Russia's Central Bank pegged the ruble's official currency exchange rate at more than 105 against the U.S. dollar for Wednesday, marking its weakest appraisal considering that the early days of Russia's 2022 intrusion of Ukraine.The ruble's decrease comes amidst a brand-new raft of sanctions targeting Gazprombank and heightened stress with the West, together with what appears to
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Moscow included 30 British nationals to its entry restriction list over the careless policies and anti-Russian activities of the British federal government, Russia's Foreign Ministry revealed Tuesday.Among those now prohibited from entering Russia are U.K. Deputy Prime Minister Angela Rayner, Secretary of State for the Home Department Yvette Cooper, Chancellor of
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Russia's state-owned oil pipeline monopoly Transneftsaid Tuesday that it will likely be required to cut financial investments into significant tasks after lawmakers passed a bill doubling the company's corporate tax rate.Russia's lower-house State Duma passed legislation Tuesday raising Transneft's business tax from 20% to 40% in 2025-2030. The business stated the
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Authorities in Moscow have ordered a British diplomat implicated of espionage to leave the nation, the Federal Security Service (FSB) stated Tuesday.The diplomat, determined as Edward Pryor Wilkes, was apparently sent to Moscow to change among six British diplomats accused of spying in August, according to the FSB.The law enforcement agency declared
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Russia's military vowed Tuesday to respond to brand-new Ukrainian airstrikes against Russian territory allegedly carried out with U.S.-supplied ATACMS missiles, coming a week after the White House gave Kyiv consent to utilize the weapons on targets inside Russia. Retaliatory actions are being prepared, Russia's Defense Ministry said in a declaration that a
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Russia's military has actually changed the commander of one of its 6 operational groups battling in Ukraine, the RBC news website reported Tuesday, citing confidential sources.Lieutenant General Alexander Sanchik was apparently selected acting leader of Russia's South group of forces. Sanchik succeeds Colonel General Gennady Anashkin, who was removed
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