Russia

THINKING ALOUD

Space race tightening for the spoils of the moon

Estimates put the current space economy at about US$600 billion

Indonesian President Prabowo Subianto and Russian President Vladimir Putin met at the Kremlin in Moscow on April 13.

As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?

Moscow has much to gain as fuel exports to the region will result in hard currency and alternative markets

The temporary authorisation, which applies to Russian crude that would otherwise be sanctioned, comes after a previous waiver expired Apr 11.

US again allows more Russian oil sales to help control prices amid Iran war

[LOS ANGELES] The US on Friday (Apr 17) issued a licence letting countries buy more Russian oil that’s already been loaded on tankers, part of the White House’s push to prevent prices from surging.

Deutsche Bank has invested heavily in controls after being criticised for lapses.

Deutsche Bank reports itself to regulator over Russian clients

The decision comes following an internal task force uncovering instances of Russian retail-client deposits

Members of the Investigative Committee of the Russian Federation said on Wednesday that the group is suspected to have created more than 4,000 fictitious and legal entities since 2023.

Russian investigators crack suspected crime ring behind 1 trillion rouble tax fraud

The losses by the state’s coffers come to light just as Moscow is trying to plug the budget deficit in the country’s wartime economy

Russia’s main revenue from its vast oil and gas industry is based on production.

Iran war to double Russia’s main oil revenue to 700 billion roubles in April

A calculation by Reuters suggests this is the first evidence of a windfall for the country from the conflict

The 15-member Security Council voted 11 in favour of the resolution presented by Bahrain, with two against – China and Russia – and two abstentions.

China and Russia veto UN resolution on protecting Hormuz shipping

Oil prices have surged since the US and Israel struck Iran at the end of February

As permanent UN Security Council members, China and Russia should “adopt an objective and balanced approach and seek to win greater understanding and support from the international community”, said China Foreign Minister Wang Yi.

China ready to cooperate with Russia to ease Middle East tension, foreign minister says

Move comes ahead of a UN Security Council vote next week on a Bahraini resolution to protect commercial shipping in and around the Strait of Hormuz

Indonesia’s crude imports from Saudi Arabia plunged to 23,000 barrels per day in March, down from 104,000 bpd in February.

Indonesia eyes oil purchases from Russia

Indonesia is preparing budget cuts for some government programmes if the global oil price remains high

Trade documents show that Skyhub Technologies is Thailand’s second-biggest importer of unmanned aerial vehicles from China.

China’s drone exports to Russia use a new route through Thailand

Chinese-made technology is routinely found on the battlefield in Ukraine