(Paul Goble – Window On Eurasia – Staunton, Feb. 13, 2021) One of the paradoxes of relations between Russia and the West is that when Russian actions at home or abroad prompt Western governments to react by seeking to impose penalties on Moscow, those penalties only make it easier for the Kremlin to repress its population at home, Vladislav Inozemtsev […]
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… Republican and Democratic lawmakers called for new sanctions against Moscow if the Kremlin moves to enforce stringent restrictions and punishing fines that threaten RFE/RL’s news operations in Russia […]
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… Not only did that aggressive breach of international law trigger Western sanctions … the authorities in Moscow also never gave the public an honest estimate of just how much money would need to be spent, nor for how long […]
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… Russian corporations have lost almost $100 billion since sanctions were imposed … following the annexation of Crimea … equivalent to about 4.2 percent of the country’s economy [then] […]
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“New measures target companies that would provide services or funding for vessels working on Nord Stream 2” “… [2019] U.S. Sanctions … focused on pipe-laying vessels for Nord Stream 2 and halted the $10.5 billion [natural gas] pipeline[,] … designed to transmit Russian gas to Germany, 100 miles short … beneath the Baltic Sea. … [A] State Department [web announcement] […]
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“At the very least, analysts expect that a victory for Biden would increase tensions between Washington and Moscow, and would raise the probability of new sanctions on Russia. The country is already operating under international sanctions on some key sectors and Russian officials close to Putin, for actions including its annexation of Crimea from Ukraine in 2014, interference in the […]
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Looming U.S. elections and disparate EU interests could translate into a symbolic response. (Moscow Times – themoscowtimes.com – Jake Cordell – Sept. 4, 2020) Lawmakers across Europe and the U.S. are scrambling to respond to the revelation that Kremlin critic Alexei Navalny was poisoned with Novichok – a lethal Soviet-era military nerve agent – with the possibility of fresh sanctions […]
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(Russia Matters – russiamatters.org – Lincoln Pigman – Aug. 19, 2020) Lincoln Pigman is a research fellow at the Foreign Policy Center and an alumnus of King’s College London’s Department of War Studies and Oxford University’s School of Global and Area Studies. Four years have passed since the alarm was first raised about Russia’s meddling in U.S. elections, from its […]
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“Russia’s controversial Nord Stream 2 gas pipeline is close to the finish line – but might be closer to finished as a viable project, after one of the companies involved in laying the pipe on the Baltic seafloor said … it would withdraw …. For years, the United States has tried to kill off Russia’s latest effort to strengthen its […]
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… The United States opposes the Nord Stream 2 pipeline, which would run under the Baltic Sea and double Russia’s direct natural gas exports to Germany while bypassing Ukraine […]
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YouTube has blocked accounts of the Tsargrad TV channel in Russia and its former chief editor, pro-Kremlin analyst Aleksandr Dugin. … Google, which owns YouTube, said … that the accounts were blocked due to the violation of laws on sanctions and trade regulations […]
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“As the United States [adds] … pressure … against Nord Stream 2, friction with Germany, which would receive much of the pipeline’s gas, will intensify. …. Many countries in Central and Eastern Europe see the pipeline as a glaring example of German hypocrisy … Berlin lectures them about carbon neutrality and human rights while guzzling fossil fuels from one of […]
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“U.S. officials fear the pipeline will give Moscow greater political leverage across Europe.” “Denmark granted unexpectedly swift approval for resuming construction of the Russian-backed Nord Stream 2 pipeline in Danish waters, potentially clearing one of … [its] last hurdles …. The pipeline, once finished and certified, will deliver Russian natural gas to Germany …. U.S. lawmakers and officials fear … […]
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Russia could restart construction on final pipeline stretch, while U.S. mulls super sanctions bill against project […]
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“A … natural gas pipeline being built under the Baltic Sea from Russia … to the German coast is shaking up geopolitics. Nord Stream 2 … worries … bypassed countries in Eastern Europe … fear[ing the loss of] transit fees … [while also] adding to friction with the U.S., which argues the link would give the Kremlin new leverage over […]
