Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Norway will provide Ukraine with an additional 750 million Norwegian kroner (about $78.5 million) to support the functioning of the state amid a full-scale war. This was announced by Minister of International Development Åsmund Aukrust.

The United Kingdom will allocate 17 million pounds sterling for the repair of the Chornobyl Nuclear Power Plant’s containment structure.

Prime Minister of Estonia Kristen Michal has announced the allocation of an additional EUR 10 million for the PURL initiative, under which allies are purchasing US-made weapons for Ukraine.

The European Union has already provided EUR 228 billion in support of Ukraine since the start of russia’s full-scale invasion.

President of the European Parliament Roberta Metsola has stated that the European Union must increase pressure on russia, particularly through visa restrictions.

Germany has proposed restricting the validity of tourist visas that Schengen Zone countries continue to issue to russians.

EU High Representative for Foreign Affairs and Security Policy Kaja Kallas has supported the resumption of Ukrainian strikes on russian oil refineries, emphasizing that limiting russia’s oil revenues will help stop the financing of the war.

“I have publicly stated in Estonia that the sooner all russian oil refineries and facilities that enable the sale of energy carriers are completely destroyed, the better. Because russia is financing the war,” said Prime Minister of Estonia Kristen Michal. He has also reiterated the need to stop issuing visas to russians.

The Court of Arbitration for Sport (CAS) has rejected the russian curling federation’s appeal against the decision to extend the suspension of russian athletes from international competitions.

Poland barred russian karateka from participating in the World Youth Championships. The organizers did not register a single representative from the rf to participate in the tournament.

Lithuania has frozen the assets of russian oligarchs mikhail fridman and alisher usmanov as part of its national sanctions regime. This was announced by Minister of Foreign Affairs of Lithuania Kęstutis Budrys.

“A ceasefire is a two-way process. There is no such thing as a unilateral ceasefire, because if Ukraine stops attacking russian energy infrastructure while russia has complete freedom of action and continues its attacks on Ukraine’s energy sector, this will lead to the complete collapse of the war,” said President of Lithuania Gitanas Nausėda.

More than 70 Members of the European Parliament signed a letter to the members of the European Council calling on them to reaffirm their support for Ukraine and the impossibility of restoring economic ties with russia.

“We stand with Ukraine. We must support it in every way possible – militarily, financially, and economically. And that is exactly what we will do,” said Prime Minister of Luxembourg Luc Frieden.

“Europe must reaffirm its intention to open all negotiation clusters in response to Ukraine’s application for EU membership. This would send a powerful signal to Ukrainians that Europe is truly advancing their country on the path to membership,” said Prime Minister of Ireland Micheál Martin.

Withdrawing support for Ukraine would make Europe and NATO significantly more vulnerable. European countries need to ensure continued funding for Ukraine and reduce their dependence on foreign technologies, particularly in the field of satellite communications. This was stated by Prime Minister of Denmark Mette Frederiksen.

At least 20 citizens of Bangladesh have died during russia’s war against Ukraine after being lured to russia with promises of work, – stated  a special police unit in the country.

Silmet (Estonia), a manufacturer of rare and rare-earth metals, is phasing out russian raw materials.

Rising transportation costs and intensifying competition from Middle Eastern supplies are reducing the appeal of russian oil for Asian buyers. As a result, the discount on Urals crude at Baltic ports is increasing, while shipments from the region are declining. The discount for russian Urals crude at Baltic ports relative to Dated Brent for October 5–9 rose by $1.45 to $20.85 per barrel. Under these circumstances, Urals crude for delivery to the west coast of India in November fell by $4.75 to $134.44 per barrel. The prolonged rise in freight rates is also putting pressure on the price of Urals. The cost of transporting oil by a 100,000-ton deadweight tanker from primorsk to the west coast of India rose by $8.71 over the week, to $27.89 per barrel, and to northern Chinese ports – by $9.41, to $32.07 per barrel.

russia will continue to purchase petrol abroad at least until the end of 2026.

In russia, starting January 1, 2027, there are plans to increase “transneft”’s tariffs for oil transportation via main pipelines by 4.99%. Starting in January 2026, tariffs for “transneft”’s services related to the pumping of oil and petroleum products through other main pipeline systems were raised by an average of 5.1%.

Annual inflation in russia as of October 12 accelerated to 7.22% from 6.35% at the end of September.

Economic activity in russia slowed down in the third quarter. The decline in production capacity primarily affected the oil refining industry.

Investment activity among russian businesses continues to decline. In the third quarter, the balance of assessments of the current situation turned negative – businesses cited a lack of own funds (26.7%), weak demand (20.8%), and uncertainty regarding the country’s economic situation (25.8%) as the main obstacles to investment.

The threshold beyond which an increase in the tax burden negatively affects budget revenues has already been crossed, and the lack of investment is beginning to slow down russia’s economic growth. This was stated by president of “norilsk nickel” (a leading russian mining and metallurgical company) vladimir potanin. He said   that companies are already being taxed not only on money they have earned, but even on revenue they have not yet received. “You can’t collect taxes – to put it bluntly – in advance and on credit,” potanin emphasized.

The ministry of energy of the rf forecasts that coal companies’ losses in 2026 will amount to 300–310 billion rubles. The industry has been in crisis for the third consecutive year and has been incurring losses for the third year in a row. By the end of the year, the share of unprofitable enterprises in the coal industry will reach 70%.

In September, russia’s agricultural organizations sold by 26.4% less wheat than in September 2025.

The kremlin plans to change the taxation of sugar and confectionery products. Among the changes are the elimination of the preferential VAT rate on sugar and introduction of excise taxes on sweets. As a result,   sugar prices  could rise by 10%, prices for chocolate sweets – by 23.4%, and for  non-chocolate confectionery – by 19.6–41%.

Demand for luxury new-construction properties in moscow fell by 38.7% in the first three quarters of 2026 compared with the same period in 2025.

The krasnoyarsk territory plans to reduce the number of civil servants by 15%. The regional budget deficit stands at 55.49 billion rubles.

Amid blockades and rising prices for gadgets in russia, the number of visitors to computer clubs increased by 7.4% in the third quarter.

From 2021 to 2025, the labor shortage in russia’s labor market is being filled by people aged 55 and older. The potential for increasing the engagement of older employees “has already been largely exhausted”.