NEWSLINK: “How Will Trump Punish Russia Next? When it comes to sending messages to bad actors, presidents have a standard bag of tricks to choose from.” – Politico/Samantha Vinograd

File Photo of Vladimir Putin and Barack Obama Seated Before Russian and U.S. Flags

“… I spent a lot of time in the situation room debating how to respond to naughty global players ….”

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NEWSWATCH: “Russian Spy’s Poisoning: Where Does PM May Go from Here? Russia’s apparent attempt to murder Sergei Skripal in the United Kingdom leaves Her Majesty’s Government with no good choices” – David Johnson/The National Interest

File Photo of British Parliament Building, Big Ben, Thames, adapted from image at loc.gov

“Russia’s apparent attempt to murder Sergei Skripal in the United Kingdom leaves … [the UK] with no good choices. Unlike the murder of … Litvinenko … London had no choice but rapidly and publicly to accuse [Russia] of … incompetence in losing control of a nerve agent it invented or attempted murder on British soil. …”  British Prime Minister May […]

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Interfax: Putin: import substitution in Russia is temporary phenomenon

File Photo of U.S. Dairy Cows

SAMARA. March 7 (Interfax) – Import substitution in Russia is a temporary phenomenon; a temporary tool to balance out the current situation, Russian President Vladimir Putin said. “The idea of import substitution is not, in and of itself, universal and is not what we should be aiming for in the long run; import substitution mustn’t disrupt competition. This is an […]

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Interfax: Ryabkov predicts countermeasures in response to new U.S. sanctions on Russia

Sergei Ryabkov file photo

MOSCOW. Feb 15 (Interfax) – Russia will respond to new sanctions from the United Sates if they are imposed, Russian Deputy Foreign Minister Sergei Ryabkov said. “If the threats are followed by real actions, we will act as before, staying calm and reserved – that is, ensure alternative forms and ways of achieving the tasks faced by our economic operators, […]

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Interfax: Medvedev: U.S. seeks to oust Russian companies from European market by putting them on different lists

Dmitri Medvedev file photo

SOCHI. Feb 15 (Interfax) – The United States is seeking to oust Russian companies from European market by including them in different lists, Russian Prime Minister Dmitry Medvedev said. “Why are they doing so? For purely pragmatic reasons, this is because they want to promote their companies to European market, but, saying it straightforwardly, Europe and the U.S. are now […]

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NEWSLINK: “Expansion, Sanctions, and Opposition-Promotion: the West’s Failed Russian Transformation Strategy” – Russian and Eurasian Politics/ Gordon M. Hahn

File Photo of Kremlin Aerial View, adapted from .gov source

“… The West’s post-Ukraine crisis sanction meanwhile are intended to undermine the regime from above. The hope in Washington and Brussels is that by pressuring state and private oligarchs close to Putin or the Kremlin, some may withdraw their support and seek either to remove Putin in a coup or join the opposition and remove him in a revolution or […]

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Interfax: Ryabkov on countering ‘Kremlin list’: response not to be completely mirrored, Russia not to harm itself

Sergei Ryabkov file photo

MOSCOW. Feb 5 (Interfax) – The political meaning of the ‘Kremlin list’ composed in the United States is Washington’s wish to ‘put pressure’ on Russia, Deputy Foreign Minister Sergei Ryabkov told the newspaper Izvestia in an interview on Monday. “Hence, we are not trying to counter this situation in a completely mirrored way and will not do any harm to […]

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Can Russia Sustain Its Foreign Policy Power Plays in 2018?

