Kremlin has not been stopped in its tracks — but it does have sand in its gears
Poor regions such as Chuvashia experience a boom as Soviet factories are fired up again for the military
Despite sanctions, Russian companies are building more than a third of the new reactors around the world, which is gaining Moscow new friends
Shadowy buyers for Moscow’s defence industry source old western-made machinery
Leaders accuse Beijing of ‘enabling’ Ukraine conflict and consider more confrontational stance on its economic policies
Washington’s latest curbs force transactions in dollars or euros off central exchange
Measure will discourage financial institutions in countries such as China from doing business with Moscow
Power of Siberia 2 project would offer lifeline to exporter Gazprom as Moscow’s dependence on its neighbour grows
The private sector must play its part in hobbling Putin’s military-industrial complex
Moscow is leveraging a loophole allowing Belarusian car dealers to circumvent sanctions
Russian and Chinese leaders to meet while Moscow intensifies its war effort in Ukraine
Putin’s appointment of pliant technocrat indicates major shift in handling of Ukraine war
Belgium’s central securities depository Euroclear expected to start transferring money to bloc in July
Washington’s crackdown shows its leverage over global banking system
Fears of a hard landing may force the country to persist in militarisation
Figure represents a fourfold increase on prewar levels and comes as profits jump at European lenders still in the country
Commercial ties between the two powers appear to be catching up from an abnormally low base
Record profits at lender will bolster state coffers to help fund war on Ukraine
Satellite images shared exclusively with the Financial Times point to ‘arms-for-oil’ trade between Pyongyang and Moscow
Turnout in Moldova’s breakaway region of Transnistria was lowest in 18 years
Also in this newsletter: TikTok revenues in US hit $16bn, knock-back for Gaza ceasefire hopes, science round-up
Kyiv aims to ‘deprive the enemy of resources and reduce the flow of oil money and fuel’
Move will allow securities holders to claw back value of investments frozen over Vladimir Putin’s war in Ukraine
Russia’s largest state owned bank has benefited from soaring demand for consumer and corporate loans
Measures on eve of second anniversary of Ukraine invasion target war effort and attempts to get round oil cap rules