It vouched support for Russia's efforts to maintain national stability, referring to the tension as Russia's "internal affairs". Biden and Trudeau both expressed support of Ukraine as it pursues a counteroffensive to recover territory seized by Russia, according to official statements. Giving its daily morning roundup on Monday, the General Staff of Ukraine’s Armed Forces said Russian forces had conducted unsuccessful operations around Bakhmut.

Persons: Vladimir Putin, Wagner, Yevgeny Prigozhin, Alexander Lukashenko, Sergei Shoigu, Putin, groping, Antony Blinken, Blinken, NBC's, Andrei Rudenko, Volodymyr Zelenskiy, Joe Biden, Justin Trudeau, Biden, Trudeau, Zelenskiy, Lukashenko, Antonio Tajani, Dmitry Peskov, Prigozhin, Hanna Maliar, Serhiy Nayev, ” Nayev, Simon Cameron, Moore, Lincoln Organizations: Wagner Group, Defence, Press, Russia's, Russian Federation, U.S, Canadian, Twitter, Russia's Security, Defence Ministry, Russia's TASS, RIA, Staff of Ukraine’s Armed Forces, Russian, Ukraine's Joint Forces, Reuters, Thomson Locations: Russia, Ukraine, Moscow, Russian, Rostov, Belarus, Beijing, China, Bolshevik, Lyman, Donetsk, Bakhmut

☆ The fragile truce that halted Prigozhin's armed revolt against the Kremlin seems to be falling apart already
▼ + stars: | 2023-06-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Wagner forces halted their revolt on Saturday after striking a deal with the Kremlin. The president praised Wagner troops for turning back and pledged to uphold his promise that those who did so can join the Russian military or seek amnesty in Belarus. But Putin also railed against the "organizers" of the revolt — never naming Prigozhin directly — as traitors who will be "brought to justice." Prigozhin's whereabouts remain unknown, and neither Telegram post nor televised speech have offered any clarity on the future of Wagner's 25,000 troops who remain armed. Prigozhin still has thriving Wagner activities in Africa that are likely more appealing than a life of exile in Belarus.

Persons: Wagner, Prigozhin, Putin, —, Vladimir Putin, Yevgeny Prigozhin, Antony Blinken, Biden, Blinken Organizations: Service, Wagner Group, Washington Post Locations: Russia, Russian, Moscow, Belarus, Ukrainian, Bakhmut, Africa, Ukraine

☆ Live updates: Kremlin says deal reached to end Wagner insurrection
▼ + stars: | 2023-06-25 | by ( Rhea Mogul | Andrew Raine | ) edition.cnn.com time to read: +2 min

Wagner fighters pull out of the headquarters of the Southern Military District in the city of Rostov-on-Don on Saturday night. It followed an intervention by the Belarusian government, according to the Kremlin, who said a deal had been reached that would see the Wagner boss leave for Belarus. Prigozhin on Friday accused Russia’s military of attacking a Wagner camp and killing a “huge amount” of his men. Wagner troops then took control of a key military facility in the southern Russian city of Rostov-on-Don and some fighters advanced toward Moscow. The Wagner boss has agreed to leave Russia for neighboring Belarus, a spokesperson for the Kremlin said.

Persons: Wagner, Stringer, Yevgeny Prigozhin, Russia’s, Prigozhin, What's, Putin, Volodymyr Zelensky, Mykhailo Podolyak Organizations: Southern Military District, Don, Reuters, Kremlin Locations: Rostov, Moscow, Belarusian, Belarus, Russian, Russia, Ukraine, Ukrainian

☆ Top Russian generals beg Wagner to 'stop' the apparent mutiny led by Prigozhin, saying 'God forbid we have a civil war'
▼ + stars: | 2023-06-24 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +4 min

Russian generals are calling out Wagner chief Yevgeny Prigozhin, asking for troops to remain calm. The testimonial videos from the generals come after Prigozhin called for "payback" on Russian forces. On Friday, two top Russian generals appeared solemnly in front of similar beige walls, urging Wagner forces to focus their energy on combating Ukrainian forces, instead of Russia's army. The videos were published hours after Wagner Group founder Yevgeny Prigozhin called for "payback" against Russia, accusing the Kremlin of launching missile attacks against his troops. The latest escalation in the feud, stemming from March, comes after Prigozhin claimed that Russian troops attacked Wagner group positions with missile strikes.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, —, Yevgeny Prigozhin's, Sergei Surovikin, Vladimir Alekseyev, Alekseyev, Samuel Bendett, Prigozhin — Organizations: Service, Wagner Group, Russia, Kremlin, Times, Center for Naval Analyses, Wagner, Russia's, Reuters, Russia's Defense Ministry Locations: Russia, Russian

☆ Russia mercenary threat revives concern over nuclear arsenal security
▼ + stars: | 2023-06-24 | by ( Jonathan Landay | ) www.reuters.com time to read: +5 min

To be sure, U.S. officials say they do not see an immediate threat to the security of Russia's strategic and tactical weapons. "We have not seen any changes in the disposition of Russian nuclear forces," said a National Security Council spokesperson in response to questions from Reuters. U.S. intelligence agencies said in their 2023 Annual Threat assessment that "Russia's nuclear material security ... remains a concern despite improvements to material protection, control, and accounting at Russia's nuclear sites since the 1990s." Russia’s nuclear arsenal is the world’s largest, estimated in 2022 at 5,977 warheads by the Federation of American scientists, compared to an estimated 5,428 held by the U.S. “This has always been a super-high (U.S.) intelligence collection priority and the command and control of nuclear weapons in Russia,” said Hoffman.

