A study conducted by the De Nederlandsche Bank (DNB), the Dutch Central Bank, has revealed that Dutch banks fail to freeze Russian assets due to typos. A third of Dutch financial institutions are unable to trace and freeze blacklisted Russian assets due to translation errors in account owners’ surnames, undermining
The US is losing its grip on the Middle East as Iran and Saudi Arabia expand their relations with China, all thanks to sanctions. On Friday, members of the Arab League welcomed the Syrian regime back to the organization. Representatives from several Arab member states shook Syrian leader Assad’s hand
The office of Prime Minister Rishi Sunak outlined the measures in a statement that Britain is banning Russian diamonds. The United Kingdom has announced a ban on importing of Russian diamonds and several types of metal, as well as additional sanctions on 86 people and companies allegedly linked to Moscow’s “military
The economic war against Russia has partially failed due to Europe having itself paid a high price to effect a partial boycott of Russian oil and gas. There was much mirth in the West this week when Vladimir Putin’s Victory Day parade through Red Square included just one tank, itself
Treasury Secretary Janet Yellen warned in a quote to CNN that the US dollar may lose its dominance if nations are sanctioned.
Rajiv Bansal, secretary, ministry of civil aviation, confirmed the development that the US wants to ban the landing of Air India planes using Russian airspace.
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 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.
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.
