The international isolating of Russia is leaving local businesses flailing as foreign firms head for the exits, helping to drive the economy deeper into recession. Besieged by international sanctions over Continue Reading
Global news media said they were suspending reporting in Russia to protect their journalists after a new law that threatened jail terms of up to 15 years for spreading “fake Continue Reading
Two weeks ago, Russia’s companies could sell their goods around the globe and take in investments from overseas stock-index funds. Its citizens could buy MacBooks and Toyotas at home, and Continue Reading
Some 14 wide-bodied aircraft transported a bristling array of Javelin antitank missiles, rocket launchers, guns and ammunition to an airfield near Ukraine’s border on Friday, as the United States and Continue Reading
IEA presents 10-point plan to cut Europe’s reliance on Russian gas imports. Europe only has around seven months before the start of the next winter season. IEA: fast and significant Continue Reading
Foreign companies, including energy firms, which are ditching Russia will be considered pushing their Russian subsidiaries to “deliberate bankruptcy,” which under Russian law includes criminal prosecution for top managers, Upstream Continue Reading
Most Germans support sanctions against Russia over the invasion of Ukraine, even if the measures lead to energy supply bottlenecks and increase the cost of living, according to a survey Continue Reading
European buyers are scouring the world as far as South Africa to procure coal as Russia’s invasion of Ukraine and the threat of more sanctions on Moscow have made Russian Continue Reading
Russia’s refineries have started feeling the effect of a sharp fall in export sales of oil products in the wake of the country’s invasion of Ukraine. Rosneft’s 240,000 b/d Tuapse Continue Reading
Oil Keeps Rising As Russia Invasion Upends Energy Markets Oil headed for the biggest weekly surge in almost two years after Russia’s invasion of Ukraine roiled global markets and fueled Continue Reading
