Russia posts record current account surplus of $227 bln in 2022
Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil and...
sanctions
Russia sends more Arctic oil to China, India after sanctions
Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut...
Russia’s Yandex co-founder Volozh pens farewell message to staff
The co-founder of Russian internet giant Yandex (YNDX.O), Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring...
Rouble sinks to 8-month low vs dollar as sanctions fears weigh
The Russian rouble slumped to an eight-month low against the dollar on Thursday, struggling under the weight of expectations that sanctions on Russian oil and...
UK sanctions Russian and Iranian officials, citing human rights abuses
Britain on Friday announced sanctions against 30 people worldwide, including Russian and Iranian officials, targeting those it deems responsible for acts of torture, sexual violence,...
The rocky history of sanctions as a weapon of war
By Louisa Borg Haviara For centuries, economic sanctions have been used as a weapon of war and included trade bans, closures of ports against enemies,...
Cyprus working to protect shipping from EU sanctions on Russia
The EU needs to ensure that its Russia sanctions do not negatively impact the bloc or individual member states, especially when it comes to the...
Gazprom head says ‘sanctions confusion’ means Siemens cannot service Nord Stream 1 -Interfax
Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry out regular maintenance on equipment for the Nord Stream 1...
Superyacht linked to sanctioned Russian oligarch is auctioned in Gibraltar
A $75-million superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be...
