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In Russia, the first round of economic sanctions in response to Russia's 2022 invasion of Ukraine had an immediate effect. The Russian stock market crashed, falling 39%, as measured by the RTS Index, on 24 February, the first day of the invasion, recovering over 26% in the following day; however, on 28 February, a Monday, the Moscow stock ...
Russia’s gas revenues from supply sent via Ukraine to Europe will be worth $5 billion this year, according to Reuters estimates. In 2023, Russia shipped about 15 billion cubic meters of gas ...
For example, on 26 February 2022, a dam on the Irpin river near Kozarovichi village was destroyed by Russian troops, resulting in a flood that covered more than 10 kilometres (6.2 mi) and reached Horenka. [67] Any effects on the biodiversity of the Gulf of Odesa, Danube Delta, and Azov Sea, are yet to be estimated. [68]
Financial analysts described Russia's situation as unique, since it has extensive amounts of cash to fulfill its debt obligations. [343] [344] In late July 2022, the IMF upgraded Russia's GDP estimate by 2.5%, but some economists see a long-term problem for the Russian economy, and explain its resilience only by a short-term increase of energy ...
Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising global markets and said the ...
With the shocking mutiny by Russia's Wagner mercenaries put down for now, Moscow and Kyiv both work to calculate where their war goes from here. Crisis in Russia reverberates in the Ukraine war ...
Prime Minister Mark Rutte condemned Russia's actions in the "strongest possible terms", saying that "one country and one man are responsible", while calling for "maximum sanctions" against Russia. [196] King Willem-Alexander and Queen Máxima stated that their "hearts go out to the people of Ukraine and everyone affected by the violence."
The United States and United Kingdom unveiled what they say are the harshest sanctions targeted at Russia’s energy sector since Moscow’s troops began a nearly three-year-old war on Ukraine in ...