The Latest Breaking News from Maria Shagina

In a bid to isolate Moscow, a new bill in the US Senate threatens to impose 500% tariffs on any country that buys Russian fossil fuels. If implemented as intended, the plan could ravage several EU countries.

With Russia's invasion of Ukraine entering its second year, questions over Turkey's equivocal approach to the conflict are likely to become more insistent. While Europe united in condemning Russia and swiftly imposed stringent sanctions on Moscow, Nato member Turkey took a more nuanced stance.

Moscow’s aggressive campaign of import substitution since 2014 has had mixed results at best, analysts say.

The first McDonald’s marked the embrace of capitalism in 1990 but the big brands have deserted in days

More aggressive moves from Washington could backfire on Europe, which depends on Russian energy.