The U.S. announced fresh sanctions against hundreds of Chinese and Russian suppliers. The U. S. government announced fresh sanctions against Chinese and Russian suppliers on Wednesday, May 1.
Russia
Over $2.3 Billion US, EU Banknote Flowed to Russia Despite Sanctions
Around $2.3 billion in dollar and euro banknotes have entered Russia since March 2022, with the country circumventing US sanctions through intermediary countries.
Putin Approves Income Tax Increase for Russia's Wealthy as Ukraine Conflict Becomes Expensive
Putin endorsed and swiftly signed a law increasing taxes on Russia's wealthy to boost government revenues and stabilize finances due to the Ukraine conflict's US sanctions and military spending pressures.
Russia Tightens Hold on Grain Trade, Impacting Global Wheat Prices
Russia's stronghold on its grain industry, driven by government pressure and although worsened by geopolitical tensions, strengthens Moscow's control over global wheat supplies while complicating information access for traders.
Russian President Vladimir Putin's Deadly Space Weapon Capable of Destroying Satellites Now Targeting US Tech, Pentagon Warns
The Pentagon is alarmed as Vladimir Putin's newly launched satellite-killer weapon is reportedly tracking US technology in orbit, posing a significant threat to American space assets.
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Superyacht sales plunged in 2023 due to long wait times, rising costs, and the withdrawal of Russian oligarchs amid sanctions, but American buyers are stepping in.
Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.
Ukraine Will Lose War Against Russia if US Congress Continues to Block Military Aid, Zelenskyy Warns
Zelenskyy's statement comes as Republicans in Congress have blocked tens of billions of dollars in military assistance for Kyiv for months.
In what Kyiv described as the most devastating attacks against its energy infrastructure in two years of war, Russia pounded electrical power facilities in much of Ukraine on Friday.
Russian diesel fuel stranded at the sea was attributed to mostly Ukraine drone attacks on their oil refineries and heightened sanctions.
Ukraine has reportedly deployed 35 drones to target various locations in Russia, resulting in a fire at an oil refinery and disruptions to electricity supplies in border areas.
Russia's President Vladimir Putin could decide to increase taxes after this month's election to fund the country's war in Ukraine.
Putin's nuclear warning amid Ukraine crisis sparks global alarm. Escalating tensions prompts fears of catastrophic conflict, scrutiny of Russia's capabilities, and economic strain.
Russia's Central Election Commission (CEC) published the financial earnings of Russian President Vladimir Putin on Tuesday.
