Category: Russian
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BMW admits ‘irregularities’ with 100 Russian car sales despite sanctions
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BMW has admitted that more than 100 of its luxury cars were sold to Russian customers, in violation of international sanctions imposed after the Kremlin invaded Ukraine. The German carmaker attributed the sale to a handful of rogue employees at its Hannover branch, who have since been fired. BMW, along…
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BMW admits ‘irregularities’ with 100 Russian car sales despite sanctions
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BMW has admitted that more than 100 of its luxury cars were sold to Russian customers, in violation of international sanctions imposed after the Kremlin invaded Ukraine. The German carmaker attributed the sale to a handful of rogue employees at its Hannover branch, who have since been fired. BMW, along…
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BMW admits ‘irregularities’ with 100 Russian car sales despite sanctions
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BMW has admitted that more than 100 of its luxury cars were sold to Russian customers, in violation of international sanctions imposed after the Kremlin invaded Ukraine. The German carmaker attributed the sale to a handful of rogue employees at its Hannover branch, who have since been fired. BMW, along…
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A race is on to clean up shorelines off Crimea after tons of oil spills from damaged Russian ships
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Breadcrumb links PMN BMN Business Article writer: Published on December 22, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content Cleanup operations continued in the Kerch Strait near Russian-occupied Crimea on Sunday, a week…
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Strategic Bitcoin Reserve Proposed By Russian State aDeputy
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Anton Tkachev, a State Duma deputy from the New People’s Party, officially proposed the creation of a Strategic Bitcoin Reserve (SBR). Tkachev submitted an appeal to Russia’s Finance Minister, Anton Siluanov, calling for the creation of a Bitcoin reserve similar to the country’s current reserves of traditional currencies. The proposal…
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Russian State Duma Deputy Proposes Strategic Bitcoin Reserve
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Follow Nicholas on ? here for daily posts Today, Russia’s local state-owned news agency, RIA Novosti, reported: I mentioned State Duma deputy Anton Tkachev proposed creating a strategic Bitcoin reserve for Russia, claiming to have obtained a copy of the document. Tkachev, of the New People’s Party, sent a proposal…
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Russian State Duma Deputy Proposes Strategic Bitcoin Reserve
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Follow Nicholas on ? here for daily posts Today, Russia’s local state-owned news agency, RIA Novosti, reported: I mentioned State Duma deputy Anton Tkachev proposed creating a strategic Bitcoin reserve for Russia, claiming to have obtained a copy of the document. Tkachev, of the New People’s Party, sent a proposal…
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Russian ‘Crypto King’ Arrested For WEX $450 Million Collapse
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Polish police have arrested a Russian national linked to the now-collapsed WEX exchange on charges of fraud and money laundering. US authorities have requested his extradition for his cryptocurrency-related crimes and are currently waiting for the extradition process to be completed. WEX ‘King of Cryptocurrencies’ Arrested in Poland Local media,…
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Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
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In an attempt to stave off severe inflation, the Russian Central Bank has suspended all foreign currency purchases for the remainder of the year, while actively selling the Chinese yuan, in the hope of supporting the ruble. The ruble – currently worth a fraction of a penny – hit lows…
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Russian central bank moves to halt collapsing ruble amid inflation
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In an attempt to stave off severe inflation, the Russian Central Bank has suspended all foreign currency purchases for the remainder of the year, while actively selling the Chinese yuan, in the hope of supporting the ruble. The ruble – currently worth a fraction of a penny – hit lows…
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Russian central bank moves to halt collapsing ruble amid inflation
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In an attempt to stave off severe inflation, the Russian Central Bank has suspended all foreign currency purchases for the remainder of the year, while actively selling the Chinese yuan, in the hope of supporting the ruble. The ruble – currently worth a fraction of a penny – hit lows…
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Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions
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As the 2024 BRICS summit gets underway in Kazan, Russia, crypto-related discussions have taken center stage. Lawmakers from Brazil, Russia, India, China and South Africa are exploring the possibility of Russian miners leveraging Bitcoin in international trade, with the aim of circumventing tough sanctions imposed by the United States. Lawmakers…
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The Secretive World of Russian Oil Tanker Insurance Revealed
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Breadcrumb Trail Links PMN Business One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s petroleum against the risk of a catastrophic oil spill. Author of the article: Bloomberg News Alex Longley, Patrick Sykes and Alberto Nardelli Published Oct 22,…
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The Secretive World of Russian Oil Tanker Insurance Revealed
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Breadcrumb Trail Links PMN Business One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s petroleum against the risk of a catastrophic oil spill. Author of the article: Bloomberg News Alex Longley, Patrick Sykes and Alberto Nardelli Published Oct 22,…
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$10 million reward for tips on Russian election interference
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The US State Department is offering a reward of up to $10 million for information implicating any foreign person or entity in election interference, just weeks before Americans choose their next president. An announcement from the department’s Rewards for Justice program specifically singled out Russian media corporation Rybar LLC, which…
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Russian rouble hits one-year lows against major currencies By Reuters
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MOSCOW (Reuters) – The Russian ruble fell further on Thursday, remaining at its lowest level against the U.S. dollar since October 2023. At 0740 GMT, the ruble fell 0.4% to 97.40 against the dollar, London Stock Exchange data showed. On Wednesday, the ruble reached the 97 level for the first…
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Kyiv says Russian attacks on medical centre in Ukraine’s Sumy kill 8, injure 11 By Reuters
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KIEV (Reuters) – Russian forces bombed a medical center in Sumy in northeastern Ukraine on Saturday morning and then bombed again while evacuating the building, killing a total of eight people, Ukrainian officials said. Ukrainian prosecutors said that at the time of the attacks, there were 86 patients and 38…
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Russian Putin: Current military – political situation is changing dynamically
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A number of clarifications have been proposed regarding the definition of the conditions for the use of nuclear weapons. The current military and political situation in the world is changing dynamically, and we must take this into account. We are witnessing the emergence of new sources of military threats and…
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Russian Putin: Current military – political situation is changing dynamically
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A number of clarifications have been proposed regarding the definition of the conditions for the use of nuclear weapons. The current military and political situation in the world is changing dynamically, and we must take this into account. We are witnessing the emergence of new sources of military threats and…