Moscow has a greater safety margin than Brussels, a Russian Foreign Ministry official has said Moscow is ready for a vigorous standoff in the energy sector if the EU goes ahead with its plans to abandon Russian gas, oil and coal, a high-ranking Foreign Ministry official has said.

Vladimir Potanin spoke out against the idea of nationalizing foreign businesses amid a mass exodus of corporate giants Russia’s second-richest man Vladimir Potanin has spoken out against the idea of confiscating the assets of foreign corporate giants that have opted to quit the country. He said such actions could take the nation back to the…

Japan’s sushi restaurants are seeing a spike in seafood prices because of sanctions the country imposed on Russia, Nikkei Asia reported this week. One of the pricier sushi ingredients, crab, has become 20% more expensive in the last two weeks, the outlet reports, citing a fish merchant in Tokyo, who said that “the scramble for…