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Moscow is not discussing anti-Russian restrictions with the European Union, Director of the Russian Foreign Ministry’s European Cooperation Department Nikolai Kobrinets said […]
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A bipartisan group of U.S. senators has expressed its intent to put another spoke in the wheel of Gazprom’s 55 BCm per year Nord Stream 2 pipeline […]
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“U.S. senators [reportedly] will announce a bill this week expanding sanctions on … [the] Gazprom-led Nord Stream 2 project … [that] Washington says will make Europe too reliant on Russian gas. The Protecting Europe’s Energy Security Clarification Act[, spearheaded by Republican Senator … Ted Cruz[ and Democratic Senator] Jeanne Shaheen … follows legislation signed by … Trump last year …. […]
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“A modest investment by the European Bank for Reconstruction and Development (EBRD) in a Russian travel company may prove to be the sanctions dambuster that the Kremlin has been longing for. The London-headquartered bank announced on April 7 it would provide finance to a Russian travel aggregator Travelata as part of its €1bn coronavirus (COVID-19) funding programme … designed to […]
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(Article text ©2020 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – March 26, 2020 – article text also appeared at rferl.org/a/30511615.html) Russian President Vladimir Putin has proposed at a Group of 20 (G20) video conference that a freeze be placed on economic sanctions to allow countries to better combat the coronavirus pandemic that has infected more than 500,000 worldwide […]
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(Article text ©2019 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Todd Prince – WASHINGTON, Dec. 4, 2019 – article text also appeared at rferl.org/a/u-s-senate-hearing-exposes-partisan-differences-over-new-russia-sanctions/30306449.html) A hearing in the Senate to discuss U.S. foreign policy towards Russia exposed partisan disagreements over whether to impose new sanctions on a rival power accused of “malign” actions, including interference in foreign elections. […]
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(Moscow Times – themoscowtimes.com – Nov. 19, 2019) Ruble volatility has fallen to its lowest level in five years, amid a pause in sanctions pressure from the U.S. and more stable macroeconomic policies from the Russian government. The ruble’s implied volatility on the financial markets – a measure of how extreme traders expect swings in the value of the currency […]
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“… The U.S., acting alone, won’t succeed in changing … [the behavior] of the Russian government. Only the Russian people are capable of this. … Putin runs the country with unrivaled strength[] [b]ut his time will pass. We need to do … more thinking about the institutions and generations that will outlast him. … [W]e need to cultivate constructive relationships […]
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“This brief summarizes a report that comprehensively examines nonviolent, cost-imposing options that the United States and its allies could pursue across economic, political, and military areas to stress – overextend and unbalance – Russia’s economy and armed forces and the regime’s political standing at home and abroad. Some of the options … are clearly more promising … any would need […]
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(Moscow Times – themoscowtimes.com – August 26, 2019) A new round of U.S. sanctions on Russia over the poisoning of a former spy in Britain last year has gone into effect on Monday. Washington imposed an initial batch of sanctions last year on Russia after determining that Moscow had used a nerve agent against a former Russian double agent, Sergei […]
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“… the U.S. Senate Foreign Relations Committee advanced a bill that would impose sanctions on the Nord Stream 2 (NS2) pipeline … currently under construction … [that] could bring up to 55 billion cubic meters of Russian natural gas directly to Germany. … [T]he House of Representatives’ Foreign Affairs Committee approved a companion bill. The rationale for the sanctions (beyond […]
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“A[ Kremlin] economist [and top Putin advisor] known for challenging Russia’s tight-money policies … is leaving the Kremlin after seven years. Sergei Glazyev will switch to the Eurasian Economic Commission that oversees relations between … Eurasian Economic Union [member states] … Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan … Glazyev alarmed investors … with calls for massive state spending, abandoning the […]
