. The restrictions apply, in particular, to enterprises in the defense sector. Under sanctionsBelarusian companies also gotas well as the special unit of the KGB of the country "Alpha" Production complex "Salyut" The US Department of Commerce has banned the export of products to 120 Russian and Belarusian organizations related, in particular, to the defense sector. This is stated in a document pub...
The Business Environment Index, measured by a survey of major companies, fell lower in March than during the 2014-2015 downturns and at the start of the pandemic. This is evidence of the beginning of a new crisis in the Russian economy, The business environment index of the Russian Union of Industrialists and Entrepreneurs (RSPP) in March fell to its lowest value in ten years - it amounted to 32 p...
European countries continue to freeze the assets of Russian businessmen and seize their property after the imposition of sanctions.In Italy, the amount of seized property reached €900 million Italy seized €900 million worth of property from sanctioned Russians, Foreign Minister Luigi Di Maio said in an interview with Bild. “So far, we can talk about a total amount of €9......
To impose an embargo on energy supplies from Russia would be "irresponsible" in relation to Germany, says the head of the petrochemical concern BASF Martin Brudermüller. According to him, In the event of a cessation of imports or a long-term cessation of gas and oil supplies from Russia, Germany will face an unprecedented economic crisis, says Martin Brudermüller, head of the German petrochemical ...
Russia will not ask the European Union to lift sanctions, the country has a margin of safety, and the light has not converged on the EU, Nikolai Kobrinets, director of the department for pan-European cooperation of the Russian Foreign Ministry, said in an interview with RIA Novosti. “We will not act as petitioners in terms of lifting sanctions. We have a margin of safety. And the European Union is...
Medvedev believes that Russia should expand the list of goods prohibited for import, established after the imposition of sanctions in 2014. In his opinion, Given the new Western sanctions , Russia may expand the list of food products that have been banned from import since 2014, Security Council Deputy Chairman Dmitry Medvedev expressed this opinion in his Telegram channel. “We will not supply our...
The list includes the companies Apollo, RK Breeze, Zil-M and Parsek,as well as three Russians and six citizens of the DPRK Japan has imposed sanctions against three individuals and four legal entities from Russia for violating the sanctions regime against the DPRK, according to the website of the Japanese Foreign Ministry. The list includes Russians Alexander Gaevoy, Alexander Chasovnikov and Roma...
Georgia participates in all international sanctions against Russia, Georgian President Salome Zurabishvili said on CNN. “We participate in all international financial sanctions and this means something for the Georgian financial sector. And we, at the same time, participate in all the resolutions that were adopted to support Ukraine,” Zurabishvili said, answering the question why, in her opinion, ...
The EU countries should understand that a confrontation with Russia is not in their interests, since anti-Russian sanctions negatively affect the lives of Europeans, Nikolai Kobrinets, director of the department for pan-European cooperation at the Russian Foreign Ministry, said in an interview with RIA Novosti. “In the EU countries, perhaps, they will still understand that confrontation is not in ...
Anatoly Antonov The new U.S. sanctions , including in the aerospace sector, serve as deliberate attempts to limit Russia's technological development. This was stated by the Russian Ambassador to the United States Anatoly Antonov, whose words are quoted in his Telegram channel by the press service of the embassy. According to Antonov, the US Treasury Department is threatening sanctions for any inte...
German drivers need to drive slower on the autobahns to save energy and reduce dependence on Russia. This proposal was made by the Minister of Food and Agriculture of Germany, Cem Ozdemir, reports WAZ. According to the federal minister, it is not necessary to drive fast on motorways, everyone can choose a more economical option for traveling at low speeds. “I note that currently there is no majori...
According to a White House spokesman, Biden agrees that it was the actions of the Russian president that led to a structural problem in the oil market as in the US,and all over the world US President Joe Biden called the rise in the price of a gallon of gasoline in the US market "Putin's rise in price", acknowledging that the jump in prices began even before the events in Ukraine. This was reporte...
From April 1, Russian pipeline gas will be sold for rubles to "unfriendly countries" - for this, buyers will have to open ruble accounts with Gazprombank. So Russiawants to secure gas revenues from blocking President Vladimir Putin signed a decree that establishes new rules for trading Russian pipeline gas with "unfriendly" countries in rubles. video “We offer contractors from such countries a cle...
Paying agent for Eurobonds of the Ministry of Finance The Bank of New York Mellon received funds to redeem dollar securities in the amount of $329.2 million, the agency said. Sources of RBC reported, The Ministry of Finance of Russia has fully fulfilled its obligations on payments on Eurobonds with maturity in 2......
According to the agency, the government intends to introduce a limit of £50,000.on the deposits of Russians is illegal and speaks of discrimination based on nationality The UK will not be able to limit the amount of cash to £50,000 ($66,800) that Russians can keep in bank accounts in the country. This is reported by Reuters, citing five sources in the industry. According to the agency, banks fear ...
