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'Everything on table,' says Canadian foreign minister when asked about sanctions on India

Tensions between India and Canada escalated after Canadian Prime Minister Justin Trudeau on Monday …

PTI   


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3 mins read

TSMC chips reportedly ended up at Huawei. It raises concerns about 'shadow networks' bypassing US sanctions.

TSMC and other chipmakers are barred from doing business with Huawei without exemptions from the US…

Huileng Tan,Beatrice Nolan   


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1 min read

A Russian company is bartering chickpeas for Pakistani rice as sanctions stop payments

A Russian company will reportedly barter with Pakistan as the Kremlin struggles to make payments ac…

Kelly Cloonan   


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Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor

He also highlighted one particularly concerning practice that involves the invasion of customers' p…

ANI   


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Sanctions have put the production of Russia's most advanced stealth fighter in jeopardy, research group says

Sanctions have impacted Russia's production of its Su-57 fighter jets, according to a research grou…

Thibault Spirlet   


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Russia has lost another banking partner as more lenders turn their back on Moscow over fear of sanctions

Oversea–Chinese Banking Corp reportedly told customers it would no longer process Russian transacti…

Jennifer Sor   


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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   


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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   


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3 mins read

Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says

Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…

Jennifer Sor   


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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   


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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   


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Huileng Tan   


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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   


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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   


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The US has announced new sanctions targeting Russia's war machine — and says more are coming

The US Treasury and State Department issued 400 sanctions on individuals and entities still support…

Filip De Mott   


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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   


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Russia is reportedly receiving shipments of dollars and euros despite sanctions and efforts de-dollarize

Russia has received $2.3 billion worth of dollar and euro bills despite sanctions since March 2022,…

Jennifer Sor   


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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   


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Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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Some Chinese banks are so fearful of sanctions that they're returning payments for goods that have reached Russia, report says

The US Treasury and State Department recently announced fresh restrictions against 400 people and e…

Huileng Tan