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

Russian tech billionaire breaks silence, says he's horrified by Putin's 'barbaric' war in Ukraine

Tech Insider
Russia Vladimir Putin troops swords
Russian President Vladimir Putin addresses Russian military, National Guard, FSB, and Interior Ministry personnel at the Kremlin in Moscow.

SERGEI GUNEYEV/SPUTNIK/AFP via Getty Images

Ukraine is tracking Da Vincis and Warhols on the art market to stop sanctioned Russian oligarchs cashing in by selling their assets

Tech Insider
A composite image showing, left, Auguste Rodin's bronze
L: Rodin's "The Thinker." R: Andy Warhol's "Marilyn" screenprints.

Timothy Clary/AFP / Sefa Karacan/Anadolu Agency via Getty Images

China's economy is sputtering as the nation's exports hit their lowest level in over 3 years

Tech Insider : Economy
forbidden city china

Shutterstock.com

The wartime economy is making Russians hoard cold hard cash more than ever — the money in circulation reached a record $187 billion in June

Tech Insider : Economy, Politics
A vendor counts Russian rouble banknotes at a market in Saint Petersburg
Russians are hoarding more cash amid the war.

Reuters

The UK has slapped so many sanctions on Russian oligarchs, authorities are struggling to keep up with their applications to pay at supermarkets, florists, and yoga studios

Tech Insider : Economy
A shopper walks through the fresh meat aisle in a branch of Waitrose in south London.
The UK has slapped so many sanctions on Russian oligarchs, authorities are struggling to keep up with their applications to pay at supermarkets, florists, and yoga studios.

Aaron Chown/PA Images/Getty Images

Subscribe to Sanctions