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China, Russia and overheated economy
China Responds to EU Sanctions Over Ukraine War Support to Russia
The EU included Chinese firms in its latest round of sanctions, citing exports of dual-use goods, including components used to produce Russian drones.
Russia’s Wartime Economic Woes Slow Railway Trade With China
Russia faces increasing difficulty shipping commodities to China through its vast eastern rail network, a sign of the growing economic challenges stemming from war and sanctions, despite the Kremlin’s assurances that all is well.
Russia's overheated economy is squeezing one of Moscow's key trading channels with China
Russia's rail industry is in its worst downturn since the Great Financial Crisis, according to an estimate from MMI Research.
Russia facing significant problems in railway trade with China, due to war in Ukraine - Bloomberg
The Russian Federation is facing difficulties in delivering goods to China via its eastern railway network. This indicates growing economic challenges caused by Russia's war in Ukraine, Bloomberg reports.
Russia, Bitcoin and International Trade
Russia is using bitcoin in foreign trade, finance minister says
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Russia says it's using bitcoin to evade sanctions
Russian companies are using bitcoin to evade Western sanctions, thanks to a new law, the country's Finance Minister Anton Siluanov confirmed in a television interview. Why it matters: Russia's economy has been hampered by difficulties in making and receiving international payments,
Russia’s Strategic Shift to Bitcoin for International Trade
Russian Finance Minister Anton Siluanov has confirmed that Bitcoin is being used by the country for international trade, highlighting its potential to reduce reliance on traditional payment systems such as the U.
2d
5 important countries for Russia's sanctions-skirting economy
Russia's friends — or frenemies — aren't all pariah states. Some of them enjoy good relations with the West, too.
Regtechtimes on MSN
10d
Yellen Warns of New Sanctions on China and Russia’s Oil ‘Dark Fleet
The U.S. Treasury, led by Secretary Janet Yellen, is exploring more ways to limit Russia’s oil income, which helps fund its ...
8d
EU adopts new Russia sanctions targeting China, shadow fleet
The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine, including tougher ...
8d
Chinese FM slams EU's unjustified sanctions for allegedly 'supporting Russia,' vows to take necessary measures
China firmly opposes unilateral sanctions that have no basis in international law or authorization by the UN Security Council ...
Nikkei Asia
1d
Laos fertilizer exports to China boom amid Russian sanctions
BANGKOK -- Laos is ramping up production of a fertilizer ingredient to meet the rush in demand from China as Western ...
Cfr.org
12d
Tighter Sanctions Can Help End the Russia-Ukraine War
Donald Trump has promised to secure a just peace between Russia and Ukraine in his second term. His success or failure will depend on whether the West can give Russia a reason to negotiate in good ...
devdiscourse
2d
Switzerland Joins EU Sanctions Against Russia and Belarus
Switzerland has enforced the EU's latest sanctions package targeting Russia and Belarus. This includes freezing the assets of ...
5d
on MSN
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...
13h
on MSN
Russia's domestic LPG prices halve in December following EU embargo on exports amid Ukraine war
Domestic prices of liquefied petroleum gas (LPG) in Russia halved in December from the previous month due to an influx of the ...
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