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Full coverage: Russia

How Gazprombank (nearly) filled a €750m hole in the Irish balance sheet of Ikea’s retail arm

As it exited Russia, Ingka Group was set to lose multi-hundred-million-euro assets in the form of intercompany loans advanced out of Dublin. Then it cut a deal, only to find itself before a Moscow court.

Thomas Hubert
9th Jul, 2024 - 6 min read

Constantin Gurdgiev: If you think that rising energy prices are solely down to sanctions on Russia, it is time to think again

Yes, sanctions on Russia after its invasion of Ukraine have pushed up European energy prices. But the more you dig, the more you discover that the price surge goes beyond Moscow - and right back to Texas.

Constantin Gurdgiev
3rd Jul, 2024 - 6 min read

Peter Kinsella: How Russia overcame Western sanctions

Russia has managed to largely get around the sanctions regime because of its vast energy export network and its physical borders with many Asian and Central Asian countries, which are willing to act as conduits for the re-export of goods and services. 

Peter Kinsella
2nd Jul, 2024 - 5 min read

A full-throttled defence: Fighting a multi-billion Russian aviation claim

For seven days, the world's biggest aircraft lessors laid out their claims to recover losses on planes beached in Russia due to the war in Ukraine. From sanctions to settlements, the defendants will now argue why cover is being denied.

Francesca Comyn
20th Jun, 2024 - 7 min read

Black holes, fairground tricks and “catastrophic” losses: The epic Russia aviation suit begins

Global aircraft lessors are claiming billions in losses from aircraft detained in Russia following war sanctions. In a legal battle set to last six months, the Commercial Court got a first taste of why major insurers like Lloyds and AIG have declined cover.

Francesca Comyn
11th Jun, 2024 - 4 min read

Former MI6 chief: Cybersecurity failures pose a real threat to Ireland’s FDI success

The cyber attack on the HSE highlighted the vulnerability of the State’s cybersecurity defences. Ireland's success in attracting multinationals exposes it to significant reputational risk and it is up to the State to put the right protection in place.

Tom Lyons
21st Feb, 2024 - 8 min read

America has lost the Middle East. Now it’s the turn of Russia and China to move in

The US policy of "my way or the highway" has dramatically failed in the Gulf States as Russia and China become firmly embedded across the Middle East. The long-term consequences for the West are significant.

Constantin Gurdgiev
3rd Aug, 2023 - 7 min read

Investment firm co-founded by Russian oligarchs funds Dublin residential portfolio

Last year, LetterOne was forced to cut ties with some of its Russian founders following the invasion of Ukraine. It is now financing one of Ireland’s fastest-growing institutional landlords.

Thomas Hubert
23rd Jun, 2023 - 5 min read

The economic war on Russia – Part 4: How long can the Dragonbear sustain falling Russian investment?

The flight of Western capital from Russia since its invasion of Ukraine has so far been replaced with inflows from other partners led by China. The real threat for Moscow lies in the longer-term effects of shrinking investment.

Constantin Gurdgiev
3rd Apr, 2023 - 9 min read

The perils of war: the aviation sector’s billion dollar battle over beached Russian assets

They say their insurance policies were meant to pay out in 90 days for aeroplanes lost by acts of war. Yet nearly a year after Russia's full-scale invasion of Ukraine, some of the world's largest aircraft lessors are fighting tooth and nail for compensation.

Francesca Comyn
5th Jan, 2023 - 11 min read
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