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EU tries to get agreement over line after months of talks, in effort to curb Kremlin fuel revenues
Western sanctions after invasion of Ukraine contribute to sharpest downturn since pandemic
Interest rate remains at 7.5% as policymakers end cycle of successive cuts
Co-ordinated reaction from western allies aims to punish Moscow for moves to annex parts of Ukraine
Central bank warns rates are unlikely to fall further in the months ahead
Russia is unbowed by sanctions, Russian president says in Kaliningrad
Hopes for Russia seem to lie in ruins but the last Soviet leader’s achievements were real
Loss of western technology and components will be crippling over time
Reduction of 150 basis points suggests central bank believes economy is weathering western sanctions better than feared
Cartel says it may need to produce 32mn barrels of crude per day by end of 2023
Bills to support military will increase control over businesses as Moscow aims to withstand sanctions pressure
Export controls placed on supply of chips and hardware over Ukraine war dent economy’s prospects
The US will provide Ukraine with longer-range rocket systems
Russian state oil group enjoys crude price boon even as production suffers
Russian president says Moscow could end blockade of Odesa if sanctions are lifted
Currency rally shows sanctions over invasion of Ukraine are cutting the country from global trade
Putin admits to ‘difficulties’ but says not all are linked to the war in Ukraine
Josep Borrell tells FT he wants discussion about methods of ensuring ‘war compensations’ from Russia
Doubts surface over decision to allow Gazprombank to remain on global payments system
Green light for tie-up of VTB with Otkritie and RNCB sign of looming consolidation and thwarted global ambitions
Think-tank says energy embargo would push most of region into recession
Network of shell companies, spies, cyber criminals and Chinese banks helps keep Pyongyang regime afloat
Planning highlights risk for western powers that sanctions reorder the international payments landscape
Western sanctions have cut off Moscow from nearly half of its foreign exchange holdings
The origins of the war in Ukraine lie in Russian economic stagnation, corruption and the president’s dwindling popularity
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