Category: Sanctions

Interfax: Lifting of some restrictions from FSB confirms Trump’s intention to normalize relations with Russia – former FSB Director Kovalyov

Economy, Business, Investment, Trade, Sanctions, Science, Technology, Engineering, Spies, Spy Allegations, United States, U.S.-Russian Relations
Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

MOSCOW. Feb 9 (Interfax) – The U.S. Department of the Treasury’s decision to drop some restrictions imposed earlier on the issuance of licenses and permits to export computer technologies to Russia shows that the Donald Trump administration is consistent in its efforts to normalize cooperation with Russia, Nikolai Kovalyov, a State Duma deputy and former head of the Federal Security […]

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Moscow Doesn’t Expect Trump to End Sanctions All at Once but ‘Cleverly’ Over Time, Markov Says

Economy, Business, Investment, Trade, Sanctions, United States, U.S.-Russian Relations
File Photo of Donald Trump Waving Before Large Crowd with Trump Signs, adapted from image at whitehouse.gov

(Paul Goble – Window on Eurasia – Staunton, February 3, 2017) “Russophobia is so deeply rooted in European-American ideology,” Sergey Markov says, that Moscow doesn’t expect new US President Donald Trump to end all sanctions all at once but rather “in a clever fashion” that avoids problems for him and over a significant period of time. The words of Markov, […]

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NEWSWATCH: “Trump-Putin ties now seen as key to peace in eastern Ukraine” – CNBC/Silvia Amaro

JRL NewsBlog, Sanctions, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Map of Ukraine, Including Crimea, and Neighbors, Including Russia

“Escalating violence in eastern Ukraine … has underlined the importance … Trump now plays in the region … promising to restore peace after a phone call with … Poroshenko. Trump has signaled his intent to have a closer relationship with Russia and … Putin. And with an open line of communication with Poroshenko, Trump could well prove … instrumental. * […]

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American Business Lobby In Moscow Sees Sympathetic Ally In President Trump; The American Chamber of Commerce in Moscow isn’t happy about sanctions. But don’t call it a policy position.

Economy, Business, Investment, Trade, Sanctions, United States, U.S.-Russian Relations
Kremlin and Saint Basil's File Photo

(Moscow Times – themoscowtimes.com – Matthew Bodner – February 2, 2017) In mid-December, with Donald Trump’s ascension to the presidency looming, former Republican congressman Jack Kingston flew to Moscow. Kingston, a senior Trump surrogate, was dispatched to liaise with American firms working in Russia. The topic on everyone’s minds was the U.S. sanctions imposed on Russia in response to its […]

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What Vladimir Putin Could Explain to Donald Trump

Iran, Nuclear Proliferation, Nuclear, Missile Defense, Religion, Russia & the West, Sanctions, Terrorism, United States, U.S.-Russian Relations
File Photo of White House with South Lawn and Fountain

(Jack Matlock, U.S. Ambassador to the Soviet Union from 1987 to 1991 – jackmatlock.com – January 31, 2017) The telephone conversation last Saturday between the American and Russian presidents seems to have been amicable and constructive, at least in a general sense. They are reported to have discussed key world issues as potential partners, not as adversaries or enemies. That […]

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NEWSLINK: “Russia Survived Sanctions, And BlackRock Goes Overweight” – Forbes.com/Kenneth Rapoza

Economy, Business, Investment, Trade, Newslinks, Oil, Gas, Energy, Sanctions
Diverse Paper Currency, Coins, Line Graph

“… Russian oil and gas companies, along with its biggest banks, were sanctioned in the summer of 2014 following the March annexation of Crimea, a Black Sea peninsula in southeastern Ukraine. Tension between the West and Russia increased that year as a new, U.S. backed government led by Arsesniy Yatsenyuk took hold in Kiev, sending Moscow into panic mode. Russia […]

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Putin and Trump Want to Team Up, but That’s Not Going to Be Easy

Europe, EU, Germany, Sanctions, United States, U.S.-Russian Relations
Donald Trump

