Russian Inflation Unexpectedly Slows in December

Russia’s annual rate of inflation unexpectedly slowed in December after ticking up continuously for seven months, official data showed Friday, in a boost for the Kremlin ahead of elections. Inflation had been predicted by economists to rise in December 2023 but instead edged down to 7.4% year-on-year, compared with 7.5% in November. Friday’s figure is…

Ukraine’s Spy Chief Promises More Attacks on Crimea

Ukraine’s military spy chief Kyrylo Budanov said in an interview published Friday that Kyiv’s attacks against Russian-annexed Crimea were set to intensify, adding that Moscow’s economy was proving surprisingly resilient despite sanctions. “In 2023, the first Ukrainian incursions took place in temporarily occupied Crimea,” Budanov told the French daily Le Monde, adding: “And this is…

4 Killed as Russia, Ukraine Exchange Attacks

Russian shelling on Friday killed two people in the southern Ukrainian city of Kherson, while a drone attack by Kyiv in the Moscow-controlled east killed another two, officials said. As the war approaches its second anniversary, both Russia and Ukraine have accused each other of killing dozens of civilians in a sharp escalation of attacks.…

Russia-China Trade Hits Record $240Bln in 2023

Trade between China and Russia reached a record $240 billion in 2023, official Chinese data showed on Friday. China’s General Administration of Customs Data said two-way with Russia in 2023 grew by 26.3% from the year earlier. Similarly, Chinese exports to Russia increased by 46.9%, while imports from Russia rose 13% last year. Presidents Vladimir Putin…

Russia Issues Arrest Warrant for Exiled Journalist Serafimov

Russia’s Interior Ministry has issued an arrest warrant for journalist Andrei Serafimov, who is believed to have fled the country, news outlets reported Friday. The law enforcement body’s online database of wanted persons lists Serafimov but does not specify which criminal charges he faces in Russia. The journalist said in December he had been charged with public…

Moscow Blasts U.S.-British Strikes in Yemen

Updated with Kremlin’s remarks. The Kremlin on Friday condemned the United States and the United Kingdom for military strikes against the Iranian-backed Houthi rebels in Yemen, while Russia’s mission to the UN requested an urgent Security Council session. The U.S. and U.K. air forces said they struck multiple Houthi targets in Yemen late on Thursday in…