The assets are either located in Jersey or owned by companies registered there.Abramovich's net worth is estimated at about $14 billion Roman Abramovich The government of the island of Jersey (a British Crown dependency) has announced that the Crown Court has ordered a $7 billion asset freeze allegedly linked to Russian businessman Roman Abramovich. They are either located in Jersey or owned by co...
The Deputy Prime Minister said that logistical restrictions and a lack of liquidity led to a drawdown in the economy:in industry and trade it was 11% Andrey Belousov Deputy Prime Minister Andrei Belousov, during his speech at the Federation Council, said that the West is trying to isolate Russia from the world economy as much as possible. “Literally pull it out of world economic relations, thereby...
The sanctions list also includes Vagit Alekperov, Vladimir Yakunin, Vladimir Bogdanov, wife of the Russian Foreign Minister,as well as representatives of the leadership of the Donetsk and Lugansk People's Republics The UK expanded the sanctions list by adding 206 more Russian individuals and organizations to it. The document was published on the website of the British government. The sanctions lis...
According to the head of state, problems arose after unfriendly states refused to fulfill their obligations to provide for the region. Putin instructed the competent departments to rebuild logistics as soon as possible video Some foreign companies refuse to fulfill their obligations to provide the Arctic with the necessary products, so Russia must restructure work in this vein, President Vladimir ...
The ban will also include the export of quantum technologies and advanced materials. The sanctions are expectedwill come into force on April 14 From April 14, the UK intends to impose a ban on the import of steel and iron from Russia, as well as on the export of quantum technologies and advanced materials, according to the website of the British government. “From tomorrow we are banning the import...
Vladimir Yevtushenkov, who fell under sanctionsGreat Britain, ceased to be the controlling shareholder of AFK Sistema - its share decreased to 49.2%.He transferred 10% of the company to his son Felix Vladimir Yevtushenkov The founder and largest shareholder of AFK Sistema, Vladimir Yevtushenkov, who fell under British sanctions on April 13, transferred 1......
The Airbus CEO explained that the expansion of sanctions on titanium exports will not harm Russia much,but will create difficulties for the aerospace industry in Europe Production of titanium alloys French aircraft manufacturer Airbus has urged the West not to impose an embargo on Russian titanium imports, as it could hurt Western industry more but barely affect the Russian economy, Reuters report...
Obama said that in 2014 it was difficult to predict the situation in Ukrainethat might have reacted differently to the events of 2014, Obama said,that then there was a different situation Barack Obama What is happening now in Ukraine was difficult to predict "eight to ten years ago," former US President Barack Obama said in an interview with NBC. The situation in 2......
Lithium ore is not mined in Russia. A spokesman for the Ministry of Industry and Trade said Argentina and Chile have suspended deliveries of lithium ore to Russia, Deputy Director of the Department of Metallurgy and Materials of the Ministry of Industry and Trade Vladislav Demidov said at a round table in the Federation Council, TASS reports. “There is no production of lithium raw materials in Rus...
The European Union has given Russian businessmen who fell under sanctions the opportunity to sell shares in their European companies to new owners. The reaction to each case will depend on the goals of the transaction, experts sayRussian businessmen who are subject to European sanctions can sell ownership rights to companies registered inEU until October 9, 2......
The EU ban on the import of coated paper into Russia will have an impact on the book industry, the Ministry of Digital Development has admitted. Such paper, required for high quality printing, is mainly imported, The shortage of coated paper used to print high-quality books due to EU sanctions will amount to 4......
Due to problems with finding other suppliers and logistics, market participants expect a shortage of building and finishing materials, but for now they are selling stocks, the newspaper writes.The Ministry of Industry and Trade does not predict a deficit In Russia, interruptions began in the supply of plumbing, pipeline connecting elements - fittings, tools and construction chemicals, Kommersant r...
Last year, deposits in foreign banks accounted for one fifth of the net assets of the Russian regulator.In 2021, this balance sheet item increased by more than 40% The balances of the Bank of Russia on correspondent accounts and deposits opened with foreign credit institutions at the end of 2021 amounted to 1......
According to OPEC Secretary General Barkindo, as a result of sanctions and other restrictions against Russia, the world market may lose about 7 million barrels.Russian oil per day Sanctions against Russia could trigger one of the worst oil supply disruptions in history, with lost volumes impossible to make up. This, according to Reuters, at a meeting with representatives of the European Union, sai...
Within a few weeks, Alfa-Bank Kazakhstan may conclude a deal to change the shareholder, said the managing director of the subsidiary of the Russian bank.Due to Western sanctions, it cannot conduct transactions with dollars and euros A subsidiary of Alfa-Bank in Kazakhstan is negotiating a change of ownership due to international sanctions against the parent company. More than ten potential buyers ...
