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☆ Russia says it will not let foreign banks exit the market easily — unless they unfreeze Russian assets
▼ + stars: | 2023-09-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Russia's deputy finance minister said the country will not let foreign banks exit the market easily, per Reuters. Russia's decision to allow the banks to leave will "depend on the decision to unfreeze Russian assets," he said. It is not clear how many of these Russian assets were frozen by Western banks. AdvertisementAdvertisementMoiseev said at the Friday forum that there's one foreign bank applying to sell its assets in Russia, per Reuters. That jumped to nearly $10 billion at the end of March 2023, per the FT.AdvertisementAdvertisementRussia's finance ministry, Kyiv School of Economics, Bank of China, Industrial & Commercial Bank of China, China Construction Bank, and Agricultural Bank of China did not immediately respond to requests from Insider for comment.

Persons: Alexei Moiseev, Vladimir Putin's, it's, —, Moiseev, Raiffeisen Organizations: Reuters, Service, Yale University, Raiffeisen, Kyiv School of Economics, Bank of China, Industrial, Commercial Bank of, China Construction Bank, Agricultural Bank of, Financial Times, Agricultural Bank of China Locations: Russia, Wall, Silicon, Russian, Ukraine, Moscow, Commercial Bank of China, China, Agricultural Bank of China

That means the two-day summit from September 9 will be dominated by the West and its allies. The G20 leaders who will attend include U.S. President Joe Biden, German Chancellor Olaf Scholz, French President Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman and Japan's Fumio Kishida. "If the leaders' summit is a flop, New Delhi and especially Modi will have suffered a major diplomatic, and political, setback," Kugelman said. "The positions have hardened since the Bali Summit," a senior Indian government official told Reuters, referring to the 2022 summit held in Indonesia. Lavrov said last week Russia will block the final declaration of the G20 summit unless it reflects Moscow's position on Kyiv and other crises.

Persons: Adnan Abidi, Li Qiang, Xi Jinping, Vladimir Putin's, Joe Biden, Olaf Scholz, Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman, Japan's, Michael Kugelman, Narendra Modi, Modi, Kugelman, Joko Widodo, Justin Trudeau, Sergei Lavrov, Putin, battlelines, Trudeau, Ukraine's Volodymyr Zelenskiy, Zelenskiy, Lavrov, David Boling, N.K, Singh, Larry Summers, Katya Golubkova, Kentaro Sugiyama, Sakura Murakami Organizations: REUTERS, West, South Asia Institute, Wilson Center, Indian, New, Reuters, Bali, Canada's, Russian, Diplomats, Eurasia Group, Thomson Locations: New Delhi, India, DELHI, Ukraine, China, Russia, Saudi, Washington, Bali, Indonesia, Indonesian, CHINA, Brazil, South Africa, Johannesburg, U.S, Tokyo

☆ Russia is massively expanding its arsenal of drones, and Moscow's unmanned attacks on Ukraine are likely to only get bigger
▼ + stars: | 2023-09-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +10 min

Experts say Moscow could use its expanded arsenal for bigger drone attacks against Ukraine in the coming months. The Russian drones seen in Ukraine have come in all sorts of shapes and sizes, and with varying missions. We can see greater pressure on Ukrainian air defenses and electronic warfare defenses." Larger drone attacks could also be explained by a shift in how Russia carries out its high-volume strikes. And that could, in turn, up the pressure on Ukraine's air defenses.

Persons: Shaheds, George Barros, —, Vladimir Putin's, Volodymyr Zelenskyy, Samuel Bendett, Oleksii, Bendett, Barros, It's, ISW Organizations: Service, Ukraine, Institute for, National Police, REUTERS, Research, Russian Federation, Center for Naval, Ukrainian, Kyiv, Getty, Ukraine's Ministry of Defense Drones, Russia Locations: Russia, Ukraine, Moscow, Wall, Silicon, Ukrainian, Washington, Iran, Russian, Kyiv region, Kyiv, Iranian, Zaporizhzhia

