China Vows Support for Russia, Drawing U.S. Ire

President Xi Jinping on Wednesday assured Vladimir Putin of China’s support on Russian “sovereignty and security” — leading Washington to warn Beijing it risked ending up “on the wrong side of history.” China has refused to condemn Moscow’s massive military assault on Ukraine and has been accused of providing diplomatic cover for Russia by blasting…

U.S. Announces $1Bln More in Arms for Ukraine

U.S. President Joe Biden announced $1 billion worth of new arms for Ukraine Wednesday as Pentagon officials defended the pace and quality of supplies as meeting Kyiv’s battlefield needs. Ukrainian troops shelled Russian targets on the frontlines in the eastern Donbas region with newly arrived French Caesar howitzers, as Ukraine officials met in Brussels with…

Chechen Authorities Using Threats and Blackmail to Recruit Soldiers for Ukraine — Investigation

Authorities in the Russian republic of Chechnya are forcing local men to join “volunteer” battalions for Moscow’s invasion of Ukraine, investigative news outlet The Insider reported Wednesday.  Soldiers have reported the use of intimidation, blackmail, or threats of torture and kidnapping against their loved ones, according to The Insider’s sources. While the exact number of…

ROSATOM takes part in SPIEF-2022

ROSATOM Director General Alexey Likhachev, First Deputy Director General for Development and International Business Kirill Komarov, Deputy Director General for Human Resources Tatyana Terentyeva, and other ROSATOM executives take part in the St. Petersburg International Economic Forum (SPIEF-2022) on June 15-18. On June 16, Alexey Likhachev will take part in the plenary session Northern Sea…

Gazprom To Cut Nord Stream Gas Deliveries by a Third

Russian gas giant Gazprom said Wednesday it was cutting daily gas deliveries via the Nord Stream pipeline by a further 33%, after Germany slammed an earlier cut as political. “From 01:30 a.m. Moscow time on June 16 the daily output of the Portovaya compression station will be up to 67 million cubic metrers per day,”…

Expert RA confirmed compliance of JSC Atomenergoprom’s bonds with “green” bonds issue principles

On June 14, 2022, the rating agency Expert RA confirmed that JSC Atomenergoprom’s (a part of ROSATOM) bonds comply with the “green” bonds issue principles and “green” financial instrument criteria. The agency’s release says: “Following the methodology of the second party opinion on compliance of bonds with the green bond principles, Expert RA confirms that…

IKEA to Scale Down Operations in Russia, Sell Factories – RBC

Swedish furniture retailer IKEA will scale down its business operations in Russia and sell all four country-based factories, the RBC business daily reported Wednesday, citing the company’s press service.   IKEA, which employed some 15,000 people in Russia, temporarily closed its stores and suspended operations of its factories there in March amid the international fallout from…

Taliban, Separatists and Lukashenko: Russia Kicks Off Diminished St. Petersburg Forum

The St. Petersburg International Economic Forum (SPIEF), Russia’s annual showcase event for foreign investors, opened Wednesday amid a reduced participant list, increased secrecy and boycotts by some Western governments.  As the war in Ukraine has sent the Russian economy spinning toward recession and deepened Moscow’s international isolation, SPIEF – once dubbed “Russia’s Davos” – looked…

RPV installed at Kursk-II as equipment tests begin

The VVER-TOI reactor pressure vessel (RPV) has been installed at unit 1 of the Kursk-II NPP under construction in Russia, three weeks ahead of schedule, said Andrey Osharin, First Deputy Director for the Construction of New Units at Kursk NPP. The RPV was delivered to the site in September 2021. “Since that time, a lot…

Aeroflot Executive Detained on Suspicion of Fraud

A senior executive in charge of aircraft purchases for Russia’s flagship airline Aeroflot has been arrested on suspicion of fraud, Russia’s state-run Interfax news agency reported Wednesday. Mikhail Minayev, director of Aeroflot’s fleet planning and aircraft procurement, was placed in pre-trial detention by Moscow’s Khoroshevsky court until Aug. 8. If found guilty, Minayev faces up…

Russia Faces Commercial Drone Shortage as War Increases Demand

Russia is experiencing a shortage of commercial drones amid increased demand from the military and China’s exit from the Russian market, the Kommersant business daily reported Thursday. Prices have risen by an average of 30% since Russian troops invaded Ukraine in February, Kommersant reported, citing industry sources. Prices for drones used in the oil and…

Russia to Revive Abandoned Arctic Military Airport

Russia is reconstructing a long-dormant military airport on its far northern Kola Peninsula as part of a major upgrade of Northern Fleet airstrips in the European Arctic.  The Severomorsk-2 airfield which lies 11 kilometers northeast of Murmansk was shut down in 1998. Northern Fleet commander Admiral Alexander Moiseyev said it is among the Russian Arctic…

Russia Says Destroyed NATO Arms Depot in Western Ukraine

Russia said Wednesday its forces destroyed a depot containing NATO-supplied arms in western Ukraine as President Volodymyr Zelensky urged Western allies to speed up arms deliveries to his country. “Near the town of Zolochiv in Lviv region, high-precision long-range Kalibr missiles destroyed an ammunition depot of foreign weapons transferred to Ukraine by NATO countries, including 155-mm…

Russian National Guard Spokesman Killed in Ukraine

A spokesman for Russia’s National Guard has been killed in battle in Ukraine, a veterans’ organization announced Tuesday. Col. Sergei Postnov served as a war correspondent in the National Guard’s so-called “information response group,” the Russian Interior Ministry’s veterans’ council said on its website. The group said that Postnov died “performing his military duty,” but…

Captured Fighters ‘Deserve’ Death Penalty, Top Russian Lawmaker Says

Russia’s top lawmaker said Thursday that fighters sentenced to death in eastern Ukraine’s pro-Moscow separatist territories “deserve” to die. “The death penalty is the punishment these fascists deserve,” Vyacheslav Volodin, speaker of the lower-house State Duma, said, using terminology that President Vladimir Putin has invoked to justify Russia’s invasion of Ukraine. Volodin spoke a week…