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Russia's ruble hits the lowest level in a year against the dollar and the yuan

As a key Treasury license is set to expire this month, it could become a lot harder for Russia to t…

Jennifer Sor   


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A Russian court hit Google with a fine larger than the world's GDP, stretching credulity

At the current exchange rate, the fine is equivalent to around $20.6 decillion, or about $20,604,60…

Joshua Nelken-Zitser   


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A Russian teen got 15 years in prison for donating crypto to a pro-Ukraine paramilitary unit: report

Danila Yakovlev, 19, tried to transfer about 5,000 rubles to the Freedom of Russia Legion, Mediazon…

Matthew Loh   


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Russian banks say they're run out of yuan as Chinese firms pull away from the nation

Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…

Jennifer Sor   


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Russian former deputy minister 'stole' a 3-bedroom apartment in Moscow with false documents, investigators say

Pavel Baryshev, who was deputy minister for natural resources, is accused of using forged documents…

Matthew Loh   


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Putin is giving cash to Russians fleeing Ukraine's surprise attack — but only $115

Putin's compensation scheme for Russian fleeing a Ukrainian attack on Kursk amounts to about one se…

Mia Jankowicz   


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Russian evacuees in Kursk still aren't getting their $110 payouts pledged by the Kremlin after a month, aid volunteers say

A local volunteer leader said evacuees are discovering their villages aren't registered in official…

Matthew Loh   


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Russian ruble sinks to level that previously triggered emergency measures from Moscow

The last time the ruble deteriorated past the 100-per-dollar threshold, Russia's central bank hiked…

Filip De Mott   


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Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar

Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …

Huileng Tan   


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A Russian politician says the country needs a 'special demographic operation' to boost its birth rate, which has crashed to a 25-year-low

"We must organize ourselves and conduct another special operation," said Nina Ostanina, the head of…

Huileng Tan   


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A Russian murder convict joined Wagner, went home, killed again, then got out a 2nd time by joining the army: rights group

Ivan Rossomakhin, 29, was to serve 23 years in prison after committing another murder in 2023, but …

Matthew Loh   


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Russian ruble slumps to 18-month low as Israel-Hamas war sends US dollar higher in flight to safety

The Russian ruble weakened further as Hamas' deadly attack on Israel caused investors to seek safet…

Jennifer Sor   


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Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says

Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…

Jennifer Sor   


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Russian ruble hits 16-month low as currency takes a beating from Ukraine invasion

The Russian ruble fell to its lowest level in 16 months on Monday morning as the currency continues…

Joseph Wilkins   


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4 mins read

Arrests of Russian generals and officials raises questions about Putin's war machine

According to the UK Ministry of Defence, "Corruption is deeply rooted in the Russian MOD, and it is…

Cameron Manley   


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1 min read

The ruble is failing and now more Russians are cutting back on buying basic goods like food and toothpaste as prices jump

Earlier this month, the Russian ruble plunged to a 16-month low against the US dollar amid Russian …

Natalie Musumeci   


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Russian stocks are back at pre-war levels as investors see them as safer bet than falling ruble

The Moex Russia Index closed at 3,093.64 on Tuesday, above where it was when Russia invaded Ukraine…

Jason Ma   


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The Russian ruble just blew through its 'comfort zone' as the currency weakens in the aftermath of failed mutiny

Russia's ruble blew past a key range of 80-90 per US dollar, the optimal value for the nation's cur…

Jennifer Sor   


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Russian ruble extends freefall as US weighs new weapon for Ukraine amid Putin regime's disarray

US officials are reportedly considering supplying Ukraine with the ATACMS long-range weapon after p…

Filip De Mott   


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Panicked Russians withdrew 100 billion rubles from banks during the Wagner revolt, central bank says

Russian lenders underwent the largest cash demand since fall of 2022, according to the country's ce…

Filip De Mott