New round of Western sanction against Russia will target seven individuals and 17 companies. They are meant to affect Moscow’s stance over the ongoing Ukrainian crisis. The individuals listed by the US Department of Treasury on Monday include Russian Deputy Prime Minister Dmitry Kozak, chair of the parliamentary commission on Foreign Affairs, Aleksey Pushkov, chief of presidential office, Vyacheslav... 

An ominous new report prepared by the Ministry of Finance (MoF) on President Putin’s order yesterday to accelerate the opening of the St. Petersburg Exchange (SPE), where prices for Russian oil and natural gas will be set in rubles instead of US dollars, is warning that this “catastrophic blow” to the petrodollar amounts to nothing less than “all-out war” against the West and that an “Armageddon...