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Chinese companies invest in occupied Ukrainian territories amid Russia’s financial struggles
Several private Chinese companies have begun operations in temporarily occupied areas of Ukraine, supplying essential equipment and helping rebuild destroyed factories, reports NV, suggesting that these business activities likely have the backing of the Chinese Communist Party. Chinese entrepreneurs from varying sectors such as energy, agriculture, and light industry are traveling to these regions to form joint Chinese-Russian companies and are actively seeking local workers.
"Currently, …
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Russia faces looming fuel shortage as railway network falters amid war and sanctions
In Russia, the economic landscape is facing a formidable challenge: the country’s railway network is failing to manage the crucial transportation of oil and petroleum products, potentially leading to a gasoline shortage across the nation. The Russian newspaper Kommersant reports that Russian Railways (RZD) is struggling with the dispatch of fuel tanks, raising the threat of supply disruptions in the domestic market. Oil powerhouses "Rosneft" and "Gazprom Neft" have already sounded the alarm …
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Russia expands military presence in Libya following Syrian regime collapse
Following the Syrian regime collapse on December 8, 2024, Russia has stepped up its military presence in Libya, where Marshal Khalifa Haftar is a key ally, controlling eastern and southern parts of the country, reports Le Monde.
According to diplomatic sources cited by the French publication, Russian cargo planes are landing at the al-Khadim and al-Jufra bases an average of four times a week. Le Monde highlights ongoing restoration efforts at the Maaten al-Sarra airbase in southeastern Libya, …
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Ukraine unveils key individuals behind Russia's sanction-evading 'shadow fleet'
The Main Intelligence Directorate of Ukraine’s Ministry of Defense has released new data on the captains steering Russia's elusive "shadow" tanker fleet. Captains hold ultimate authority on a ship, possessing vital knowledge about its ownership, the value of its cargo, and the vessel’s conditions. According to this fresh disclosure on the War&Sanctions website, information about 57 captains and 45 vessels involved in transporting sanctioned oil is now in the public domain. Some of these tankers …
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Sudan and Russia finalize naval base agreement
Sudan's Foreign Minister Ali Yusuf Sharif announced that Sudan and Russia are is in full agreement on establishing a Russian naval base in Sudan.
This statement was made during a joint press conference with Russia's Foreign Minister Sergey Lavrov. The agreement for constructing the naval facility in Port Sudan was initially signed in 2020, with discussions starting as early as 2017.
The base is intended to host up to four Russian ships and no more than 300 personnel. The agreement faced …