☆ Russia dominated the first space race, but now it can't even land on the moon. Photos show the US and China are way ahead.
▼ + stars: | 2023-09-02 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

China, Russia, and the US (with its international allies) are all plotting huge new moonshots. Photos of the space efforts of the US, China, and Russia reveal how far behind the former space power has fallen. AdvertisementAdvertisementThe US and China are innovating, while Russia's space tech agesNASA's Space Launch System rocket with the Orion spacecraft aboard, at the Kennedy Space Center in Florida. Berger cited other underlying issues that are stifling Russia's space ambitions, like budget cuts, quality control, and corruption. Western sanctions have harmed Russia's space program in other ways, limiting its access to high-quality microchips, the AP reported.

Persons: Artemis, Russia isn't, hasn't, Russia's Luna, Bill Nelson, Luna, NASA’s, —, Tingshu Wang, Sergei Markov, Russia's, Steve Seipel, Yuri Borisov, Borisov, Bill Ingalls, Eric Berger, Vladimir Putin's, Berger, Xue Lei, landers, Roscosmos, Victoria Samson Organizations: Service, NASA, AP, Soviet Union, Operation, Space Corporation, Politico, New York Times, China National Space Administration, Vostochny, Luna, NASA’s Goddard Space Flight, Arizona State University NASA, Orion, NASA NASA, SpaceX, National Museum, Reuters, Kremlin, Kennedy Space Center, CNN, Russian Soyuz, Baikonur, Future Publishing, Getty, European Space Agency, ESA, Secure, Foundation Locations: Wall, Silicon, China, Russia, Soviet, Soviet Union, China National Space Administration Russia, Russia's Far, India, Russian, Beijing, Ukraine, Florida, Kazakhstan, Washington

☆ Ukraine has a key bridge in its sights, and Russia is throwing whatever it can, from sunken ships to smoke screens, into trying to defend it
▼ + stars: | 2023-09-01 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Russia has set up a number of defenses to protect the Kerch Bridge from Ukrainian drone boat attacks. The protective measures include using smoke screens, sunken ships, and containment booms, intelligence indicates. The Kerch Bridge is a key supply and logistics line and a symbol of its influence over Crimea. The new defensive strategies for protecting the Kerch Bridge include purposefully sunken ships, smoke generators, and containment booms, among other things, according to Western intelligence. That has made the Kerch Bridge a symbol of Russian oppression of Ukraine and a key target for Ukrainian forces.

Persons: It's, Vladimir Putin's Organizations: Service, Getty, Ukrainian Locations: Russia, Kerch, Ukrainian, Crimea, Wall, Silicon, Ukraine, AFP, Kerch Strait

☆ Russia to block G20 declaration if its views are ignored, Lavrov says
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

MOSCOW, Sept 1 (Reuters) - Russia will block the final declaration of this month's G20 summit unless it reflects Moscow's position on Ukraine and other crises, leaving participants to issue a non-binding or partial communique, Foreign Minister Sergei Lavrov said on Friday. "There will be no general declaration on behalf of all members if our position is not reflected," Lavrov told students at the prestigious Moscow State Institute of International Relations. The West denies any such intentions but says it wants Ukraine to defeat Russia on the battlefield and has imposed several rounds of sweeping economic sanctions in response to the invasion, which Russia calls a "special military operation". Lavrov said the West had raised Ukraine in meetings preparing for the summit, to which Russia had replied that "the issue is closed for us". "Another option is to adopt a document that focuses on specific decisions in the sphere of G20 competences, and let everyone say the rest on their own behalf," Lavrov said.

