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Articles with tag "Sanctions"

Losing $300Bln in Frozen Assets Is a Price Worth Paying to Break Western Grip on Global Finance, Putin Says

He argued that Western appropriation of Russian funds would trigger an “irreversible trend toward the regionalization of payment systems.”

Russia Has Imported 1Bln Euros in Sanctioned Aircraft Parts Since 2022 – Yle

Russia has built a vast international network of 360 companies to bypass Western sanctions banning the sale of Airbus and Boeing parts to Russia, Yle reported...
2 Min read

Australia Sanctions Russian Pop Star Shaman

The new package of sanctions also targeted 36 other individuals and seven companies considered strategically important for Moscow’s war effort in Ukraine...
1 Min read

Sanctions-Busting Kyrgyz Cryptocurrency Moves $9 Bln – FT

The stablecoin, A7A5, is pegged to the ruble and backed by ruble deposits at Russia’s state-run Promsvyazbank.
2 Min read

Swiss Coach’s Controversial Move to CSKA Moscow Risks Violating Sanctions – Blick

CSKA’s owner, the state development corporation VEB, is under U.S., EU and Swiss sanctions for its role in helping finance Russia’s war economy.
2 Min read

Australia Sanctions Oil Tankers in Russia’s ‘Shadow Fleet’

Australia has imposed more than 1,400 sanctions on Russia over the February 2022 invasion of Ukraine.
1 Min read

EU Unveils More Details of Proposed Ban on Russian Gas Imports

Unlike previous sanctions, the ban would rely on trade and energy laws to restrict Russian gas — a move designed to bypass potential opposition from...
2 Min read

U.K. Tightens Sanctions on Russia’s ‘Shadow Fleet’

Britain’s latest asset freezes include Orion Star Group and Rosneft Marine (U.K.), both described as significant players in Russia’s energy sector...
2 Min read

Russian Ruble Dips After EU Unveils New Sanctions on Energy and Banks

Investors reacted to fresh concerns over Western sanctions and weakening oil export revenues.
3 Min read

Aeroflot to Build Jet Engine Repair Plant in 2028 as Sanctions Spark Concerns

The plant would be able to perform up to 70 major engine repairs per year, Aeroflot’s CEO said.
2 Min read

A Fashionable Scheme: The Belarusian Company Bringing Luxury Goods to Russia

The intermediary linked to a businessman close to Belarusian President Alexander Lukashenko reports artificially low prices in customs documents to circumvent...
4 Min read

Samsung Halts Use of Russian Metals for Tech Displays – Kommersant

The move by the South Korean brand reflects growing global caution about the risk of secondary sanctions.
2 Min read

Russia's Largest Shipping Firm Reports $393M Loss in Q1 as West Targets 'Shadow Fleet'

Sovcomflot linked the collapse in revenues to “unprecedented sanctions.”
2 Min read

Bank of Georgia Restricts Luxury Spending for Russian Cardholders

Visa and Mastercard transactions over $300, 300 euros or 300 British pounds are now restricted at “certain” luxury retailers abroad.
1 Min read
opinion Jason Corcoran

Trump-Putin Call Signals Risky Shift Toward Appeasement Through Trade

Russia is a huge market. But with Europe staying the course of sanctions, American countries looking to trade with Russia face enormous risks.
5 Min read

70% of Italian Firms Stayed in Russia Following Ukraine Invasion, Trade Official Says

Companies that stayed “are asking themselves whether it's worth staying or not,” the president of the Italian-Russian Chamber of Commerce said.
2 Min read

U.K. Unveils New Sanctions on Russia After Unprecedented Drone Attack

The fresh sanctions target “entities supporting Russia’s military machine, energy exports and information war,” the British Foreign Office said.
2 Min read

EU Likely to Propose Lowering G7 Price Cap on Russian Oil to $50 Per Barrel

European officials plan to recommend the lower price cap at a meeting of G7 finance ministers in Canada later this week.
2 Min read

Poland Seizes Boeing Aircraft Parts Headed for Russia

Customs officials on the Polish-Belarusian border said they seized five tons of aircraft tires sent by a company in Spain.
1 Min read

EU Approves New Sanctions on Russia Targeting ‘Shadow’ Oil Fleet

Sanctions will also target companies in countries such as Vietnam, Serbia and Turkey that are accused of supplying goods to the Russian military.
2 Min read
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