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How a single phone call after Ukraine war post wiped out former Russian oligarch Tinkov's $9 billion fortune
IndianStartupNews
·
1m ago
Medial
Oleg Tinkov, former Russian oligarch and founder of Tinkoff Bank, lost nearly $9 billion after criticizing the Russia-Ukraine war in a 2022 Instagram post. His comments led to Kremlin pressure, forcing him to sell his 35% stake in the bank at a severely undervalued price. Tinkov criticized Russia's military actions and leadership, leading to a call from the Kremlin and an ultimatum to sell his stake or face nationalization. The sale drastically reduced his personal wealth.
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Related News
India a close 2nd to China with₹25,597 crore Russian oil buys
Economic Times
·
4m ago
Medial
India was the second-largest importer of Russian oil in September, purchasing nearly ₹25,597 crore worth, following China's ₹3.2 billion. Indian refiners also ranked second in buying Russian coal and refined fuels, with total fossil imports of ₹3.6 billion. The U.S. has pressured India to reduce its Russian oil imports, citing funding for Moscow's war efforts in Ukraine. Despite a 9% sequential drop, India’s crude imports remained substantial. China topped overall, with Turkiye and the EU following.
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Russian military personnel on the front lines targeted with new Android spyware
Arstechnica
·
10m ago
Medial
A new Android spyware targets Russian military personnel by embedding itself in a modified Alpine Quest mapping app, widely used by those in the Ukraine war zone. Disguised as a free version of the normally paid Alpine Quest Pro app, it collects and transmits users’ phone numbers, contacts, geolocation, and stored files data. Its modular design allows for updates to enhance its capabilities, potentially compromising security further. The malware distribution is suspected to be linked to ongoing Ukraine-Russia cyberconflicts.
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Trump says Ukraine has no chance of winning war without striking Russia
Livemint
·
6m ago
Medial
Former President Trump stated that Ukraine has little chance of winning the war without launching attacks on Russia. His comments came shortly after two summits aimed at resolving the conflict. Trump compared the situation to a sports team unable to win by only defending. The White House labeled his social media post as merely an "observation." Trump also mentioned plans for peace talks between Russian and Ukrainian leaders.
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Why India's Russian oil imports sparked US tariffs amid Ukraine peace talks
Economic Times
·
5m ago
Medial
India continues to import substantial amounts of Russian oil despite diplomatic tensions due to energy security needs and economic considerations. The country, heavily reliant on oil imports, finds it challenging to replace Russian supplies due to cost issues. This stance has led to US tariffs, as Washington associates these imports with funding Russia's Ukraine war. Nonetheless, India has diversified oil sources, balancing Russian imports with alternatives from the US and Middle East, driven by national interest and market rates.
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Wipers from Russia’s most cut-throat hackers rain destruction on Ukraine
Arstechnica
·
3m ago
Medial
Russian-state hackers, notably the Sandworm group, have launched destructive cyberattacks against Ukraine, targeting critical infrastructure and sectors like grain export to weaken its war economy. Historically, Russian hackers have employed wipers, a type of malware that permanently erases data, causing widespread disruption and economic damage. Despite a purported shift towards espionage, these wiper attacks continue, underscoring their enduring role in Russia's cyber warfare toolkit. Collaboration between rival Russian groups has also been observed in recent attacks.
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Indian imports of Russian coal fall, US shipments rise
Money Control
·
1y ago
Medial
Indian imports of Russian coal have decreased while imports from the US have increased in the three months leading up to May, according to data from coal consultancy Bigmint. The drop in Indian imports of Russian coal is mainly attributed to Russian supplies becoming less competitive. Thermal coal shipments from Russia saw a 67% decline, while purchases of steelmaking grades increased. The decline in Russian coal imports by India follows fresh western sanctions on Russia due to the war in Ukraine. However, buyers stated that the main issue affecting Russian coal was the drop in global prices rather than the sanctions.
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Ukraine bans official use of Telegram app over fears of Russian spying
Economic Times
·
1y ago
Medial
The Ukrainian government has banned the use of Telegram messaging app on official devices used by state officials, military personnel, and critical workers due to concerns over potential Russian spying. The National Security and Defence Council made the decision based on evidence presented by the head of Ukraine's GUR military intelligence agency. However, the ban only applies to official devices and not personal phones. Telegram is widely used in both Ukraine and Russia and has become an important source of information since the Russian invasion of Ukraine. Ukrainian officials have expressed concerns about its use during the war.
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Russia has secret war drones project in China: Report
Money Control
·
1y ago
Medial
Russia has reportedly established a weapons programme in China to produce long-range attack drones for use in the war against Ukraine. According to European intelligence agency sources and documents reviewed by Reuters, Russian state-owned company Almaz-Antey's subsidiary, IEMZ Kupol, has developed a new drone model called Garpiya-3 (G3) in China with the assistance of local experts. Kupol claims to be able to produce drones in China to deploy in the war. The White House National Security Council expressed deep concern over this alleged drone programme, which it views as China providing lethal assistance to a US-sanctioned Russian firm.
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EU Envoy to India clarifies sanctions on Russia, says no disruption to global supply, purchases
Economic Times
·
7m ago
Medial
The European Union's sanctions on Russia target its oil, energy, banking, and defense industries to weaken Moscow's "war economy" while maintaining global oil market stability. The EU's 18th sanctions package reduces the oil price cap from $60 to $47.6 per barrel, aiming to curtail revenues fueling Russia's military efforts in Ukraine. The EU has also sanctioned 450 shadow fleet oil tankers, reducing dependency on Russian oil by 90% and plans to eliminate all Russian energy imports by 2026-2027.
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Russia fines Google for YouTube clip telling Russian troops how to surrender
Economic Times
·
1y ago
Medial
A Russian court fined Google 3.8 million roubles for YouTube videos showing Russian soldiers how to surrender. Russia frequently requires tech platforms to remove what it calls illegal content, including misinformation about the Ukraine war, and imposes fines for non-compliance. Critics claim Russia deliberately slows YouTube, hindering access to content critical of Putin. Russia denies this, blaming Google for not upgrading equipment, a claim Google and experts dispute. Putin accused Google of U.S. political manipulation.
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