Top Putin aide warns about future of energy industry

Global demand for oil and gas will eventually start to wane, Maksim Oreshkin has predicted The oil and gas sector is not the most promising part of the Russian economy as global demand for crude is expected to fall in the long term, Maksim Oreshkin, the top economic adviser to President Vladimir Putin, stated on…

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Ukraine warns of draconian measures to support crashing economy

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Russian tycoon loses $230 million art trial in US

Dmitry Rybolovlev had sued the auction house Sotheby’s for allegedly helping a dealer defraud him A New York jury has ruled against Russian billionaire Dmitry Rybolovlev in a high-profile court case the businessman brought against art auction house Sotheby’s, which he accused of aiding and abetting fraud.

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