Persons: Wagner, Alexander Ermochenko WASHINGTON, group's, Wagner's, Yevgeny Prigozhin, Vladimir Putin's, Marc Polymeropoulos, you’re, Ramzan, Kadyrov, Daniel Hoffman, Dmitry Peskov, Hoffman, “, Putin, ”, Jonathan Landay, Don Durfee, Daniel Wallis Organizations: Southern Military District, REUTERS, CIA, National Security, Reuters, Federation of, U.S, Thomson Locations: Rostov, Don, Russia, Moscow, Washington, Europe, Eurasia, U.S, Washington . U.S, Ukraine, United States

☆ Wagner Insurrection to Pile Pressure on Russia's Struggling Economy
▼ + stars: | 2023-06-24 | by ( ) www.wsj.com time to read: 1 min

The confrontation with the paramilitary Wagner Group is likely to erode confidence in Russian President Vladimir Putin's government and pile more pressure on an economy already strained by Western sanctions, said Erik Meyersson, chief emerging market strategist at SEB Group. “There’s only one direction for Russian financial assets in the short term,” said Meyersson. “Even if you think this is a failed attempted coup...there’s clearly going to be a weakening of the Russian regime and that should put a sizable risk premium on Russian assets.”

Persons: Wagner, Vladimir Putin's, Erik Meyersson, SEB, “, ”, there’s Organizations: Wagner Group, SEB Group

☆ Russian citizens warned to stay indoors are filming within spitting distance of Wagner troops in Rostov-on-Don
▼ + stars: | 2023-06-24 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Wagner leader Yevgeny Prigozhin marched on a Russian military building on Saturday. Videos on social media show troops from the Wagner mercenary group crowding the streets. Citizens can be seen filming from close distances despite being told to stay off the streets. One clip from Saturday morning verified by the Washington Post shows tanks rolling through the streets of Rostov-on-Don and surrounding Russia's Southern Military District headquarters. Fighters of Wagner private mercenary group are deployed in a street near the headquarters of the Southern Military District in the city of Rostov-on-Don, Russia, June 24, 2023.

Persons: Wagner, Yevgeny Prigozhin, —, Vasily Golubev, Prigozhin, Vladimir Putin Organizations: Service, Don, Washington Post, Military, Southern Military District, Post, Fighters, Reuters, Kremlin Locations: Rostov, Don, Russia, —, Ukraine, Russia's

☆ An Russian ex-commander says Wagner boss Yevgeny Prigozhin should face 'treason' charges after his latest tirade against Russia's war with Ukraine
▼ + stars: | 2023-06-23 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A Russian ex-commander said Wagner boss should be tried for "treason" over his latest anti-war tirade. Prigozhin posted a video on Friday calling the war a "racket" used to line oligarchs' pockets. "The war wasn't needed to return Russian citizens to our bosom, nor to demilitarize or denazify Ukraine," Prigozhin said in the video, according to The New York Times. And that rant ticked off Igor Girkin, the former commander of another Russian paramilitary group, and an ultranationalist who is also highly critical of Prigozhin and Russia's strategy. "Prigozhin already should have been handed over to a military tribunal for many things," Girkin wrote in a Telegram post on Friday, which was translated by The New York Times.

Persons: Wagner, Prigozhin, Prighozin, —, Yevgeny Prigozhin, Russia's Wagner, Putin, Igor Girkin, Girkin, he's Organizations: Service, The New York Times, New York Times Locations: Russian, Ukraine, The, Bakhmut

☆ Russian state security says it's launching a criminal case against Wagner mercenary boss Prigozhin in response to calls for 'armed rebellion'
▼ + stars: | 2023-06-23 | by ( Azmi Haroun | Jake Epstein | ) www.businessinsider.com time to read: +4 min

Russian state security says it's opening a criminal case against Wagner boss Yevgeny Prigozhin. The announcement came after Prigozhin called for revenge against Russia's defense ministry for a deadly strike on Wagner. Russian state security forces accused the mercenary group leader of calling for "armed rebellion." In a tirade posted to Telegram, Prigozhin said Russia's defense ministry "must be stopped" and the individuals responsible for the death of Wagner fighters must be punished. Friday's exchange between Prigozhin and Moscow's military leadership marked the latest in a months-long feud between the two parties.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Russia's, —, Dmitry Peskov, Vladimir Putin Organizations: Service, Wagner Group, Terrorism, Armed Forces, Russian Federation, [ Armed Forces, Wagner, Army Locations: Russian, Moscow, Russia, Ukraine, Prigozhin

