Russia's central bank has $8 billion frozen in Switzerland, which is still deciding what to do with the funds

Tech Insider
Switzerland Swiss Flag

AP

The 'implosion of Russia as a great power' has opened the door for China to capitalize on Moscow's weakening economy

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Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023.
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping at the Kremlin on March 21.

Sputnik/Sergei Karpukhin/Pool via Reuters

Photos show how Putin massively scaled back his Victory Day celebrations compared to the ostentatious military displays of previous years

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A composite image shows tanks at the 2020 Victory Day parade in Moscow compared to a military vehicle at the 2023 parade.
A composite image shows tanks at the 2020 Victory Day parade in Moscow, compared to the 2023 parade.

AP Photo/Alexander Zemlianichenko; Contributor/Getty Images

Bitcoin could rally 40% by the end of the year, according to a top blockchain founder

Tech Insider

Welcome to the weekend. Phil Rosen here, writing to you from Manhattan. 

I'm somewhat of a skeptic when it comes to digital assets, but so far this year bitcoin's been the top performing asset by a landslide — it's up more than 73%.

I caught up with a blockchain executive to get the scoop on why that rally could see more upside as the economy slows down. 

Russia's economy is suffering from industrial decline as satellites detect less pollution in the air

Tech Insider : Economy
Russia's main tank factory
Russia's main tank factory in October 2022.

SPUTNIK/AFP via Getty Images

Russia is using the supposed Kremlin drone strike as an excuse to scale back its Victory Day celebrations and hide its military losses, experts say

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A composite image shows Soviet tanks T-34 roll in Red Square during the Victory Day military parade in Moscow, Russia on May 9, 2021, and a destroyed Russian in Kharkiv region, Ukraine, in January 2023.
A composite image shows Soviet T-34 tanks in Red Square during the Victory Day parade in Moscow, Russia on May 9, 2021, and a destroyed Russian tank in Kharkiv region, Ukraine, in January 2023.

AP Photo/Alexander Zemlianichenko; AP

Russia and India reportedly halt talks over using rupees for trade, with Moscow preferring to be paid in Chinese yuan

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A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.

Dhiraj Singh/Bloomberg

Russia may be cheating on its own pledge to slash oil production

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Putin crude oil
Vladimir Putin

Reuters/RIA Novosti

Russian gold is now flooding the UAE, Turkey and Hong Kong after facing sanctions in the West

Tech Insider
putin gold
Vladimir Putin.

REUTERS/Alexsey Druginyn

Russia can use its sovereign wealth fund to help pay for its war on Ukraine despite sanctions, report says

Tech Insider : Business
russian soldiers military
Soldiers conduct military exercises in Moscow, Russia, on September 1, 2022.

Russian Defense Ministry/Handout/Anadolu Agency via Getty Images

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