Russian President Vladimir Putin made an unusual virtual appearance in September, inaugurating a new A7 payments network branch in Vladivostok. A7 is not a traditional high street bank but a
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The presence of the American fleet in the Caribbean signals a major shift in geopolitical tension. Led by the USS Gerald Ford, the world’s most powerful aircraft carrier, the United
The European Union has announced plans to stop importing Russian liquefied natural gas (LNG) one year earlier than previously scheduled, in a move designed to increase economic pressure on Vladimir
President Trump has escalated trade tensions with India by increasing tariffs on Indian imports to a steep 50 per cent. This move follows Delhi’s continued purchase of Russian oil, a
Dozens of Aeroflot flights departing Moscow’s Sheremetyevo airport were abruptly cancelled on Monday, leaving scores of holidaymakers stranded and raising pressing questions about the security of Russia’s aviation infrastructure. The
Russia’s economic resilience is showing signs of weakness as soaring potato prices and broader inflationary pressures create mounting challenges for Vladimir Putin’s war economy. The staple vegetable’s price surge of
The artificial intelligence sector’s rapid expansion and the declining gas sales in Russia are contributing to the formation of a supply glut. The Russian government is now considering investing in
The total volume of active fuel oil exports from Russia to India and Turkey has seen a significant upturn as prices plummet. This news comes amidst a backdrop of rising
AstraZeneca, Britain’s largest pharmaceuticals company, has come under intense criticism after reports revealed the expansion of its operations in Russia, despite the ongoing war in Ukraine. Financial filings and investigative
The European Union has reached a historic consensus on significantly increasing defence spending, marking a pivotal moment for its collective security strategy. Leaders convened at a special summit in Brussels
Moscow’s ability to maintain its oil trade and finance its Ukrainian war efforts, despite international sanctions, hinges on a fleet of over 600 elderly and poorly maintained vessels. This ‘shadow
European and US shipowners have capitalised on Russia’s need to circumvent Western sanctions, generating a staggering £4.8 billion through the sale of 230 ageing tankers to Moscow’s “shadow fleet”. The
Western corporations operating in Russia contributed a staggering £2.8 billion in profit taxes during 2023, highlighting the continued financial ties between international businesses and Moscow despite widespread sanctions following the
In a shocking revelation, court documents have unveiled that Russian authorities seized more than $100m (£76m) from Google’s bank accounts in 2022, pushing its Russian entity into bankruptcy. The seized
Western airlines are significantly reducing flights to China due to several factors, including low demand, high costs related to flying around Russian airspace, and growing competition from Chinese carriers. Recently,
