About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.
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Russia leverages ruble-backed stablecoin A7A5 to move over $100 billion beyond Western sanctions
Russia’s use of cryptocurrency to bypass Western sanctions has taken a dramatic turn with a ruble-pegged stablecoin called A7A5. This digital currency has processed over $100 billion in transactions ...
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Russia’s central bank cuts rates to 15.5% in fifth move since last year
Russia’s central bank dropped interest rates to 15.5% on Friday, the fifth cut since last year. Officials lowered rates by ...
Russia's oil giant Lukoil, sanctioned by Washington over the Ukraine war, said Thursday that it would sell its foreign assets to the US investment firm The Carlyle Group. At the end of October 2025, ...
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