Russia
Ukraine’s halt of Russian gas to Europe throws breakaway Moldovan region into crisis mode
Flow regulator valves at a natural gas measuring station in Moldova. Bloomberg | Bloomberg | Getty Images Moldova’s breakaway region of Transnistria has been thrust into a profound energy crisis following the termination of a five-year gas transit agreement between Russia and Ukraine. Hundreds of thousands of people in the mainly Russian-speaking territory of Transnistria […]
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CNBC Daily Open: Treasury yields are putting pressure on stocks again
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading of the new year on January 02, 2025 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed […]
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Ukraine just stopped Russian gas flows to Europe. Here’s who’s most at risk
The Mitte Combined Heat and Power (CHP) natural gas power plant, operated by Vattenfall AB, in Berlin, Germany, on Wednesday, Jan. 1, 2025. Bloomberg | Bloomberg | Getty Images Ukraine halted the flow of Russian gas to several European countries on New Year’s Day, bringing an end to Moscow’s decades-long dominance over Europe’s energy markets. […]
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Azerbaijan Airlines says crashed flight saw ‘external and technical interference’ before it crashed
Emergency specialists work at the crash site of an Azerbaijan Airlines passenger jet near the western Kazakh city of Aktau on December 25, 2024. The Embraer 190 aircraft was supposed to fly northwest from the Azerbaijani capital Baku to the city of Grozny in Chechnya in southern Russia, but instead diverted far off course across […]
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On Christmas Day, Pope Francis calls for talks to end Ukraine war
Pope Francis delivers his Christmas Urbi Et Orbi Blessing and his traditional Christmas Day message from the central balcony overlooking St. Peter’s Square on December 25, 2024 in Vatican City, Vatican. Vatican Pool | Getty Images News | Getty Images Pope Francis in his Christmas message on Wednesday called for talks between Ukraine and Russia […]
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Russia attacks Ukraine in major missile strike on Christmas Day
Ukrainian servicemen of the 33rd brigade operate a Leopard battle tank in the direction of Kurahove, Ukraine as Russia-Ukraine war continues on December 19, 2024. Anadolu | Anadolu | Getty Images Russia attacked Ukraine’s energy system and cities in its eastern region with cruise and ballistic missiles on Wednesday morning, Ukraine’s energy minister and local […]
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Passenger plane crashes in Kazakhstan, emergencies ministry says
An aerial view of the port city of Aktau, located on the Caspian Sea coast on September 01, 2024 in Aktau, Kazakhstan. Anadolu | Anadolu | Getty Images A passenger plane crashed near the city of Aktau in Kazakhstan on Wednesday and initial reports suggested there were survivors, the Central Asian country’s Emergencies Ministry said […]
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Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation and a recovery in the ruble. KIRILL Kudryavtsev | AFP | Getty Images Russia’s central bank on Friday unexpectedly left its key interest rates unchanged […]
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Putin admits Russian inflation is an ‘alarming signal’ and the economy is ‘overheating’
Russian President Vladimir Putin attends an annual televised phone-in with the country’s citizens dubbed “Direct Line with Vladimir Putin” at the Moscow’s World Trade Center studio in Moscow on June 30, 2021. Sergei Savostyanov | Afp | Getty Images Russian President Vladimir Putin on Thursday said that inflation is a problem facing Russia, and that […]
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Russia braced for mammoth rate hike amid fears it’s losing the battle against inflation
A customer with a cart chooses cheese at the Okey supermarket in St. Petersburg. Sopa Images | Lightrocket | Getty Images Russia’s central bank is expected to carry out a mammoth rate hike later this week as inflation continues to soar in the war-focused economy. Russia’s consumer price index continues to rise despite repeated rate […]
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