Russia’s lower-house State Duma on Wednesday approved amendments to the 2025 budget, forecasting a drop of more than $15 billion in revenues and a wider deficit due to falling oil and gas earnings.

Russia’s lower-house State Duma on Wednesday approved amendments to the 2025 budget, forecasting a drop of more than $15 billion in revenues and a wider deficit due to falling oil and gas earnings.

The Russian ruble tumbled sharply on Wednesday, erasing part of its recent gains as investors reacted to fresh concerns over Western sanctions and weakening oil export revenues.
The dollar surged nearly 3% in a few hours on the Moscow…



“A federal judge has temporarily blocked Trump’s…

A court in the Russian city of Pskov has placed politician Lev Shlosberg under house arrest for two months in connection with criminal charges of repeatedly “discrediting” the Russian army, according to the outlet Sotavision.
Shlosberg, the…

Russia’s Interior Ministry has put Meduza co-founder and publisher Galina Timchenko on its wanted list, the outlet Mediazona reported on Wednesday, citing the ministry’s official database.
The database entry states that Timchenko is “wanted…


“Our deal with China…

An Estonian court on Wednesday sentenced a journalist with past ties to Russian state media to six years in prison for treason.
The Harju County District Court found that Svetlana Burceva had…

A Russian military court has sentenced Leonid Volkov, the former chairman of Alexey Navalny’s Anti-Corruption Foundation, to 18 years in prison in absentia, Mediazona reports.
The court also fined Volkov two million rubles (about $25,300).
The…

A Russian military court has sentenced Danish citizen Annabelle Jorgensen in absentia to 26 years in prison and fined her 1.7 million rubles ($21,500) for fighting in the Ukrainian military, state media reported on Wednesday.
The court convicted…