Moscow demands bigger discounts from foreign companies exiting Russia
Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell,…
JP Morgan says client shares in Russia’s Magnit may be missing
J.P. Morgan has become the latest major bank struggling to find Russian stocks linked to some client investments, adding to fears for investors still hoping to recoup some value from…
Biden widens web of US alliances faced with China, Russia, Trump
With a historic three-way summit with Japan and South Korea, President Joe Biden has further deepened the web of US partnerships in a determined signal to adversaries despite question marks…
Russian oil price cap under growing scrutiny as prices rise
When the West rolled out its unprecedented price cap on Russian oil late last year, it hoped to starve Moscow of much-needed revenue while minimising the impact on other countries.…
After attacking Ukraine wheat exports, Russia faces own shipping challenge
Russia’s lack of ships and Western grain traders’ shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in…
US military deals not enough to wean India off Russian arms yet
India’s multi-billion-dollar purchases of US arms are less about shifting its reliance on Russian defence equipment and moving towards the West - it’s more about developing its own domestic weapons…
Ukraine coal propped up by miners who fled Russian occupation
Ukraine’s energy sector is under attack. Kyiv power stations have been targeted by cruise missiles, the Kakhovka hydroelectric dam has been breached and the Zaporizhzhia nuclear plant is under Russian…
Kyiv culture war leaves famous Russian writer red-faced
A defaced plaque on a picturesque Kyiv street has become the latest sign of the culture war simmering in Ukraine as the country battles Russia’s invasion. The monument to Russian…
Difficult times bring Russia and Cuba closer together
For the first time since the breakup of the Soviet Union, Russia is taking an intense interest in Cuba as Moscow has become increasingly isolated over its invasion of Ukraine.…
Russia’s Uralchem readies alternative to Ukraine route for ammonia
Uralchem, Russia’s biggest potash and ammonium nitrate producer, expects the opening of an ammonia export terminal near the Black Sea to make a pipeline across Ukraine much less important. Russia,…
