Explore
Foreign companies have lost over $100 billion in the process of leaving Russia since it started the war in Ukraine
Moscow has intensified punitive measures, such as a 50% asset discount on exiting companies.
Microsoft to shut down 50 cloud services for Russian businesses
Microsoft plans to limit access to over fifty cloud products for Russian organizations by the end...
Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts
Russian oligarchs' superyachts seized as part of sanctions resulting from Russia's Ukraine invasion remain in limbo....
US sanctions Nicaragua attorney general
The US announced sanctions on Thursday against Nicaraguan Attorney General Wendy Carolina Morales Urbina, accusing her...
Russia is betting big on Cuba as it courts alternative economic partners
Russia is expanding its economic and trade ties with Cuba as more than 100 companies start...
A Russian oligarch's megayacht seized by the US is costing taxpayers a fortune, and the government is desperate to sell
US officials say the $300-million Amadea is owned by Suleiman Kerimov, a sanctioned Russian billionaire. Dry-docking...
Russia played a card that nearly doubled its energy revenues in February
Russia — an energy giant — has managed to circumvent Western sanctions, most recently by activating...
China's biggest banks are finally getting scared by the West's sanctions against Russia
Chinese banks are tightening compliance checks with Russian businesses as they fear getting caught up in...
Russia is threatening to retaliate against the West in equal measure if it confiscates Moscow's frozen assets to help Ukraine
Leaders of the Group of Seven are set to discuss how to legally seize $300 billion...
Russian man identified as Medibank hacker, hit with sanctions by Australian govt
The Australian government has announced sanctions against Russian man Aleksandr Ermakov over his role in the...
Western companies have exited Russia in droves. New companies with owners from China and former Soviet republics are stepping in.
Nearly 10,000 foreign companies have exited Russia since it invaded Ukraine, per Vedomostic citing SPARK-Interfax data.