Russia Economic Crisis
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Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
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Amid War With Russia, Ukraine PM Seeks Reconstruction Help In Japan
Ukraine's prime minister urged Japan's government and private sector on Monday to step up support for the country's reconstruction, promising an "economic miracle" once the almost two-year-old war with Russia ends.
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Chilling Predictions Baba Vanga Made For 2024 That Came True
Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.
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Ukraine Has Tenfold Increase In Poverty Due To War, Says World Bank
Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said.
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Is Sri Lanka Seeking Russia's Help Amid Oil Shortage? Minister Says...
Sri Lanka has reached out to several companies suggested by Russia's embassy in Colombo to buy crude oil, Energy Minister Kanchana Wijesekera said on Sunday, in an attempt by the debt-ridden island nation.
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Looking At Stabilising Economic Engagement With Russia: India
India on Thursday once again said its objective has been to stabilise its economic engagement with Russia and that an inter-ministerial group is looking at resolving issues relating to payment mechanisms with Moscow.
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Russia Could Take to Bitcoin Mining to Evade Sanctions, Warns IMF in New Global Financial Stability Report
The International Monetary Fund (IMF) has mentioned in a new financial stability report that Russia could evade economic sanctions levied in the wake of its invasion of Ukraine by pivoting to cryptocurrency mining.
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Crisis At Home, Sri Lankans Extend A Helping Hand To Stranded Ukrainians
As the sun dips below the Indian Ocean waves, Ukrainian tourist Viktoria Makarenko and her daughter light incense every evening at a temple in a Sri Lankan beach resort to pray for a return home.
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US Slaps Sanctions On Russian Tech Firms, Including Largest Chip Maker
The United States hit a series of Russian tech firms with sanctions Thursday, including the nation's largest chip maker, in the latest economic punishment for Moscow's invasion of Ukraine.
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Russia Plans to Ease Piracy of Games, Movies to Counter Western Sanctions Amid Ukraine Crisis: Report
Russia is planning to relax rules governing intellectual property rights to offset the sanctions imposed by Western nations in response to its military offensive against Ukraine. Recently, the Russian Ministry of Economic Development reportedly proposed to ease the piracy legislation, which would effectively legalise the piracy of games, movies, TV...
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Russia Inches Toward Kyiv, Its Attacks Draw War Crimes Warnings
The US and the EU moved Friday to tighten the economic noose around the Kremlin as Russian forces inched toward the capital Kyiv and pounded civilian areas of Ukrainian cities, drawing a flurry of warnings of potential war crimes.
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Russia's Invasion Of Ukraine Could Make IMF Cut Global Growth Forecast
The IMF expects to cut its global growth estimate due to the economic damage caused by Russia's invasion of Ukraine, Managing Director Kristalina Georgieva said Thursday.
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Kremlin Says US Waging "Economic War" On Russia
The Kremlin said Wednesday that the US had launched an economic war against Moscow, describing an onslaught of sanctions against the country over its military incursion into its pro-Western neighbour Ukraine.
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Ukraine War, Crisis In Europe "Moment Of Choice For China": Australian PM
Australia's Prime Minister called Russia's invasion of Ukraine "a moment of choice for China" Monday, urging Beijing to end its tacit political and economic support for the war.
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Russia "Ready" To Continue Talks With Ukraine: 5 Latest Facts
A week after launching its invasion of Ukraine, Russia said its forces took control the first sizable city today, seizing Kherson, in the south, as fighting raged around the country and Western nations tightened an economic noose around Russia.
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Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
-
Amid War With Russia, Ukraine PM Seeks Reconstruction Help In Japan
Ukraine's prime minister urged Japan's government and private sector on Monday to step up support for the country's reconstruction, promising an "economic miracle" once the almost two-year-old war with Russia ends.
-
Chilling Predictions Baba Vanga Made For 2024 That Came True
Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.
-
Ukraine Has Tenfold Increase In Poverty Due To War, Says World Bank
Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said.
-
Is Sri Lanka Seeking Russia's Help Amid Oil Shortage? Minister Says...
Sri Lanka has reached out to several companies suggested by Russia's embassy in Colombo to buy crude oil, Energy Minister Kanchana Wijesekera said on Sunday, in an attempt by the debt-ridden island nation.
-
Looking At Stabilising Economic Engagement With Russia: India
India on Thursday once again said its objective has been to stabilise its economic engagement with Russia and that an inter-ministerial group is looking at resolving issues relating to payment mechanisms with Moscow.
-
Russia Could Take to Bitcoin Mining to Evade Sanctions, Warns IMF in New Global Financial Stability Report
The International Monetary Fund (IMF) has mentioned in a new financial stability report that Russia could evade economic sanctions levied in the wake of its invasion of Ukraine by pivoting to cryptocurrency mining.
-
Crisis At Home, Sri Lankans Extend A Helping Hand To Stranded Ukrainians
As the sun dips below the Indian Ocean waves, Ukrainian tourist Viktoria Makarenko and her daughter light incense every evening at a temple in a Sri Lankan beach resort to pray for a return home.
-
US Slaps Sanctions On Russian Tech Firms, Including Largest Chip Maker
The United States hit a series of Russian tech firms with sanctions Thursday, including the nation's largest chip maker, in the latest economic punishment for Moscow's invasion of Ukraine.
-
Russia Plans to Ease Piracy of Games, Movies to Counter Western Sanctions Amid Ukraine Crisis: Report
Russia is planning to relax rules governing intellectual property rights to offset the sanctions imposed by Western nations in response to its military offensive against Ukraine. Recently, the Russian Ministry of Economic Development reportedly proposed to ease the piracy legislation, which would effectively legalise the piracy of games, movies, TV...
-
Russia Inches Toward Kyiv, Its Attacks Draw War Crimes Warnings
The US and the EU moved Friday to tighten the economic noose around the Kremlin as Russian forces inched toward the capital Kyiv and pounded civilian areas of Ukrainian cities, drawing a flurry of warnings of potential war crimes.
-
Russia's Invasion Of Ukraine Could Make IMF Cut Global Growth Forecast
The IMF expects to cut its global growth estimate due to the economic damage caused by Russia's invasion of Ukraine, Managing Director Kristalina Georgieva said Thursday.
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Kremlin Says US Waging "Economic War" On Russia
The Kremlin said Wednesday that the US had launched an economic war against Moscow, describing an onslaught of sanctions against the country over its military incursion into its pro-Western neighbour Ukraine.
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Ukraine War, Crisis In Europe "Moment Of Choice For China": Australian PM
Australia's Prime Minister called Russia's invasion of Ukraine "a moment of choice for China" Monday, urging Beijing to end its tacit political and economic support for the war.
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Russia "Ready" To Continue Talks With Ukraine: 5 Latest Facts
A week after launching its invasion of Ukraine, Russia said its forces took control the first sizable city today, seizing Kherson, in the south, as fighting raged around the country and Western nations tightened an economic noose around Russia.
