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cutting proceeds

U.S. Seeking to Brand Russia a ‘Blood Diamonds’ Exporter

Moscow's Finance Ministry dismissed the Western-backed effort to redefine conflict diamonds as “political demagogy.”
monetary rise

Russian Exports to EU Up Amid Higher Oil Prices

Russia’s oil and fuel revenues increased despite the total volume of oil exports decreasing since invading Ukraine.
opinion Nick Trickett

The Russian Economy: Failing To Plan, Planning to Fail

"Technological sovereignty" is word salad for partial state planning — and too little, too late.
aviation woes

Half of Russia’s Air Traffic Control Staff Furloughed or Fired – Vedomosti

At least 600 air traffic controllers have reportedly been laid off since the start of the invasion of Ukraine.
collapsing imports

Smartphone Shipments to Russia Drop 38% Amid Company Pullouts

The fall was particularly pronounced for cheaper smartphones.
seeking damages

Russian Tycoon Deripaska Sues Ex-Banker Tinkov for Defamation

Tinkov had dismissed Deripaska as “an oligarch and a thief” in the comments below his own anti-war post on Instagram.
commodity contraction

Russia’s Oil Output Falters After Summer Rebound

Oil production had previously seen several months of recovery from Western sanctions imposed over Russia’s war in Ukraine.
Energy wars

Russia Starts Delivering Extra Gas to Hungary – Budapest

Hungary said Saturday that Russia has started delivering additional gas to the EU member following a July visit to Moscow by its foreign minister.
looking ahead

Central Bank Predicts Russia Will Return to Economic Growth in 2024

"The main challenge in the coming years is to create the conditions for a successful transformation of the economy," a Central Bank report said.
sanctions workaround

Russia to Revive Soviet-Era Shops Selling Western Goods to Foreign Diplomats

The stores could open in the capital Moscow and St. Petersburg as soon as September this year. 
Slow return

Gazprom Says Sanctions Make Gas Turbine Delivery ‘Impossible’

European countries suspect Moscow is looking for an excuse to delay the turbine's return to Russia.
not happy

Ex-Yandex Head Takes EU to Court Over Sanctions

Tigran Khudaverdyan argued he “does not support the actions of the Government of the Russian Federation.”
Mounting isolation

Sanctions ‘Cripple’ Russian Economy, Study Says

Much of Russia’s domestic economic activity has stalled since the Feb. 24 invasion of Ukraine.
energy crisis

Russia Suspends Gas Supplies to Latvia

EU states accuse Russia of squeezing supplies in retaliation for Western sanctions over Moscow's intervention in Ukraine.
policing the web

Russia Fines WhatsApp, Snapchat, Tinder for Data Law Violations

Russian law requires tech companies to store the data they hold on Russian users locally.
supply issues

Samsung Smartphones Disappear From Russian Stores

Customers in some Russian cities are reportedly being asked to wait for up to five days for deliveries. 
Measuring the Effects

Russia Doing Better Than Expected Despite Sanctions – IMF

The sanctions were meant to sever Russia from the global financial system and choke off funds available to Moscow to finance the war.
in hiding

Fugitive Ex-Wirecard Exec Obtains Russian Passport – Reports

Jan Marsalek, who is on Europol’s most-wanted list for alleged fraud, is believed to be under the protection of Russia’s security services.
gas showdown

Ukraine Calls Europe to Action as Russia Slashes Gas

The cuts mean Gazprom will be delivering gas to Europe at only about 20% of the pipeline's capacity.
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