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A sanctions loophole is allowing China to quietly send millions of dollars worth of military gear to Russia

Tue, 07/25/2023 - 11:30

Russian soldiers — Russian soldiers in St. Petersburg on August 25, 2022.
Photo by OLGA MALTSEVA/AFP via Getty Images

Markets, MI Exclusive, Russia, China, China Trade, Imports, Exports

Russia-China ties deepen as Beijing buys a record amount of oil from the warring nation in the first half of 2023

Thu, 07/20/2023 - 14:12

Tech Insider : Politics

Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023 — Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023
Sputnik/Sergei Karpukhin/Pool via REUTERS

Markets, MI Exclusive, China, Russia, russia economy, Chinese, barrels

Russia and China's trade relationship has become increasingly lopsided

Wed, 07/19/2023 - 11:24

Moscow has become increasingly reliant on China as the war in Ukraine drags on. — Moscow has become increasingly reliant on China as the war in Ukraine drags on.
SERGEI BOBYLYOV / Getty Images

Markets, MI Exclusive, China, Russia, Trade, Imports, Ukraine War

Russia’s battered wartime economy is still chugging along as it taps its wealth fund, raises taxes, and ramps up imports

Mon, 05/01/2023 - 06:18

Welcome back, readers. I'm Phil Rosen. I hope you enjoyed this weekend's NBA playoffs and new episode(!) of Succession as much as I did.

We have a lot of ground to cover today — starting with First Republic. The FDIC announced early this morning that the firm will be taken over by JPMorgan after being seized by regulators.

Markets, Newsletter, 10 things, 10 things opening bell, Russia, russia economy, Oil

Russia can use its sovereign wealth fund to help pay for its war on Ukraine despite sanctions, report says

Fri, 04/28/2023 - 09:32

Tech Insider : Business

russian soldiers military — Soldiers conduct military exercises in Moscow, Russia, on September 1, 2022.
Russian Defense Ministry/Handout/Anadolu Agency via Getty Images

Markets, MI Exclusive, Russia, russia economy, Russian Oil, Sanctions, Ukraine War

China and India 'launder' Russian oil and resell it to Western nations that sanctioned Moscow, study says

Wed, 04/19/2023 - 09:25

putin russia — Russian President Vladimir Putin.
Sergei Karpukh/Reuters

Markets, MI Exclusive, Russia, Oil, Crude Oil, Ukraine War, Sanctions

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