russianeconomy
The U.S. State and Treasury departments issued what they called a "sweeping" set of sanctions against Russia and its financial backers on June 12, in the latest move to try and degrade Moscow's wartime economy. Western countries have imposed extensive economic restrictions against Moscow over its full-scale invasion of Ukraine, seeking to curb its state revenue and prevent it from obtaining key technologies needed for the war effort. More than two years into its war, it is unclear if the measures have had their desired effect. Russia has increasingly mobilized its economy to support its war, a...
Kyiv Independent
The U.S. State and Treasury departments issued what they called a "sweeping" set of sanctions against Russia and its financial backers on June 12, in the latest move to try and degrade Moscow's wartime economy. Western countries have imposed extensive economic restrictions against Moscow over its full-scale invasion of Ukraine, seeking to curb its state revenue and prevent it from obtaining key technologies needed for the war effort. More than two years into its war, it is unclear if the measures have had their desired effect. Russia has increasingly mobilized its economy to support its war, a...
Kyiv Independent (CA)
The U.S. State and Treasury departments issued what they called a "sweeping" set of sanctions against Russia and its financial backers on June 12, in the latest move to try and degrade Moscow's wartime economy. Western countries have imposed extensive economic restrictions against Moscow over its full-scale invasion of Ukraine, seeking to curb its state revenue and prevent it from obtaining key technologies needed for the war effort. More than two years into its war, it is unclear if the measures have had their desired effect. Russia has increasingly mobilized its economy to support its war, a...
Kyiv Independent (UK)
Western sanctions against Russia have not impacted trade outside of the West, said Hamad Buamim, chair of the Dubai Multi Commodities Center, in comments to the Financial Times published on May 29. Despite more than a dozen rounds of EU sanctions against Russia and associated measures from the U.S. and other Western partners, Russia's economy has remained resilient. While Russia's business ties with the West have shrunk, other countries outside of Europe have increasingly taken advantage of the opportunities. Throughout Russia's full-scale war, the United Arab Emirates (UAE) has maintained eco...
Kyiv Independent
Western sanctions against Russia have not impacted trade outside of the West, said Hamad Buamim, chair of the Dubai Multi Commodities Center, in comments to the Financial Times published on May 29. Despite more than a dozen rounds of EU sanctions against Russia and associated measures from the U.S. and other Western partners, Russia's economy has remained resilient. While Russia's business ties with the West have shrunk, other countries outside of Europe have increasingly taken advantage of the opportunities. Throughout Russia's full-scale war, the United Arab Emirates (UAE) has maintained eco...
Kyiv Independent (UK)
Western sanctions against Russia have not impacted trade outside of the West, said Hamad Buamim, chair of the Dubai Multi Commodities Center, in comments to the Financial Times published on May 29. Despite more than a dozen rounds of EU sanctions against Russia and associated measures from the U.S. and other Western partners, Russia's economy has remained resilient. While Russia's business ties with the West have shrunk, other countries outside of Europe have increasingly taken advantage of the opportunities. Throughout Russia's full-scale war, the United Arab Emirates (UAE) has maintained eco...
Kyiv Independent (CA)
Russian President Vladimir Putin is trying to revive the Soviet Union, but two can play this game. To complete the Kremlin’s grotesque historical reenactment, the West should launch a new economic Cold War in response. In addition to the war of aggression waged against the civilians and cities of Ukraine, Russia has also waged an asymmetrical economic war against the global economy and the international trade system that underpins it. Russia’s weaponization of trade, particularly of energy supplies, has caused massive disruptions in international markets and triggered a cascade of economic set...
Kyiv Independent
Russian President Vladimir Putin is trying to revive the Soviet Union, but two can play this game. To complete the Kremlin’s grotesque historical reenactment, the West should launch a new economic Cold War in response. In addition to the war of aggression waged against the civilians and cities of Ukraine, Russia has also waged an asymmetrical economic war against the global economy and the international trade system that underpins it. Russia’s weaponization of trade, particularly of energy supplies, has caused massive disruptions in international markets and triggered a cascade of economic set...
Kyiv Independent (CA)
Russian President Vladimir Putin is trying to revive the Soviet Union, but two can play this game. To complete the Kremlin’s grotesque historical reenactment, the West should launch a new economic Cold War in response. In addition to the war of aggression waged against the civilians and cities of Ukraine, Russia has also waged an asymmetrical economic war against the global economy and the international trade system that underpins it. Russia’s weaponization of trade, particularly of energy supplies, has caused massive disruptions in international markets and triggered a cascade of economic set...
Kyiv Independent (UK)
EU diplomats agreed Wednesday to use income from frozen Russian state assets to aid Ukraine – paving the way for the war-torn country to get around €3 bn for arms purchases and reconstruction before the summer. Since the full-scale invasion of 2022, €210 billion in assets of the Moscow central bank have sat frozen within the bloc – chiefly at the Euroclear depositary in Belgium. The deal was agreed “in principle” at a regular meeting of national representatives, according to a tweet by Belgium, currently chairing talks in the European Council. Brussels has long touted using the interest from t...
Euronews (English)
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