Last Monday showed big losses for Russia’s oligarchs targeted by U.S. sanctions, but they might have already started recovering by Friday, OCCRP reports.
According to Bloomberg’s Billionaire Index, Oleg Deripaska lost over $ 1.1 billion between Sunday and Tuesday. Between Wednesday and Thursday, however, his fortune rose again with one-third...
Russia’s proposed law on cryptocurrencies has gotten support from the Russian government, one of the authors of the bill, Anatoly Aksakov told Izvestya.
The Bill On Digital Financial Assets was presented before lawmakers by Aksakov, who is the head of the Russian Parliament’s Financial Market Committee, last month. According to...
A Moscow court has ordered telecommunications companies to block the encrypted messaging app Telegram in Russia after it refused to grant intelligence authorities access to its users’ encrypted messages, Bloomberg reports.
The decision will be a blow to the company just weeks after it raised $1.7 billion from investors in...
Russian authorities have blocked access nearly 300 Google IP addresses in the country on Thursday, in an attempt to shut down encrypted messenger application Zello, Vedomosti reported.
Last month, Russia's telecoms watchdog told ISPs to block 15 million IP addresses to shut down the encrypted chat app Zello. Most of those...
China and Russia have already begun their battle for supremacy in the Arctic, where new lucrative trade routes and oil and gas drilling opportunities have opened due to global warming, Nikkei Asian Review reports.
Arctic sea ice has been steadily shrinking due to our planet's rising average temperatures. The maximum...
Russia will start negotiations on extending its gas transit contract with Ukraine this week, Kommersant reported. According to the business daily, Russian energy giant Gazprom and Ukraine’s Naftogaz will formally discuss this issue in the next days. Substantive consultations between Moscow and Brussels may begin in late May,...
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...
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...
Shares, bonds and metal of Russian aluminium giant Rusal were top sellers on Wednesday as international financial groups took action to distance themselves from the company after it became a target for United States-imposed sanctions, Reuters reported.
The Russian government pledged to provide Rusal with short-term liquidity and offer other...
