Belgian deputy prime minister Petra De Sutter said it was time for sanctions against Israel due to the inhuman bombing in Gaza. On November 8, Belgian deputy prime minister Petra De Sutter told the Flemish daily Het Nieuwsblad that the EU member state must take action to impose sanctions on
Russian Deputy Foreign Minister Alexander Grushko, during the Eurasian Economic Forum, said that the EU lost $1.5 trillion as a result of Russia’s sanctions. According to Russian Deputy Foreign Minister Alexander Grushko, the European Union has lost almost $1.5 trillion overall as a result of the sanctions and the suspension
The US seized 1 million barrels of Iranian oil from the ship Suez Rajan in April, which was allegedly being sold to China by the IRGC. The American administration has acknowledged that it intercepted about a million barrels of Iranian crude oil that were reportedly headed for China. The department
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.