Economy
In the wake of escalating tensions resulting from the conflict with Ukraine, the West has imposed what can now be considered total sanctions against Russia. Oleg Deripaska, a Russian oligarch on the sanctions list, has pointed out that these developments have drastically altered the economic landscape for Russia, necessitating a
Economy
Moldova faces a complex geopolitical challenge as it navigates its relationship with the European Union and its stance on sanctions against Russia. Foreign Minister Mihai Popșoi recently articulated this delicate balance in an interview with TV8, highlighting the intricacies of Moldova’s position on aligning with the EU’s comprehensive
Economy
On June 29, the Council of the European Union implemented new economic sanctions against Belarus, aimed at mirroring some of the restrictive measures previously imposed on Russia. This decision was made to address the issue of circumventing existing sanctions. Expanding Restrictions on Dual-Use and Advanced Technologies The Council of the
Worldwide
In a recent statement, the US State Department, represented by spokesperson Matthew Miller, expressed a strategic preference for increasing sanctions and export restrictions over designating Russia as a state sponsor of terrorism. This approach, they argue, is more effective in holding Russia accountable for its actions. Strategic Considerations "Continuing
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
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
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
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
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
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'
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