Russia and China’s relationship keeps growing in ways that go far beyond oil and trade. Officials in Moscow highlight education and technology as key parts of their partnership. This goes against the idea that the two countries only work together because of pressure from the West. Their cooperation
Russia has sharply criticized Armenia for allowing Ukrainian President Volodymyr Zelenskiy to speak in Yerevan last week. During his visit, Zelenskiy warned that Russian leaders might face drone threats over Red Square during Moscow’s Victory Day parade on May 9—a claim Moscow dismissed as reckless.
Russia plans to buy foreign cash for the first time since the Ukraine war began, but not as much as experts thought it would. The government will spend 110. 3 billion roubles—mostly in Chinese yuan—between May 8 and June 4 to top up its rainy-day fund. The idea is to keep the rouble from shooting up
Russian arms makers are now getting more than nine out of ten pieces of restricted equipment from China. This shift follows tighter European controls that block many supply routes, pushing Moscow to look eastward for support. The share of Chinese‑supplied tech has risen from roughly eight out of
European banks are stepping into the crypto world, but they’re doing it in a way that keeps customers inside familiar systems. The first big move happened in Belgium when KBC, the country’s largest bank‑insurance group, let people trade Bitcoin and Ether on its own platform, Bolero. The key is that
Russia’s economy is showing clear signs of trouble as the war in Ukraine drags on. Policymakers in Moscow recently met to discuss shrinking capital markets and rising costs, with warnings that labor shortages could get worse. Inflation is climbing, production is slowing, and experts say the country’
Russia’s parliament has approved a new law that will be the country’s first official rules for digital money. The bill says crypto is property, so it can be used in court cases like bankruptcies and divorces. People who are not professional traders can only buy up to 300, 000 rubles a year. Profe
Russia says that European countries are making more drones for Ukraine. The defence ministry claims this pushes the conflict closer to Europe. It released a list of factories that it says build drones or parts for Ukraine, including sites in Britain, Germany, Spain, Italy, Israel and Poland.
Russian authorities say they have dismantled a large criminal network that stole more than 1 trillion rubles from the state. The money was taken through fake companies and bogus invoices. The group operated mainly in Moscow. Since 2023 it created over 4, 000 fake legal entities. These companies iss
European leaders have finally had enough of Donald Trump’s erratic behavior. After years of trying to smooth things over with polite words and empty promises, many now openly push back instead of bowing to his demands. Take French President Emmanuel Macron, for example. Earlier this year, he refuse
