Donald Trump has escalated his trade offensive by imposing 50% tariffs on most U.S. imports from India, punishing the world’s fifth-largest economy for continuing to buy discounted Russian oil.
The cessation of Russian gas has compelled nearly all industries in Transnistria to shut down.
The halt of Russian gas supplies to Moldova’s separatist region of Transnistria has necessitated the shutdown of nearly all industrial operations, with the exception of food production facilities.
Russian gas deliveries to Europe via Ukraine have halted
Ukraine has terminated the gas transit route following the expiration of a 2019 agreement in the early hours of New Year’s Day. This development marks a significant step in Europe’s
The US announces that new tariffs on Chinese imports will take effect in August.
US officials announced that significant tariff hikes on various Chinese imports, including electric vehicles (EVs), computer chips, and medical products, will commence on August 1.
US has hiked tariffs on key Chinese imports
President Joe Biden has raised tariffs on crucial Chinese imports, such as electric vehicles, microchips, and steel.
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.
President Vladimir Putin Says Belarus Got First Russian Nuclear Weapons
President Vladimir Putin announced that Russia has made its initial delivery of tactical nuclear weapons to Belarus. This delivery comes three months after unveiling the plan, which is causing escalating
Russia energy war cost taxpayers £2,500 a second
The energy conflict instigated by Vladimir Putin, following his incursion into Ukraine, resulted in a staggering expense of £2,500 per second for taxpayers as the government endeavoured to mitigate the
China intensifies backing for Putin amid escalating Western sanctions.
Trade between China and Russia surged to a level unseen since the start of Vladimir Putin’s war in Ukraine, according to official figures, as Beijing increases its aid to its
Zelenskiy asserts Ukraine is prepared to initiate a counterattack.
President Volodymyr Zelenskiy announced in an interview that surfaced on Saturday, Ukraine’s readiness to initiate their long-anticipated counteroffensive to reclaim the territories under Russian control.
Russia’s oil export revenue sank by 42% in February as sanctions bit
Western nations implemented far-reaching sanctions against Russian crude oil and oil products as a measure to reduce Russia’s oil revenues.
In a year marked by sanctions, Russia accumulated an offshore cash reserve of $80 billion
Amid the ongoing sanctions and amid the US and its allies’ efforts to tighten them over the invasion of Ukraine, Russia has managed to stash roughly one-third of its $227