File Photo of U.S. Embassy Moscow, with Russian Foreign Ministry Building in Distance

(Moscow Times – themoscowtimes.com – Jonathan Brown, Editor, Moscow Times – January 31, 2018) When Vladimir Putin landed in Syria late last year, he was greeted by President Bashar Assad not as a foreign dignitary, but as the guardian of the embattled nation. “Syria has been preserved as a sovereign and independent state,” Putin told soldiers assembled at the Khmeimim […]

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Why The List Matters

(Article ©2018 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Brian Whitmore – January 31, 2018 – also appeared at rferl.org/a/daily-vertical-transcript-why-the-list-matters/29009462.html) So by now we’ve all probably heard the initial reaction to the U.S. Treasury Department’s much-anticipated list of the most influential Russian officials and oligarchs who could be subject to future sanctions. It’s nothing more than a “who’s who” […]

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NEWSLINK: “DC Think Tanks Fail To Deliver Russian ‘Sanctions’ Smackdown, Market Up” – Forbes/ Kenneth Rapoza

Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

“… The bulk of the names on the list, including Gazprom CEO Alexei Miller, VTB Bank president Andrey Kostin, and metals tycoon Oleg Deripaska, were all names on ‘black’ and ‘gray’ lists circulating between the State Department and Washington think tanks for months. Treasury said that the appearance on the list does not mean they are banned from traveling to […]

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NEWSLINK: “Washington added every Russian billionaire to its ‘list of oligarchs.’ Does that make sense? Who are these ‘oligarchs’?” – Meduza

File Photo of Two Persons Shaking Hands and Exchanging Cash

“1. What Happened? … 2. Who does Washington consider an “oligarch” in Russia? … 3. But who are “oligarchs” really? It is just very rich business people? … 4. Who are Russia’s oligarchs? Where’d they come from? … 5. Is this the only definition of “oligarchy”? … 6. Does Russia have “oligarchs” today? …”

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NEWSWATCH: “U.S. Sanctions Would Be ‘Economic War’ to Head of Russia’s VTB; Personal sanctions would be preferable to institutional ones, Kostin says” – Bloomberg/Jake Rudnitsky, Francine Lacqua

VTB Bank File Photo

“As Moscow braces for a possible expansion of U.S. sanctions, the head of Russia’s second-biggest bank said any further restrictions on the nation’s lenders would be tantamount to ‘economic war.’  * * * While VTB has been subject to restrictions on raising financing since 2014 after Russia’s annexation of Crimea from Ukraine, new sanctions could go as far as cutting off […]

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Who’s On The List? Russia’s Elite Nervous About New U.S. Sanctions

Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

(Article ©2018 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Mike Eckel – WASHINGTON – January 15, 2018 – also appeared at https://www.rferl.org/a/russia-sanctions-list-putin-circle-elite-nervous/28976991.html) There’s a chill settling in over Moscow, and it’s not just the arctic temperatures that typically smother the Russian capital in January. As U.S. officials put the finishing touches on new financial and travel sanctions against Russia, […]

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NEWSWATCH: “For Some Russian Oligarchs, Sanctions Risk Makes Putin Awkward to Know” – Reuters

“The threat of new U.S. sanctions has spread anxiety among Russia’s wealthiest people that their association with … Putin could land them on a U.S. government blacklist …. drawn up by early next year … part of a sanctions bill passed overwhelmingly by Congress …. Although those included on the list would not automatically be sanctioned, six people … part of the […]

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NEWSWATCH: “Putin in the Boot; New sanctions are about to bite, and Russia’s elite are spooked; The personal sanctions against regime cronies are especially tough” – The Economist

File Photo of Kremlin Tower, St. Basil's, Red Square at Night

“… CAATSA moderately increases the pressure …. It extends the restrictions on investing in new Russian oil and gas projects to the operations of Russian firms in third countries. … the effectiveness of these new sanctions, which the administration is allowed to pause until late January, is undermined by the fact that European firms have been ring-fenced from their effects. Gazprom … has […]

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Study: U.S. Sanctions Hurting Russians’ Support for U.S., not Kremlin

(PONARS Eurasia – ponarseurasia.org – Henry Hale, George Washington University Professor of Political Science and International Affairs – November 14, 2017) Are American sanctions hurting support for Putin? New political science research suggests the answer is no. This study was presented at the 2017 convention of the main association for specialists on Russia, Eastern Europe, and Eurasia (ASEEES) in Chicago, […]

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Russian LNG Unfazed By U.S. Sanctions

Asia Map

(Oilprice.com – Tsvetana Paraskova – November 2, 2017) Russia’s energy industry faces a new round of U.S. sanctions – including on oil projects in any location if a designated entity holds more than 33 percent. And in Europe, where Russia’s gas giant Gazprom currently holds a large share of the gas supplies, Poland and Lithuania are buying U.S. LNG in […]

