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NEWS

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The kremlin Seeks Money in Fines

The government of the rf is preparing a large-scale increase in fines for economic offenses –from illegal entrepreneurship to tax evasion. Formally, the initiative is designed “to increase the effectiveness of punishment”, but the real goal is obvious: to replenish the depleted budget.
11/21/2025
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

The White House has approved a bill on “devastating sanctions” against russia, – said Senator Lindsey Graham. He added that US President Donald Trump personally asked Congress to push this bill forward.
11/21/2025
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The United States Has the Power to Ensure that Russia’s Willingness to End the War Becomes Serious – Address by the President

From the first days of the war, we have upheld one very simple position: Ukraine needs peace. A real peace – one that will not be broken by a third invasion. A dignified peace – with terms that respect our independence, our sovereignty, and the dignity of the Ukrainian people.
11/21/2025
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belarus Does Not Have the Funds to Repay Its Debts

The rb will need to allocate 17.7 billion belarusian rubles for repayment and 6 billion – for servicing its obligations, which amounts to about $8 billion at the current exchange rate. Because of this gap, reserves could quickly be depleted if only domestic sources are relied upon.
11/20/2025
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The rf’s Regions Plunging into a Budget Crisis: from the Urals to Chukotka, There Are Shortages of Money and Heat

In Chukotka, residents of several settlements report cold apartments because boiler rooms are saving coal. The temperature in some areas has already dropped to -6 °C, while fuel reserves are only a third of what is needed.
11/20/2025
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Every Fourth Company in russia Has Overdue Loans

The key reason is the record growth in debt burden. Companies spent more than 36 % of their profits on servicing loans, which is a historic high. At the same time, a significant portion of loans is not directed toward investment or development – businesses are increasingly taking out loans to cover old obligations and maintain a minimum level of liquidity. This model effectively tightens the financial noose.
11/20/2025
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

The US Department of the Treasury has imposed sanctions on five russians and seven organizations over “cybersecurity issues”. The new restrictions have been imposed on the basis of “regulatory actions regarding sanctions related to Ukraine and russia”, as well as the CAATSA law.
11/20/2025
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Statement by the President of Ukraine During the Joint Press Conference With the President of Türkiye

The war must end; there is no alternative to peace. Russia must understand that there can be no reward for war and killings, and Russia must not be left with the opportunity to start another similar war – against Ukraine or any other country in the region. We share the same view with Türkiye: peace and security must be guaranteed.
11/20/2025
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russia Has Lost Its Foothold in the Red Sea

russia has announced suspension of agreements on the creation of a naval logistics base in Port Sudan, citing the escalation of the civil conflict in the country. The base was to become russia’s first full-fledged naval facility in Africa after the collapse of the USSR.
11/19/2025
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russia’s Fashion Market Continues to Collapse: Brands Are Leaving and Offline Sales Are Plummeting

In the rf, the decline in clothing and footwear retail is accelerating amid recessionary trends, tax pressure, and sanctions. In the second quarter, this category accounted for 45 % of all store closures, and in the third quarter, it was already 54 %. moscow became the center of the biggest losses: 50 % of clothing, footwear, and accessory store closures occurred there.
11/19/2025
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The New BelNPP Power Unit Will Deepen minsk’s Debt Dependence on moscow

In fact, belarusians are paying both for electricity and for the loan to produce it. The new power unit will also be financed by russian debt, which will increase the burden on the budget and taxpayers.
11/19/2025
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Large Chinese state-owned companies have suspended purchases of russian ESPO oil, which accounts for the bulk of the rf’s sea exports to the PRC, following Washington’s imposition of sanctions against “Rosneft” and “Lukoil”. Some private refiners have also begun to avoid it.
11/19/2025
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Statement by the President of Ukraine During the Joint Press Briefing With the Prime Minister of Spain

EUR 1 billion each year – it’s a strong support. We are grateful for Spain’s willingness to make the contribution we have agreed on today, EUR 100 million to the PURL initiative – a program that allows us to purchase air defense missiles for our protection.
11/19/2025
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The Cheap Alcohol Market Is Growing in russia

Every year, about 10,000 people die from alcohol poisoning in russia, and over the past decade, there have been almost 408,000 cases of acute alcohol poisoning. Mass tragedies continue to occur: in Saratov region, there have already been 126 deaths this year, and in Leningrad region – 49 in a single incident.
11/18/2025
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russia’s Economy Is Cooling Down

russia’s metallurgical industry is gradually declining due to export restrictions, high key rates, and competition from Chinese manufacturers saturating the market with cheap products. This economic slowdown is already forcing the biggest players to curtail their investment programs.
11/18/2025
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Ukraine and France have signed a Declaration of Intent on Cooperation in the Acquisition of Defense Equipment for Ukraine. Primarily, it concerns 100 Rafale F4 aircraft for Ukraine’s combat aviation by 2035, SAMP/T air‑defense systems, air‑defense radars, air-to-air missiles, and aerial bombs.
11/18/2025
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Statement by the President of Ukraine During a Joint Press Conference with the President of France

Ukraine is not alone now, not on its own in its defense, and that is precisely why we can count on bringing this war to an end – because we have friends, and France is our friend – on bringing it to an end with dignity.
11/18/2025
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

“United Metallurgical Company” (OMK), one of russia’s largest manufacturers of metal products for energy, transport, and industry, is cutting back on investment programs due to declining demand for its products and the “complicated” situation in the russian metallurgical industry.
11/17/2025
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Statement by the President of Ukraine at a Joint Press Conference with the Prime Minister of Greece

Our agreements with Greece today are an important part of the large energy package we have prepared for this winter to ensure gas supplies to Ukraine. Gas supplies will begin already in January.
11/17/2025
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The Shadow Sector in russia Is Growing amid the Declining Purchasing Power

More and more entrepreneurs are avoiding registering transactions in cash register systems. This is a reaction to the russian government’s plans to reduce the income threshold for the simplified taxation system from $738,600 to $123,100 per year starting January 1, 2026.
11/16/2025