Persons: Sergei Lavrov, Lavrov, Vladimir Putin's, Putin, West, Guy Faulconbridge, Felix Light, Kevin Liffey Organizations: Moscow State Institute of International Relations, Thomson Locations: MOSCOW, Russia, Ukraine, New Delhi, China, India, Brazil, Moscow

☆ 'The war is coming home to Russia': Ukraine turns the tables on Moscow as drone warfare intensifies
▼ + stars: | 2023-09-01 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

"The war is coming home to Russia," Timothy Ash, emerging markets strategist at BlueBay Asset Management, said in emailed comments Wednesday. Alexander Nemenov | Afp | Getty ImagesAerial assaults have intensified in recent days with strikes occurring further into Russian territory. Drone warfareRussia blamed Ukraine for the latest drone attacks while Ukraine remained characteristically tight-lipped about these, and previous, assaults. Ukraine has been targeted with thousands of Russian drone attacks during the 19-month-long conflict, with its energy, defense and civilian infrastructure pummeled by swarms of Iranian-made UAVs. Experts agree that Ukrainian forces direct attempts to attack Russian territory and are likely to be assisted by disaffected anti-war Russians at times.

Persons: Vladimir Putin, Alexey Nikolsky, Timothy Ash, Putin, Ash, Alexander Nemenov, Mikhail Razvozhaev, Vladimir Putin's, Kirill Shamiev, Shamiev, Volodymyr Zelenskyy, Zelenskyy Organizations: Afp, Getty, Russian, BlueBay Asset Management, Police, Moscow International Business, Reuters, Russian Ministry of Defense, European Council, Foreign Relations, CNBC, Kremlin, Kyiv, Ukrainian Armed Forces Locations: Orenburg, Russia, Moscow, Russian, Crimea, Ukraine, Kerch, Bryansk, Sevastopol, Kyiv

☆ Wagner 'skull' flag flies over empty Prigozhin plane crash site in Russia
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

[1/5] A view shows a flag of the Wagner private mercenary group at the site of the plane crash that killed Wagner PMC top figures, including Yevgeny Prigozhin and Dmitry Utkin, in the Tver Region, Russia September 1, 2023. The plane on which Yevgeny Prigozhin was travelling to St Petersburg from Moscow crashed killing all 10 people on board on Aug. 23, including two other top Wagner figures, Prigozhin's four bodyguards and a crew of three. At the crash site near the village of Kuzhenkino in Russia's Tver region, there was no sign of the remains of the Embraer Legacy 600 jet, footage obtained by Reuters showed on Friday. All that remained was a makeshift stone memorial of four boulders to the mercenary chief surrounded by red carnations and a Wagner flag flying on a pole made from a tree branch. The flag sports a white skull surrounded by the words "PMC Wagner Group" in both English and Russian.

Persons: Wagner, Yevgeny Prigozhin, Dmitry Utkin, Prigozhin, Vladimir Putin's, Guy Faulconbridge, Philippa Fletcher Organizations: Wagner PMC, REUTERS, St, Embraer, Reuters, Wagner, Thomson Locations: Tver Region, Russia, St Petersburg, Moscow, Kuzhenkino, Russia's Tver, Rostov, Vladimir Putin's Russia

installed for the upcoming regional elections planned by the Russian-installed authorities, in the course of Russia-Ukraine conflict in Donetsk, Russian-controlled Ukraine, August 12, 2023. Russia does not fully control any of the four regions where the votes are being held - Donetsk, Luhansk, Zaporizhzhia and Kherson. Ukrainian officials say the elections are also illegal and show why it is impossible to hold any peace talks with Moscow until Russia withdraws all its troops from Ukrainian territory. The governors are all running with Russian President Vladimir Putin's endorsement having joined the Kremlin's United Russia bloc with fanfare in recent months and they face only nominal opposition. "They (Russian-installed officials) are going to walk from apartment to apartment, as they did before, talking to people.

Persons: Donbas, Alexander, Moscow's, Vladimir Putin's, Vadym Boichenko, Yevgeny Balitsky, Putin, Felix Light, Felix Hoske, Philippa Fletcher Organizations: REUTERS, Ukraine, United Nations, Assembly, Kremlin's United, Reuters, Kremlin, United, Thomson Locations: Russian, Russia, Ukraine, Donetsk, Ukraine Russia, Luhansk, Zaporizhzhia, Kherson, Crimea, Moscow, Kremlin's United Russia, Mariupol, Ukrainian, Kyiv, MOSCOW, United Russia

