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Combined fortune of Russian billionaires grew by $18.4 billion this year
The overall capital of Russian billionaires grew up to 18.4 billion dollars from the start of the year, RIA Novosti reports, citing the ratings on the Bloomberg Billionaires Index.
Twenty-three Russian businessmen were included in the rating of 500 billionaires. According to Bloomberg, the richest Russian is the co-owner of Novatek, Leonid Mikhelson, whose capital had grown by 4.93 billion dollars since January and reached a total of 21.6 billion dollars. Second place is taken by the …
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Russia loses $2.2 billion through yuan investments
The Bank of Russia continues to lose foreign currency reserves as a result of its operations on the international currency market, finanz.ru reports.
After the unsuccessful conversion of euros into dollars in 2017, which led to a loss of $4.5 billion, the Central Bank of Russia decided to invest a record amount in the Chinese yuan, and once again made losses in the billions on exchange rate differences.
By the start of April, the proportion of the Chinese currency in Russia’s foreign currency …
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Ukraine considers imposing criminal penalties for promoting ‘Russian World’ ideology
A group of deputies from the Verkhovna Rada of Ukraine headed by Oleksandr Shevchenko registered a Parliament bill proposing criminal prosecution for promoting the idealogy of “Russian World”.
As stated in an explanatory note attached to the draft bill, “current Ukrainian legislation prohibits only communist and national socialist ideologies, not taking into account the promotion of the ideas of “Russian World,” which aim at destruction of Ukrainian independence.”
In connection with this, the …
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Media: Russia to start using electromagnetic cannons in Syria
Russia is testing its electromagnetic weapons in field conditions, TASS quotes an advisor to the first deputy general director of the Concern Radio-Electronic Technologies, Vladimir Mikheyev as saying. Viktor Murakhovsky, the editor-in-chief of the Arsenal of the Fatherland magazine, told National News Service that Russia could soon use such weapons in Syria.
According to Mikheyev, electromagnetic weapons systems (microwave directed-energy weapons) “exist and are being very effectively …
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British court refuses to extradite former bank owner to Russia
Former co-owner of Trust Bank Ilya Yurov, who was placed on the international wanted list by Russia, will remain in the UK. The Westminster Magistrates’ Court ruled that extraditing him to Russia would constitute a human rights violation.
Ilya Yurov came to the UK from Russia after Trust Bank was reorganized in December 2014. In Russia he is accused of embezzlement and misappropriation of funds. The Russian investigation believes that, between 2012-2014, he and several other of the bank’s …