By Anna Shiryaevskaya and Ewa Krukowska (Bloomberg) — Since the start of Russia’s invasion of Ukraine, Europe and its allies have looked for ways to curb Moscow’s fossil fuel revenues without
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions evasion and funding Russia’s invasion of Ukraine. The letter cited reports indicating that $20 billion […]
Coin Town Council and the CoinEmprende business association have launched the 2nd Russian Salad Competition with the participation of more than 20 local bars and restaurants. The initiative, which aims to promote local gastronomy, will run from Monday May 20 until Sunday May 26. “This competition is a great economic boost for our local economy […]
'TOO LATE': Yu Pei-chen, a Taoyuan councilor and ex-army general, said the
A YouTuber falls victim to generative AI on Chinese social media, but the ramifications stretch beyond China.
The European and US media have long maintained the myth of Russia’s isolation from the rest of the world, with some even recalling the Iron Curtain introduced by the British Prime Minister during the Cold War. However, two years of conflict in Ukraine illustrate a completely contrasting picture. Despite the thesis promoted in major media […]
Vladimir Putin, the President of Russia, has dismissed Sergey Shoigu, the country’s Defense Minister, in a major shake-up of military leadership. Vladimir Putin, the President of Russia, appointed Sergey Shoigu as the Secretary of the National Security Council of Russia in a decree. Shoigu replaced Nikolai Patrushev, the former Secretary, who was dismissed to transition […]
The Biden administration’s Ukraine policy, though it lacks a coherent strategy, is at least centered on an explicit guiding principle: Russia must not be allowed to win in Ukraine. This sentiment is widely shared by U.S. allies across the Atlantic. "I have a clear strategic objective,” said French President Emmanuel Macron in a recent interview. “Russia cannot win in Ukraine.” But, even in this consensus position, there is a major fly in the ointment: there has not been enough serious...
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Russia’s economy expanded by 5.4 percent year-on-year in the first quarter of 2024, the Rosstat state statistics agency said Friday, as military spending on the Ukraine offensive boosts growth. That was an acceleration from a rate of 4.9 percent recorded in the final quarter of 2023.
After Russia invaded Ukraine, the West took aim at Russia's oil sector to hamper Russia's wartime economy. Andrew Chang explains how Western leaders used oil price caps and shipping embargoes to disrupt a critical source of revenue — and the workarounds Russian President Vladimir Putin found to keep the oil money flowing.
Russian President Vladimir Putin stressed during his narrow format meeting with his Chinese counterpart, Xi Jinping in Beijing on Thursday that the relations between the two countries are "not aimed a