Western sanctions force Russia to cannibalise planes for spare parts

[ad_1] Russian airlines, including state-controlled Aeroflot, are stripping down aircraft to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The…

Russia approves crypto tax break to soften Western sanctions blow

[ad_1] Russian lawmakers on Tuesday approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax. Russia has long voiced scepticism of cryptocurrencies and…

Ukraine war: What more could the US do to tighten sanctions on Russia?

[ad_1] The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs, and Russian president Vladimir…

​EU sees a way to pay for Russian gas without breaching war sanctions

[ad_1] EU companies may be able to work around Russia’s demand to receive gas payments in roubles without breaching sanctions if they pay in euros or dollars which are then…

Could Russia’s frozen assets cover the rebuilding war-torn Ukraine?

[ad_1] The mounting economic damage to Ukraine from Russia’s ongoing bombardment has the US and its European allies speeding billions in aid to the beleaguered country – and looking for…

Kaspersky could be used in cyberattacks in Europe, German agency warns

[ad_1] Germany’s Federal Office for Information Security (BSI) has recommended users of Kaspersky antivirus software switch to an alternative over fears the Russian cybersecurity firm could be used to facilitate…

Crypto under fire for not blocking access to all Russian users

[ad_1] Cryptocurrency evangelists are on the defensive amid warnings from US and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed…