Tag Archives: sanctioned

China’s National People’s Congress (NPC) appointed General Li Shangfu, who has been sanctioned by the US for dealings with Russia, as the country’s new defense minister on Sunday. In 2018, the US blacklisted Li as the then-head of the Equipment Development Department for “significant transactions” involving the transfer of Su-35 …

Ukrainian President Vladimir Zelensky has called on Western governments to sanction Russia’s nuclear industry over Moscow’s supposed “nuclear terrorism.” Meanwhile, Ukraine is accused of shelling a nuclear power plant controlled by Russia.  In a Twitter post on Sunday, Zelensky said that he had spoken with European Council President Charles Michel …

An Austrian MP has called for the EU to impose sanctions on Ukrainian oligarchs, who he claims are the real culprits behind the military conflict between Kiev and Moscow. Martin Graf described the bloc’s current policy on Ukraine deeply flawed. “I demand that the EU authorities impose sanctions on Ukrainian …

The US Treasury Department on Tuesday issued a general license authorizing energy-related transactions with sanctioned Russian banks through December 5. The previous license was due to expire on June 24. According to the document, published on the department’s website, transactions will be allowed with Vnesheconombank, Otkritie, Sovcombank, Sberbank, VTB, Alfa-Bank, …

Taiwanese Foreign Minister Joseph Wu hopes the world would impose sanctions on Beijing if it attacked Taipei, similar to those faced by Moscow over its offensive in Ukraine. China stated that it would not be intimidated by talks about sanctions and isolation, warning against ‘copy-pasting’ the Ukraine crisis into the Asia Pacific. …

Russia’s largest independent oil company Lukoil announced on Thursday that its president, Vagit Alekperov, is stepping down from his post and quitting as a member of the firm’s board of directors. Alekperov became company president in 1993. Relevant notices have been sent to the chairman of the company’s board of …

The thousands of sanctions introduced against Russia since 2014 over the crisis in Ukraine by the United States and its allies have put the country at the top of the most targeted nations list. Russia has officially become the most sanctioned country in the world, surpassing Iran, Syria and North …

Venezuela’s economy is poised to grow by as much as one-fifth in 2022 as a surge in production of crude triggers an eye-popping rebound for the nation’s GDP, which saw a dramatic decline amid US sanctions, according to Credit Suisse economist Alberto Rojas. “These are not typos! If we are …

By sanctioning Russia without a plan for replacement fuel, the European Union may have hurt itself more than Moscow in its drive to punish Russia over its invasion of Ukraine, former European diplomat Alastair Crooke told RT. NATO’s economic attack on Russia has split world powers into “two separate spheres,” Crooke explained …

Ukraine is expecting to be granted access to $400 billion worth of frozen Russian assets for the country’s reconstruction fund, President Volodymyr Zelensky’s economic adviser, Oleg Ustenko, said in an interview with the local Ukraine 24 news outlet. “We are talking primarily about the $300 billion frozen Russian Central Bank reserves… …