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Russia's economy is teetering on the edge of economic crisis, Economy Minister Maxim Reshetnikov alerted Thursday, casting a downbeat tone over the yearly St. Petersburg International Economic Forum (SPIEF), an essential event focused on attracting financial investment to the country.Speaking on the second day of the online forum, Reshetnikov stated current service belief
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Read more: [Russia] - Russia's Economy Minister Warns of Looming Recession
Write comment (96 Comments)Mobile internet blackouts have actually become increasingly regular throughout dozens of Russia's areas in recent weeks as authorities react to Ukrainian drone attacks with short-lived shutdowns.On Tuesday, a minimum of 30 regions dealt with disruptions linked to efforts at combating inbound drones, according to the regional news outlet 7x7, which published a map
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Read more: [Russia] - Lots of Russian Regions Now Face Regular Internet Outages Amid Drone Attacks
Write comment (98 Comments)Russia's Foreign Ministry on Thursday warned the United States against launching military action against Iran, as tensions escalate in the Middle East and speculation grows over potential U.S. involvement in the conflict alongside Israel.
Israel launched airstrikes on Iran's military and nuclear program last Friday, and Tehran has responded with
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Read more: Russian MFA Warns U.S. Against Military Intervention in Iran
Write comment (98 Comments)A criminal examination into a Russian prostitution ring involving minor women exposed allegations that billionaire tycoon Oleg Deripaska patronized, according to a new investigative report by the banished news outlets Vyorstka and IStories.The declared sex ring operated from at least 2018 to 2019 and masqueraded as regional teen beauty
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The head of one of Russia's largest steel manufacturers has actually cautioned of impending production cuts and plant closures in the nation's steel industry as a strengthening ruble and high rates of interest choke off demand and profitability.The steel industry, which utilizes more than 600,000 employees and accounts for approximately 10% of Russia's export revenues, has l
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Read more: [Russia] - Russian Steel Executive Rings Alarm Bells for Struggling Industry
Write comment (92 Comments)Russia and Ukraine said Thursday they finished another exchange of captured soldiers, part of a detainee swap agreement reached during peace talks earlier this month in Istanbul.Neither side divulged the number of soldiers were freed in Thursday's exchange, the most recent in a series of swaps considering that the June 2 talks, where Moscow and Kyiv accepted r
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Read more: [Russia] - Russia and Ukraine Complete Another Prisoner Swap
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