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NEWSWATCH: “Russia’s economic recovery not enough for higher rating: Moody’s” – Reuters/ Andrey Ostroukh

Diverse Paper Currency, Coins, Line Graph

“Economic recovery in Russia is not strong enough to convince Moody’s rating agency to upgrade its sovereign credit rating as the country still lacks sufficient structural reform …. Moody’s downgraded Russia’s rating to below investment grade in early 2015 as Russia’s economy slipped into recession amid a rapid drop in oil prices and Western sanctions … over [Russia’s] role in the Ukrainian […]

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Rusia destroys 17,600 tonnes of embargo-busting produce since August 2015 – watchdog

File Photo of Kremlin Tower, St. Basil's, Red Square at Night

MOSCOW. Aug 28 (Interfax) – Since August 6, 2015, Russia has destroyed 17,600 tonnes of food products imported to Russia in violation of the partial embargo, Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) reported. Products from plant cultivation account for 17,140 tonnes of the total, while 475 tonnes of livestock farming products have been destroyed. In the two years […]

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NEWSWATCH: “Despite New U.S. Sanctions, Russian Oil Traders Say It’s Business as Usual” – Reuters

Oil Well file photo

“Russian oil companies will quickly find ways to work around tighter restrictions imposed this month by the United States on the foreign finance they can use, multiple Russian oil industry sources told Reuters. … new restrictions cut the period that U.S.-based entities can provide finance to Russian energy firms from 90 to 60 days … part of a fresh package of U.S. […]

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NEWSWATCH: “Russian economy boss: sanctions no longer bite” – AP

Truck at Russian Border Crossing

“… Maxim Oreshkin … [said that] the Russian economy is on track to grow at least 2 percent this year. That would be a first after 2014, when the economy sank into recession driven by sinking oil prices and sanctions over Russian actions in Ukraine. … he said, ‘we see more willingness on the Asian side to work with us.’ He wouldn’t […]

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A Month After Tighter Sanctions, Russia Risk Drops to a Four-Year Low

File Photo of Outdoor Electronic Sign with Russian Exchange Data

(Bloomberg – bloomberg.com – Natasha Doff, Ksenia Galouchko – August 24, 2017) [Text with charts: bloomberg.com/news/articles/2017-08-24/month-after-sanctions-storm-russia-risk-drops-to-four-year-low] Less than a month after the U.S. toughened its main sanctions against Russia, a measure of the country’s political risk is back to its lowest level in four years. The cost of insuring Russian debt against default for five years using credit-default swaps dropped […]

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Russian Emigres in New York Unfazed by Sanctions Fallout; U.S.-Russia relations are flourishing in Brooklyn’s ‘Little Odessa’

File Photo of Manhattan and Manhattan Bridge, adapted from image at loc.gov, from photo by Carol M. Highsmith

(Moscow Times – themoscowtimes.com – Evan Gershkovich – August 18, 2017) NEW YORK – U.S. President Donald Trump begrudgingly signed off on the latest round of sanctions against Russia early in August to the sound of growing hostility. In Russia, Prime Minister Dmitry Medvedev slammed the new sanctions, saying Washington had launched “a full-fledged economic war on Russia.” “It ends […]

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The One Big Problem With New Russia Sanctions; Congress won’t let Trump waive penalties, which gives Moscow no reason to change its behavior.

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

(Bloomberg – bloomberg.com – Meghan L. O’Sullivan – August 10, 2017) Meghan L. O’Sullivan is a Bloomberg columnist and the Jeane Kirkpatrick Professor of the Practice of International Affairs at Harvard University’s Kennedy School. She served on the National Security Council from 2004 to 2007, and was deputy national security adviser for Iraq and Afghanistan. The latest round of congressional […]

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Washington May Force Russia to Close Consulate Amid Diplomatic Spat

File Photo of Russian Embassy in Washington, D.C., Adapted From Image at loc.gov

(Moscow Times – themoscowtimes.com – August 11, 2017) Washington could force Russia to shutter one of four consulates in the United States as part of an escalating diplomatic rift between the countries over fresh U.S. sanctions, the Kommersant newspaper reported on Friday citing unidentified sources. Russian authorities on July 28 ordered the United States reduce the number of employees in […]

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Russia Braces for Permanent Sanctions From the U.S.; Moscow was hopeful Trump would loosen sanctions. Instead, he made them permanent.

Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

(Bloomberg – bloomberg.com – Henry Meyer, Anna Andrianova – August 8, 2017) Andrey Kostin, a former Soviet diplomat in London who runs Russia’s second-largest bank, was jubilant when Donald Trump was elected last year. “We may soon see U.S. financial sanctions eased or even lifted,” he said at the time. Now, he’s changed his tune as his state-run VTB Group, […]

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NEWSLINK: “Factbox: What Do the New U.S. Sanctions on Russia Target?” – Reuters

U.S. Capitol in Bright Sunlight

“… * The law establishes a review process that allows #Congress to block any effort by #Trump to ease or lift sanctions on #Russia. Lawmakers passed the bill to punish Russia over its alleged interference in the 2016 U.S. presidential election, its annexation of Ukraine’s Crimea region and its involvement in Syria’s civil war. * Trump, or any U.S. president, […]

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NEWSWATCH: “Why New U.S. Sanctions Could Be a Ticking Time Bomb for Investors in Russia” – Moscow Times/ Elisabeth Braw, Nabi Abdullaev

File Photo of Man Placing Stack of Large Bills into Inside Pocket of Suitcoat

“The 755 staff forced to leave the U.S. embassy by … Putin may seem to have little to do with private companies wishing to invest in Russia. But in reality, they’re closely linked. … international companies planning to invest in Russia or already doing business there now face more uncertainty. And six months from now, a ticking bomb wrapped in […]

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Russian diplomat warns of risk to arms control with US

Iskander Missile with Launch file photo

(Interfax – August 2, 2017) Moscow, 2 August: Moscow’s possible countermeasures to the USA’s new anti-Russian sanctions may hypothetically affect agreements in the areas of disarmament and nonproliferation but any actions in this area have to meet Russia’s national interests, a Russian Foreign Ministry official has said. “Anything is possible in life, and I would like to draw your attention, […]

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Russia’s Medvedev Says U.S. Sanctions Bill Ends Hope For Better Ties

Dmitri Medvedev file photo

(Article ©2017 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Aug. 3, 2017 – also appeared at rferl.org/a/trump-signs-russia-sanctions-bill/28655189.html) Russian Prime Minister Dmitry Medvedev sharply denounced the sanctions bill signed into law by U.S. President Donald Trump on August 2, saying it ends hope for improving relations and ignites “an all-out trade war with #Russia.” “The hope for improving our relations […]

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NEWSLINK: “We Need to Stop Using Russia as a Political Football; From Nixon to Trump, there have always been long-term risks in exploiting foreign policy for domestic political gain” – The Nation/ Vadim Nikitin

Leonid Brezhnev and Richard Nixon Sitting and Talking, as Nixon Gestures, with Third Man Standing and Leaning Closely Between Them

“By voting in new sanctions against Russia, Congress torpedoed the White House’s dream of rapprochement with the Kremlin. Yet its real target was not a foreign foe but an unpopular Republican president threatened by impeachment over alleged electoral manipulation. With the commander in chief dogged by perceived softness on Moscow and crippled by plummeting approval ratings, Congress chose foreign policy […]

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NEWSWATCH: “President Trump signs Russia sanctions bill” – ABC

File Photo of White House with South Lawn and Fountain

“… Trump today signed a bill aimed at punishing Russia for its interference in the 2016 election despite his reservations … passed with rare and overwhelming bipartisan support in Congress …. The bill limits the president’s ability to lift or waive sanctions against Russia and keeps in place sanctions the Obama administration imposed …. It also allows the U.S. to deny […]

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U.S. Sanctions Are Another Gift to Putin; Far from being hurt by them, he finds them useful.

