Europe

Russia’s Sberbank on Thursday announced its net profit dropped nearly 80% in 2022, a year marked by unprecedented Western sanctions on Moscow over its invasion of Ukraine.  The group published…

The Russian Foreign Ministry said on Saturday that the EU uses “foul play” to ensure its global economic dominance. In a statement on its website, the ministry called a “myth”…

With the current geopolitical developments and the new processes of re-configuration, seriously affecting the landscape of economic cooperation, the basic question many researchers and observers are monitoring is to understand…

The International Monetary Fund is lacking the independent data to evaluate the state of Russia’s economy. But rather than admitting ignorance, write Yale’s Jeffrey Sonnenfeld, Stephen Roach, and Steven Tian,…

As confrontation between Russia and the West intensifies and Russia’s military ambitions grow, developments in the former Soviet Union (FSU) region are increasingly relevant to geopolitics and energy security. Kazakhstan,…

Last night (February 6th) the Russian invaders shelled Volchansk with multiple rocket launchers. This was reported in the press service of the Emergency Situations Directorate of the Kharkiv region. It is…

In the Nizhny Novgorod region, a fire broke out at the Lukoil oil refinery, according to the regional prosecutor’s office. “According to preliminary data, on February 7, 2023, a fire…

Brussels is posed to push back against the US’ huge subsidies for green technologies as France and Germany’s economic ministers reportedly started talks with US officials on Tuesday to ask…

John Healey will also call on Rishi Sunak to crank up British industry to produce weapons and ammunition to replenish the military’s own depleted stockpiles and to keep arming Ukraine.…

Tesla is making preparations for the launch of its insurance service in Europe, as the company seeks a legal counsel with expertise in insurance for the market. The automaker, who…