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Tag Archives: Russia

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US imposes more sanctions on Russia

The US Department of the Treasury has added 13 individuals and 21 new companies to its list of Specially Designated Nationals to be sanctioned under the Office of Foreign Assets Control, according to a notice posted to its website on Thursday. The agency has also removed two companies from the …

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Germany and France react to Russia’s gas-for-ruble demand

French Finance Minister Bruno Le Maire and German Economy Minister Robert Habeck said on Thursday that their countries won’t buy Russian gas with rubles, insisting that gas contracts in euros “must be observed.” Earlier, Russian President Vladimir Putin told Berlin that payments in euros would be converted to rubles upon …

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Moscow comments on Caucasian republic’s intention to join Russia

Moscow respects the will of the people of South Ossetia, but has not taken any legal action after the Caucasian republic’s authorities announced the intention to hold a referendum on joining Russia, according to Kremlin spokesman Dmitry Peskov.  “I can’t express any position. We have not taken any legal or …

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Anti-Russia sanctions may weaken the US dollar – IMF

Sanctions against Russia could undermine the global dominance of the US dollar, according to Gita Gopinath, the first deputy managing director of the International Monetary Fund. “The dollar would remain the major global currency even in that landscape but fragmentation at a smaller level is certainly quite possible,” Gopinath said …

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Russia gives US dollar a SWIFT kick

The Indian government is reportedly considering Moscow’s proposal to turn to the Russian payment system, which allows direct rupee-ruble transfers in bilateral trade. The mechanism developed by the Russian central bank is expected to boost commerce between the two countries by avoiding dollar-denominated trade, and allow the world’s third biggest …

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China & India are loyal to Russia, claims chess grandmaster

Chess grandmaster Sergei Shipov has said that Russia should host chess tournaments with players from countries that are “loyal” to it invited – including China, India and Belarus. Russia has been banned from holding events run by the International Chess Federation (FIDE) as a result of the attack on Ukraine, although …

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Russia’s Putin and Germany’s Scholz talk gas for rubles

Russian President Vladimir Putin and German Chancellor Olaf Scholz spoke by phone on Wednesday to discuss Moscow’s demand that Berlin pay for Russian gas with rubles, rather than in euros or dollars.  According to the German version of events, Putin agreed that payments would continue for the moment in either …

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Ukraine’s plans for US-funded biolabs included drones – Russia

Documents and other evidence from US-funded laboratories in Ukraine suggest that Kiev was planning to use drones to deploy pathogens against the Donbass as well as Russia, the Russian Defense Ministry said on Wednesday. Moscow has also identified specific US officials involved in the development of bioweapons in Ukraine. Of …

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