Orban’s son-in-law considers buying Raiffeisen's Russian arm amid controversial talks
In a potential shake-up in the banking world, Hungarian millionaire Istvan Tiborcz might be setting his sights on acquiring the Russian division of Austrian banking group Raiffeisen Bank International AG (RBI), reports the Austrian newspaper Der Standard, citing unnamed sources.
While Der Standard refers to the rumors as "wild whispers from banking circles," they acknowledge the presence of "serious negotiations" between RBI and Tiborcz. Representatives from the Russian Central Bank and the …
Putin unveils ambitious plans to use nuclear submarines for LNG transportation
Russia is aiming to transport gas using nuclear-powered submarines. The project involves the creation of a massive 360-meter-long submarine gas carrier, boasting a capacity of around 180,000 tons.
The country's plans to construct these submarines for transporting liquefied natural gas (LNG) were highlighted by Russian President Vladimir Putin at the Future Technologies Forum in Moscow. He mentioned that he first heard about this innovative idea from Mikhail Kovalchuk, president of the …
Latvia sees record surge in non-combat weapon parts from Russia
According to Delfi, Latvia saw a staggering 74.5% rise in imports of weapons, ammunition, parts, and accessories from Russia last year, reaching a record €796,774—the highest since 2005. However, Latvia's State Revenue Service clarified that the imports did not include combat weapons or other military goods.
Instead, the items comprised paintball gear, equipment repair, and underwater sports equipment accessories. Statistics indicate that imports in this category have been increasing over …
Stalled negotiations: U.S.-Ukraine rare Earth minerals deal faces delays amid controversial terms
Ukrainian MP Oleksiy Goncharenko, from the European Solidarity party, cited his sources, mentioning that the agreement would involve Ukraine's Minister of Foreign Affairs Andriy Sybiha and the U.S. Secretary of State Marco Rubio. Goncharenko shared on his Telegram channel that "my sources report that the mineral agreement between Ukraine and the U.S. will be signed by Sybiha and Rubio."
However, Suspilne News reports, referencing its own sources in the President's Office, that the agreement on …
Ukrainian drones strike key oil facility in Russia's Krasnodar Krai, disrupting operations
Ukrainian Forces have successfully targeted a critical link in Russia’s oil infrastructure in the Krasnodar Krai region, halting the operation of the "Novovelichkovskaya" oil pumping station, reported Ukrainian news outlet Babel, citing sources within the Security Service of Ukraine (SBU).
According to reports, the operation was executed by the SBU during the night of February 20 using assault drones.
Instead of hitting the oil facility directly, the attack targeted a 110/35/10 kV electric …