Page 30 - Russia

Vladimir Putin's conscripts won't win his war but may drag it out

Not only has Russia lost about 80,000 soldiers dead or wounded in Ukraine, according to estimates, but with insufficient manpower for rotation many troops are now spending their eighth month in field

India's Russian thermal coal imports set to fall for first time in 4 months

Indian consultancy Coalmint expects September thermal coal imports from Russia to decline 30% from August to 1.4 million tonnes

US calls on world to stop Russia from further nuclear threats, Ukraine war

The United States called on other nations to tell Russia to stop making nuclear threats and end the horror of its war in Ukraine as all three countries' top diplomats spoke but didn't quite meet at a high-profile UN Security Council meeting on Thursday. Held alongside the annual UN General Assembly gathering of world leaders, the session followed a striking development in the war this week: Russia called up a portion of its reserves for the first time since World War II. At the same time, President Vladimir Putin said his nuclear-armed country will use all means available to us to defend itself if its territory is threatened. US Secretary of State Antony Blinken saw Putin's remark as particularly menacing given plans for referendums in Russian-controlled parts of eastern and southern Ukraine on whether to become part of Russia. Western nations have condemned those votes as illegitimate and nonbinding. But, in their wake, Moscow might then see any Ukrainian attempt to retake those

Lavrov walks out of UNSC meeting as West criticizes Russia for war crimes

Russia's Foreign Minister Sergey Lavrov was criticized by the US and its allies for having left the UNSC meeting as he finished his speech in which he accused Ukrainian forces

India set to skip buying Russia's ESPO crude in Sept as freight costs jump

India, which rarely used to buy Russian oil, has emerged as Moscow's second biggest oil customer after China since Moscow's invasion of Ukraine in late February

Russian call-up sparks exodus by some men as air fares soar

President Vladimir Putin on Wednesday ordered Russia's first mobilisation since World War Two and backed a plan to annex swathes of Ukraine

UCO Bank becomes first lender to get RBI's approval for rupee trade

Many banks in India are planning to open such special vostro accounts for settling trade transactions with other nations

Vladimir Putin's call-up brings reality of war home to many Russians

Police detained about 1,400 people at protests against the order in 38 cities Wednesday night, according to the OVD-Info monitoring group.

Zelenskyy demands punishment for Russia's war on Ukraine in UN address

Ukrainian President Volodymyr Zelenskyy demanded punishment for Russia for the war in Ukraine, which has left thousands of people killed, displaced millions and reduced towns to rubble

President Zelensky vows Ukraine's win as Russian forces redouble efforts

Ukraine's president has implored the world to punish Russia for its invasion, even as the leader vowed his forces would win back every inch of territory despite Moscow's decision to redouble its war effort. In a much-anticipated video address to the UN General Assembly hours after Russia on Wednesday announced it would mobilise some reservists, Volodymyr Zelenskyy portrayed the declaration as evidence the Kremlin wasn't ready to negotiate an end to the war but insisted his country would prevail anyway. We can return the Ukrainian flag to our entire territory. We can do it with the force of arms, the president said. But we need time. Putin's decree on Wednesday about the mobilisation was sparse on details. Officials said as many as 300,000 reservists could be tapped. It was apparently an effort to seize momentum after a Ukrainian counteroffensive this month retook swaths of territory that Russians had held. But the first such call-up in Russia since World War II also brought the ..

Russia not serious about ending war, says Ukrainian President Zelensky

Ukrainian President Volodymyr Zelenskyy suggested Wednesday that Russia's decision to mobilize some reservists showed that Moscow isn't serious about negotiating an end to its nearly seven-month-long war. Speaking by video to the UN General Assembly meeting of world leaders hours after Russian President Vladimir Putin's announcement, Zelenskyy insisted his country would prevail in repelling Russia's attack and forcing its troops out. "We can return the Ukrainian flag to our entire territory. We can do it with the force of arms," the president said. "But we need time." Putin's decree Wednesday about the mobilization was sparse on details. Officials said as many as 3,00,000 reservists could be tapped. It was apparently an effort to seize momentum after a Ukrainian counteroffensive this month retook swaths of territory that Russians had held. But the first such call-up in Russia since World War II also brings the fighting home in a new way for Russians and risks fanning domestic anxi

Why Vladimir Putin's desperate military call-up won't win the Ukraine war

Vladimir Putin announced that a series of referendums on joining Russia would be held in the conquered territories of eastern Ukraine this week

Russian separatists release 10, including 2 US veterans held in Ukraine

Two US military veterans who disappeared three months ago while fighting Russia with Ukrainian forces were among 10 prisoners, including five British nationals, released by Russian-backed separatists as part of a prisoner exchange mediated by Saudi Arabia, officials said Wednesday. Alex Drueke, 40, and Andy Huynh, 27, went missing in the Kharkiv region of northeastern Ukraine near the Russian border June 9. Both had traveled to Ukraine on their own and became friends because both are from Alabama. The families announced their release in a joint statement from Dianna Shaw, an aunt of Drueke. "They are safely in the custody of the US embassy in Saudi Arabia and after medical checks and debriefing they will return to the states," the statement said. Shaw said both men have spoken with relatives and are in "pretty good shape", according to an official with the US embassy. The Saudi embassy released a statement saying it helped secure the release of 10 prisoners from Morocco, the Unite

Rupee sheds 0.3% as US dollar soars ahead of Fed's policy statement

Putin's call for partial mobilisation hits risk appetite in currency market

US bank CEOs grilled by Congress over economy, consumer protections, Russia

JPMorgan Chase's Jamie Dimon said consumers continued to be in 'rather good shape', but there is a chance of a mild recession which could be worse depending on the course of Russia's war in Ukraine

Russia 'shamelessly violated' UN Charter in Ukraine, says Joe Biden

President Joe Biden said Wednesday that Russia has shamelessly violated the core tenets" of the United Nations charter with its brutal, needless war in Ukraine. Delivering a forceful condemnation of Russia's invasion to the international body, Biden said reports of Russian abuses against civilians in Ukraine should make your blood run cold. He also said Russian President Vladimir Putin's new nuclear threats against Europe showed reckless disregard for his nation's responsibilities as a signatory of the Treaty on the Non-Proliferation of Nuclear Weapons. We will stand in solidarity against Russia's aggression. Period, Biden said.

Gold regains some poise on latest Russia jitters; focus on Fed rate hike

Spot gold was up 0.7% at $1,674.79 per ounce by 1205 GMT. U.S. gold futures rose 0.7% to $1,683.

US-India in talks to reduce country's dependence on Russian arms, energy

Russia is "no longer a reliable weapons supplier", and Indians are "coming to understand" that they could benefit from finding other suppliers, an official of the US State Department said

Putin mobilises 300,000 more troops, wields Ukraine nuclear threat

"Those who are trying to blackmail us with nuclear weapons should know that the wind patterns can also turn in their direction," the president said, accusing the US and allies of seeking to "destroy"

Dollar hits two-decade high as Putin rattles markets before Fed rate hike

Putin ordered Russia's first mobilisation since World War Two, warning the West that if it continued what he called its "nuclear blackmail" that Moscow would respond with might of all its vast arsenal