A Chinese diplomat reportedly said that China is prepared to supply Russia with aircraft parts through “certain channels” that can bypass U.S. and European sanctions. “We are ready to supply components to Russia; we are organizing such cooperation,” Chinese Ambassador to Moscow Zhang Hanhui told Russian news agency TASS. “[Airlines] are currently addressing [it], they have…
Chinese Diplomat Says China Is ‘Ready’ to Supply Aircraft Parts to Russia
June 26, 2022
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Russia Sent Dollar-Eurobond Coupon Payouts to NSD in Rubles: Finance Ministry
June 23, 2022
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Anton SiluanovBusiness & Marketscrisisdebteconomic policieseconomyEurobondEuropeMarketsRussiaRussia-Ukraine WarsanctionsUkraineUncategorizedWorld
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MOSCOW—The Russian finance ministry on Thursday said it had fulfilled its obligations on two issues of dollar-denominated Eurobonds “in full” by sending 12.51 billion rubles ($234.5 million) in coupon payments to the National Settlement Depository (NSD). The ministry said the payments were on Eurobonds maturing in 2027 and 2047. “Thus, obligations on servicing the state…
Russia Becomes China’s Top Crude Oil Supplier; Nobel Peace Prize Auctioned to Aid Ukrainian Children | NTD Daybreak
China is taking advantage of the cheaper prices caused by strict Western sanctions on Russian oil. Russia has now passed Saudi Arabia as the lead supplier of crude oil for Chinese imports. 2021 Nobel peace prize co-winner Dmitry Muratov, pledged to donate $500,000 of his prize money to charities. Muratov put the prize up for…
121 Australians Sanctioned for ‘Russophobic Agenda’
Moscow has accused Australians of supporting a “Russophobic agenda,” sanctioning 121 Australians including a state leader, media personalities, and academics who have reported or spoke in support of the Ukrainian war effort. “In response to the growing sanctions of the Australian government, which apply to an increasing number of Russian citizens—both officials and their families,…
Germany Faces 5 Billion Euros a Year Hit From Russian Gas Sanctions: Newspaper
June 6, 2022
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BERLIN—Russia’s sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay for replacement gas, the Welt am Sonntag weekly reported, citing industry representatives. In May, Russia decided to stop supplying Gazprom Germania, which had been the German subsidiary of Gazprom,…
Russia Limits Exports of Noble Gases, a Key Ingredient for Making Chips
June 3, 2022
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Sanctions-hit Russia has limited exports of noble gases such as neon, a key ingredient for making chips, until the end of 2022 to strengthen its market position, its trade ministry said on Thursday. Russia’s export curbs could worsen the supply crunch in the global chips market. Ukraine was one of the world’s largest suppliers of…
Capitol Report (June 2): Lawmakers Clash Over Gun Laws; Aftermath of Pandemic Lockdowns
Democrats on Capitol Hill are trying to make the case for why the federal government should crack down on gun rights. Republicans are forcefully pushing back. Meanwhile, some are urging Congress to take the middle ground. A new energy plan is proposed by House Republicans. How does it address soaring gas prices, and what’s the…
Canada Adds Vladimir Putin’s Alleged Girlfriend, Alina Kabaeva, to the Sanctions List
Canada has imposed sanctions on Alina Kabaeva, who is reportedly the girlfriend of Russian President Vladimir Putin. The former Olympic gymnast is one of 22 close associates of the Russian regime added to the sanctions list over the country’s ongoing invasion of Ukraine. The United Kingdom sanctioned Kabaeva earlier this month and her name was…
Russia Plans Bond Payment System Like Rubles-for-Gas Scheme to Get Around Sanctions
May 30, 2022
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Russia’s finance chief said Moscow is planning a new system for making foreign bond payments similar to the rubles-for-gas scheme in an effort to prevent a historic sovereign default after Washington ended a key sanctions exemption that raised Russia’s chances of defaulting on its debt. Anton Siluanov, Russia’s finance minister, was cited by Vedomosti on…
Cargoes of Russia’s Flagship Crude Oil at Sea Climb to Record High
Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels at sea, data from energy analytics firm Vortexa showed, as traders struggled to find buyers for the crude. The United States and other countries have banned imports of Russian crude and oil products over its invasion of Ukraine,…
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