Default in Russia Is Inevitable, According to Bloomberg
After the blocking of currency payments in the Russian Federation, the first default of Russia in the 21st century is assessed by the market as inevitable.
Leroy Carter
NATO to Deploy Permanent Troops on Its Border Because of Russia
According to NATO Secretary General Jens Stoltenberg, the alliance is in the midst of a very fundamental transformation that will reflect the long-term consequences of Putin's actions. Decisions on the reset and the possibility of a permanent military presence on the border will be taken at the NATO
Ukraine Has Imposed a Complete Embargo on Trade With Russia
The government of Ukraine at a meeting on Saturday approved a complete embargo on trade with Russia. This was announced by Taras Melnichuk, the representative of the government in the Verkhovna Rada. The foreign trade turnover between Ukraine and Russia in 2021 amounted to $12.3 billion (according to the
Italy to Agree With Algeria to Replace Russian Gas
Italy, which gets about 40% of its gas imports from Russia, is trying to diversify its energy supply to get rid of its dependence on Russian gas by boosting supplies from Algeria among other measures. On April 11, Italian Prime Minister Mario Draghi will visit Algeria to sign an agreement
UK Also Freezes All Assets of Sberbank and Credit Bank of Moscow
The UK banned all investment in Russia and froze the assets of Russia’s biggest bank after Boris Johnson sought to tighten the squeeze on the regime of Vladimir Putin.
Andrzej Duda Calls for the Dismantling of the Nord Stream-2 Pipeline
In addition, the Polish president demands that the sanctions be strengthened. He says that Russia is blackmailing not only Germany, but practically all of Europe.
Komatsu Announced the Suspension of Production at Its Plant in Russia
Japan's Komatsu announced the suspension of production at its plant in Russia. Komatsu is a leading manufacturer of construction, mining, forestry and industrial equipment.
Acer Suspends Its Business Activities in Russia
Taiwanese electronics manufacturer Acer announced that it is suspending activities in Russia.
Montenegro Joins EU Sanctions Against Russia
The government of Montenegro approved joining the EU sanctions against Russia in response to Russia’s war of aggression against Ukraine.
Japan Expels Russian Diplomats and Announces New Sanctions Against Russia
Japan announced that it will expel eight Russian diplomats as well as impose new sanctions on Russia. Japan will freeze the assets of Sberbank and Alfa Bank, as well as include about 20 other organizations and about 400 Russian individuals in its sanctions list. In addition, Tokyo will suspend its
EU Adopts Fifth Package of Sanctions Against Russia Over Its Military Aggression Against Ukraine
In light of Russia’s continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in Ukraine, the Council decided to impose a fifth package of economic and individual sanctions against Russia. The new sanctions involve: * Freezing Russian bank accounts; * Banning imports of coal and
46 UNESCO Member States to Boycott the World Heritage Committee Meeting
46 UNESCO member states have signed an open letter to the members of the World Heritage Committee, stating that they would not attend a meeting of the Committee either in Russia or under the Russian presidency as it’s destroying “outstanding universal value” in Ukraine.