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German court sides with sanctioned Russian billionaire

Alisher Usmanov won a milestone victory in litigation against Forbes magazine over allegations of ties to Vladimir Putin, which were later repeated by the EU The District Court of Hamburg in Germany has banned Forbes magazine from disseminating statements to the effect that Russian billionaire Alisher Usmanov “fronted for” President Vladimir Putin and “solved his business…

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2024 could be the year of Türkiye’s economic resurgence

Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews The financial landscape of 2024 presents a mixed bag – a potentially bullish year for emerging markets with the US Federal Reserve contemplating three interest rate cuts, yet the potential for this being overshadowed by high…

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EU won’t seize Russia’s assets – Reuters

The European Union is “unlikely” to confiscate the Russian Central Bank funds that are currently frozen due to Ukraine-related sanctions, Reuters reported on Tuesday. There is no agreement among the members for the risky move, senior bloc officials told the agency.

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