World Chess Championship

Russia has labeled Garry Kasparov, the renowned opposition figure and former world chess champion, as a terrorist, according to the financial regulator "Rosfinmonitoring." Kasparov, previously designated as a "foreign agent," has been added to the list of individuals and organizations suspected of involvement in extremist activities or terrorism.

Norwegian chess superstar Magnus Carlsen on Wednesday cemented his reputation as the game's greatest player after demolishing US hopeful Fabiano Caruana in a winner-take-all world championship decider.

Renowned Bulgarian chess player Veselin Topalov has slumped below the world's best 20 players for the first time for more than 16 years.

Global federation FIDE's fresh ranking indicates he is now positioned on the 21st spot, five spots below the previous place which he gained in April.

Veselin Topalov, the Bulgarian chess grandmaster, has moved eight spots down in the standard international ranking, showing his worst results since 2000.

As of April 2016, he is No 16 in the World Chess Federation (FIDE)'s Standard ratings.

The head of the World Chess Federation (FIDE), Kirsan Ilyumzhinov, has temporarily transferred most of his powers to his deputy after being added to a U.S. sanctions list for alleged ties to the Syrian regime, the organization said on Dec. 6.

Bulgaria's chess grandmaster Veselin Topalov started his participation at the Norway Chess Supertournament , which is taking place in Stavanger between June 15 and 26, with a victory.

Topalov, who played with the black pieces, defeated on Tuesday Norwegian chess grandmaster and reigning world chess champion Magnus Carlsen on time.

Norwegian prodigy Magnus Carlsen retained his title as World Chess Champion on Nov. 24, defeating rival Viswanathan Anand for the second year in a row.

The 23-year-old world number one beat India's Anand, title-holder of the championship from 2007 to 2013 when he was dethroned by Carlsen, in two of 11 games of the competition, with the others ending in draws.