U.S. Capitol in Bright Sunlight

(Bloomberg – bloomberg.com – Leonid Bershidsky – July 31, 2017) Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru. Russian President Vladimir Putin tends to respond to Western sanctions in ways its authors probably didn’t anticipate: by going after those Russians who could most help […]

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NEWSLINK: “Latest Diplomatic Rift Places US, Russia on Edge of ‘Tipping Point'” – Russia Matters/ Paul Saunders

File Photo of U.S. Embassy Moscow, with Russian Foreign Ministry Building in Distance

“The Russian government’s recent announcement of its decision to eject American diplomats and block access to two diplomatic properties may signal an approaching tipping point in the United States-Russia relationship. Trump administration officials and members of Congress should consider very carefully how to proceed. While the Russian Foreign Ministry’s official announcement of Moscow’s latest moves focused primarily on Russia’s complaints […]

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NEWSWATCH: “Russia Risks Decades of Low Growth Under U.S. Sanctions: Putin Adviser”- Reuters

Alexei Kudrin file photo

“Russia risks being saddled with U.S. sanctions for decades, curbing economic growth and preventing it from regaining its status as a leading economic power, an adviser to President Vladimir Putin said …. Alexei Kudrin told Reuters that the current proposed tightening of sanctions in Washington should not have any serious impact. But he called for a major structural reform program […]

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Why Russia’s Market Is Rising After Sanctions Bill Approval

Cash, Calculator, Pen

(Bloomberg – bloomberg.com – Ksenia Galouchko – July 27, 2017) The U.S. House has approved a bill hardening sanctions against Russia, but European resistance to some of its toughest new measures means the impact on companies will be muted, according to Goldman Sachs Group Inc. and Deutsche Bank AG. As it stands now, the most negative aspect of the bill […]

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New U.S. sanctions bill on Russia threatens to further erode Minsk agreement; The diplomatic spat over new U.S. Russia sanctions risks eroding common US-EU position on Ukraine conflict.

U.S. Capitol in Bright Sunlight

(opendemocracy.net – Moritz Pieper – July 27, 2017) Moritz Pieper is a Lecturer in International Relations at the University of Salford, UK. He received his PhD from the University of Kent’s Brussels School of International Studies. He has been a visiting Research Fellow at China Foreign Affairs University (CFAU), Beijing, the German Institute for International and Security Affairs (SWP), Brussels, […]

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Moscow Hears Political Saber Rattling in Fresh U.S. Sanctions Vote; The vote sparked harsh rhetoric not heard since Trump has come to office

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

(Moscow Times – themoscowtimes.com – Lena Smirnova – July 26, 2017) Top Russian officials on Wednesday slammed a U.S. House of Representatives vote in favor of fresh sanctions, with one official warning it could trigger “a new Cold War.” “Washington is a source of danger,” Deputy Foreign Minister Sergei Ryabkov told the state-run TASS news agency. “This is a blatant, […]

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New U.S. Sanctions on Russia Are a Mixed Bag; Europeans are rightly wary that promoting U.S. exports is an ulterior motive.

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

(Bloomberg – bloomberg.com – Leonid Bershidsky – July 24, 2017) Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru. The European Commission is preparing to counteract the new sanctions the U.S. Congress may impose on Russia this week. This may sound as if Europe is […]

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Russian government extends counter-sanctions till end of 2018

EU Map

MOSCOW. July 5 (Interfax) – Russian Prime Minister Dmitry Medvedev has signed a resolution extending the ban on imports of certain types of agricultural products, raw materials and food, the governmental website said in a report on Wednesday. “The ban on imports of certain types of agricultural products, raw materials and food originating from the United States, EU member countries, […]

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Cold War Deja Vu Deepens as New Russia Sanctions Anger Europe

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

(Bloomberg – bloomberg.com – Marc Champion – June 18, 2017) Russia on Sunday accused the U.S. of returning to “almost forgotten Cold War rhetoric,” after President Donald Trump’s decision to reinstate some sanctions on Cuba. It could have dropped “forgotten.” There’s been a lively debate among historians and diplomats for years over whether the souring of relations between the U.S. […]

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Punishing Putin Mostly Means Punishing His Foes; Washington wants more sanctions. But they would further strangle a pro-democracy movement on life support.

