News Russia: UK targets Russian crypto networks in latest sanctions
LONDON, May 26 (Reuters) - Britain on Tuesday targeted Russia-linked cryptocurrency platforms, banks and financial networks that it said were used to bypass sanctions, freezing their assets and barring UK firms from processing payments and holding correspondent banking ties. The measures focus on what London described as "shadow financial systems" underpinning Russia's war economy, including the Kremlin-backed A7 network, which it said had been used to route funds, finance procurement and ex
News Russia: Russia allows central bank, top lender Sberbank to down drones
May 27 (Reuters) - Russia has passed a law allowing its central bank and other financial institutions to operate their own defence systems and arm staff to repel drone attacks, a document published by
News Russia: Russia’s Finance Ministry asked government to freeze spending across all budget lines except military, FT reports
Russia’s Finance Minister Anton Siluanov asked the government in February to cut spending across every budget line item for 2026 except military expenditures, the Financial Times reported.
News Russia: EU proposes using Russian assets, loans to fund $105bn package to Ukraine
The European Commission has proposed an unprecedented use of frozen Russian assets or international borrowing to raise 90 billion euros ($105bn) to support Ukraine’s war effort against Russia, though ...
News Russia: OFAC Sanctions the Russian Financial Sector Including Gazprombank, and Issues New GLs and FAQs
On November 21, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated Gazprombank, over 50 internationally connected Russian banks, more than 40 Russian ...
News Russia: Russia prepares legal, financial response should its assets be expropriated — ambassador
Andrey Kelin said that if Russian assets are expropriated, countries of the Global South will lose trust in European states LONDON, December 4. /TASS/. Russia is developing a legal and financial ...
News Russia: Senior Tory MP provided legal services to company of sanctioned Russian oligarchs
The billionaire Mikhail Fridman and Russia’s former Minister of Foreign Economic Relations Petr Aven are listed as shareholders of a banking and financial services holding firm which Geoffrey Cox declared he provided legal services to in the U.K. parliament’s Register of Members’ Financial Interests.
News Russia: Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
Putin revealed that GDP shrank by combined 1.8% in January and February, adding that manufacturing, industrial production, and construction were negative.
News Russia: Russia’s Central Bank sues Belgian financial institution as EU mulls using Moscow’s frozen assets
Russia’s Central Bank has filed a lawsuit against Belgian financial institution Euroclear, the Brussels-based clearing house that holds most of Moscow’s frozen assets in Europe, the bank said Friday.
News Russia: Congress investigating Russian investment fund with ties to Trump officials
Senate investigators are examining the activities of a little-known $10-billion Russian investment fund whose chief executive met with a member of President Donald Trump's transition team four days before Trump's inauguration, a congressional source told CNN.
News Russia: Russia Stokes Fears of First Foreign Currency Default in More Than a Century as It Attempts Payment
Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through, ratcheting up fears of Moscow's ...
News Russia: How the conflict in Iran is affecting global markets
Escalation of the Iran conflict is sending shockwaves through global markets — driving up oil, fuel, and commodity prices, stoking inflation and recession risks worldwide. We hear from three NPR reporters in Europe, Asia and Russia.
News Russia: Russian Oil Poised To Flood World Markets As Trump Admin Lifts Sanctions
The Trump administration is lifting sanctions on Russian oil to counter Iran’s stranglehold on Middle Eastern energy. The U.S. began ...
News Russia: Putin demands more taxes as Russia's growth slows to a crawl in the wartime economy
A roughly 20% drop in oil prices in 2025 has squeezed Russian President Vladimir Putin's war chest.Mikhail Metzel/Pool/ AFP/Getty Images Russian President Vladimir Putin has ordered a "significant ...
News Russia: Russia says multiple cattle illnesses are complicating Siberian outbreak
By Gleb Bryanski MOSCOW, March 20 (Reuters) - Russian authorities said on Friday "other diseases" were complicating an outbreak of cattle illness that has led to mass culling in Siberia, which they have blamed on pasteurellosis and rabies. The culling ...
News Russia: News Explorer — Scammers Exploit Sympathy for Iran to Trick Russians Into Sending Bitcoin, Ethereum and XRP: Report
The All-Russia People’s Front, a political coalition linked to President Putin, warns of scammers using fake documents to solicit Bitcoin, Ethereum, and XRP donations. Russian security agencies are ...
News Russia: Bitcoin And Ethereum Plunge After Russia Invades Ukraine
Bitcoin and ethereum dived by 8% and 9.7%, respectively, as the Russian invasion of Ukraine has sent equity markets in a spin. The cryptocurrency market has therefore lost $150 billion in the last 24 ...
News Russia: Russia shuts down WhatsApp, pushes citizens to state-run app accused of being a 'surveillance' tool
Russia has blocked the U.S.-based messaging app WhatsApp, the Kremlin announced Thursday, claiming the Meta-owned company failed to comply with local laws. The move follows six months of pressure on ...