According to Chancellor Nehammer, the sanctionswill only act if they weaken the one to whom they are intended, and not the onewho introduces them" Carl Nehammer Austria does not intend to advocate an embargo on the supply of oil and gas from Russia. Chancellor Karl Nehammer stated this at a meeting with journalists, Kronen Zeitung reports. Thus, when asked by a journalist about the possibility of ...
without special license The US Department of Commerce will introduce new sanctions restrictions on 120 enterprises in Russia and Belarus in the coming days. This was stated during a briefing by White House Communications Director Kate Bedingfield, broadcast by The Washington Post. “In the coming days, the Ministry of Commerce will take additional actions to weaken the Russian defense, space and ma...
Production at the Mikron plant The US Treasury expanded sanctions against Russia by including 21 companies and 13 individuals on the SDN (Specially Designated Nationals) sanctions list. In particular, the blocking sanctions included: Research Institute "Vector" - conducts research and manufactures equipment in the field of radio engineering and radio electronics. fulfills orders from federal minis...
The two largest banks may lose 600 billion rubles. due to participation in state support programs, their leaders told the government. They also cited the Central Bank's estimates of losses in the banking sector as a whole for the year at the level of 3.5–5.8 trillion rubles. The head of Sberbank German Gref and VTB board chairman Andrei Kostin warned the government about the potential losses of tw...
Russia has imposed sanctions against the top leadership of the European Union, including against a number of European commissioners and heads of EU military structures, as well as the vast majority of MEPs, according to the Foreign Ministry website. The decision was made in response to "massive unilateral EU sanctions, in accordance with the principle of reciprocity, which is basic to internationa...
London has included in the sanctions lists representatives of state-owned media, including the Rossiya Segodnya agency, Sputnik and the TV-Novosti company, which, according to the British Foreign Office,owner of RT Sergey Brilev The UK imposed sanctions against journalist and citizen of the United Kingdom Sergey Brilev, Gazprom-Media CEO Alexander Zharov and the Rossiya Segodnya state agency, the ...
against the bank could have been entered by mistake The United States has removed the Russian Ozone Bank from the SDN sanctions list, according to the website of the US Treasury. This bank came under US sanctions on 24 February. In the message of the Ministry of Finance, he was called a structure affiliated with Sovcombank, which was also included in the sanctions list. However, Sovcombank is not ...
After the freezing of foreign exchange assets by the Central Bank, the Ministry of Finance has already paid almost $300 million to holders of its dollar bonds. Payments come from blocked reserves,RBC sources say The source of dollar payments on Russia's external public debt, made by the Ministry of Finance in March, despite the sanctions , was the frozen foreign exchange reserves of the Bank of Ru...
VK does not plan to sell its own gaming division MY.Games, it is only planned to rename one of the current legal entities, RBC was told in the company's press service. “MY.Games continues to operate worldwide and will continue to develop as part of VK,” the company emphasized. Earlier, VK's desire to sell MY.Games due to sanctions against the company's CEO Vladimir Kiriyenko was announced by a Kom...
On February 24, part of the goods, including fertilizers, medical equipment and medicines, were excluded from the list of anti-Russian sanctions.A month later, the US Department of the Treasury clarified the rules for their import and export, taking into account the sanctions imposed since then. The Office of Foreign Assets Control (OFAC) of the US Treasury issued a new general license (.pdf) that...
Poluboyarinov rents a land plot in Palanga, and his wife and son own real estate on it,Lithuanian authorities confirmed Mikhail Poluboyarinov The Lithuanian authorities have banned real estate transactions in Palanga, owned by the family of the ex-head of Aeroflot Mikhail Poluboyarinov, who fell under the sanctions of the European Union, the Lithuanian National Radio and Television (LRT) reported....
All goods from Russia and Belarus will be subject to an additional duty of 35%, the Australian government has decided. Canberra announces oil embargoand other energy carriers from Russia from April 25 Australia will cancel the most favored nation trade treatment for Russia and Belarus and apply an additional 35% duty on imports from these two countries. This decision was made by Australian Prime M...
against Russia weaken the position of the dollar as the leading currency, but this is a slow process, says IMF top manager Gita Gopinath.Another consequence of the conflict between Russia and Ukraine is the growing interest in digital currencies. Unprecedented sanctions imposed on Russia by Western countries threaten to gradually weaken the dominance of the US dollar and lead to a more fragmented ...
Victoria Nuland US Under Secretary of State for Political Affairs Victoria Nuland and EU Deputy Secretary General for Political Affairs Enrique Mora met in Washington to discuss coordination of actions against Russia over Ukraine, according to the State Department website. Nuland and Mora condemned the military operation in Ukraine and noted that the US and the EU will monitor information "on war ...
Sanctions experts pointed out that "hundreds of millions" of people around the world use Kaspersky Lab products. They also fear The US White House is pressuring the Treasury to include Kaspersky Lab on the sanctions list, but they fear the consequences of such measures, The Wall Street Journal reports, citing sources. According to the publication, the White House believes that the Kremlin can use ...