Putin Says Normalization in Yerevan and Baku’s Interests

Russian President Vladimir Putin said Monday he hopes for “normalization” of ties between rivals Armenia and Azerbaijan who pledged not to resort to force in their territorial dispute after tripartite talks, reasserting Moscow’s role as Caucasus powerbroker. The summit was held as Western engagement grows in the volatile Caucasus region, where Russia — distracted by…

Russian Billionaire Gives Up Nationality Over Ukraine

Billionaire banker and entrepreneur Oleg Tinkov on Monday said he renounced his Russian citizenship because of the conflict in Ukraine, which he had previously criticised. “I have taken the decision to exit my Russian citizenship. I can’t and won’t be associated with a fascist country, that started a war with their peaceful neighbour and killing…

Fourth Billionaire Renounces Russian Citizenship Over Ukraine

The Russian-born co-founder and CEO of British digital bank Revolut has become the fourth billionaire to renounce his Russian citizenship, The Telegraph reported on Saturday. Nik Storonsky, 37, had dual British and Russian citizenship until his decision to renounce his Russian citizenship earlier this year, the report said. Storonsky, who has publicly condemned Moscow’s invasion…

Russia Targets Ukrainian Energy Infrastructure in New Strikes

Russia’s military said it successfully hit several Ukrainian energy infrastructure facilities in the latest round of missile strikes fired at the war-torn country Monday.  “The Russian Armed Forces continued to launch strikes with high-precision long-range air and sea-based weapons against Ukrainian military and energy facilities,” the Defense Ministry said in an update on its Telegram…

Bridgestone Seeks Local Buyer for Russian Business

Japanese tiremaker Bridgestone said Monday it was seeking a local buyer for its business in Russia due to “general uncertainty and the ongoing supply issues” in that country. The company suspended manufacturing activities in Russia and exports to the country in March — shortly after Moscow invaded Ukraine — while freezing new investments, it said. Bridgestone said in a…

Dozens Freed in New Russia-Ukraine Prisoner Exchange

Russia and Ukraine over the weekend announced a fresh prisoner exchange involving 50 captives on each side. Unlike previous exchanges carried out since the Russian invasion, the prisoner swap was made public by both Moscow and Ukraine on Saturday. Russia’s military said its 50 soldiers returned from Ukraine had been “in mortal danger in captivity”…

Putin Congratulates Brazil’s Lula on Election Win, Says Hopes for ‘Cooperation’

Russian President Vladimir Putin congratulated Brazilian President-elect Luiz Inacio Lula da Silva on Monday after the leftist ex-president narrowly won a divisive runoff against far-right incumbent Jair Bolsonaro. “The results of the vote have confirmed your high political authority,” Putin said in a telegram published by the Kremlin after Brazilian electoral officials called the election for…