Category: Russia
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Moldova Seeks Deal to Keep the Lights on After Russia Cut Gas Supply
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Bread path links PMN Business An agreement can be completed at the last minute to resolve the conflict that reduced Russian gas supplies to the separatist Moldovan region of Transnistria this week. The author of the article: Posted on February 08, 2025 • 6 minutes read You can save this…
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US Ramps Up Pressure on Russia With Fresh Energy Sanctions
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Breadcrumb links BMN Business The United States has imposed its toughest sanctions on the Russian oil industry yet, as the Biden administration looks for last-minute ways to bolster Ukraine’s influence in potential peace negotiations after Donald Trump takes office. Article writer: Bloomberg News Daniel Flatley, Jenny Leonard and Julian Lee…
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US Ramps Up Pressure on Russia With Fresh Energy Sanctions
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Breadcrumb links BMN Business The United States has imposed its toughest sanctions on the Russian oil industry yet, as the Biden administration looks for last-minute ways to bolster Ukraine’s influence in potential peace negotiations after Donald Trump takes office. Article writer: Bloomberg News Daniel Flatley, Jenny Leonard and Julian Lee…
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Russia Gas Flow to Europe Via Ukraine Set to Halt as Deal Lapses
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Breadcrumb links BMN Business It appears that Russian natural gas flows to Europe via Ukraine are about to stop on Wednesday, after the expiration of the transit agreement, which increases the risks to the continent’s energy security in light of its heavy reliance on reserves. Article writer: Bloomberg News Anna…
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Russia To Ban Crypto Mining In Key Regions Starting 2025
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According to local reports, the Russian government will ban cryptocurrency mining activities in ten major regions following the recent passing of new laws related to the industry. It will also implement seasonal bans on other regions and may add more regions to the list amid the ongoing electrical crisis in…
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Russia Officially Classifies Bitcoin As Property With New Legislation Signed By Putin
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In a major step towards successfully regulating digital assets in the country, Russian President Vladimir Putin has signed a new law Legal framework To tax Bitcoin mining and transactions, recognizing them as property and paving the way for formal taxation. New Bitcoin and Cryptocurrency Tax Law in Russia According to…
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Winter Power Strain Prompts Russia To Restrict Crypto Mining In Key Regions
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Russia has taken the necessary steps for this end Cryptocurrency mining in specific areas to address potential energy shortages during the winter months. The government committee supervising energy management in the country announced a seasonal ban on mining activities in many regions of Siberia. The reason behind the seasonal ban?…
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Winter Power Strain Prompts Russia To Restrict Crypto Mining In Key Regions
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Russia has taken the necessary steps for this end Cryptocurrency mining in specific areas to address potential energy shortages during the winter months. The government committee supervising energy management in the country announced a seasonal ban on mining activities in many regions of Siberia. The reason behind the seasonal ban?…
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Crypto Mining and Trading In Russia Will Attract 15% Tax – Here’s How It Compares Globally
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Russia is preparing to implement a 15% tax on all cryptocurrency mining and trading activities. The move aims to strengthen a regulatory framework that supports the growing digital assets industry. 15% tax on cryptocurrency trading and mining activities According to Interfax, the Russian government has done so consent Draft amendments…
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Crypto Mining and Trading In Russia Will Attract 15% Tax – Here’s How It Compares Globally
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Russia is preparing to implement a 15% tax on all cryptocurrency mining and trading activities. The move aims to strengthen a regulatory framework that supports the growing digital assets industry. 15% tax on cryptocurrency trading and mining activities According to Interfax, the Russian government has done so consent Draft amendments…
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Russia fines Google $20 Decillion – more than all the money in the world
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A Russian court has fined Google an astronomical $20 trillion — an amount that significantly exceeds the world’s total money supply — after the tech giant banned accounts belonging to several pro-Kremlin TV channels on YouTube. The case, which has captured global attention due to the unprecedented number of people…
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From Russia With Fraud: ‘Crypto Queen’ Diverts Funds To Ukrainian Army
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A detained social media influencer could be headed to a Russian prison and remain there for nearly 10 years serving her sentence for committing cryptocurrency fraud. Valeria Fedyakina, dubbed the “Queen of Cryptocurrencies,” is at the center of multiple accusations of widespread fraudulent activities which have reportedly included… Financing the…
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Russia files lawsuit against Shell units, court documents show By Reuters
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MOSCOW (Reuters) – Russia’s prosecutor general has filed a lawsuit against a number of units of energy major Shell (LON:), court documents showed on Friday. The lawsuit filed before the Moscow Arbitration Court on October 2 was directed against eight units of Shell. The documents indicated that Gazprom (MCX:) Export,…
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Ukraine Hits Arms Sites in Russia, Warns of New Nuclear Threats
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Breadcrumbs Path Links PMN Business Ukraine’s armed forces confirmed overnight attacks on major Russian ammunition depots, while its newly appointed foreign minister warned of possible Russian targeting of nuclear power sites. Article author: Bloomberg News Bloomberg News Published on September 21, 2024 • Read for 2 minutes You can save…
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Exclusive-Iran withheld launchers for missiles sent to Russia, sources say By Reuters
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By Jonathan Landy, Phil Stewart, and Anthony Deutsch WASHINGTON (Reuters) – Iran has not installed mobile launchers with the short-range ballistic missiles that Washington accused Tehran last week of supplying to Russia for use against Ukraine, three sources familiar with the matter said. The sources — a European diplomat, a…
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Russia discussing hefty hike in ‘exit tax’ for foreign firms, RBC reports By Reuters
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MOSCOW (Reuters) – Russian authorities are discussing increasing the one-time contribution foreign companies leaving the country must make to the state budget to 40 percent from 15 percent, the RBC daily reported on Friday, citing four sources. Russia has steadily tightened exit requirements for foreign companies since Western sanctions were…
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The Shadow Fleet Transporting Sanctioned Gas for Russia
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Breadcrumb Trail Links PMN Business A network stretching from Dubai to China is involved in a multi-billion dollar effort to ship gas from Russia’s Arctic LNG facility. Author of the article: Bloomberg News Stephen Stapczynski, Rakesh Sharma and Christopher Udemans Published Sep 18, 2024 • 11 minute read You can save this…
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The Shadow Fleet Transporting Sanctioned Gas for Russia
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Breadcrumb Trail Links PMN Business A network stretching from Dubai to China is involved in a multi-billion dollar effort to ship gas from Russia’s Arctic LNG facility. Author of the article: Bloomberg News Stephen Stapczynski, Rakesh Sharma and Christopher Udemans Published Sep 18, 2024 • 11 minute read You can save this…
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Russia launches air attacks on Kyiv, western city of Lviv, Ukraine says By Reuters
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Written by Gleb Garanich and Andrey Peron KYIV/LVIV (Reuters) – Russia fired missiles and drones at Kyiv and the western Ukrainian city of Lviv, not far from the border with NATO member Poland, the Ukrainian military said on Wednesday. This comes just one day after Russia struck a military institute…