How billions in dollar, euro notes are entering Russia despite strict global sanctions: Report
Monday, 12 August 2024 () Since the 2022 export prohibition of US and EU banknotes to Russia, about $2.3 billion in dollars and euros were still sent to Russia, indicating ways to bypass sanctions. Data revealed cash shipments primarily from the UAE and Turkey. Despite Moscow's attempts to reduce reliance on hard currencies, foreign cash remains crucial for trade, travel, and savings for many Russians.
Prime Minister Narendra Modi's Russia visit showcases the strong bond between him and President Vladimir Putin, even as it raises concerns in the West. Despite Moscow's growing..
Despite sanctions, Russia presses to ship crude oil globally to finance its war in Ukraine, exploiting international waters like the Danish Strait as a transit point. The Danish government, under..
Russia has sent its first coal shipments to India via the International North-South Transport Corridor (INSTC), a 7,200km multimodal route connecting St. Petersburg to Mumbai. This move aims to bypass..
Monday, 12 August 2024 ()
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