Category: Russia

U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap

The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.
Russia’s Economy Is Increasingly Structured Around Its War in Ukraine

The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.
Diesel Prices Could Keep Inflation High

The cost of the fuel has been rising in recent weeks and could spike this winter because of supply problems, analysts warn.
Transactions Between Bernard Arnault and Russian Businessman Face Scrutiny

French prosecutors are looking at a 2018 real estate deal between the head of the LVMH luxury empire and Nikolai Sarkisov, a Russian insurance magnate.
Slowing, Graying and in Debt, Can China’s Industrial Heartland Be Revived?

China, facing an economic slump, wants to make its industrial northeast more productive, turning to policies that some economists say have outlived their time.
$100 Oil? What a Price Spike Could Mean for the Global Economy

Analysts see Brent crude climbing to levels last seen in the first months of the Ukraine war after Saudi Arabia and Russia extended production cuts.
Oil Prices Jump on Extension of Production Cuts by Saudi Arabia and Russia

The move reflected renewed efforts by the two major exporters to bolster the price of crude.
South African Inquiry Rebuts U.S. Charge on Russian Arms

A government investigation about a Russian ship contradicts U.S. accusations that South Africa provided arms to fight Ukraine, President Cyril Ramaphosa said. But a government report won’t be released, he added.
A Merchant Ship’s Perilous Black Sea Passage in Ukraine

Ukraine’s Danube River ports have become key arteries for grain exports. But threats from Russia and costly delays have made some shippers rethink their operations in the Black Sea.
How More Sanctions on Russian Diamonds Could Affect the Global Market

The Group of 7 and the European Union are expected to issue new rules in an effort to slow the flow of revenue into the Kremlin’s war chest.
BRICS May Add More Countries to the Group. Here’s What to Know.

Saudi Arabia, Argentina, Indonesia and Egypt are among the potential candidates to expand the five-nation bloc, many of them seeking stronger ties with non-Western powers. Iran is also interested.
Intelligence Agencies Warn Foreign Spies Are Targeting U.S. Space Companies

U.S. officials say Chinese and Russian spy agencies are trying to steal technology from private American space companies and preparing cyberattacks that could disable satellites in a conflict.