Why are Russians pulling billions from banks? Fears of Putin’s asset grab grow

Russians are pulling billions from banks as fears grow over Putin seizing private money, while capital flight adds pressure to Russia's war-hit economy. (AFP)

Russians are pulling billions of dollars out of their bank accounts as fears grow that the government could eventually take private money to help pay for Vladimir Putin’s war in Ukraine. The withdrawals come as the war appears to be putting more pressure on Russia’s economywith Ukraine stepping up attacks deep inside Russian territory. Russians … Read more

Why Putin’s first Kuril Islands visit matters as Russia-Japan ties hit new low

Why Putin’s first Kuril Islands visit matters as Russia-Japan ties hit new low

File photo: Russian President Vladimir Putin watches a military exercise from the board of the Varyag missile cruiser of the Pacific Fleet near Yuzhno-Sakhalinsk, on Sakhalin Island, Russia Russian President Vladimir Putin has visited the disputed Kuril Islands for the first time, travelling to Iturup as Moscow’s relations with Japan remain deeply strained over Russia’s … Read more

Putin’s vacation home exposed to attack, missile launch pad guarding Putin’s Palace blazing for three hours after drone strike: Report

Putin's vacation home exposed to attack, missile launch pad guarding Putin's Palace  blazing for three hours after drone strike: Report

Putin’s Palace (Credit: east2west news) The vacation home of Russian President Vladimir Putin was exposed to a drone attack after a missile launch pad that used to guard one of Putin’s lavish vacation homes was set ablaze, the Telegraph reported. The missile launch pad is around 12 miles from Putin’s Italianate palace complex near Gelendzhik, … Read more