Saturday , June 19 2021
Home / Tag Archives: sanctions

Tag Archives: sanctions

US sanctions on Russia’s sovereign debt come into force

In April, US President Joe Biden signed an executive order authorizing the imposition of yet more restrictions. The move signaled a further expansion of Washington’s existing sanctions policy on Moscow, which is aimed at cutting off Russia from the global financial markets. The new restrictions bar American investors from directly …

Read More »

US sanctions become blessing in disguise for Iran’s energy sector

Shortly after the US Department of Justice announced on Monday that two million barrels of impounded Iranian oil had been sold for $110 million, a pair of suspicious fires broke out affecting Iranian infrastructure. The first, striking the country’s biggest warship, the IRIS ‘Kharg’, eventually caused the vessel to sink …

Read More »

US sanctions against Moscow are a ‘persistent risk’ but national reserves can withstand everything, says Russian Central Bank head

This is according to Elvira Nabiullina, the governor of Russia’s central bank. “That’s why our monetary policy, as well as fiscal policy and whole macroeconomic policy, is quite conservative,” she told American broadcaster CNBC, noting that Russia has reserves big enough “to withstand all financial scenarios or geopolitical scenarios.” Russia …

Read More »

Russia may be cut off from SWIFT banking payment system as part of West’s ‘spiral of sanctions,’ warns country’s foreign ministry

“It’s no secret that there are threats, primarily from the United States, to disconnect Russia from the SWIFT system,” said Dmitry Birichevsky, director of the Economic Cooperation Department of the Russian Foreign Ministry. Speaking on RIA Novosti on Monday, the diplomat noted that Russia has concerns that SWIFT could get …

Read More »

EU pledges aid to an anti-Damascus region in the name of Syrian sovereignty but sanctions Assad government for being sovereign

Right after pledging a humanitarian-aid package of some 26 million euro on Wednesday to the Kurdish-controlled breakaway region of Northeastern Syria (NES), EU authorities on Thursday renewed punitive sanctions against the Syrian government of Bashar Assad. That same day, the Syrian leader won re-election as president in a landslide victory, …

Read More »