Category: Russian

Does WNBA Star Appreciate American Freedom More From Russian Prison? | Larry Elder

Brittney Griner is a WNBA star and two-time Olympic gold medalist who was arrested in February at a Russian airport for marijuana possession. She’s also one of the many famous sports stars who doesn’t want the American national anthem to play at sports games. But remember immigrants like the NBA star from Turkey who changed…


No Way for Canadian Military to Match Russian Footprint in Arctic: Defence Chief

The commander of the Canadian Armed Forces says there is no way Canada can match Russia’s large military footprint in the Arctic. Defence chief Gen. Wayne Eyre is also pouring cold water on the idea of permanently positioning large numbers of troops in Canada’s north. Eyre says the military’s current approach is to make sure…


Russian Banks Need to Be Recapitalized as Losses Loom, VTB CEO Says

Russia’s banks will need a wider recapitalization, Andrey Kostin, CEO of No.2 lender VTB, has told the TASS news agency, with the scale of it to be determined later this year once there is a clearer picture of the losses the sector faces. “I don’t know yet where the capital boost will come from but…


Sanctioned Russian Bank VTB Pays Bond Coupons in Roubles

Sanctioned Russian lender VTB has made coupon payments in roubles to holders of its domestic subordinated bonds denominated in dollars and euros, the National Settlement Depository said on Tuesday. Russia’s ability to continue servicing debt in foreign currencies is in focus as the government, which has so far avoided a default, faces issues paying holders…


ExxonMobil Suspends Russian Far East LNG Project: Interfax

ExxonMobil has suspended its liquefied natural gas project in Russia’s Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions. ExxonMobil said last month it would exit its Russian oil and gas operations, which it had valued at more than…


Government Tells Arts Bodies to Suspend Cultural Events Funded by Russian State

Heritage Minister Pablo Rodriguez has asked arts bodies that get federal funding to suspend all cultural activities involving Russians linked to Vladimir Putin’s regime in protest of his invasion of Ukraine. Canadian Heritage has written to organizations receiving the department’s funding, asking them to cancel tours and co-productions bankrolled by Russian or Belarusian state organizations….


Lessor BOC Aviation Repossesses 747-8 Cargo Plane From Russian Operator

A Boeing 747-8 freighter leased to Russia’s AirBridgeCargo has flown to California from Hong Kong, according to FlightRadar24, after a U.S. judge signed an order allowing lessor BOC Aviation Ltd. to repossess it. The order was unsealed and made public on Tuesday, court documents showed and the aircraft arrived in the United States on March…


NS Fisherman Trapped by Russian Shelling as He Tries to Drive Ukrainians to Safety

A Canadian attempting to drive Ukrainians displaced by the war to safety says Russian shelling has trapped him in the city of Chernihiv for three days as food and water supplies dwindle. Speaking Friday from a bomb shelter in the badly damaged city in northern Ukraine, Lex Brukovskiy said he feels the shelling is an…


4 Russian Officials Charged in Two ‘Historical’ Hacking Campaigns Targeting Critical Infrastructure in 135 Countries: DOJ

Four Russian officials have been charged in two hacking campaigns that targeted critical infrastructure in 135 countries around the globe, the U.S. Justice Department and British Foreign Office announced on March 24. The Russian nationals, who all worked for the Russian government, were charged with attempting, supporting, and conducting cyberattacks that targeted the global energy sector between…


Daimler Truck Sees Rising Prices in 2022, Little Impact From Ukraine

BERLIN—Daimler Truck expects high raw material prices to drive price increases this year but limited impact from events in Ukraine, the German truck and bus maker said on Thursday. Unlike competitors, including Traton’s MAN, it does not source wire harnesses from Ukraine, CEO Martin Daum said, while finance chief Jochen Goetz said Russia and Ukraine…