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.
From Dian Dian in Guinea to Aughinish Alumina in Limerick: Russian sanctions bite in shipping saga
An offshoot of Rusal, the parent company of Aughinish Alumina, is suing the Irish subsidiary of the Russian GTLK group for $20 million arising from the breakdown of a shipping deal, seemingly as a result of western sanctions.
As lessors contemplate aircraft losses, Russia’s largest bank sells its Irish aircraft leasing unit
Russia’s largest bank has sold its Irish aircraft leasing unit in the face of sanctions, with a new mystery backer appearing on its books. Meanwhile, Irish lessors threatened with the seizure of their Russian-based aircraft are combing through their insurance contracts.