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Russian cops on Wednesday arrested the billionaire founder of a major farming firm, state media reported, in what would be the highest-profile fraud case versus a business leader given that the intrusion of Ukraine.President Vladimir Putin's earlier years in charge of Russia were marked by a campaign versus leading business figures to quash the
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Read more: [Russia] - Approved Russian Billionaire Arrested on Fraud Charges-- State Media
Write comment (93 Comments)President Vladimir Putin on Wednesday reversed the temporary nationalization of Italian home appliance maker Ariston's Russian system, a relocation invited by Italy, which had been outraged by its seizure a year ago.Ariston said in a declaration that a decree signed by Putin restored ownership and complete management of the Russian subsidiary to Ariston's moms and dad
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Read more: [Russia] - Putin Cancels Nationalization of Italy's Ariston's Russian Unit
Write comment (99 Comments)Estonian lawmakers voted Wednesday to ban the country's large Russian minority and other non-EU residents from voting in local elections, as the Baltic state warily eyes Moscow.
The amendment was proposed in response to security concerns over Russia's war in Ukraine. Estonia has been a steadfast supporter of Kyiv since the invasion in February 2022.
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Read more: Estonian MPs Pass Bill To Limit Voting Rights for Russian Minority
Write comment (95 Comments)Russian state energy huge Gazprom is going through a significant restructuring as it faces its worst financial crisis in years, the Financial Times reported Wednesday, pointing out the company's 2024 improvement presentation.Once Russia's most profitable business, Gazprom published a bottom line of around $7 billion in 2023-- its very first because 1999-- after Europe slas
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Read more: [Russia] - Gazprom Plans Major Corporate Overhaul Amid Financial Crisis-- FEET
Write comment (92 Comments)The other half of a former Russian authorities and ally of President Vladimir Putin charged in the U.K. with dodging sanctions tearfully took to the stand in London on Wednesday, with her husband looking on.Ekaterina Ovsiannikova, 47, looked noticeably distressed as she told the court how she thought her relationship with Dmitrii Ovsiannikov, 48, would founder as
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Read more: [Russia] - Other Half of Putin Ally Tears Up at U.K. Sanctions Trial
Write comment (92 Comments)The European Union stated Wednesday that it would not lift or modify sanctions on Russia unless Moscow agrees to unconditionally withdraw its forces from Ukraine.Russia is seeking sanctions relief as part of a Black Sea ceasefire offer gone over with U.S. authorities in Saudi Arabia today. The Kremlin states the agreement can participate in force just
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