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The fall in oil prices cost the country on average $48.75 billion in lost economic growth per year. (Moscow Times – themoscowtimes.com – August 6, 2019) Sanctions have had a less severe impact on Russia’s GDP growth than low oil prices, the International Monetary Fund (IMF) said in its latest report on the country. Between 2014 and 2018, sanctions slowed […]
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“… Trump … signed an executive order imposing new sanctions on Russia, responding to growing pressure from Congress to further punish Moscow after a nerve agent attack …. the second round of sanctions by the administration after a botched attempt in March 2018 to fatally poison a former Russian military intelligence officer, Sergei Skripal, in … Salisbury [in the UK]. […]
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“… Anders Aslund … in ‘Russia’s Crony Capitalism: The Path from Market Economy to Kleptocracy‘ … [casts Putin] as a patriarchal overlord … handsomely reward[ing] those loyal …. creat[ing] a new elite of friends, former co-workers and relatives. What’s less clear is what, if anything [can be done about it]. … [A]naly[zing] the last 15 or so years of Putin’s […]
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(Russia Matters – russiamatters.org – Nicholas Trickett – July 11, 2019) Nicholas Trickett is editor in chief of BMB Russia and an associate scholar with the Foreign Policy Research Institute. He specializes in the domestic and international political economy of the Russian energy and infrastructure sectors and Russian foreign policy, and is currently finishing an MSc in international political economy […]
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(Oilprice.com – Irina Slav – July 4, 2019) Economic realities including the fluctuating international oil prices are among factors interfering with the Russian government’s economic program, President Vladimir Putin said in an interview with Italian Corriere della Serra ahead of a state visit to Rome. Asked about why, despite his overwhelming victory in the latest elections and the virtual non-existence […]
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(Russia Matters – russiamatters.org – Ben Aris – May 30, 2019) Ben Aris is editor in chief of bne Intellinews. He has been covering Russia as a journalist since 1993. While Moscow has been aggressively advancing its interests on the international stage, Russia’s stagnating economy means the country risks gradually falling behind the rest of the world and possibly facing […]
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(Oilprice.com – Nick Cunningham – May 23, 2019) There is a growing push in the U.S. Congress to slap sanctions on the Nord Stream 2 pipeline. The pipeline under construction would carry Russian natural gas to Germany, and has been a lightning rod of controversy both in Europe and across the Atlantic. Many governments and officials from Eastern Europe fear […]
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KYIV. May 20 (Interfax) – Ukrainian President Volodymyr Zelensky has received representatives of the Administration and Congress of the United States who came to Kyiv to attend an official presidential inauguration ceremony. Zelensky thanked the U.S. for its leading role in regaining Ukraine’s sovereignty and territorial integrity and for the assistance in promoting domestic reforms, according to the official presidential […]
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(Moscow Times – themoscowtimes.com – May 22, 2019) Foreign direct investment (FDI) into Russia accounted for only 0.2 percent of gross domestic product (GDP) from 2015-2018, putting it at the bottom of the list of emerging markets, the RBC news website reported, citing the Institute of International Finance (IIF). The IIF figures exclude reinvested earnings to focus on “real” GDP. […]
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Since Russia’s 2014 invasion of Ukraine, Western powers have hit Moscow with economic sanctions, hoping to put a stop to President Vladimir Putin’s aggression. Have they worked? (Council on Foreign Relations – Andrew Chatzky – May 2, 2019 – cfr.org/article/have-sanctions-russia-changed-putins-calculus – Andrew Chatzky covers economics, energy, and geopolitics, and helps edit the Daily News Brief.) The United States and the […]
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(Russia Matters – russiamatters.org – RM Staff – April 18, 2019 – russiamatters.org/blog/trump-and-russia-quid-pro-quo-or-quid-pro-talk) A few weeks before today’s release of the voluminous Mueller report, a former New York Times executive editor, Max Frankel, argued in an op-ed that the Trump campaign and “Vladimir Putin’s oligarchy” had reached an “obvious bargain” in the run-up to the 2016 presidential election: The “overarching […]
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WASHINGTON. April 14 (Interfax) – If the currently discussed U.S. legislation on new anti-Russian sanctions is enacted, its implementation is going to be either delayed or unlikely to affect those banks whose problems could actually change the general economic situation in Russia, Accounts Chamber head Alexei Kudrin said. “I suppose that the framework provisions are going to be adopted, but […]
