Tag: Sanctions

Interfax: State obligation is to defend business from illegitimate actions of foreign countries, companies – Medvedev

Economy, Business, Investment, Trade, Europe, EU, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of Dmitry Medvedev Before Gold Flag with Elaborate Design

GORKI. Sept 9 (Interfax) – The state will continue to provide support to Russian business amid the Western sanctions, Russian Prime Minister Dmitry Medvedev said during a meeting with NOVATEK (MOEX: NVTK) CEO Leonid Mikhelson. “You can have no doubt that in the face of such unfair actions the state has always supported and will support Russian business,” Medvedev said. […]

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Consumers Stay Away From Moscow’s Malls as Sanctions Deepen Russia’s Slump

Economy, Business, Investment, Trade, Europe, EU, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of Cash, Coins, Line Graph

(Moscow Times – themoscowtimes.com – September 9, 2014) Nearly 25 percent fewer people visited Moscow’s malls in the week leading up the start of the school year than in the same period of 2013, a survey said, indicating that Western sanctions and an economic slowdown are hitting Russian consumer demand. A report by consumer market research firm Watcom cited by […]

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Interfax: Russia dramatically reduces imports of sanctioned products from non-CIS in August

Agriculture, Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War
Truck at Russian Border Crossing

MOSCOW. Sept 9 (Interfax) – Russia dramatically reduced imports of products that are under the food embargo in August compared with July. The food embargo was imposed on August 7, 2014. According to the Federal Customs Service (FCS), vegetable, dairy, poultry and pork supplies declined the most dramatically. So, in August the cost of imports of vegetables amounted to $35.3 […]

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Moscow Times: New EU Sanctions to Inflict Long-Term Pain

Europe, EU, Ukraine, Russo-Ukrainian War
Truck at Russian Border Crossing

(Moscow Times – themoscowtimes.com – Howard Amos – September 5, 2014) The Russian business world is braced for the European Union’s unfurling of a fresh round of economic sanctions on Friday, with analysts predicting that Russia’s $2 trillion economy will be squeezed even tighter while its companies face isolation from international markets. A peace plan sketched out by President Vladimir […]

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Interfax: Stepashin: U.S., its allies are looking to get Putin out of power, isolate Russia

United States, U.S.-Russian Relations
File Photo of Vladimir Putin and Barack Obama Seated with Flags Behind

MOSCOW. Sept 5 (Interfax) – Sergei Stepashin, chairman of the Imperial Orthodox Palestine Society and former prime minister of Russia, believes the purpose of the sanctions imposed by the U.S. and its allies on Russia is to get Vladimir Putin out of power and isolate Russia on the international scene. In his letter to U.S. President Barack Obama, the text […]

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Poll: Most Russians Would Sacrifice Booze and Cigarettes to Hurt West

Europe, EU, Health, Epidemics, Substance Abuse, United States, U.S.-Russian Relations

(Moscow Times – themoscowtimes.com – September 4, 2014) More than 70 percent of Russians would ban imports of booze and cigarettes from Western countries in retaliation for sanctions, but few would give up foreign cars or pay an additional tax on vacations abroad, a recent poll indicated. Other popular measures included blacklisting foreign hotels (supported by 77 percent) and banning […]

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Business New Europe/RIA Novosti: European Commission to level new sanctions on Friday

Economy, Business, Investment, Trade, Europe, EU, Ukraine, Russo-Ukrainian War
Truck at Russian Border Crossing

(Business New Europe – bne.eu/RIA Novosti – September 3, 2014) The European Commission suggests limiting Russian state-owned companies’ access to European capital markets, as it prepares to possibly impose new tougher sanctions on Russia at a meeting on Friday, September 5. According to agency statements, the new economic sanctions against Russia, proposed by the European commission, include limiting the access […]

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As Russia and U.S. Struggle, China Rejoices

China, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
China Map

(Moscow Times – themoscowtimes.com – Alexander Panin – August 25, 2014) With multi-billion dollar energy deals between Moscow and Beijing recently being pushed through, China, the world’s second-biggest economy, is benefiting the most from the spiraling tension between Russia and the West over the violence in Ukraine. Hungarian Prime Minister Viktor Orban earlier this month compared the European Union’s sanctions […]

