Russian stock market hits 17-month high

The rally has been attributed to the devaluation of the ruble and rising oil prices Russia’s ruble-based MOEX index exceeded 3,000 points on Friday, marking its highest level since February 22, 2023, the day before Moscow launched its military operation in Ukraine.

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Russian billionaire sues Israeli bank for freezing donation

Roman Abramovich is litigating against the lender for blocking $2.2 million from being sent to a volunteer organization Russian billionaire Roman Abramovich has demanded that the Israeli bank Mizrahi Tefahot unblock his account and allow him to make a NIS 8 million (approximately $2.2 million) donation to ZAKA, a Jerusalem-based non-governmental organization (NGO).

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SPIEF 2024: Rosneft chief reveals cost EU paid for rejecting Russian gas

Members of the bloc have shelled out $630 billion to replace Moscow’s resources, Igor Sechin has said EU nations spent more than $630 billion on non-Russian gas imports in the three years through 2023, the head of Russian oil major Rosneft, Igor Sechin, told an energy panel at the St. Petersburg International Economic Forum (SPIEF)…

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