Sanctions Evasion

Russia And Iran Achieve Full De-Dollarization 1

Russia And Iran Achieve Full De-Dollarization

Russia and Iran have officially stopped using the US dollar for trade between their countries, switching entirely to their own national currencies—the Russian ruble and the Iranian rial. This major shift, confirmed by Mohammad-Reza Farzin, the Governor of the Central Bank of Iran (CBI), marks a bold move to sidestep

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US Threatens To Sanction Countries For Allowing Russian Banks 1

US Threatens To Sanction Countries For Allowing Russian Banks

The US is now sending a stern warning to countries that let Russian banks set up shop in their territories. The US Treasury Department says that Russia is getting around existing sanctions by opening branches of its banks in other countries. This clever move is helping them dodge the financial

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