☆ Huge purchases of tanks and helicopters suggest Poland is borrowing a battlefield idea from the US Army
▼ + stars: | 2023-08-30 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Among its purchases are US-made tanks and helicopters designed to work in tandem on the battlefield. Despite only being a member of NATO since 1999, Poland is spending much more than older alliance members. Poland has sent some of its older hardware to Ukraine, including Soviet-designed MiG-29 fighter jets and T-72 tanks and Polish-built Krab 155-mm self-propelled howitzers. WOJTEK RADWANSKI/AFP via Getty ImagesWhat is significant isn't just Poland's spending spree but also what it is buying. Poland is also spending $10 billion for 18 HIMARS launchers and reportedly plans to acquire up to 500 more launchers.

Persons: Mariusz Blaszczak, WOJTEK RADWANSKI, Radosław Sikorski, Artur Widak, Abrams, Vladimir Putin's, Michael Peck Organizations: Service, NATO, International Institute for Strategic Studies, Apaches, Polish Army, Getty, Abrams, US State Department, Joint, Army Tactical Missile, Financial Times, AHS, Nowa, Soviet, US Army, Apache, U.S . Army, Aviation, Defense, Foreign Policy, Twitter, LinkedIn Locations: Poland, Europe, Ukraine, Wall, Silicon, Germany, France, Soviet, Warsaw, AFP, South Korea, Russia, Polish, Forbes

☆ An elite team of Ukrainian snipers dubbed 'Devils and Angels' is taking out top Russian commanders to demoralize troops: 'We work quietly, we are invisible'
▼ + stars: | 2023-08-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Ukrainian snipers are focused on taking out high-profile Russain targets and demoralizing troops. A sniper unit training near Bakhmut calls itself "Devils and Angels," The Wall Street Journal reported. The team of snipers has dubbed itself the "Devils and Angels," according to a report in The Wall Street Journal. The snipers training near Bakhmut told the outlet that in addition to their marksmanship, they're training to be even more elusive in the field. AdvertisementAdvertisementAlso in June a Ukrainian sniper picked off Vladimir Andonov, a Wagner Group member known at "The Executioner" and one of Russian President Vladimir Putin's most notorious mercenary fighters.

Persons: Robert Scales, Bakhmut, Fisher, Mark Cancian, Insider's Ryan Pickrell, Vladimir Andonov, Vladimir Putin's Organizations: Street Journal, Military, Service, Devils, Street, Ukraine Ukrainian, CNN, Center for Strategic, International Studies, Wagner Locations: Wall, Silicon, Ukraine, Zaporizhzhia

☆ The Kremlin is trying to stop any under-50s running against Putin for president to avoid drawing attention to his age, report says
▼ + stars: | 2023-08-30 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Russia is due to have a presidential election in 2024, with Vladimir Putin the obvious favorite. But Kremlin insiders are still worried about the campaign, per the Russian outlet Meduza. The claim was made by the independent outlet Meduza, which cited two unnamed Kremlin insiders discussing the Russian presidential elections next year. Two unnamed Kremlin insiders told Meduza that they didn't think a younger candidate win, but feared it would be unflattering for Putin, who is 70. Putin is likely to face against candidates from the far-right Liberal-Democratic Party, the Communist Party, and the center-left New People Party.

Persons: Vladimir Putin, Putin, Vladimir, Vladimir Putin's, Meduza, Vladislav Davankov, Alexey Nechayev Organizations: Kremlin, Service, Russian, Liberal, Democratic Party, Communist Party, New People Party Locations: Russia, Wall, Silicon, Russian

☆ See inside President Vladimir Putin's opulent $100 million superyacht
▼ + stars: | 2023-08-30 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +5 min

Russian President Vladimir Putin spent $32 million refitting a superyacht, a new report suggests. AdvertisementAdvertisementWhile his troops flooded into Ukraine, Russian President Vladimir Putin was spending millions of dollars on an opulent refit of one of his superyachts, according to an investigation from opposition leader Alexei Navalny's team. Advertisement Advertisement Watch: Inside Putin's secret bunker and billion-dollar palaceThe total cost of the works came to $32 million, according to the investigation. AdvertisementAdvertisement"OFAC is identifying Russia-flagged Graceful and Cayman Islands-flagged Olympia, as blocked property in which President Vladimir Putin has an interest," the US Treasury website said in a June 2022 press release. The Russian president is reportedly also the owner of the 450-foot, $700 million Scheherazade, one of the largest yachts in the world.