(Moscow Times – themoscowtimes.com – Matthew Bodner, Mikhail Fishman – January 27, 2017) No actor on the world stage was as publicly energized by the prospect of a Donald Trump presidency as Russia. At first glance, the support seemed entirely emotional. But there was also a rational interest: Trump was open to lifting sanctions, after all. Sanctions have had a […]

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Easing Russia Sanctions ‘Under Consideration’

Economy, Business, Investment, Trade, Sanctions, United States, U.S.-Russian Relations
File Photo of White House with South Lawn and Fountain

(Bloomberg – bloomberg.com – Jennifer Epstein, Stepan Kravchenko – January 27, 2017) President Donald Trump is willing to consider removing U.S. sanctions against Russia when he has his first official discussion with Kremlin leader Vladimir Putin on Saturday, according to senior advisor Kellyanne Conway. “All of that is under consideration,” Conway said in a TV interview Friday on Fox News, […]

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NEWSWATCH: “Trump’s pick for U.S. Treasury chief says 100% committed to Russia sanctions” -bne/Intellinews

Economy, Business, Investment, Trade, Sanctions, United States, U.S.-Russian Relations

“US #Treasury secretary nominee Steven #Mnuchin said he is 100% committed to enforcing the #sanctions against #Russia, as he gave evidence during the #Senate #Finance Committee confirmation hearings on January 19. * * * … Relations between the two countries plunged to their lowest ebb since the Cold War in 2014 after Russia annexed Crimea and encouraged a separatist conflict […]

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NEWSWATCH: “Russian officials: We’re not counting on Trump to lift sanctions. #Russia says plans for 2017 based on sanctions” – CNN Money

Economy, Business, Investment, Trade, JRL NewsBlog, Nuclear, Missile Defense, Sanctions, United States, U.S.-Russian Relations
Igor Shuvalov file photo

“Russia is not banking on Donald Trump scrapping economic sanctions any time soon. First deputy prime minister Igor Shuvalov said the Russian government’s plans for 2017 are based on the expectations that sanctions are here to stay. ‘Perhaps the market is expecting an improvement in our relationship … [but] in our work, we operate on the basis of continued sanctions,’ […]

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RUSSIALINK: “Russia shouldn’t pin hopes for lifting of sanctions on foreign elections – Medvedev” – RT/Russia Today

Economy, Business, Investment, Trade, Newslinks, Politics, Government, Protests, Elections, Sanctions, United States, U.S.-Russian Relations
File Photo of Dmitry Medvedev with United Russia Logos Behind Him

“‘It’s time to discard the illusions that any sanctions imposed on our country would be lifted. Obviously, they are there to stay for a long time. And don’t lay your hopes on someone else’s elections,’ [Medvedev] said Sunday, in a speech addressing a United Russia party meeting in Moscow. …”

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Remarks by the President in Final Press Conference. (excerpt re: Russia)

Nuclear, Missile Defense, Sanctions, United States, U.S.-Russian Relations
Putin and Obama with U.S. and Russian Flags

(The White House – Office of the Press Secretary – January 18, 2017) Q Mr. President, thank you. The President-elect has said that he would consider lifting sanctions on Russia if they substantially reduced their nuclear stockpile. Given your own efforts at arms control, do you think that’s an effective strategy? Knowing this office and Mr. Trump, how would you […]

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RUSSIALINK RBTH: “Will Russia cut its nuclear arsenal in exchange for lifting sanctions?”

