Economy
In an era where geopolitical tensions define global narratives, the resilience of nations under economic sanctions has become a subject of intense scrutiny and debate. Among these narratives, Russia's ability to sustain its war efforts despite facing over 16,000 strategic sanctions from some of the world'
Economy
In a significant shift in energy procurement strategy, all Indian oil refineries have now unanimously declined to accept Russian oil transported by Sovcomflot (PAO) tankers, a direct consequence of the sanctions imposed by the United States. This development, as reported by Bloomberg, marks a pivotal moment in international trade and
Economy
During the recent EU summit held on Thursday in Brussels, European Union leaders unanimously called for the European Commission to prepare additional sanctions against Belarus, North Korea, and Iran. This move comes as a response to these countries' support of Russia's aggressive war against Ukraine, highlighting the
Economy
In a significant policy shift, the Ukrainian government has decided to discontinue the "International Sponsors of War" list previously hosted on the website of the National Agency for the Prevention of Corruption (NAPC), following feedback from international partners. This move, announced by the Cabinet of Ministers' press
Economy
The European Union has prepared a set of proposals that will enable Ukraine to begin receiving income from frozen Russian assets as early as July, according to Bloomberg. These proposals are based on taxing the profits from these frozen reserves, aiming to allocate approximately 3 billion euros annually to finance
Economy
In a firm rebuttal to the accusations laid out by Hindenburg Research, LPP Group, the Polish clothing manufacturer behind renowned brands such as Reserved, Cropp, Sinsay, House, and Mohito, has vehemently denied claims of continuing operations in Russia. The company's statement comes amid allegations suggesting that LPP'
Economy
In a significant development that has stirred the fashion retail industry, Polish fashion giants CROPP, Sinsay, and Reserved, all under the ownership of LPP SA, have been accused of a feigned exit from the Russian market. This revelation comes courtesy of the American investment company Hindenburg Research LLC, which claims
News
In a significant move, the United States has announced a new set of sanctions against several Israeli settlers residing in the occupied territories of the West Bank. This decision, disclosed by the State Department and reported by CNN and European Pravda, marks a continuation of the measures signed by the
Economy
Over the past three years, the trade dynamics between the European Union (EU) countries, Russia, and Belarus have undergone significant changes, navigating through a complex geopolitical landscape. Despite the turbulent ties, resulting from the full-scale Russian invasion of Ukraine, the EU's annual trade turnover with Russia and Belarus
Economy
On March 12th, the European Union made a pivotal decision to extend sanctions against Russia for another six months in response to its full-scale aggression against Ukraine. These sanctions, aimed at individuals responsible for threatening Ukraine's territorial integrity, sovereignty, and independence, are now set to last until September
Economy
The European Commission is actively working on a strategy that could enable the transfer of the first tranche of 2-3 billion euros to Ukraine from the immobilized assets of the Russian Central Bank in the West, starting in July of this year. This initiative, highlighted by the Financial Times on
Economy
The United States Treasury Department imposed sanctions on March 8 against two companies in Russia and the Central African Republic (CAR) for their role in facilitating the Wagner Group's activities in Africa. Detailing the sanctions, the U.S. targeted Bois Rouge, also known as Wood International Group SARLU,