Contents tagged with Sanctions on Russia
The pension reform, the depreciation of the ruble, the endless sanction conflict with the West and the government’s plans to raise taxes after a record drop in the population’s real income – all of these factors have undermined Russians’ faith in the country’s prospects.
At the end of the second quarter, 50% of Russians thought that the country’s worst times were yet to come, according to a report on social well-being by the National Research University Higher School of Economics (HSE).
The US Department of Commerce announced on Tuesday that new sanctions were being introduced against Russian companies.
According to a publication in the Federal Register, 12 new legal entities were blacklisted, meaning that it is prohibited to carry out operations with them, and they are banned from supplying technology.
The blacklisted entities include two of Rostec’s subsidiaries, the Vector scientific research institute and the Technologiya scientific production company. Washington …
On Thursday, the US announced that it is expanding the sanctions against Russia for meddling in US elections, as part of the Countering America’s Adversaries Through Sanctions Act (CAATSA).
27 Russians have been blacklisted for “acting on behalf of the intelligence or defense sector of the Russian government,” the US State Department reported.
The blacklisted Russians include GRU chief Igor Korobov and Yevgeny Prigozhin, who started as a restaurateur in St. Petersburg, and is now believed by …
The Russian government’s hopes that China will help it to overcome western sanctions are gradually being dashed by the harsh reality, finanz.ru writes.
Despite the fact that de jure Beijing has not placed any financial sanctions on Russia, Chinese banks have effectively adopted the restrictions imposed by the US and EU.
China’s commercial credit organizations are delaying transfers to Russian banks’ accounts, or outright refusing to make payments, said Vladimir Danilov, head of the Central …
The authorities of Czech Republic are convinced that there is not yet a reason to lift anti-Russian sanctions of the EU. The Czech leadership came to this conclusion during consultations regarding the implementation of the course of foreign policy of the country, held on Wednesday, in the presidential residence, reports Ceske Noviny.
During a meeting held at the Prague Castle, all politicians agreed that the reasons, on which anti-Russian sanctions were introduced, still exist. In a joint …
The US Senate should consider two escalatory sanctions options that are planned for this fall. The proposal was made by Daniel Fried,the former coordinator for sanctions policy of the United States Senate Committee on Banking, Housing, and Urban Affairs.
"Escalatory options can include two types: intensified sectoral sanctions targeting specific sectors such as finance, energy, defense/dual use technology, and cyber; and additional sanctions against individuals, particularly those close to …
Montenegro, Albania, Norway and Ukraine supported the EU’s proposal to extend sanctions against Russia until January 31, 2019, according to a statement by High Representative of the European Union for Foreign Affairs and Security Federica Mogherini, posted on the EU Council website.
"The Candidate Countries Montenegro and Albania, and the EFTA country Norway, member of the European Economic Area, as well as Ukraine, align themselves with this declaration. They will ensure that their national …
Russian government bank shares continue to plummet on the Moscow Exchange due to the threat of new US sanctions, which at first seemed unlikely, but are becoming more real every day.
After US Senator Chris Van Hollen said that the bipartisan sanctions bill will target the Russian banking sector, Sberbank and VTB Bank’s share prices began to drop at an accelerating rate.
At the end of trading on Thursday, Sberbank’s shares had lost 4.84%, closing at a price of 178.71 rubles, a low since August …
The US sanctions against Russia that will come into force on August 22 are unlawful. They negatively affect international trade, Russian President’s press secretary Dmitry Peskov told Kommersant FM radio. He also stressed that “such restrictions will certainly affect the entire international trade.”
“We are aware that the bill has been prepared. We are familiar with the content of the bill. It has been published on their internet resources. We have carefully studied it and we consider that it …
The imposition of sanctions against Russia by Ukraine will be considered “a blatant violation of rules of international law,” stated the official representative of the Russian Foreign Ministry, Maria Zakharova.
“The package announced by the Kyiv regime can be compared with the “Magnitsky list”, another attempt to impose unilateral coercive measures that are contrary to international law and the practice of civilized international relations,” TASS cites Zakharova as saying.
Earlier, Ukrainian …