LONDON—The euro edged lower on Monday after Germany and France said a new round of sanctions targeting Russia were needed amid war crimes allegations in Ukraine. The euro, which has been under pressure due to worries about the economic damage from the war in Ukraine, slipped 0.15 percent versus the dollar to park at $1.1031…
Sanctions Against Russia Aren’t Working, Need to Be More ‘Robust,’ Says Polish Prime Minister
WARSAW, Poland—Polish Prime Minister Mateusz Morawiecki said that Western sanctions against Russia over its invasion of Ukraine aren’t having their intended impact, with the rebound of the Russian ruble proof that the existing measures are “not robust enough.” Morawiecki on Saturday met with EU Parliament President Roberta Metsola at a reception center near Warsaw for…
Russia to End International Cooperation on Space Station, Cites ‘Killer’ Sanctions Against Moscow
April 2, 2022
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Business & EconomyEuropeInternationalInternational Space StationRussiaRussia-Ukraine WarsanctionsScienceSpaceTechWorld
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Russia’s space agency Roscosmos will halt its cooperation with international partners like NASA on the International Space Station (ISS), citing crippling sanctions designed to “kill” the Russian economy. Dmitry Rogozin, the chief of Roscosmos, made the announcement in a series of statements on Twitter, in which he said that collaboration on joint projects like the…
Russia to End International Cooperation on Space Station Unless Sanctions Lifted
April 2, 2022
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Business & EconomyEuropeInternationalInternational Space StationRussiaRussia-Ukraine WarsanctionsScienceSpaceTechWorld
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Russia’s space agency Roscosmos will halt its cooperation with international partners like NASA on the International Space Station (ISS), citing crippling sanctions designed to “kill” the Russian economy. Dmitry Rogozin, the chief of Roscosmos, made the announcement in a series of statements on Twitter, in which he said that collaboration on joint projects like the…
US Issues Fresh North Korea Sanctions After Recent Missile Launches
WASHINGTON—The United States on Friday imposed sanctions on five entities it accused of providing support to North Korea’s development of weapons of mass destruction and ballistic missile programs, increasing pressure on Pyongyang following a recent series of missile launches. The Treasury Department in a statement said the action targets the Ministry of Rocket Industry, which…
China, Russia Continue ‘Limitless Friendship’; New Pentagon Plan Calls China the Pacing Threat
March 31, 2022
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budgetChinaChina InsiderEpochTVGlobal Expansionnational defensePentagonRussiasanctionsSpecial TopicsUS-ChinaUS-China relations
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China and Russia’s romance continues—at least, that’s what China says. We explore what China’s aggressive tones, like breaking international order or criticizing the United States, have done to our perception of the communist regime. President Joe Biden’s new defense budget proposal is facing the heat. At the same time, the Pentagon released its 2022 defense…
Three Red Flags in the Biden Administration’s Ukraine Policies
Commentary With the Russian invasion of Ukraine on Feb. 24 in direct violation of Article 2(4) of the United Nations Charter, Washington has shifted into overdrive to marshal support for Ukraine. This includes an avalanche of speeches and the rapid passage of a $13.6 billion “Ukraine military aid bill” that was, fittingly (and ironically), the Potemkin…
Russia Approves ‘Parallel Imports’ After Top Brands Halt Sales
Russia has authorised retailers to import products from abroad without the trademark owner’s permission, Prime Minister Mikhail Mishustin said on Wednesday, after global brands halted sales or stopped exports over Moscow’s military campaign in Ukraine. Russia’s retail sector has been upended by Western economic sanctions and decisions by firms such as H&M, Apple and Nike…
Majority of Americans Support Sanctions on China If It Aids Russia: Poll
March 29, 2022
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CCPChinaChina Business & EconomyChinese RegimeInternational RelationspollRussiasanctionsSpecial TopicsUncategorizedUS-China relations
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Nearly 75 percent of likely voters polled believe that President Joe Biden should issue similar sanctions on the Chinese Communist Party (CCP) as he has on Russia, if the CCP chooses to provide aid to Russia. The poll follows allegations by the U.S. State Department that CCP leadership was mulling a request for economic and…
The Global Majority Does Not Condemn Russia
Commentary Contrary to the spin promoted by the Western media, Russia’s invasion of Ukraine has not been universally condemned, sanctions have not been widely adopted, and trade with Russia has not been limited to a trickle. The demonization of Russia is primarily a project of America and its allies. By some metrics—such as the countries’…
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