Russian President Vladimir Putin and North Korean leader Kim Jong Un held their first summit in four years, which the US said could focus on arms deals to help the Kremlin’s invasion of Ukraine.
(Bloomberg) — Russian President Vladimir Putin and North Korean leader Kim Jong Un held their first summit in four years, which the US said could focus on arms deals to help the Kremlin’s invasion of Ukraine.
As the two men prepared to meet at a space center in Russia’s Amur region, attacks continued with Russian authorities saying at least 24 people had been wounded and two vessels under repair damaged in a Ukrainian strike on a shipyard in annexed Crimea. The governor of Ukraine’s Odesa region said the port of Izmail had been targeted in a series of Russian drone assaults.
In the European Union, Russian billionaire Victor Rashnikov, who made his fortune as the owner of Magnitogorsk Iron & Steel PJSC, lost a court fight against his inclusion on the bloc’s sanctions list. Dozens of wealthy Russian business bosses and family members have taken to Luxembourg-based courts in a bid to break free from penalties imposed after the invasion of Ukraine.
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Markets
Russian oil-export revenues rose to a 10-month high in August, according to the International Energy Agency. The nation received $17.1 billion last month from overseas supplies of crude oil and petroleum products, $1.8 billion more than in July, the agency said in a monthly report.
Coming Up
- Russian and Chinese foreign ministers plan to hold talks on Sept. 18 in Moscow, according to Tass
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