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President Vladimir Putinsigned a decree Tuesday momentarily handing over control of a major junk food maker to the Russian government.In April 2023, Putin authorized the government to seize the Russia-based possessions of foreign companies from countries the Kremlin views as unfriendly, a relocation extensively viewed as retaliation to the West freezing around $
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Read more: [Russia] - Putin Orders Seizure of U.S.-Owned Canned Food Maker
Write comment (93 Comments)Russian authorities will no longer try to prevent the ruble from falling past 100 against the U.S. dollar as they expect the low exchange rate will benefit Russia’s state budget amid plans for more wartime spending, Bloombergreported Tuesday, citing two anonymous sources familiar with the situation.
Shortly after the full-scale invasion of Ukraine,
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Read more: Russian Officials ‘Resigned’ to Letting Ruble Fall Past 100 vs Dollar – Bloomberg
Write comment (98 Comments)The head of Russia's Olympic Committee announced his resignation on Tuesday, a surprise move that comes as Moscow faces isolation in international sporting organizations over its invasion of Ukraine.
Stanislav Pozdnyakov, a five-time Olympic medallist, said in his resignation letter that there were "timely" reasons why Russian sport needed a new
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Read more: Russian Olympic Committee Chief Announces Surprise Resignation
Write comment (94 Comments)Alexei Moskalev, the father of a Russian girl who drew an anti-war picture at school, was released from prison on Tuesday after serving a sentence under Russia’s wartime censorship laws.
In March 2023, Moskalev wassentenced to one year and 10 months in prison for repeatedly “discrediting” the Russian military. Moskalev did not attend his sentencing
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Read more: Russian Man Jailed for Daughter’s Anti-War Drawing Released From Prison
Write comment (95 Comments)Russia’s state media regulator Roskomnadzor said the popular video game platform Steam agreed to remove all banned content from its Russian store, state media reported Tuesday.
Steam, a game distribution platform owned by the American company Valve, offers a catalog of more than 100,000 games, with 132 million users worldwide. There are an
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Read more: Steam Removes Banned Content in Russia, State Regulator Says
Write comment (94 Comments)Russia’s southwestern Kursk region bordering Ukraine has been engulfed in battles with Kyiv’s troops for over two months.
Ukraine has claimed over two dozen Kursk region settlements since launching its surprise incursion on Aug. 6, in the most significant cross-border attack on Russian territory since World War II.
With most of the territory
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Read more: As Ukraine’s Kursk Incursion Rages for a Third Month, What Is Happening on the Ground
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