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Economy
In the heart of New York, a legal drama unfolds over the fate of the superyacht Amadea, a lavish 106-meter vessel linked to sanctioned Russian oligarch Suleyman Kerimov. Despite the U.S. government's desire to auction off the yacht and redirect the proceeds to Ukraine, the Southern District
Economy
The United States Department of the Treasury announced on June 12 the imposition of sanctions on over 100 Russian companies involved in Russia's military-industrial complex. This move marks a significant escalation in the economic pressure being applied by the U.S. against Russia's military apparatus. According
Economy
In a daring move to circumvent international sanctions, a Russian oil tanker undertook a 12,000-kilometer voyage to execute a clandestine oil transfer near Singapore. This intricate operation highlights the lengths to which Russia is going to maintain its oil trade despite stringent Western sanctions. The Russian tanker, named "
Economy
Deputy Prime Minister of Kazakhstan, Serik Zhumangarin, recently articulated that while his country does not support the unilateral sanctions imposed against Russia, it will continue to adhere to them due to economic benefits. Zhumangarin clarified that Kazakhstan is not a part of any coalition enforcing these sanctions but finds compliance
Economy
The United States is prepared to offer Ukraine a significant financial boost in the form of a $50 billion loan, which would be repaid using profits generated from frozen Russian assets. This offer, however, is contingent on the European Union’s ability to extend its sanctions against Moscow indefinitely, as
Economy
Mikhail Krutikhin, an oil and gas market analyst, explained to NV why the $60 price cap does not stem the flow of petrodollars into the budget of the aggressor country. Russian exporters have mastered the art of circumventing the so-called $60 per barrel price cap imposed by Western governments as
Economy
In June, the United States is set to announce a tender worth $3.4 billion for the supply of low-enriched uranium necessary for nuclear fuel production, exclusively from local companies. This move is part of a broader strategy to revitalize the domestic nuclear fuel industry and reduce dependency on Russian-imported
Economy
On May 15, the U.S. Department of the Treasury announced new sanctions targeting two individuals and three entities in Russia involved in facilitating weapons trade between Russia and North Korea, as reported by European Truth. This sanctions scheme is linked to Slovakian arms dealer Ashot Mkrtichev, who had previously
Economy
In a significant move within the European Union, France and the Netherlands are reportedly spearheading efforts to impose sanctions on all financial institutions that facilitate Russia's financial operations to pay for goods, components, or technologies utilized in its military-industrial complex. This information comes from reliable sources cited by
Economy
In a written interview with China's Xinhua news agency ahead of his visit to China, Russian President Vladimir Putin reiterated his narratives concerning the war with Ukraine, again demanded guarantees for aggressor nation Russia, and expressed grievances over the imposed sanctions. Putin stated, "We want a comprehensive,
Economy
The U.S. Treasury Secretary, Gina Raimondo, recently highlighted the significant impact of American sanctions on Russia during her testimony in Congress, as reported by Voice of America. The sanctions have notably slowed down Russian progress by limiting its access to essential microchips, forcing the country to repurpose those found