Russia faces isolation as key allies grow wary amid US sanctions

Russia faces isolation as key allies grow wary amid US sanctions

In a significant geopolitical shift, Russia is experiencing a growing sense of isolation as its longtime allies, including China, Turkey, the United Arab Emirates (UAE), and India, demonstrate increased caution in the face of escalating US sanctions. These sanctions, imposed in response to Russia’s ongoing war in Ukraine, have prompted these nations to reassess their … Read more

Midas touch: How Putin is using gold to defy Western sanctions on Russia

Midas touch: How Putin is using gold to defy Western sanctions on Russia

After its invasion of Ukraine, Russia has joined the rank of one of the most sanctioned nations. Yet, despite the imposition of over 16,000 sanctions by the global community, Russia’s economy and military spending continue to rise, with a reported growth of 3.6% in 2023 and an anticipated increase of 2.6% in 2024. As Ukrainian … Read more

PM Modi’s outreach to Putin helped prevent ‘potential nuclear attack’ on Ukraine: Report | India News

PM Modi's outreach to Putin helped prevent 'potential nuclear attack' on Ukraine: Report | India News

NEW DELHI: The United States reached out to Prime Minister Narendra Modi, among other world leaders, to seek his intervention to avert a potential nuclear strike by Russia as Moscow’s war against Ukraine raged in 2022, reported CNN citing two senior administration officials.Washington feared that the Kremlin could resort to nuclear attack, the first time … Read more

Russia: Russia puts spokesman for tech giant and Facebook owner Meta on wanted list

Russia: Russia puts spokesman for tech giant and Facebook owner Meta on wanted list

Russia has added the spokesman of US tech giant Meta, which owns Facebook and Instagram, to a wanted list, according to an online database maintained by the country’s interior ministry.Russian state agency Tass and independent news outlet Mediazona first reported on Andy Stone’s inclusion on the list on Sunday, weeks after Russian authorities in October … Read more

Oil companies look to tap $600 million dividend stuck in Russia to buy oil

Oil companies look to tap $600 million dividend stuck in Russia to buy oil

NEW DELHI: India’s state-run oil companies are examining the option of utilising about $600 million dividend income from investments in Russia to buy Russian oil as they are unable bring the money home due to western banking curbs on Moscow.“We are examining legal and financial implications of options to utilise the stranded money. We are … Read more

Zelenskyy says ‘war’ coming to Russia after Moscow drone attack

Zelenskyy says 'war' coming to Russia after Moscow drone attack

KYIV: Ukrainian President Volodymyr Zelenskyy warned on Sunday that “war” was coming to Russia after three Ukrainian drones were downed over Moscow. “Gradually, the war is returning to the territory of Russia — to its symbolic centres and military bases, and this is an inevitable, natural and absolutely fair process,” Zelenskyy said on a visit … Read more

No one has told India not to buy oil from Russia, says Union minister Hardeep Puri in Washington | India News

No one has told India not to buy oil from Russia, says Union minister Hardeep Puri in Washington | India News

NEW DELHI: The Indian government will continue to buy oil from wherever it has to and has a moral duty to provide energy to its citizens, Union minister of petroleum and natural gas Hardeep Singh Puri said on Friday, asserting that no country has told India to stop buying oil from Russia. “India will buy … Read more