Category: Russia

Can This Russian Bakery Survive a 3,500% Tax Increase?

The New York Times – Business:
The challenges faced by a small-business owner near Moscow highlight how Russia’s war-drained economy is on the doorstep of a major crisis.
Trump Draws Bipartisan Backlash for Easing Oil Sanctions on Russia and Iran

The New York Times – Business:
Republicans and Democrats alike have criticized the Trump administration’s moves, taken to stabilize oil markets rocked by the war with Iran, warning that it is benefiting two U.S. adversaries.
Cheap Drones Remain Wild Card in Iran war

The New York Times – Business:
Stopping Iran’s production of drones is critical to opening the Strait of Hormuz and halting its attacks on Gulf nations. But can it be done?
Russian Oil Shipment Puts Focus on Kremlin Spy Outpost in Cuba

The New York Times – Business:
Moscow may be challenging President Trump’s effort to choke Cuba’s economy. China also has suspected listening posts on the island.
How the Iran War Narrowed Flight Corridors Between Europe and Asia

The New York Times – Business:
One of the few paths left between the two continents threads through Azerbaijan, Georgia and Turkey, as global conflicts complicate aviation logistics.
As War With Iran Hurts Oil Prices, U.S. Turns to Iranian Boats for Help

The New York Times – Business:
Iranian-linked ships carrying Russian oil were among those that received temporary exemptions from sanctions, a sign of how dire the energy crisis is becoming.
U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz

The New York Times – Business:
Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.
Surging Energy Costs Put German Industry ‘Really in Danger’

The New York Times – Business:
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
For India, Buying Russian Oil Just Got More Complicated

The New York Times – Business:
India’s prime minister acceded to many of President Trump’s demands under pressure of heavy tariffs. It would be awkward to reject them now.
India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower Tariffs

The New York Times – Business:
Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation’s farmers.
Lukoil Gas Station Franchisees Caught in a Fight Between US and Russia

After the United States imposed sanctions on Russia’s two biggest oil producers, the ripple effects wreaked havoc on business for local franchisees.
Russian Filmmakers and Other Artists Face Boycotts Over Ukraine

A Russian moviemaker with Ukrainian roots and relatives in Kyiv denounced the war. The Glasgow Film Festival dropped his film anyway.