Browsing: Russia

Russia’s electric power usage rose 1.4% in 2023 compared to the previous year, exceeding 1.121 trillion kilowatt hours, according to the latest data released by the Russian Power System Operator.

Chinese state-owned banks are tightening controls on servicing Russian clients after the US approved secondary sanctions on financial institutions found aiding Russia’s military-industrial complex, Bloomberg reported on Tuesday, citing people familiar with the matter.