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Russian consumers hardest hit by sanctions

Economy, Business, Investment, Trade, Europe, EU, United States, U.S.-Russian Relations
File Photo of U.S. Dairy Cows

(Russia Beyond the Headlines – rbth.ru – Kira Tverskaya, special to RBTH – August 19, 2014) Economists point out that the Russian government’s recent food ban is likely to backfire as restaurants and consumers look for new sources for favorite products Moscow’s home cooks and restaurateurs alike have spent the past two weeks scrambling to find new sources for the […]

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Business New Europe: Sanctions aim at Russia’s Arctic push

Arctic
Polar Map Showing Permafrost Areas, Adapted From NOAA.gov Graphic

(Business New Europe – bne.eu – Joe Parson in Moscow – August 21, 2014) US and EU sanctions are threatening to derail a monster exploration and production project in the Russian Arctic between state-owned Rosneft and US oil major ExxonMobil. The threat is not that Washington will pressure US companies to pull out of Russian deals. Rather, the latest round […]

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Moscow’s Food War With West Could Hurt Russia Most

Agriculture, Economy, Business, Investment, Trade, Europe, EU, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of U.S. Dairy Cows

(RFE/RL Explainer – rferl.org – Charles Recknagel – August 21, 2014) Moscow’s sweeping ban on food imports is meant as a slap in the face to Western powers for imposing sanctions on Moscow over Ukraine. But the ban is also causing food prices to rise in Russia, which is a major importer of food and has few immediate supply alternatives. Here are four things to know […]

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Struggling With Sanctions, Russia Faces Oil Price Crash

Economy, Business, Investment, Trade, Oil, Gas, Energy, Ukraine, Russo-Ukrainian War
Oil Well file photo

(Moscow Times – themoscowtimes.com – Alexander Panin – August 20, 2014) The price of Urals crude oil, Russia’s key export and the lynchpin of its government finances, fell below $100 this week for the first time in more than a year, after plummeting $15 in under a month. Russia relies on hydrocarbon exports for 50 percent of its budget. Already […]

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Russian Farmers Will Need Years to Fill Gaps Left by Food Ban

Agriculture, Economy, Business, Investment, Trade
File Photo of U.S. Dairy Cows

(Moscow Times – themoscowtimes.com – Delphine d’Amora – August 15, 2014) Russian politicians have declared the recent bans on Western imports a golden opportunity for Russian agriculture – but farmers and economists warn that upping production is a question of years, not months, and closing the market will not be enough to solve its problems. Against a background of international […]

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Interfax: EU ready to cancel Russia sanctions if situation in east Ukraine stabilizes – Usackas

Europe, EU, Ukraine, Russo-Ukrainian War
EU Map

MOSCOW. Aug 15 (Interfax) – The European Union would not want to continue the sanctions policy regarding Russia and is not ruling out the possibility of canceling the existing measures if the situation in eastern Ukraine stabilizes. “When clear results in terms of stabilizing the situation in eastern Ukraine appear, of course, the EU will be ready to consider the […]

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Interfax: Russian top MP says Ukraine to harm itself with sanctions against Moscow

Politics, Government, Protests, Elections, Ukraine, Russo-Ukrainian War
Russian State Duma Building file photo

(Interfax – Moscow, August 13, 2014) By shelling Russian territory, Ukraine would like to provoke a prolonged conflict with it and Russia’s response should be extremely careful, head of the Russian State Duma International Affairs Committee Aleksey Pushkov (One Russia faction) has said. “Our actions must be extremely level-headed. After all this could entail a prolonged conflict and Ukraine will […]

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Business New Europe: Sanctions “unbearable” for EU, will be cancelled in 3 months

Europe, EU, Ukraine, Russo-Ukrainian War
File Photo of Cash, Coins, Line Graph

(Business New Europe – bne.eu – Danske Bank – August 13, 2014) We analyse the economic and financial impact of the Ukrainian crisis with a special focus on our footprint Nordic markets. We view the situation in Ukraine as far from de-escalating as fighting continues in Donetsk and Lugansk, which we expect to weigh on market sentiments near term. However, […]

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Fewer Russians Worry About Inflation Despite Predictions of Higher Food Prices

Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War
File Photo of U.S. Dairy Cows

