Washington— President Biden signed an executive order giving the Treasury Department the authority to target financial institutions that facilitate Russia's efforts to bolster its defense industry. The new sanctions authority is meant to gum up the Kremlin's push to restock the Russian military's de...
The new sanctions authority is meant to gum up the Kremlin's push to restock the Russian military's depleted arsenal after nearly 22 months of fighting in Ukraine. Russia has already lost over 13,000 pieces of equipment, including tanks, drones and missile systems, according to a U.S. asse...
Tracking developments in the Russian military June 26, 2023 How Advanced Is Russian-Chinese Military Cooperation? Reposting an article that was published today onWar on the Rocks. Co-authored with Elizabeth Wishnick, Paul Schwartz, and Brian Waidelich. ...
The Russian Federation has come back on the international scene, in the past years, thanks to its economic expansion and its political stability. The defence sector, a pillar of the Soviet regime, takes advantage of this situation and is receiving increasing funds, although the fraction of the ...
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This new wave of sanctions comes on the heels of Russia’s increased military spending, which directly contributed toits 2.2% GDP growth in 2023(opens a new window), according to the IMF, despite the sanctions imposed by the U.S., U.K., and EU since 2022. ...
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As of 2022, NATO reported that seven of what are now 31 NATO member countries were meeting that obligation — up from three in 2014. Russia's 2022 invasion of Ukraine has spurred additional military spending by some NATO members. Trump has often tried to take credit for that increase, and...
Japan’s military-political weight has been growing on the international scene, which has been particularly evident in the early 2020s. Before 2022, Russia saw Japan both as an important foothold in East Asia and as a partner with whom strong ties would make it possible to build a more bala...
Spending by leading Russian oil firms Rosneft,Lukoil and Gazpromneft should be largely stable,or only marginally higher next year.The companies registered a significant improvement in their financial performance in the first nine months of 2018,because of higher oil prices for most of the period,and...