The rouble climbed to a more
than two-month high against the dollar on Monday, supported by
the Russian state s increased foreign currency sales this month
and capital controls that prop up the. -May 20, 2024 at 08:02 am EDT
- MarketScreener
Russia s prisons service has
removed U.S. investor Michael Calvey from its register after the
probation period on his sentence expired, a document seen by
Reuters showed, clearing his criminal record.
Analysis-Russia Can't Match a Western Asset Seizure, but It Can Inflict Pain usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Russia's ability to mete out like-for-like retaliation if Western leaders seize its frozen assets has been eroded by dwindling foreign investment, but officials and economists say there are still ways it can strike back. The United States wants to seize immobilised Russian reserves - around $300 billion globally - and hand them to Ukraine, while EU leaders favour ringfencing profits from the assets, estimating they will total 15-20 billion euros by 2027. Russia says any attempt to take its capital or interest would be "banditry" and has warned of catastrophic consequences, although it has been vague about exactly how it might respond.
Russia s largest mobile
operator MTS proposed a share buyback to foreign
shareholders at a discount of around 69% on Saturday, giving
Western investors whose securities are blocked in Russia.