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Putin issues warning about US banking system

Negative trends are mounting in the American financial sector, according to the Russian president

The increase in Russian banking sector's sovereignty and independence has been quite timely, given the negative trends that are growing globally, specifically in the US banking system, Russian President Vladimir Putin has stated.

Putin was meeting with Andrey Kostin, the CEO of Russia’s second-largest bank, VTB, who assured the president that the country’s banking sector was secure.

“Regarding anti-Russia sanctions, we have probably become somewhat immune because of them, and we have enhanced our sovereignty in this field,” Kostin told the Russian leader in the Kremlin on Tuesday......more below

https://www.rt.com/business/579558-putin-us-banking-system-warning/

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US senators seek ban on Nvidia's advanced chips to China, experts warn 'shortsighted' move further erodes Nvidia's back into Chinese market

Nvidia would be barred from shipping advanced artificial intelligence chips to China under bipartisan legislation unveiled Thursday, Bloomberg reported. A Chinese expert said the move is shortsighted, noting that tightening restrictions despite domestic industry opposition will only accelerate China’s tech innovation and further diminish Nvidia’s chances of reentering the Chinese market.

Known as the Secure and Feasible Exports Act, the bill would order the US Commerce Department to halt export licenses for sales of chips to adversaries, including China and Russia for at least 30 months. Any processors more powerful than those already approved for export to those nations would be subject to the measure, the Bloomberg report said.

The legislation comes as the White House weighs whether to allow Nvidia to export the....more below

https://www.globaltimes.cn/page/202512/1349813.shtml

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French nuclear giant accused of ‘mass crimes’ (in Niger Africa)

Niger has threatened legal action against Orano after allegedly finding 400 barrels of harmful radioactive core materials near a uranium site

Niger’s military government has accused French state nuclear group Orano of “radioactive pollution” and “predatory behavior” after officials said they found hundreds of barrels of radioactive waste abandoned near a former uranium site in the north of the country.

The Mining Ministry said inspectors discovered about 400 barrels of dangerously high levels of radioactive core materials at Madaouela, close to the uranium hub of Arlit, where Orano used to operate. Local measurements reportedly peaked at 10 microsieverts per hour, compared with a normal level of 0.5. Authorities also said tests found harmful substances capable of causing respiratory disorders.

Niger’s justice minister, Alio Daouda, told reporters on Tuesday that the company will face legal proceedings for “mass crimes,” including harm to the environment, public health,...

Ukraine cries ‘betrayal’ as diving champion takes Russian citizenship

Sofia Lyskun cited political pressure to cut ties with Russia as among the reasons for her decision

European diving champion Sofia Lyskun has renounced her Ukrainian citizenship and obtained a Russian passport, citing political pressure in Ukraine to cut ties with Russia. The head of Ukraine’s National Olympic Committee, Vadim Guttsait, called her decision a “betrayal.”

A four-time European champion and two-time Olympian, Lyskun claimed she was repeatedly reprimanded for staying in touch with her first coach, who had relocated to Moscow after the Ukraine conflict escalated in 2022. She said staff at training camps told her that “no one else was in contact with Russians,” and she could not understand why such remarks were directed at her.

The 23-year-old Lugansk native argued that Ukrainian sport portrayed itself as “outside politics,” yet athletes “were the first to feel the pressure.”....more below

https://www.rt.com/russia/628964-ukrainian-diver-russian-passport/

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