Browsing Tag
Sanctions against Russia
178 posts
sanctions against Russia
Russia plans 68% increase in 2024 military spending, surpassing Ukraine’s defense budget 2.5 times
Ukraine will also increase military spending by 17% in 2024, allocating almost all available money for defense.
NYT: US may use legal mechanism to transfer frozen Russian assets to Ukraine
US President may use the 1977 Act to transfer frozen Russian reserves worth billions of dollars to Ukraine, according to the New York Times.
NYT: Russia overcomes sanctions and produces even more missiles than before 2022
In 2022, due to Western sanctions, Russia significantly reduced the production of missiles and other weapons. However, by the end of 2022, Moscow's military-industrial manufacturing has practically recovered and has even exceeded its pre-war levels, according to the NYT. It means Moscow has found a way to evade sanctions and export controls.
EU renews sanctions on nearly 1,800 Russians, excluding four people
The European Council extended existing sanctions on Russians for the next 6 months for threatening Ukraine's sovereignty, remaining nearly 1 800 Russians under travel bans and asset freezes until March 2024.
Ukraine’s intel: Russia attacks Ukraine with missiles manufactured this year
Russia circumvents sanctions and manufactures missiles from imported components.
Ukrainian special services exposed how Western components are shipped to Russia for Lancet drones
At best, sanctions increase the price of components for Russian weapons manufacturers, like the German-made engines for Russian…
Ukraine’s intel: Russia ramps up missile production and starts assembling Shahed drones on its territory
After the latest Russian drone attacks on Ukraine, components were found in the Shahed kamikaze drones that indicate…
Russia circumvents oil sanctions, outsmarting the West
Despite an embargo, Russian oil exports are booming, funneling billions into Moscow's war machine while undermining efforts to hamper Putin's invasion of Ukraine.
Yermak-McFaul Group: 67% of foreign components for Russian drones supplied from China
The international working group on sanctions against Russia, chaired by Head of the Office of the President of Ukraine Andrii Yermak and Ambassador Michael McFaul, has determined that 67% of foreign components for Russian drones are supplied from China
The Telegraph: Shipments of dual-use goods from China to Russia soared several times
Russian firms – including sanctioned companies – involved in the production of missile launchers, armored vehicles, and strategic…
Switzerland expands sanctions against Russia, joining EU’s 11th sanctions package
On 16 August, the Swiss Federal Council decided to extend sanctions against Russia, thus completely joining the 11th…
Ukraine nears breakthrough in confiscating EU-based Russian assets
Ukraine is nearing a landmark confiscation of Russian oligarchic money in a company posing as Dutch, potentially opening the door to confiscation of other Russian assets in the West, a total of $300 bn that could be used to rebuild Ukraine.
Meet the gray cardinals of anti-Russian sanctions
Every new Russian sanctions list in the US, UK, EU, and other countries is underpinned by weeks of research by the Yermak-McFaul Group. Here is how it works
Bloomberg: US banks profit from ruble trading amid sanctions and Russian market exodus
Amid the withdrawal of investors from Russia, the world’s largest banks tripled their revenue from trading in the…
EU renews sanctions against specific sectors of Russia’s economy
The Council of the European Unit decided to prolong by six months, until 31 January 2024, the restrictive…
US needs to crank up pressure on Russia’s economy – Former CIA chief
“Putin is in a very, very difficult situation. We need to continue to tighten the screws,” former CIA…
Switzerland expands sanctions on Russia in line with EU – CNN
On 28 June, the Swiss government said in a statement that Switzerland is expanding its sanctions on Russia…
Russians should go to 2024 Olympics in tanks – President of Russia’s Wrestling Federation
Russians should consider going to Paris for the 2024 Summer Olympics in tanks, Mikhail Mamiashvili, president of the…
US halts export of consumer goods to Russia, adds 71 companies to trade blacklist – Reuters
On 19 May, the US halted the export of a wide range of consumer goods to Russia, including…
UK’s new sanctions target Russia’s theft of Ukrainian grain, advanced mil tech, key revenue sources
On 19 May, the UK announced a new wave of sanctions against Russia, targeting businesses and individuals connected…
