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2 mins read
Russia lurches towards default as the US Treasury ends a key bond payment exemption
Russia said in response that it would pay its debts in rubles and accused the US of trying to force…
Harry Robertson
2 mins read
Russia is still sliding towards a bond default in the coming weeks. It's up to the US Treasury whether it actually happens.
The Russian government narrowly avoided defaulting on its bonds this week, but its difficulties are…
Harry Robertson
2 mins read
The US may still force Russia into a bond default in the coming weeks, debt strategist says
"The Americans still have the leverage," BlueBay strategist Timothy Ash said. "They can force Russi…
Harry Robertson
3 mins read
See inside President Vladimir Putin's opulent $100 million superyacht
Russia's President Vladimir Putin spent $32 million renovating his superyacht, Graceful, while his …
Nathan Rennolds
2 mins read
US companies may be unknowingly helping Russia evade the oil price cap, Treasury warns
Russia could be funneling its crude to Asia above the price cap, thanks to the help of unknowing US…
Jennifer Sor
1 min read
Crypto exchange Kraken will pay more than $360,000 to settle allegations it violated US sanctions by serving users in Iran
The Treasury Department said Kraken processed 826 transactions valued at $1.68 million on behalf of…
Carla Mozée
1 min read
US court rejects Russian oligarch Oleg Deripaska's appeal to lift sanctions placed on him in 2018
Deripaska faces sanctions because he is alleged to have acted on behalf of a senior Russian officia…
Urooba Jamal
2 mins read
An Olympic gold medal-winning skater married to Putin's spokesman is the latest Russian sports star slapped with sanctions
Tatiana Navka, who won ice dancing gold at the 2006 Turin Winter Olympics, is the wife of Vladimir …
Barnaby Lane
2 mins read
A brutal Russian paramilitary group active in Ukraine called for border intelligence on nearby NATO states: report
A Kremlin-linked paramilitary group asked for border intel on Latvia, Lithuania and Estonia, raisin…
Mia Jankowicz
2 mins read
Russian neo-Nazi militia fighting in Ukraine advocates the murder and torture of POWs: report
"Task Force Rusich," a neo-Nazi militia, advocated for "removing body parts" of Ukrainian prisoners…
Joshua Zitser
1 min read
US gets warrant to seize a sanctioned Russian oligarch's airplane worth over $90 million and owned through 'series of shell companies'
The airplane is owned by billionaire Andrei Vladimirovich Skoch, a member of the State Duma, the lo…
Lloyd Lee
2 mins read
Top Wall Street banks return to Russian bond trading after the Treasury brings in a sanctions reprieve: report
At least six Wall Street banks are cautiously trading in Russian bonds after the Treasury temporari…
Zahra Tayeb
2 mins read
US imposes sanctions on Indian company over alleged Iran oil deal
On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…
2 mins read
A $156 million superyacht belonging to one of the richest members of Russia's parliament was just spotted in Dubai, dodging Western sanctions
The 324-foot "Madame Gu" superyacht photographed in Dubai on Thursday was designated by the US Trea…
Hannah Towey
1 min read
Sanctioned Russian oligarch invested in an off-campus apartment complex for Louisiana State University students
The Arlington Cottages were financed in part by a $44.1 million loan, which was placed on a watchli…
Lauren Frias
2 mins read
“Wolf of All Streets” crypto trader Scott Melker says his Russian mining rigs got sanctioned — and now he knows how it feels
Compass Mining cut ties with Russian crypto miner BitRiver after the US sanctioned the company and …
Hamza Fareed Malik
2 mins read
Russia avoids default at the last moment as a clearinghouse processes its dollar bond payments
The Russian government's payments started working their way to investors with just one day left unt…
Harry Robertson
2 mins read
Conservative peer quits as chairman of EN+, a Russian mining giant founded by Oleg Deripaska
Lord Barker, an energy minister under David Cameron, has come under fresh scrutiny for his role wor…
Catherine Neilan
7 mins read
Adani Ports divested by Norwegian pension fund KLP on alleged ties with Myanmar junta, says it is an 'unacceptable risk' to its investment
Adani Ports and Special Economic Zone Ltd has been excluded from investment by Norway's largest pen…
3 mins read
Russian oligarchs have been sanctioned like Osama bin Laden was, and they're using similar tactics to avoid them, an expert said
Informal hawala transactions were exploited by Al Qaeda to move money that financed the 9/11 attack…