Ukraine crisis

Russian President Vladimir Putin is expected to announce the deployment of Russian troops to the breakaway region of Transnistria in Moldova. This move could be revealed during Putin’s annual address to Russian lawmakers on Thursday. What Happened: The separatist authorities of Transnistria...

A vocal Tesla Inc. shareholder and CEO of Gerber Kawasaki Ross Gerber took to X, formerly known as Twitter, to highlight Russia’s actions against the global food supply, drawing a comparison between Putin and Stalin. What Happened: Gerber’s retweeted a post that highlighted Russia...

The Russian rouble plummets to a 16-month low against the dollar due to increased Russian military spending and dwindling export revenues, Financial Times reports. Russia's currency has seen a decline of approximately 25% this year, trading below 99 roubles to a dollar on Friday, influenced by the...

The International Criminal Court (ICC) issued an arrest warrant against Russian President Vladimir Vladimirovich Putin, accusing him of being responsible for war crimes committed in Ukraine. Moscow has repeatedly denied accusations of atrocities during its one-year invasion of...

According to the top (North Atlantic Treaty Organization) NATO officials, a missile that landed in Poland, killing two people, was likely a Russian-made weapon fired by a Ukrainian air-defense system. “Ukraine defended itself, which is obvious and understandable, by firing missiles...

British Prime Minister Rishi Sunak extended his support for Ukraine at the G20 summit while confirming a long-planned order for warships from BAE Systems plc (OTC: BAESY) (OTC: BAESF). "Russia's actions put all of us at risk," he said at the summit in Bali, Indonesia....

The Biden administration has denied Ukraine advanced drones despite pleas under consideration for months, reflecting the limitations of the weaponry Washington is willing to provide for Ukraine's defense.  The Pentagon said that providing the Gray Eagle MQ-1C drones could...

Carlyle Aviation Partners filed a claim to receive $700 million from over 30 insurers and reinsurers after they failed to pay when Russian airlines seized jets and refused to return. Acting on official instructions, Russian carriers have taken control of about 500 aircraft worth about $10...

NVIDIA Corp (NASDAQ: NVDA) will cease operations and close its offices in Russia by the end of October, saying it could no longer operate effectively in the country because of recent events related to the invasion of Ukraine.  As per Forbes Russia, until February 2022, more than 300...

Exxon Mobil Corp (NYSE: XOM) will sue the federal government unless Moscow allows it to exit a significant oil-and-gas project, Wall Street Journal reported citing people familiar with the matter. A decree banning certain transactions through the end of 2022 has blocked Exxon from...

Russian arms of western banks, including Citigroup Inc (NYSE: C) and Raiffeisen Bank International AG (OTC: RAIFF) are looking for staff as exiting the country becomes complicated, Reuters reported. After Russia attacked Ukraine In February this year, western banks were...

The secretary-general of the Organization for Economic Cooperation and Development (OECD), Mathias Corman, said that boosting supply is the best to stabilize the rising oil prices, CNBC reported. He also said that alternatives to Russian oil are available to the world. Cormann said Russia...

TotalEnergies SE (NYSE: TTE) is looking to import diesel and other fuels from the United Arab Emirates to stock up on alternatives to Russian supplies ahead of winter, Bloomberg reported.  “Under the initiative of the French government, we’re discussing an agreement to...

Citigroup Inc (NYSE: C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and...

JPMorgan & Chase (NYSE: JPM) has resigned as a depositary of global depositary receipts (GDR) of Russia's largest oil producer Rosneft (OTC: RNFTF), Reuters reported. Last month, JPMorgan & Chase started to allow holders of depositary receipts in Russian companies...