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Topic

Economy

A collection of 596 issues

Russia is experiencing a sharp drop in oil production.

During the two weeks of April, oil production in Russia dropped by 7.4%, or 810 thousand barrels per day. The decline has been gradually increasing: by April 4, it was about 450 thousand barrels a day, and 10 days later it had doubled: 10.2 million barrels a day

Italy, Romania and Belgium announced the closure of their ports for Russian ships

The decision was taken as part of the implementation of the fifth package of EU sanctions.

French cosmetics retailer "L'Occitane" is closing all stores in Russia

French cosmetics retailer "L'Occitane" is closing all stores in Russia - the company's statement.

Polish President Andrzej Duda signed a law imposing an embargo on Russian coal.

Polish President Andrzej Duda signed a law imposing an embargo on Russian coal. In addition, the law provides for the possibility of freezing the assets of people who supported Russian aggression

The U.S. does not intend to return the seized assets to Russian businessmen later.

The U.S. does not intend to return the seized assets to Russian businessmen later. This is reported by the White House.

The Netherlands banned its companies from paying for Russian gas in rubles

The Netherlands banned its companies from paying for Russian gas in rubles - Bloomberg

Italian coffee producer Lavazza will cease operations in Russia

Italian coffee producer Lavazza will cease operations in Russia

Roman Abramovich's $7 billion in assets frozen

Roman Abramovich's $7 billion in assets frozen

Boeing competitor urged the West to ease some sanctions against Russia

Airbus claims that some sanctions will hit the West harder than they hit Russia itself.

The World Bank plans to provide financial support to Ukraine in the amount of $1.5 billion.

The World Bank plans to provide financial support to Ukraine in the amount of $1.5 billion.