Persons: Vladimir Putin, Alexei Navalny's, Pyotr Stolypin, Putin, Alyaksandr Lukashenka, Russian oligarch, Roman Abramovich Organizations: Morning, Russian, Blohm, Russian Federation, US Department of, Foreign, Control, US Treasury, Ukraine Locations: Ukraine, Russian, Saint Petersburg, Hamburg, Germany, Voss, Kaliningrad, Russia, Islands, Belarus, Cayman Islands, Olympia

☆ Kremlin says Prigozhin plane may have been downed on purpose
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +4 min

A view shows a framed photo of Russian mercenary chief Yevgeny Prigozhin at his grave at the Porokhovskoye cemetery in Saint Petersburg, Russia, August 30, 2023. "It is obvious that different versions are being considered, including the version - you know what we are talking about – let's say, a deliberate atrocity," Kremlin spokesman Dmitry Peskov told reporters when asked about the investigation. The Kremlin has rejected as an "absolute lie" the suggestion by some Western politicians and commentators - for which they have not provided evidence - that Putin ordered Prigozhin to be killed in revenge. Followers of Prigozhin laid flowers, messages and poetry at his grave on Wednesday, hailing him as a fearless warrior. In life, Prigozhin liked to brag that he was one of the world's most feared mercenaries with the best fighting force.

Persons: Yevgeny Prigozhin, Stringer, –, Dmitry Peskov, Peskov, Prigozhin, Wagner, Vladimir Putin's, Putin, Joe Biden, Guy Faulconbridge, Mark Trevelyan Organizations: REUTERS, International Civil Aviation Organization, Embraer, St, Reuters, EMBR3, United State, Thomson Locations: Saint Petersburg, Russia, MOSCOW, St Petersburg, Moscow, Rostov, Vladimir Putin's Russia, SA, Russian, Ukraine

☆ Russia says it foiled major Ukrainian drone attack
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsAug 30 (Reuters) - Russia said it foiled one of the biggest Ukrainian drone attacks to date on western Russia on Wednesday, shooting down unmanned aircraft over at least six regions, and destroyed a Ukrainian naval attack on the annexed Crimean peninsula. Russian military aircraft were damaged and civilian aviation was disrupted in the drone attacks, said Russian officials, citing Pskov, Bryansk, Kaluga, Orlov, Ryazan and Moscow regions as targeted. Ukraine, which has yet to achieve a major success in its summer ground counteroffensive, has struck deep into Russia in recent months, including an attack on the Kremlin in May and numerous drone attacks on civilian targets in Moscow. Russia said Ukrainian drones tried to attack a TV tower over the Bryansk region. A Russian aircraft also destroyed four Ukrainian fast-attack boats carrying up to 50 paratroopers in an operation on the Black Sea, the military said.

Persons: Dado Ruvic, Vitali Klitschko, Antony Blinken, Blinken, Yevgeny Prigozhin, Wagner, Vladimir Putin's, Karine Jean, Pierre, Putin, Stephen Coates, Guy Faulconbridge, Michael Perry Organizations: REUTERS, Kremlin, Pskov's, Tass, Civilian, TASS, Reuters, Russia, Embraer, Washington White House, Brazil's, EMBR3, Thomson Locations: Ukraine, Russia, Crimean, Pskov, Bryansk, Kaluga, Orlov, Ryazan, Moscow, Ukrainian, Estonia, Latvia, Estonian, Moscow's Vnukovo, Russian, Kyiv, St Petersburg, Prigozhin, SA

☆ Russia's Prigozhin buried privately in St Petersburg
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +5 min

