You Searched For "western sanctions" and got 20 results
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3 mins read
One of Rusisa's biggest automakers said it's struggling under Western sanctions after frontline complaints that its vehicles are falling apart
A former top official complained of constant leaks, a gearshift lever falling off, unusually low mi…
Matthew Loh
1 min read
Russia sees 'decades' of Western economic sanctions ahead, official says
Russia sees "decades" of Western sanctions ahead, a foreign ministry official said. The country is …
Kelly Cloonan
1 min read
Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in A…
Jennifer Sor
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
2 mins read
Putin wants to retaliate against Western sanctions with commodity export curbs — but Russia needs the money, too
Putin recognizes the risks in export curbs, which he said could "harm us."
Huileng Tan
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
2 mins read
Russia thanks Western sanctions for helping it avoid the CrowdStrike IT outage
An IT outage linked to CrowdStrike disrupted flights, banks, and media outlets across the globe. Ru…
Cameron Manley
3 mins read
A Russian warlord's new Cybertruck shows how Western sanctions are full of holes
Tesla doesn't ship Cybertrucks to Russia, but that doesn't seem to have stopped Chechen leader Ramz…
Hannah Abraham
1 min read
Russian banks are grappling with liquidity issues as US sanctions choke supply of yuan
Yuan availiability is shriveling up in Russia as US sanctions have pushed Chinese lenders away from…
Filip De Mott
2 mins read
Russia has expanded its shadow fleet that it uses to evade oil sanctions, think tank says
Russia added 74 ships to its secretive fleet of shadow tankers, according to a new report from a Uk…
Jennifer Sor
1 min read
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
2 mins read
Russian FX trading is almost entirely in yuan as sanctions restrict dollar use
The Chinese yuan takeover comes after sanctions halted trading in the dollar and euro.
Filip De Mott
2 mins read
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…
Huileng Tan
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
2 mins read
Russia could merge state-run oil companies to make the world's 2nd largest producer, report says
A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…
Kelly Cloonan
2 mins read
Ukraine keeps finding Western parts in Russia's weapons, this time in the wreckage of its new heavy Hunter drone
Ukraine's military intelligence agency said it found Western-made parts in the wreckage of Russia's…
Jake Epstein
2 mins read
3 reasons why surging gold prices will climb another 8% by the end of 2025, Goldman says
Goldman Sachs says the price of gold will reach a record of $3,000 an ounce by the end of next year.
Filip De Mott
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
1 min read
Moscow will reportedly block sales of Western banks to Russian firms, leaving them with no exit
Western banks still operating in Russia are facing and increasingly difficult path to an exit.
Filip De Mott
2 mins read
Ukraine says it cracked open a Russian decoy drone used to fool air defenses and found Western parts inside
Russia uses unarmed decoy drones to try to distract Ukrainian air defenses, Kyiv's military intelli…