RT reported that Russian President Vladimir Putin, during his speech at the St. Petersburg International Economic Forum, discussed plans to seize ‘naughty’ Western companies. Putin is hitting back in retaliation after Western governments have frozen some $300 billion in Russian central bank assets since the Ukraine war began. The Russian
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
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.
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.
The National Academy of Sciences, which is a key science body, has sanctioned a White House climate official, Jane Lubchenco, who serves as the White House Office of Science and Technology Policy’s deputy director for climate and the environment.
Iran is avoiding sanctions by using cryptocurrency. With international cash scarce, Iran is resorting to cryptocurrency to keep imports flowing.
With gas and oil exports accounting for 30 to 40 percent of Russia’s budget, Switzerland’s position in this wartime equation cannot be underestimated. This is how Switzerland is helping Russia avoid sanctions.
The Russian ruble has undergone an astonishing recovery, surging to levels not seen in almost two years, after losing over half of its value in March owing to Western sanctions. Sergey Kopylov, a junior partner at consultancy firm BSC and a lead researcher at Plekhanov Russian University of Economics, unravels
The sanctions imposed on Russia by the West to punish it for its military action in Ukraine have caused Beijing to conduct massive stress tests modeling the impact of Russia-style sanctions on China.