Russia – Page 4 – NATURALDEPOSIT

Britain Imposes New Sanctions on Russia, Focusing on Energy Sector and Grain Theft

In a concerted effort to respond to Russia’s actions and support Ukraine, Britain has announced a fresh wave of sanctions targeting specific sectors and individuals. The sanctions were unveiled during the G7 summit held in Japan over the weekend, with the United States and other G7 members joining forces to impose measures including export controls. …

Britain Imposes New Sanctions on Russia, Focusing on Energy Sector and Grain Theft Read More »

people walking on concrete road with mid rise buildings under clouded sky

Germany Warns EU Against Targeting China in Sanctions Against Russia

News

Germany has cautioned the European Union (EU) against including China as a target of new sanctions on Russia in response to the ongoing Russian invasion of Ukraine. According to five diplomatic sources, Germany expressed its concerns during initial discussions on the proposed sanctions. The EU is currently deliberating its eleventh round of sanctions against Russia …

Germany Warns EU Against Targeting China in Sanctions Against Russia Read More »

UN Commends Russia’s Extension of Grain Export Agreement from Ukraine via Black Sea

News

The Secretary-General of the United Nations (UN) has expressed appreciation for Russia’s decision to extend the Black Sea Grain Initiative, allowing for the continued export of Ukrainian grain and other agricultural products through the ports in the Black Sea region. In a statement, the UN Secretary-General acknowledged the positive progress made and welcomed the confirmation …

UN Commends Russia’s Extension of Grain Export Agreement from Ukraine via Black Sea Read More »

Russia’s Economy Shrinks 2.2% in Q1 2023

News

According to the Ministry of Economy of the Russian Federation, the Russian economy shrank 2.2% in the first quarter of 2023 compared to the same period last year. This is in contrast to the 3% growth experienced in Q1 2022. The Russian economy also contracted by 1.1% in March compared to the same month last …

Russia’s Economy Shrinks 2.2% in Q1 2023 Read More »

India to Overthrow Russia as Europe’s Main Supplier of Refined Fuels

News

India is poised to become Europe’s largest supplier of refined fuels, surpassing Russia, despite the EU ban on crude oil and refined fuels from Russia. Taking advantage of record low prices, India bought Russian crude and refined it into fuels such as diesel, which it then exported to Europe at higher prices. Europe benefits from …

India to Overthrow Russia as Europe’s Main Supplier of Refined Fuels Read More »

Russia Says OPEC+ Does Not Foresee the Need for More Oil Production Cuts

News

According to the Deputy Prime Minister of Russia, OPEC+ oil-producing countries do not foresee the need for further cuts in crude oil production. Despite lower than expected Chinese demand, the policy on oil production by OPEC+ has not changed. Russia has achieved its oil production target for this month after announcing a production cut of …

Russia Says OPEC+ Does Not Foresee the Need for More Oil Production Cuts Read More »

Russia Slams UN for Not Fixing Grain Exports, Blaming Western Nations for Obstruction

News

The Russian Foreign Minister expressed disappointment yesterday, stating that Russia had made little to no progress in reaching an agreement with the United Nations (UN) to address barriers to its grain and fertilizer exports. Furthermore, Russia blamed Western nations for obstructing the resolution of these issues. Russia has warned that if its demands to remove …

Russia Slams UN for Not Fixing Grain Exports, Blaming Western Nations for Obstruction Read More »

Iran and Russia Aim to Reduce US Influence on the Global Economy by Cutting US Dollar Spending

News

The Secretary General of Iran’s National Supreme Security Council (SNSC), Ali Shamkhani, has stated that weakening the US dollar’s role in the Middle East and international trade would reduce US influence on the global economy. During a meeting with Russian presidential aide Igor Levitin in Tehran on Sunday (April 9), Shamkhani highlighted that the process …

Iran and Russia Aim to Reduce US Influence on the Global Economy by Cutting US Dollar Spending Read More »

Turkey backs resolution of issues affecting Russian grain and fertilizer exports

News

The Turkish Foreign Minister, Mevlut Cavusoglu, has called for the resolution of problems that are currently impeding Russian grain and fertilizer exports. Cavusoglu made the call during a joint news conference with his Russian counterpart, Sergei Lavrov. The Turkish Foreign Minister expressed his country’s support for extending the Black Sea grain export agreement but stated …

Turkey backs resolution of issues affecting Russian grain and fertilizer exports Read More »

OPEC+ Members Announce Voluntary Production Cuts to Support Oil Market Stability

Markets

OPEC+ members, including Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Iraq, Oman, and Algeria, have announced voluntary production cuts to support the stability of the oil market. State media reports that Saudi Arabia will cut its output by 500,000 barrels per day (bpd) from May until the end of 2023, with Russia following suit …

OPEC+ Members Announce Voluntary Production Cuts to Support Oil Market Stability Read More »