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Mortgage loans in Russia fell by their largest margin ever in April despite government measures to avert the economic fallout from war-related Western sanctions, the RBC news website reported Tuesday.
Russian banks approved 37,200 mortgage loans totaling 130.5 billion rubles ($2 billion) in April 2022. That marked a 75% drop from March, when banks
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Read more: Mortgage Loans Suffer ‘Largest Fall’ in Russia’s History – RBC
Write comment (90 Comments)Moscow said on Tuesday that two employees of Finland's embassy in Russia will have to leave the country in response to a similar move by Helsinki.
The Foreign Ministry said in a statement that it summoned Finland's ambassador to Moscow and expressed its "strong protest" against the expulsion of two Russian diplomats from neighboring Finland in
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Read more: Russia Expels 2 Finnish Embassy Staff
Write comment (93 Comments)Russia said Tuesday that 265 Ukrainian soldiers holed up in Mariupol’s besieged Azovstal steel plant had “surrendered,” contradicting Kyiv’s account that the evacuated soldiers would be exchanged later.
“The surrender of fighters from the Azov nationalist unit and Ukrainian servicemen blocked in the Azovstal plant in Mariupol began yesterday,” the R
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Read more: Russia Says 265 Azovstal Defenders Surrendered
Write comment (93 Comments)President Vladimir Putin is involved in Russia’s push to capture eastern Ukraine on a tactical level, British media reported Monday, citing unnamed western military sources.
Russian forces are currently attempting to encircle cities under Kyiv’s control in the Luhansk and Donetsk regions after abandoning their initial plan to seize the Ukrainian c
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Read more: Putin Involved in Tactical Decision Making in East Ukraine – Reports
Write comment (92 Comments)Jailed Kremlin critic Alexei Navalny on Tuesday opened an appeal process for a nine-year prison sentence he was handed in March on charges that he and his allies say are politically motivated.
After a brief start to the hearing on Tuesday morning, the court said it would resume the process on May 24 following a request to postpone from Navalny.
His
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Read more: Kremlin Critic Navalny Appeals Jail Sentence
Write comment (91 Comments)Ukrainian authorities said a rescue mission to extract the last defenders of the Azovstal steelworks in Mariupol was under way on Tuesday, after hundreds of soldiers were evacuated in an earlier operation.
The factory complex had become a symbol of resistance, with around 600 soldiers holed up in underground tunnels and bunkers fighting a
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Read more: Rescue Mission Under Way at Azovstal as Hundreds Evacuated
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