The Trump administration is preparing to intensify economic sanctions against Russia in an effort to bring an end to the war in Ukraine, according to retired General Keith Kellogg, the US president’s special envoy for the Russia-Ukraine conflict.
Foreign direct investment in Russia has fallen to its lowest level in 15 years, with the total volume decreasing to $235bn by October 2024, according to data from the Central Bank of Russia, Ukrainska Pravda reported on February 8.
Depositing money in high-yielding bank deposits is back as Russians' favourite store of wealth to protect their life savings against the ravages of high inflation rates. Total deposits were up by 70% in in 2024.
Azerbaijan’s increasingly assertive stance on Russian matters marks a shift from its previous balancing act between Moscow and the West.
German authorities are considering re-tasking the Nord Stream 2 pipeline to deliver green hydrogen or natural gas from Finland.
Leaders in the US, Russia and Ukraine have all softened their positions slightly in the last week, making the start of ceasefire talks in the coming months more likely.
Azerbaijan typically complies with such extradition requests, but relations with Russia have deteriorated recently.
The Russian military in Ukraine is using donkeys and horses to transport ammunition due to a severe shortage of vehicles, war correspondents have claimed.The development follows previous confirmed reports of Russian troops resorting to civilian cars.
Kyrgyz bank is latest entity to join US sanctions list.
Has Russia’s prime interest rate peaked? The Central Bank of Russia says analysts have lowered their forecast for interested rates in 2025 to 20.5% in its latest monthly macroeconomic survey of professional economists.
The sale of new passenger cars in Russia was up by 56% in 2024 and grew by another 9% y/y in January.
In 2017, President Trump’s first administration published a historic National Security Strategy, which said we had entered a new era of great power competition with China and Russia. He was right. But now his policies mean we could lose that fight.
Russia’s services and manufacturing sectors expanded at their fastest pace in a year in January, driven by improved demand conditions and a sharp rise in new orders, according to the latest Purchasing Managers’ Index (PMI) data from S&P Global.
Cautiously worded Kazakh government report on tragedy, meanwhile, stops short of identifying “foreign metal objects”.
Ukrainian president Volodymyr Zelenskiy said he was open to face-to-face negotiations with Russian President Vladimir Putin, reversing his earlier stance of refusing to meet with the Russian leader.
Indian Ambassador to Russia Vinay Kumar has expressed optimism about Indian financial institutions adopting Moscow’s Mir payments system and Russian banks adopting New Delhi’s RuPay payments system
Steep US tariffs on the EU or a sudden cut in support for Ukraine are the major downside risks for the region, says new wiiw report.
An 18-year-old British volunteer fighting for Ukraine was killed by a Russian drone just minutes into his first frontline mission. James Wilton, from Huddersfield, had no prior military experience and travelled to Ukraine aged 17 to join the fight.
Serbia has formally requested the US to delay sanctions on its Russian-owned oil company, Naftna Industrija Srbije, for a minimum of 90 days, citing concerns over the company’s critical role in regional energy stability.
The timing of Azerbaijan's large-scale Border Shield operation raises geopolitical questions.