(Moscow Times – themoscowtimes.com – August 13, 2014) Fewer Russians are concerned about inflation than they were a month ago, a new poll published Tuesday showed, even as analysts warned recession was inevitable and that a ban on many foreign food items would push up prices for consumers. The state-run Russian Public Opinion Research Center found that between June and […]

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RIA Novosti: No Grounds for Food Price Hikes in Russia – Deputy Prime Minister

Politics, Government, Protests, Elections
Arkady Dvorkovich file photo

MOSCOW, August 13 (RIA Novosti) – Russian Deputy Prime Minister Arkady Dvorkovich said Wednesday that a possible food shortage and a resulting imbalance in food prices that could occur in the country’s westernmost exclave could easily be compensated by Belarus. “There is a case in particular [of price imbalance] and that’s the Kaliningrad region, which is extremely close to Belarus, […]

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RIA Novosti: Russia not planning to close air transit route across Siberia – minister

Aviation, Drones
File Photo of Airplane Approaching Runway About to Land

(RIA Novosti – August 11, 2014) Russia is not planning at present to stop western airlines from flying across Siberia, Transport Minister Maksim Sokolov has said. “Do not worry, there is no decision being taken on this just yet,” he replied when asked by journalists, RIA Novosti news agency reported on 11 August. The newspaper Vedomosti reported last week that […]

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Russian Foodies React To Import Ban With Patriotism, Some Gloom

Europe, EU, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of U.S. Dairy Cows

(RFE/RL  – rferl.org – Tom Balmforth – MOSCOW, August 7, 2014) Moscow’s upmarket food shoppers are reacting variously with patriotic approval and gloomy resignation at the prospect of going without some of their favorite foreign foods for a year. The Russian government on August 7 approved a lengthy shopping list of foods and produce that cannot be imported from countries that have imposed […]

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RIA Novosti: Russia to Use All Possible Measures in WTO to Contest Sanctions – Putin’s Press Secretary

Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War
WTO Logo

SOCHI, August 11 (RIA Novosti) – Kremlin spokesman Dmitry Peskov said Moscow has a wide range of possible responses to Western sanctions under the rules of the World Trade Organization that can be used by any member. “There is a whole range of measures and defined tools within the WTO which, of course, each WTO member state has the right […]

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World War on Russia’s Mind When U.S. Duels Over Ukraine

Politics, Government, Protests, Elections
Map of Commonwealth of Independent States, European Portion

(Bloomberg – bloomberg.com – Olga Tanas – August 8, 2014) From his perch as Vladimir Putin’s adviser for building ties with fellow former Soviet republics, Sergei Glazyev perceives the world shifting to a war footing. There’s a war waged against Russia with economic sanctions and military conflicts roiling Ukraine to Iraq, according to Glazyev, 53, an academician and a native […]

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Moscow Times: Putin’s Rating Immune to Food Ban for Now

Ukraine, Russo-Ukrainian War
Aerial View of Kremlin and Environs

(Moscow Times – themoscowtimes.com – Ivan Nechepurenko – August 8, 2014) While the ban on many food imports imposed by President Vladimir Putin on Wednesday has sparked fears of Soviet-era shortages among some sections of Russian society, political analysts told The Moscow Times that it will have little effect on the level of support for the government among the public. […]

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RIA Novosti: Russia’s Food Embargo ‘Smart’ Response to Western Sanctions – U.S. Economist

Politics, Government, Protests, Elections
File Photo of U.S. Dairy Cows

WASHINGTON, August 7 (RIA Novosti), Lyudmila Chernova – Russia’s food embargo is a smart move on Moscow’s part that is set to show the United States and its allies that Russia is not going to give in to Western pressure, an American economist and co-director of a US-based research center told RIA Novosti Thursday. “It is smart of Moscow to […]

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Interfax: Naryshkin hopes Europe will understand risk of unwinding sanctions spiral

Europe, EU
Russian State Duma Building file photo

MOSCOW. Aug 8 (Interfax) – Russia’s response to the anti-Russian measures taken by the West was forced and further unwinding of the “sanctions spiral” is absurd and dangerous, Russian State Duma Speaker Sergei Naryshkin said. “As to the measures taken by Russia on the countries that initiated or support anti-Russia sanctions, they are a response aimed at protecting our citizens […]

