US EditionRussia's top regulator tells Putin how companies outmaneuver Western sanctions
4 Articles
4 Articles
The main financial supervision body of Russia has provided very little details about how companies in the country are raising the heavy sanctions imposed by the West, reports Business Insider. Yury Cihancin, head of the Federal Financial Supervisory Service...
Russia's top regulator tells Putin how companies outmaneuver Western sanctions
A top regulator explained to Vladimir Putin how Russian companies use strategies to bypass sanctions.Getty ImagesRussia is using gold and crypto to bypass Western sanctions, a top regulator said on Tuesday."Netting" is another offbeat way Russia is using to beat sweeping sanctions.Russia's economy faces challenges, with a potential recession and slowing GDP growth.Russia's top financial watchdog has offered a rare glimpse into how the country's …
Although the Russian economy weakens, Western sanctions do not hit the Kremlin as hard as hoped. Why, expert Alexander Kolyandr explains.
Russia's economic growth has been surprisingly strong in recent years, despite being isolated from cooperation with Western countries and facing severe sanctions. Russia's GDP grew by about 3.5 percent per year in 2023 and 2024.
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