Forecasts indicate the Russian economy is set to surpass previous expectations and experience growth this year, as the increase in oil prices counteracts the effects of Western sanctions.
Russia Bans Diesel Exports To Squeeze Oil Market
Russia has banned the export of petrol and diesel as crude oil prices climb towards $100 per barrel. This is a major escalation, which will cause concern that Moscow is
Russia attempts to stabilize the rouble amidst Western sanctions’ impact
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.
Russia offers free grain to African nations
Only days after jeopardizing worldwide food supplies by withdrawing Russia from the Black Sea grain pact, Vladimir Putin has pledged to provide grain at no cost to six African nations.
Russia government seizes control of Danone and Carlsberg’s shares
The Russian government has assumed control of assets held by French dairy producer Danone and Danish brewing company Carlsberg, in a move initiated by Vladimir Putin to fund his unlawful
Mystery leaks hit both Russian undersea gas lines, raising European suspicions
On Tuesday, European countries raced to investigate mysterious leaks in Russian gas pipelines that run under the Baltic Sea between Sweden and Denmark.
Germany RWE wins the tender to build Denmark’s biggest offshore wind farm
RWE, Germany, won on Wednesday a tender to construct Denmark’s largest wind farm, according to The Danish Energy Agency. It will also be the first offshore wind farm constructed with