Source link The measures were supposed to bring Moscow to its knees, but all they’ve really achieved is make everyone in Europe poorer By Ivan Timofeev, programme director of the Valdai Club. Foreign media and analysts are increasingly accepting that sanctions against Russia have failed to produce the results that were expected. But much depends on […]
Source link The US and its allies are reportedly pressuring several countries to ensure Russian tankers don’t sail under their flags Western states are pressuring Liberia, the Marshall Islands, and Panama to boost checks of ships sailing under their flags to ensure they are not used to help Russia bypass sanctions, Reuters reported on Friday, […]
Source link The White House has warned that Caracas must make more progress in releasing “political prisoners” to avoid being punished again US President Joe Biden’s administration has warned that it may soon halt sanctions relief for Venezuela unless the oil-rich nation makes more progress in meeting Washington’s demands for the release of “political prisoners” […]
Source link Moscow is aware that Washington will try to maintain its illegal embargo, but the US is not the entire world, President Vladimir Putin’s spokesman Dmitry Peskov told reporters on Friday. Peskov was commenting on the statements by US Assistant Secretary of State for Energy Resources Geoffrey Pyatt, published by the Financial Times earlier […]
Source link The Sovcomflot-owned vessel was due to be unloaded at the Vadinar port last Saturday A Russian oil tanker is unable to unload its cargo due to the latest US sanctions and has been drifting in Indian waters for over ten days, Bloomberg reported on Wednesday. The Liberia-flagged vessel, which is owned by Russia’s […]
Source link Member states will be able to seize assets if the owners refuse to sell, Finnish News Agency STT reports The new package of EU sanctions on Moscow could allow member states to expropriate property belonging to sanctioned Russians that refuse to sell it, Finnish News Agency STT reported on Tuesday. The assets could […]
Source link Imports into the bloc from the sanctioned country have fallen nearly fivefold, Eurostat data shows Imports from Russia into the European Union have fallen nearly fivefold since the imposition of Ukraine-related restrictions on Moscow last year, the bloc’s statistics agency has revealed. According to Eurostat’s latest figures, seasonally adjusted values show that Russia’s […]
Source link A proposed ban on the re-export of key goods could put the bloc’s businesses at a disadvantage, several nations reportedly warn Several EU member states are seeking to soften proposals by the European Commission, aimed at preventing sanctions on Russia being circumvented via third nations, Bloomberg reported on Saturday, citing people familiar with […]
Source link Three Greek shipping firms have reportedly refused to carry Russian crude as US targets price-cap violations Three leading Greek shipping companies have stopped carrying Russian seaborne oil in recent weeks to avoid US sanctions, Reuters reported on Thursday, citing oil traders and shipping data. The firms – Minerva Marine, Thenamaris, and TMS Tankers […]
Source link The ‘hostile’ move by Moldova won’t be left unanswered, the Russian Foreign Ministry has warned By agreeing to abide by the EU’s sanctions against Russia, the government of Moldova has taken another “hostile step” aimed at the destruction of bilateral relations with the country, the foreign ministry in Moscow has said. On Friday, […]
Source link The EU’s efforts to block access to Russia’s state-affiliated media have largely failed, Bloomberg admitted The European Union’s sanctions aimed at restricting access to Russian state-backed media outlets have not been very effective, an article by Bloomberg acknowledged on Thursday. “The Kremlin appears to have the last laugh,” and such media outlets, including […]
Source link Sergey Guriev has been accused of hurting opponents of Putin more than his government Sergey Guriev, a Russian-born economist who advised the West on the type of sanctions that could have the greatest impact on his home nation, said on X (formerly Twitter) on Wednesday that he has suffered from some of them, […]
Source link Thierry Mariani said restrictions against Moscow had backfired on the countries that imposed them Western sanctions against Russia have ended up damaging the nations that imposed them, French European Parliament member Thierry Mariani has told the TVLibertes (TVL) channel. In an interview aired on Saturday, Mariani said sanctions had been intended to “ruin” the […]
Source link Businesses have either found new suppliers in ‘friendly’ foreign markets or at home The majority of Russian companies have adapted to operating under sanctions, business daily Kommersant reported on Tuesday, citing a survey. According to the Russian Union of Industrialists and Entrepreneurs (RSPP), most firms have successfully replaced Western suppliers with domestic manufacturers […]
Source link Real estate purchases in Spain grew by more than 50% in the first half of 2023, according to data Russians have stepped up purchases of real estate in Spain, RBK news outlet reported on Thursday citing data from Spain’s General Council of Notaries (Consejo General del Notariado). According to the report, the number […]