According to the Office of Foreign Assets Control (OFAC) of the US Department of Treasury, the Indian company Tibalji Petrochem Pvt Ltd has been sanctioned for an oil deal with Iran.
A Swiss billboard is making the rounds on social media depicting a young woman on the telephone. The caption reads, "Does the neighbor heat the apartment to over 19 degrees (66F)? Please inform us." While the Swiss government has dismissed the poster as a fake, the penalties Swiss citizens face for daring to warm their homes are very real. According to the Swiss newspaper Blick, those who violate the 66 degree heating limit could face as many as three years in prison!
One may surmise that Western sanctions against Russia are failing if Europeans are now turning to trash burning to heat their homes. This comes in the wake of Polish households burning trash just to stay warm as sanctions on Russia backfire.
According to a Bloomberg report, the seized super yacht of Russian businessman Dmitry Pumpyansky will be auctioned with the proceeds going to J.P. Morgan after he secured a court order in Gibraltar last month allowing the sale of the yacht.
New Delhi has increased its energy purchases from Russia over the past three months, delivering substantial quantities of a variety of items in exchange. This is how the Western sanctions have brought Russia and India closer.
It is important to keep in mind that Pakistan is a nuclear-armed ally of the US, but that relationship has long caused US officials to feel extremely uneasy. The US is now targeting Pakistan's nukes related to Russia sanctions.
The recent sanctions placed on Russia have proven that the role it plays in the global economic order is much greater than is commonly thought.
The Coordinator of Strategic Communications for Washington’s National Security Council, John Kirby, said on 28 October that the US has no plans to either ease the Caesar Act sanctions against Syria or to withdraw its illegally occupying forces from the country.
The visa denial to Indians policy has become a form of collective punishment imposed in retaliation for India not following the Victoria Nuland way on S-400 or Ukraine, a path that is leading to trade disruptions, famine, unrest and a looming repeat of the Great Depression of the 1930s.