Tag Archives: Putin

MOSCOW (Reuters) – President Vladimir Putin urged the Russian government on Wednesday to control car prices, as one industry head said Western sanctions could send annual sales crashing to below 1 million for the first time since records began. Auto sales have fallen over 60% so far this year, and may end up being less than a quarter of what they were a decade ago, according to Maxim Sokolov, head of Russia’s top carmaker Avtovaz. Some of this year’s drop is due to the pullout of foreign… Source link

Taxi for Putin! Hackers bring gridlock to Moscow by sending hundreds of cabs to fake pick-up in Russian capital (but was it revenge for Ukraine invasion?) Hackers targeted Yandex Taxi, a taxi-hailing app similar to the likes of Uber They sent hundreds of driver to the same pick-up point on Kutuzovsky Prospekt  The huge 10-lane road runs into the centre of the Russian capital was gridlocked No one has taken credit for the back, but comes as Russia wages war on Ukraine The two… Source link

Aug. 12, 2022, 10:03 AM Kiriyenko leading talks on Yandex’s fate as founder sanctioned Top search engine under pressure since Putin invaded Ukraine One of President Vladimir Putin’s top Kremlin aides is leading negotiations to decide the fate of Russia’s most popular search engine, whose founder was sanctioned over Yandex NV’s portrayal of the war in Ukraine, according to three people familiar with the talks. Sergei Kiriyenko, the first deputy head of Putin’s administration, is heading… Source link

Gas prices have come off their highs, but relief at the pump may be short-lived, says one analyst. “For the moment, we’re going to see the lowest prices we’e seen since May,” Tom Kloza, OPIS global head of energy told Yahoo Finance Live. “Unfortunately, I think we’re going to see prices rally after they find a bottom in the first half of July.” Prices at the pump have decreased to a national average of $4.68 per gallon, after topping $5 last month. Oil prices have been under… Source link

It seemed silly, in March, when President Biden started calling persistent inflation “Putin’s price hike.” The price of gasoline and many other things had been soaring well before Putin ordered Russia’s invasion of Ukraine on Feb. 24, and blaming that on Putin all of a sudden was opportunistic blame-shifting. More than 100 days into the war, however, the Russian president’s belligerence has clearly had the most pronounced effect on global prices of any single geopolitical… Source link

Kremlin critic Alexei Navalny takes part in a rally to mark the 5th anniversary of opposition politician Boris Nemtsov’s murder and to protest against proposed amendments to the country’s constitution, in Moscow, Russia February 29, 2020. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register LONDON, June 9 (Reuters) – Jailed Russian opposition leader Alexei Navalny scolded Google (GOOGL.O) and Meta Platforms Inc (FB.O) on Thursday for shutting down advertising,… Source link

Russian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2022. Sputnik/Mikhail Metzel/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign “state structures” had increased several times over and that Russia… Source link

Nuclear war is a tail risk. The financiers and policymakers who gather for the Milken Institute’s Global Conference in Beverly Hills each year normally debate on monetary policy, political trends and investment opportunities. This year, they’re gauging the likelihood of Armageddon. The Russia-Ukraine war is an obvious headline issue for financial markets, with Russian forces committing alleged atrocities reminiscent of the Holocaust and many western nations now providing billions of dollars… Source link

Vagit Alekperov, president of Russian oil company Lukoil.Sefa Karacan/Anadolu Agency/Getty Images Putin signed a new decree on April 16 that requires Russian companies to remove their listings from overseas exchanges. Now, billionaires won’t be able to collect foreign-currency dividends from depository receipt programs. The decree also means foreign holders of the canceled receipts must receive normal shares placed in non-resident accounts in Russia. In a blow to Russia’s richest business… Source link

Engineers at Russia’s biggest tech firm, Yandex, are fleeing the country and seeking foreign tech jobs. Current and ex-engineers recounted leaving Russia at short notice, often leaving spouses behind. Some said they are struggling to access their Yandex salaries from abroad. Alexei* doesn’t know when he’ll see his wife again. “She’s still in Russia. We call every night.”… Source link