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Hotels in Crimea have seen guest numbers fall by more than a third compared to last year amid Russia’s invasion of Ukraine.
Just half of all hotel rooms in the popular resort were filled in June, despite tour operators slashing prices, Russian news outlet RBC reported Wednesday.
The closure of the peninsula’s airport in Simferopol has reportedly b
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Read more: Crimea Sees Tourist Numbers Plummet Amid Ukraine War
Write comment (93 Comments)Updated at 10:20 a.m. on June 30 to add Norway's response.
Russian officials have voiced outrage and threatened retaliation after they said Norway blocked a shipment of essential goods, including food and medical supplies, destined for Russian miners on the Svalbard archipelago.
Norwegian authorities last month stopped two containers carrying 20
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Read more: Russia Hits Out at Norway Over Blocked Arctic Archipelago Access
Write comment (92 Comments)Satellite images and GPS data indicate that Russia could be exporting grain smuggled out of occupied Ukrainian territory, investigations by the BBC and the Financial Times have revealed.
Russia has been accused by Western powers of using food as a weapon in its war with Ukraine by targeting the country’s grain storage facilities and blockading i
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Read more: Investigations Uncover Russia’s Alleged Ukrainian Grain Smuggling
Write comment (93 Comments)Moscow said Wednesday that the NATO summit in Madrid served as proof the alliance was seeking to contain Russia and that it saw Finland and Sweden's NATO bids as a "destabilizing" factor.
"The summit in Madrid confirms and consolidates this bloc's policy of aggressive containment of Russia," Deputy Foreign Minister Sergei Ryabkov said, Russian news
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Read more: NATO Summit Proof Alliance Seeks To Contain Russia – Moscow
Write comment (94 Comments)Russia’s lower house of parliament has passed a new bill expanding the criteria for individuals and organizations who can be labeled “foreign agents.”
According to the new law passed by the State Duma, any organization “under foreign influence” can be listed as a “foreign agent,” barring them from activities such as receiving state financing, teachi
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Read more: Russia Expands 'Foreign Agents' Law to Target 'Foreign Influence'
Write comment (90 Comments)Russia's finance minister said Wednesday the government could use excess energy revenues for foreign currency interventions to rein in the ruble, which has surged to a seven-year high.
A strong ruble is not desirable for the Russian government, which fears it can hit budget revenues and exports.
Finance Minister Anton Siluanov said Russia was "ready
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Read more: Russia Mulls FX Interventions To Tame Ruble’s Rise
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