TOP NEWS

Putin's Russia
Russia's deputy defense minister arrested - accused of bribery

Timur Ivanov, one of Russia's deputy defense ministers, has been arrested on suspicion of serious bribery, according to Russian authorities, according to AFP. The crime can lead to up to 15 years in prison.

Journalist Farida Rustamova tells independent Meduza that Ivanov is one of the highest-ranking people arrested since the Russian invasion of Ukraine began.

- He is notoriously part of the richest elite in his field.

According to Reuters, Defense Minister Sergej Sjogu was informed of the charges against Ivanov before the arrest. Kremlin spokesman Dmitry Peskov says, according to Reuters, that Putin has also been informed.

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The Russian InvasionThe Battles
Analysis: Russia under time pressure – wants to secure gains before support arrives

The Russian military likely feels pressure to make progress on the battlefield before new Western aid reaches Ukraine. It writes the US-based think tank Institute for the Study of War (ISW) in an analysis.

"They try to secure offensive gains before the window closes," writes ISW.

In the last ten days, Russian forces have advanced five kilometers in eastern Ukraine and taken control of areas around the already captured town of Avdijivka.

Ukrainian forces that have withdrawn from the area have instead attempted to establish a new defense line along the Durna River in Donetsk, writes The Guardian. But even there, Russian forces have put an end to the plans.

Russia's next objective is likely to be to take control of the strategically important city of Pokrovsk, which the Ukrainians are using as a regrouping point. At the same time, a Russian offensive is underway to capture the town of Tjasiv Jar further north.

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Tesla's future
Warns about Tesla: "Biggest bubble in modern times"

The biggest bubble in modern times. This is how hedge fund manager Per Lekander describes the Tesla share in an interview with Affärsvärlden, where he lists arguments why the share's days are numbered. The valuation, outdated models, increased competition and capital mismanagement are some arguments for the share going down the cellar, says Lekander, who has been short in Tesla for the past four years.

- Actually, it is not even enough that it dives 90 percent from current levels, he tells the newspaper.

Tesla is up 3 percent ahead of the report, which comes only after the stock market closes.Timur Ivanov, en av Rysslands vice försvarsministrar, har gripits misstänkt för grovt mutbrott uppger ryska myndigheter, enligt AFP. Brottet kan leda till upp till 15 års fängelse.