Russia’s Putin says crypto has ‘value’ — but maybe not for trading oil

Russian President Vladimir Putin thinks cryptocurrencies have value — but he’s not convinced they can replace the U.S. dollar in settling oil trades. Some months ago, Russia’s deputy prime minister, Alexander Novak, suggested the country could move away from greenback-denominated crude contracts if the U.S. continues to impose targeted economic sanctions. Asked whether bitcoin or… Continue reading Russia’s Putin says crypto has ‘value’ — but maybe not for trading oil

Russia’s ruble backs away from 11-month highs as eyes turn to Biden-Putin summit

The ruble has been on a steady incline since mid-April, supported by rising oil prices and a hawkish Central Bank of Russia, but a geopolitical cloud is forming as President Vladimir Putin prepares to meet with U.S. President Joe Biden on Wednesday. The currency notched its strongest level against the greenback since July 2020 last… Continue reading Russia’s ruble backs away from 11-month highs as eyes turn to Biden-Putin summit

Russia’s Putin to address nation as mass Navalny protests are planned

Russian President Vladimir Putin is set to address the nation on Wednesday in his annual “State of the Nation” address, a speech that will take place amid growing tensions with Ukraine and a hunger strike by dissident Alexei Navalny. In the last week, there have been further reports that Russian troops are massing at the… Continue reading Russia’s Putin to address nation as mass Navalny protests are planned

Russian President Vladimir Putin’s spokesman Dmitry Peskov hospitalized after testing positive for Coronavirus

Russian President Vladimir Putin’s spokesman Dmitry Peskov has been hospitalized after testing positive for Coronavirus. “I am ill. I’m being treated,” Peskov was quoted as saying by Russian news agencies TASS and Interfax. Peskov said he had last met Putin in person over a month ago, the TASS news agency reported. But the Kremlin has… Continue reading Russian President Vladimir Putin’s spokesman Dmitry Peskov hospitalized after testing positive for Coronavirus