EU officials say sanctions against Russia have had 'hard tangible effects,' and that the country's future is bleak

Tech Insider : Economy
putin

Alexei Druzhinin/Reuters

Russian tech billionaire wants sanctions lifted after he criticized Ukraine invasion, report says

Tech Insider
Russian president Vladimir Putin, in a blazer with a red tie, stands next to Yandex CEO Arkady Volozh, in a blazer and white shirt, while he speaks and gesticulates with his hands.
Russian president Vladimir Putin and Yandex CEO Arkady Volozh.

Mikhail Svetlov/Getty Images

Heineken finally cuts ties with Russia 18 months after the Ukraine invasion

Tech Insider
A composite image of Heineken trucks, Russian President Vladimir Putin
Heineken trucks, and Russian President Vladimir Putin.

AP/Getty Images

The sanctions against Russia aren't working, says the foreign minister of Germany

Tech Insider : Economy
Annalena Baerbock, German Foreign Minister.
Annalena Baerbock, German Foreign Minister.

Florian Gaertner/Photothek/Getty Images

Russian oil still relies heavily on Western-backed ships despite breaching the price cap

Tech Insider
Oil terminal ship in Russia

papa1266/Getty Images

Russia's so desperate to get its billionaires and their massive wealth back that it just threatened to seize the assets of an oligarch worth $13 billion

Tech Insider : Economy, Politics, Economy
Andrey Melnichenko
Andrey Melnichenko is worth $13 billion.

Maxim Shemetov/Reuters

'Neutral' China is supplying Putin's forces with helicopters, drones, and crucial raw materials, report says

Tech Insider
Russian President Vladimir Putin and Chinese President Xi Jinping attend a reception in Moscow
Russian President Vladimir Putin and Chinese President Xi Jinping.

REUTERS

The Kremlin's top brass are trying to pass the buck over the ruble's collapse. This rare public infighting shows just how precarious Russia's wartime economy is.

Tech Insider : Economy, Politics
Russian President Vladimir Putin meets with Central Bank Governor Elvira Nabiullina outside Moscow, Russia October 27, 2017.
The Kremlin's top brass are trying to pass the buck over the ruble's collapse. This rare public infighting shows just how precarious Russia's wartime economy is.

Sputnik/Alexei Nikolskiy/Kremlin/Reuters

Moscow banned 2 major Swiss banks from selling shares in its subsidiaries after a Russian bank said it would lose money from their exit

Tech Insider : Economy, Politics
UBS sign
Moscow banned 2 major Swiss banks from disposing of shares in its subsidiaries after a Russian bank said it would lose money from the exit.

Getty Images

Russian oil smashes through the G7 price cap as crude exports in July hit the highest level of 2023

Tech Insider
Oil terminal ship in Russia

papa1266/Getty Images

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