Europe, EU, Nuclear, Missile Defense, Sanctions, United States, U.S.-Russian Relations
Russian Mobile ICBM Parade File Photo

The U.S. may reconsider sanctions against Russia if the latter agrees to reduce its nuclear arsenals, said U.S. President-elect Donald Trump in an interview with the British newspaper, The Times. According to military experts, if the reduction is reciprocal then such an agreement will be to Russia’s advantage. Russia, however, will first want a change in NATO policy. (Russia Beyond […]

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Lift Russian Sanctions for ‘Positive Developments’ in Ukraine – OSCE Chair

Economy, Business, Investment, Trade, Europe, EU, Military, Sanctions, Ukraine, Russo-Ukrainian War
Map of Ukraine, Including Crimea, and Neighbors, Including Russia

(Moscow Times – themoscowtimes.com – January 9, 2017) Austrian Foreign Minister Sebastian Kurz has called on European leaders to begin lifting sanctions against Russia in exchange for “any positive development” in the Ukrainian crisis. Kurz, a politician for the Austrian People’s Party, claimed that the change in policy would “send a clear signal to Russia.” “My concept is clear. I […]

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Russian Ruble Ended 2016 As Second Best Emerging Market Performer

Economy, Business, Investment, Trade, Sanctions
Diverse Paper Currency, Coins, Line Graph

(RFE/RL – rferl.org – January 4, 2017) The Russian ruble continued to make gains against the euro and U.S. dollar in the first two days of trading in 2017 after ending last year as the second-best performer among emerging market currencies. The ruble ended trading in Moscow at 60.51 to the dollar and 62.76 to the euro on January 3. […]

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Trump Has Tough Choice After Obama Sanctions on Russia Hack

Economy, Business, Investment, Trade, Sanctions, Spies, Spy Allegations, United States, U.S.-Russian Relations
Putin and Obama with U.S. and Russian Flags

(Bloomberg – bloomberg.com – Nick Wadhams, Justin Sink – December 30, 2016) President Barack Obama is forcing his successor, Donald Trump, into a difficult choice: reverse the sanctions the departing president just imposed on Russia for hacking e-mails in the U.S. election or put at risk his campaign vow to improve relations with Vladimir Putin. Hours after Obama imposed penalties […]

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Putin Caps a Turnaround Year as Rosneft Deal Beats Sanctions

Economy, Business, Investment, Trade, Oil, Gas, Energy, Politics, Government, Protests, Elections, Sanctions
File Photo of Rosneft and Russian Flags Next to Rosneft Banner

(Bloomberg – bloomberg.com – Jake Rudnitsky, Ilya Arkhipov – December 8, 2016) As the U.S. and #Europe try to isolate #Russia with #sanctions, Vladimir #Putin just managed to oversee one of the biggest investments in the global #energy industry this year. The surprise $11 billion sale of shares in oil giant #Rosneft PJSC to Qatar’s sovereign wealth fund and Glencore […]

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Sanctions, economic pressure are increasingly used for political pressure – Putin

Economy, Business, Investment, Trade, Foreign Policy, Security, Visas, Sanctions
Truck at Russian Border Crossing

MOSCOW. Dec 7 (Interfax) – Russia should take into account the increase in the use of methods of economic and sanction pressure when working on its long-term economic strategy, Russian President Vladimir Putin said. “Economic restrictions, pressure, and sanctions are being increasingly used for political purposes, under the guise of political purposes, often in competition. We should take these tendencies […]

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RUSSIALINK TASS: “Central Bank anticipates remaining anti-Russia sanctions”

Economy, Business, Investment, Trade, Newslinks, Politics, Government, Protests, Elections, Sanctions
Elvira Nabiullina file photo

“The recovery may be stretched over time at present because [economic growth] factors should be different, unlike those before the oil price collapse. We understand this pretty well and speak about changing the behavior model of the economy and its development model. Economic recovery signs surfaced by now and the Bank of Russia expects minor growth of GDP,” Nabiullina said.

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NEWSWATCH: “World Bank Improves Russia Economic Outlook, Sees 1.5 Percent GDP Growth in 2017” – Reuters

Economy, Business, Investment, Trade, JRL NewsBlog, Oil, Gas, Energy, Sanctions
World Bank Building

… the World Bank said …. Russian gross domestic product will contract by 0.6 percent … oil prices are projected to recover to an average of $55 per barrel in 2017 [and] the Russian economy is expected to bottom out in the second half of this year. The World Bank sees it growing by 1.5 percent in 2017 and 1.7 […]

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NEWSLINK Forbes/Sara Hsu: “Is A Russia-China Economic Alliance On The Horizon?”