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Interfax: Embargoed countries supply over 10% of Russia’s pork, fish and fruit, less of other foods

Ukraine, Russo-Ukrainian War
Truck at Russian Border Crossing

MOSCOW. Aug 7 (Interfax) – The countries from which Russia has just banned food imports supply over 10% Russia’s pork, fish and fruit, Agriculture Minister Nikolai Fyodorov told a briefing. Russia consumes 2.345 million tonnes of beef, but the embargoed suppliers, the EU, United States, Australia, Norway and Canada supply 59,000 tonnes of this. The figures for pork are 3.415 […]

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Interfax: Proposal to ban Western airlines from using trans-Siberian routes is “on the table” – Medvedev

Aviation, Drones, Europe, EU, Russia & the West, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Dmitry Medvedev file photo

MOSCOW. Aug 7 (Interfax) – Russian Prime Minister Dmitry Medvedev has said that Russia is considering a potential ban on European and U.S. air carriers using trans-Siberian routes as a possible retaliatory step against Western sanctions targeting Russia’s low-cost airline Dobrolet. “The government of the Russian Federation is considering a number of retaliatory steps. But it does not mean that […]

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Sanctions Would Ground Russia’s Major Airlines

Aviation, Drones, Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War
File Photo of Airplane Approaching Runway About to Land

(Moscow Times – themoscowtimes.com – Alexander Panin – August 7, 2014) The grounding this week of Russia’s low-cost airline, Dobrolyot, by European Union sanctions has exposed the vulnerability of Russia’s airline industry, which relies on aircraft leased from abroad that can be withdrawn at the push of a pen in Brussels or Washington. Russian airlines lease 90 percent of their […]

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RIA Novosti: “Russia Hopes Economic Pragmatism to Prevail Over ‘Ridiculous’ Decisions Taken by West”

Ukraine, Russo-Ukrainian War
Dmitry Medvedev file photo

MOSCOW, August 7 (RIA Novosti) – Moscow hopes that economic pragmatism will guide political decisions taken by the West, Russian Prime Minister Dmitry Medvedev said Thursday after announcing a sweeping ban on food imports from countries that sanctioned Russia. “I sincerely hope that the economic pragmatism of our Western partners will prevail over ridiculous political ideas and they would start […]

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Moscow Times: Who Is Benefiting From West-Russia Sanctions War?

Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War
Truck at Russian Border Crossing

(Moscow Times – themoscowtimes.com – Alexey Eremenko – August 6, 2014) The recent Western sanctions, the harshest in decades, are meant to stun Russia’s economy. But one person’s loss is another one’s gain – and this is also true for companies and countries in a globalized world. Following the U.S.’s example, the European Union last week imposed broad economic sanctions […]

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Will Russia limit EU flights via its airspace over sanctions?

Aviation, Drones, Europe, EU, Ukraine, Russo-Ukrainian War
File Photo of Airplane Approaching Runway About to Land

(Russia Beyond the Headlines Press Digest – rbth.ru – Sofia Savina, special to RBTH – August 5, 2014) RBTH presents a selection of views from leading Russian media, featuring news of possible restrictions on the use of Russian airspace by European airlines in response to sanctions, U.S. concern over large exercises by Russia’s air force on the Ukrainian border, and […]

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RIA Novosti: Russia believes West will continue sanctions – top diplomat

Ukraine, Russo-Ukrainian War
Truck at Russian Border Crossing

(RIA Novosti – Moscow, August 4, 2014) Moscow believes that Western countries will continue to exert pressure on Russia by means of sanctions, Russian Deputy Foreign Minister Sergey Ryabkov has said. “I think, there is a real threat which one should not underestimate: that the itch of sanctions won’t end with this [i.e. the current sanctions]. They will scratch it […]

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Sanctions on Technology Imports Leave Russia Playing Catch Up

Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Truck at Russian Border Crossing

(Moscow Times – themoscowtimes.com – Alexander Panin – August 4, 2014) The impact of the EU’s latest and harshest sanctions on Russia will be felt most keenly in the country’s economic sectors that are largely dependent on state-of-the-art Western technology, ranging from the extraction of hydrocarbons to civil aircraft production, analysts said. The European Union late last week officially approved […]

