Day: October 10, 2019
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Severstal reports Q3 2019 operatioal results
October 11, 2019 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q3 2019. Q3 2019 GROUP HIGHLIGHTS Hot metal output increased 7% q/q in Q3 2019 to 2.46 mln tonnes (Q2 2019: 2.30 mln tonnes) following short-term maintenance works…
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Kremlin Critic Navalny Debates Populism, Greta Thunberg and Russia’s Future at Nemtsov Forum
Russian opposition leader Alexei Navalny took part in a debate outside Russia for the first time at the annual Boris Nemtsov Forum in Poland on Wednesday. The forum, named after the Russian opposition politician who was murdered in 2015, aims to facilitate discussions between Russia and the West. Curated by Nemtsov’s daughter, journalist Zhanna Nemtsova,…
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Ukraine, Russia Resume Blame Game as Peace Process Hits Roadblock
Ukrainian President Volodymyr Zelenskiy on Thursday accused Russia of delaying a summit aimed at resolving the conflict between Kiev and pro-Russian separatists in Ukraine’s east, but Moscow said Kiev needed to pull back its troops first. Ukraine, France and Germany had planned to hold the meeting of the group known as the Normandy Four, aimed at resolving…
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The second Nuclear Industry Suppliers Forum held in Cairo
The second Nuclear Industry Suppliers Forum organized by ROSATOM and Egyptian Nuclear Power Plant Authority (NPPA) was held in Cairo (Egypt) on October 8-9, 2019. The event were held at the venue of the Big Industrial Week Global Industrial and Technical Exhibition and Forum. Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt, Kirill…
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What Does Turkey’s Syria Offensive Mean For Russia?
Turkish troops and their Syrian rebel allies attacked Kurdish militia in northeast Syria on Wednesday, pounding them with air strikes and artillery before starting a cross-border ground operation that could transform an eight-year war. Turkey’s assault on the Kurds is potentially one of the biggest shifts in years in the Syrian war that has drawn…
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Russia Plans New Icebreakers, Ports and Satellites for Northern Sea Route
Russia has big plans for its Arctic and is now in the process of building capacities that will enable it to ship out major volumes of goods from the region. “Nuclear icebreakers, sea ports, support vessels and satellites are our main priority,” says Maxim Kulinko, a top representative of Russia’s state nuclear energy corporation Rosatom.…
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The Many Lives of the Tsar’s Village
For over two hundred years, the epicenter of Imperial Russian power was more often found on the outskirts of St. Petersburg than in its heart. The Romanovs had many residences, but none symbolized the dynasty’s autocratic power more than the opulent Catherine Palace, the jewel in the crown of Tsarskoye Selo, “the Tsar’s village.” A…
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Kremlin Critic Navalny Accuses Putin of Foreign Funding ‘Setup’
Russian opposition leader Alexei Navalny has accused President Vladimir Putin of framing his anti-corruption group as a “foreign agent” after Navalny urged people to strategically vote against pro-Putin candidates in elections last month. The Justice Ministry on Wednesday blacklisted Navalny’s Anti-Corruption Foundation (FBK) under a 2012 “foreign agent” law that imposes crippling auditing and reporting…
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Finance Heads Call for Stronger Cybercrime Punishments
Russia’s largest bank and its financial regulator on Thursday called for tougher penalties to be put in place against cybercrime. Governor of the Central Bank Elvira Nabiullina and Sberbank CEO German Gref highlighted how criminal responsibility in Russia for some cyber crimes is softer than in the United States, while for others it is completely…
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Putin Dismisses Kremlin Aide Glazyev, Critic of Central Bank’s Policy
Russian President Vladimir Putin has dismissed Sergei Glazyev, the Kremlin’s adviser known for openly criticizing the Central Bank, according to an official decree published on the state law database website on Wednesday. Glazyev came into the spotlight in economic newsflow amidst the crisis in Moscow’s relations with the West over its annexation of Crimea in…
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U.K. Firms Fight Russia’s Image Problem
“Perception” was the word of the day at the annual RussiaTalk British-Russian investment forum in central Moscow last week. The dozens of business leaders and investors who gathered in the Russian Chamber of Commerce — many of who have been based in Russia for years or have long-term investments and subsidiaries here — were keen…
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Russian Pensioner Jailed for Treason Over Ukrainian Intelligence-Sharing
A 72-year-old Russian man has been sentenced to 12 years in prison for high treason after a court determined that he shared secrets with Ukrainian intelligence. Vladimir Morgunov’s little-known case did not appear in Moscow’s court database until his pre-trial detention was extended in December 2018. The Federal Security Service (FSB) alleged that Morgunov shared…
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Iran Frees Detained Russian Journalist, Russian Embassy Says
Iran has freed a Russian journalist, Yulia Yuzik, who had been detained last week, the Russian Embassy in Tehran said on social media Thursday. “As a result of joint efforts of the Russian Foreign Ministry and the Russian Embassy in Tehran, the Iranian side made a decision on the release of Russian citizen Yulia Yuzik,” it said. According to the…