Economy
U.S. sanctions against Russia have significantly altered the economic landscape in Central Asia, prompting an increase in trade between Kazakhstan and Russia using new currencies. According to recent reports, Kazakh banks and companies are increasingly turning to the yuan and ruble for currency operations necessary for transactions with China.
Economy
Recent reports indicate that Russia is suspending two significant gas megaprojects due to Western sanctions, marking a critical turning point for the country's energy sector. The news, first covered by "Kommersant," reveals that Novatek, one of Russia's largest independent gas producers, has frozen its
Economy
The European Union (EU) is taking a stronger stance in its efforts to curb the supply of military goods to Russia by imposing new sanctions that focus on financial institutions. These institutions are seen as facilitators of the flow of military-related products into the country, especially those coming from Western
Economy
Mike Pompeo, a staunch Republican and former U.S. Secretary of State under President Donald Trump, remains a committed ally to Trump and continues to support his candidacy for the upcoming presidential election. Pompeo, known for his firm positions, has expressed his willingness to once again "serve America"
Economy
The European Union (EU) has officially extended its personal sanctions against individuals and entities associated with undermining the territorial integrity, sovereignty, and independence of Ukraine. The sanctions, which were originally set to expire in September 2023, have been prolonged until March 15, 2024. This extension is part of the ongoing
Economy
On Tuesday, August 10, the United Kingdom announced a fresh wave of sanctions targeting Russia’s Aerospace Forces. This move marks a significant escalation in the UK's response to ongoing geopolitical tensions and underscores its commitment to countering Russian military advancements. Details of the Sanctions The new sanctions
Economy
In a continued effort to tighten global pressure on Russia amidst its ongoing full-scale war against Ukraine, the U.S. Department of State has introduced new sanctions targeting two companies and two vessels. These entities have been directly involved in the export of Russian liquefied natural gas (LNG), specifically through
Economy
In a significant development amid the ongoing conflict between Ukraine and Russia, Ukrainian President Volodymyr Zelensky announced that Ukraine has provided the Netherlands with detailed information regarding Western-made components found in Russian missiles. This exchange of intelligence underscores the complexities of enforcing international sanctions and highlights the ongoing challenges in
Economy
The recent wave of U.S. sanctions against Russia has already sent shockwaves through the country's financial sector, underscoring the global reach and effectiveness of these measures. The sanctions, which were implemented just before Ukraine's Independence Day, have targeted a wide range of entities, including some
Economy
China has expressed strong discontent over the latest U.S. sanctions imposed on Chinese companies allegedly aiding Russia in bypassing sanctions. These companies are accused of exporting dual-use goods that Russia utilizes in its war efforts against Ukraine. In response, China has vowed to take necessary measures to protect its
Economy
President of Ukraine Volodymyr Zelensky has signed a decree enforcing the National Security and Defense Council's (NSDC) decision from August 21, extending sanctions for 10 more years against several individuals, including Anatoliy Shariy, a blogger accused of treason, his wife Olga Shariy (Bondarenko), Igor Guzhva, the chief editor
Economy
Russia’s state-owned nuclear energy company, Rosatom, continues to bolster the country's budget through its subsidiary in the Netherlands. These additional revenues, in turn, contribute to financing Russia’s war efforts against Ukraine. According to a report published by Dutch media outlet NOS, the activities of Rosatom’s