XM does not provide services to residents of the United States of America.

Kremlin says Google should lift its YouTube block on Russian broadcasters



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Kremlin says Google should lift its YouTube block on Russian broadcasters</title></head><body>

MOSCOW, Oct 31 (Reuters) -The Kremlin said on Thursday that Alphabet's GOOGL.O Google should lift its block on Russian TV channels broadcasting on YouTube and said it hoped huge legal claims racking up against the U.S.-based company would jolt it into action.

Google stopped serving ads to users in Russia in March 2022 and paused monetisation of content which it deemed to exploit, dismiss or condone Russia's war in Ukraine.

It has since blocked more than 1,000 YouTube channels, including state-sponsored news, and over 5.5 million videos.

Russian business newspaper RBC reported this week that legal claims brought by 17 Russian TV channels against Google in Russian courts, which have imposed compound fines on Google's turnover in Russia, had reached 2 undecillion roubles, a number with 36 zeroes.

Kremlin spokesman Dmitry Peskov said on Thursday that the huge sum, which he said he couldn't pronounce, was symbolic.

"These demands - they simply demonstrate the essence of our channels' claims against Google," Peskov told reporters. "Google should not restrict the activities of our broadcasters, and Google is doing this.

"Probably, this (the huge legal claims mounting up) should be a reason for Google's management to take notice and rectify the situation. It's the best thing the company can do."

Google did not immediately respond to a request for comment.



Reporting by Alexander Marrow in London and Dmitry Antonov in Moscow
Editing by Andrew Osborn

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.