Economy

Kremlin Unable to Wage War for Several More Years, Asserts Expert Citing Western Aid as Pivotal — Mikhail Samus of New Geopolitics Research Network Explains Why Russia Still Feels Comfortable

Mikhail Samus, Director of the New Geopolitics Research Network, recently discussed on Radio NV how Western support is impacting the battlefield dynamics and why Russia continues to feel relatively comfortable amidst ongoing conflicts. Highlighting the resilience of Ukraine, Samus emphasized that the international community has recognized Ukraine's unwavering

Economy

EU Nations to Discuss New Sanctions Proposal Primarily Targeting Russian Gas Trade Revenue for the First Time

On Wednesday, ambassadors from the 27 European Union member states will deliberate on the proposed 14th sanctions package against Russia. According to a report by Politico and published by European Truth, this package centers on curbing Moscow's revenues from its liquefied natural gas (LNG) exports. The European Commission

Economy

Russia Circumvents Sanctions to Purchase $500 Million Worth of Aircraft Equipment Since 2022

Russia has been circumventing international sanctions, successfully acquiring nearly $500 million worth of foreign aviation components since 2022, including those for military aircraft. Details emerged that Yakovlev, a producer of both military and civilian aircraft and a subsidiary of the Russian state defense conglomerate Rostec (formerly Irkut), has been sidestepping

Economy

EU Commission Proposes 14th Sanctions Package Against Russia Including Restrictions on LNG Imports and Targeting 'Shadow Fleet'

The European Commission has circulated a draft proposal to EU member states for the 14th package of sanctions against Russia, which, among other measures, includes restrictions on the import of liquefied natural gas (LNG) from Russia, although a full embargo is not proposed. This latest sanctions initiative follows the EU&

Economy

China Threatens "Measures" in Response to US Sanctions Against Firms Aiding Russia

The Chinese Foreign Ministry has announced plans to take "necessary measures" in response to the recent imposition of US sanctions against Chinese companies accused of assisting Russia in acquiring weaponry for its ongoing conflict in Ukraine. According to a statement from an unnamed representative of the Chinese Ministry

Economy

New U.S. Sanctions Against Russia: Ukrainian Ambassador Reveals Significant Impact on Russian Military-Industrial Capabilities

The United States has introduced a new set of sanctions targeting the Russian military-industrial complex and its programs for the development and production of chemical and biological weapons. The sanctions also affect entities within third-country jurisdictions that assist the aggressor nation in acquiring resources necessary for arms production. This information

Economy

Russian Shipping Giant Sovcomflot Renames Oil Tankers Sanctioned by the US to Evade Detection and Continue Operations

Russian company Sovcomflot has renamed several of its oil tankers after they were targeted by United States sanctions. This move was reported by Bloomberg, highlighting a common practice among sanctioned entities to avoid detection and maintain operational capabilities. According to the report, at least four tankers have not only changed

Economy

Italy Supports Proposed EU Sanctions Against Russian LNG, Says Energy Minister

In a recent development, Italy has expressed its support for the European Union's proposed 14th package of sanctions against Russia, which includes a ban on Russian liquefied natural gas (LNG). Gilberto Pichetto Fratin, Italy's Minister of Energy, confirmed the country's stance, highlighting Italy'

Economy

U.S. Secretary of State Threatens New Sanctions on China if It Continues Supporting Russia's War Efforts

During his visit to Beijing, U.S. Secretary of State Antony Blinken confirmed that the White House is prepared to impose new sanctions against China should it continue to support Russia in its full-scale war against Ukraine. This development underscores the escalating tensions between the United States and China over

Economy

European Parliament Members Urge Austrian Authorities to Influence Raiffeisen Bank's Operations in Russia

In a move reflecting ongoing concerns over international business operations in Russia amidst geopolitical tensions, a group of European Parliament members has penned an open letter urging Austrian authorities to intervene with Raiffeisen Bank International's plans to expand its workforce in Russia. This plea highlights the contrast between

Economy

EU Commission Proposes Sanctions on Vessels Transporting Military Equipment from North Korea to Russia and Targets Tankers Circumventing G7's Russian Oil Price Cap

The European Commission is gearing up to introduce sanctions targeting vessels delivering North Korean military equipment to Russia, as well as tankers that breach the G7-imposed price cap on Russian oil, according to sources cited by Reuters. This move is part of the Commission's ongoing efforts to formulate

Economy

U.S. Prepares Sanctions Against Chinese Banks to Curtail Their Support for Russia's Defense Sector Amid Ongoing Ukraine Conflict

The United States is reportedly formulating sanctions that could sever some Chinese banks from the global financial system, aiming to halt Beijing's support for Russia's defense industry. According to sources cited by "European Truth" and the Wall Street Journal, these measures are being considered