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Russia sues Euroclear for $235 billion in closed-door Moscow trial

A Moscow court has begun proceedings in a massive lawsuit filed by Russia's central bank against Belgium-based Euroclear, seeking 18,200 billion rubles around $235 billion for sovereign assets frozen in Europe since Moscow's 2022 invasion of Ukraine. The presiding judge ordered journalists out......

Moroccan sardines: Spain reacts angrily to export ban to the EU and access granted to the Russian fleet

Spain’s fishing and canning sectors have voiced strong criticism following Morocco’s decision to suspend exports of frozen sardines to the European Union, while continuing to allow Russian fishing vessels access to its maritime waters. According to Spanish media and industry......

Russian oil tankers pile up at sea as India cuts imports

Russian crude-loaded tankers are stacking up at sea, unable to offload cargo, as Moscow struggles to revive its Indian market lifeline that rescued its oil trade after European buyers pulled back following the Ukraine invasion. Russia shipped 3.42 million barrels per day over the four weeks ending January......

Russian ruble stablecoin A7A5 surges despite sanctions

A ruble-pegged stablecoin tied to sanctioned entities posted remarkable growth in 2025, adding roughly $89.5 billion to its circulating supply and outpacing major dollar-backed stablecoins even as Western sanctions intensified. Known as A7A5, the cryptocurrency launched in early January 2025 by a firm......

Burry warns markets underestimate Venezuela raid's global impact

Investor Michael Burry, famed for foreseeing the 2008 financial crisis, argues that financial markets are dramatically underplaying the ramifications of the United States' bold military operation in Venezuela. He contends that the muted response in oil prices and stock movements conceals a seismic......

Western sanctions leave 500 million dollars of Telegram bonds frozen in Russia

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......

Russia shields sanctioned tankers from US seizures with new flags

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 prepares to join the eurozone amid economic hopes and public concerns

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 halts Moroccan tomato shipment after virus detection

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......

Ukrainian drone strikes halt operations at major Russian gas and oil facilities

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,......

Russian attacks choke Ukrainian grain exports as global markets react

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......

Ukraine targets Russian oil terminal as Moscow intensifies strikes on Odesa

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......

Russian tankers face major delays as sanctions and attacks disrupt oil exports

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......

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