Étiquette : Sanctions
Rosatom remains untouched
Despite generating billions in revenue to fuel Russia’s war and help exert political influence, the country’s nuclear giant Rosatom remains untouched even by the 16th package of EU sanctions. Read more at...
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Treasury Intensifies Sanctions Against Russia by Targeting Russia’s Oil Production and Exports
The US imposed sanctions on over 200 entities, including Gazprom Neft and Surgutneftegas, and individuals involved in Russia’s energy sector and identified over 180 vessels as blocked property. This wide-ranging, robust action will further constrain revenues from Russia’s energy resources and degrade Putin’s ability to fund his illegal war against Ukraine.
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Senior Biden aide commits to giving Ukraine avalanche of military assistance
The White House has gamed out a last-minute strategy to bolster Ukraine’s war position, which includes $20 billion in loans and sweeping sanctions on Russia, according to a background briefing from a National Security Council spokesperson.
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Parliament calls for an EU crackdown on Russia’s ’shadow fleet’
European Parliament MEPs demanded more targeted EU sanctions against Russia’s so-called shadow fleet, which provides a key financial lifeline for Moscow’s war in Ukraine.
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Western, Russian nuclear industries still intertwined, report says
Despite sanctions and geopolitical tensions, the nuclear industries of Western countries and Russia remain closely interconnected. This connection persists through the collaboration on nuclear fuel supplies and technology, revealing that many Western nations continue to rely on Russian expertise and resources. Ongoing contracts and business relationships indicate that a complete separation would be challenging and could disrupt energy supplies. Efforts to reduce this dependency are ongoing, but the process is complex due to the specialized nature of the nuclear sector. Read more at Reuters...
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Sanctions on Russia Hurt Neighbor So Much It Won’t Always Comply
Kazakhstan is drawing a new line in its enforcement of sanctions targeting Russia, vowing to put its own economic interests first as it also deepens trade ties with countries from Iran to China. The Central Asian nation “won’t blindly follow the sanctions” if they affect domestic companies that function as the main employers in their areas” – Bloomberg.
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