The United States is set to unveil new sanctions and export control measures against Russia during the upcoming G7 summit, which is scheduled to take place in southern Italy later this week, according to White House spokesperson John Kirby. Background of the G7 Summit The annual G7 summit, representing the
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 "
Amazon has been accused of violating UK sanctions against Russia by allegedly providing Moscow with its facial recognition technology even after Russia's full-scale invasion of Ukraine. This claim comes from a former employee of the company. Charles Forrest, an ex-worker of Amazon Web Services (AWS), is currently suing
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
In a significant move to uphold international peace and security, the Canadian government has announced the imposition of special economic measures against key associates of former Ukrainian President Viktor Yanukovych. This decision, which was reported by "European Truth" referencing a statement from the Canadian government, underscores Canada'
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
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
The Group of Seven (G7) countries, alongside the European Union, are exploring strategies to enhance pressure on banks that facilitate Russia’s evasion of international sanctions. This issue is set to be a key topic at the upcoming G7 summit in mid-June, according to insights from informed sources reported by
French President Emmanuel Macron has taken personal steps to persuade Canadian Prime Minister Justin Trudeau to relax sanctions against Russia, particularly to benefit aerospace companies like Airbus that rely on Russian titanium. An insider close to the French leader revealed that Macron exerted "significant efforts" to convince Trudeau
On Wednesday, May 29, U.S. Deputy Treasury Secretary Wally Adeyemo arrived in Kyiv to engage in critical discussions about reinforcing sanctions against Russia and the management of profits from frozen Russian assets. This high-level visit underscores the strategic importance of U.S.-Ukraine relations, particularly in the context of
On May 29, 2024, the Hungarian government signed an agreement with Belarus to assist in the construction of the "Paks II" nuclear power plant, a project being undertaken by the Russian state corporation Rosatom. This announcement was made in Minsk by the Hungarian Foreign Minister, Peter Szijjarto, as
The European Union (EU) has adopted a new set of sanctions against Russia in response to the death of opposition leader Alexei Navalny, signifying a significant step in the international response to human rights violations within Russia. Background and Implications of Navalny’s Death On February 16th, the Russian Federal
Hungary has recently blocked a European Union (EU) plan to allocate revenues from frozen Russian assets towards purchasing arms for Ukraine. This development was disclosed by five individuals present at an EU ambassadors' meeting on Wednesday, as reported by Financial Times and relayed by European Pravda. Following extensive deliberations,
As the European Union continues to tighten its grip on Russian economic activities amid ongoing geopolitical tensions, significant disagreements have surfaced among member states regarding proposed sanctions against Russia's "shadow fleet." This fleet is reportedly comprised of semi-legal oil tankers that are part of Russia'
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