Kremlin and River

(Bloomberg – bloomberg.com – Leonid Bershidsky – June 12, 2017) Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.ru. After being surprised by broad-based protests in late March, the Russian authorities were ready to prevent a repeat on Monday. Police detained hundreds across the country […]

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NEWSLINK: “How the Trump administration’s secret efforts to ease Russia sanctions fell short” – Yahoo News/ Michael Isikoff

State Department Building and U.S. Flag

“In the early weeks of the Trump administration, former Obama administration officials and State Department staffers fought an intense, behind-the-scenes battle to head off efforts by incoming officials to normalize relations with Russia, according to multiple sources familiar with the events. …”

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VIDEO & ARTICLE: “Russian Banker Sees Trump Facing Witch Hunt in New Cold War” – Bloomberg

File Photo of White House with South Lawn and Fountain

(Bloomberg – bloomberg.com – Erik Schatzker, Jake Rudnitsky – June 1, 2017) [Video interview also at: bloomberg.com/politics/articles/2017-06-01/russian-banker-says-u-s-involved-in-witch-hunt-against-trump] U.S. politicians have turned an investigation into alleged Russian interference in the presidential elections into a witch hunt to settle domestic political scores, according to the head of Russia’s second-largest bank. “This is effectively a new Cold War,” VTB Group Chief Executive Officer […]

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NEWSWATCH: “Macron meets Russia’s Putin near Paris, promising tough talks” – Reuters/ Michel Rose, Denis Dyomkin

Eiffel Tower and Tree-Lined Grassy Green, adapted from image at lbl.gov

“#French President Emmanuel #Macron met #Russia’s Vladimir #Putin near Paris on Monday, promising some frank talking with the Kremlin leader after an election campaign in which his team accused Russian media of trying to interfere. … * * * While Moscow backs [#Syria’s] … al-Assad, France supports rebel groups trying to overthrow him. France has also taken a tough line on […]

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NEWSWATCH: “Russia’s economy is recovering well” – CNN

Diverse Paper Currency, Coins, Line Graph

“[Russia] is recovering nicely from a recession and should see economic growth of 1.4% this year, according to [the IMF] … Russia is heavily dependent on oil exports and was hit hard when crude prices started to crash in 2014. Economic sanctions imposed by Western governments as punishment for Russia taking control of Ukraine’s Crimea region dealt the economy another blow. […]

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NEWSWATCH: “Western sanctions and languid Russian economy; Stringent international sanctions imposed on Russia for its role in the Ukraine conflict have sucked the momentum out of the Russian economy over the past couple of years. The nation’s growth prospects remain lethargic.” – Deutsche Welle/ Srinivas Mazumdaru

EU Map

Talks between … #Merkel and … #Putin … focused mainly on geopolitical and security problems, such as … #Ukraine and #Syria. … [they] did not explicitly bring up … #sanctions at the press conference … with the #German chancellor simply saying she hoped some of the sanctions could be lifted if Moscow helped make significant progress in implementing the Minsk peace plan. * * * The sanctions […]

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TRANSCRIPT: [Putin and Merkel] Press statements and answers to media questions following meeting with Federal Chancellor of Germany Angela Merkel

Map of Germany

(Kremlin.ru – Sochi, May 2, 2017) President of Russia Vladimir Putin: Good afternoon, ladies and gentlemen, I would like to begin by thanking the Federal Chancellor for coming to Sochi and for the opportunity to have a meaningful conversation on preparations for the upcoming July G20 meeting in Hamburg, and review urgent matters on the bilateral agenda, as well as […]

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NEWSLINK: “ExxonMobil Just Challenged Trump to Get Serious With Russia Policy” – Fortune/ Richard Nephew, Colin Rowat

Portion of U.S. Treasury Department Building Facade, North Side, with Sculpture of Alexander Hamilton

“Earlier this month, news leaked that ExxonMobil was pushing the Treasury Department to grant it a sanctions waiver, which would allow the company to resume its joint venture Black Sea drilling operations with Russian oil giant Rosneft. The Treasury Department has since denied the waiver application, as waivers are granted for humanitarian and policy reasons, not for business reasons—which was […]

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