US senators look to impose new sanctions on Russia and to tie Trump’s hands

US senators  yesterday reached an agreement on  the wording of new draft  legislation  that could result…

Obama hits Trump with new Russian sanctions and Arctic drilling ban

Outgoing US President Barack  Obama this week did his best  to thwart his successor Donald Trump’s…

Tusk expects Russian sanctions to be extended – but for how long?

Russian sanctions: The odds are stacked in favour of  Brussels extending its programme of  sanctions  against Russia…

Naftogaz sues Russia for $2.6bn

Naftogaz, Ukraine’s state-run oil and gas enterprise, has filed a lawsuit against Russia in the international courts…

Moscow cuts gas supplies to Ukraine as Crimean blackout continues

Russia has stopped gas supplies to Ukraine because Kiev has defaulted on a prepayment deal, Gazprom…

Russia to commission $830m Kerch Strait electric cable

Russia’s Energy Ministry has given the go-ahead for the construction of an $830m  electric cable along the…

China looks to grow tobacco in Crimea

A delegation of Chinese businessmen has been discussing the possibility of growing tobacco in Crimea to…

Medvedev compares annexation of Crimea to return of Hong Kong to China

For many Russians, last year’s annexation of Crimea represented “the restoration of historic justice” and was of equal…

Crimea nationalises Kerch Strait cargo port from Altcom

Crimea nationalises Kerch Strait cargo port: Crime’s  State Council announced on Friday that it had appropriated the…

Ukrtelecom Crimean network disabled as recriminations fly

Ukrtelecom Crimean network disabled: Ukrtelecom, which until yesterday boasted 80% of Crimea’s fixed-line subscribers as its…

Visa and Mastercard to resume Crimean services in April

Visa and Mastercard will resume business in Crimea as usual in April once their transactions start going…

eBay joins Crimean exodus with apologies

eBay has announced it is impossible to organise a full-fledged operation of its service in the Crimea and…

Russian tourist sector set to be one of few winners from rouble crash

Russian tourist sector: With a debilitated rouble making the cost of an overseas holiday becoming increasingly…

Crimean bridge contract goes to Putin ally Rotenberg

Crimean bridge contract: SGM, the construction and civil engineering owned by billionaire and Putin ally Arkady…

Google Adsense suspends services in Crimea

Google Adsense last week became the latest Western service to comply with sanctions on Russia by blocking…

Apple rescinds contracts with Crimean software developers

Apple has unilaterally terminated cooperation contracts with Crimean-based software developers, according to one of them. Maxim Serdyuk is claiming…

Kerch Strait bridge contract goes to Rotenberg

Kerch Strait bridge contract:  Arkady Rotenberg’s Stroygazmntazh (SGM)  looks to be on the point  of winning the…

Amway pulls out of Crimea in wake of new sanctions

Amway, the US-based producer of personal care products, household chemicals, cosmetics, and dietary supplements, is pulling…

Visa and Mastercard stop servicing Crimean card transactions

Visa and Mastercard have announced that they will no longer service card transactions executed in Crimea. “Due…

EU targets Crimea in new round of sanctions

EU targets Crimea: The EU  is targetting Crimea-based companies with  a new round of trade, investment and…

Crimean crossing could be funded by infrastructure bonds to take strain off budget

Crimean crossing: In an attempt to ease the strain on the Russia’s finances, the Central Bank…

Stroytransgaz to pull out of running for Kerch Bridge project

Stroytransgaz (STG), the Russian civil engineering and construction company owned by Putin ally Gennady Timchenko, is believed…

Crimean Special Economic Zone ratified by Putin

 Special Economic Zone: Russia’s  President Vladimir Putin last week signed a document officially ratifying the establishment…

Crimean railways investment plans increased by $3bn

Crimean railways investment: The Russian Ministry of Transport is proposing to invest a further RUB135bn in Crimea over the…