Putin Offers Special Accounts to Lure New Investors to Russia
Under the new rules, foreign investors — including those from so-called 'unfriendly' countries — will be allowed to invest in Russian securities without having their funds trapped in special Type C accounts, according to the document published Tuesday on the government's legal portal.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Tesla stock sinks 5% after Trump hits at Musk for getting 'more subsidy than any human being in history'
Tesla stock sunk 5% on Tuesday after President Donald Trump fired a new shot at Elon Musk. Trump said Musk had government subsidies than "any human being in history" in a post on Truth Social. The pair's feud was reignited by more criticism from Musk over Trump's tax bill. President Donald Trump and Elon Musk are still feuding, much to the chagrin of Tesla investors. Tesla stock dropped 5% on Tuesday as traders digested a new Truth Social post from Trump, which highlighted how much assistance Musk has gotten from the US government. The president also suggested having DOGE look into cancelling contracts with Musk's business empire. "Elon may get most subsidy than any human being in history, by fair, and without subsidies, Elon would probably have to close up shop and head back home to South Africa," Trump wrote, referring to Musk's birth nation. The post also coincided with recent selling pressure after Tesla sales saw a 45% year-over-year decline in the EU. A Washington Post analysis in February found that Musk's companies had received at least $38 billion in federal contracts, subsidies, tax credits, and loans spanning the last two decades. In his post, Trump added that he had always been "strongly against" the electric vehicle mandate, which he said Musk knew about before the Tesla CEO endorsed him during his presidential campaign. "No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!" the president continued. Trump's post came shortly after Musk ramped up his criticisms of Trump's "Big Beautiful Bill" on X. In a post on Saturday, Musk called the tax bill "utterly insane and destructive," and said the bill could kill millions of jobs. The comments come several weeks after Musk and Trump first began sparring on social media about the GOP tax and spending bill, which sparked a steep sell-off in Tesla before the two billionaires appeared to come to a truce. Tesla stock has had a volatile ride so far in 2025. The stock plunged over the first four months of the year amid declining EV sales and turmoil stemming from Trump's tariffs. But shares have rallied of lows in recent months on positive trade developments and Musk announcing he would step back from DOGE in May, though the stock is still down 21% year-to-date. Read the original article on Business Insider Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Boston Globe
an hour ago
- Boston Globe
Russia-Ukraine war comes home to North Korea
It is also part of an effort to ensure the pact, which has made North Korea useful to a world power for the first time in decades, endures, analysts say. Advertisement 'Once the decision was made [to send troops to help Russia], he has been very consistent' in his messaging, said Fyodor Tertitskiy, an expert on North Korea's history and military at Seoul's Kookmin University. 'They are trying to show all possible optics in hopes that Russia won't abandon them once the war is over.' Kim has become one of Putin's staunchest supporters since the start of the war in Ukraine more than three years ago, which left the Russian leader clamoring for troops and munitions, and the North Korean in the unusual position of having assets that someone else wanted. Kim dispatched some 12,000 troops to fight in Russia's western region of Kursk last year, and thousands of them died, according to US, Ukrainian, and South Korean officials. This helped Moscow retake the region, and Russia has thanked North Korea for helping 'in the operation to liberate' Kursk. Advertisement North Koreans were highly motivated on the battlefield and tended to fight to the death or kill themselves with grenades rather than be captured, according to Ukrainian soldiers. Kim may be preparing to send thousands more within the next two months, the South Korean intelligence agency said last week. The decision to send North Korean soldiers to fight for Moscow was an unusual move for a country perennially preparing for invasion from its enemies. North Korea is also believed to have sent large amounts of munitions, including artillery shells, to Russia. North Korea held a commemoration in Pyongyang on Sunday, the anniversary of Putin's summit with Kim in North Korea's capital, where the two leaders signed a landmark strategic and military treaty. As Russians and North Koreans performed onstage to orchestral music, a giant screen displayed images and videos relating to North Korea's dispatch of troops to Russia, and Kim was pictured with about a half-dozen coffins with the North Korean flag draped over them. A somber Kim hunched over in front of one coffin and placed both hands on it, appearing to pay tribute to the repatriated remains of the soldiers who were sent to Russia, according to footage aired on Korean Central Television. The state media footage also showed Russian officials at the event crying and wiping their eyes. The performances celebrated the 'militant ties of friendship and the genuine internationalist obligation between the peoples and armies of the two countries that were forged at the cost of blood,' state media outlet Korean Central News Agency said. Advertisement The report, using the abbreviation for North Korea's official name, claimed the 'annals of the DPRK-Russia friendship will last forever along with the history of victory.' A Russian delegation led by Culture Minister Olga Lyubimova and the staff of the Russian Embassy in Pyongyang attended, along with senior party and government officials, KCNA reported. South Korea's intelligence agency said Kim appears to have sent additional troops to Russia earlier this year. South Korean lawmakers briefed by the spy agency said those additional troops may total about 4,000 soldiers. Top Russian security official Sergei Shoigu made two visits to Pyongyang last month, which were made on 'special instructions' from Putin, according to Russian state-run news agencies. Russian media reported after Shoigu's trips that Pyongyang plans to send about 5,000 military construction workers and 1,000 land mine removal workers to Kursk. Those 6,000 workers could leave as early as this month, the spy agency told lawmakers last week. North Korea has already begun recruiting soldiers to be sent to Russia, the lawmakers said, citing the intelligence service. Kim has hailed the 'excellent soldiers' for their 'heroic feats' in the Kursk region, saying in April the men 'who fought for justice are all heroes and representatives of the honor of the motherland.' Kim also vowed to establish a monument in Pyongyang in their honor.