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“… Since 2014, the U.S. has imposed travel bans, asset freezes and finance and trade restrictions against hundreds of Russian individuals and companies … a multinational effort …. 1. What U.S. sanctions are in place against Russia? More than 700 Russian people and companies have been targeted …. 2. Why were the sanctions imposed? … starting in 2014 after Russia […]
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(Article text ©2019 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – April 4, 2019 – article text also appeared at rferl.org/a/russian-migrate-west-gallup-poll-one-in-five/29861985.html) One in five Russians say they would leave their country if they could, according to a new poll by Gallup. The Washington-based pollster said on April 4 that since 2014, the percentage of working-age Russians who say they […]
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“… Working-class Russians … have increasingly shouldered the burden of an economy beset by Western sanctions and a government more committed to military spending than overhauling the civilian economy. … after years of paying for Moscow’s military adventures abroad, the economic malaise in Nizhniy Tagil, once considered a bastion of Kremlin loyalty, highlights growing discontent and an erosion of support […]
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(Article text ©2019 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – March 19, 2019 – article text also appeared at rferl.org/a/putin-tells-prosecutors-to-protect-rights-of-business-owners/29830693.html) President Vladimir Putin has urged Russian prosecutors to protect the rights of businesspeople “with a view to improving the business climate.” Speaking to a gathering of prosecutors in Moscow on March 19, Putin said that a “more effective […]
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“Russian lawmakers on Tuesday backed the international use of a Russian alternative system for the global financial messaging network SWIFT designed by Moscow to eliminate the risk of Western sanctions. Russia has held talks with China, India, Iran and Turkey about joint use of Russia’s financial messaging system …. Russia started developing an alternative to the Belgium-based SWIFT financial messaging […]
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MOSCOW. March 14 (Interfax) – Russia should seek to mitigate the Western sanctions by synchronizing the efforts of the ministries of foreign affairs, the interior, and economic development, and other agencies toward a better investment climate, Audit Chamber Chairman Alexei Kudrin said. “We need a friendly global environment, we need to enter these [foreign] markets and operate in various jurisdictions, […]
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“… Navalny said western sanctions against Moscow missed the target and were not working, and that the U.S. and UK had no real interest in tackling ‘dirty money.’ … Navalny labelled existing economic curbs ‘chaotic’ and ‘incomprehensible’ and said attempts to rein in Russia should refocus to target properly the powerful oligarchs with close links to … Putin. … argu[ing] […]
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(Government.ru – February 14, 2019) Irada Zeynalova: We know perfectly well that the Americans are now preparing a package of doomsday sanctions. They already know all the sensitive points of our economy. Our economy is growing even with the sanctions, but they still have surprises for us. What should we do in this situation? Do we even fear these sanctions? […]
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(Article text ©2019 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – February 14, 2019 – article text also appeared at rferl.org/a/us-senators-press-new-tough-russia-sanctions-bill/29769099.html) A bipartisan group of U.S. senators has introduced a bill that would impose drastic new sanctions on Russia over its meddling in U.S. elections and aggression against Ukraine. The bill, the latest congressional effort to push President Donald Trump […]
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MOSCOW. Feb 14 (Interfax) – Chairman of the Russian State Duma Foreign Affairs Committee Leonid Slutsky has said he believes that Russia can counteract new U.S. sanctions if they are imposed. “American senators have submitted the updated bill, which was earlier dubbed the ‘sanctions bill from hell’ against Russia. The motives behind it are completely far-fetched and unsubstantiated,” Slutsky told […]
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“… Tests commissioned by the company last year and undertaken by Australia-based AMC Consultants, along with a scoping study conducted in 2018, determined that there are 63 million ounces of gold at Sukhoi Log, Polyus has told investors. While independent mining analysts haven’t confirmed that estimate on their own, many of them refer to Sukhoi Log as one of the […]
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