U.S. issues hundreds of new Russia sanctions over Alexey Navalny’s death and war in Ukraine

[ad_1] Washington — The Biden administration announced more than 600 sanctions and penalties on Russia and its military industry Friday — the largest round of sanctions since Russia invaded Ukraine two years ago — as it tries to exert more pressure on Russian President Vladimir Putin over the invasion and the sudden death a week … Read more

Feds accuse 3 people of illegally shipping tech components used in weapons to Russia

[ad_1] Federal prosecutors on Tuesday charged a New York resident and two Canadian citizens with exporting millions of dollars in technology to Russia, including components allegedly used in military gear seized in Ukraine.  In a criminal complaint, the Department of Justice alleged that Salimdzhon Nasriddinov, 52, of Brooklyn; Nikolay Goltsev, 37, and Kristina Puzyreva, 32, … Read more

Elon Musk says he denied Ukraine satellite request to avoid complicity in

[ad_1] Washington — Tech billionaire Elon Musk has said that he prevented a Ukrainian attack on a Russian Navy base last year by declining Kyiv’s request to activate internet access in the Black Sea near Moscow-annexed Crimea. Satellite internet service Starlink, operated by Musk-owned company SpaceX, has been deployed in Ukraine since shortly after it … Read more

Google eases wartime restrictions in boost for Ukrainian entrepreneurs, but digital hurdles remain

[ad_1] One month after Russia launched its full-scale invasion of Ukraine last year, Vladyslav Lysenko surveyed the damage to his egg warehouse outside Kyiv. Russian soldiers had occupied the building for weeks and destroyed most of his stock. “At that moment,” he said, “I realized that I had the opportunity to do something new.” His dream … Read more

Saudi Arabia and Russia move to extend oil cuts could drive up gas prices

[ad_1] Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices. The dual announcements from Riyadh and Moscow pushed benchmark Brent crude above $90 a barrel in trading Tuesday afternoon, a … Read more

Pro-Kremlin rapper who calls Putin a “die-hard superhero” takes over Domino’s Pizza outlets in Russia

[ad_1] Rebranded McDonald’s in Russia opens Russians flock to rebranded former McDonald’s restaurant 00:59 A pro-Kremlin rapper and a Russian restaurateur announced Wednesday that were taking over all the former Domino’s pizza outlets in the country, changing the “I” in Domino for the equivalent Cyrillic letter “и.” Apart from the lettering, the logo appeared little … Read more

Heineken sells its Russia operations for one euro

[ad_1] Heineken has sold its business in Russia for one euro, more than a year after it vowed to pull out of the country in response to Russian President Vladimir Putin’s invasion of Ukraine.  The Dutch brewer is taking a €300 million loss, worth roughly $325 million, by selling its business to Russian manufacturer Arnest … Read more

Iran, Saudi Arabia and Egypt among 6 nations to join China and Russia in BRICS economic bloc

[ad_1] Iran and Saudi Arabia were among six countries set to join Brazil, Russia, India, China and South Africa in the BRICS economic bloc from next year, the group announced Thursday, in a move that will likely throw more scrutiny on Beijing’s political influence in the Persian Gulf. The United Arab Emirates, Argentina, Egypt and … Read more

Russia’s ruble is now worth less than 1 cent. It’s the lowest since the start of Ukraine war.

[ad_1] Russia’s ruble is now worth less than 1 cent, its lowest value since Western nations imposed crippling sanctions on the country in response to its invasion of Ukraine.  On Monday, the Russian currency passed 101 rubles to the dollar, part of a slide that began in January and which has erased about one-third of the … Read more