Economy News Russia Says It S No Longer Scared Of Western Sanctions – But Its Economy Is Still Under Pressure
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Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a ... Read More
Will US Sanctions on Russian Oil Upend the Global Market?
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Kremlin says Russia is analysing latest sanctions, will act in its own interests

MOSCOW, Oct 24 (Reuters) - Russia is analysing the latest Western sanctions, and will act according to its interests, Kremlin spokesman Dmitry Peskov said on Friday. "At the moment, we are analysing ... Read More
Russia's Lukoil Says It Plans to Sell International Assets Due to Western Sanctions

MOSCOW (Reuters) -Russia's second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The ... Read More
Russia develops 'antidotes' to Western sanctions, relies on its own tech — MFA

Russian Foreign Ministry Spokeswoman Maria Zakharova noted that localization of production "has become a kind of trend in the global economy" MOSCOW, October 27. /TASS/. Russia has formulated ... Read More
Russia's Lukoil says it plans to sell international assets due to Western sanctions

Planned sale is the most consequential action yet for a Russian company over sanctions Lukoil has vast international exposure, including in Europe, Middle East Lukoil says it is considering bids from ... Read More
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