Sunday, May 18, 2025
The lower house of the Russian Parliament has drafted legislation in response to new U.S. sanctions, Vedomosti reported. The law proposes banning imports of a raft of U.S. goods and services to Russia and restricting economic ties. Lawmakers will discuss the draft law next week. It proposes restricting imports of U.S.-made...
A luxury yacht worth more than half a billion dollars, that was once the prized possession of Chelsea owner Roman Abramovich, has been impounded in the United Arab Emirates in one of the world’s costliest divorce battles, Reuters reported. The nine-deck $540 million vessel, called the Luna, has been seized in...
President Donald Trump's nominee for secretary of state, CIA Director Mike Pompeo, says he wants to "reset" the "deterrence relationship" with Russia, signaling a harder approach toward Moscow, ABC News reports. Speaking on Thursday during his Senate confirmation hearing, he also revealed that he had been interviewed by the U.S....
Egypt sent its first civilian flight to Moscow on Thursday following a suspension of some two and a half years, EgyptAir, Egypt’s flagship national carrier, has announced. According to AP, EgyptAir said in a statement its operations to Moscow had officially resumed with three flights per week -- on Sunday,...
South Florida congressman wants to hear what a federal agency knows about reports a Pompano Beach arms maker may have violated U.S. sanctions through a relationship with the Russian gun manufacturer Kalashnikov Concern. According to Bloomberg, in a letter dated Wednesday, U.S. Rep. Ted Deutch cited recent published reports that...
The current Russian market downturn caused by U.S. sanctions is not expected to worsen the country’s economic situation, experts interviewed by Vedomosti said. The United States Treasury Department’s sanctions against Russian businessmen, companies and officials sparked the collapse of the Russian stock market and the ruble. This is not the first...
Russia’s lower house, the State Duma, is expected to confirm the new prime minister on May 8, the day after President Vladimir Putin’s inauguration, Kommersant reported citing sources. This was the case in 2008 when Putin was appointed prime minister and in 2012 when Dmitry Medvedev shifted gears. Judging...
The ruble recovered on Thursday after a three-day sell-off caused by new U.S. sanctions imposed against Russia last Friday, Reuters reported. However, investor appetite for broader emerging equities was curbed by rising tensions between Moscow and Washington. U.S. President Donald Trump warned Russia of imminent military action in Syria...
Teams and fans traveling to Russia for the soccer World Cup this summer face potential travel headaches, as eight of the airports likely to be used are owned by companies sanctioned by the United States. According to Reuters, the Polish side is planning to take a charter flight operated...
The latest tightening of U.S. sanctions against Russia could cause an end to the $12 billion Russian gas pipeline, Nord Stream 2, as well as cause extensive damages to a number of European companies, Handelsblatt reported. The long reach of Washington’s sanctions has stretched all the way to boardrooms...