In April, US President Joe Biden unveiled a new package of sanctions against Russian businesses and officials, while, at the same time, effectively banning American financial institutions from buying shares in Russian sovereign debt. Officials in Washington described the restrictions as a “proportional” response to alleged meddling by Moscow in …
Read More »Russia’s foreign exchange reserves continue to rise despite sanctions & pandemic
The regulator said that the growth seen from April 16 to 23 was supported by positive revaluation as well as foreign currency purchases within the budget rule that requires extra revenues from energy exports to be used for boosting the national reserves. Russia’s foreign exchange reserves have been rising for …
Read More »Karin Kneissl: Are sanctions the sharp sword of a strong foreign policy, or a sign of weakness?
Now, there seems to be a demand for talks, as suggested by Foreign Minister Heiko Maas. Chancellor Sebastian Kurz of Austria is of the same opinion. But further delays in the construction of Nord Stream 2 could result in a new round of sanctions. Some see sanctions as a foreign …
Read More »Accusations of racism, criticism as Australia introduces CRIMINAL sanctions for citizens intending to arrive home from India
The measure was introduced by the Australian government for its residents and citizens on Friday. Starting from May 3, no one will be allowed to arrive into the country from India, otherwise facing civil fines, imprisonment, or both. It’s the first time returning home for citizens might be regarded as …
Read More »French defense minister threatens ‘sanctions’ against ex-generals behind open letter blasting Islamism and ‘suburban hordes’
The letter, which had caused a stir in the media, was published in the conservative ‘Valeurs Actuelles’ news magazine on April 21. The appeal was signed by around 20 retired generals along with “a hundred senior officers and more than a thousand soldiers,” the magazine said. Striking an ominous tone, …
Read More »China will support Russia over new American sanctions, Beijing’s Foreign Ministry announces, insisting US should ‘respect’ Moscow
Speaking to journalists on Monday, Chinese Foreign Ministry spokesman Wang Wenbin said his government was “strongly opposed to the use of unilateral sanctions” and would work with its allies to reduce their impact. “China and Russia maintain a comprehensive partnership with each other,” the official said. ”In matters of protecting …
Read More »Austrian Chancellor & German Foreign Minister warn new EU sanctions against Russia won’t work, as both call for dialogue instead
Speaking to Swiss daily newspaper Neue Zürcher Zeitung, Chancellor Sebastian Kurz spoke out against the idea of new restrictive measures aimed against Moscow. While, according to him, “the sanctions already imposed by the EU were the right thing to do,” it is now “important to focus on dialogue. Peace on …
Read More »So wait, RUSSIA got Biden elected? In conjuring an excuse for sanctions, White House goes full conspiracy theory
Announcing a series of anti-Russian measures – incorrectly called “sanctions” – last week, President Joe Biden claimed Moscow is engaging in “efforts to undermine the conduct of free and fair democratic elections and democratic institutions in the United States and its allies and partners.” A White House “fact sheet” …
Read More »Russia BANS FBI & DNI directors, Susan Rice, John Bolton, and AG Garland from entering, in new tit-for-tat sanctions blacklist
Among the list of US figures blocked from entering Russia from Friday are FBI Director Christopher Wray, Secretary of Homeland Security Alejandro Nicholas Mayorkas, Attorney General Merrick Garland, Domestic Policy Advisor Susan Rice, and Director of National Intelligence Avril Haines. Others blocked from the country include Director of Federal Bureau …
Read More »Biden’s Sanctions Binge represents the high-water mark of the ‘Putin Whisperers’
Back in the Cold War, the US and Soviet Union wore “big-boy pants” – they understood the realities of the world they lived in and accepted the consequences of their respective actions like adults. Espionage was a given; when you succeeded, you kept your mouth shut, and when you were …
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