Economy, Business, Investment, Trade, Far East, Siberia, APEC, Newslinks, Sanctions, United States, U.S.-Russian Relations
Asia Map

“As Russia continues to contend with sanctions from the United States and European Union after annexing Crimea in 2014, it has cast its eye on a new ally: China. The two countries are already aligning themselves for security purposes, a prime example being their position against the U.S. missile shield deployment plans in South Korea. Both China and Russia have […]

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NEWSWATCH: “Russia’s renewed might rests on weak economic foundations. Putin bravado does not extend to modernisation of the economy” – Financial Times/Neil Buckley

Economy, Business, Investment, Trade, JRL NewsBlog, Sanctions
Diverse Paper Currency, Coins, Line Graph

… the gap between the image … Putin portrayed … and the reality was exposed by a sobering assessment of Russia’s economy by another senior official … further emphasised by a draft budget … envisaging a 27 per cent cut in defence spending …. the official … made it clear how Russia’s ambitions clash with its capabilities. … western sanctions […]

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NEWSWATCH: “Russian oil production reached post-Soviet high. Moody’s says profitability of Russian energy companies will be robust” – UPI

Economy, Business, Investment, Trade, JRL NewsBlog, Oil, Gas, Energy, Sanctions
Oil Well file photo

A ratings agency assessing the profitability of Russian energy companies said oil production for September reached a post-Soviet high. … Sanctions and lower crude oil prices put pressure on the Russian economy. Moody’s said … most Russian energy companies were shielded by a look toward the domestic market and state-controlled banks. … Meeting with … Putin this week, … Medvedev […]

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U.S. Stuck With Nobody Left to Sanction in Russia Over Syria

Economy, Business, Investment, Trade, Sanctions, Syria, United States, U.S.-Russian Relations
Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

(Bloomberg – bloomberg.com – Nick Wadhams – October 26, 2016) The U.S. put sanctions on Russia’s main arms exporter, Kremlin aides and the black leather-loving head of a motorcycle gang nicknamed “The Surgeon” after the 2014 invasion of Ukraine. Now, as Washington seeks ways to punish Moscow for its actions in Syria, it may be running out of options. President […]

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NEWSLINK Washington Post: “Please pass the Russian Parmesan: Cheesemakers celebrate sanctions, and hope they continue.”

Agriculture, Economy, Business, Investment, Trade, Europe, EU, Foreign Policy, Security, Visas, Sanctions
File Photo of U.S. Dairy Cows

“… When Russian President Vladimir Putin banned most food imports from Europe in 2014 in response to Western sanctions, Russian dairy farmers rejoiced as deliveries of French and Italian cheeses ceased. Now, they believed, they could compete. Since then, they have tried to duplicate all sorts of famous varieties, from Camembert to Emmenthal. But one global delicacy remains largely beyond […]

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Russia’s Economy at Risk of Delayed Recovery After Crimea Flareup

Economy, Business, Investment, Trade, Sanctions, Ukraine, Russo-Ukrainian War
Diverse Paper Currency, Coins, Line Graph

(Bloomberg – bloomberg.com – Andre Tartar, Anna Andrianova – August 28, 2016) The recent flare up over Crimea may have just delayed Russia’s economic recovery. After President Vladimir Putin accused Ukraine of plotting terrorist attacks on the Black Sea peninsula this month, the chance that Western countries will scrap economic sanctions against Russia has declined, according to a Bloomberg survey […]

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NEWSWATCH: “No evidence so far to corroborate Russia allegations over Crimea: U.S.” – Reuters

JRL NewsBlog, Military, Sanctions, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
Geoffrey R. Pyatt file photo

The United States has seen nothing so far that corroborates Russian allegations of a Ukrainian incursion into Crimea … U.S. ambassador to Ukraine, Geoffrey Pyatt, said …. [along with promises that] U.S. sanctions in relation to Russia’s annexation of Crimea would remain in place until the territory was returned to Ukraine. … Putin accused Kiev … of … terrorist tactics […]

