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The Latest Breaking News from Sberbank

India, Russia explore digital currency payments for trade in cross-border breakthrough

India and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlements as BRICS seeks alternatives to traditional payment systems. Sberbank CEO Herman Gref said the initiative could support trade expansion, while Russian companies’ rupee holdings and the widening trade imbalance remain key…

The Economic Times

Roubles and rupees: Russia says no more hurdles in payments with India

Russia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent of their bilateral trade transactions. Bilateral trade reached seventy billion dollars in 2024, tripling since 2022. Russian businesses previously faced challenges with rupee overhang and trade imbalances. Both nations' banks…

The Economic Times

Russians Are Pulling Billions From Banks As Fears Grow That Putin Could Seize Deposits to Fund The War

A senior executive at Sberbank, Russia's largest retail bank, warned that withdrawals for all of 2026 could approach twice the amount withdrawn during that first year of the war.

International Business Times

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Ukraine war briefing: F-16 crashes while chasing Russian air targets

Pilot found safe and taken for medical treatment after ‘malfunction’; Russian drone company chief shot. What we know on day 1,618

The Guardian - AU

NATO chief in Kyiv says Russia is 'increasingly desperate'

NATO chief Mark Rutte said in Kyiv on Wednesday that Russia was growing desperate as it faced mounting military and economic difficulties in its four-year-long invasion of Ukraine. Earlier, Kyiv launched drone attacks on the Russian city of St. Petersburg where officials and visiting dignitaries were gathering for a flagship…

France 24

Russia's Sberbank wants Chinese chips for its GigaChat AI in the face of Western sanctions — faces a long wait behind ByteDance and Alibaba

CEO German Gref didn’t specify which Chinese chips Sberbank is interested in, but the most likely candidate is Huawei's Ascend 950 family.

Tom’s Hardware

Kremlin forcing big firms to join ‘witch-hunt’ against internet rebels, claims report

Campaigners say banks and web platforms are being told to collect data on customers visiting blocked sites

The Guardian - UK

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Apple subsidiary fined by UK government over Moscow sanctions breach

Apple Distribution International, based in Ireland, made payments worth £690,000 to a Russian streaming service

The Guardian - UK

Glencore's £3.5 bn Kazakh mining deal raises important questions

Little detail has been disclosed publicly about the funding structure behind the proposed Kazzinc purchase

Evening Standard

JPMorgan Names XRP Banks' Favourite Crypto — Here's Why It Matters

A reported JPMorgan briefing positions XRP as a top institutional digital asset, highlighting speed, utility and real banking use cases.

International Business Times UK

Ukraine-Russia war latest: Zelensky says peace 10% away as Kyiv strikes key Russian oil depot

President optimistic about security guarantees as at least six people injured in Russian attacks

The Independent UK

Ukraine war briefing: ‘Attack on global food security’ as Russia hits wheat ships and ports

US has verified as fake the claimed attack on Putin residence, says Zelenskyy; leaders of Ukraine’s allies to meet in France next week. What we know on day 1,407

The Guardian - AU

Did an AI war just get one step closer? Putin confirms Russia is planning its own national AI taskforce

Russia establishes a national AI taskforce to strengthen domestic LLMs, deploy humanoid robots, and develop autonomous drones for strategic operations.

TechRadar

Ukraine-Russia war latest: Putin’s troops exploit bad weather to step up assault in Pokrovsk

Russia is taking advantage of bad weather to advance in small groups, moving on foot or motorcycles

The Independent UK

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The Guardian - AU

Ukraine war briefing: Top banker’s straight talk to Putin over troubled economy

Sberbank head German Gref gives unusually frank assessment; Zaporizhzhia situation has ‘significantly worsened’, says Syrskyi. What we know on day 1,358

Euronews

Russian economy is stagnating amid Ukraine war, says Sberbank CEO

German Gref said the country's central bank should lower interest rates to avoid a recession.

RideApart

KTM Reportedly Changes Mind, Wants To Repay Creditors At Once, Not Over Time

It's already the middle of February, and if you've been following the KTM insolvency saga, then the name of this month may just ring a bell for you. Why? Because February 25th is the deadline for any KTM restructuring plan to officially be approved by its creditors.

Reason

Short Circuit: A Roundup of Recent Federal Court Decisions

Troubled waters, a Declaration of War, and some batty paperwork.

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The Guardian - UK

SFO and mining firm ENRC agree settlement over legal claims

Agency had been investigating Kazakh company for suspected corruption and fraud over 12 years

Top News

Sberbank: AI To Drive 60% Corporate Loan Decisions

Sberbank's adoption of AI for corporate loan decisions signifies a strategic move towards efficiency and innovation in the banking sector.

Reuters

Zombie alert: Russian lawmaker complains about rogue design algorithm

A leading Russian lawmaker said on Wednesday he had filed a complaint about an online art tool promoted by the country's largest bank, saying it consistently generated negative images of Russia.

The National (Scotland)

‘Serious questions’ as pension funds invest millions in firms operating in Russia

SCOTLAND’S largest council pension funds have around £230 million invested in Western companies continuing to operate in Russia almost a year…

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