EU economic losses from sanctions on Russia mount – diplomat
The European Union (EU) faced significant economic setbacks due to its sanctions on Russia, with losses escalating…
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sanctions
Russia-Thailand trade hits $2b by year-end
Russia and Thailand are set to conclude 2024 with a trade turnover of around $2 billion, Russian Ambassador in…
Oil prices edge lower ahead of OPEC meeting
Oil prices declined on Thursday following an unexpected rise in US gasoline inventories, with Brent crude down 0.27…
Rouble plummets over 24% since August, hits record lows
The Russian rouble continued its downward trend on Wednesday, weakening against both the US dollar and China's…
EU to propose sanctions on Chinese firms for aiding Russia
The European Union (EU) plans to sanction several Chinese firms accused of helping Russia develop attack drones…
Oil prices edge higher in early trade amid ceasefire hopes
Oil prices rose slightly in early trade on Tuesday after a sharp drop in the previous session, as investors…
UK intensifies energy sanctions, adds 30 Russian tankers to list
The UK government intensified its sanctions on Russia’s energy industry on Monday, blacklisting 30 tankers and two…
Russia’s economy grows, defies sanctions – PM
Russia's GDP grew by 4.2 per cent in the first nine months of 2024, despite ongoing sanctions, according to Prime…
Turkish banks shift Russia-related transactions to local bank
Almost all Turkish banks are withdrawing from handling transactions related to Russia and Belarus, opting to…
Russian broker successfully offloads $87m in frozen assets
The Russian broker managing an asset swap scheme to release frozen funds for investors reported on Tuesday that it…