Oil prices remained relatively stable on Monday despite heightened tensions in the Middle East following a rocket attack in the Israeli-occupied Golan Heights. While the attack, attributed by Israel to Hezbollah, has raised fears of …
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Russia Slaps New Tariffs on Goods from “Unfriendly” Countries
Russia has announced increased import tariffs on consumer goods from countries that support sanctions against it. The tariffs, which take effect seven days after publication and will remain in place until December 31, 2024, target …
Continue readingKaspersky to Exit US Market Amid Security Concerns
Kaspersky Labs, the Russian cybersecurity firm, will wind down its US operations starting July 20. This follows the Biden administration’s decision to ban the sale of Kaspersky software in the US due to security concerns. …
Continue readingRussia Approves Tax Hikes to Fund War in Ukraine
Russia’s ongoing war in Ukraine has taken a significant toll on the country’s economy. To offset the financial strain and fuel its war effort, the Russian government has taken a drastic step: approving sweeping tax …
Continue readingRussia and India Deepen Ties Amidst Western Sanctions: Nuclear Power, Shipbuilding, and Payment Challenges
Amidst the backdrop of Western sanctions imposed on Russia due to the conflict in Ukraine, Moscow has been actively seeking to strengthen ties with “friendly” nations like India. This week, Prime Minister Narendra Modi’s two-day …
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