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Putin’s New Friendship Offensive Won’t Work Abroad or at Home, Shevtsova Says

Economy, Business, Investment, Trade, Europe, EU, Foreign Policy, Security, Visas, Russia & the West, Sanctions, Sports, Olympics, World Cup, United States, U.S.-Russian Relations
Mercator Projection Satellite Image of Earth

(Paul Goble – Window on Eurasia – Staunton, June 19, 2016) Vladimir Putin’s “main message” at the St. Petersburg economics conference that Moscow “again wants to be friends” with the West will not work either in the West, which has been transformed by the Kremlin leader’s aggressiveness, or at home among Russians because he depends on continued anti-Western mobilization, Liliya […]

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International Economic Forum opens in St. Petersburg

Economy, Business, Investment, Trade, Oil, Gas, Energy, Sanctions
Diverse Paper Currency, Coins, Line Graph

Russian observers expect dialogue and possible progress on the softening of EU sanctions against Russia from the forum, as well as Gazprom and Shell’s joint launch of an enormous LNG plant in Russia’s northwest. (Russia Beyond the Headlines – rbth.ru – ALEXEI LOSSAN, RBTH – June 16, 2016) Leading world economists have gathered at the St. Petersburg International Economic Forum […]

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Lawmakers: More U.S. Pushback Needed Against Russian Aggression

Europe, EU, Foreign Policy, Security, Visas, Georgia, Military, NATO, Poland, Sanctions, Ukraine, Russo-Ukrainian War, United States, U.S.-Russian Relations
U.S. Capitol at Twilight With Washington Monument, National Mall, Washington, D.C., Environs and Sunset in Background

(Voice of America – voanews.com – Pamela Dockins – June 8, 2016) U.S. lawmakers have expressed concern that the Obama administration may not be engaged enough in countering what they view as Russia’s bad behavior in Ukraine and Georgia. “I worry that the message that [Russian President Vladimir] Putin must be taking from our response is that his limit-testing aggression […]

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Russians believe policy should not change under sanctions

Economy, Business, Investment, Trade, Europe, EU, Sanctions
EU Map

(Interfax – June 8, 2016) Most Russians (71 percent) are expecting the European Union to extend sanctions against Russia this summer, and 15 percent claim the opposite, the Levada Center told Interfax. Fourteen percent of 800 respondents polled in 137 populated localities in 48 regions on May 27-30 could not predict what the European authorities would do. The share of […]

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Why the U.S. Needs Russian Rocket Engines to Spy on Russia

Economy, Business, Investment, Trade, Military, Sanctions, Space, Spies, Spy Allegations, United States, U.S.-Russian Relations
File Photo of Atlas Rocket on Launch Pad

(Bloomberg – bloomberg.com – Eli Lake – June 6, 2016) When President Barack Obama came into office, the fact that Russia sold the U.S. the rocket engines it needed for launches was a feature of U.S. foreign policy, not a bug. Obama was trying to reset the U.S. relationship with Moscow, and that meant finding areas where the two former […]

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NEWSWATCH: “Step-by-Step Rapprochement. Germany Considers Easing of Russia Sanctions. Standing tough on Russia remains official policy, but Germany has begun working on the careful easing of sanctions imposed following Moscow’s aggression in Ukraine. The US is opposed, but many in the EU could support the new approach.” – Der Spiegel

Economy, Business, Investment, Trade, Europe, EU, Germany, JRL NewsBlog, NATO, Sanctions, Ukraine, Russo-Ukrainian War
Europe Map

… What Merkel didn’t say … is that behind the scenes, her government has long since developed concrete plans for a step-by-step easing of the sanctions against Russia and that the process could begin as early as this year. … the message has been that the trade and travel restrictions will only be lifted once all the provisions foreseen by […]

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Russia Hails Eurobond Triumph as Traders Ask: Who Bought It?

