VENTURE CAPITAL POST

IMF urges $42 billion aid for Ukraine amid Russia-Ukraine conflict, calling it a barrier to growth; G7 proposes using seized Russian assets.

A missing billionaire, who was declared dead in 2021, is suspected to be alive and living with his mistress in Russia.

Superyacht sales plunged in 2023 due to long wait times, rising costs, and the withdrawal of Russian oligarchs amid sanctions, but American buyers are stepping in.

Despite international sanctions over its war in Ukraine, the International Monetary Fund (IMF) has forecasted that the economy of Russia will grow quicker than all of the advanced economies in the world, including the United States, in 2024.

US intelligence has revealed a significant surge in China's equipment sales to Russia amid its ongoing war with Ukraine.

A devastating series of Russia's overnight strikes has left the Trypilska thermal power plant in ruins, dealing a severe blow to Ukraine.

Russia and China have announced plans to deepen their security cooperation in Asia and Europe to counter the US' attempts to exert dominance on these regions.

Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.

Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries.

Russian nuclear power corporation Rosatom accused Ukraine of attacking the Zaporizhzhia plant.

Zelenskyy's statement comes as Republicans in Congress have blocked tens of billions of dollars in military assistance for Kyiv for months.

Ukrainians can now start filing claims for damage to their homes as a result of Russia's invasion at a newly established register that opened Tuesday.

The Biryuch Innovation Center in Russia has commenced trials for the Hi-Fly unmanned Taxi in Kenya in collaboration with local partners, aiming to revolutionize air transportation with its electric vertical takeoff and landing (eVTOL) aircraft.

Economists warned that Russia's economic strength could likely wane this year, with Russian President Vladimir Putin likely to lose support if Western sanctions make life more difficult for Russians.

The US and UK are investigating cryptocurrency transactions exceeding $20 billion routed through a Russian-based virtual exchange, part of their strategy to combat sanctions evasion linked to Vladimir Putin's actions in Ukraine.