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Hidden sanctions on Russian grain could spark global famine – official

Western businesses have been forced to reject Russian imports despite the official positions of governments, a grain union says Russian grain exporters have been hit by indirect sanctions, as Western businesses were unable to provide services critical to the industry, the head of the Russian Union of Grain Exporters has said in an interview with…

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Russian e-commerce giant reports huge revenue jump

Russian online retailer Ozon has reported impressive revenue growth for 2022, despite sanctions and a devastating fire which destroyed a packing warehouse. Total revenue leapt 55% year-on-year to 277.1 billion rubles ($3.4 billion), the company said in a statement published on Thursday, citing unaudited financial results.

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China launches military drills around Taiwan

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