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The Latest Breaking News from Russia

Russian gas shutoff would send some EU countries into recession, IMF warns

Fund says GDP in Hungary, Slovakia and Czech Republic would fall by up to 6%, with Italy, Germany and Austria also hit hard

The Guardian - UK

Russian tennis star breaks country’s taboo as she comes out as gay in emotional interview

Russia's top ranked tennis player Daria Kasatkina came out as gay during an interview and credited her compatriot and fellow athlete Nadya Karpova for giving he the courage to do so

Daily Mirror

Blinken to highlight Russia's invasion of Ukraine in push for supply-chain co-operation - WSJ

U.S. Secretary of State Antony Blinken is expected to point to Russia's invasion of Ukraine as an urgent reason for governments to cooperate more closely on the international supply chain, the Wall Street Journal reported on Tuesday citing State Department officials.

Reuters

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How Russia’s war has harmed Ukraine’s ethnic Greek minority

Most ethnic Greeks lived in the city of Mariupol, but some have died and many were displaced by Russia’s bombardment.

Al Jazeera

Yellen believes U.S. will get on board with global minimum corporate tax — eventually

Treasury Secretary Janet Yellen spoke to Morning Edition about global efforts to choke off much of Russia's profit from oil sales and the odds of a recession in the U.S.

WEKU

Italy signs energy deals with Algeria in bid to sidestep Russia

Prime Minister Mario Draghi says Algeria has ‘become in recent months the biggest supplier of gas’ to Italy.

Al Jazeera

Israel Finance Minister seeks transfer of Russian funds to immigrants

Israeli Finance Minister Avigdor Lieberman is looking for ways to enable Russian immigrants to access their bank accounts in Russia and transfer money to Israel, a senior ministry source said on Tuesday.

Reuters

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Russian missile attack kills one in Ukrainian city of Kramatorsk - mayor

At least one person was killed in a Russian missile attack on the centre of the eastern Ukrainian city of Kramatorsk on Tuesday, the regional governor said.

Reuters

Russia pounds Ukraine as Putin holds talks in Tehran

Russian cruise missiles hit villages around the southern Ukraine port city of Odesa overnight, in the latest attack that local authorities say aim to strike fear into the civilian population

The Independent UK

EU to soften sanctions on Russian banks to allow food trade

The European Union will amend its sanctions on Moscow on Wednesday by allowing the unfreezing of some funds of top Russian banks that may be required to ease bottlenecks in the global trade of food and fertilisers, a draft document showed.

Reuters

Russia Says it Will Fine Apple for Violating Antitrust Laws

Russia's competition authority said on Tuesday it would fine US tech giant Apple for violating Russian antitrust laws and abusing its dominant position in the app store market. The federal anti-monopoly service (FAS) said it would levy a turnover-based fine against Apple, the size of which would be determined during…

Asharq Al-Awsat

‘F*** everyone else’: Russian number one Daria Kasatkina comes out as gay

The French Open semi-finalist’s comments come as the Russian parliament discusses tightening already stringent restrictions on public discussions of LGBTQ relationships

The Independent UK

Ukrainian ambassador visits Bushmaster factory, asks for more support to combat Russia

During a visit to Bendigo's Thales factory Vasyl Myroshnychenko thanked Australia for its donations, but said his country was at risk of succumbing to the Russians without more aid.

ABC News

What do we really know about the Russian roots of America’s biggest cannabis company?

Curaleaf could be worth $75bn by 2030. But its US-born chair, Boris Jordan, faces questions over his two decades in Russia

The Guardian - US

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Axios

Russian state hackers’ new battleground: the cloud

Cozy Bear, which launched the 2020 Solar Winds attack, is targeting embassies via cloud storage services.

Reuters

Iran and Russia's Gazprom sign primary deal for energy cooperation

The National Iranian Oil Company (NIOC) and Russian gas producer Gazprom signed on Tuesday a memorandum of understanding worth around $40 billion, Iran's oil ministry's news agency SHANA said.

Reuters

Russia says it destroyed Ukrainian arms depots near Odesa storing Western-supplied weapons

Russia's defence ministry said on Tuesday its forces had destroyed ammunition depots in Ukraine's southern Odesa region that were storing weapons supplied to Kyiv by the United States and European countries

Evening Standard

Vladimir Putin to visit Iran in rare international trip

The Russian president will meet Iranian and Turkish premiers in Iran conference

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Al Jazeera

What’s happening to Russian gold?

A ban is in the works but the question is, how effective will it be in limiting Putin’s war chest?

Asharq Al-Awsat

Middle East Sovereign Funds Reposition Strategies as Inflation Bites

Surging inflation and the Russian invasion of Ukraine have prompted sovereign investors to reposition their asset allocation, according to the latest Invesco Global Sovereign Asset Management Study. Investors now favor private markets over fixed income and equities, and among geographies, prefer the US and the Asia Pacific over Europe. More…

The Guardian - UK

Putin claims progress made in talks over lifting Ukrainian wheat blockade

Russian president makes comments in Tehran, where he had a meeting with leaders from Turkey and Iran

Reuters

Russian spy chief meets Armenian PM days after CIA chief Burns did

The chief of Russia's foreign spy service met Armenian Prime Minister Nikol Pashinyan this week, just three days after CIA Director William Burns visited Yerevan for talks, the Armenian government said.

The Hindu

Russia defaults on LNG supplies to India

GAIL is now scouting for alternatives including tying up supplies from other sources in the U.S. and West Asia

Asharq Al-Awsat

Tehran Urges Ankara to Tackle Syria Security Concerns Through 'Political Means'

Iranian Foreign Minister Hossein Amir-Abdollahian said his country wants a political solution to address Turkey’s security concerns in Syria, stressing that the return of refugees and support for peace, stability and security in the war-torn country are among the issues on the agenda of the upcoming meeting between Iran, Russia…

Asharq Al-Awsat

Eastbound Yamal Flows Rise, Russian Gas Flows Through Ukraine Steady

Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany rose on Tuesday while nominations for Russian gas flows into Slovakia from Ukraine via the Velke Kapusany border point remained steady, operator data showed. Exit flows at the Mallnow metering point on the German border stood at 4,527,661 kWh/h…

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