Economy, Business, Investment, Trade, Europe, EU, Sanctions, United States, U.S.-Russian Relations
Cash, Calculator, Pen

(Bloomberg – bloomberg.com – Andrey Biryukov, Lyubov Pronina – May 25, 2016) Russia hailed its sale of $1.75 billion of Eurobonds as a triumph in the face of sanctions and “unprecedented pressure” from U.S. and European Union governments. While Finance Minister Anton Siluanov said the deal showed foreigners have “trust” in Russia, investors expressed concern the bond won’t be admitted […]

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NEWSWATCH: “Former U.S. diplomat criticizes Canada’s ‘weakness’ on Russia” [Michael McFaul] – The Globe and Mail (Canada)

Assassinations, Beatings, Threats, Canada, Economy, Business, Investment, Trade, Human Rights, JRL NewsBlog, Sanctions, United States, U.S.-Russian Relations
Memorial Flowers and Photo of Sergei Magnitsky

… Obama’s former ambassador to Russia says Canada is showing a ‘sign of weakness’ by not pushing ahead with a promised U.S.-style Magnitsky Act that would punish Russians deemed to be human-rights violators with visa bans and asset freezes. … McFaul, who served as the U.S. envoy to Moscow from 2012 to 2014 and before that was … Obama’s special […]

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RBTH: Medvedev: Global community must work together to regulate internet; The Russian prime minister has urged the international community to act together in addressing global challenges.

Economy, Business, Investment, Trade, Foreign Policy, Security, Visas, Media, Internet, Social Media, Television, Sanctions
File Photo Dmitry Medvedev at Desk with Laptop Computer

(Russia Beyond the Headlines – rbth.ru – ALEXEI LOSSAN, RBTH – May 23, 2016) Russian Prime Minister Dmitry Medvedev has emphasized the importance of international cooperation on addressing new global challenges, including regulation of the internet, while admitting that the country has been feeling the pressure of Western sanctions. “Our companies and citizens have been subjected to pressure for two […]

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Interfax: Foreign investors believe in Russia’s prospects despite sanctions – Shuvalov

Economy, Business, Investment, Trade, Sanctions
Igor Shuvalov file photo

(Interfax – May 22, 2016) Foreign investors believe in the prospects of Russian economy and are setting up their productions here, Russian First Deputy Prime Minister Igor Shuvalov said in the Sunday Evening with Vladimir Solovyev show on Rossiya 1 (VGTRK) television on May 22. “If you take a look at how many new plants are opening now [in the […]

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Economy Minister Says Russia Out of Recession More Than Six Months

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections, Sanctions, Ukraine, Russo-Ukrainian War
Alexei Ulyukayev file photo

(Moscow Times – themoscowtimes.com – May 20, 2016) The Russian economy has been out of recession for more than six months, Economic Development Minister Alexei Ulyukayev said during a briefing at the Russia-ASEAN summit on Friday, the TASS news agency reported. Russia’s GDP may perform better than the official forecast, which predicted a decline of 0.2 percent, Ulyukayev said, attributing […]

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NEWSLINK Foreign Policy/DAVID FRANCIS, LARA JAKESA: “‘Sanctions Are a Failue…Let’s Admit That.’ With Europe debating re-opening economic ties to Russia, have U.S. sanctions on Moscow lost their teeth?”

Economy, Business, Investment, Trade, Europe, EU, Newslinks, Russia & the West, Sanctions, United States, U.S.-Russian Relations
File Photo of G7 Leaders and other Officials Around Round Table at the Hague, with Flags » Read more
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Putin doesn’t expect Western sanctions to be lifted soon, says Russia to keep countersanctions in place

Economy, Business, Investment, Trade, Europe, EU, Sanctions, United States, U.S.-Russian Relations
Truck at Russian Border Crossing

MOSCOW. April 14 (Interfax) – Russian President Vladimir Putin does not expect the Western sanctions to be lifted from Russia in the near future. “I don’t think our partners will decide to lift the restrictions and limitations from our country in the near future,” Putin said during a Q&A session on Thursday. “Even though the Minsk Agreements on southeastern Ukraine […]

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