[1/4] A view shows the grave of Russian mercenary chief Yevgeny Prigozhin, who was killed in a plane crash last week, at the Porokhovskoye cemetery in Saint Petersburg, Russia August 29, 2023. Those who wish to say goodbye may visit Porokhovskoye cemetery," his press service said in a short post on Telegram. In recent days admirers had heaped flowers on makeshift shrines to Prigozhin in Moscow, St Petersburg and elsewhere. Two other top Wagner figures, four Prigozhin bodyguards and three crew members were also killed when his Embraer Legacy 600 private jet crashed north of Moscow. Earlier on Tuesday, Valery Chekalov, the head of Wagner logistics, was buried at another St Petersburg cemetery.

Persons: Yevgeny Prigozhin, Stringer, Putin, Prigozhin, Yevgeny Viktorovich, Wagner, Vladimir Putin's, Sergei Shoigu, Valery Chekalov, Mark Trevelyan, Jon Boyle, Alex Richardson Organizations: REUTERS, Embraer, Reuters, Kremlin, Thomson Locations: Saint Petersburg, Russia, PETERSBURG, St Petersburg, Porokhovskoye, Ukraine, Prigozhin, Moscow, Rostov, Russian

Brazil's Center for Research and Prevention of Aeronautical Accidents (CENIPA), in the interests of improving aviation safety, had said it would join a Russian-led investigation if it were invited and the probe held under international rules. U.S. aviation safety consultant and former investigator John Cox said an internal Russian investigation would always be questioned without the participation of Brazil, the country where the plane was manufactured. "I think it hurts the transparency of the Russian investigation." In air crash investigations, experts work to improve aviation safety without assigning blame, but probes are often tainted by political interests. Jeff Guzzetti, a former U.S. air crash investigator, said Russia should accept assistance from Brazil, even if CENIPA can only participate remotely.

Persons: Wagner, Yevgeny Prigozhin, Anton Vaganov, Prigozhin, Vladimir Putin's, Marcelo Moreno, John Cox, Cox, CENIPA, Jeff Guzzetti, Allison Lampert, Gabriel Araujo, Valerie Insinna, Denny Thomas, Grant McCool Organizations: Police, REUTERS, SAO PAULO, Embraer, EMBR3, Reuters, Wagner Group, Brazil's Center for Research, Aeronautical, United Nations International Civil Aviation Organization, Interstate Aviation Committee, Accident Investigation, U.S ., Convention, International Civil Aviation, Thomson Locations: Tver, Russia, MONTREAL, SA, Moscow, Russian, Ukraine, Montreal, St Petersburg, Brazil, U.S, Sao Paulo, Washington

A cameraman films wreckage of the private jet linked to Wagner mercenary chief Yevgeny Prigozhin near the crash site in the Tver region, Russia, August 24, 2023. U.S. aviation safety consultant and former investigator John Cox said an internal Russian investigation would always be questioned without the participation of Brazil, the country where the plane was manufactured. "I think it hurts the transparency of the Russian investigation." In air crash investigations, experts work to improve aviation safety without assigning blame, but probes are often tainted by political interests. Jeff Guzzetti, a former U.S. air crash investigator, said Russia should accept assistance from Brazil, even if CENIPA can only participate remotely.

Persons: Wagner, Yevgeny Prigozhin, Marina, Prigozhin, Vladimir Putin's, Marcelo Moreno, John Cox, Cox, CENIPA, Jeff Guzzetti, Allison Lampert, Gabriel Araujo, Valerie Insinna, Denny Thomas, Grant McCool Organizations: REUTERS, SAO PAULO, Embraer, EMBR3, Reuters, Wagner Group, Brazil's Center for Research, Aeronautical, United Nations International Civil Aviation Organization, Interstate Aviation Committee, Accident Investigation, U.S ., Convention, International Civil Aviation, Thomson Locations: Tver, Russia, MONTREAL, SA, Moscow, Russian, Ukraine, Montreal, St Petersburg, Brazil, U.S, Sao Paulo, Washington

