Contents tagged with Russia
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Poland detains nine suspected of Russian-ordered sabotage acts
Polish authorities have detained nine individuals on suspicion of carrying out acts of sabotage on behalf of Russian intelligence services, the country's Prime Minister, Donald Tusk, announced on Tuesday, May 21. This concerns assaults, arson, and attempted arson, - he said, indicating that the individuals involved are mercenaries. According to Tusk, sometimes these individuals are from the criminal world, and this includes citizens of Ukraine, Belarus, and Poland.
Specifically, Tusk pointed …
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Former commander of Russian 58th Army detained on fraud charges
A court in Russia has ordered the detention of Ivan Popov, former commander of the 58th Army of the Southern Military District, for two months, reports TASS, citing law enforcement agencies.
According to the Russian news outlet, Popov has been accused of large-scale fraud. No further details have been provided by TASS.
At the same time, the Telegram channel Mash reports that the Russian general has been accused of illegally selling 2,000 tonnes of metal structures worth approximately 100 …
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Leaked documents reveal cozy ties between Russia's new Defence Minister and Wagner Group founder
Newly appointed Russian Defence Minister Andrei Belousov has held meetings with the founder of the Wagner Group, a designated terrorist organisation, Yevgeny Prigozhin, and has been overseeing his activities, according to a report by the Dossier Center.
An anonymous source revealed to journalists that "Belousov and Prigozhin were often seen sitting closely together, addressing each other informally—'Zhenya' and such. Their work meetings resembled family gatherings over tea—casually discussing …
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Moscow court annuls $142 million IKEA deal amid sanctions, confiscates funds to state budget
A commercial transaction involving OOO "Torg", the Russian entity of Swedish company IKEA, and its affiliated Irish firm Fami Limited, valued at 12.9 billion rubles ($142 million) ( for goods sold in Russia, has been annulled by the Moscow Region Arbitration Court. This amount is now mandated to be transferred to the Russian state budget, as reported by Russian-language media on Saturday, May 18.
According to reports, the court's decision in response to a lawsuit filed by the Federal Tax …
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Russian court seizes Deutsche Bank's assets amid legal dispute over EU sanctions compliance
Arbitration Court of St. Petersburg and the Leningrad Region has seized assets, accounts, and securities of Deutsche Bank and its subsidiaries in Russia, amounting to €238.61 million, following a claim by Ruskhimalyans.
Ruskhimalyans, a company established by Gazprom and Rusgazdobycha, operates the gas processing and liquefaction project in Ust-Luga. Deutsche Bank served as one of the guarantors for the Ruskhimalyans contract alongside Turkish Renaissance Heavy Industries and German Linde for …
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Russian court freezes €463 million in UniCredit assets amid sanction dispute
A Russian court has frozen assets belonging to UniCredit Bank in Russia valued at €463 million following a lawsuit filed by RusKhimAlliance, one of the operators involved in the construction of a gas processing complex. The assets were seized in connection with the bank's refusal to breach European sanctions.
The gas processing complex in question, located in Ust-Luga, is a joint venture between Gazprom and RusGazDobycha. RusKhimAlliance’s lawsuit revolves around the suspension of work on this …
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Russia expels British Military Attaché in tit-for-tat move amid escalating tensions
On May 16, the Russian Ministry of Foreign Affairs declared the British military attaché at the UK Embassy in Moscow, Adrian Coghill, persona non grata. He has been given one week to leave the Russian Federation. The Russian Foreign Ministry explained this move as a response to the expulsion of the Russian military attaché from the UK, labelling it "hostile and unfounded."
"This measure does not exhaust our reaction to the May 8 hostile anti-Russian actions by the British side. The initiators …
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Putin and Xi cement strategic alliance amid rising tensions with US
Russian and Chinese leaders have reaffirmed their shared strategic interests and criticized what they see as the global dominance of the United States. During talks on Thursday, 16 May, the two sides agreed to expand political and economic cooperation.
Putin is currently on a two-day state visit to China. This marks his first overseas trip since his inauguration for a fifth term as Russia's president. At the outset of his visit, Putin emphasised the "unprecedentedly high level of strategic …
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International Economic Forum Russia – Islamic World kicks off in Tatarstan; Taliban, Iran, Turkey among honored guests
The 15th International Economic Forum "Russia – Islamic World", known as the Kazan Forum, is underway in Tatarstan. The program features 125 thematic sessions across 12 different directions and will continue until 19 May.
The goal of the 15th Kazan Forum is "to provide a platform for leading international experts in economics and finance from the Islamic world to strengthen ties between member countries of the Organisation of Islamic Cooperation (OIC) and the Russian Federation in economic, …
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Russian Defense Ministry's Personnel Chief Yuri Kuznetsov arrested on bribery charges
The head of the main personnel department of the Russian Defence Ministry, Lieutenant General Yuri Kuznetsov, who was detained the day before, has been arrested on suspicion of taking a particularly large bribe. A criminal case has been opened against Kuznetsov, announced Svetlana Petrenko, the official representative of the Russian Investigative Committee on Tuesday, May 14.
While serving as the head of the 8th Directorate of the General Staff of the Armed Forces of the Russian Federation, …