There was much mirth in the West this week when Vladimir Putin’s Victory Day parade through Red Square included just one tank, itself a relic from a museum. The inference was that Russia has lost […]
Leaders of the Group of Seven (G7) countries have pledged to tighten sanctions aimed at punishing Russia for its invasion of Ukraine, intensifying what is already one of the harshest sanctions efforts ever implemented. The […]
Tehran, Iran – Iran and the United States have again found themselves on opposite sides as they provided contradictory accounts of events that led to Tehran’s seizure of an oil tanker in the Gulf of […]
Uttam Kumar Karmaker, additional secretary of the Ministry of Finance’s Economic Relations Division, told Nikkei Asia: “Because of the sanctions against Russian banks, we couldn’t process payments in US dollars. Russia asked us to settle the payments […]
EconomyRussia-Ukraine war The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Japan’s Kyodo News has reported, citing Japanese government sources. Bloomberg News on Thursday also reported that the United […]
WASHINGTON – Economic sanctions imposed on Russia and other countries by the United States put the dollar’s dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen said on Sunday. “There […]
Russia’s oil exports surged in March to their highest level since April 2020 as product flows returned to levels last seen before Russia invaded Ukraine, according to the International Energy Agency (IEA). Total oil shipments […]
The West’s sweeping sanctions on Russia following its invasion of Ukraine are shaping up to be the West’s most monumental miscalculation in modern history. The sanctions have not brought the Russian economy to its knees, […]
Two weeks ago, in the aftermath of the surprise Saudi/OPEC production cut which took out well over 1 million barrels in supply from the market and sent the price of oil sharply higher, we warned that with […]
The EU is debating sanctioning Russia’s nuclear sector, with the EU parliament passing a resolution by 489 votes to 36 urging European Union leaders to include sanctions on Russia’s nuclear industry. Nuclear energy produces roughly […]
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