Russian Economic Sanctions
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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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Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.
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IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
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Russia's Putin Slams West Economic Sanctions: "Stupid... Blitzkrieg"
Russian President Vladimir Putin accused the West on Friday of colonial arrogance and trying to crush his country with "stupid" sanctions that amounted to an economic "blitzkrieg".
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IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
-
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.
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EU Proposes Sanctioning Head Of Russian Orthodox Church
The European Commission has proposed sanctioning the head of the Russian Orthodox Church, Patriarch Kirill, in the latest wave of economic measures against Russia.
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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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Ukraine War Will Push Russian Economy To Shrink By 8.5% This Year: IMF
The war and sanctions significantly impact Russia's economy. We are projecting that output will shrink by -8.5% in 2022: IMF.
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Ukraine's Economy To Collapse By 45.1% Amid Russia Invasion: World Bank
The World Bank issued dire forecasts for Ukraine as Russia's invasion impacts both the country and its neighbors, warning in a report released Sunday of an even bleaker economic outlook if the conflict drags on.
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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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Biden's Sanctions-Architect In India Ahead Of Russian Minister's Visit
Top Indian-American US adviser and a key architect of Washington's punitive economic sanctions against Moscow, Daleep Singh, will arrive in India for a 2-day visit today to discuss the "consequences" of Russia's "unjustified war" against Ukraine.
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IEA Says Market May Lose 3 Million Bpd Of Russian Oil Next Month
Paris-based watchdog says buyer reluctance and sanctions on Russian crude could drive up inflation and undercut economic recovery
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Thailand Bans Crypto Payments, Businesses to Have Until End of April to Adhere to New Law
Thailand regulators have banned the use of crypto assets as payment option in the country. The move comes aiming to stop the promotion of crypto assets as an alternative to fiat, that could threaten the national economic stability. Thailand also wishes to prevent its native firms to help sanctioned Russian tourists to liquidate their crypto assets.
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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 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.
-
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.
-
IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
-
Russia's Putin Slams West Economic Sanctions: "Stupid... Blitzkrieg"
Russian President Vladimir Putin accused the West on Friday of colonial arrogance and trying to crush his country with "stupid" sanctions that amounted to an economic "blitzkrieg".
-
IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
-
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.
-
EU Proposes Sanctioning Head Of Russian Orthodox Church
The European Commission has proposed sanctioning the head of the Russian Orthodox Church, Patriarch Kirill, in the latest wave of economic measures against Russia.
-
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.
-
Ukraine War Will Push Russian Economy To Shrink By 8.5% This Year: IMF
The war and sanctions significantly impact Russia's economy. We are projecting that output will shrink by -8.5% in 2022: IMF.
-
Ukraine's Economy To Collapse By 45.1% Amid Russia Invasion: World Bank
The World Bank issued dire forecasts for Ukraine as Russia's invasion impacts both the country and its neighbors, warning in a report released Sunday of an even bleaker economic outlook if the conflict drags on.
-
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.
-
Biden's Sanctions-Architect In India Ahead Of Russian Minister's Visit
Top Indian-American US adviser and a key architect of Washington's punitive economic sanctions against Moscow, Daleep Singh, will arrive in India for a 2-day visit today to discuss the "consequences" of Russia's "unjustified war" against Ukraine.
-
IEA Says Market May Lose 3 Million Bpd Of Russian Oil Next Month
Paris-based watchdog says buyer reluctance and sanctions on Russian crude could drive up inflation and undercut economic recovery
-
Thailand Bans Crypto Payments, Businesses to Have Until End of April to Adhere to New Law
Thailand regulators have banned the use of crypto assets as payment option in the country. The move comes aiming to stop the promotion of crypto assets as an alternative to fiat, that could threaten the national economic stability. Thailand also wishes to prevent its native firms to help sanctioned Russian tourists to liquidate their crypto assets.
-
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...
