Despite Western sanctions, Russia seems to have won the energy market. But some say Moscow will soon run out of cash. Russia’s economy was predicted to collapse after Western countries imposed unprecedented sanctions on Moscow over...
Researchers at Yale University say the Russian economy is suffering massive damage due to Western sanctions, despite Moscow downplaying the effect. Sanctions on Russia are taking a heavy toll on the economy, despite Moscow’s assertion that the...
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass payment bottleneck created by Western sanctions. Turkey wants to boost...
Germany has been tied to Russia through energy for decades. But as the EU moves to end its dependency on Russian energy, opposition from the continent’s biggest economy is fading into irrelevance. A few days...
Since a wave of financial sanctions hit Russia over its Ukraine invasion, questions have been raised over whether cryptocurrencies could provide an escape route. But leading exchanges said they will comply with the law. With...
The Trump administration is reimposing the first tranche of sanctions on Iran, isolating Washington as much as Tehran. A second round of US sanctions in November will target Iran’s energy sector. The first round of...
The EU has drafted business safeguards to salvage the Iran nuclear deal, including prohibiting firms from complying with US sanctions and sending money to Iran’s central bank. Experts doubt such efforts will be enough. The...
Russia’s economy is the world’s eleventh-largest. Following a period of recession, it managed to return to growth last year despite Western sanctions widening. But can the country continue on the road of recovery? Russian President...
