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The new EU sanctions package will include 35 individuals and 19 companies

The new EU sanctions package will include 35 individuals and 19 companies

The EU plans to add 35 individuals and 19 companies from Russia, the DPRK and China to the sanctions list. The new package will include prohibitive duties on fertilizers and certain agri-food products.

News of the World • January 29, 12:09 PM • 28822 views
EU prepares phased Russian aluminum ban - Bloomberg

EU prepares phased Russian aluminum ban - Bloomberg

The EU plans a phased ban on imports of Russian aluminum and to disconnect 15 banks from SWIFT. The new package of sanctions will also include restrictions on 70 ships of the “shadow fleet”.

Economy • January 29, 06:19 AM • 34783 views
It's official: EU extends economic sanctions against Russia until the end of July

It's official: EU extends economic sanctions against Russia until the end of July

The EU Council has officially extended economic sanctions against Russia until July 31, 2025. The restrictions cover trade, finance, energy, technology and other sectors.

Politics • January 27, 12:31 PM • 138777 views
Putin’s alternative to dollar fails to excite Brics partners - FT

Putin’s alternative to dollar fails to excite Brics partners - FT

Russia presented the BRICS Bridge project as an alternative to SWIFT at the Kazan summit. China, India, and other BRICS countries show little practical interest amid the risk of secondary U.S. sanctions.

Economy • October 24, 12:56 PM • 18828 views
China's exports to Russia hit a record amid sanctions

China's exports to Russia hit a record amid sanctions

In September, China's exports to Russia reached a record $11. 25 billion, up 16.6%. At the same time, imports from Russia fell by 9.2% due to sanctions that made international payments more difficult for Moscow.

News of the World • October 19, 07:38 AM • 20066 views
Russia passes new law on cryptocurrency to avoid Western sanctions

Russia passes new law on cryptocurrency to avoid Western sanctions

Russia has authorized the use of cryptocurrencies in international trade to circumvent Western sanctions. The new law will come into force in September, but will not affect the ban on cryptocurrencies in the country.

Economy • July 30, 08:40 PM • 103389 views
G7 plans to send tough warning to Chinese banks about ties with Russia - Reuters

G7 plans to send tough warning to Chinese banks about ties with Russia - Reuters

The G7 is expected to issue a strict warning to small Chinese banks to stop helping Russia evade Western sanctions over the war in Ukraine.

Economy • June 10, 05:59 AM • 23271 views
The dollar dominates global trade and reserves - IMF

The dollar dominates global trade and reserves - IMF

According to the IMF's Geeta Gopinath, the US dollar remains the dominant currency, accounting for more than 80% of trade transactions and almost 60% of foreign exchange reserves, despite rising geopolitical risks and gradual diversification into other currencies.

Economy • May 8, 09:00 AM • 14483 views
Ukraine calls on FATF to blacklist Russia amid growing ties with Iran and North Korea

Ukraine calls on FATF to blacklist Russia amid growing ties with Iran and North Korea

Ukraine has called on the FATF to blacklist Russia at its upcoming meeting due to Russia's growing financial ties with Iran and North Korea, which threaten global security.

War • February 14, 10:58 AM • 24470 views
EU extends economic sanctions against Russia for another six months

EU extends economic sanctions against Russia for another six months

The European Council has extended economic sanctions against Russia for another 6 months until July 31, 2024 in response to Russia's actions to destabilize the situation in Ukraine. The sanctions, first introduced in 2014, have been significantly expanded since February 2022 and include restrictions on trade, finance, technology, industry, transportation and luxury goods.

Politics • January 29, 02:02 PM • 23792 views