Russia

MARTINS: The successes and failures of the Ukrainian drone industry

Patricia Marins December 5, 2025

By mid-2014, after the annexation of Crimea and the outbreak of war in Donbas, an industry emerged that would become the pillar of Ukrainian national defence, driving innovations that would influence modern warfare.

How Kazakhstan and Western oil major partners could take $27bn yearly hit from Ukraine’s drone attacks on Black Sea port

Nizom Khodjayev in Astana December 5, 2025

Moscow, on the other hand, might lose a mere $0.6bn annually, argues analyst.

Russian arms revenues rise 23% as domestic war demand offsets export collapse

bne IntelliNews December 5, 2025

Russia’s leading defence firms recorded strong revenue growth in 2024, driven by surging domestic demand for weapons to sustain the war in Ukraine, even as Western sanctions and falling arms exports weighed on international sales,

Russia's central bank lifts limits on foreign currency transfers abroad from December 8

bnm Tehran bureau December 5, 2025

Russia's central bank lifts $10,000 monthly limit on foreign currency transfers abroad for Russians and friendly-country residents from December 8

COMMENT: New “unipolar” National Security Strategy, puts US on collision course with China, Russia

Ben Aris in Berlin December 5, 2025

The 2025 US National Security Strategy (NSS), released quietly on the White House website on December 5 outlining Donald Trump’s foreign policy, sets out in unambiguous terms America’s intent to maintain the unipolar world.

MOSCOW BLOG: Mr Putin goes to New Delhi

Ben Aris in Berlin December 5, 2025

Russian President Vladimir Putin seems to be having a good time in India on what is turning into an annual state visit to talk shop. There is a lot on the agenda. The short-term stuff involves security, oil and the ruble-rupee exchange problems.

EU-US rift deepens as European leaders warn Zelenskiy not to trust Trump - Der Spiegel

Ben Aris in Berlin December 5, 2025

Deep divisions have emerged between the US and Europe as the first serious attempt to halt the war in Ukraine gets underway. EU leaders warned Ukrainian President Volodymyr Zelenskiy not to trust the White House, as it could “betray” Kyiv.

Russian business and banks seek to expand in India during Putin’s visit

bno Chennai Office December 5, 2025

Russia’s VEB.RF Group plans to widen its Indian footprint as Moscow seeks smoother access for Russian firms operating in the country.

Saudi Arabia grants licence to Russia's Azimuth Airlines for scheduled flights

bnm Gulf bureau December 5, 2025

Saudi Arabia grants Azimuth Airlines licence for scheduled flights from three Russian cities to Jeddah and Riyadh, following visa exemption agreement signed between the two countries.

IntelliNews Lambda: The cost of Russia’s iconic Olivier salad and the Borscht index both up as food inflation bites

Ben Aris in Berlin December 5, 2025

The cost of Russia’s traditional Olivier salad has risen 4% ahead of the 2026 New Year holidays, according to new data published by TASS on December 5, citing research from financial services marketplace Sravni.

EU proposes emergency powers to raise €210bn from frozen Russian assets for Ukraine

Ben Aris in Berlin December 5, 2025

The European Commission will invoke “emergency powers” to raise up to €210bn for Ukraine using frozen Russian state assets, in a move that could bypass the need for unanimous approval by member states and sidestep potential vetoes.

During Putin’s visit, Russian air defence and fighters high on Indian agenda

bno Chennai Office December 5, 2025

In 2018, India agreed to buy five S-400 battalions for $5.43bn, however two of these systems remain undelivered and delayed, likely due to Russia backfilling its own inventories due to losses and expanded requirements of its war in Ukraine.

Rahul Gandhi links Putin's India visit to claim that government is blocking opposition access to foreign dignitaries

bno - Mumbai Office December 5, 2025

He said the government has discouraged visiting foreign dignitaries from meeting him or other Opposition representatives, describing the practice as a departure from established norms.

Modi extends unusually personal reception as Putin begins tightly scheduled India visit

bno - Kolkata Office December 5, 2025

His arrival triggered an unusually personal gesture from Narendra Modi, who greeted the Russian leader at Delhi’s Palam airport before accompanying him directly to the prime ministerial residence.

Moscow cautions on expanding terror threats tied to Afghanistan and the Middle East

bno - Taipei Office December 5, 2025

Russia has issued a renewed warning over what it describes as a rapidly evolving terrorist landscape driven by instability in Afghanistan and ongoing conflicts in the Middle East.

The Age of Electricity is here -IEA

Ben Aris in Berlin December 4, 2025

Electricity is becoming the most important source of energy, but the International Energy Agency warned that the world is entering a period of heightened energy insecurity marked by geopolitical volatility, rising demand, and an oil glut.

Russia restricts Apple FaceTime service citing terrorism concerns

bne IntelliNews December 4, 2025

Russia restricts Apple FaceTime citing terrorism concerns, following August blocks on WhatsApp and Telegram voice calls as Moscow tightens control over foreign communications platforms.

Britain imposes sanctions on Russian military intelligence over Salisbury poisoning

bne IntelliNews December 4, 2025

Britain sanctions entire GRU military intelligence agency after inquiry concludes Putin approved 2018 Salisbury nerve agent attack that killed British civilian Dawn Sturgess.

ASH: Ukraine funding - what a s**t show

Timothy Ash Senior Sovereign Strategist at BlueBay Asset Management in London December 4, 2025

Excuse my French but the EC’s push to assure Ukraine’s financing, and to keep it in the war, despite the US pulling back, is turning into a bit of a shit show.

EU adds Russia to the FATF’s money laundering blacklist

Ben Aris in Berlin December 4, 2025

The European Union has finally taken a nuclear option of adding Russia’s name to the official blacklisted as a high-risk country for money laundering and terrorism financing that will add to its financial system headaches.

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