Bank of Russia proposes financial support for reservists

People mobilized for military service should be offered payment holidays on loans, the regulator says The Bank of Russia (CBR) recommended on Wednesday that banks and microfinance providers grant payment holidays on loans to military reservists called up under President Vladimir Putin’s decree on partial mobilization.

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Europe’s scramble for gas creates new energy threat – Bloomberg

Europe’s push to replace Russian oil and natural gas is causing a tanker shortage and may lead to Asian nations freezing this winter, Bloomberg reported on Monday. Liquefied natural gas, diesel and crude are now being transported to Europe from further away than usual, after the continent announced restrictions on energy imports from Russia. That…

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Russia cannot win nuclear conflict – NATO

NATO has told Moscow very clearly that Russia cannot win a nuclear war and has been amassing troops on its eastern border to “remove any room for miscalculation or misunderstanding,” the secretary general of the US-led bloc, Jens Stoltenberg, told Reuters on Wednesday.

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