EU Eyes Sanctions on Russian Ruble-Backed Stablecoin A7A5
The European Union is weighing a fresh round of sanctions targeting A7A5, a ruble-backed stablecoin that has rapidly…
Analysis-Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion
By Enes Tunagur LONDON (Reuters) -Fuel oil used in ships and power plants is seeing unexpected demand, with…
Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions
MOSCOW (Reuters) – Old-fashioned barter is on the rise in Russia’s foreign trade for the first time since…
Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession
The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession,…
Russia’s Arctic LNG 2 Project Continues Amid Sanctions, Shipments Dock in China
A Russian vessel carrying liquefied natural gas from the Arctic LNG 2 project, under international sanctions, has…
Oil prices edge down on expected minimal sanctions impact
By Anna Hirtenstein LONDON (Reuters) -Oil prices dipped slightly on Monday, with the latest European sanctions on Russian…
Russian central bank to increase forex sales to US$113.53 million a day from July 1
The Russian central bank said on Thursday it will increase its foreign currency sales to 8.94 billion roubles…
As Trump mulls sanctions, Russia’s military economy slows
Russia’s Central Bank predicts growth of no more than 1-2 percent this year (Alexander NEMENOV) After three years…
Syria and Saudi Arabia agree to boost economic cooperation after Western sanctions eased
DAMASCUS, Syria (AP) — Syria and Saudi Arabia said Saturday they aim to boost economic cooperation to for…
Russia economy in meltdown as its top companies are forced to slash exports | World | News
A Russian Railways document seen by Reuters reveals the country’s major exporters – including the aluminium giant Rusal…
Russian economy in worse shape than Moscow says, report for EU shows
By Jan Strupczewski BRUSSELS (Reuters) -The Russian economy is in an increasingly precarious state as a result of…
Explainer-Key points about Russia’s ‘shadow fleet’ of oil tankers
By Jesus Calero, Agnieszka Olenska and Anne Kauranen (Reuters) – Western sanctions imposed on Russia for invading Ukraine…