archiveWar

Banking

Russia prepares decree to unfreeze and swap assets with foreign investors

A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, August 15, 2023. A sign reads: "Bank of Russia". REUTERS/Shamil Zhumatov/File Photo Acquire Licensing RightsAug 23 (Reuters) - Russian authorities are working on a draft presidential decree to give the country's retail investors a way to unblock their frozen assets held in overseas accounts and sell them to foreign parties, the central bank said on Wednesday.International sanctions against Moscow over its invasion of Ukraine have blocked many Russian investors' access to securities held in jurisdictions outside the...
Finance

UK says a supersonic Russian bomber likely to have been destroyed in drone attack

FILE PHOTO: A Tu-22M3 bomber performs during the "Aviadarts" military aviation competition at the Dubrovichi range near Ryazan, Russia, August 2, 2015. REUTERS/Maxim Shemetov Acquire Licensing RightsAug 22 (Reuters) - British military intelligence said on Tuesday that a weekend drone attack on an airfield deep inside Russia which Moscow blamed on Ukraine is highly likely to have destroyed a nuclear-capable TU-22M3 supersonic long-range bomber.Kyiv, which on Monday claimed to have attacked another Russian military airfield, says Russia has used the TU-22M3 to bomb targets across Ukraine with conventional munitions. Western...
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