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The Latest Breaking News from Moscow

G7 leaders wrap up summit, pledge tougher action against Russia

Leaders of world’s richest democracies say they will impose ‘severe and immediate economic costs’ on Moscow.

Al Jazeera

Tycoon Deripaska casts doubt on Russia quest for "victory" in Ukraine

Russian aluminium tycoon Oleg Deripaska suggested on Tuesday that no winner would emerge from Moscow's invasion of Ukraine and highlighted the economic price that Russia was paying for its actions.

Reuters

Black Sea’s Snake Island emerges as crucial in Russia-Ukraine war

Snake Island, a tiny piece of land in the Black Sea near the Ukrainian port city of Odesa, has taken on symbolic importance for both sides in the conflict. Ukraine said last week that it had won a major military victory on the island, an account Moscow disputes.

France 24

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Whirlpool Divests Russian Business: What's On The Cards?

Whirlpool Corp (NYSE:WHR), through its subsidiary Whirlpool EMEA SpA, agreed to sell its Russian business to Arçelik A.Ş. for deferred payments. The deferred payments are expected to be made over ten years and are subject to a cap based on the net asset value of the business as of closing, which is currently…

Benzinga

Russia Fined These US Companies Over Data Privacy Breach

A Moscow court penalized Amazon.com Inc (NASDAQ:AMZN) owned video streaming service Twitch, social network Pinterest, Inc (NYSE:PINS), holiday rental company Airbnb, Inc (NASDAQ:ABNB), and United Parcel Service, Inc (NYSE:UPS) for refusing to store Russian citizens' data in Russia, Reuters reports. Russia penalized Twitch by 2 million roubles ($37,700), Pinterest and Airbnb by 2 million roubles, and UPS by 1 million…

Benzinga

Russia Fines Foreign Firms Twitch, Pinterest, UPS over Data Storage

A Moscow court said it had fined video streaming service Twitch, social network Pinterest and United Parcel Service in three of several cases expected on Tuesday over alleged refusal by foreign companies to store Russian citizens' personal data in Russia. Moscow has clashed with Big Tech over content, censorship, data…

Asharq Al-Awsat

Russia’s Putin to Meet Iran’s Raisi in Ashgabat on Wednesday

Russian President Vladimir Putin will hold a meeting with Iranian President Ebrahim Raisi during a visit to Ashgabat, the capital of Turkmenistan, on Wednesday, the Kremlin said. Putin is making his first known trip abroad since the start of what Moscow calls a "special military operation" in Ukraine. He is…

Asharq Al-Awsat

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Iran Applies to Join China and Russia in BRICS Club

Iran, which holds the world's second largest gas reserves, has applied to join the BRICS group of Brazil, Russia, India, China and South Africa that Beijing and Moscow cast as a powerful emerging market alternative to the West. The term BRIC was coined by Goldman Sachs economist Jim O’Neill in…

Asharq Al-Awsat

Ilya Yashin: Russian opposition politician detained in Moscow, friend and lawyer say

Prominent Russian opposition figure Ilya Yashin was arrested in Moscow on Monday, according to reports.

Evening Standard

Russia places sanctions against First Lady Jill Biden and daughter Ashley

The Bidens will no longer be allowed to travel to Russia

The Independent UK

At least 20 people were killed in Russia's missile attack on a crowded Ukrainian mall

Russia has been escalating bombardments of Ukrainian cities this week — attacks Moscow says are aimed at military installations but often hit civilian targets instead.

WEKU

Russia Fails to Pay Debt but Denies Default

Russia said Monday that two of its debt payments were blocked from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive. The announcement came on the 124th day of Russia's military intervention in Ukraine, with Western sanctions so…

Asharq Al-Awsat

G7 agrees to explore cap on Russian oil price

The Group of Seven economic powers have agreed to explore imposing a ban on transporting Russian oil that has been sold above a certain price, they said on Tuesday, aiming to deplete Moscow's war chest.

Reuters

Russian Court Extends Brittney Griner's Detention, Trial For Alleged Cannabis Possession Begins July 1

A Russian court has scheduled Brittney Griner's trial to start this coming Friday, July 1 and ruled that the WNBA star's detention would be extended for another six months after she appeared for a preliminary hearing held behind closed doors in a suburb of Moscow.

Benzinga

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Asharq Al-Awsat

G-7 Leaders Wrap Up Summit Meant to Bolster Ukraine Support

The Group of Seven on Tuesday was wrapping up a summit intended to send a strong signal of long-term commitment to Ukraine's future, ensuring that Russia pays a higher price for its invasion while also attempting to alleviate a global hunger crisis and show unity against climate change. Before the…

Daily Mirror

Vladimir Putin could be assassinated with a hammer to the head, says former CIA chief

Daniel Hoffman, a former senior officer who served as Moscow station chief, says any attempt to overthrow the Russian president will be quick and potentially fatal

France 24

NATO to invite Finland and Sweden to join after Turkey lifts objections

NATO leaders will formally invite Finland and Sweden to join the alliance Wednesday after the two Nordic countries reached an agreement with Turkey, NATO chief Jens Stoltenberg said Tuesday. Turkish President Recep Tayyip Erdogan’s office said Helsinki and Stockholm agreed “to cooperate fully with Turkey in its fight” against the…

Reuters

Russian opposition politician detained in Moscow - journalist, lawyer

Prominent Russian opposition politician Ilya Yashin was detained in Moscow on Monday, a lawyer for opposition figures and a Russian journalist said on their social media accounts.

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Sports Illustrated

Griner’s Agent: Monday Hearing Was ‘Not on the Merits’

The WNBA star received an additional six months in custody following a preliminary hearing in Moscow.

France 24

Wartime economy: Can G7 stare down Russia over Ukraine?

Who has got who over a barrel? G7 leaders are pushing the idea of capping the price they pay for Russian oil and gas, effectively forcing Moscow to choose whether to supply at a discount or cut off the revenue stream of its pipelines.

The Independent UK

Why did Putin start the Russia Ukraine conflict?

Vladimir Putin’s military assault continues in face of near-unanimous international condemnation

The Independent UK

Brittney Griner appears in Russian court in shackles as trial start date announced

The trial for the seven-time WNBA All-Star player will begin on Friday 1 July, Ms Griner’s attorney said

The Conversation

Sanctions against Russia: taking stock four months after the start of the war

On 23 February – the eve of Russia’s invasion of Ukraine – the Council of the European Union (EU) adopted the first package of sanctions in response to Moscow’s recognition of the self-proclaimed autonomous republics of Donetsk and Lugansk.

Chicago Sun-Times

Brittney Griner’s trial date set in Russian court

The court in the Moscow suburb of Khimki extended Griner’s detention for another six months after she appeared for a preliminary hearing held behind closed doors.

Reuters

Russia's fashion industry looks for the silver lining

Under its glitzy facade, the Russian high-fashion industry faces an uncertain future.

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