EU has ‘frozen €17 billion in assets’ of Russian oligarchs and elites

Photo by Karolina Grabowska on Pexels.com Some €17 billion in assets of Russian oligarchs and entities have been frozen in the European Union across seven member states following sanctions against Russia in response to the war in Ukraine, according to Brussels. "So far, the assets of 90 people have been frozen, amounting to more than … Continue reading EU has ‘frozen €17 billion in assets’ of Russian oligarchs and elites

Russia’s brave response to global sports sanctions

Russian sport has the strength to handle the current sanctions imposed by various federations and has already successfully implemented numerous "anti-crisis" measures, according to Sports Minister Oleg Matytsin. Speaking at a board meeting of his ministry on Monday, Matytsin outlined the pressures that Russian sport has faced since the International Olympic Committee (IOC) recommended a … Continue reading Russia’s brave response to global sports sanctions

Ukraine Crisis: Mariupol evacuations continue as EU readies more sanctions on Russia

A group of around 100 civilians have been evacuated from the besieged Azovstal steel plant, the last stronghold of Ukrainian soldiers in Mariupol. Moscow says some civilians were handed over to the Red Cross and the UN, who confirmed the operation. Ukrainian authorities started to evacuate more civilians from the city on Monday. U.S. Speaker of … Continue reading Ukraine Crisis: Mariupol evacuations continue as EU readies more sanctions on Russia

Russia: Sanctions on Putin’s daughters ‘difficult to understand’

After new U.S. sanctions targeted Vladimir Putin's two adult daughters and other family members of prominent Russians, a Kremlin spokesman has lashed out at the West. In a newly released list of prominent Russians being sanctioned in response to the war in Ukraine, Putin's daughters, Maria Vorontsova and Katerina Tikhonova, were included in the latest … Continue reading Russia: Sanctions on Putin’s daughters ‘difficult to understand’

Ukraine Crisis: Why has China maintained a low-profile status?

Despite the rhetoric of a strong friendship with Russia, China has chosen a low-profile strategy in the Ukraine-Russia war to protect its own interests as Beijing has shown little interest in providing Moscow with any actual economic lifelines, said a media report. While China has refused to abandon Moscow or yield to US threats of … Continue reading Ukraine Crisis: Why has China maintained a low-profile status?

Russia takes down Instagram in latest social media crackdown

Photo by Omkar Patyane on Pexels.com Russian regulators said Friday that the country's internet users will be blocked from accessing Instagram, saying it's being used to call for violence against Russian soldiers. In Moscow's latest move to restrict access to foreign social media platforms, communications and media regulator Roskomnadzor said in a statement that it's … Continue reading Russia takes down Instagram in latest social media crackdown

How US ban on Russian oil will affect consumers

Image shows Russian President Vladimir Putin (left) with Russian billionaire Alisher Usmanov in 2018. Mikhail Svetlov/Getty Image President Joe Biden announced Tuesday that the US will ban Russian energy imports as part of sanctions responding to Russia's invasion of Ukraine. The embargo will include oil, liquefied natural gas and coal.  "That means Russian oil will … Continue reading How US ban on Russian oil will affect consumers

US targets Putin and Russian oligarchs in fresh sanctions

The United States on Friday imposed sanctions on more Russian oligarchs and elites, increasing pressure on those close to Russian President Vladimir Putin in punishment over Moscow's invasion of Ukraine. Those hit with sanctions on Friday include 10 people comprising VTB Bank's board, 12 members of the Duma and the family of Kremlin spokesman Dmitry … Continue reading US targets Putin and Russian oligarchs in fresh sanctions

DIRTY MONEY: UK plots attack on Putin and Russian oligarchs

Britain set out ways it would crack down on "dirty money" on Monday, introducing new legislation to "hobble" Russian President Vladimir Putin by making it more difficult for those close to him to use London as their playground. The much-delayed Economic Crime Bill comes as lawmakers from across the political spectrum call on the government … Continue reading DIRTY MONEY: UK plots attack on Putin and Russian oligarchs

Trade war

Trade War: US to sanction more Chinese companies

The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist, citing "national security" and "human rights" issues. The U.S. Commerce Department said in a statement that it will add 24 Chinese governmental and commercial organizations to the Entity List "for engaging in activities contrary to the national security or … Continue reading Trade War: US to sanction more Chinese companies

Trade war

China issues new sanctions on US diplomats

China Friday said it had taken 'reciprocal' measures against US diplomats in the country, who will have to notify the foreign ministry before meeting with local officials. Foreign ministry spokeswoman Hua Chunying said China had notified the US embassy of the new measures Wednesday, which she said were a "countermeasure" to Washington's decision in October … Continue reading China issues new sanctions on US diplomats

US government will increase sanctions on Iran – Mike Pompeo

US Secretary of State Mike Pompeo pledged that new sanctions would be imposed on Iran as he visited the UAE on Thursday. Mr Pompeo met Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, for talks on the regional situation and the attacks on oil centres in … Continue reading US government will increase sanctions on Iran – Mike Pompeo