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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on May 20, 2025

    Featured image for article about Headlines

    (Reuters) -Russia's Investigative Committee said on Tuesday that it had launched criminal proceedings against a prominent journalist who heads a publication in neighbouring Latvia providing critical coverage of the three-year-old conflict in Ukraine.

    The Moscow branch of the committee, which deals with major criminal cases in Russia, said it had opened the case against Russian-born Galina Timchenko, co-founder and head of the Meduza publication.

    It said the case was based on organising the activities of an "undesirable organisation" and posting videos "to foment protest sentiment and to involve the public in the activities" of such an organisation.

    Institutions deemed "undesirable" on grounds that they threaten Russia's constitutional order, can be subject to fines or orders to dissolve.

    Meduza, which reports in detail on Moscow's full-scale invasion of its neighbour, said in an announcement posted online that Timchenko faced six years in prison if convicted.

    Timchenko, who had previously headed up prominent publications inside Russia, was last year declared a "foreign agent", a designation which carries negative Soviet-era connotations and imposes difficult bureaucratic requirements.

    Hundreds of Russian nationals have had the designation imposed on them.

    Since Russia sent tens of thousands of troops into Ukraine in February 2022, parliament has approved legislation cracking down on dissent in the country, including fines and prison terms for discrediting or spreading false information on the army.

    (Reporting by Reuters; Editing by Sandra Maler)

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