☆ Russia tells Amazon Web Services to set up local representation or face restrictions
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

June 22 (Reuters) - Russia's state communications regulator Roskomnadzor has added Amazon Web Services (AMZN.O) and 11 other foreign technology companies to a widened list of firms it wants to open local offices or face penalties and possible bans. Moscow's subsequent invasion of Ukraine intensified Russia's disputes with Big Tech, ultimately leading to Twitter, Facebook and others being banned from the market. But despite the initial threats, may other listed web services remain operational and available, such as YouTube, Wikipedia, Telegram and Zoom. Amazon Web Services and another 11 mostly hosting sites were added on Thursday, Roskomnadzor's website showed. It was not immediately clear what the listing would mean for Amazon and others.

Persons: Roskomnadzor's, Alexander Marrow, David Evans Organizations: Web Services, Google, Facebook, Apple, Twitter, Big Tech, Thomson Locations: Russia, Ukraine

☆ Russia's Yandex fined for refusing to share user information with security services
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: 1 min

June 19 (Reuters) - A Moscow court fined Nasdaq-listed Yandex (YNDX.O) 2 million roubles ($24,242) for repeatedly refusing to provide the Federal Security Service, or FSB, with information about its users, Russia's state TASS news agency reported early on Monday. Since Moscow invaded Ukraine in February 2022, the search engine Yandex, while not itself under sanctions, has struggled to balance domestic pressure with the interests of its Western investors, and is now divesting its main revenue-generating businesses inside Russia and developing four newer units internationally. ($1 = 82.5000 roubles)Reporting by Lidia Kelly in Melbourne; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Lidia Kelly, Diane Craft Organizations: Nasdaq, Federal Security Service, TASS, Thomson Locations: Moscow, Ukraine, Russia, Melbourne

☆ 10 Things in Tech: Oracle rescinds job offers, Twitter is getting evicted, and CEOs predict what’s next
▼ + stars: | 2023-06-16 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

Big thanks to my amazing colleagues Hallam Bullock, Nathan Rennolds, and Lara O'Reilly for covering the newsletter while I was out. My colleague Sonam Sheth, however, is quite confused as to why hundreds of other people are also watching it. This setup means Amazon gets to list more items as eligible for free Prime shipping without having to significantly expand warehouses. They have to ship over 99% of their orders on time with an order cancellation rate of less than 0.5%. The US gives Russia's nuclear program about $1 billion every year.

Persons: It's, I'm, Siu, Hallam Bullock, Nathan Rennolds, Lara O'Reilly, I've, Sonam Sheth, Scott Olson, Eugene Kim, They've, Read, Elon, Valentina Tereshkova, Con —, Tupac, Diamond Naga Siu, Alistair Barr Organizations: Wall Street, Getty, Oracle, Twitter, Ikea, Benz, Washington Locations: Colorado, Spain, Portugal, Paris, California, San Diego, San Francisco, London

☆ The US is sending $1 billion every year to Russia's nuclear program, despite pledging to cripple its economy with sanctions
▼ + stars: | 2023-06-15 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

The US is heavily reliant on Russia's cheap nuclear fuel to produce emissions-free energy. Russia's nuclear agency has been running Zaporizhzhia nuclear power plant since its capture from Ukraine. The money for enriched uranium is received by subsidiaries of Rosatom, Russia's state-owned nuclear agency, which has been running Ukraine's Zaporizhzhia nuclear power plant since its forceful capture in March 2022. US companies spent about $1 billion in 2022 buying nuclear fuel from Rosatom, The New York Times reported. According to The New York Times, around a third of enriched uranium used in the US is now imported from Russia.

Persons: —, Joe Biden, Darya Dolzikova, ANDREY BORODULIN, Biden, Putin, Antony Froggatt, Frogatt Organizations: Service, The New York Times, Times, Royal United Services Institute, Getty, Union, West, Street Journal, Rosatom, Environment and Society Centre of London, Chatham House, Washington Post Locations: Ukraine, The, Russia, Rosatom, Russia's, AFP

"But the situation is changing and it is possible that a window of opportunity will appear before the end of this year, then we will issue yuan bonds." Russian firms placed bonds worth 1.7 billion yuan ($237.5 million) in May. The bank has issued 140 billion roubles ($1.7 billion) worth of rouble-denominated bonds this year, he said, and would continue to do so at the right price. The head of Sberbank rival VTB last week told Reuters Russia's economy had adapted to sanctions. Sberbank's record first-quarter profit of 357.2 billion roubles featured no one-time revenues, meaning profits should grow as the business does, Skvortsov said.

Persons: Taras Skvortsov, Skvortsov, VTB, Alexander Marrow, Elena Fabrichnaya, Lisa Shumaker Organizations: Reuters, Monetary Fund, Thomson Locations: Russia, Ukraine MOSCOW, Ukraine

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