Putin approves changes to Russia’s nuclear doctrine

Vladimir Putin has approved changes to Russia’s nuclear doctrine, setting out new conditions under which the country would consider using its arsenal. The doctrine now says an attack from a non-nuclear state, if backed by a nuclear power, will be treated as a joint assault on Russia. The update was proposed in September and rubber stamped on Tuesday, the 1,000th day of the war with Ukraine. It also follows Washington’s

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Russia’s Sovcomflot blames earnings drop on Western sanctions By Reuters

(Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core earnings. The United States imposed sanctions on Sovcomflot in February, part of Washington’s efforts to reduce Russia’s revenues from oil sales that it can use to finance its war in Ukraine. Sovcomflot reported a 22.2% year-on-year drop in nine-month revenue to

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Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation

09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the center of the capital. Photo: Ulf Mauder/dpa (Photo by Ulf Mauder/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images Russia’s central bank on Friday raised its key interest rate by 200 basis points to 21%, citing consumer price increases considerably above its forecast and warning of ongoing high

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