News about Russia

The EU intends to propose a 21st round of sanctions against Russia, targeting the country’s banking and cryptocurrency networks, in order to increase the likelihood of a banking crisis and encourage Russia to engage in negotiations on a peace agreement.

The American Chamber of Commerce in Russia has an organizational structure related to the potential return of foreign businesses. There is “very cautious interest” on the part of the companies that have left

While the Latvian government is discussing how to implement the promised ban on trade with Russia, Russia itself can solve part of the problem.

Armenia is holding regular parliamentary elections. The citizens of the country will have to elect a new National Assembly for a five-year term. As a result of the elections, the government will be formed and the future Prime Minister of the country will be determined.

Armenia is holding regular elections to the National Assembly, the country’s parliament, on June 7. The vote is seen as one of the most important in recent years, as it will actually determine the future foreign policy course of the republic, relations with Russia and the West, as well as the consolidation of the course for a peaceful settlement with Azerbaijan.

The winner of the French Open tennis championship was 19-year-old Mirra Andreeva from Russia. In the women’s singles final, she defeated Poland’s Maja Chvalinska 6:3, 6:2.

Under sanctions pressure and after the freezing of new trials, Western pharmaceutical companies have not left the Russian market of innovative drugs. Pfizer stated that it continues to register new drugs in the country.

The average price of fourth-class wheat in Russia in the second quarter of 2026 amounted to 12.9 thousand rubles/t (152 euros/t). This is 22% less than a year ago. Such calculations are given by analysts of “Eiler” and Rosselkhozbank. According to Rosstat, in April, the price fell by 27.7% year-on-year – to Br12.2 thousand / t (144 euro / t).

The US president said that he expects Ukraine and Russia to make mutual compromises to resolve the conflict.

The analytical center Sovecon has adjusted its forecast for wheat exports in the season 2025/26. The forecast for the current season (ending June 30, 2026) has been reduced by 0.6 million tons – 46.8 million tons. Prior to this, the experts of the center twice – in March and April – revised their forecast for the outgoing season upwards.

According to a major Russian mineral fertilizer producer, the European Commission extended the measure, but did not prove that dumping by this company’s structures would continue after its cancellation.

German businesses that continue to operate in Russia are mostly in favor of resuming purchases of Russian oil and gas.

The European Union has started discussing possible ways to support Euroclear depository after the Russian court ruling on the recovery of losses related to the blocking of Russian assets.

Rosselkhoznadzor imposes temporary restrictions on the import of fresh tomatoes, cucumbers, peppers, green crops and strawberries originating and shipped from Armenia from May 30, 2026 “until the development of an appropriate algorithm to ensure the safety of shipped products”.

Today, May 28 in Astana, President of Kazakhstan Kasym-Jomart Tokayev and Russian President Vladimir Putin, who arrived in Kazakhstan on a state visit, signed a joint statement “On the seven foundations of friendship and good-neighborliness of the peoples of Kazakhstan and Russia”.

The EU has decided not yet to appoint a representative for possible talks on ending the war in Ukraine.

Former German Chancellor Angela Merkel admitted that the conflict in Ukraine might end only in ten years and expressed hope that by that time Ukraine would retain its independence and sovereignty.

European businesses that have remained in Russia have cooled sharply in their assessments of the immediate future of the Russian economy. Whereas a year ago half of the companies believed in growth, now only 17% do. At the same time, the number of those who expect the situation to worsen has almost doubled.

The Lithuanian Prosecutor General’s Office reports that unknown persons have copied 600,000 records from the database of the Center for State Registers. It is suspected to be a Russian intelligence operation.

The European Union has officially cut off access to the digital ruble and Russian-linked cryptocurrency platforms. On May 24, the 20th package of EU sanctions came into force, which for the first time imposes large-scale restrictions against Russian cryptoinfrastructure.