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Economy
Around 500 million dollars of Telegram bonds remain frozen at Russia’s National Settlement Depository because of Western sanctions imposed after the 2022 invasion of Ukraine, underscoring the messaging app’s ongoing financial exposure to Russian capital markets despite founder Pavel Durov’s......
A rising number of Western-sanctioned oil tankers have switched to the Russian flag in recent weeks to dodge American seizures, including at least three vessels operating near Venezuela that reregistered in Russia since late December. The standout case involves the Bella 1, renamed Marinera and listed......
Bulgaria is set to adopt the euro overnight from Wednesday to Thursday, becoming the 21st country to join the eurozone, a major milestone that has sparked both optimism and anxiety across the country. At midnight, the Balkan nation of 6.4 million people will officially replace the lev, its national......
Russia’s agricultural control agency, Rosselkhoznadzor, has temporarily blocked the import of a Moroccan tomato shipment after detecting alleged traces of two plant viruses during inspection. According to Russian media outlet Newkaliningrad, the agency carried out quarantine and phytosanitary......
A large-scale drone assault launched by Ukraine struck key energy facilities deep inside Russian territory, leading to the suspension of operations at one of Russia’s most critical gas plants and igniting fires at oil storage depots. The overnight attack, one of the most extensive in recent months,......
Relentless Russian strikes on Ukraine’s Black Sea port infrastructure throughout December have severely disrupted the nation’s grain exports, driving wheat prices higher on global markets. The bombardments, focused primarily on the Odesa region, have crippled key ports, destroyed vital logistics......
A new wave of attacks has transformed the Black Sea into an expanding battlefield, as both Ukraine and Russia intensified operations targeting critical energy and maritime infrastructure. The recent strikes have drawn international attention due to their potential impact on energy security and global......
A growing number of Russian oil tankers are stuck at sea as sanctions, logistical bottlenecks, and recent attacks in the Black Sea intensify bottlenecks across Asian ports. The disruptions highlight the growing strain on Russia’s so-called “shadow fleet” a network of aging vessels......
A Ukrainian drone strike set off a large-scale fire at a major petrochemical facility in southern Russia over the weekend, marking another escalation in the ongoing energy confrontation between the two countries. The attack targeted the Stavrolen complex in the Budyonnovsk district of Stavropol Krai,......
Russia’s oil trade is under growing strain after a new wave of Western sanctions targeted companies, traders, and vessels linked to its so-called shadow fleet. Britain and the European Union unveiled coordinated measures aimed at curbing Moscow’s circumvention of energy restrictions and tightening......
Russia revealed for the first time that its direct expenditure on the war in Ukraine will surpass $137 billion in 2025, a disclosure that sheds light on the mounting fiscal burden of the prolonged conflict. Defense Minister Andrey Belousov announced that the country will allocate 11.1 trillion rubles......
Gold prices steadied close to their record peak on Thursday, while silver and platinum continued to test fresh highs as investors awaited key US inflation data and central bank decisions that could shape global monetary policy through year-end. Spot gold hovered around 4,334 dollars an ounce, roughly......
The United States is preparing new sanctions against Russia’s energy sector in case President Vladimir Putin rejects the latest peace proposal aimed at ending the war in Ukraine. According to reports, the measures would target a network of vessels and intermediaries involved in transporting Russian......
