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Russian Ruble Drops 17% Amid Falling Exports, Rumored Intervention

The Russian ruble extended a recent slump Thursday, declining 17% against the U.S. dollar in 48 hours to reach its lowest level since late May. The ruble hit 64.5 against the greenback during morning trading on the Moscow Exchange as the Russian authorities apparently intervened in currency markets to stop …

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Lavrov Walks Out of G20 Talks as West Presses Moscow on Ukraine

Russia’s top diplomat stormed out of talks with G20 foreign ministers meeting in Indonesia on Friday as Western powers criticized Moscow over its invasion of Ukraine. Washington and allies condemned Russia’s assault ahead of the meeting before Foreign Minister Sergei Lavrov faced what U.S. Secretary of State Antony Blinken called …

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Putin Orders Advance to Continue After Russia Takes Ukraine’s Lysychansk

President Vladimir Putin said Monday that Russia will continue pressing forward in eastern Ukraine after Kyiv ordered its forces to retreat from the strategic city of Lysychansk and Russian officials claimed control over the entirety of Ukraine’s Luhansk region. “Military units … must carry out their tasks according to previously …

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