Sunday, May 18, 2025
A Russian Foreign Ministry official said the Trump administration notified Russia’s U.S. embassy in Washington Sunday that there were no plans to impose any further sanctions soon, Bloomberg reported. The ruble flipped from being the worst performing emerging-market currency to the best in the first hour of trading in Moscow, after Washington sent...
Tensions between the White House and Washington’s ambassador to the United Nations Nikki Haley spilled into public view on Tuesday as confusion reigned over the president’s plans for further sanctions against Russia, CNN reported. Less than two days after Haley declared the U.S. would impose fresh sanctions against Russian companies...
A Russian engineer and businessman accused of embezzlement, who died in February in a prison cell in St. Petersburg while awaiting trial, was tortured and strangled, an investigation has revealed. According to the Moscow Times, the forensic investigation showed that Pshenichny, once called “Russian Elon Musk,” died from wounds, as...
Russia’s Volga-Dnepr Group will not extend a contract with its French counterpart within the SALIS (Strategic Airlift Interim Solution) program on transporting oversized cargoes for NATO countries, Kommersant reported. The company was servicing large cargos with An-124-100 Ruslan aircraft. It will stop working for western countries starting next year due...
The Eurasian Economic Union and China are on track to entering into a trade and economic cooperation agreement that will be signed next month, two high-ranking sources in the Eurasian Economic Commission told Izvestya. The two sides launched talks on the agreement, which primarily envisions easing up customs procedures and...
The Russian press is still preoccupied with Moscow’s response to Washington’s sanctions imposed earlier this month. Over 300 legislators have joined the initiative to slap countersanctions on the U.S. signing the bill initiated by State Duma (lower house of parliament) speaker Vyacheslav Volodin and leaders of all four factions...
Russian assets rallied on markets Tuesday as the U.S. held off imposing fresh sanctions, with stocks bouncing the most in a week, Reuters reported. The MOEX Russia Index advanced 1.8 percent, led by shares of lender Sberbank PJSC and mining company Norilsk Nickel, after a report that U.S. President Donald...
U.S. President Donald Trump accused China and Russia of global currency meddling in a tweet Monday -- a peculiar attack that came despite the Treasury Department naming neither as currency manipulators, CNN reported. "Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates," Trump...
Fresh sanctions imposed on several Russian enterprises by the U.S. government earlier in the month have dealt significant blow to exchange traded funds (ETFs) with exposure to Russian equities, a new report from ETF analytics platform Track Insight shows. After the U.S. Treasury announced on April 6 it is imposing new sanctions...
Syria's Prime Minister Imad Khamis, who met with a delegation from Moscow in Damascus, has promised that his country will continue to offer favorable conditions for Russian companies operating in Syria, TASS news agency reported. According to Dmitry Sablin, coordinator of the Russian State Duma group in charge of ties...