Live Breaking News & Updates on Western sanctions

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Russian finance minister says GDP expected to grow 3.6% in 2024, matching 2023's rate

The announcement followed comments earlier in the week from finance ministry official Lev Denisov, who said that the initial 2.3% estimate would be revised upwards due to the "strong growth of the economy" at the beginning of 2024.

India , Ukraine , Russia , Moscow , Moskva , China , Russian , Lev-denisov , Anton-siluanov , Uk-defense-ministry , Russian-finance-minister-anton-siluanov

Russian 'shadow fleet' ups risk of Baltic Sea spill: Finland

Europe News: The risk of a large Baltic Sea oil spill has risen since Russia began using a "shadow fleet" of tankers to circumvent curbs on its oil exports, Finlan

Djibouti , Ukraine , Helsinki , Eteläuomen-läi , Finland , Gabon , Primorsk , Orenburgskaya-oblast- , Russia , Vysotsk , Leningradskaya-oblast- , Estonia

Russia, Türkiye work on issues with bank payments: Kremlin

Russia and Türkiye are working on eliminating issues with bank payments provoked by sanctions, Kremlin spokesperson Dmitry Peskov told reporters on...

Russia , Ukraine , Ankara , Turkey , Kyiv , Kyyiv , Misto , Orenburg , Orenburgskaya-oblast- , Japan , Moscow , Moskva

Bloomberg: Western sanctions curb Turkey's trade with Russia

Turkish machinery exporters, who benefited from the surge in sales to Russia last year, may see their revenues drop by $1 billion in 2024 due to "ambiguous" sanctions, Bloomberg said, citing Kutlu Karavelioglu, the chairperson of the Machinery Exporters' Association.

Turkey , Moscow , Moskva , Russia , India , Ukraine , China , Chinese , Turkish , Russian , Kutlu-karavelioglu , Bloomberg

Bloomberg: Russian oil trade feels pressure of Western sanctions in India

Russia's oil industry is starting to feel the pressure of Western sanctions as Indian refineries no longer accept tankers of Moscow's state-owned state-run Sovcomflot shipping company, Bloomberg reported on March 23.

Russia , Moscow , Moskva , China , India , Ukraine , Russian , Uk-defense-ministry , Bloomberg , Group-of-seven , Western-sanctions

Economy could be key asset as Putin orchestrates his reelection

Russians are noticing significant price increases in certain imported essentials such as fruits, coffee and olive oil. Many international brands have...

Russia , France , Ukraine , Denmark , Kyiv , Kyyiv , Misto , Germany , Georgia , United-states , China , Moscow-river

Putin ally admits Russia's growing dependency on China | World News

Europe News: Moscow is in "long term" talks with Beijing, struggling to finalize agreements for securing loans in the Chinese yuan, according to Russia's finance minister. Russia's trade with China has significantly increased amid shifting away from Western affiliations due to sanctions related to the Ukraine conflict.

Moscow , Moskva , Russia , Beijing , China , Ukraine , Russian , Chinese , Western-sanctions , Ukraine-conflict , Russian-missile-strike

Kremlin shrugs off latest Western sanctions

Europe News: The Kremlin has dismissed the latest Western sanctions against Russia, stating that the country's economy has effectively adapted to restrictions. Kre

Kremlin , Moskva , Russia , United-states , Ukraine , American , Russian , Alexei-navalny , Dmitry-peskov , Reuters , International-monetary-fund , Western-sanctions

Moscow will seek 'revenge' for Western sanctions, says ex-president

MOSCOW, Feb 24 — Russia’s ex-president Dmitry Medvedev, a leading hawk on the Ukraine offensive, said today Moscow will seek “revenge” for massive Western sanctions. A day...

Russia , Ukraine , Moscow , Moskva , Kremlin , Russian , Russians , Dmitry-medvedev , Alexei-navalny , Vladimir-putin , Western-sanctions

Fears over Russia's 'ghost fleet' by passing oil sanctions

LONDON, Feb 24 — Two years after Russia launched a full-scale invasion of Ukraine, prompting multiple rounds of Western sanctions, Moscow increasingly relies on a shadow fleet of...

Russia , London , City-of , United-kingdom , Kremlin , Moskva , Washington , United-states , Panama , Moscow , Ukraine , Liberia