Russia sought on Thursday to retaliate against Western sanctions imposed over its invasion of Ukraine by banning exports of certain goods and agricultural commodities. Exporting telecom, medical, auto, agricultural, electrical, and tech equipment, as well as some forestry products, will be banned until the end of 2022. “These measures are a logical response to those…
Moscow Retaliates Against Western Sanctions With Export Bans
March 10, 2022
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US Warns China About Consequence of Helping Russia
Accusations are flying as Russia’s war on Ukraine rages on. Beijing voices its own take on who is to blame. Washington issues a serious warning to China, addressing Chinese companies that might help Russia go around American sanctions. How are Western sanctions on Russia impacting China? And what would a China-Russia alliance mean to the…
A Financial Iron Curtain
Commentary With war in the headlines and market volatility at an extreme, you might have missed this tidbit in Monday’s Epoch Times, entitled “China, Russia Trade Surges Amid Ukraine War”: China’s “exports to Russia rose by 41.5 percent in the first two months (of 2022) compared to the previous year to $12.6 billion, topping growth with…
Russia Says Aviation Sanctions Threaten Safety of Russian Flights—RIA
Russia’s foreign ministry said that sanctions imposed by the United States and European Union on aviation threatened the safety of Russian passenger flights, the RIA Novosti news agency reported on Wednesday.
UK Sanctions on Russian Oil Will Push up Living Costs, Britons Warned
March 9, 2022
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Britain’s new sanctions on Russian oil and gas imports could have an impact on the cost of living in the UK, politicians and experts have warned. Business secretary Kwasi Kwarteng announced on Tuesday that Britain will join the United States in halting the import of Russian oil and related products, to ramp up the economic…
Bulgaria May Seek Exception to Any EU Sanctions on Russian Gas and Oil
March 8, 2022
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SOFIA—Bulgaria supports sanctions on Russia as a means to halting its invasion of Ukraine, but will likely seek an exception on banning Russian natural gas and oil imports if such a proposal is put forward, Prime Minister Kiril Petkov said on Monday. EU and NATO member Bulgaria is almost completely dependent on gas supplies from…
France Warns Russia Against Blackmail Over Iran Nuclear Talks
March 8, 2022
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VIENNA—France on Monday warned Russia not to resort to blackmail over efforts to revive a nuclear deal between Iran and world powers, after Moscow demanded a United States guarantee that sanctions it faces over Ukraine would not hurt its trade with Tehran. Iranian regime in turn said it would not allow others to impede its…
Australia Rolls Out New Sanctions Targeting Russian ‘Disinformation’
The Australian government is topping up existing sanctions against Moscow with a new round of measures to combat an alleged Russian disinformation campaign. The sanctions were announced on March 8, in a statement by the Australian Department of Foreign Affairs (DFAT). This follows the previous tranche of sanctions already declared on Feb 28. The new…
Is Beijing Nervous as Switzerland Adopts EU Sanctions Against Russia?
Commentary If the Chinese Communist Party (CCP) is still contemplating on how the world will react if it launches an attack on Taiwan, perhaps the current Swiss sanction on Russia could serve as a warning. So far, the European Union, the United States, and Japan have announced to ban Russian banks from the SWIFT financial…
UK Bolstering Russia Sanctions With New Powers to Move Further and Faster: Johnson
The UK is “bolstering” its package of sanctions against the Kremlin with “new powers in our arsenal to go further and faster”, UK Prime Minister Boris Johnson has said. Johnson said the changes will “ramp up the pressure on those criminal elites trying to launder money on UK soil”, ensuring they have “nowhere to hide”….
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