Vladimir Putin rarely lends his name to the opening of a regional bank branch, yet in September he appeared virtually at the launch of a new A7 payments network office
Russian banking system branded a “time bomb” as bad loans surge
Russia’s financial system is facing a looming crisis, with its banking sector described as a “time bomb” amid tightening sanctions and soaring interest rates, according to reports from The Moscow
Oil Prices Slide as Markets Eye Potential Trump-Putin Talks and New Tariffs
Oil prices are on course for their steepest weekly decline since June, as investors react to the prospect of possible talks between Donald Trump and Vladimir Putin, alongside growing concerns
Trump Plans Drastic “Shock and Awe” Sanctions on Russian Exports
Donald Trump is preparing to launch sweeping “shock and awe” sanctions targeting Russian exports, according to a senior Republican lawmaker.
Oil price drop bellow $60 renders Russian price cap ‘irrelevant’
The Kremlin can now largely disregard the G7’s price cap on Russian oil exports, as the global benchmark price has fallen below $60 a barrel.
The Kremlin is desperately hoping that Trump’s return will bring an end to the war.
Russia’s sudden eagerness to engage with U.S. President Donald Trump’s efforts to end the war in Ukraine comes as no surprise. The Kremlin is desperate for the conflict to conclude,
Volodymyr Zelensky offers to resign as president in a bid to secure peace.
Volodymyr Zelensky has declared that he is prepared to “immediately” resign as president of Ukraine if it leads to peace or the country’s admission into NATO.
Russia and the U.S. agree to hold a second summit on Ukraine.
Russian and U.S. officials are set to meet for a second round of talks aimed at finding a resolution to the war in Ukraine.
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
Oil is forecast to fall to as low as $60 per barrel in 2025 “drill, baby, drill”
Drivers can expect relief at the pump in the coming year as economists forecast that Donald Trump’s initiatives to boost US oil production will drive down prices.
Putin Halts Arctic Gas Production as Sanctions Take Effect
Russia has been compelled to halt operations at a section of the world’s largest liquefied natural gas (LNG) facility near the Arctic city of Murmansk due to diminished demand caused