Chinese exports to Russia soared in August despite Western sanctions targeting the Russian economy, the news outlet RBK reported this week, citing official Chinese customs data. According to the report, shipments from China to Russia last month reached roughly $7.9 billion, an increase of 26.7% from last August ($6.3 billion). China’s General Administration of Customs…

Washington has published guidance on the price cap, but its level remains unknown US companies will be allowed to buy seaborne Russian oil if they adhere to the price ceiling agreed by allied countries, the US Treasury’s Office of Foreign Assets Control (OFAC) said in preliminary guidance published on Friday.

Security situation remains “difficult” in Serbian capital, President Aleksandar Vucic says The international EuroPride parade, set to be held in Belgrade this year, isn’t going ahead, Serbian President Aleksandar Vucic has reiterated, citing safety concerns as reasons for the decision.