Us Russia

Donald Trump's return adds to Western firms' dilemma to exit from Russia

Russia tightened its exit terms in October to encourage businesses to stay, demanding discounts of at least 60 per cent on exit transactions and a 35 per cent 'voluntary contribution'

Russia, Iran sign comprehensive strategic pact amid Western sanctions

Russian President Vladimir Putin and his Iranian counterpart, Masoud Pezeshkian, signed a broad cooperation pact Friday as their countries deepened their partnership in the face of stinging Western sanctions. Russian and Iranian officials say the comprehensive strategic partnership treaty covers all areas - from trade and military cooperation to science, education and culture. Putin praised the deal as a real breakthrough, creating conditions for the stable and sustainable development of Russia, Iran and the entire region. He said the amount of trade and economic cooperation was still insufficient, voicing hope the new treaty will help clear bureaucratic hurdles and expand ties. The Russian leader added that the countries are trying to resolve technical obstacles to advance planned projects to ship Russian natural gas to Iran and build transport corridors to Iranian ports in the Gulf. Pezeshkian said the projects are feasible, adding that experts were working to resolve the remain

US issues fresh round of sanctions against Russia ahead of Trump's return

As part of the action, the Treasury imposed new curbs on almost 100 entities that were already under sanctions, potentially complicating any future efforts to remove the measures

US tightens Russia sanctions, warns biz of more penalties for partnerships

The official stressed that there are new sanctions on 15 companies related to Russia and China that have worked together to avoid existing sanctions

Oil prices rise 2% to 4-month high on impact of Russian sanctions

Analysts and energy traders said the sanctions will push China and India to source more crude from the Middle East, Africa and the Americas, boosting prices and shipping costs

White House imposes new export curbs on Nvidia AI chips for China, Russia

Similar to the rules for importing countries, companies in the US and nearly 20 allied countries can agree to US government standards and win permission to ship to the restricted nations

What if Trump follows in Putin's footsteps for Greenland, Panama Canal?

As the president-elect Trump and some of his team members warm up for the White House, they're speaking and behaving more like President Vladimir Putin's Russia by the day

Last-minute sanctions imposed on Russia to help Ukraine, says Biden

The United States on Friday imposed massive sanctions on Russia, targeting its energy sector, to help Ukraine maintain its independence and fight against Moscow, outgoing US President Joe Biden said Friday. Ten days before passing on the baton to Donald Trump, the Biden Administration on Friday slapped sanctions on scores of companies and entities that were helping Russia in its export of energy, in particular gas. Two of those companies were from India. The sanctions are imposed today because they will have a profound effect on the growth of the Russian economy and make it more difficult for Putin to conduct his wars. "It is probable that gas prices could increase as much as USD 0.03 to USD 0.04 a gallon, but that's going to have a more profound impact on Russia's ability to continue to act in the way it's acting in the conduct of war, Biden said in response to a question. I already decided that Putin's in tough shape right now. I think it's really important that he does not have

US to impose sanctions on Russian oil, Indian supplies may be hit

The sources said they understand that the new US sanctions would target more than 180 tankers shipping Russian oil and Russia-based maritime insurance service providers Ingosstrakh Insurance Company

Trump hosts Republican Guvs in Florida, says Putin wants to meet him

The president-elect also said that Russian President Vladimir Putin wants to meet, and we're setting it up

India attempts first space docking for lunar missions, eyes elite club

The initial docking attempt could take place by Jan. 7, S. Somanath, chairman of the Indian Space Research Organisation, said in an address after the launch on Monday

Russian official warns US on possible nuclear testing under Trump

During Trump's first 2017-2021 term as president, his administration discussed whether or not to conduct the first US nuclear test since 1992, the Washington Post reported in 2020

China's President Xi Jinping will visit Russia in 2025, says Russian envoy

China, working with Brazil, has put forward a peace plan for the Ukraine war, calling for a freezing of battle lines and taking into account the security interests of both sides

Russia's inflation at 9.5% amid rising prices of essentials, shows data

Inflationary expectations among households for the coming year also reached 13.9 per cent in December, the highest level since the beginning of the year

Russia never abandoned desire to normalise ties with US, says Putin

In an interview with Russian TV and radio outlet VGTRK, Putin said, "It is possible to do everything if there is desire. We have never abandoned this desire"

Russia targets Kyiv in response to Ukrainian strike using US-made weapons

Ukraine's air force said it intercepted five Iskander short-range ballistic missiles fired at the city

US effort to curb China, Russia's access to new chips 'inadequate': Report

The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been inadequate and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate's Permanent Subcommittee on Investigations. The Biden administration imposed export controls to limit the ability of China and Russia to access US-made chips after Russia's invasion of Ukraine nearly three years ago. The agency's Bureau of Industry and Security, according to the report, does not have the resources to enforce export controls and has been too reliant on US chip makers voluntarily complying with the rules. But the push for bolstering Commerce's export control enforcement comes as the incoming Trump administration says it is looking to dramatically reduce the size and scope of federal government. President-elect Donald Trump has tapped entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new Department

Kremlin praises Trump for criticising Ukraine's strikes in Russia

Trump criticised Ukraine's use of US-supplied missiles for attacks deep into Russia in a Time magazine interview published on Thursday, saying it was "crazy" because it escalated the war

Russia may soon launch another hypersonic missile at Ukraine: Warns US

Putin has claimed that the Oreshnik, or hazel tree, is impossible to intercept and that it has destructive power comparable to that of a nuclear weapon, even when fitted with a conventional warhead

Biden approves security memo to help Trump on China, Iran, N Korea, Russia

President Joe Biden has approved a new national security memorandum that is meant to serve as a roadmap for the incoming Trump administration as it looks to counter growing cooperation among China, Iran, North Korea and Russia, the White House said Wednesday. Biden administration officials began developing the guidance this summer. It was shaped to be a document that could help the next administration build its approach from day one on how it will go about dealing with the tightening relationships between the United States' most prominent adversaries and competitors, according to two senior administration officials. The officials, who spoke on the condition of anonymity under ground rules set by the White House, said the classified memorandum would not be made public because of the sensitivity of some of its findings. The document includes four broad recommendations: improving US government interagency cooperation, speeding up the sharing of information with allies about the four .