Russia's business elites signal they are tired of propping up the wartime economy

Tech Insider : Economy, Economy
Vladimir Putin
Russia's central bank is expected to hike interest rates on Friday.

Getty Images

The long tale of the yacht linked to a Russian oligarch and abandoned in the Caribbean for more than 2 years finally draws to a close

Tech Insider
Alfa Nero in Venice, Italy.
The Alfa Nero just sold for $40 million.

VWPICS/Nano Calvo/Universal Images Group/Getty Images

US sanctions have tanked Russian semi-chip imports from China and Hong Kong, new data shows

Tech Insider : Economy
Xi, Putin
Russian President Vladimir Putin and Chinese President Xi Jinping enter the hall for Russian-Chinese talks on May 16, 2024 in Beijing, China. Russian President Putin is on a two-day visit to China.

Contributor via Getty Images

Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months

Tech Insider : Economy, Economy
Former Lukoil President Vagit Alekperov and Russian President Vladimir Putin.
Former Lukoil President Vagit Alekperov, who pocketed the most dividends from January 2023 to March 2024, and Russian President Vladimir Putin.

Mikhail Svetlov/Getty Images

A NATO country says its warship was harassed by 2 Chinese fighter jets as it enforced sanctions on North Korea

Tech Insider
HNLMS Tromp frigate
A photo of the HNLMS Tromp frigate shared by the Netherlands' Ministry of Defense on June 7, 2024.

The Netherlands' Ministry of Defense

China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.

Tech Insider : Economy, Economy
Several 100 yuan banknotes and a $100 bill.
China is playing defense more than offense in its international promotion of the Chinese yuan, a researcher says.

Sheldon Cooper/SOPA Images/LightRocket/Getty Images

The West can't completely isolate Russian banks because it would be disastrous beyond Russia

Tech Insider : Economy, Economy
Vladimir Putin
Russian President Vladimir Putin.

Getty Images

A massive remote-work scam fooled 300 US companies into hiring North Koreans, prosecutors say

Tech Insider
Cropped shot of woman's hand typing on computer keyboard in the dark, working late on laptop at home
Cropped shot of woman's hand typing on computer keyboard in the dark, working late on laptop at home.

d3sign/Getty Images

Neither Russia nor China wants the Ukraine war to end, but for different reasons

Tech Insider : Politics, Economy
Vladimir Putin shaking hands with Xi Jinping for a photo in front of Russian and Chinese flags.
Russian President Vladimir Putin meeting China's leader, Xi Jinping, in Beijing on Thursday.

Kremlin/Handout/Reuters

Putin's latest political move shows Russia's wartime economy is here to stay

Tech Insider : Economy, Economy
Russian President Vladimir Putin and Andrey Belousov in 2017.
Russian President Vladimir Putin and Andrey Belousov in 2017.

Mikhail Svetlov/Getty Images

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