Business
China to become world's largest automobile exporter – data
China is set to overtake Japan as the top vehicle supplier on the global market, Nikkei reports
US pushing G7 to confiscate Russian assets – FT
Washington wants to develop a mechanism to use $300 billion in Russian assets, blocked by the West, to support Ukraine
Chemical industry new driver of Russian economy – minister
The Russian chemical sector significantly contributed to the economy in 2023, Moscow’s trade minister has said
EU aspirant admits it could import more Russian gas
Moldovan Energy Minister says Gazprom will be the state’s only gas supplier in case of better price compared to what the EU offers
2023 best year ever for Russian banks – media
Russian financial sector is set to end the year with record profits, central bank data shows
Dollar losing share in oil transactions – JP Morgan
Oil traders are gradually turning to non-dollar deals with the share of contracts in other currencies growing, analysts say
Google to settle $5bn lawsuit for tracking private activity
Google has agreed to settle a lawsuit claiming that its browser secretly tracked users’ private activity online
Defying sanctions and pivoting East: Here’s why the Russian economy not only survived, but grew in 2023
The Russian economy has shown strength and stability in the face of Western pressure
Russia warns West on 'boomerang effect' of confiscating assets
Moscow will seize US, EU, and other assets if the G7 confiscates $300 billion of Russia’s frozen reserves, spokesman Dmitry Peskov says
Ukraine requests emergency funding meeting – Bloomberg
Ukrainian Prime Minister Denis Shmygal has reportedly sent a letter to a fund-coordinating group, requesting emergency talks
EU states knowingly ‘de-industrializing’ – Gazprom
The artificial destruction of natural gas demand has led to de-industrialization in some EU countries, Gazprom CEO Aleksey Miller says
EU state blocks access to Russian internet giant
Yandex has been prohibited from operating in Latvia due to Western sanctions
Binance tells Russians to withdraw funds
Crypto exchange Binance has sent out notifications urging Russian users to withdraw funds by Friday as it prepares to leave the country
Western sanctions haven’t affected Russian aviation safety – Kommersant
Ukraine-related sanctions haven’t had a marked impact on the safety of Russian civil aviation, Kommersant reports
Era of cheap energy over – Germany’s grid agency boss
German consumers will continue paying high energy prices for years to come, according to the head of the Federal Network Agency
Moscow’s anti-sanctions tsarina: What a woman leading Russia’s Central Bank says about economic war with the West
The woman who became a nightmare for the architects of Western sanctions against Russia gives her first interview in two years