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RIA Novosti: Russian Scientists Hope Western Sanctions Will Not Impede Space Projects

Space
International Space Station file photo

MOSCOW, August 4 (RIA Novosti) – Russian scientists hope that the western sanctions, imposed on Russia over the crisis in Ukraine, will not impede the implementation of space projects, according to the director of the Lebedev Physical Institute Astro Space Center, Nikolai Kardashev. The scientist specifically hopes the sanctions will not affect the Millimetron space observatory mission – a high-sensitivity […]

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White House Transcript: Press Conference by the President [excerpt]

Ukraine, Russo-Ukrainian War
White House

The White House Office of the Press Secretary For Immediate Release August 01, 2014 Press Conference by the President [excerpt] James S. Brady Press Briefing Room THE PRESIDENT: Look, this is a common theme that folks bring up. Apparently people have forgotten that America, as the most powerful country on Earth, still does not control everything around the world. And […]

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EU Arms Embargo: A Shot Across the Bow of Russia’s Defense Industry

Arms Trade, Military Aid, Europe, EU, Military, Ukraine, Russo-Ukrainian War
EU Map

(Moscow Times – themoscowtimes.com – Matthew Bodner – August 1, 2014) The West’s latest round of sanctions on Russia will not have much immediate impact on the county’s defense industry, but they do have the potential to strike a blow to Russia’s 23 trillion ruble ($646 billion) military modernization drive, analysts say. The European Union on Thursday formally banned the […]

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New Western Sanctions May Severely Hurt Russian Economy

Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War
File Photo of Cash, Coins, Line Graph

(RFE/RL – rferl.org – Charles Recknagel – July 30, 2014) The latest round of EU and U.S. sanctions over Ukraine will restrict Moscow’s access to what Russia arguably needs most: Western financing and new technology. Here are five things to know about the sanctions and their impact. How much could the sanctions hurt Russia? This batch of sanctions comes at […]

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Russia Beyond the Headlines Press Digest: U.S. and EU sanctions are pushing Moscow toward Beijing

Economy, Business, Investment, Trade, Europe, EU, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Collage of Russian Newspapers

(Russia Beyond the Headlines – rbth.ru – Sofia Savina, special to RBTH – July 30, 2014) RBTH presents a selection of views from leading Russian media on the latest developments in Ukraine, featuring widespread reaction to the imposition of yet another wave of sanctions against Russia by the U.S. and the EU, as well as news of Russian aviation experts’ […]

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Separatists’ Faults May Give Putin a Way Out

Ukraine, Russo-Ukrainian War
Ukraine Map and Flag

(Moscow Times editorial – themoscowtimes.com – July 31, 2014) Russia may finally have a pretext for bailing out on Ukrainian separatists. But the pretext is not sanctions – it’s ethics. Still, the idea will be highly difficult for President Vladimir Putin to transmit, as there are few people who can take the moral high ground in the Russian establishment. Putin, […]

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Russia Beyond the Headlines: Russians less afraid of sanctions

Economy, Business, Investment, Trade, Europe, EU, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of Cash, Coins, Line Graph

(Russia Beyond the Headlines – rbth.ru – Kira Egorova, RBTH – July 30, 2014) A new survey shows that the number of Russians concerned about economic restrictions imposed by the West is steadily decreasing A new poll from the Levada Center has revealed that Russians are becoming less afraid of sanctions. The most recent survey, conducted between July 18-21 after […]

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New EU sanctions will not force Russia to change policy on Ukraine – envoy

Ukraine, Russo-Ukrainian War
Map of Western CIS/FSU and European Environs

(Interfax – July 25, 2014) The sanctions introduced by the European Union against Russia will not force Moscow to change its policy on the situation in Ukraine, Russia’s permanent representative to the European Union Vladimir Chizhov has said, privately-owned Interfax news agency reported on 25 July. “This is incorrect logic, to think that sanctions can force, in this case Russia, […]

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RIA Novosti: Flight MH17 is Trump Card in US’ Information War with Russia

Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of Vladimir Putin and Barack Obama Seated with Flags Behind

