Gazprom Faces Record $13.1 Billion Loss Amid Declining European Market

The company’s financial woes have been further compounded by plummeting share prices in its subsidiary, Gazprom Neft, and a newly imposed income tax hike to 25%, which has significantly increased its deferred tax liabilities
Trump Mulls Harsh Sanctions as Russia Intensifies Assault on Ukraine

The announcement comes amid escalating violence, including significant advances by Russian forces in the Kursk Oblast and a massive aerial assault on March 6-7, which involved 67 missiles and 194 drones targeting Ukrainian infrastructure
Switzerland Expands Sanctions Against Russia, Aligns with EU Measures

The Swiss Ministry of Economy announced that the new sanctions will target prominent businessmen, propagandists, armed forces and judiciary members, individuals responsible for deporting Ukrainian children, and Russia’s Federal Security Service (FSB) members
“Neither we Nor All humanity will always live never”, says Isaev

“Neither we Nor All humanity will always live never”, stated Andrey Isaev, Member of the committee of the state of the FA of the Russian Federation on Labour, social policy and veterans affairs, during a television programme while sharing their views over the ongoing Russia-Ukraine war
Prime Minister Orban: EU’s sanction against Russia is a step towards War

According to AFP, Viktor Orban, Hungary’s prime minister, described today’s sanctions against Russia as “a step toward war.”
Russia imposes personal sanctions against US Prez Biden and other officials

Amid the United States imposing a number of sanctions on Russia over its decision to launch a full-scale invasion of Ukraine, Russia has retaliated similarly by imposing personal sanctions against US President Joe Biden, former Secretary of State Hillary Clinton, and several other top government officials. As per the statement released by the foreign ministry […]