The Deputy Head of the Security Council named the countries of Europe, because of the position of which the return of paintings from Russian collections is delayed,"banal thieves" Dmitry Medvedev Deputy Chairman of the Security Council Dmitry Medvedev accused Europe of trying to appropriate paintings from Russian collections that are being returned with delays or cannot return to the country due t...
Previously, Canada has already introduced restrictions against Russian enterprises, businessmen, banks, transport companies and officials.The Kremlin called the sanctions pressure of the West "gangsterism" Melanie Jolie Canada is imposing sanctions on 33 more Russian companies associated with the defense industry. This was stated by the head of the Canadian Foreign Ministry Melanie Jolie. “New mea...
This is the first such decision of the European Committee on Credit Derivatives in relation to a Russian borrower after Western countries began to impose sanctionsagainst Russia Russian Railways (RZD) has been declared in default on one of its Eurobond issues, Bloomberg reported citing the Credit Derivatives Determinations Committee EMEA. We are talking about Eurobonds for 25......
Peter Szijjarto Hungary has found an option to pay for Russian gas in rubles that would not violate EU sanctions imposed on Moscow , Hungarian Foreign Minister Peter Szijjártó said, Reuters reports. “As for payment in rubles, we have a solution that does not violate any sanctions, but at the same time ensures gas supplies to Hungary,” the diplomat said. Szijjarto said that Budapest will use the fo...
The EU, as part of a new package of sanctions, banned the import and transit of coal from Russia, the export of printing paper, planting material and other goods important for the Russian market.What consequences this can lead to - in the material of RBC After several days of consultations, the European Union introduced the fifth package of anti-Russian sanctions at the end of last week. It includ...
Employees of the Ericsson office in Russia will be sent on paid leave Swedish telecommunications equipment manufacturer Ericsson is suspending business in Russia for an indefinite period, the company said in a statement on its website. “In light of recent events and European Union sanctions, the company will indefinitely suspend its activities with clients in Russia,” the statement said. The press...
The new package of sanctions is planned to include options related to oil supplies. The European Commission has previously said The EU is starting work on a sixth package of sanctions that will include an option related to oil, Lithuanian Foreign Minister Gabrielius Landsbergis said ahead of a summit of EU foreign ministers. “The European Commission has made it quite clear that we are starting wor...
The German regulator banned VTB Bank Europe SE from following the instructions of the parent company, thus the bank lost its voting rights through the European division.On March 8, the European Union banned any transactions involving VTB The Russian bank VTB has lost control of its European subsidiary VTB Bank Europe SE, which is based in Frankfurt am Main (Germany), follows from the statement of ...
Incoming payments in the Central Bank system in the oil production industryand gas in March decreased by 47.8% compared to the average levels for the fourth quarter of 2021, the Bank of Russia said. This may be due to a delay in payment for export deliveries, The average daily volume of incoming payments in sectors of the Russian economy in March increased by 4.1% compared to the fourth quarter of...
supplies 40% of all gas purchased by Italy. Rome intends to reduce dependence on Moscow and wants to increase supplies through the pipeline from Algeria. Zakharova said, Moscow is not blackmailing the EU with gas supplies, European countries are doing this by imposing sanctions against Russia and building up armed forces near its borders, Russian Foreign Ministry spokeswoman Maria Zakharova said o...
issued a license allowing sanctioned Russian citizens and companies to freely use communication web services, including the paid version of Zoom.In the case of Iran or Crimea, there were no such exceptions. The US Treasury issued a general license (that is, applicable to all market participants) that allowed Russian citizens and companies that fell under US blocking sanctions (SDN list) to freely ...
Saxo Bank has warned Russian clients to stop servicing their brokerage accounts due to sanctions. Within two months, investors must either close all positions and withdraw money, Clients from Russia who opened brokerage accounts with the Danish Saxo Bank received notices of their closure from June 6, 2......
European Union has not yet made general purchases of gas and oilfor European countries, so that Budapest will continue to adhere to the contracts concluded with Russia. This will not mean circumvention of the sanctions policy, Payments for Russian gas in rubles do not violate European sanctions , since Budapest and Moscow have signed a bilateral contract. This was stated by the representative of t...
by sanctions March 24 USAimposed sanctions against deputies of the State Duma and the State Duma itself as an institution The Duma TV YouTube channel, which broadcast sessions of the lower house of parliament and published comments from State Duma deputies, was blocked in accordance with sanctions against Russia, the Google press service reported. “Google complies with all applicable sanctions and...
and South Africa, members of the BRICS,plans to accelerate the creation of an independent rating agency in connection with the sanctions Anton Siluanov The BRICS countries (including Russia, Brazil, India, China, South Africa) can accelerate the creation of their own financial messaging system and an independent rating agency due to sanctions, Russian Finance Minister Anton Siluanov said during a ...