(RIA Novosti – Ekaterina Blinova – July 25, 2014) Praising the ruthless military operation by Kiev against both armed rebels and unarmed civilians, American neocons have also been inciting Washington to launch wide-raging economic warfare against Russia in recent months. Thus, unsurprisingly, when the Ukrainian government released information on the Malaysia Airlines flight MH17 catastrophe, the US media hastened to […]

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EU opposes Russian oil and gas sanctions, considers targeting other sectors

Europe, EU, Oil, Gas, Energy, Ukraine, Russo-Ukrainian War
EU Map

(Business New Europe – bne.eu – Concorde Capital – July 24, 2014) EU Energy Commissioner GYnther Oettinger opposes sanctions on Russian natural gas and oil but doesn’t rule out sanctions on energy technology and equipment, he told a July 23 press conference in Brussels, as reported by the UNIAN news agency. “I always spoke against including energy supplies of Russian […]

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Ukraine update

Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War
Ukraine Map and Flag

(Business New Europe – bne.eu – Tim Ash, Standard Bank – July 24, 2014) What is now clear on the ground is that Ukraine is at war, and with significant casualties suffered now by both sides on a daily basis – tens of lives lost almost daily now. The conflict is also causing very significant disruption and costs to the […]

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RIA Novosti: Medvedev Says US, EU Companies Clearly Show Intention to Continue Work in Russia

Economy, Business, Investment, Trade, Europe, EU, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Dmitry Medvedev file photo

MOSCOW, July 23 (RIA Novosti) – Moscow has received «clear signals» from US and European companies about their intention to continue work in Russia, Prime Minister Dmitry Medvedev said Wednesday. «We have received quite clear signals that European and American companies are set to continue work with Russian partners. Time is ripe now to use non-political formats and pay attention […]

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Russian Billionaires in ‘Horror’ as Putin Risks Isolation

Economy, Business, Investment, Trade, Europe, EU, Terrorism, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of Cash, Coins, Line Graph

(Bloomberg – bloomberg.com – Henry Meyer, Irina Reznik, Ilya Arkhipov – July 21, 2014) Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the war in Ukraine in the wake of […]

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Russia to Challenge U.S. Sanctions at WTO

Economy, Business, Investment, Trade, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
WTO Logo

(Moscow Times – themoscowtimes.com – Mark Lammey – July 21, 2014) Russia is planning to complain to the World Trade Organization, or WTO, abou t sanctions imposed by the U.S. over Russia’s perceived failure to help de-escalate the ongoing crisis in Ukraine, media reports said. The U.S. on Wednesday let rip with its third and harshest round of sanctions against […]

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How will new round of sanctions affect Russia?

Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
File Photo of Cash, Coins, Line Graph

(Russia Beyond the Headlines – rbth.ru – Alexei Lossan, RBTH – July 18, 2014) The U.S. Department of the Treasury has included large Russian companies in its list of sanctions, including the main institute of development VEB (Vnesheconombank), the major oil company Rosneft, and several defense-industrial enterprises. Experts consider these to be the most serious sanctions ever to be leveled […]

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RIA Novosti: Medvedev Says U.S. Sanctions against Moscow Won’t Bust Russian Economy

Ukraine, Russo-Ukrainian War
Dmitry Medvedev file photo

LIPETSK, July 18 (RIA Novosti) – US sanctions imposed on Russia are restraints but will not cripple the country’s economy, Russian Prime Minister Dmitry Medvedev said Friday. “This is a program of limiting our country, or as is accepted to say, restraining [Russia],” Medvedev told students at a metallurgical plant in Lipetsk. “Sanctions won’t cripple our economy, everything will be […]

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‘Isolating Russia’ in the Oil and Gas Sector

Europe, EU, Oil, Gas, Energy, Ukraine, Russo-Ukrainian War
Oil Well file photo

(Gordon M. Hahn – gordon-hahn@sbcglobal.net – Analyst and Advisory Board Member, Geostrategic Forecasting Corporation, Chicago, Ill, geostrategicforecasting.com; Analyst, Rus Strategic Ltd., Prague, Czech Republic; Senior Researcher, Center for Terrorism and Intelligence Studies, Akribis Group, San Jose, Calif.) Since the Russia’s annexation of Crimea in March in the wake of the revolutionary takeover in Kiev in February, U.S. policy has rested on […]

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