Tag Archives: Putin

President Vladimir Putin (R) and Yandex CEO Arkady Volozh visit the Yandex headquarters in Moscow TASS via Getty Images Arkady Volozh, the tech entrepreneur behind Yandex—the Russian equivalent to search engines like Google and Yahoo—has seen the value of his stake in Russia’s top tech giant fall by over 60% since last Thursday, the day Putin attacked Ukraine. Volozh himself lost more than $400 million that day, as Russia’s wider business community… Source link

Bill Browder has pondered how best to put the squeeze on Vladimir Putin and Russia for nearly 20 years now. The financier and head of the Global Magnitsky Justice Campaign has been targeted by Putin for over a decade now and, in a new interview with Yahoo Finance Editor-in-Chief Andy Serwer, offered up his grade of where things stand on sanctions so far. Those sanctions got a failing grade from Browder early on. Before the invasion, he gave the West just a two out of 10 and said the actions… Source link

Prominent economist and Harvard professor Kenneth Rogoff offered a biting take on how the world will remember Russian president Vladimir Putin. “Putin is a pariah. I have many Ukrainian friends and Russian friends who are utterly distraught. They look at being cut off from the world for a long time,” the former chief economist at the International Monetary Fund said on Yahoo Finance Live. “He is going to be looked at as a mass murder. People are going to be looking at again genocide charges…. Source link

As the U.S. and other Western powers line up to impose sanctions on Russia for its armed incursion into Ukraine, the looming economic penalties are likely to squeeze the energy giant’s economy. However, there are questions about whether the booming cryptocurrency sector could allow oligarchs close to Russian President Vladimir Putin to skirt the effort to put the financial squeeze on Moscow, thanks to the anonymity and decentralization of digital tokens. According to Capital Economics,… Source link

Last month, Valentyna Kostyantynovska heard the building drumbeat toward Russia’s invasion of Ukraine and decided to join the defense forces. She figured that the only way her homeland stood a chance against such overwhelming force was if everyone chipped in. And by everyone, she meant everyone. Even someone such as herself, a 79-year-old from Mariupol, located along the Sea of Azov which is connected to the Black Sea. “I cannot do much,” Kostyantynovska told Reuters. “I can help the… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, February 25, 2022 Inflation, and the Fed’s reaction to it, remains the biggest market risk Crying ‘havoc,’ Vladimir Putin has let slip the dogs of war — both in Eastern Europe and global financial markets. Thursday’s breathtaking comeback on Wall Street, roiled by panic-selling stemming from the Russia-Ukraine conflict, signaled… Source link

Russian President Vladimir Putin signaled the start of a military operation in Ukraine early Thursday morning local time, announcing that Russian troops would enter Ukraine’s Donbas region. The territory is held by Russian-backed separatists, and Putin declared it independent of Ukraine earlier this week. “I have decided to conduct a special military operation,” Putin said in a speech broadcast on Russian television. “Russia cannot exist with a constant threat emanating from the… Source link

(Bloomberg) — The ruble tumbled the most since March 2020 after President Vladimir Putin recognized self-declared separatist republics in east Ukraine, deepening a standoff with the West. Most Read from Bloomberg The ruble weakened beyond 80 per dollar during Putin’s televised address to Russians late Monday and stocks slumped as much as 18% in evening trading. Earlier in the day, the benchmark MOEX Russia equity index closed its main trading session down 11%, the biggest drop since… Source link

The jailed opposition figure Alexei Navalny has been laboring for years to help citizens in specific jurisdictions unite their protest votes in favor of the candidate most likely to snag a seat from President Vladimir Putin’s party. The “Smart Voting” tool, supported by a smartphone app called “Navalny,” released its recommendations last week — but the government banned the project in June and labeled its organizers “extremists.” This label has been the justification for… Source link

Russia’s President Vladimir Putin (R) and Yandex CEO Arkady Volozh TASS via Getty Images Billionaire Arkady Volozh, founder and CEO of Russian search engine Yandex, plans to challenge a ruling last week from an arbitration court in Moscow, which bans Yandex from showing results for the term “Smart Voting,” following a complaint from the Russian Federation. The term in question–Smart Voting–is part of an effort by the Russian opposition that has formed around the… Source link