Russia’s Shrinking Oil Revenues: The Impact of Western Sanctions

Russia’s Shrinking Oil Revenues: The Impact of Western Sanctions

Russia continues to lose revenue due to Western sanctions. The United States is confident that the G7 cap on Russian oil prices is helping to reduce Moscow’s revenues and stabilize energy markets. And this, despite the recent rise in prices. This was stated by Acting Assistant Secretary of State for Economic Policy Eric Van Nostrand, … Read more

The Decline of the Russian Aviation Industry: Consequences of Losing Western Technology

The Russian aviation industry is rapidly dying, having lost access to Western technology. In the first six months of 2023, the Russian aviation industry has produced only two new civil aircraft. This is a disaster for such a large country as the Russian Federation. Russian resource reported about the problems of Russian aviation Air Mediareferring … Read more

Challenges of Imposing Effective Sanctions on Russia’s Oil Exports: Insights and Solutions

Challenges of Imposing Effective Sanctions on Russia’s Oil Exports: Insights and Solutions

According to the rules of the blockade imposed on Russia, Western countries prevent any ship from transporting Russian oil at a price higher than $60 a barrel, but it seems that the price has recently exceeded that. Oil is no longer transported through large traditional companies, but rather through small new companies registered in India, … Read more

Russian Billionaire Urges Kremlin Oligarchs to Oppose Ukraine War: Interview with Oleg Tinkov

Russian billionaire Oleg Tinkov called on the Kremlin oligarchs to publicly oppose the war with Ukraine. Former Russian banker, billionaire Oleg Tinkov publicly addressed the oligarchs of the Russian Federation. He called on them to rise up against the war unleashed by the Kremlin against Ukraine. He made a bold statement interview newspaper Financial Times. … Read more

Sense Bank Asset Takeover by State Export and Import Bank of Ukraine: Customer Deposits Guaranteed

Sense Bank Asset Takeover by State Export and Import Bank of Ukraine: Customer Deposits Guaranteed

According to the government’s decision, the assets of “Sense Bank” will be taken over by the State Export and Import Bank of Ukraine. Customers are guaranteed the safety of their deposits. “Sense Bank”, formerly known as “Alfa-Bank Ukraina”, used to be part of the Russian “Alfa-Bank” structure. Its shareholders were Russian billionaires Aven, Mikhail Fridman … Read more

Chinese Car Manufacturers Increase Import to Russia: New Models and Affordable Prices

Chinese Car Manufacturers Increase Import to Russia: New Models and Affordable Prices

The Chinese authorities have made a loud statement about increasing the import of locally produced cars to Russia. According to PRIMPRESSChina has already decided to expand the range of cars supplied to the Russian Federation. So, Chery intends to soon release a new modification of the Tiggo 7 Pro Max crossover. The model is equipped … Read more

Explosion at Promsintez Plant in Samara: 6 Employees Dead, 2 Injured

In the Russian Samara, an explosion occurred at the Promsintez plant, which produces explosives. A series of emergencies continues at the enterprises of the defense industry of the Russian Federation. Today, July 7, an explosion occurred at the Promsintez plant in Samara. This was reported by the Russian media on Friday afternoon, Dialog.UA reports. The … Read more

Ukrainian President Volodymyr Zelensky Expands Sanctions Against Russia and Its Accomplices for Aggression

Ukrainian President Volodymyr Zelensky has once again expanded sanctions against Russia and its accomplices for aggression. Kyiv strengthens sanctions against the Russian Federation and its accomplices for the war against Ukraine. The “Black List” was replenished with almost half a thousand new individuals, companies and organizations. The corresponding decree of Ukrainian President Volodymyr Zelensky was … Read more

7 Villas and Apartments of Putin’s Friend and Billionaire Rotenberg in Europe Uncovered

7 Villas and Apartments of Putin’s Friend and Billionaire Rotenberg in Europe Uncovered

In Europe, in different parts of Europe, the media found 7 villas and apartments of Putin’s friend and billionaire Rotenberg. As it turned out, the Russian oligarch still has unfrozen real estate in the EU countries, but all of it is registered with other companies. Journalists from “important stories“we managed to find it thanks to … Read more

Toyota, Lexus, and Nissan Ease Sanctions Against Russia as New Models Arrive: 2023 Toyota Sienna, Land Cruiser 70, and Nissan Z Sports Car

Toyota, Lexus, and Nissan Ease Sanctions Against Russia as New Models Arrive: 2023 Toyota Sienna, Land Cruiser 70, and Nissan Z Sports Car

Japanese car brands Toyota, Lexus and Nissan have eased their sanctions against Russia. Firstly, the companies strongly supported the decision of the Japanese authorities not to suspend the supply of used cars to Russia. Note that such a step was considered, but in the Land of the Rising Sun they realized that the losses would … Read more