Yahoo
an hour ago
- Yahoo
New evidence suggests Russian forces shot down Azerbaijan Airlines Flight 8243
Russian military forces were involved in the missile strike on Azerbaijan Airlines Flight 8243 which crashed on 25 December 2024, a new audio recording and a letter published by an Azerbaijani news website on Tuesday purport to prove. Azerbaijani news outlet Minval claims it received an 'anonymous letter ... containing testimonies, audio clips, and technical details' pointing to 'technical deficiencies in the communications equipment used at the time. Minval claims the letter includes a written statement 'allegedly signed by Captain Dmitry Sergeyevich Paladichuk, a Russian air defence officer (who) was acting under direct orders from Russia's Ministry of Defence when he authorised the missile strike.' Euronews cannot independently verify the authenticity of the claims in the Azerbaijani news outlet's report. Minval's news report on Tuesday quoted the letter claiming that 'Captain Paladichuk was stationed near Grozny on duty from 24 to 25 December. At 05:40 on the day of the incident, his unit was ordered to enter full combat readiness." "Due to poor mobile reception and a lack of functional wired communication, coordination relied heavily on unstable mobile connections," the letter added. "A potential target was detected at 08:11 and tracked using radar. Two missiles were reportedly fired at the object after Paladichuk was instructed via phone to destroy it — despite heavy fog obscuring optical confirmation.' According to the letter, 'the coordinates, speeds, and directions of the target at the time of both missile launches were provided in detail in the written explanation. The first missile is said to have missed, while the second one allegedly detonated close enough for shrapnel to strike the aircraft.' Minval also claimed that it reviewed "three voice messages" believed to support the claims made in the letter. The voices reportedly confirm that operational orders were given, two missiles were fired, and shrapnel from the explosion struck the aircraft, according to the outlet. The outlet has released one audio recording purporting to depict the sequence in which a voice in Russian gives military directions, orders a missile to be fired, followed by the sound of what appears to be a firing sequence, the same voice saying 'target missed', and allegedly ordering another missile to be fired. On the day of the tragedy, Azerbaijani government sources told Euronews that a Russian surface-to-air missile was fired at Flight 8243 during drone air activity above Grozny, the flight's destination. The same sources said that the shrapnel hit the passengers and cabin crew as the missile exploded next to the aircraft mid-flight, disabling it. Related Azerbaijan Airlines crash caused by foreign object damage, official report shows Russian air defence missile incident emerges as likely cause of Azerbaijan Airlines crash The damaged aircraft was not allowed to land at any Russian airports despite the pilots' requests for an emergency landing, the same sources said, and it was ordered to fly across the Caspian Sea towards Aktau in Kazakhstan, where it crashed while attempting an emergency landing, killing 38 and injuring 29. Subsequent reports after the tragedy claimed that Flight 8243 was downed by a missile from a Russian Pantsir-S1 system. Three days after the crash, in an address to the nation, Azerbaijani President Ilham Aliyev said, "we can say with complete clarity that the plane was shot down by Russia (...) We are not saying that it was done intentionally, but it was done.' At that time, on 29 December, Aliyev stated that Baku had made three demands to Russia in connection with the crash. 'First, the Russian side must apologise to Azerbaijan. Second, it must admit its guilt. Third, punish the guilty, bring them to criminal responsibility and pay compensation to the Azerbaijani state, the injured passengers and crew members,' Aliyev outlined. Aliyev noted that the first demand was 'already fulfilled' when Russian President Vladimir Putin apologised to him on 28 December. Putin called the crash a 'tragic incident," though he stopped short of acknowledging Moscow's responsibility. The Kremlin said at the time that air defence systems were firing near Grozny, where the plane attempted to land, to deflect Ukrainian drone strikes. In the days following the tragedy, Russian military bloggers claimed that the said explosion happened over the Naursky District of Chechnya, where several Russian military units were posted at the time, including those with air defence systems, basing their conclusions on open-source data. The new claims linking the Russian military to the Azerbaijan Airlines Flight 8243 tragedy appear at a time of a fast-moving escalation of judicial measures between Russia and Azerbaijan, as relations between the two countries reach a new low.
