European Union Imposes New Sanctions on Russia: Import Restrictions and Expanded List of Sanctioned Individuals and Entities

European Union Imposes New Sanctions on Russia: Import Restrictions and Expanded List of Sanctioned Individuals and Entities

It is expected that imports amounting to approximately five billion euros will be restricted, as well as the list of sanctioned persons will be expanded to include 120 individuals and legal entities, The Wall Street Journal reports. The list of natural persons will be supplemented with 47 people, among them relatives of the highest Russian … Read more

EU Sanctions on Russia: Impact on Diamond Exports and Military Spending

EU Sanctions on Russia: Impact on Diamond Exports and Military Spending

The sanctions package, which must be unanimously approved by European Union (EU) countries, also includes measures aimed at preventing Moscow from circumventing oil price restrictions. Since Russia’s repeated invasion of Ukraine in February 2022, the EU has already applied 11 rounds of sanctions to Russia. Sanctions have crippled Russia’s economy, but the Kremlin still manages … Read more

EU Proposes New Sanctions Against Russia: Ban on Diamonds and Oil Price Cap

EU Proposes New Sanctions Against Russia: Ban on Diamonds and Oil Price Cap

The European Commission (EC) has proposed new sanctions against Russia over its war in Ukraine, imposing a ban on Russian diamonds and strengthening other measures such as a cap on oil prices, it said, citing EC documents. Politico. Since Russia’s invasion of Ukraine, Brussels has implemented 11 sanctions packages targeting various areas. The latest sanctions … Read more

US Warns Chinese Companies Against Supporting Russian Military Efforts

US Warns Chinese Companies Against Supporting Russian Military Efforts

According to Yelena, this issue was raised during a two-day meeting with Chinese Vice Premier He Lifeng. The minister expressed his concern that the military equipment, avoiding sanctions, goes to Russia. “I emphasized that companies should not provide material support to the Russian defense industry and that they face significant consequences if they do so,” … Read more

EU to Implement Ban on Russian Diamonds: G7 Agreement Removes Obstacles

The foreign policy chief said the G7-level agreement removed obstacles set by Belgium and other countries. The European Union intends to begin implementing a long-delayed ban on Russian diamonds next week. This is reported by the British publication The Financial Timesquoting a statement by EU foreign policy chief Josep Borrell. Following a meeting of diplomats … Read more

Maxim Shein’s ‘No Bad News’ Weekly Investment Show on BCS World of Investments: Making Money on Every News

Maxim Shein’s ‘No Bad News’ Weekly Investment Show on BCS World of Investments: Making Money on Every News

“No Bad News” is a weekly news show about investments on the BCS World of Investments channel, in which Maxim Shein proves that you can make money on every news, no matter how bad it is. In this issue: — The main topic is new US sanctions. Which Russian companies are subject to restrictions and … Read more

The Impact of Western Sanctions on Russia’s Economy: Heavy Blow to Budget and Development

Western sanctions dealt a serious blow to Russia, despite attempts by a number of experts to argue otherwise. Despite the statements of a number of experts about Moscow’s ability to effectively circumvent sanctions in the oil and gas sector, the reality looks different. The West managed to deal a heavy blow to the Russian budget, … Read more

Russia Faces Acute Shortage of Bulk Carriers for Transporting Goods

Russia Faces Acute Shortage of Bulk Carriers for Transporting Goods

The Russian Federation has an acute shortage of bulk carriers – ships for transporting goods in bulk. The Russian corporation AEON is faced with the problem of removing coal from its deposits in Taimyr. It lacks bulk carriers to transport goods by sea. This is stated in the new report of the Russian Ministry of … Read more

The US temporarily lifts sanctions on Venezuelan oil and gas

The US temporarily lifts sanctions on Venezuelan oil and gas

(EFE).- The United States announced this Wednesday the temporary lifting of several sanctions that weighed on Venezuela, including those in the oil and gas sector, after the Government and the country’s opposition agreed on international supervision of the upcoming elections. Joe Biden’s Administration warned, however, that the suspension of sanctions on oil and gas will … Read more

Progress in Russia and Ukraine Situation: Russia Allows Visa-Free Entry for Ukrainians, UK Imposes Sanctions on Russian Officials

Progress in Russia and Ukraine Situation: Russia Allows Visa-Free Entry for Ukrainians, UK Imposes Sanctions on Russian Officials

Original title: Progress in the situation in Russia and Ukraine: Russia allows Ukrainian citizens to enter visa-free and the UK announces sanctions on a number of Russian officials China News Service, Beijing, September 30th Comprehensive News: On the 29th local time, Russia announced a decree stipulating that Ukrainian citizens can enter and leave Russia visa-free … Read more