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Russia has spent half of its "rainy-day fund" during invasion of Ukraine

The Russian Ministry of Finance has spent 4 out of 9 trillion roubles [roughly US$45,5 billion out of US$102,4 billion], or almost half of the liquid part of the National Wealth Fund (NWF), which is the central reserve for a rainy day, in 2023. ....

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Foreigners to Be Able to Withdraw Investment Dividends in Production, Technology

Foreigners will be able to withdraw dividends from investments in production and technology development in Russia made after April 1, 2023, the Russian Finance Ministry said on Wednesday. ....

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New legislation allows Russian sanctions to remain until compensation is paid to Kyiv

New legislation allows Russian sanctions to remain until compensation is paid to Kyiv
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Russian oil and gas revenues down by 52% in January-April 2023

Ministry attributes revenue decline in 1st 4 months to price fall of its flagship crude Urals oil blend, drop of natural gas exports - Anadolu Ajansı ....

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The United States And The United Kingdom Announce New Wave Of Sanctions Against Russia - Export Controls & Trade & Investment Sanctions

On Friday, February 24, 2023, the United States (U.S.) announced a new wave of sanctions and export controls restrictions against Russia aimed at (1) holding individuals and entities accountable. ....

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