☆ A possible future mission for the US's secretive Phoenix Ghost and Switchblade drones? Hunting Russian nukes
▼ + stars: | 2023-08-28 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

The tense environment has been punctuated by Russian threats of nuclear strikes against the West in response to NATO's military support for Ukraine. In a future war, the secretive drones the US has supplied to Ukraine — the Phoenix Ghost and Switchblade — could get a new mission: hunting Russian nukes in Kaliningrad. NATO forces could use loitering munitions — drones designed to linger near a target before crashing into and destroying it — for such a mission in Kaliningrad. "A focus should also be on the training of these forces with the Phoenix Ghost and Switchblade drones to assist them in their search and destroy efforts," DiRubbio writes. The US has provided a few hundred of those two drones to Ukraine, including both version of the Switchblade.

Persons: Vladimir Putin's, nukes, Vitaly Nevar, William DiRubbio, DiRubbio, Sarah Pysher, Stavros Atlamazoglou Organizations: Service, NATO, Russian, Ukraine, Baltic Fleet, REUTERS, US Air Force, Royal United Services Institute, Russian Defense Ministry, US Army's Delta Force, Special Air Service, Phoenix, Delta Force, Lejeune, US Marine Corps, Hellenic Army, 575th Marine Battalion, Army, Johns Hopkins University, Johns Hopkins, School, International Locations: Russia, Ukraine, Kaliningrad, Europe, Wall, Silicon, Moscow, Russia's, Baltic, Vitaly Nevar Kaliningrad, Lithuania, Poland, British, Russian, North Carolina, Johns

☆ Russian tech billionaire wants sanctions lifted after he criticized Ukraine invasion, report says
▼ + stars: | 2023-08-27 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

A Russian oligarch called on the EU to lift sanctions against him after condemning Putin's war. Arkady Volozh made the call days after calling the war "barbaric," the Financial Times reported. AdvertisementAdvertisementRussian oligarch Arkady Volozh will be the first to formally ask for sanctions to be lifted after condemning Vladimir Putin's invasion of Ukraine, a report says. It is regarded as the first test as to how the West will treat previously sanctioned oligarchs who have gone on to publicly denounce Putin's war. AdvertisementAdvertisementBillionaire industrialist Oleg Deripraska had his $1 billion Sochi complex seized after criticizing the invasion, the FT reported in December.

Persons: Arkady Volozh, Volozh's, Vladimir Putin's, Volozh, Putin's, Oleg Deripraska, Volozh didn't Organizations: EU, Financial Times, Union, BBC, Google, Kremlin Locations: EU, Ukraine, Russia, Europe, Amsterdam, Israel, Sochi

☆ Ukraine's efforts to rack up Russian defectors and their equipment helped land the country an Mi-8 helicopter and fighter jet parts
▼ + stars: | 2023-08-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

A Russian pilot defected to Ukraine with an Mi-8 helicopter and fighter jet parts this week. Ukraine offers monetary rewards to Russian soldiers who bring their equipment to Ukraine. AdvertisementAdvertisementUkraine has sought to incentivize Russian soldiers to defect since the war began in February 2022, launching at least two programs targeted at would-be turncoats. A helicopter — like the one a Russian pilot flew into Ukraine this week — fetches $500,000, according to the legislation. The Rada bill also promises "secrecy, a safe stay in Ukraine, and support in obtaining new documents and leaving for a third country," for any Russian soldiers who abandon post.

Persons: 30SM, Mark Cancian, Mick Ryan, Vladimir Putin's, Ryan Organizations: Service, Kyiv Post, US Marine Corps, Center for Strategic, Studies, Verkhovna Rada, Australian Army, Rada, ABC News, Guardian, Radio Free, Radio Liberty, Kyiv Locations: Russian, Ukraine, Wall, Silicon, Ukrainian, Russia, Verkhovna, Radio Free Europe, Poltava, Kharkiv, Ukraine's

The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. Moscow already demands a 50% discount on all foreign deals after consultants selected by the Russian government have valued the business. But three people familiar with the exit process for foreign companies said that some deals are facing demands for additional discounts before the government gives a green light. Another person, who works on M&A transactions and with foreign companies, said deals exceeding $100 million were at particular risk of being denied. In its biannual financial stability review, the central bank said foreign companies under pressure to leave Russia were doing so on "unfavourable" terms.

