Western companies that cooperate with Russia will be additionally checked, – NACP Ukraine
National Agency on Corruption Prevention of Ukraine (NACP) reported on Twitter on September 7, 2022, that international companies cooperating with the Russian Federation would automatically come under increased verification from Western financial institutions. Source: National Agency on Corruption Prevention of Ukraine (NACP) “Great...
Latvia suspends the issuance of residence permits to Russian and Belarusian citizens for a year
Citizens of the Russian Federation and Belarus will not be issued residence permits in Latvia until June 30, 2023. The Cabinet of Ministers of the country supported the relevant amendments to the Immigration Law on September 6, 2022. Source: The Government of Latvia “Amendments to the Immigration Law also provide that until June 30, 2023,...
Absolute majority of Europeans support Ukraine and reduce dependence on Russian gas, – survey
The absolute majority of Europeans support Ukraine in connection with the attack of the Russian Federation. 92% support humanitarian aid, 90% – providing shelter to Ukrainians who travel abroad due to the war, and 78% – economic sanctions against Russian elites and businesses. Source: The summer 2022 Standard Eurobarometer survey ...
Russian banks lost $25 billion due to sanctions
Deputy Chairman of the Russian Central Bank noted on September 2, 2022, that 40% of Russian “systemically important banks”, which are the largest in the country and have higher capital adequacy requirements, disclosed their losses in the first half of this year. Source: Deputy Chairman of the Russian Central Bank Dmytro Tulin Russian...
Ukrainian government approved sanctions against Belarus and Russia, included Putin’s daughters
The press service of the Ministry for Reintegration of the Temporary Occupied Territories of Ukraine noted that the Cabinet of Ministers of Ukraine at its meeting on September 2, 2022, approved a new package of sanctions, which applies to 99 individuals and 178 legal entities, including the daughters of Russian President Vladimir Putin. Source:...
G7 finance ministers agreed to set a price limit for Russian oil
G7 finance ministers discussed on Friday, September 2, 2022, the response to Russia’s war of aggression against Ukraine and the war’s damaging impact on the world economy, and agreed to limit prices for Russian oil imports. Source: Finance ministers of G7 countries “We confirm our joint political intention to finalize and...
US issued a warrant for the arrest of the plane of the Russian energy company worth $45M
The US Department of Justice reported on August 31, 2022, that a court in Texas has issued a warrant for the seizure of a Boeing aircraft belonging to the Russian oil and gas company Lukoil, the value of which is estimated at $45 million. Source: The US Department of Justice The plane violated US sanctions imposed against the Russian Federation...
The world’s largest payment system has limited work with Russian sanctioned banks
On September 2, 2022, it became known that the world’s largest Chinese payment system UnionPay has limited work with Russian acquirer banks against which sanctions were imposed due to the war in Ukraine. Source: Representative of the bank It is noted that UnionPay has banned the service of its cards issued by foreign banks in their POS...
Norway joined the seventh package of EU sanctions against Russia
Ministry of Foreign Affairs of Norway noted on August 26, 2022, that Norway joined the seventh package of European Union sanctions against Russian President Vladimir Putin and the Russian regime. Source: Minister of Foreign Affairs of Norway Anniken Huitfeldt “The package of sanctions adopted by the EU on July 21, 2022, has been...
Russia’s seaborne export of coal almost stopped due to EU sanctions
On August 25, 2022, it became known that the export of Russian coal by sea was effectively stopped due to the prohibition of the European Union to serve deliveries of Russian coal anywhere in the world within the framework of the fifth package of sanctions. Source: Bloomberg journalists The agency found out that JSC “Suek”, the...