Section: Sanctions

      What sanctions have Ukraine and the world imposed against Russia, and have they been effective?
      Sep13

      What sanctions have Ukraine and the world imposed against Russia, and have they been effective?

      The sanctions imposed by the world against Russia in response to its invasion of Ukraine had consequences for its economy even in the first year of their implementation. However, they have not yet led to the collapse of the country’s economy. This is partially because at the beginning of the full-scale war, allies implemented restrictions...

      Russia was predicted to experience a 30% drop in oil production and a 15% decrease in GDP, but this did not happen. What went wrong?
      Sep08

      Russia was predicted to experience a 30% drop in oil production and a 15% decrease in GDP, but this did not happen. What went wrong?

      It hasn’t gotten worse Why sanctions aren’t working What happens next March 2022. The harshest sanctions in history against Russia are being discussed in the government offices of many countries. With each new package of restrictions, the forecasts for the Kremlin looked increasingly bleak. Russia was predicted to have a 30% drop in...

      Frozen Russian assets can start working for Ukraine today. How can this be done?
      Aug28

      Frozen Russian assets can start working for Ukraine today. How can this be done?

      Is confiscation out of time? Belgian “deposits” of Russian assets Taxes from income revenues What’s next? According to recent calculations by the Kyiv School of Economics, Russian aggression has caused Ukraine damages exceeding $150 billion, which include estimated physical losses, destroyed and damaged infrastructure, and...

      A sanctions bag full of holes: what the West must do to stop Russia
      Aug23

      A sanctions bag full of holes: what the West must do to stop Russia

      The Russian economy is rapidly declining, and the ruble is one of the weakest currencies. Why is this not enough? How Russia manipulates data and fabricated figures Russia’s economy plunging into the abyss The cost of war for Russia and whether China will save It How Russia evades sanctions and how the West can stop It “No Money, No...

      How the West loses to Russia in energy sanctions
      Aug01

      How the West loses to Russia in energy sanctions

      Sanctions were late twice Russian oil found its place Gas is not under sanctions Western countries fought so vigorously against “oil” dictators in Iraq, Iran, Libya, and Venezuela that they failed to notice the biggest one right under their noses. The USA, UK, and EU not only bought Russian oil and gas for decades but also built...

      20 billion for Putin. Why don’t Western countries dare to impose sanctions against Russian metals and diamonds?
      May16

      20 billion for Putin. Why don’t Western countries dare to impose sanctions against Russian metals and diamonds?

      Diamonds for Belgium Platinum for Western automakers Non-ferrous metals for the EU Titanium for the US and Germany Steel and iron for everyone Time matters Over the past year, European Union countries have refused or restricted imports of Russian oil and oil products, coal, and natural gas. These are the main but by no means the only, sources of...

      Austria froze Russian assets worth almost $2B
      Apr21

      Austria froze Russian assets worth almost $2B

      The Minister of Finance of Austria Magnus Brunner informed on April 20, 2023, on Twitter, that Austria has frozen Russian financial assets worth almost $2 billion. Source: The Minister of Finance of Austria Magnus Brunner “Today I received the US Under Secretary of the Treasury Brian Nelson, in Vienna. The strategic axis between EU &...

      G7 countries agreed to respond better to the evasion of sanctions and the weapons supply to Russia
      Apr17

      G7 countries agreed to respond better to the evasion of sanctions and the weapons supply to Russia

      The Ministry of Foreign Affairs of Japan informed on April 17, 2023, that the foreign ministers of the Group of Seven (G7) countries during the second day of the meeting in the Japanese city of Karuizawa, agreed to strengthen monitoring of compliance with sanctions against the Russian Federation and better respond to the supply of arms by third...

      USA announced new sanctions against Russia
      Apr13

      USA announced new sanctions against Russia

      The US Department of the Treasury noted on April 12, 2023, that the US government has imposed sanctions against 25 people and several dozen organizations involved in Russian profit-making schemes mediated by oligarch Alisher Usmanov. Source: The US Department of the Treasury “Today, the US Department of the Treasury’s Office of Foreign...

      Norway introduced new sanctions against 87 Russians
      Apr04

      Norway introduced new sanctions against 87 Russians

      The Norwegian Government noted on April 4, 2023, that it introduced a new package of sanctions against Russia and its regime. Source: the Government of Norway “Norway has introduced a new round of sanctions against President Putin and the Russian regime. This corresponds to measures in the EU’s tenth sanctions package, which was...