Persons: Evgenia, Carlsberg's, Intesa, Vladimir Putin's, Suren Gortsunyan, Rybalkin, Gortsunyan, Alexey Kupriyanov, Elena Fabrichnaya, Alexander Marrow, Victor Goury, Josephine Mason, Jane Merriman Organizations: REUTERS, Reuters, Heineken, Arnest, Companies, Nasdaq, Russia, Dyakin, Partners, Aspring, Nato, Thomson Locations: Moscow, Russia, Ukraine, MOSCOW, Russian, London, Laffont, Gdansk

☆ John Bolton discusses presumed death of Wagner's Yevgeny Prigozhin
▼ + stars: | 2023-08-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresumed death of Prigozhin will probably strengthen Putin's hand in Russia: John BoltonJohn Bolton, former U.S. national security advisor, speaks to CNBC's Dan Murphy about the presumed death of Wagner chief Yevgeny Prigozhin, saying it will probably strengthen Russian President Vladimir Putin's hand in Russia "considerably."

Persons: Prigozhin, John Bolton John Bolton, CNBC's Dan Murphy, Wagner, Yevgeny Prigozhin, Vladimir Putin's Locations: Russia, U.S, Russian

☆ Amid a slogging counteroffensive, Ukraine sees a day of good fortune: a Russian air defense system was destroyed, one Russian pilot successfully defected, and, now, the Wagner leader may be dead.
▼ + stars: | 2023-08-24 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Wednesday brought a string of good news for Ukraine amid the 3-month-long counteroffensive. That same day, a Russian helicopter pilot defected to Ukraine, landing a Mi-8 AMTSH helicopter at the Ukrainian Poltava military air base. An official for HUR, the military intelligence agency, told local media that this was the result of a planned six-month operation. But the most significant turn of events that came Wednesday was the possible death of the Wagner Group leader, Yevgeny Prigozhin. Social media channels associated with Wagner claimed that the plane was shot down by an air-defense system.

Persons: HUR, Wagner, Yevgeny Prigozhin, Prigozhin, Angela Stenet, Vladimir Putin's, Stenet, Mykhailo Podolyak, Putin Organizations: Service, Ukrainian, Directorate of Intelligence, Wagner Group, National Intelligence, PBS, New York Times, Washington Post, Institute for Locations: Ukraine, Wall, Silicon, Russia, Russian, Crimean, Ukrainian Poltava, Moscow, Tver, Eurasia, The U.S, Melitopol, Washington, DC

☆ US intelligence is trying to figure out what apparently caused Prigozhin's plane to crash, and early theories range from missiles to bombs
▼ + stars: | 2023-08-24 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

US intelligence is trying to figure out what led a plane to crash in Russia, apparently killing Yevgeny Prigozhin. Theories include an explosion caused by a bomb or other sabotage. Early theories on what may have caused the plane to plummet from the sky reportedly include an explosion caused by a bomb, a surface-to-air missile, or some other kind of sabotage like tampered-with fuel. AdvertisementAdvertisementA bomb or another device placed on the jet could have caused the blast, the anonymous officials told the Times. Gen. Patrick Ryder told reporters Thursday there was no indication to suggest that a surface-to-air missile caused the plane crash.

Persons: Yevgeny Prigozhin, Yevgeny Prigozhin's, —, Wagner, Prigozhin, Dmitry Utkin, Vladimir Putin, Alexey Druzhinin, Vladimir Putin's, Patrick Ryder, Ryder, Putin Organizations: Service, Wagner Group, Associated Press, Anonymous, Sputnik, Getty, AP, New York Times, Times ., Times . Anonymous, Wall Street Journal, Reuters, Pentagon, Defense Department Locations: Russia, Wall, Silicon, States, Moscow, Russia's Tver, Saint Petersburg

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