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The Latest Breaking News from Russia

Middle East Sovereign Funds Reposition Strategies as Inflation Bites

Surging inflation and the Russian invasion of Ukraine have prompted sovereign investors to reposition their asset allocation, according to the latest Invesco Global Sovereign Asset Management Study. Investors now favor private markets over fixed income and equities, and among geographies, prefer the US and the Asia Pacific over Europe. More…

Asharq Al-Awsat

Putin claims progress made in talks over lifting Ukrainian wheat blockade

Russian president makes comments in Tehran, where he had a meeting with leaders from Turkey and Iran

The Guardian - UK

Russian spy chief meets Armenian PM days after CIA chief Burns did

The chief of Russia's foreign spy service met Armenian Prime Minister Nikol Pashinyan this week, just three days after CIA Director William Burns visited Yerevan for talks, the Armenian government said.

Reuters

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Russia defaults on LNG supplies to India

GAIL is now scouting for alternatives including tying up supplies from other sources in the U.S. and West Asia

The Hindu

Tehran Urges Ankara to Tackle Syria Security Concerns Through 'Political Means'

Iranian Foreign Minister Hossein Amir-Abdollahian said his country wants a political solution to address Turkey’s security concerns in Syria, stressing that the return of refugees and support for peace, stability and security in the war-torn country are among the issues on the agenda of the upcoming meeting between Iran, Russia…

Asharq Al-Awsat

Eastbound Yamal Flows Rise, Russian Gas Flows Through Ukraine Steady

Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany rose on Tuesday while nominations for Russian gas flows into Slovakia from Ukraine via the Velke Kapusany border point remained steady, operator data showed. Exit flows at the Mallnow metering point on the German border stood at 4,527,661 kWh/h…

Asharq Al-Awsat

US promotes ‘friend-shoring’ of trade with eye on China, Russia

US treasury secretary highlights economic threat posed by ‘unreliable countries’ during visit to South Korea.

Al Jazeera

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Russia-Ukraine war: List of key events, day 146

As the Russia-Ukraine war enters its 146th day, we take a look at the main developments.

Al Jazeera

UN Envoy: Syria Talks in Switzerland 'No Longer Possible'

The UN special envoy for Syria has expressed regret that talks between the government and opposition scheduled to start on July 25 in Geneva “are no longer possible,” reportedly because President Bashir Assad’s government contends that Switzerland is not neutral because of its support for European Union sanctions against its…

Asharq Al-Awsat

Russia's Medvedev: We will set terms for peace in Ukraine

Russia's former president Dmitry Medvedev said on Tuesday that Russia will prevail in Ukraine and will set the terms for a future peace deal with Kyiv.

Reuters

Russia seeking oil payments from India in dirhams

Moscow replaced Saudi Arabia as the second biggest oil supplier to India after Iraq for the second month in a row in June

The Hindu

Fashion Retailer H&M Joins TJX, Others in Exiting Russia

H&M Group said on Monday it will wind down its business in Russia which will cost almost $200 million and affect 6,000 staff as it joins a growing number of companies fully exiting the country. Russia was H&M's sixth-biggest market and the company was increasing its store count there while…

Asharq Al-Awsat

Putin in Iran for summit overshadowed by Ukraine war

Iran's supreme leader Ali Khamenei Tuesday urged strengthened energy co-operation with Moscow in a meeting with Vladimir Putin after Russia's president arrived in Tehran for a three-way summit on the Syria war.

France 24

Putin’s forces too stretched to sustain effective combat power, says UK

Vladimir Putin is likely to struggle to launch decisive offensive operations in Ukraine as Russia’s forces becoming increasingly stretched, British military chiefs said on Tuesday.

Evening Standard

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Reuters

Ukraine and Russia: What you need to know right now

Russian President Vladimir Putin said Moscow had not seen any desire from Kyiv to fulfil what he described as a preliminary peace deal agreed to in March to end the war in Ukraine, where Russian bombardment continued.

Evening Standard

Zelensky suspends 28 more officials amid concerns over collaboration with Russia

Analysts say the moves are designed to strengthen the Ukrainian president’s control over the army and security agencies

Asharq Al-Awsat

Putin Meets Iranian Leader on First Trip outside Former Soviet Union since Ukraine War

Russian President Vladimir Putin held talks with Supreme Leader Ali Khamenei in Iran on Tuesday, the Kremlin leader's first trip outside the former Soviet Union since Moscow's Feb. 24 invasion of Ukraine. During his visit to Tehran, Putin will also hold his first face-to-face meeting since the invasion with a…

Reuters

Britain says Russia struggles to sustain effective offensive combat

British military intelligence said on Tuesday Russia has struggled to sustain effective offensive combat power since the start of its invasion of Ukraine and the problem is likely becoming increasingly acute.

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The Independent UK

Putin heads to Tehran for talks with leaders of Iran, Turkey

Russian President Vladimir Putin’s visit to Iran starting Tuesday is intended to deepen ties with regional heavyweights as part of Moscow’s challenge to the United States and Europe during its grinding campaign in Ukraine

Asharq Al-Awsat

Algeria, Italy Sign Gas Deal Worth $4 Billion

Italian Prime Minister Mario Draghi held talks with Algeria’s president Monday to to boost gas deliveries and reduce Italy’s reliance on Russian supplies. President Abdelmadjid Tebboune welcomed Draghi and the two went on to sign agreements and memorandums of understanding in areas ranging from energy to sustainable development, justice and…

The Guardian - AU

North Korean labour could be sent to rebuild Donbas, Russian ambassador says

Alexander Matsegora tells Russian newspaper there are ‘a lot of opportunities’ for economic cooperation, despite UN sanctions

Bangkok Post

Europe must 'stand firm' with Taiwan: EU lawmaker

Europe must support Taiwan's democracy, a senior EU lawmaker said Tuesday at the start of a trip to the island, citing both Russia's invasion of Ukraine and China's crackdown in Hong Kong.

France 24

Putin says progress in Ukraine grain talks thanks to Erdogan

Russian President Vladimir Putin on Tuesday thanked Turkish President Recep Tayyip Erdogan for mediating talks on the export of grain from Ukraine, saying there was some progress. Iran's Supreme Leader Ayatollah Ali Khamenei told Putin that Tehran and Moscow need to stay vigilant against "Western deception", calling for long-term cooperation…

Al Jazeera

For G20, Ukraine war an obstacle to cooperation on global economy

Finance ministers and central bank governors fail to sign communique amid divisions over Russia’s invasion of Ukraine.

Tribune News Service

Patrick Reusse: A hockey star in a troubled country? We’ve seen this film before

The Berlin Wall came down on Nov. 9, 1989. This was the beginning of the end for the Soviet Union. Eastern Europe was mostly freed from the "Iron Curtain'' imposed by Russia after World War II by the early '90s.

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