Tag Archives: Russias

Russia’s debt default will be one of the hardest in history to resolve and could see the US seize the central bank’s assets, economist says

Russia’s debt default will be one of the hardest in history to resolve and could see the US seize the central bank’s assets, economist says

Russian President Vladimir Putin speaks with Finance Minister Anton Siluanov.RIA Novosti/Reuters The impending Russian debt default is likely to be one of the most difficult in history to resolve, Oxford Economics has said. It could even result in the US seizing the Russian central bank’s frozen assets, the consultancy’s Tatiana Orlova said. Russia still has a grace period in which to make dollar payments on its foreign bonds, but analysts say a default is likely. The impending Russian debt… Source link

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Bill Browder, who once ran Russia’s largest foreign investment fund, says companies staying in Russia is like doing ‘business in Nazi Germany’

Bill Browder, who once ran Russia’s largest foreign investment fund, says companies staying in Russia is like doing ‘business in Nazi Germany’

Investor and political activist Bill Browder (left) and Russian President Vladimir Putin (right)TOLGA AKMEN/AFP via Getty Images (left), Mikhail Svetlov/Getty Images (right) Bill Browder once ran Russia’s largest foreign investment fund — now he’s Putin’s “enemy.” In an interview with The New York Times, he said remaining in Russia is like doing “business in Nazi Germany.” He said all companies have a “moral obligation” to leave Russia, “no matter what the cost is.” Bill Browder — an… Source link

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Ukraine Shot Down One of Russia’s Most Advanced Fighter Jets

Ukraine Shot Down One of Russia’s Most Advanced Fighter Jets

Photo credit: Ukrainian General Staff/Facebook Russia’s war in Ukraine is not going well, and this week brought even more bad news for Moscow: the loss of one of the country’s most advanced fighter jets. Ukraine’s military shared photos on social media showing the wreckage of an Su-35S multi-role fighter jet, the first lost in the war. Ukraine’s aging air defense network allegedly shot down the fighter, often characterized as a fifth-generation fighter … just without the stealth…. Source link

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Russia’s Yandex head steps down two weeks early

(Reuters) -Elena Bunina is stepping down as chief executive of Yandex LLC, Russia’s biggest technology company, some two weeks before her tenure is due to expire on April 15, the company said on Saturday. “Elena Bunina is leaving (her) positions of CEO and HR director at Yandex LLC, it was her personal decision,” Yandex’s press service said in an email. It said Artem Savinovsky, a senior manager at the company, had been appointed acting CEO. No further details were given of reasons for the… Source link

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Why Russia’s military is so shabby

In 2015, naval observers noticed that Russia had purchased and refurbished a small fleet of dilapidated cargo ships barely suitable for scrap. Russia lacked modern supply vessels and needed the creaky ships to transport weapons and supplies to Russian troops fighting in Syria on behalf of President Bashar al-Assad. In 2018, Russia’s largest floating repair dock sank near Murmansk, in northern Russia, damaging Russia’s only aircraft carrier, the Admiral Kuznetsov. Officials blamed a power… Source link

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Russia’s Yandex winds down e-grocery in Paris, hints at London exit

A Yango Deli delivery driver collects a test delivery prior to the opening of their new store in London, Britain, October 6, 2021. Picture taken October 6, 2021. REUTERS/John Sibley/File Photo Register now for FREE unlimited access to Reuters.com Register March 31 (Reuters) – Russian internet giant Yandex (YNDX.O) is gradually winding down the Paris operations of its e-grocery service Yango Deli, a spokesperson said on Thursday, citing poor performance and hinting that an exit from the London… Source link

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Russia’s Yandex is harvesting data from millions of Android and iOS users, report

Russian search engine company Yandex is harvesting data from millions of Android and iOS app users and sending it to Russia, a new report from the Financial Times has claimed. Yandex is regarded as Russia’s answer to Google. The firm is listed on the New York Stock Exchange and offers a variety of services, including search engine and advertising tools. Thousands of apps with millions of customers use the Yandex SDK which is capable of collecting user data from iPhone and Android… Source link

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Russia’s Yandex lays off two dozen US-based workers from its robot and self-driving teams

Yandex, the multi-billion dollar Russian tech company that’s been operating a small fleet of autonomous vehicles in Ann Arbor, Michigan, laid off over two dozen US-based workers earlier this month, claiming that its vehicle licenses were suspended by Michigan’s state regulators, The Verge has learned. But Michigan says this just isn’t true. In the days following Russia’s invasion of Ukraine, Yandex paused its AV testing in Ann Arbor, as well as its tests with six-wheeled delivery… Source link

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