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Sanctions

anti-russia-sanctions-will-trigger-global-economic-crisis,-russian-official-warns

Anti-Russia Sanctions Will Trigger Global Economic Crisis, Russian Official Warns

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Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. and other Western countries will lead to a global economic crisis. “Both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now will hit the global economy hard,” […]

Anti-Russia Sanctions Will Trigger Global Economic Crisis, Russian Official Warns Read More »

bank-of-russia-has-stockpiled-reserve-comprised-of-non-us-sanctioned-assets,-governor-states

Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States

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Elvira Nabiullina, governor of the Bank of Russia, has affirmed the bank has stockpiled reserves in assets that are not susceptible to being affected by U.S. sanctions. The official clarified that Russia has built a “safety cushion” in these assets while it continues working on creating new reserves in non-U.S. sanctioned assets. Russia Built Bank

Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States Read More »

russian-foreign-minister-sergey-lavrov-explains-‘multipolar’-world-view-in-brazil

Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil

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Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building a “multipolar” world, while Vieira rejected the unilateral sanctions enacted against Russia.

Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil Read More »

russia-negotiating-free-trade-deal-with-india-to-facilitate-imports-in-the-face-of-sanctions

Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions

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Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments that were banned by sanctions enacted after the Ukrainian conflict erupted. Russia is now the largest oil supplier of India, with the country taking advantage of the discounted Russian crude. Russia and

Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions Read More »

china-opposes-recent-us-sanctions-for-chinese-firms,-criticizes-‘long-arm’-jurisdiction-policies

China Opposes Recent US Sanctions for Chinese Firms, Criticizes ‘Long-Arm’ Jurisdiction Policies

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The government of China protested the enactment of sanctions on a series of national companies by the U.S., barring them from doing business with U.S.-based entities for allegedly collaborating with Russia. China’s Commerce Ministry criticized the move, saying it is a “typical form of long-arm jurisdiction,” which damages the rights and interests of these companies.

China Opposes Recent US Sanctions for Chinese Firms, Criticizes ‘Long-Arm’ Jurisdiction Policies Read More »

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De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official

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Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries and sober-minded politicians are drawing relevant conclusions and these conclusions are definitely in favor of terminating dependence on the West.” Russian

De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official Read More »

iran-top-security-official-believes-recent-de-dollarization-efforts-will-doom-‘illegal-western-sanctions’-to-failure

Iran Top Security Official Believes Recent De-Dollarization Efforts Will Doom ‘Illegal Western Sanctions’ to Failure

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Ali Shamkhani, secretary of the National Security Council of Iran, has stated that the recent bilateral cooperation efforts between his country and Russia are contributing to rendering U.S.-established sanctions useless at a global level. The official noted that many other countries are also in this course of action — abandoning the hegemony of the U.S.

Iran Top Security Official Believes Recent De-Dollarization Efforts Will Doom ‘Illegal Western Sanctions’ to Failure Read More »

french-president-emmanuel-macron-states-europe-must-reduce-its-dependence-on-the-us-dollar-to-avoid-becoming-‘vassals’

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’

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Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce its reliance on the U.S.

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’ Read More »

tucker-carlson-blames-recent-de-dollarization-movements-on-russian-sanctions-and-us-dollar-weaponization

Tucker Carlson Blames Recent De-Dollarization Movements on Russian Sanctions and US Dollar Weaponization

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Tucker Carlson, host of Fox News and the “Tucker Carlson Tonight” show, analyzed the situation surrounding de-dollarization movements that countries like China and Russia have promoted recently. Carlson stated that sanctions on Russia and the weaponization of the U.S. dollar are partly to blame for the developments. Tucker Carlson Believes Sanctions Are to Blame for

Tucker Carlson Blames Recent De-Dollarization Movements on Russian Sanctions and US Dollar Weaponization Read More »

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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report

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Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under scrutiny within the probe initiated by the Justice Department, sources say. Credit Suisse, US Banks Investigated for Suspected Sanctions Violations

Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report Read More »