Russia

Russia regional governor quits after son dodges extradition to US

The governor of the giant Russian territory of Krasnoyarsk has quit, authorities said on Thursday, shortly after his businessman son dodged Italian authorities trying to extradite him to the United States and fled to Russia. President Vladimir Putin signed a decree accepting the resignation of Alexander Uss but gave no… Cyprus Mail …



World Bank approves additional $610 million in financing for Ukraine

The World Bank on Tuesday said it had approved an additional financing package totaling $610 million to address urgent relief and recovery needs in Ukraine as the war with Russia continues. The package includes an additional $500 million loan from the World Bank’s International Bank for Reconstruction and Development (IBRD) that is supported by… Cyprus Mail …


Russia is China’s top oil supplier for 3rd mth in July

Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent refiners stepped up purchases of discounted supplies while cutting shipments from rival suppliers such as Angola and Brazil. Imports of Russian oil, including supplies pumped via the East Siberia… Cyprus Mail …


Major fire erupts at Donetsk oil depot after Ukraine shelling

A major fire broke out at an oil depot in the Budyonnovsky district of Russian-backed Donetsk People’s Republic in eastern Ukraine after Ukrainian troops shelled the province, Russia’s TASS reported on Tuesday, quoting a reporter at the scene. No casualties or injuries have been reported so far due to the fire, which… Cyprus Mail …