Russian metal manufacturers risk losing $3 billion from U.S. President Donald Trump’s recently announced import tariffs, a senior Russian trade official has estimated.
The United States was set to begin imposing the higher import duties of 25 percent on steel and 10 percent on aluminum as of last Friday....
Russia will be forced to reciprocate if EU states decide to expel Russian diplomats, Izvestya writes on Monday citing sources in diplomatic circles. The news comes after leaders of countries in the European Union passed a decision to recall EU Ambassador to Russia Markus Ederer for consultations over the...
U.S. President Donald Trump is reportedly on the verge of expelling dozens of Russian diplomats from the U.S., following the poisoning of former spy Sergei Skripal and his daughter Yulia in Britain, The Washington Post reports, citing U.S. and European officials.
According to the report, the president was recommended to...
Venezuela’s controversial state-backed cryptocurrency, the petro, is a “half-hidden joint venture” between Venezuelan and Russian officials and businessmen, according to a new report by Time.
The petro, which first went on presale on February 20, is the world’s first state-backed cryptocurrency. Its value is tied to the country’s oil reserves....
European Union leaders have given their unqualified backing to Britain over its accusation that Russia used a nerve agent to try to kill former double agent Sergei Skripal and his daughter Yulia in southern England earlier this month. The Business Times reports.
Speaking Friday at the EU summit in Brussels,...
Global oil giant Rosneft has prepared itself for the shutdown of SWIFT interbank cash transfer services, should Russia be shut out of the system as part of Western sanctions.
A Russian equivalent of SWIFT was tested by Rosneft in December, Gazprombank Vice-President Andrey Korolyov told TASS news agency. It is...
A top fundraiser for U.S. President Donald Trump offered last year to help a Moscow-based lawyer get Russian companies removed from a U.S. sanctions list, Bloomberg reports.
Elliott Broidy, the deputy finance chairman of the Republican National Committee (RNC) made the offer after an inquiry from Andrei Baev, an energy lawyer at...
British politician and prominent Brexit proponent Jacob Rees-Mogg has been profiting from an investment in a sanctioned Russian bank, UK media reported.
According to The Guardian, Rees-Mogg’s fund management firm profits from an $85 million investment in Russian state-owned bank Sberbank, which has been the target of European Union sanctions...
President Donald Trump's lead personal lawyer, John Dowd, has resigned from the President's legal team handling the response to the Russia investigation, AP reported.
Dowd, who has urged the President to cooperate with special counsel Robert Mueller's probe and resist attacking him publicly, resigned as his disagreements with Trump intensified...
