War-weary Russian banks are now urgently seeking state bailouts as a growing mountain of bad loans accumulates under relentless economic pressure. This troubling development shines a spotlight on the deepening financial crisis within Russia’s banking sector, raising serious alarms about its overall stability
The Atlantic Council explores five key questions about the EU’s latest sanctions targeting Nord Stream, Russian banks, and oil exports, uncovering their profound impact on Europe’s energy security and Moscow’s financial power centers
The EU has unleashed a bold new wave of sanctions targeting Russia’s crucial economic lifelines, focusing sharply on energy exports and key financial institutions. This decisive move intensifies the pressure amid rising tensions, signaling Brussels’ unwavering resolve and stronger stance than ever before
A crypto CEO is at the center of a massive $500 million money laundering scandal tied to sanctioned Russian banks, CNBC reveals. Authorities are diving deep into complex schemes that reportedly aimed to bypass financial restrictions amid rising geopolitical tensions
